Economic Calendar
Disclaimer:The above information is general information, for reference only, not as a basis for trading decisions.
What is Economic Calendar?
An economic calendar is a useful tool for traders to keep track of the economic events of a given country or a group of countries that could affect the global market. An economic event can be a macroeconomic event like the unemployment rates, inflation, economic outputs, economic news releases like the speech of the Fed Chair.Usually, an economic calendar will list the above-mentioned events in chronological order to help the viewer get a clear view of the events that are going to happen.
The importance of the Economic Calendar
For traders, following economic events can give them overview understanding of the macro environment to better aid their trading decisions. With economic calendars, traders can view, track economic events at the same place and observe how the market react prior or after the release of these data.
How to use Mitrade Economic Calendar?
Mitrade's economic calendar aims to make it easy for traders to follow up on essential economic events. Therefore, it allows users to apply filters to time, area, type of calendar, and importance to view the economic events of the markets they care about most. If you are using the Mitrade app, you can add a calendar reminder of an economic event.