As a trader, you will come across many factors that you must consider before entering or exiting the markets. Some of the most important aspects to look for are economic events that can move the markets drastically one way or another.
About Key Economic Events
About the Retail Sales Report
What is the Non-Farm Payroll Report?
Understanding U.S. Housing Data
What is the European Central Bank?
The European Central Bank (ECB) is the central bank of the Eurozone, a collective of European countries that use the euro as their sole official currency. The ECB is responsible for administering monetary policy and safeguarding the value of the euro. Given the relative size of the Eurosystem economy, actions undertaken by the ECB garner nearly as much attention from U.S. traders as the actions of the Federal Reserve.
Understanding the FOMC Report
The Federal Reserve, also referred to as the Fed, is the central banking system of the United States and is responsible for guiding U.S. monetary policy. Economic policy announcements and public statements by the Federal Reserve are among the most highly anticipated trading events of the year, since implications for financial markets are so widespread.