The Economic calendar is an efficient tool that contains up-to-date information about upcoming events in the financial industry. The data from the Economic news calendar helps investors to analyze the situation of currency market and make plans based on the information they get.
The Financial calendar from RoboMarkets Investment Bank displays all key events and highlights of the financial industry: new reports provided by companies, prices indices and financial indicators, the latest inflation and unemployment readings, dates and times of speeches and reports delivered by heads of global financial regulators, and other important information, which may be useful for investors when they work on the foreign exchange market.
Investors use the Financial calendar as a tool for fundamental analysis. In this section, you will know how to read the Economic calendar and how to use it in the expanded mode.
How to use the News calendar to improve efficiency of your investment operations:
The Financial calendar allows investors to predict the way exchange rates may alter in the nearest future even before they start investing on currency market. It’s the News calendar that helps investors to provide insight into the overall market situation and see all potential opportunities it has to offer.
Currency market is influenced by a lot of factors and the key one is important economic news. Some investors in particular strive to invest during the periods when news and financial statistics are published, which are very essential for some specific industry development. In case the data from the Economic calendar is read and understood correctly, investors may get additional profit. However, other speculative investors are quite opposite and they prefer to refrain from investing in currency market when the news is published due to the higher market volatility and inability to predict changes of prices on the market during such periods.
Regardless of the approach, investors should follow all breaking news and up-to-date macroeconomic numbers if they want to succeed on the currency market. This is exactly how the RoboMarkets Economic calendar is going to help them, because it contains the latest information about all significant financial events.