Economic calendar

Economic events
that move markets.

These events regularly move indices, forex pairs, and crypto by significant percentages in a single session. FOMC, NFP, CPI — every release that impacts price action, with expected direction and how AI analysis adapts.

FOMC
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Key events

Upcoming events that move markets.

FOMC Interest Rate Decision

Rate hold, cut, or hike — sets the direction for USD and risk assets for weeks

High

US CPI (Consumer Price Index)

Primary inflation gauge — surprises move equities and forex significantly intraday

High

Non-Farm Payrolls (NFP)

Jobs data shifts Fed rate expectations — markets react within seconds

High

US PPI (Producer Price Index)

Leading indicator for CPI — wholesale inflation signals future retail prices

Medium

Fed Chair Speech

Forward guidance moves markets — hawkish tone pressures risk assets, dovish lifts them

High

JOLTS Job Openings

Labor market slack indicator — weaker data supports risk assets via rate cut bets

Medium

US GDP (Quarterly)

Growth vs recession signal — weak GDP shifts sentiment across all asset classes

Medium

US Retail Sales

Consumer spending proxy — weakness triggers growth concerns across markets

Medium
Deep dive

Key events explained.

FOMC Decision

The Federal Open Market Committee sets US interest rates eight times per year. A rate cut reduces the opportunity cost of holding risk assets and weakens the USD — both powerfully bullish for equities, forex, and crypto. Conversely, a rate hike strengthens the dollar and makes bonds more attractive than risk assets. The statement language and dot plot projections often matter more than the actual rate decision. Traders should watch for phrases like "data dependent," "restrictive for longer," or "prepared to adjust" — these forward-guidance cues move markets more than the headline rate.

Non-Farm Payrolls (NFP)

Released on the first Friday of every month at 8:30 AM ET, NFP is the most-watched employment report in the world. A strong NFP number (above consensus) signals economic strength, supporting the dollar and potentially pressuring risk assets. A weak number raises recession fears and Fed cut expectations, boosting equities and crypto. The initial spike is often followed by a reversal — experienced traders wait 15–30 minutes for the "real" direction to emerge. Also watch the unemployment rate and average hourly earnings components.

US CPI (Inflation)

The Consumer Price Index is the primary inflation measure that drives Fed policy expectations. Hot CPI (above consensus) initially strengthens the dollar and can pressure risk assets, but the market's interpretation depends on context. Cool CPI readings boost risk assets by pricing in earlier rate cuts. The Core CPI (excluding food and energy) is the number that matters most. Month-over-month changes of ±0.1% vs expectations can cause significant moves across all asset classes. The shelter component has been the stickiest element in recent years.

Fed Chair Speeches

Jerome Powell speaks at press conferences after each FOMC meeting and at various economic conferences throughout the year. His word choices are scrutinized intensely: "patient" signals no rush to cut rates (risk-off), while "risks are balanced" can hint at upcoming policy shifts (risk-on). Jackson Hole in August and the semi-annual Congressional testimony are particularly high-impact events. The Q&A portion of press conferences often generates the biggest moves as journalists probe for specifics.

Strategy

How to trade around events.

1. Pre-event: reduce risk or stay flat

If you have open positions, consider reducing your size by 50% or tightening stops before a high-impact event. Spreads often widen 5–10 minutes before major releases, and slippage risk increases dramatically. Many profitable traders simply avoid the first 15 minutes of high-impact releases entirely.

2. Post-event: trade the follow-through, not the spike

The initial 1–5 minute reaction to news is often chaotic — stop hunts, liquidity grabs, and false breakouts are common. Wait for a clear 15-minute or 1-hour candle to close, then trade in the direction of the follow-through. This approach sacrifices some of the move but drastically improves your win rate.

3. Use the deviation from consensus as your edge

Markets price in expectations. Prices don't move on whether CPI is "high" or "low" — they move on whether CPI is higher or lower than expected. Before every release, know the consensus forecast and prepare scenarios: what happens if actual beats by 0.1%? What if it misses by 0.2%? Pre-planned reactions beat emotional ones.

Don't trade blind during events. ChartAIScan's AI analysis identifies key technical levels ahead of major releases.

Calendar FAQ

Which economic events move markets the most? +

FOMC rate decisions produce the largest moves. US CPI and Non-Farm Payrolls are next. Fed Chair speeches, GDP, PPI, and JOLTS also create significant volatility across equities, forex, and crypto.

When is the next FOMC meeting? +

The FOMC meets ~8 times per year. Check the Federal Reserve's official calendar for exact dates. Markets begin pricing expectations days before, so preparation should start early.

Should I close trades before news events? +

Depends on strategy. Swing traders often keep positions with wider stops. Scalpers typically close before high-impact events. A common approach is reducing size by 50% ahead of major releases.

How do I use this calendar for trading? +

Mark high-impact events (FOMC, CPI, NFP). Before each event, understand the consensus. If the actual result deviates significantly, markets will move. Plan entries around events — either trading the breakout or waiting for the reaction to settle.

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