Economic News by Trading Session
Asian Session (12:00 AM - 9:00 AM EAT)
⚠️ Challenging timing for Kenyan traders - requires overnight monitoring or automation
| Country | Key Events | Typical Time (EAT) | Impact |
|---|---|---|---|
| Japan | GDP, CPI, BOJ Rate Decision | 3:30 AM - 6:00 AM | High |
| Australia | RBA Rate, Employment, CPI | 1:30 AM - 4:30 AM | Medium |
| China | GDP, PMI, Trade Balance | 5:00 AM - 7:00 AM | Medium |
European Session (10:00 AM - 7:00 PM EAT)
✅ Perfect timing for Kenyan traders - all major events during business hours
| Country | Key Events | Typical Time (EAT) | Impact |
|---|---|---|---|
| UK | BOE Rate, GDP, CPI, Employment | 11:30 AM - 2:00 PM | Very High |
| Eurozone | ECB Rate, GDP, CPI, PMI | 12:00 PM - 4:45 PM | Very High |
| Germany | GDP, CPI, IFO, ZEW | 11:00 AM - 1:00 PM | High |
New York Session (3:00 PM - 12:00 AM EAT)
⚡ High-impact US news during afternoon/evening hours - manageable for Kenyan traders
| Country | Key Events | Typical Time (EAT) | Impact |
|---|---|---|---|
| USA | Fed Rate, NFP, CPI, GDP | 3:30 PM - 11:00 PM | Extreme |
| Canada | BOC Rate, Employment, CPI | 3:30 PM - 5:00 PM | Medium |
High-Impact Economic Events
Extreme Impact Events
US Non-Farm Payrolls1st Fri, 3:30 PM EAT
Fed Interest Rate Decision8x/year, 9:00 PM EAT
ECB Interest Rate Decision8x/year, 2:45 PM EAT
BOE Interest Rate Decision8x/year, 2:00 PM EAT
High Impact Events
US CPI (Inflation)Monthly, 3:30 PM EAT
US GDPQuarterly, 3:30 PM EAT
Eurozone CPIMonthly, 12:00 PM EAT
UK CPIMonthly, 11:30 AM EAT
Optimal Schedule for Kenyan Traders
Daily Trading Schedule (EAT)
Morning (9:00 AM - 12:00 PM)
- • Market analysis and preparation
- • Review overnight Asian news
- • Set up European session trades
Afternoon (12:00 PM - 6:00 PM)
- • Active European session trading
- • Monitor major EUR/GBP news
- • Prepare for NY session overlap
Evening (6:00 PM - 10:00 PM)
- • London-NY overlap trading
- • US economic news releases
- • Close positions before sleep
| Time (EAT) | Activity | Key Events | Priority |
|---|---|---|---|
| 10:00 AM - 12:00 PM | European Open | German/UK data releases | High |
| 12:00 PM - 3:00 PM | European Mid-Session | Eurozone data, ECB speeches | High |
| 3:00 PM - 7:00 PM | London-NY Overlap | US data releases, Fed speeches | Critical |
| 7:00 PM - 11:00 PM | NY Session | Late US data, Fed minutes | Medium |
News Trading Strategies
Pre-News Strategy
Preparation (30 mins before)
- • Check consensus forecasts
- • Identify key support/resistance levels
- • Set pending orders above/below current price
- • Prepare for high volatility
Risk Management
- • Reduce position sizes by 50%
- • Set wider stop losses (50-100 pips)
- • Use guaranteed stops if available
- • Avoid trading 5 mins before news
Post-News Strategy
Immediate Reaction (0-5 mins)
- • Wait for initial spike to settle
- • Look for breakout confirmations
- • Trade in direction of surprise
- • Use tight stops initially
Follow-Through (5-30 mins)
- • Look for trend continuation
- • Scale into positions gradually
- • Monitor for reversals
- • Take partial profits on spikes
News Trading Risk Management
Critical Risk Warnings
- • Spreads can widen dramatically during news releases
- • Slippage is common on market orders
- • Some brokers may restrict trading during high-impact news
- • False breakouts are frequent in the first few minutes
Position Sizing for News
Extreme Impact Events:0.25-0.5% risk
High Impact Events:0.5-1% risk
Medium Impact Events:1-1.5% risk
Stop Loss Guidelines
Pre-News Stops:50-100 pips
Post-News Stops:30-50 pips
Trailing Stops:20-30 pips
Economic Calendar Tools
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