Stay Ahead, Copy trade Smarter – Your Ultimate Economic Calendar!
Millance LTD’s Economic Calendar provides real-time insights into key financial events that impact global markets. Analyze historical data, compare market forecasts, and monitor volatility to make informed trading decisions with confidence.
The instruments for successful online Forex trading
An Economic Calendar is a vital tool that provides a schedule of key financial events and news releases that can influence currency exchange rates and global markets.
The Economic Calendar highlights significant political and economic developments that may impact the price movement of various trading instruments. With real-time updates, traders can stay ahead of market shifts and make informed decisions based on upcoming events.
Select your preferred currencies and equities from the dropdown menu to filter relevant events. Once chosen, the calendar will display future economic events, helping traders anticipate potential market fluctuations based on event volume and news impact.
After selecting your instruments, the calendar will list key events along with their impact level. A red indicator under the "Impact" column signals high-impact news that may affect margin requirements. The "Actual" and "Forecast" values help traders assess potential market volatility—significant differences between these values often indicate increased price fluctuations. Typically, volatility rises 15 minutes before an event and stabilizes 15 minutes after the announcement.
The Forex Calculator provides precise calculations for required margin, pip value, profit, and point value for any trading position, ensuring accurate and efficient copy trade management.