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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FridayImpactActualForecastPreviousDetails
07:00
EUR
German Industrial Production (m/m)
med
-1.7%0.1%-0.6%
07:00
EUR
German Industrial Production (y/y)
med
-5.3%-3.6%-4.5%*
07:45
EUR
French Current Account
low
-2.4B-2.9B*
07:45
EUR
French Trade Balance
low
-4.73B-5.0B-5.42B*
08:00
CHF
Foreign Currency Reserves
med
782.9B779.5B*
13:30
USD
Average Hourly Earnings (m/m)
high
0.2%0.3%0.4%*
13:30
CAD
Employment
high
-71.210.0-1.8
13:30
USD
Nonfarm Payrolls
high
266.0k190.0k156.0k*
13:30
USD
Private Payrolls
high
254.0k180.0k163.0k*
13:30
USD
Unemployment Rate
high
3.5%3.6%3.6%
13:30
CAD
Unemployment
high
5.9%5.5%5.5%
15:00
USD
Wholesale Inventories (m/m)
low
0.1%0.2%0.2%
15:00
USD
UoM Consumer Sentiment Index
high
99.297.096.8

UoM Consumer Sentiment Index

15:00
USD
ImpactActualForecastPrevious
high
99.297.096.8

Details

Source
University of Michigan
Measures
The University of Michigan Consumer Sentiment Index rates the relative level of current and future economic conditions. There are two versions of this data released two weeks apart, preliminary and revised. The preliminary data tends to have a greater impact. The reading is compiled from a survey of around 500 consumers.
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.
Frequency
Monthly
Next Release
Dec 20, 2019
Why Traders Care
Consumer optimism is directly related to consumer spending, which makes up a large part of a country's economic activity.
Acro Expanded
University of Michigan (UoM)
20:00
USD
Consumer Credit
low
18.91B16.0B9.58B*

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.

I didn't get to where I am by thinking about it or dreaming about it. I got there by doing it.Estee Lauder