A financial announcement is a public issued report released by a government institute, a major bank or a financial body.
A financial announcement can also be held by a big public company or cooperative.
The financial announcement provides numbers and conclusions regarding a certain event that was analyzed for that specific announcement. Financial announcements can be weekly, monthly, quarterly or yearly. Each financial announcement has its own markets which it influences. Each announcement has a different impact on the market impact scale.
For traders the financial announcements are an important fundamental tool to determent direction of market movement, combined with the impact of the announcement on that market. Before the announcement is released we will see a forecast made by major institute’s analysts for that specific event, which will become a point of designation/origin for the actual announcement and the market behavior afterwards.
