NCCS was built to provide an improved customer experience and high quality education service within the financial industry. There are many Call Centers with professional call agents offering great solutions.
NCCS Economic Calendar announces relevant news events that could have an impact on financial markets
NCCS Economic Calendar announces relevant news events that could have an impact on financial markets. We recommend investors to plan their trading around these news events to make informed decisions when trading financial products.
Key Features of Economic Calendar
* Classified announcements according to volatility
* Weekly and daily view of the news
* Simple and user friendly design
* Filter by country or region
* Filter by importance and time
How to Read the Economic Calendar?
News announcements are often followed by strong market moves. It is essential to know how to read the economic calendar to evaluate the impact an announcement may have on a certain segment of the market.
While reading the economic calendar you should consider the following guidelines:
* Bad news will have more influence than good news
* Economists/analysts have to consider the difference from the consensus rather than the numbers
The theory of market efficiency states that; what is planned is already built into the price! So a significant difference between the forecast and the figure provided, i.e. a gap which was not previewed by analysts, will have a strong impact on the market. Similarly, the difference between the value reported and the previous value will impact on investors’ decision.
News announcements are classified according to the volatility they may cause. Prior to the release of an announcement, we’re talking about a phase of stagnation with rather low volatility, followed by a phase of greater or less volatility during the announcement and finally the phase of post announcement, which usually shows high volatility. Some announcements may have stronger influence than others and the price of the instruments involved will be impacted with more volatility; see three bull symbols.