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What is an example of an economic calendar?

Examples of events on an economic calendar include weekly jobless claims, reports of new home starts, scheduled changes in the interest rate or interest rate signaling, regular reports from the Federal Reserve or other central banks, and economic sentiment surveys from specific markets and many others.

How does the economic calendar work?

The economic calendar offers the flexibility to filter news and select specific days. Intraday traders can tailor their view to the current day and categorize news by their impact level (Low, Medium, High, Holiday).

Why is an economic calendar important?

An Economic Calendar is essential for traders because it informs them of major economic events that could impact the market. This is crucial because these events can cause large amounts of market volatility as liquidity evaporates, potentially leading to widened spreads.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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