Previous
Your baseline
The value reported in the last release. Everything else is judged relative to it.
Economic Calendar
Track the data releases, central-bank decisions and political events that move markets, and plan your trades around volatility instead of being surprised by it.
Never be caught off guard by the market.
The economic calendar is a real-time schedule of the announcements that drive price action: interest-rate decisions, inflation prints, employment data, GDP and central-bank speeches.
Knowing when they are due, and what the market expects, lets you plan around volatility rather than discover it mid-position. For traders here, the CBN and Bank of Ghana rate decisions and the monthly CPI prints matter as much as anything out of Washington.
Three numbers tell the story.
01
Previous
Your baselineThe value reported in the last release. Everything else is judged relative to it.
02
Forecast
What is already priced inWhat analysts expect this time. The market has usually moved for this figure already, which is why a release that matches forecast often does nothing.
03
Actual
The surpriseThe released figure. The size of the reaction is driven by the gap between actual and forecast, not by whether the number is good or bad on its own.
Live calendar
Economic Calendar
The recurring high-impact events worth having in your diary. Exact dates are published in the platform calendar, which updates in real time.
| Event | Region | Typical frequency | Impact |
|---|---|---|---|
| Interest rate decision | US Federal Reserve | 8× per year | High |
| Non-farm payrolls | United States | Monthly, first Friday | High |
| CPI inflation | United States | Monthly | High |
| Monetary Policy Committee | Central Bank of Nigeria | Bi-monthly | High for NGN |
| Monetary Policy Committee | Bank of Ghana | 6× per year | High for GHS |
| CPI inflation | Nigeria & Ghana | Monthly | High locally |
| ECB rate decision | Eurozone | 8× per year | High |
| Crude oil inventories | United States | Weekly, Wednesday | High for energy |
MetaTrader 5 carries an economic calendar inside the platform, alongside your charts.
How to use it.
01
Plan ahead
Every MondayCheck the week’s high-impact events before the week starts, so nothing surprises you mid-trade.
02
Mind the spread
Liquidity thinsSpreads widen and liquidity thins around major releases. Size down or stand aside, do not assume your usual cost of entry applies.
03
Trade the reaction
Not the spikeLet the initial spike settle, then trade the trend that follows the surprise. The first thirty seconds is where retail accounts get stopped out in both directions.
04
Respect your stops
Never widen themNews candles move fast. Keep stops where they are, widening one to avoid being stopped out is how a small loss becomes an account-ending one.
Market tools
Economic Calendar
Track the data releases, central-bank decisions and political events that move markets, and plan your trades around volatility instead of being surprised by it.
What is it?
Never be caught off guard by the market.
The economic calendar is a real-time schedule of the announcements that drive price action: interest-rate decisions, inflation prints, employment data, GDP and central-bank speeches.
Knowing when they are due, and what the market expects, lets you plan around volatility rather than discover it mid-position. For traders here, the CBN and Bank of Ghana rate decisions and the monthly CPI prints matter as much as anything out of Washington.
How to read it
Three numbers tell the story.
Forecast
What is already priced in
What analysts expect this time. The market has usually moved for this figure already, which is why a release that matches forecast often does nothing.
Actual
The surprise
The released figure. The size of the reaction is driven by the gap between actual and forecast, not by whether the number is good or bad on its own.
Live calendar
Economic Calendar
The recurring high-impact events worth having in your diary. Exact dates are published in the platform calendar, which updates in real time.
| Event | Region | Typical frequency | Impact |
|---|---|---|---|
| Interest rate decision | US Federal Reserve | 8× per year | High |
| Non-farm payrolls | United States | Monthly, first Friday | High |
| CPI inflation | United States | Monthly | High |
| Monetary Policy Committee | Central Bank of Nigeria | Bi-monthly | High for NGN |
| Monetary Policy Committee | Bank of Ghana | 6× per year | High for GHS |
| CPI inflation | Nigeria & Ghana | Monthly | High locally |
| ECB rate decision | Eurozone | 8× per year | High |
| Crude oil inventories | United States | Weekly, Wednesday | High for energy |
MetaTrader 5 carries an economic calendar inside the platform, alongside your charts.
Trade the calendar
How to use it.
Plan ahead
Every Monday
Check the week’s high-impact events before the week starts, so nothing surprises you mid-trade.
Mind the spread
Liquidity thins
Spreads widen and liquidity thins around major releases. Size down or stand aside, do not assume your usual cost of entry applies.
Trade the reaction
Not the spike
Let the initial spike settle, then trade the trend that follows the surprise. The first thirty seconds is where retail accounts get stopped out in both directions.
Respect your stops
Never widen them
News candles move fast. Keep stops where they are, widening one to avoid being stopped out is how a small loss becomes an account-ending one.