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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ThursdayImpactActualForecastPreviousDetails
00:00
NZD
RBNZ's Orr News Conference on Bank Capital Review
med
00:30
AUD
Retail Trade (m/m)
med
0.0%0.3%0.2%
00:30
AUD
Trade Balance
med
4,502.0M6,800.0M7,180.0M
01:30
JPY
BoJ's Harada speaks in Oita
med
07:00
EUR
German Factory orders (sa) (m/m)
med
-0.4%0.4%0.3%

German Factory orders (sa) (m/m)

07:00
EUR
ImpactActualForecastPrevious
med
-0.4%0.4%0.3%

Details

Source
Destatis
Measures
German Factory Orders measures the change in the total value of new purchase orders placed with manufacturers for both durable and non-durable goods. It is a leading indicator of production.
Usual Effect
Actual > Forecast = Good for currency
Frequency
Released monthly
Next Release
Jan 8, 2020
Why Traders Care
Rising purchase orders signal that manufacturers will increase activity as they work to fill the orders. 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.
Also Called
Industrial Orders, Manufacturing Orders
10:00
EUR
Retail Sales (y/y)
med
1.4%2.2%3.1%
10:00
EUR
Retail Sales (m/m)
low
-0.6%-0.5%0.1%
10:00
EUR
GDP (SA) (q/q)
med
0.2%0.2%0.2%
10:00
EUR
GDP (SA) (y/y)
med
1.2%1.2%1.2%
12:45
CAD
BoC's Lane gives economic progress report
med
13:30
USD
Unemployment Claims
med
203.0k215.0k213.0k
13:30
CAD
Trade Balance
high
-1.08B-1.45B-1.23B*
13:30
USD
Trade Balance
med
-47.2B-48.9B-51.1B*
15:00
CAD
Ivey PMI
med
60.048.2
15:00
USD
Factory Orders (m/m)
low
0.3%0.1%-0.8%*
15:00
USD
Durable Ex Transportation
med
0.50.60.6
15:00
USD
Durable Goods Orders
med
0.50.60.6
23:30
JPY
Household spending (y/y)
med
-5.1%-3.2%9.5%
23:30
JPY
labor cash earnings (y/y)
med
0.5%0.2%0.5%*

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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