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.

  • Jun
    28
    Sun
  • Jun
    29
    Mon
  • Jun
    30
    Tue
  • Jul
    1
    Wed
  • Jul
    2
    Thu
  • Jul
    3
    Fri
  • Jul
    4
    Sat
Jul
3
FridayImpactActualForecastPreviousDetails
All Day
USD
Independence Day (substitute day)
low
00:30
JPY
Jibun Bank Services PMI Final
med
45.042.326.5
00:30
JPY
Jibun Bank Composite PMI Final
low
40.837.927.8
01:30
AUD
Retail Sales MoM
med
16.9%16.3%-17.7%
01:45
CNY
Chinese Caixin Composite PMI
low
55.752.954.5
01:45
CNY
Chinese Caixin Services PMI
med
58.453.655.0
06:45
EUR
French Budget Balance
low
-117.9B-107.0B-92.1B
07:50
EUR
French Markit Services PMI Final
low
50.750.331.1
07:50
EUR
French Markit Composite PMI Final
low
51.751.332.1
07:55
EUR
German Markit Services PMI Final
med
47.345.832.6
07:55
EUR
German Markit Composite PMI Final
low
47.045.832.3
08:00
EUR
Markit Services PMI Final
med
48.347.330.5

Markit Services PMI Final

08:00
EUR
ImpactActualForecastPrevious
med
48.347.330.5

Details

Source
Markit
Measures
The Eurozone Services Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the services sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction.
Usual Effect
A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Frequency
Monthly
Why Traders Care
Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. It is worth noting that the European service sector does not influence, either positively or negatively, the GDP as much as the PMI manufacturing does.
Acro Expanded
Purchasing Managers' Index (PMI)
08:00
EUR
Markit Composite PMI Final
low
48.547.531.9
08:30
GBP
Services PMI
med
47.147.029.0
08:30
GBP
Markit/CIPS Composite PMI Final
low
47.747.630.0

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.

Patience, persistence and perspiration make an unbeatable combination for success.Brian Tracy