Economic Calendar World Economic Events

Prior to the release of economic data, analysts try to forecast the results and a consensus estimate is formed. If the data is very important and the reported value is significantly different than estimates, high volatility can ensue. And a forex economic calendar with fast streaming data is key to understand if a price spike might happen. The federal government, large universities, and other organizations regularly publish reports showing the status of a specific measure of economic activity, such as durable good sales, unemployment and retail sales.

Forex Economic Calendar – Real-time Data

  1. Excluding food and energy prices, PCE inflation was at 3.7%, compared with 2% in the previous quarter.
  2. The three-month average payroll gain reached 276,000 in March, the fastest pace in a year.
  3. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
  4. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. Brokers and market makers offer FXStreet’s calendar to their clients as a tool to trade. Big news events can, and often do, cause big swings with a single movement going several percent in one direction. While gold may be thanking China for its recent growth, this sector is currently thanking Elon Musk.As crazy as it sounds, artificial intelligence just got one step closer to ushering in “the next step in human evolution”…

The Reserve Bank of New Zealand: A Trader’s Guide

If prices gap 50 pips for example, it means within that 50-pip range there is no liquidity and you cannot exit a trade or enter a new one for the moment. The Forex market is traded 24/7 and is largely driven by economic news and data. Each and every economic event is labeled with an impact from no-impact to low, medium and high impact as well as the previous, consensus and actual result. Leveraged trading in foreign currency or off-exchange products https://traderoom.info/ on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions.

API Weekly Crude Oil Stock

Our economic calendar showcases relevant events to help you trade these markets too. You can also dig deeper into global financial trends and events with our latest news and analysis articles. Our forex economic calendar is fully customizable, helping you keep track of the exact data you’re interested in. Select specific time zones and currencies of interest and apply filters to refine results and fit your strategy. Employment numbers released late last week pointed to continued economic growth but with a softening trend in the labor market. Payrolls grew by 175,000 jobs in April and the unemployment rate rose slightly, going back to the 3.9% seen in February.

Monthly Economic Review: May 2024

While wage gains are well below their peak in late 2021 and early 2022, they are above historical averages of 2-3% pre-pandemic and higher than what the Fed wants to see. It’s the most complete, accurate and timely economic calendar of the Forex market. We have a dedicated team of economists and journalists who update all the data 24h a day, 5 days a week.

Much of the economic data paints a picture that the overall U.S. economy remains in very good shape. Solid employment growth together with rising wages continue to support household income and spending. The three-month average payroll gain reached 276,000 in March, the fastest pace in a year. Despite the notable increase in payrolls the unemployment rate in March remained nearly the same at 3.8%, compared with 3.9% in February.

While substantial progress has been made on inflation since its peak in 2022, high prices are sticking around longer than expected. The price index for gross domestic purchases (not to be confused with gross domestic product) was up 3.1% year over year in the first quarter, compared with 1.9% in the fourth quarter. The Personal Consumption Expenditures Price Index followed by the Federal Reserve showed year-over-year inflation at 3.4%, compared with 1.8% in the economic calendar feed previous quarter. Excluding food and energy prices, PCE inflation was at 3.7%, compared with 2% in the previous quarter. The U.S. economy lost some spring in its step during the first quarter as the pace of growth declined and the downshift came with an unexpected bout of inflation. But even with signs that the economic expansion is decelerating, the economy remains resilient, boosted by a solid job market and continued spending by consumers and businesses.

A flag icon indicates the country of the data release, and next to it, its currency. So you can quickly scan and see what currencies might be affected today or in some specific days. Gross domestic product grew at an annual rate of only 1.6% in the first quarter, less than half the 3.4% seen in the final quarter of 2023 and the lowest level since 2.1% in the second quarter of last year. Nonetheless, private final sales to domestic purchasers – which exclude inventories and imports and are a good indicator of underlying growth – still rose 3.1% after climbing 3.3% in the fourth quarter.

It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice. Any examples given are provided for illustrative purposes only and no representation is being made that any person will, or is likely to, achieve profits or losses similar to those examples. DailyFX Limited is not responsible for any trading decisions taken by persons not intended to view this material. That was down from 3.3% in the prior quarter but continued to be an important source of growth, adding 1.78 percentage points to GDP. The pace of growth for overall goods spending fell during the first quarter – particularly for motor vehicles, auto parts and fuel – but spending on services like travel, financial services and health care accelerated. Consumers clearly remain willing to spend on both goods and services despite ongoing cost pressures.

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