[1] Market-moving events, which are typically announced or released in a report, have a high probability of impacting the financial markets.
[2] An economic calendar is usually displayed as a chart showing the days, weeks and months of a particular year.
Each day lists several market-moving events in chronological order, giving investors time to research and anticipate the specific release of interest to them.
For example, each quarter the United States releases data on gross domestic product (GDP).
For example, the European Central Bank (ECB) meets every month to discuss monetary policy and determine the appropriate interest rate.
For example, the consumer price index of Greece is unlikely to impact the markets, and some calendars will have it listed as a level one event.
By contrast, consumer price index data from the United States or Eurozone will have the biggest impact on the markets.