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High and medium importance

The week ahead

Calendar by TradingView. Forecasts are market consensus; releases can move or be revised. For orientation only — not investment advice.

What to watch

The releases that move markets

  • Rate decisions

    The Federal Reserve, the ECB, the Bank of England and the Bank of Japan. The decision, the statement and the press conference can move every market at once.

  • Inflation (CPI)

    Inflation drives rate expectations, and rate expectations drive currencies, indices and gold. The surprise against the forecast is what moves price.

  • Jobs (NFP)

    The US employment report, usually on the first Friday of the month at 08:30 New York time. One of the most volatile half-hours of the month.

  • PMI

    Business surveys at the start of each month: above 50 means expansion, below 50 contraction. Early signals of the economy’s direction.

  • GDP and retail sales

    Growth and consumer spending. Big surprises reprice indices and the currency of the country that publishes them.

  • Inventories and the rest

    Weekly oil inventories, jobless claims and housing data — smaller, but able to move a single market sharply.

How a price-action trader uses the calendar

  1. Check it once, in the morning review, and note the two or three releases that matter for your assets.
  2. Decide before the release whether you want to be in a trade during it — many traders simply stay out.
  3. The first candle after a big release is a classic place for a false break: wait for the close.

Members get a daily brief of today’s releases →