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
00:00
NZD
ANZ Commodity Price
med
4.3%1.2%
00:30
AUD
GDP (y/y)
high
1.7%1.7%1.4%
00:30
JPY
Composite PMI
med
49.849.9
00:30
JPY
Services PMI
med
50.350.4
08:15
EUR
French Composite PMI
low
52.152.752.7
08:15
EUR
French Services PMI
low
52.252.952.9
08:30
EUR
German Composite PMI
low
49.449.249.2
08:30
EUR
German Services PMI
med
51.751.351.3
09:00
EUR
Composite PMI
low
50.650.350.3
09:00
EUR
Services PMI
med
51.951.551.5
09:30
GBP
Services PMI
med
49.348.648.6
09:30
GBP
CIPS/Markit Composite PMI
med
49.348.548.5
13:15
USD
ADP National Employment Report
high
67.0k140.0k121.0k*
14:45
USD
Markit Services PMI
med
51.651.651.6
15:00
CAD
BoC Rate Decision
high
1.751.751.75

BoC Rate Decision

15:00
CAD
ImpactActualForecastPrevious
high
1.751.751.75

Details

Source
Bank of Canada
Measures
Interest rate at which major financial institutions borrow and lend overnight funds between themselves;
Usual Effect
Actual > Forecast = Good for currency
Frequency
Scheduled 8 times per year
Next Release
Jan 22, 2020
Why Traders Care
Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future;.
Also Called
Interest Rates, Key Interest Rate
Acro Expanded
Bank of Canada (BOC)
15:00
USD
ISM Non-Manufacturing
high
53.954.554.7
16:30
EUR
ECB's Hernandez de Cos speaks in Florence
med
23:00
NZD
RBNZ Announces Bank Capital Review Decisions
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.

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