BoE and ECB set to hold rates steady after February meeting
The BoE is expected to keep its policy rate at 3.75%. The ECB is widely anticipated to keep interest rates on hold too. Our experts will analyze the market reaction to the event today at 11:30 GMT.
The real-time Economic Calendar covers financial events and indicators from all over the world. It's automatically updated when new data is released. The Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXStreet commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXStreet cannot be held responsible for the eventual inaccuracies that might occur. The Real-time Economic Calendar may also be subject to change without any previous notice.
The US economic calendar is the most important one since the country is the world’s largest economy. The most important indicators mainly impact the price of the US Dollar (USD), but they also affect other markets and currencies.
The organizations that publish the most meaningful indicators – the ones that carry the greatest impact in the markets – are the US Bureau of Labor Statistics (BLS), the US Bureau of Economic Analysis (BEA), the US Census Bureau and the Energy Information Administration (EIA). Of special interest are the Federal Reserve (Fed) interest-rate decisions.
Canada is one of the world's strongest economies, mainly due to its natural resources, technology, and industrial sectors. It is also a part of international trade agreements, such as the United States-Mexico-Canada Agreement (USMCA) or the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Among the events with the greatest impact are announcements from the Bank of Canada (BoC), which is currently chaired by Tiff Macklem. Some of the most relevant indicators of Canada's Economic Calendar include:
The United Kingdom is the sixth-largest global economy, and its monetary policy is implemented by the Bank of England (BoE). whose Governor is Andrew Bailey. Its capital, London, is the second-largest financial center in the world, only behind New York.
The performance of the UK economy can impact many markets as well as currencies beyond the Pound Sterling (GBP). Some of the most relevant indicators of the United Kingdom Economic Calendar include:
Australia's economy is one of the strongest in the world. The Land Down Under is rich in commodities and mainly sends its resources to China and other Asian countries.
The Reserve Bank of Australia (RBA) is responsible for implementing monetary policy, and its decisions are a key driver for the Australian Dollar (AUD). The current Governor of the RBA is Michele Bullock. Some of the most relevant indicators of the Australian Economic Calendar include:
FXStreet's real-time Economic Calendar covers economic events and indicators from all over the world with:
FXStreet Economic Calendar is the most complete, accurate and timely tool in the Forex market. There is a dedicated team of economists and journalists who update all the data 24 hours a day, five days a week.
Many brokers and market makers offer FXStreet’s calendar to their clients as a tool to trade. This is proof that it’s a trusted, respected, and widely used tool.
To trade Forex through fundamental analysis, you have to check how economies over the world are doing based on their macroeconomics data (such as GDP, employment, consumption data, inflation…), watching closely the countries of the currencies you are trading the most.
Our economic calendar is your companion, a tab that is always opened on your computer.
All data are displayed in chronological order, divided by day. Released data are marked with a tick (✓) under the "time left" column. A light grey horizontal line shows you where we stand at the moment and below that line go all upcoming data. Time left before next release is indicated so you quickly grasp when this is coming. When a new data is released, the calendar page is automatically refreshed so you do not miss it. If you want, you can enable a sound notification for all releases.
A flag icon indicates the country of the data release, and next to it, its currency. So you can quickly scan and see what currencies might be affected today or in some specific days.
Abbreviated as "Vol." in the economic calendar and represented with yellow/orange/red bars, volatility is an indicator of the expected impact of the data on currencies. If a bar is red and long, market watchers expect this data to have a high probability of moving the Forex market. If this bar is yellow and short, the probability is considered low. In orange, we are in the middle.
For all economic calendar indicators, there is:
You might want to focus on some type of data and ignore the rest: less noise means more efficiency. Click on the filter button at the top of the economic calendar. You can type a keyword or select countries, dates range, event categories or impact levels. Then hit the "Apply" button. If you always need to see the same data when you come to our calendar, you can save your settings for the next visit! We said efficiency, right?
Apart from the data itself, FXStreet provides additional information. To get a full picture, click on the row of the event to open a dropdown box with more related content:
Big news events can – and often do – cause big swings with a single movement going several percent in one direction.
To know the events and releases better and learn different aspects that can influence or improve your trading, we collected some of the best educational articles, reports and videos about news trading.
A score of 0.0-3.9 is dovish, 4.0-6.0 is neutral and 6.1-10 is hawkish.
Financial markets are highly sensitive to expected changes in interest rates by the Federal Reserve (Fed). When decision-makers at the Fed signal the path of interest is lower, their speech is dovish. Indications of higher interest rates are hawkish.
Sometimes, central bankers are scheduled to make public appearances but they do not talk about monetary policy, failing to make any impact on markets. When this happens, the result of the speech in our Economic Calendar will be N/A.
Markets are always adjusting to the Federal Open Market Committee (FOMC) future interest rate projections. There are 17 FOMC board members, but only 12 of them actually vote on the FOMC meetings, held eight times a year.
We have developed a custom AI model that analyzes all the relevant speeches by the FOMC members and rates them on a dove-hawk scale. This allows us to provide traders with real-time notifications on how each word of Fedspeak impacts the US Dollar.