Everybody knows that economic
calendar plays a crucial role in the Forex market than the rest of financial
But, in my opinion,
The Economic calendar is not just for currency traders but also stock market
investors who have participated in the stock of public listed companies. I know
currency and economy has a direct relation but the economic growth also plays a
major role in the performance of company’s stock.
“Think about it! An economic
calendar has the data related to many major economic events & announcements
like GDP, wholesale price index (WPI), CPI, and many other economic indicators
which used to measure inflation. That means, economy influenced by these major events and announcements, so if
that’s the case then any major or minor movement in the economy will definitely
influence the stock market as well.”
I didn't know so please tell me where you base that on.