Home Forex News Economic calendar for 16th November 2020

Economic calendar for 16th November 2020

59
0

The Most Important Economic Events

An economic calendar is a schedule of economic events that will take place over the next day, week, month or quarter. An economic calendar will tell you what time a release will take place. In addition, many Forex media sites and brokers offer an economic calendar that includes an estimate that is generally the average of several analysts who are covering that economic release.

There are several very important economic indicators that are market moving events. For example, the employment report in the world’s largest economy (Non-Farm Payrolls), the United States, will consistently generate volatility. The Consumer Price Index (CPI) that measures inflation in the U.S., Europe, Japan and the rest of the developed country, provides insight into price changes and this can be a driver of interest rates and currency exchange rates. Growth is reflected in an economic release called the GDP (Growth Domestic Product). Monetary policy changes by central banks, including the Federal Reserve, the European Central Bank, the Bank of England and the Bank of Japan, are key events that drive market volatility.

LEAVE A REPLY

Please enter your comment!
Please enter your name here