Economic Calendar

Know what's about to move the market.

Central bank decisions, employment data, inflation reports — the events below are scheduled well in advance and regularly move prices the moment they're released. Plan around them, don't get caught by them.

Tip: the calendar shows every country by default — use the filter icon in its top-right corner to narrow it down to the currencies you trade.

Low Impact — Rarely moves markets on its own.
Medium Impact — Can move a specific instrument or sector.
High Impact — Can move the broader market within seconds.
Common Reports, Explained

Not sure what a report on the calendar means?

What it measures, and how it usually moves the market — search or filter by category below.

16 reports
Non-Farm Payrolls (NFP) Employment
What it measures

The number of jobs added or lost in the US economy in the previous month, excluding farm work, private households, and a few other categories.

Usual effect

One of the most-watched US releases. A much stronger-than-expected number tends to support the US Dollar; a much weaker one tends to weigh on it — and because it's released monthly on a fixed schedule, it regularly causes a sharp, short-lived spike in volatility right at release time.

Unemployment Rate Employment
What it measures

The percentage of the labor force that is jobless and actively looking for work, usually released alongside Non-Farm Payrolls.

Usual effect

A rising rate is generally read as a sign of a cooling economy and can weigh on the currency; a falling rate usually supports it — though markets often react more to the payrolls number released at the same time.

Average Hourly Earnings Employment
What it measures

The change in the average amount employers pay per hour worked, a key read on wage growth and released alongside Non-Farm Payrolls.

Usual effect

Faster wage growth can point to future inflation, which can support the currency if it raises expectations of higher interest rates — and weigh on it if it raises worries about the central bank tightening too aggressively.

Consumer Price Index (CPI) Inflation
What it measures

The change in prices paid by consumers for a broad basket of goods and services — the standard measure of inflation.

Usual effect

Inflation running hotter than expected often supports a currency, since it raises the odds of the central bank keeping interest rates higher for longer; a cooler-than-expected reading tends to have the opposite effect.

Core CPI Inflation
What it measures

The same basket as CPI, but with volatile food and energy prices stripped out — considered a cleaner read on the underlying inflation trend.

Usual effect

Central banks lean on this figure more than headline CPI when setting policy, so a surprise here can move a currency even when the headline number doesn't.

Producer Price Index (PPI) Inflation
What it measures

The change in prices businesses receive for the goods and services they sell — inflation measured at the wholesale/producer level, before it reaches consumers.

Usual effect

Often treated as an early signal for where consumer inflation (CPI) is heading next month, so it can move a currency a little in advance of the bigger CPI release.

Gross Domestic Product (GDP) Growth & Output
What it measures

The total value of all goods and services produced in the economy over a quarter — the broadest single measure of economic growth.

Usual effect

Growth coming in above expectations generally supports a currency as a sign of economic strength; a contraction or a much weaker reading tends to weigh on it.

Industrial Production Growth & Output
What it measures

The change in output from factories, mines, and utilities — a monthly read on the manufacturing side of the economy.

Usual effect

A steady rise supports the view that the economy is expanding and can lend modest support to the currency; a sustained decline points the other way.

Retail Sales Growth & Output
What it measures

The change in total sales at retail stores — the most direct monthly read on consumer spending, which drives a large share of most economies.

Usual effect

Stronger-than-expected spending is usually taken as a healthy-economy signal and can support the currency; a sharp drop can weigh on it, especially if it breaks a recent trend.

Interest Rate Decision Central Bank
What it measures

The central bank's announcement of where it's setting its benchmark interest rate — raised, held, or cut.

Usual effect

Usually the single biggest scheduled mover for a currency. A rate hike (or a more hawkish tone than expected) tends to support the currency; a cut (or a more dovish tone) tends to weigh on it — and the accompanying statement often moves the market as much as the rate itself.

Central Bank Statement / Press Conference Central Bank
What it measures

The written statement or live press conference that accompanies a rate decision, laying out the central bank's read on the economy and its likely next moves.

Usual effect

Traders often react more to the tone here — described as "hawkish" (leaning toward tighter policy) or "dovish" (leaning looser) — than to the rate decision itself, especially when the decision was already expected.

Purchasing Managers' Index (PMI) Sentiment & Confidence
What it measures

A monthly survey of purchasing managers in the manufacturing or services sector. Above 50 signals expansion; below 50 signals contraction.

Usual effect

Seen as a timely, forward-looking gauge of business conditions — it comes out faster than GDP, so a surprise reading can move the currency ahead of slower official growth data.

ISM Manufacturing / Services Sentiment & Confidence
What it measures

The US equivalent of PMI, published by the Institute for Supply Management — same above/below-50 expansion-contraction reading, watched closely for the US Dollar specifically.

Usual effect

A stronger-than-expected reading tends to support the Dollar as a sign of a resilient US economy; a weaker one tends to weigh on it.

Consumer Confidence / Sentiment Sentiment & Confidence
What it measures

A survey of how optimistic or pessimistic households feel about the economy and their own finances — a leading indicator, since confident consumers tend to spend more.

Usual effect

A rising reading is a mildly positive sign for the currency; a sharp drop can weigh on it, though the effect is usually smaller than for employment or inflation data.

Trade Balance Trade & Housing
What it measures

The difference between what a country exports and what it imports over the month — a surplus means it exported more, a deficit means it imported more.

Usual effect

A widening surplus (or narrowing deficit) is generally supportive for the currency; a widening deficit can weigh on it, though this report usually moves markets less than employment, inflation, or rate decisions.

Building Permits / Housing Starts Trade & Housing
What it measures

Building Permits counts approvals for new construction; Housing Starts counts projects that have actually broken ground — both read on the health of the housing market, a major driver of broader economic activity.

Usual effect

Stronger numbers point to a healthier economy and can lend mild support to the currency; a sharp slowdown, especially in a rate-sensitive housing market, can weigh on it.

Trade around the events that matter.

Open a free account and put the calendar to work.

Open Free Account