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By Adam Milton, About.com Guide to Day Trading

Economic Calendar with Volatility

Sunday May 4, 2008

There is another holiday this week, but even so, there are several news releases from each region (US, Europe, and Asia). Each region also has a few high volatility news releases, so markets throughout the world should experience some decent price movement this week.

As day traders can trade in both directions (long and short), they do not usually care what the news actually is, only whether the news will cause the markets to experience volatility in one direction or the other. For this reason, day traders will find the volatility expectations more interesting and useful than the actual news release.

The US, European, and Asian news releases for this week are as follows (all times are Greenwich Mean Time, which is 2 hours behind Central European Time, and 4 hours ahead of US Eastern Time) :

US

  • Monday : ISM Non Manufacturing, and TAF Auction at 2:00 PM
  • Tuesday : Central Bank News Conference at 12:30 AM
  • Wednesday : Non Farm Productivity, and Labor Costs at 12:30 PM, Central Bank News Conference at 12:45 PM, Pending Home Sales at 2:00 PM, Oil Inventories at 2:30 PM, Consumer Credit at 7:00 PM, and GDP Estimate at 11:01 PM
  • Thursday : Initial Claims at 12:30 PM, and Wholesale Inventories at 2:00 PM
  • Friday : Trade Balance at 12:30 PM

  • This week's US news releases that should cause high volatility are shown in bold type. There are a few high volatility news releases this week, so the US markets should experience some decent price movement throughout the week.

Europe

  • Monday : EU Investor Confidence at 8:30 AM, and EU Central Bank News Conference at ??:?? ?? (Unknown Time)
  • Tuesday : Switzerland CPI at 5:45 AM, EU PMI Services at 8:00 AM, UK PMI Services at 8:30 AM, EU PPI at 9:00 AM, and UK Consumer Confidence at 11:01 PM
  • Wednesday : France Budget Balance, and Trade Balance at 6:45 AM, UK Industrial Production, and Manufacturing Production at 8:30 AM, EU Retail Sales at 9:00 AM, UK Shop Price Index at 9:30 AM, and Germany Factory Orders at 10:00 AM
  • Thursday : Switzerland Unemployment Rate at 5:45 AM, Germany Trade Balance at 6:00 AM, Germany Industrial Production at 10:00 AM, UK Interest Rates at 11:00 AM, EU Minimum Bid Rate at 11:45 AM, and EU Central Bank News Conference at 12:30 PM
  • Friday : France Industrial Production at 6:45 AM

  • This week's European news releases that should cause high volatility are shown in bold type. Even with the UK holiday on Monday, there are a few high volatility news releases this week, so the EU markets should experience some decent price movement this week.

Asia

  • Monday : Australia Inflation Gauge at 12:30 AM, Australia House Price Index at 1:30 AM, and New Zealand Commodity Price Index at 3:00 AM,
  • Tuesday : Australia Trade Balance at 1:30 AM, Australia Interest Rates at 4:30 AM, and Australia PMI Construction at 11:30 PM
  • Wednesday : New Zealand Unemployment Rate, and Unemployment Change at 10:45 PM
  • Thursday : Australia Unemployment Change, and Unemployment Rate at 1:30 AM
  • Friday : Australia Monetary Policy at 1:30 AM, and Japan Leading Index at 5:00 AM

  • This week's Asian news releases that should cause high volatility are shown in bold type. There are a few high volatility news releases this week, so the Asian markets should experience some decent price movement this week.

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