Economic Events Affecting the Euro

5 most Important Economic Events Affecting the Euro

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Economic Events Affecting the Euro

The five most important forex economic events affecting the Euro.

1. IFO Survey

  • What does it mean? A gauge of German business confidence, based on executives’ inputs.
  • Release schedule: Every month.
  • Importance: Moderate to high impact expected in the forex market.

2. Retail Sales

  • What does it mean? A measure of sales of many forms of retail outputs, which is important for estimating private consumption.
  • Release schedule: Every month.
  • Importance: Moderate to high impact expected in the forex market.

3. Consumer Price Index (CPI)

  • What does it mean? A measure of the change in prices for a fixed basket of goods & services for a typical consumer.
  • Release schedule: Every month.
  • Importance: High impact expected in the forex market.

4. Gross Domestic Product (GDP)

  • What does it mean? Value of all final goods & services produced in the Euro Zone.
  • Release schedule: Every month.
  • Importance: Moderate impact expected in the forex market.

5. EZ Unemployment

  • What does it mean? Percentage of the work force that is unemployed in the Euro area.
  • Release schedule: Every month.
  • Importance: Moderate impact expected in the forex market.