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Economic Events
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Economic Events

ForexSignal.com generates signals based on technical analysis, but other factors, such as economic news and events, are also extremely important. Unexpected happenings can create extreme market reactions and volatility.  With our Economic Calendar,  available through our members-only website, you can view upcoming economic events and review past economic data.

Lite and Enhanced Users: Login to your account to view the Economic Calendar. Login now.
 Mobile Version Users: Upgrade your account to access the Economic Calendar.

Additionally, prior to any of the events mentioned in the Economic Calendar, a pop-up message appears in the members-only website and Enhanced software to remind and warn you of the upcoming event or announcement.  This is to help you trade with caution because the market may become volatile.  For especially important events or announcements, we also generate a message to your mobile phone and email.

The following is a list of economic indicators that observed by traders and analysts and may be mentioned on our Economic Calendar. Analysts project their estimates for results of these economic statistics, and the market's reaction to this news is usually based on these estimates.

  • Unemployment: The unemployment rate is a measure of the strength of the labor market. One of the ways analysts gauge the strength of an economy is by the number of jobs created, and the percentage of workers unable to find jobs. Strong job creation is indicative of economic growth, as companies must increase their
    workforce in order to meet demand.

  • CPI (Consumer Price Index): The CPI is a key gauge of inflation, as it measures the price of a fixed basket of consumer goods. Higher prices are considered negative for an economy, but since central banks often respond to price inflation by raising interest rates, currencies sometimes respond positively to reports of higher inflation.

  • PPI (Producer Price Index): The PPI is another gauge of inflation, but it differs from CPI as it measures inflation at the producer or wholesale level. Note that because food prices are seasonal and energy prices are frequently volatile, many analysts tend to focus on the core rate of inflation, which excludes food and energy prices. The PPI affects various markets in a similar respect to the CPI, because the prices producers receive ultimately affects the prices consumers pay.

  • GDP (Gross Domestic Product): GDP measures the total production and consumption of goods and services, representing the total economic output of a nation. It is calculated by adding expenditures by households, businesses, governments and net foreign purchases.

  • Balance of Trade: The balance of trade measures the difference between the value of goods and services that a nation exports and the value of goods and services that it imports. A trade surplus results if the value of exported goods exceeds that of imported goods, whereas a trade deficit exists if imported goods exceed exported goods.

  • Manufacturing Indices (ISM, PMI): Manufacturing indices measure manufacturing activity, usually in a particular region of the country. Since they are an indication as to whether the economy is expanding or contracting, FX participants place heavy emphasis on these figures.

  • Consumer Confidence (Michigan Index, Consumer Conference Board, etc.): Consumer confidence is a measure of the level of confidence in economic performance. It is calculated via the results of a survey asking participants what they think of the economy relative to both the past and the future. These numbers can be a precursor to the level of future consumer spending.

  • Retail Sales: Retail sales is a measure of the total goods sold by a sampling of retail stores. It is used as a gauge of consumer activity and confidence as higher sales figures would indicate increased economic activity.

  • Industrial Production(IP): Industrial production measures the change in the physical output of factories, mines, gas and electric utilities. A rise in the IP value signals economic growth. Note that unlike sales value, which incorporates both quantity and price, IP solely refers to the physical quantity of items produced.
 

 
 

Legal risk warning:  Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. 

Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.  Past performance posted by Signal and Systems Providers ("Providers"), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.  Currency trading involves high risk and you can lose a lot of money. 

 

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