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.

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WednesdayImpactActualForecastPreviousDetails
00:30
JPY
Services PMI
med
50.951.7
01:30
AUD
Retail Trade (m/m)
high
0.6%0.3%0.1%
01:30
AUD
Building approvals (m/m)
high
-6.2%-5.0%17.1%
09:00
EUR
Core CPI (y/y)
med
1.0%1.1%1.0%
09:00
EUR
Unemployment Rate
med
8.5%8.5%8.6%
12:15
USD
ADP National Employment Report
high
241.0k210.0k246.0k*
14:00
USD
Factory Orders (m/m)
low
1.2%1.7%-1.3%*
14:00
USD
ISM Non-Manufacturing
high
58.859.059.5

ISM Non-Manufacturing

14:00
USD
ImpactActualForecastPrevious
high
58.859.059.5

Details

Source
Institute for Supply Management
Measures
The Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI) report on Business, a composite index is calculated as an indicator of the overall economic condition for the non-manufacturing sector. The NMI is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries. A reading above 50 percent indicates the non-manufacturing sector economy is generally expanding; below 50 percent indicates the non-manufacturing sector is generally contracting.
Usual Effect
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Next Release
May 3, 2018
Why Traders Care
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.
Also Called
Services PMI, Non-Manufacturing ISM Report On Business
Acro Expanded
The Institute for Supply Management (ISM), Purchasing Managers' Index (PMI)
22:30
AUD
AIG Services PMI
med
56.954.0

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.

Rule number one is, don't sweat the small stuff. Rule number two is, it's all small stuff.Robert Eliot