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
21
ThursdayImpactActualForecastPreviousDetails
All Day
CNY
Chinese Two Sessions - CPPCC and NPC
high
00:30
JPY
Jibun Bank PMI Mfg
med
38.441.9
00:30
JPY
Composite PMI
med
27.425.8
00:30
JPY
Services PMI
med
25.321.5
02:30
AUD
RBA Governor Lowe Panel Participation
high
07:15
EUR
French Composite PMI
low
30.537.011.1
07:15
EUR
French Manufacturing PMI
low
40.325.531.5
07:15
EUR
French Services PMI
low
29.420.410.2
07:15
EUR
German Composite PMI
low
30.533.017.4
07:15
EUR
German Services PMI
med
31.423.016.2

German Services PMI

07:15
EUR
ImpactActualForecastPrevious
med
31.423.016.2

Details

Source
Markit
Measures
The German Services Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the services sector.
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
Next Release
Jun 3, 2020
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.
Acro Expanded
Purchasing Managers' Index (PMI)
07:30
EUR
German Manufacturing PMI
med
36.838.034.5
08:30
GBP
CIPS / Markit Manufacturing PMI
med
40.634.332.6
08:30
GBP
CIPS/Markit Composite PMI
med
28.916.013.8
08:30
GBP
Services PMI
med
27.818.013.4
12:30
USD
Unemployment Claims
med
2,438.0k2,400.0k2,687.0k*
12:30
USD
Philadelphia Fed Survey
med
-43.1-40.0-56.6
13:45
USD
Markit Manufacturing PMI
med
39.837.836.1
13:45
USD
Markit Services PMI
med
36.932.526.7
14:00
USD
CB Leading Index (m/m)
low
-4.4%-5.7%-7.4%*
14:00
USD
Existing Home Sales
med
4.33M4.35M5.27M
19:30
NZD
Finance Minister Post-Budget Speech
med
22:45
NZD
Retail Sales Ex Inflation (q/q)
med
-0.7%-1.5%0.0%*
23:30
JPY
Natl CPI (y/y)
high
0.1%0.2%0.4%

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.

The majority of men meet with failure because of their lack of persistence in creating new plans to take the place of those that failNapoleon Hill