economic-calendar-fetcher

name

economic-calendar-fetcher

description

Use when the user wants to check upcoming economic events before placing trades, or when performing a pre-trade risk check. Fetches the economic calendar via web search (no FMP API required) and flags high-impact events within 48 hours. Triggers on queries like "any events this week?", "is it safe to trade before NFP?", "check the calendar", "pre-trade risk check", "any Fed announcements coming up?".

Economic Calendar Fetcher (Pre-Trade Risk Check)

Overview

Fetches upcoming macroeconomic events using web search and classifies them by impact level. Primary use case is a pre-trade risk check: before placing any significant order, verify that no high-impact event (Fed meeting, NFP, CPI) falls within the next 48 hours. No API key required — uses web search.

When to Use

• Before placing a bracket order or large position
• "What's on the economic calendar this week?"
• "Is it safe to enter AAPL now, or is CPI tomorrow?"
• "Any Fed speakers today?"
• "Pre-trade check before I add to my position"
• Anytime you want to avoid getting caught in an event-driven spike/crash

Pre-Trade Risk Rule

Do not open new positions within 24 hours before a High-impact event. Reduce existing size within 4 hours before any High-impact event if the position is in profit. Medium-impact events warrant awareness but not necessarily avoidance.

Event Categories and Impact Levels

High Impact (Avoid new trades within 24h)

Event	Typical Schedule	Why It Matters
FOMC Rate Decision	8x/year (Wed 2pm ET)	Reprices entire risk curve
Fed Chair Press Conference	Post-FOMC (Wed 2:30pm ET)	Forward guidance = volatility
Non-Farm Payrolls (NFP)	1st Fri of month (8:30am ET)	Key labor market signal
CPI (Consumer Price Index)	~12th of month (8:30am ET)	Inflation = rate expectations
PCE Deflator	~last Fri of month (8:30am ET)	Fed's preferred inflation gauge
GDP (Advance/Preliminary)	Quarterly (8:30am ET)	Growth trajectory signal
JOLTS / ADP Payrolls	Mid-month	Labor market leading indicators

Medium Impact (Be aware, manage size)

Event	Notes
ISM Manufacturing / Services PMI	First week of month
Retail Sales	Mid-month
Producer Price Index (PPI)	Day before CPI
Consumer Confidence / Sentiment	End of month
Fed Speaker Appearances	Can move markets if discussing policy
Treasury Auctions (3Y, 10Y, 30Y)	Rates volatility
Initial Jobless Claims	Weekly, Thursdays 8:30am ET

Low Impact (Monitor only)

• Housing starts, building permits
• Factory orders
• Import/export prices
• Non-voting Fed speakers (routine remarks)

Workflow

Step 1 — Fetch the Calendar

Use web search to retrieve the current week's economic calendar:

Search: "economic calendar this week [current date] high impact"
Search: "FOMC meeting dates 2026"
Search: "NFP date [current month] 2026"
Search: "CPI release date [current month] 2026"

Also check for surprises or revisions that could move markets even on low-scheduled weeks.

Step 2 — Identify Events Within 48 Hours

From the fetched calendar, extract all events in the next 48 hours. Flag:

• RED: High-impact event within 24h → do not open new positions
• YELLOW: High-impact event in 24-48h → reduce sizing, tighten stops
• GREEN: No high-impact events within 48h → proceed with normal risk rules

Step 3 — Cross-Reference Open Positions

uv run trader positions list

For each open position, ask: is this position directionally exposed to the upcoming event?

• Long AAPL before CPI → rate-sensitive tech = elevated risk
• Long XLE before NFP → less directly exposed
• Long TLT before FOMC → extremely rate-sensitive = reduce or hedge

Step 4 — Check Sentiment Drift Pre-Event

Market sentiment often shifts in the 24-48h window before a major event. Check:

uv run trader news sentiment SPY --lookback 48h
uv run trader news sentiment [relevant sector ETF] --lookback 48h

Negative sentiment drift pre-event amplifies downside risk if the event disappoints.

Step 5 — Pre-Trade Decision

Based on Steps 1-4:

Condition	Decision
RED (High-impact < 24h)	No new positions. Consider reducing existing.
YELLOW (High-impact 24-48h)	Reduce position size by 50%. Set tighter stops.
YELLOW + negative sentiment	Treat as RED.
GREEN + positive signals	Proceed. Normal position sizing applies.
GREEN + mixed signals	Proceed with reduced size (75% normal).

If proceeding with a trade, place the order:

# Example: bracket order with tighter stops pre-event
uv run trader orders bracket AAPL 5 --entry 195 --take-profit 205 --stop-loss 190

# Or set a protective stop on existing position
uv run trader orders stop AAPL --price 190

Output Format

## Pre-Trade Economic Risk Check — [Date/Time]

### 48-Hour Event Window
| Time (ET) | Event | Impact | Direction Risk |
|-----------|-------|--------|----------------|

### Risk Flag: [RED / YELLOW / GREEN]
[One sentence explaining the flag]

### Open Position Exposure
[List positions from `trader positions list` and their event sensitivity]

### Recommendation
[Go / Size-Down / Stand-Aside — with specific reasoning]

### Next High-Impact Event
[Event name, date/time, what it measures, consensus expectation if available]

Quick Reference

Task	Action
Fetch calendar	Web search "economic calendar [date]"
Check open positions	trader positions list
Pre-event sentiment	trader news sentiment SPY --lookback 48h
Place protective stop	trader orders stop TICKER --price X
Reduce position	trader orders sell TICKER N --type market
Check account headroom	trader account margin

FOMC Meeting Dates 2026 (Reference)

Approximate schedule (confirm via web search — dates shift):

• Late January, Mid-March, Late April, Mid-June, Late July, Mid-September, Early November, Mid-December

Each FOMC has a 2-day meeting followed by a Wednesday 2pm ET decision + 2:30pm press conference. The day before (Tuesday) often sees elevated implied volatility.

Common Mistakes

• Skipping the calendar check before earnings — This skill covers macro events. For individual stock earnings dates, use trader news latest --tickers TICKER and check for earnings announcement news.
• Assuming a GREEN flag means safe — GREEN means no scheduled high-impact macro events. Market-moving surprises (geopolitical shocks, unscheduled Fed statements) can always occur.
• Ignoring the pre-event drift window — Markets often make their biggest moves the day before a major event (positioning). Check sentiment 48h out, not just on event day.
• Not protecting profitable positions — Use trader orders trailing-stop TICKER --trail-percent 2.5 to lock in gains before an event rather than closing outright.
• Treating all High-impact events equally — An FOMC rate decision is more impactful than JOLTS. Weight accordingly when deciding to sit out vs size down.
• Forgetting time zones — All times above are Eastern Time (ET). Adjust if trading foreign sessions.