<p>The <strong>Economic Calendar</strong> is a schedule that lists upcoming releases of macroeconomic data and policy events that can move financial markets. It shows the date, time, country, expected value, and previous reading for each indicator, helping traders anticipate volatility and plan their entries or exits.</p>

<h2>How It Works</h2>
<p>The calendar aggregates announcements from government agencies, central banks, and international organisations. Each entry includes the release time in UTC, the forecast consensus from analysts, and the actual figure once published. Traders filter the list by currency pair, impact level, or event type to focus on relevant data. Many brokers, including <strong>STB Provider</strong>, integrate the Economic Calendar directly into the <strong>MetaTrader 5</strong> platform, allowing users to set price alerts or automated triggers when a release deviates from the forecast.</p>

<h2>Why It Matters for Traders</h2>
<p>Market prices often react sharply to data that beats or misses expectations. Knowing when a high‑impact event such as the <strong>NFP</strong> (Non‑Farm Payrolls) or <strong>CPI</strong> (Consumer Price Index) is due helps traders avoid being caught off‑guard by sudden spreads or slippage. It also enables strategic positioning: a trader might tighten stop‑losses before a release, or enter a trade anticipating a directional move based on the forecast versus the prior reading. Regular consultation of the calendar improves risk management and timing accuracy.</p>

<h2>Example</h2>
<p>Suppose the Economic Calendar shows that the Eurozone <strong>CPI</strong> for March is scheduled for 09:00 UTC. Analysts expect a 0.2 % month‑over‑month increase, while the prior month recorded 0.1 %. A trader watches the EUR/USD pair on <strong>MetaTrader 5</strong> and sees the price at 1.0850. At 09:00 UTC the actual CPI prints at 0.4 %, well above the forecast. The euro strengthens immediately, pushing EUR/USD to 1.0890 within five minutes. The trader, who had placed a buy limit order at 1.0860 before the release, captures the 30‑pip move and exits with a profit.</p>

<h2>Key Takeaways</h2>
<ul>
    <li>The <strong>Economic Calendar</strong> lists date, time, forecast, and actual value for each macroeconomic release.</li>
    <li>High‑impact events such as <strong>NFP</strong>, <strong>CPI</strong>, and central bank rate decisions often cause sharp price movements.</li>
    <li>Integrating the calendar with trading platforms like <strong>MetaTrader 5</strong> enables alerts and automated strategies.</li>
    <li>Regularly checking the calendar improves trade timing, risk control, and the ability to exploit volatility.</li>
</ul>