10 Major Economic Reports

Introduction:

There is a lot of economic data released each week but there are some reports that hold special significance – these are reports that traders really get up for. The data released in these reports often shapes the entire trading session.

The state of the current economic cycle also has an impact on how anticipated each of these reports are. For example, during boom times, most eyes will be on inflation and the consumer price index as people watch for signs that the economy is overheating and during tough times, the employment numbers (i.e. non-farm payrolls) are center stage as economists look for a rebound in job losses.

Either way, if you follow the markets passively or actively, make sure these blockbuster economic reports are always on your radar lest you run the risk of getting blindsided by market sentiment.