Economic Calendar

Economic calendar is a schedule of reports of important economic indicators in different countries. It consists of macroeconomic statistics, the exact time of the Heads of State and central banks, as well as various other financial performance. These figures are very precise characterization of the state of the economy, it enables the trader to make forecasts on the direction of the general trends in financial markets.

It should be emphasized that the economic calendar is a necessary component of the forex fundamental analysis. Only having trained properly interpret the data available, get an objective assessment of the situation on the financial markets. If you like the intraday trading, you just look at the calendar only on the current date. If the planned transaction remains open in several days, in which case you must first meet with the economic calendar for the coming week.