The beginner's guide to FX trading
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 6 | Monday | Impact | Actual | Forecast | Previous | Details | |
All Day | GBP | Bank Holiday | med | ||||
09:30 | AUD | ANZ Job Ads (m/m) | med | -0.1% | -1.7% | ||
10:00 | NZD | Treasury Publishes Monthly Economic Indicators | med | ||||
15:50 | EUR | French Composite PMI | low | 50.1 | 50.0 | 50.0 | |
15:50 | EUR | French Services PMI | low | 50.5 | 50.5 | 50.5 | |
15:55 | EUR | German Composite PMI | low | 52.2 | 52.1 | 52.1 | |
15:55 | EUR | German Services PMI | med | 55.7 | 55.6 | 55.6 | |
16:00 | EUR | Composite PMI | low | 51.5 | 51.3 | 51.3 | |
16:00 | EUR | Services PMI | med | 52.8 | 52.5 | 52.5 | |
16:30 | EUR | Sentix Investor Confidence | med | 5.3 | 1.2 | -0.3 | |
17:00 | EUR | Retail Sales (m/m) | low | 0.0% | -0.1% | 0.5%* | |
17:00 | EUR | Retail Sales (y/y) | med | 1.9% | 1.8% | 3.0%* | |
21:30 | USD | Fed's Harker speaks in Philadelphia | med |
May 7 | Tuesday | Impact | Actual | Forecast | Previous | Details | |
All Day | CNY | Chinese Foreign Reserves | low | 3.0B | 3,100.0B | 3.0B | |
01:45 | CAD | Bank of Canada's Poloz speaks in Winnipeg | med | ||||
06:30 | AUD | AIG Construction PMI | med | 42.6 | 45.6 | ||
08:30 | JPY | Nikkei PMI Mfg | med | 50.2 | 49.5 | ||
09:30 | AUD | Retail Sales Ex Inflation (q/q) | med | -0.1% | 0.3% | 0.0%* | |
09:30 | AUD | Trade Balance | med | 4,949.0M | 4,480.0M | 5,140.0M* | |
09:30 | AUD | Retail Trade (m/m) | med | 0.3% | 0.2% | 0.9%* | |
12:30 | AUD | RBA - Overnight Rate | high | 1.5% | 1.25% | 1.5% | |
14:00 | EUR | German Factory orders (sa) (m/m) | med | 0.6% | 1.4% | -4.0%* | |
14:45 | EUR | French Current Account | low | -1.3B | -0.8B | ||
14:45 | EUR | French Trade Balance | low | -5,324.0B | -4.5B | -4.0B* | |
15:00 | CHF | Foreign Currency Reserves | med | 771.6B | 756.3B* | ||
16:00 | GBP | BoE's Cunliffe Speaks in London | med | ||||
19:00 | USD | Fed's Kaplan speaks | med | ||||
22:00 | CAD | Ivey PMI | med | 55.9 | 54.3 |
May 8 | Wednesday | Impact | Actual | Forecast | Previous | Details | |
00:30 | GBP | BoE's Haldane speaks in Sheffield | med | ||||
03:00 | USD | Consumer Credit | low | 10.28B | 16.5B | 15.45B* | |
07:00 | CNY | Chinese Exports (y/y) | high | -2.7% | 3.0% | 14.2% | |
07:00 | CNY | Chinese Imports (y/y) | high | 4.0% | -2.1% | -4.8%* | |
07:00 | CNY | Chinese Trade Balance | med | 13.84B | 34.8B | 32.67B* | |
07:50 | JPY | BoJ march policy meeting minutes | med | ||||
08:30 | JPY | Composite PMI | med | 50.8 | 50.4 | ||
08:30 | JPY | Services PMI | med | 51.8 | 52.0 | ||
10:00 | NZD | RBNZ Cash Rate Target | high | 1.5% | 1.5% | 1.75% | |
10:00 | NZD | RBNZ OCR decision | med | ||||
13:45 | CHF | Unemployment (sa) | low | 2.4% | 2.4% | 2.4% | |
14:00 | EUR | German Industrial Production (m/m) | med | 0.5% | -0.5% | 0.4%* | |
14:00 | EUR | German Industrial Production (y/y) | med | -0.9% | -2.6% | 0.2%* | |
15:30 | GBP | Halifax House Price Index (3m y/y) | low | 5.0% | 4.5% | 2.6%* | |
15:30 | GBP | Halifax House Price Index (m/m) | low | 1.1% | 0.1% | -1.6%* | |
16:15 | GBP | BoE's Ramsden speaks in London | med | ||||
19:30 | EUR | ECB's Draghi speaks in Frankfurt | med | ||||
20:15 | CAD | Housing Starts | low | 235.5k | 195.5k | 192.5k |
May 9 | Thursday | Impact | Actual | Forecast | Previous | Details | |
07:01 | GBP | RICS Housing Survey | med | -23.0% | -22.0% | -24.0% | |
09:30 | CNY | Chinese CPI (y/y) | med | 2.5% | 2.5% | 2.3% | |
09:30 | CNY | Chinese PPI (y/y) | med | 0.9% | 0.6% | 0.4% | |
13:00 | JPY | Consumer Confidence | low | 40.4 | 40.3 | 40.5 | |
15:00 | EUR | ECB's Hakkarainen speaks in Basel | med | ||||
20:30 | USD | Unemployment Claims | med | 228.0k | 220.0k | 230.0k | |
20:30 | CAD | House Price Index (m/m) | low | 0.0% | 0.0% | 0.0% | |
20:30 | USD | PPI (m/m) | high | 0.2% | 0.3% | 0.6% | |
20:30 | USD | Core PPI (m/m) | med | 0.1% | 0.2% | 0.3% | |
20:30 | USD | Trade Balance | med | -50.0B | -50.1B | -49.3B* | |
20:30 | USD | Fed's Powell speaks in Washington | med | ||||
21:45 | USD | Fed's Bostic speaks | med | ||||
22:00 | USD | Wholesale Inventories (m/m) | low | -0.1% | 0.0% | 0.0% |
May 11 | Saturday | Impact | Actual | Forecast | Previous | Details | |
02:00 | USD | Federal Budget Balance | low | 160.3B | 160.5B | -146.9B |
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.
There are two kinds of failures: Those who thought and never did, and those who did and never thought.Laurence Peter