Since stepping into the financial world, you have definitely encountered the terms economic calendar, trading calendar, or market timing. What is an economic calendar anyway? It’s a bit like a secret map of the market movements. Instead of showing International Women’s Day, it's the type of calendar that shows US Non-Farm Payrolls (NFP). That’s why it’s called an economic calendar at the end of the day, which is filled with scheduled announcements and events that can influence financial markets worldwide. With Mishov Markets, you are in the driver’s seat, with the latest economic calendar updates right at your fingertips. So let’s find out more.
What is an Economic Calendar?
An economic calendar is packed with scheduled data releases, including inflation rate, retail sales, employment numbers, interest rate decisions from central banks, etc. These can cause rapid movements in the markets, sometimes in unexpected directions. For traders, staying informed is essential. An economic calendar should cover all key events and announcements, providing a clear, easy-to-navigate schedule that helps traders stay ahead of the curve. With this comprehensive tool, traders can quickly access important data releases, plan their strategies accordingly, and minimize risks. Whether they are tracking global economic indicators or focusing on specific regions, Mishov Markets ensures you are well-equipped to react to the latest news and make informed trading decisions with its latest technology on the Economic calendar.
Mishov Markets Trading Calendar: Your Gateway to Market Moves
Reach our dynamic calendar in just a few steps. In this calendar, you are not just handed dates and times. With this calendar, you will have access to all reports that are updated in real-time with zero latency, you can analyze potential impacts, and make informed decisions. The calendar is available directly on your Mishov Markets account dashboard and for more convenience, traders can follow Mishov Markets Telegram channels and Instagram to get daily updates. You can also customize your own calendar within your account, set alarms and reminders to easily track economic events.
Telegram & Instagram of Mishov Markets post daily updates on the economic world and news.
Fun Fact: Did you know that certain U.S. economic indicators, like the Non-Farm Payrolls (NFP), Consumer Price Index (CPI), and FOMC Meetings, are so influential that markets worldwide brace themselves for the release? In fact, trading volumes can spike within minutes of these announcements, making them a thrill for experienced traders!
How to Read an Economic Calendar?
These calendars compile data from global financial institutions and government establishments, which release economic indicators regularly. The Mishov Markets calendar will help you stay ahead by highlighting key events and categorizing them according to their potential market impact. With this information in hand, traders can better navigate their positions in the market around the events that could move prices in their favor.
On the other hand, reading an economic calendar isn’t difficult and can be straightforward with a little practice. Here is what to look for:
- Date & Time: The time the data will be released in your local timezone.
- Event & Country: What data is going to be reported, and which country is issuing it.
- Impact Level: Data’s impact on the market (high, medium, or low).
- Previous Data: The last recorded value which considered as baseline.
- Forecast: The anticipation of analysts for the upcoming data release.
- Actual Result: The released data and its measurements.
How Often Does the Economic Calendar Update?
The economic calendar is designed to constantly update itself, reflect changes and additions to scheduled events, and ensure traders have the most accurate and timely information. Mishov Markets’ calendar refreshes in real-time, so traders don’t have to worry about manually updating it. This helps them to know that all data, from inflation rates to central bank decisions, is current and reliable, helping them stay ahead of market movements. Whether it's employment numbers, retail sales, or interest rate announcements, Mishov Markets ensures that traders are always informed and prepared. Traders can confidently track key economic events and adjust their trading strategy accordingly.
