What Is an Economic Calendar?
An economic calendar lists scheduled economic events.
You will typically see:
- Date
- Time
- Currency
- Event
- Previous
- Forecast
- Actual
- Impact level
Example
Imagine the calendar shows:
Inflation
Previous: 3.0%
Forecast: 2.8%
Actual: 2.5%
The actual number came in below expectations.
The market may react depending on what traders believe this means for future monetary policy.
Why the Forecast Matters
A common beginner mistake is looking only at the actual number.
Markets often care about the difference between:
What was expected
and
What actually happened.
Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
