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By Adam Milton, About.com Guide to Day Trading

Economic Calendar

Saturday August 4, 2007

This week's economic calendar has at least three news releases from each region. The US, European, and Asian news releases for this week are as follows (all times are Greenwich Mean Time) :

US

  • Tuesday : Productivity at 12:30 PM, FOMC Policy at 6:00 PM, Interest Rates at 6:15 PM, and Consumer Credit at 7:00 PM
  • Wednesday : Wholesale Inventories at 2:00 PM
  • Thursday : Initial Claims at 12:30 PM
  • Friday : Retail Sales and Import Price Index at 12:30 PM, and Business Inventories at 2:00 PM

Europe

  • Monday : UK Industrial Production at 8:30 AM, and Germany Factory Orders at 10:00 AM
  • Tuesday : Germany Industrial Production at 10:00 AM
  • Thursday : UK Trade Balance at 8:30 AM

Asia

  • Monday : Japan Leading Economic Index at 5:00 AM
  • Friday : Japan Industrial Production at 4:30 AM, and Japan Consumer Confidence at 5:00 AM

Day traders do not usually trade because of news releases, but they need to know when the news is going to be released, because many markets react to news releases in undesirable ways (such as very quick, large moves, in both directions). If you would like to know more about fundamentals compared to technical analysis, further information is available in the Fundamental or Technical Analysis article.

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