Economic calendar
The releases that actually move the instruments traded here, with a note on what each one does to spreads. Markets price the forecast in advance — only the surprise moves price.
Scheduled releases
| Date | Time | Region | Event | Impact |
|---|---|---|---|---|
| Thu 10 Sep | 12:30 | US | Initial jobless claims Weekly, and the fastest read on the labour market between payrolls. | High |
| Thu 10 Sep | 14:00 | US | EIA natural gas storage Moves energies far more than it moves anything else. | Medium |
| Fri 11 Sep | 12:30 | US | PPI (producer prices) A leading read on CPI. Surprises here often front-run the inflation print. | High |
| Fri 11 Sep | 14:00 | US | Michigan consumer sentiment Preliminary reading. The inflation-expectations sub-component is the part that moves gold. | Medium |
| Mon 14 Sep | — | — | Asian session, no tier-one data A typical day to avoid breakout systems: ranges are narrow and spreads relatively wider. | Low |
| Tue 15 Sep | 12:30 | US | Retail sales The consumer read. Dollar and gold both react within seconds. | High |
| Wed 16 Sep | 18:00 | US | FOMC rate decision The single largest scheduled event on the calendar for gold. Spreads can multiply tenfold for a minute. | High |
| Wed 16 Sep | 18:30 | US | FOMC press conference Frequently moves price further than the decision itself did. | High |
| Thu 17 Sep | 11:00 | UK | Bank of England rate decision The event for GBPUSD. Ranges of a hundred pips are normal. | High |
| Fri 18 Sep | — | Global | Quadruple witching Index and equity CFD volumes spike into the close. | Medium |
Times are UTC and are indicative; official release times occasionally shift. Your MetaTrader 5 terminal carries a live calendar under View → Toolbox → Calendar, tied to your server clock, and that is the one to trade from.
Three rules that cost nothing
Check it before the session
Two minutes at the start of the day tells you which hours are dangerous. Checking after a spike tells you nothing you can act on.
Assume the spread multiplies
A stop closer than the widened spread will be taken by the spread alone, and that is a legitimate fill. Distance is the only defence.
Flat, smaller, or later
Stand aside, cut size and widen the stop, or wait for the first fifteen minutes to resolve. Unchanged and hopeful is not on the list.
Watch one release on a demo
Nothing explains a widened spread like seeing it happen with nothing at stake.