CM Trading's Economic Calendar comprises routine finance events which can effect on the financial markets. Whether you are experiencing traders or not, skilled traders following these events and plan their trades based on it.
Importance of Economic Calendar
News announcements are always followed by movements in the financial market. It is important to know how to read the economic calendar to access and evaluate the impact announcements may have on an individual sector of the market. CM Trading economic calendar is usually displayed as a chart showing the days, weeks and months of a particular year. Each day lists several market-moving events in chronological order, giving investors time to research and anticipate the specific release of interest to them.
Monitor market volatilities, monetary policy announcements and economic indicators as they come at CM Trading Economic Calendar.
The following three guidelines are important while taking into consideration our announcements:
- Bad news or good news, they both have an impact on the economy.
- Different announcements can cause different magnitude of volatility - some announcements exhibit stronger influence than others.
- Most announcements may only affect a particular sector/region.
For the equities, there is the classical economic news that influence price action at the macro level but one can also look when internal news of a specific company is released, that is, when earnings are released and when relevant information, as well as press conferences, is scheduled. This should prove to be important for trading in general and for setting the expiration date of an option/futures as well. For the oil market, the same economic calendar is providing information related to the levels of oil inventories, and it is well known the inverse relationship between inventories and production levels.