Select your time zone to display the Forex Calendar and the expected economic events according to your own time.
Finotec provides you with an Economic Calendar in which you can check upcoming economic events in real time. Find out which indicators are to be released, how they will impact the forex and other financial markets and make you own forex calendar accordingly.
The Economic Calendar provides you with relevant information about major economic releases such as dates, times and market predictions. As such, the Forex Calendar is a determining trading tool used in fundamental analysis of all sorts of financial products including stocks, currency pairs and commodities. For example, when certain economic statistics are released, currency rates realign themselves accordingly.
News Trading
In most financial markets, the release of economic data and statistics tends to trigger short-term movements. The forex market is particularly reactive to economic news from all over the world. Considering the wide range of major and cross currencies available at Finotec, as well as their derivatives, there is always some piece of economic information slated for publication that traders may use to take on a new position. An average of seven indicators and other economic data which have an impact on the majors are released each day, providing many opportunities for those who trade the news. To find out what those data are, browse through the Forex calendar below:
Measures the total value of outstanding consumer installment debt
2008-12-05 13:30:00
Non-Farm Payrolls
USD
Nov
-240.0K
-320.0K
2008-12-05 13:30:00
Unemployment Rate
USD
Nov
6.5%
6.8%
Measures the percentage of the total work force that is unemployed and actively seeking employment. A falling trend has a positive effect on the nation's currency. Working people tend to spend more, and consumer spending is a major driver of the economy. However, unemployment usually draws little attention because traders view it as a lagging indicator.
2008-12-05 13:30:00
Average Hourly Earnings m/m
USD
Oct
0.2%
0.2%
Measures the rate of inflation found in the wages paid to nonfarm jobholders
2008-12-05 12:00:00
Employment Change
CAD
Nov
9.5K
-21.0K
Measures the change in number of employed people during the previous month, excluding the farming industry. A rising trend has a positive effect on the nation\'s currency. Job creation is an important indicator of economic health because consumer spending, which is highly correlated with labor conditions, makes up a large portion of GDP.
2008-12-05 12:00:00
Unemployment Rate
CAD
Nov
6.2%
6.4%
Measures the percentage of the total work force that is unemployed and actively seeking employment. A falling trend has a positive effect on the nation's currency. Working people tend to spend more, and consumer spending is a major driver of the economy. However, unemployment usually draws little attention because traders view it as a lagging indicator.
2008-12-05 11:00:00
Factory Orders m/m
EUR
Oct
-8.0%
0.4%
German
Measures the value of new purchase orders placed with domestic manufacturers for durable and non-durable goods. Factory Orders tend to have a low impact because it reports much of the same information contained in the Durable Goods Orders report released over a week earlier.
2008-12-04 16:15:00
Fed Chairman Bernanke Speaks
USD
Federal Reserve Chairman Ben Bernanke will testify before the House Financial Services Committee regarding the ongoing subprime mortgage problems. As head of the Federal Open Market Committee (FOMC), which is responsible for setting the nation\'s short term interest rate, Ben Bernanke is arguably the most influential figure in the currency markets. Bernanke is known to drop clues during his speeches, as it is the FOMC\'s tenet to keep the public aware of their monetary policy long before interest rates are changes. Heavy market volatility is often experienced during Bernanke\'s speeches as traders attempt to decipher his clues.
2008-12-04 15:00:00
Ivey PMI
CAD
Nov
52.2
50.0
The Ivey Purchasing Manager\'s Index (PMI) measures the activity level of purchasing managers from all sectors of the economy, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation\'s currency. To produce the index, purchasing managers are surveyed on a number of subjects including employment, production, new orders, supplier deliveries, and inventories. Traders watch these surveys closely because purchasing managers, by virtue of their jobs, have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
2008-12-04 15:00:00
Factory Orders m/m
USD
Oct
-2.5%
-4.0%
Measures the value of new purchase orders placed with domestic manufacturers for durable and non-durable goods. Factory Orders tend to have a low impact because it reports much of the same information contained in the Durable Goods Orders report released over a week earlier.
2008-12-04 13:30:00
Building Permits
CAD
Oct
13.4%
-6.8%
Measures the annualized number of new residential building permits issued during the previous month. A rising trend has a positive effect on the nation's currency because obtaining a permit is one of the first steps in the home construction process. Permits therefore act as a leading indicator for the housing market. A high level of housing activity signals that the construction industry is healthy and that consumers have the capital to make large investments. More importantly, new housing activity creates an economic ripple effect as home owners buy goods such as appliances and furniture for their homes, and builders buy raw materials and hire more workers to meet demand.
2008-12-04 13:30:00
Unemployment Claims
USD
Weekly
529K
540K
Measures the number of individuals who filed for unemployment insurance for the first time over the past week. A falling trend has a positive effect on the nation's currency. Working people tend to spend more, and consumer spending is a major driver of the economy. However, unemployment usually draws little attention because traders view it as a lagging indicator.
2008-12-04 13:30:00
ECB Press Conference
EUR
2008-12-04 12:45:00
Interest Rate Statement
EUR
Dec
3.25%
2.75%
Central Bank set the nation's short term interest rate (i.e., "bank rate"). A rising trend in interest rates has a positive effect on the nation's currency. Short term rates are the paramount factor in currency valuation; traders look at most other indicators merely to predict how interest rates may change in the future. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency. The decision on where to set interest rates depends mostly on inflation. The primary objective of the central bank is to achieve price stability; when inflation rises above an annualized rate of approximately 2%, they will respond by raising interest rates in an attempt to bring prices down.
2008-12-04 12:00:00
Interest Rate Statement
GBP
Dec
3.00%
2.00%
Central Bank set the nation's short term interest rate (i.e., "bank rate"). A rising trend in interest rates has a positive effect on the nation's currency. Short term rates are the paramount factor in currency valuation; traders look at most other indicators merely to predict how interest rates may change in the future. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency. The decision on where to set interest rates depends mostly on inflation. The primary objective of the central bank is to achieve price stability; when inflation rises above an annualized rate of approximately 2%, they will respond by raising interest rates in an attempt to bring prices down.
2008-12-04 06:45:00
GDP q/q
CHF
Quarterly
0.4%
0.0%
Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy.
2008-12-04 00:30:00
Building Approvals m/m
AUD
Nov
-7.2%
0.2%
Measures the number of new residential building permits issued.
2008-12-04 00:30:00
Trade Balance
AUD
Nov
1.46B
1.45B
Measures the difference in value between imported and exported goods and services. A positive Trade Balance indicates that more goods and services were exported than imported over a given period. A rising trend has a positive effect on the nation's currency. When higher levels of exports are sold to the world, demand for the nation's currency is elevated as foreigners convert their native currency to purchase the exports. The Trade Balance also has a sizable impact on GDP because high demand for exports creates increased employment and production, as domestic factories work to fill this demand.
2008-12-03 20:00:00
Interest Rate Statement
NZD
6.50%
5.00%
Central Bank set the nation's short term interest rate (i.e., "bank rate"). A rising trend in interest rates has a positive effect on the nation's currency. Short term rates are the paramount factor in currency valuation; traders look at most other indicators merely to predict how interest rates may change in the future. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency. The decision on where to set interest rates depends mostly on inflation. The primary objective of the central bank is to achieve price stability; when inflation rises above an annualized rate of approximately 2%, they will respond by raising interest rates in an attempt to bring prices down.
2008-12-03 15:35:00
Crude Oil Inventories
USD
7.3M
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly increase in barrels of commercial crude oil held in inventory by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation and other economic forces.
2008-12-03 15:00:00
ISM Non-Manufacturing Index
USD
Nov
44.4
42.5
The Institute of Supply Management (ISM) Non-Manufacturing Index measures the activity level of purchasing managers in the services sector, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation\'s currency. To produce the index, purchasing managers are surveyed on a number of subjects including employment, production, new orders, supplier deliveries, and inventories. Traders watch these surveys closely because purchasing managers, by virtue of their jobs, have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
2008-12-03 13:15:00
ADP Non-farm Employment Change
USD
Nov
-157K
-200K
Measures the number of new jobs created in the previous month, excluding the farming industry. ADP, a leading provider of employment solutions for businesses, releases this indicator two days before the official BLS employment report. ADP claims the indicator has predictive value in regard to official statistics.
2008-12-03 10:00:00
Retail Sales m/m
EUR
Oct
-0.2%
-0.4%
Measures the value of sales at the retail level. A rising trend has a positive effect on the nation's currency because Retail Sales make up a large portion of consumer spending, which is a major driver of the economy and has a sizable impact on GDP. Traders pay close attention to Retail Sales because it is usually the first significant indicator of the month that relates to consumer behavior and is susceptible to surprises.
2008-12-03 09:30:00
Services PMI
GBP
Nov
42.4
41.2
The Services Purchasing Manager\'s Index (PMI) measures the activity level of purchasing managers in the manufacturing sector, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation\'s currency. To produce the index, purchasing managers are surveyed on a number of subjects including employment, production, new orders, supplier deliveries, and inventories. Traders watch these surveys closely because purchasing managers, by virtue of their jobs, have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
2008-12-03 00:30:00
GDP q/q
AUD
Quarterly
0.3%
0.2%
Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy.
2008-12-02 16:30:00
Treasury Sec Paulson Speaks
USD
2008-12-02 10:00:00
PPI m/m
EUR
Oct
-0.2%
-0.3%
The Producer Price Index (PPI) measures the rate of inflation (i.e., the rate of price changes) experienced by manufacturers when purchasing goods and services. A rising trend has a positive effect on the nation's currency. When manufactures pay more for goods and services, they are likely to pass the higher costs to the consumer, so PPI is thought to be a leading indicator of consumer inflation. PPI is highly regarded, and at extremes will have a market impact equal to that of its CPI counterpart.
2008-12-02 09:30:00
Construction PMI
GBP
Nov
35.1
33.8
The Chartered Institute of Purchasing and Supply (CIPS) Construction Purchasing Manager\'s Index (PMI) measures the activity level of purchasing managers in the construction sector, with a reading above 50 indicating expansion.
2008-12-02 06:45:00
CPI m/m
CHF
Nov
0.5%
-0.3%
-0.7%
The Consumer Price Index (CPI) measures the rate of inflation (i.e., the rate of price changes) experienced by consumers when purchasing goods and services. A rising trend has a positive effect on the nation's currency. The primary objective of the central bank is to achieve price stability; when inflation rises above an annualized rate of approximately 2%, they will respond by raising interest rates to bring prices down. Higher interest rates attract foreign investment, thus increasing demand for the nation's currency. CPI is one of the most closely watched indicators and will usually have a high impact upon release.
2008-12-02 03:30:00
Interest Rate Statement
AUD
5.25%
4.50%
4.25%
Central Bank set the nation's short term interest rate (i.e., "bank rate"). A rising trend in interest rates has a positive effect on the nation's currency. Short term rates are the paramount factor in currency valuation; traders look at most other indicators merely to predict how interest rates may change in the future. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency. The decision on where to set interest rates depends mostly on inflation. The primary objective of the central bank is to achieve price stability; when inflation rises above an annualized rate of approximately 2%, they will respond by raising interest rates in an attempt to bring prices down.
2008-12-02 00:30:00
Retail Sales m/m
AUD
Nov
0.2%
0.1%
0.2%
Measures the value of sales at the retail level. A rising trend has a positive effect on the nation's currency because Retail Sales make up a large portion of consumer spending, which is a major driver of the economy and has a sizable impact on GDP. Traders pay close attention to Retail Sales because it is usually the first significant indicator of the month that relates to consumer behavior and is susceptible to surprises.
2008-12-02 00:00:00
Interest Rate Statement
JPY
0.30%
0.30%
0.30%
Tentative
Central Bank set the nation's short term interest rate (i.e., "bank rate"). A rising trend in interest rates has a positive effect on the nation's currency. Short term rates are the paramount factor in currency valuation; traders look at most other indicators merely to predict how interest rates may change in the future. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency. The decision on where to set interest rates depends mostly on inflation. The primary objective of the central bank is to achieve price stability; when inflation rises above an annualized rate of approximately 2%, they will respond by raising interest rates in an attempt to bring prices down.
2008-12-01 20:00:00
Treasury Sec Paulson Speaks
USD
2008-12-01 18:45:00
Fed Chairman Bernanke Speaks
USD
Federal Reserve Chairman Ben Bernanke will testify before the House Financial Services Committee regarding the ongoing subprime mortgage problems. As head of the Federal Open Market Committee (FOMC), which is responsible for setting the nation\'s short term interest rate, Ben Bernanke is arguably the most influential figure in the currency markets. Bernanke is known to drop clues during his speeches, as it is the FOMC\'s tenet to keep the public aware of their monetary policy long before interest rates are changes. Heavy market volatility is often experienced during Bernanke\'s speeches as traders attempt to decipher his clues.
2008-12-01 15:00:00
Construction Spending m/m
USD
Oct
-0.3%
-0.9%
-1.2%
Measures the total amount spent by builders on public and private construction projects.
2008-12-01 15:00:00
ISM Manufacturing Prices
USD
Nov
37.0
33.0
36.2
The Institute of Supply Management (ISM) Manufacturing Prices measures the monthly inflation experienced by manufacturing organizations when purchasing materials and services
2008-12-01 13:30:00
GDP
CAD
Sep
-0.3%
0.2%
0.1%
Monthly
Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy. A rising trend has a positive effect on the nation's currency. GDP is the broadest measure of activity and the primary gauge of the economy's health. To foreign investors, a strong economy is viewed favorably because it spurs investment opportunities in the domestic stock and bond markets. More importantly, the central bank is more likely to raise interest rates in the face of a strong and growing economy. The combination of these effects can have a large impact on the demand for the nation's currency.
2008-12-01 09:30:00
Manufacturing PMI
GBP
Nov
40.7
39.8
34.4
The Chartered Institute of Purchasing and Supply (CIPS) Manufacturing Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the manufacturing sector, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation's currency. To produce the index, purchasing managers are surveyed on a number of subjects including employment, production, new orders, supplier deliveries, and inventories. Traders watch these surveys closely because purchasing managers, by virtue of their jobs, have early access to data about their companyӳ performance, which can be a leading indicator of overall economic performance.
2008-12-01 09:30:00
Net Lending to Individuals m/m
GBP
Nov
1.8B
2.2B
1.3B
Measures the total value of outstanding home loans and consumer installment debt, such as credit cards and auto loans
2008-12-01 09:30:00
Mortgage Approvals
GBP
Oct
33K
32K
32K
Measures the number of home loans issued during the previous month. A rising trend has a positive effect on the nation's currency because large purchases tend to be made by consumers that are optimistic and confident in their financial position. Additionally, consumer borrowing has a high degree of historical correlation with consumer spending, which is a major driver of the overall economy.
2008-12-01 09:00:00
Manufacturing PMI
EUR
Nov
41.1
63.2
35.6
Final
The Chartered Institute of Purchasing and Supply (CIPS) Manufacturing Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the manufacturing sector, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation's currency. To produce the index, purchasing managers are surveyed on a number of subjects including employment, production, new orders, supplier deliveries, and inventories. Traders watch these surveys closely because purchasing managers, by virtue of their jobs, have early access to data about their companyӳ performance, which can be a leading indicator of overall economic performance.
2008-12-01 07:00:00
Retail Sales m/m
EUR
Oct
-1.0%
0.5%
-1.6%
German
Measures the value of sales at the retail level. A rising trend has a positive effect on the nation's currency because Retail Sales make up a large portion of consumer spending, which is a major driver of the economy and has a sizable impact on GDP. Traders pay close attention to Retail Sales because it is usually the first significant indicator of the month that relates to consumer behavior and is susceptible to surprises.
Trading in Foreign Exchange, CFDs, Options, Futures and Commodities and engaging in Spread Betting on financial products carries a high degree of risk to your capital and it is possible to lose more than your initial investment. You should only speculate with money that you can afford to lose. These products may not be suitable for all investors, therefore please ensure that you fully understand the risks involved and seek independent advice if necessary. Finotec Trading UK Ltd is authorized and regulated by the Financial Services Authority.