The economic timetable must imperatively be consulted at the start of each trading day. The financial markets follow the rhythm of the publication of economic statistics (GDP, unemployment, consumption, etc.) which may have a significant impact on the rates. At the time of publication of certain statistics, there may be variations of more than 1% in a few minutes, or even seconds, which represents hundreds of pips. This strong volatility is accompanied by a significant increase in the spread.
It is for that reason that it is important to know the time of publication of significant statistics; a stop which is too tight is often fatal at those times.
We supply the most complete timetable possible, indicating the estimated level of impact on rates and mentioning the currency concerned.
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Risk warning: Contracts for Difference ("CFDs") are leveraged products and carry a significant risk of loss to your capital, as prices may move rapidly against you and you may be required to make further payments to keep any trades open. 74%-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.