See key upcoming market events

An economic calendar is a tool that provides detailed information on upcoming economic events and indicators that can impact financial markets. It includes data such as the time and date of the event, the country involved, the type of economic indicator (e.g., GDP, unemployment rate, inflation, interest rates), and the previous, forecasted, and actual values. This tool is essential for investors and traders to stay informed about events that could influence market movements.

Investors can use the economic calendar to plan their trades around significant economic events. For instance, if a major economic report is expected to be released investors might choose to enter or exit positions before the release to avoid potential volatility. Additionally, understanding the forecasted and actual values of economic indicators can help investors gauge the health of an economy and make more informed decisions about their investments.

Yes, XTB's economic calendar allow users to view past events and their outcomes. This historical data can be valuable for analyzing trends and understanding how previous events have impacted the markets. For example, you can look back at past interest rate decisions to see how they influenced the stock market or currency exchange rates. This information can help you make more informed predictions about future market movements. However, past performances do not guarantee future results.

Each event in the economic calendar provides detailed information, including the time and date of the event, the title or description of the event, the country affected, and the type of economic indicator. Additionally, it includes the previous value, the forecasted value, and the actual value once it is released. For example, a post about GDP (Annualized) for Q3 in the US would include data on the GDP change from the previous quarter, the forecasted change for the given quarter, the actual value after the data release, and a description of the indicator itself.

An economic calendar helps in risk management by allowing investors and traders to anticipate market volatility and adjust their positions accordingly. For example, if a high-impact event like a central bank interest rate decision is approaching, investors might reduce their exposure to avoid potential losses from sudden market movements. By staying informed about upcoming events, they can implement strategies such as stop-loss orders or hedging to protect their investments.

The economic calendar at XTB is free. You can access it via our website at https://www.xtb.com/cy. We recommend using our mobile app to access the calendar's data in full.