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.
