Economic Calendar

BabyPips.com's Economic Calendar is your trading companion to avoid event risk. Event risk is anything that will move markets, but that you can't see coming. Use our economic calendar to inform yourself of important news events and economic data reports that may shake up the financial markets and impact your trading. Don’t be blindsided.

  • May
    17
    Sun
  • May
    18
    Mon
  • May
    19
    Tue
  • May
    20
    Wed
  • May
    21
    Thu
  • May
    22
    Fri
  • May
    23
    Sat
May
20
WednesdayImpactActualForecastPreviousDetails
00:30
AUD
Westpac-MI Leading Index (m/m)
low
-1.5%-0.73%*
01:00
AUD
Internet Vacancy Index (m/m)
low
-16.4%-13.6%*
01:30
CNY
Chinese 1-Year Loan Prime Rate
high
3.85%3.85%3.85%
01:30
CNY
Chinese 5-Year Loan Prime Rate
high
4.65%4.65%4.65%
06:00
GBP
CPI (m/m)
high
-0.2%0.0%
06:00
GBP
CPI (y/y)
high
0.8%0.9%1.5%
06:00
GBP
PPI Input (m/m)
med
-5.1%-4.3%-3.8%*
06:00
GBP
PPI Input (y/y)
med
-9.8%-8.8%-3.1%*
06:00
GBP
PPI Output (m/m)
low
-0.7%-0.5%-0.2%
06:00
GBP
PPI Output (y/y)
low
-0.7%-0.5%0.3%
12:30
CAD
CPI (m/m)
high
-0.7%-0.6%0.9%

CPI (m/m)

12:30
CAD
ImpactActualForecastPrevious
high
-0.7%-0.6%0.9%

Details

Source
Statistics Canada
Measures
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer
Usual Effect
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
Frequency
Monthly
Next Release
Jun 17, 2020
Why Traders Care
Consumer prices have a significant impact on the country's overall inflation.Price increases give the central bank more reason to raise the interest rates to fight inflation. Higher interest rates makes holding Canadian assets like the their currency more attractive.
Acro Expanded
Consumer Price Index (CPI)
12:30
CAD
CPI (y/y)
high
-0.2%-0.1%-0.6%
12:30
CAD
Wholesale Sales (m/m)
low
-2.2%-4.8%0.3%*
18:00
USD
FOMC minutes from April 29
high
23:50
JPY
Exports (y/y)
med
-21.9%23.1%-11.7%
23:50
JPY
Imports (y/y)
med
-7.2%-13.2%-5.0%
23:50
JPY
Trade Balance (nsa)
med
-930.4560.05.4*
23:50
JPY
Trade Balance
med
-996.3-777.4-380.9*

The Economic Calendar

An economic calendar is a resource that allows traders to learn about upcoming news events.

BabyPips.com's Economic Calendar displays financial market events and announcements from across the world. The events are updated automatically upon the release of new data.

No matter what time frame you trade on, it's important to keep an eye on upcoming calendar events daily since they are likely to impact the financial markets including forex, stocks, bonds and commodities.

Since forex trading is the simultaneous buying of one currency and selling another, you can use the Economic Calendar to compare the economies behind each currency.

Events on the calendar are graded low, medium and high, depending on their likely degree of market impact.

Even if you don't trade the news, you should check the Economic Calendar every day in the morning, before you start trading, and once again, at the end of the day, to make sure you’re aware of any high-impact or major events scheduled for the next day.

High-impact events may cause volatile market conditions. Especially in the forex market.

Know ahead of time of upcoming economic data releases or events that may cause sudden volatility and negatively affect your trading, such as any open positions.

Due to the increased market volatility, it is important to remember that trading around news events can result in significant slippage.

Be sure to manage your risk and avoid overleveraging and overexposure! Don’t make the same trading mistakes that failed traders make.

BabyPips.com aims to offer the most accurate content but due to the vast amount of data and the wide range of sources, we can't be held responsible for any inaccuracies that might occur.

The Economic Calendar may also be subject to change without any previous notice.

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