TradeSchool

Free Trading School · Level 10: Fundamentals and the News

The economic reports that matter

5 min readLesson 3 of 5Beginner

Each week brings economic data releases. A handful move markets far more than the rest. They are published on an economic calendar with the time, the forecast and the previous value.

ReportMeasuresWhy it matters
CPI (inflation)Change in consumer pricesDrives central bank decisions
Employment (US Non-Farm Payrolls, Canada LFS)Jobs created, unemployment rateHealth of the economy; very volatile release
GDPTotal economic outputConfirms growth or recession
Retail salesConsumer spendingConsumers drive most of the economy
PMIBusiness surveys; above 50 = expansionEarly signal of the economic cycle
Central bank decisionsInterest rates and guidanceThe biggest movers of all
Key takeaway

Check the calendar every morning. Know which high-impact releases are scheduled before you place a trade.

Quick answers

What do beginners need to know about the economic reports that matter?

Each week brings economic data releases. A handful move markets far more than the rest. They are published on an economic calendar with the time, the forecast and the previous value.

What is the key takeaway from the lesson on the economic reports that matter?

Check the calendar every morning. Know which high-impact releases are scheduled before you place a trade.

Which report measures inflation?

CPI. The Consumer Price Index tracks changes in consumer prices.

Continue in the interactive school (diagrams, quiz, progress) →

Next lesson: Company earnings and fundamentals