What is the Economic Calendar?

The Economic Calendar is an essential tool for traders to track and analyze market-moving events, helping to anticipate price movements. It lists key national and international events in chronological order, including major reports like GDP announcements, Non-Farm Payrolls (NFP) numbers, and interest rate decisions. These high-impact events can significantly influence the financial market and can vary depending on the instrument.

How to get a head start with the Economic Calendar?

For new traders, the economic calendar is your essential resource for staying informed about market news and its potential impact on currency prices and other tradable instruments.

With various trading strategies available, it’s crucial to focus on economic indicators and events that align with your approach. For instance, if you’re a scalper looking to profit from small, frequent trades, missing a significant economic release could severely impact your account.

At CG FinTech, our priority is to empower you with the tools needed to make informed trading decisions, helping you stay ahead and succeed.