"Economic Calendar" is an indicator that can be found as a menu in many internet-based economic and financial news sites today. For example, on investing.com, you can open the economic calendar page free of charge and see the date and time of the announcement of the data, the previous statement data and the expectation data about the economic and financial data of all countries on a global scale. For example, important countries such as the USA and the European Union; It is very important to act harmoniously by looking at market expectations long before the release of data such as non-agricultural employment data, inflation data, employment data, industrial index data, etc. that directly affect all countries, the economy and financial markets on a global scale. Before the announcement of these important economic data, it will be useful to see the date and time of the announcement from the economic calendar section and to know the announcement date in advance. Because, within the minute when these important economic data are announced, there may be sudden sharp movements in the financial markets of developed or developing countries.
“In financial markets, expectations are bought; these expectations are sold just before the expectation is realized.” In addition, professional traders can make instant profits from the sharp market movements, which are at the moment of the announcement of an important economic data in the economic calendar.
In the economic calendar section; It is within the scope of fundamental analysis to evaluate market expectations and predict the data to be announced by looking at 'economic data to be announced', 'market expectations' and 'previously announced data'. Using the filtering feature in the economic calendar section, filtering to show only the G20 countries, especially the USA, European Union, prevents too much data confusion.
0 Comments