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
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  • May
    21
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  • May
    22
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  • May
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May
22
FridayImpactActualForecastPreviousDetails
05:30
JPY
Tokyo Department Store (y/y)
med
-76.1%-34.6%
06:00
GBP
Core Retail Sales (m/m)
high
-15.2%-12.3%-3.7%
06:00
GBP
Core Retail Sales (y/y)
high
-18.4%-17.6%-4.1%
06:00
GBP
Retail Sales (y/y)
high
-22.6%-13.0%-5.1%

Retail Sales (y/y)

06:00
GBP
ImpactActualForecastPrevious
high
-22.6%-13.0%-5.1%

Details

Source
Office for National Statistics
Measures
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. The Core number excludes Auto sales and Fuel, which tend to be very volatile.
Usual Effect
A higher than expected reading should be taken as positive/bullish for the GBP while a lower than expected reading should be taken as negative/bearish for the GBP.
Frequency
Monthly
Next Release
Jun 19, 2020
Why Traders Care
Changes in Retail Sales are widely followed as an indicator of consumer spending, which accounts for the majority of overall economic activity
Also Called
Sales Volume, All Retailers Sales
06:00
GBP
Retail Sales (m/m)
high
-18.1%-13.0%-5.1%
08:30
GBP
GBP Public Sector Net Borrowing
med
62.1B20.7B2.3B
08:30
GBP
Public Finances (PSNCR)
med
89.5B7.2B
12:30
CAD
Retail Sales (m/m)
high
-10.0%-10.5%0.4%*
12:30
CAD
Core Retail Sales (m/m)
high
-0.4%-4.8%0.1%*
14:30
EUR
ECB Chief Economist Lane Speaks at Virtual Conference
med

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.

If we don't change, we don't grow. If we don't grow, we aren't really living.Gail Sheehy