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There are plenty of economic announcements that can shake up the markets. For instance, take

“The Federal Open Market Committee’s (FOMC) interest rate announcements have always been among the biggest market-moving events, but its announcement in mid-March 2020 was of unusual interest, not least because it was issued on a Sunday.

In an effort to ease the economic effects of the 2020 crisis, the Fed cut its main lending rate by 1%. It was the second cut of the month. It also announced plans to buy $700 billion in government securities. The next day, the Dow Jones Industrial Average dropped 3,000 points in its worst day since the 1987 crash.” -Investopedia

Want to keep up with all the latest economic news? Subscribe to our daily newsletter or check out the Economic Calendar page. We label events by their impact—high, medium, or low—so you can easily see what's making waves. Here are some economic events to keep an eye on:

1. Federal Reserve Announcements: This includes decisions on interest rates, as well as comments or guidance about future monetary policy. The Federal Open Market Committee (FOMC) meetings are especially significant.
2. Non-Farm Payrolls (NFP) Report: Released monthly by the U.S. Bureau of Labor Statistics, this report provides data on job creation, unemployment rates, and wages, which can influence market sentiment and economic forecasts.
3. Consumer Price Index (CPI): This measures inflation by tracking changes in the price level of a basket of consumer goods and services. It affects interest rate expectations and overall economic conditions.
4. Gross Domestic Product (GDP) Report: This provides a comprehensive overview of the economic performance of a country. Strong or weak GDP growth can lead to market volatility.
5. Interest Rate Decisions by Other Central Banks: Decisions from other central banks, like the European Central Bank (ECB) or the Bank of England (BoE), also impact global markets.
6. Manufacturing Purchasing Managers' Index (PMI): This index gauges the economic health of the manufacturing sector and is an early indicator of economic activity.
7. Retail Sales Data: This measures consumer spending and can indicate overall economic health and consumer confidence.
8. Housing Market Data: Reports on home sales, housing starts, and building permits can provide insight into the health of the real estate market and broader economy.
9. Trade Balance: The difference between a country's exports and imports can affect currency value and overall economic sentiment.
10. Central Bank Speeches and Testimonies: Remarks from central bank officials, such as the Fed Chair, can provide insights into future monetary policy and influence market movements.