Economic calendar shows the main events and news in the financial world expected during the trading session. This is a fundamental data which affects the price and small and large markets.
Each trader starts the day with the analysis of economic calendar because the forex or option market may be subjected by fluctuation which rises from technical or fundamental factors. Personal trading strategy depends on this fluctuation largely and it is necessary to understand which factors should be prioritized.
Economic calendars are important cause because the traders need to stay informed about the speeches of heads of states and central banks and about the outputs of macroeconomic statistics. Even the smallest and insignificant events in the financial world may affect the movement of stocks, currencies and any other assets.Start trading