Economic events to trade with Nadex

Events can give important insights into a country’s economy – you might think of them as an economic health check. With Nadex, you trade on current economic events, predicting the figures and making your own forecasts.

Some of the biggest economic events in the US are the release of the Nonfarm Payrolls report, weekly Jobless Claims, the Unemployment Rate, and Gross Domestic Product (GDP) estimates - to name a few. Trouble is, market reactions are hard to call – good news doesn’t always cause a rally, expected numbers sometimes get little more than a shrug and a yawn, and bad news doesn’t always cause a large selloff. With Nadex Binary Options, you predict the actual official numbers, giving you more control and avoiding the market-wide uncertainty surrounding major economic events.

What are economic events and how can you trade them?

Economic events help to show the macroeconomic health of a country. The more significant the economic event, the more it has the potential to affect financial markets. Major events are found in an economic calendar, which will show upcoming reports and releases. Traders can then speculate on the figures directly or trade on related markets.

Economic events are closely linked to some economic indicators, which are data or figures that reflect financial health and stability. For example, the Employment Report is a key economic indicator, as is the Initial Claims report. These reports include the number of Nonfarm Payrolls added or lost, and the number of weekly jobless claims made – you can predict these figures and trade on them with Nadex using binary option contracts.

With Nadex, you predict the actual numbers from the report or release. This is important – ahead of the release of major reports, you’ll hear a lot of "stocks are likely to…" and "the markets should…" Nobody, including economists, can be completely sure what the markets will do. While some traders love volatility and can make money trading on market movements, speculating on the reports themselves gives you pinpoint control. And if you want to try your hand trading other markets too, there are plenty of opportunities on Nadex.

Which major economic events can you trade on Nadex? 

We offer contracts based on the release of:

  • Nonfarm Payrolls report

  • Initial Jobless Claims report

  • Unemployment Rate

  • US GDP

  • CPI - Overall

  • CPI - Core

  • CPI - Food at Home

  • CPI - Food Away from Home

  • New Home Sales

  • Corn Yields

  • Soybean Yields

  • Retail Sales Change

  • Crude Oil Inventories Change

  • Natural Gas Stocks Change

  • Fed Balance Sheet Total Assets (Millions)

Whether you think key economic figures are going up or down, you can turn your prediction into a trade.

Trading on the Nonfarm Payrolls report

Nonfarm Payroll is part of the monthly Employment Situation report by the Bureau of Labor Statistics. It shows the number of jobs added or lost in the US economy over the last month, excluding jobs in the farming industry, some government workers, private households, proprietors, and employees in non-profit organizations.

You can trade binary options based on the Nonfarm Payrolls report: simply select the strike that contains your prediction for the number of jobs that will be added or lost. The whole trade is built around the simple question: "Will Nonfarm Payrolls finish higher than or equal to a particular number?"

As of November 2019, the US economy has had the longest streak of job creation in its history, but this ended in April 2020. What’s your prediction for future Nonfarm Payroll releases? You can trade your predictions on the Nadex platform and be your own economist. Binary options based on nonfarm payrolls open at 8 a.m. (EST) on the first business day of the week leading up to the release.

See Nonfarm Payroll contract specs.

Trading on the weekly Jobless Claims report

The Jobless Claims report is issued weekly in the US, detailing the total number of Americans filing for unemployment benefits. Economists weigh multiple factors when predicting whether the number of claims will rise or fall – make your own prediction with a simple yes or no trade.

You can trade binary options based on the reported number in the weekly Jobless Claims report by picking the strike that contains your prediction. You will need to answer one simple question: "Will the number of new Jobless Claims be higher than or equal to the strike?" If you think yes, you buy. If you think no, you sell. Binary options based on the number of jobless claims open at 8 a.m. (EST) on the first business day of the week leading up to the release.

See weekly Jobless Claims contract specs.

Trading on Unemployment Rate

The US Unemployment Rate is part of the monthly Employment Situation report by the Bureau of Labor Statistics. The statistic measures the number of people who are jobless and actively seeking employment, and the unemployment rate is expressed as a percentage.

Each month, you can trade Nadex Binary Options based on the US Unemployment Rate. You can use your own economic predictions to pick a strike, answering the question: "Will the Unemployment Rate be above or below this strike?" If you think it will be above or equal to the strike, you buy. If you think it won’t be, you sell. Binary options based on the Unemployment Rate open at 8 a.m. (EST) on the first business day of the week leading up to the release.

See Unemployment Rate contract specs.

Trading on real GDP figures

US GDP is calculated on an annual basis and a quarterly basis. It’s one of the key economic indicators for the health of the economy, showing the total monetary or market value of finished goods and services in the US. With Nadex, you can trade on quarterly GDP announcements, which are given as a percentage increase or decrease.

Binary option contracts based on the advance estimate of real GDP are issued quarterly and have a one-week duration. You can make your prediction for GDP figures by picking your strike, and choosing whether to buy or sell. You are essentially asking the question: "Will the advance estimate of real GDP be higher or lower than this strike?" If you think yes, it will be above or equal to the strike, you buy. If you think no, you sell. Binary options based on the advance estimate of real gross domestic product data open at 8 a.m. (EST), five trade days before the GDP report is released by the United States Department of Labor.

See US GDP contract specs.

Trading on US CPI - Overall

The US Consumer Price Index (CPI), often referred to as the inflation rate, is an economic indicator measuring the cost to the retail consumer for a basket of goods and services. It is calculated using the prices of food, energy, shelter, health care, new and used vehicles, household furnishings, airline tickets, and other commodities and services.

With Nadex, you can trade on monthly CPI announcements, given as a percentage increase or decrease.

These event contracts are based on how much on a percentage basis you think overall inflation has increased or decreased. You can make your prediction for CPI figures by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will the CPI be higher or lower than this percentage increase (or decrease)?” If you think it will be above or equal to the level, you buy. If you think no, you sell.  

Event contracts based on CPI open five trade days before the CPI report is released by the US Department of Labor’s Bureau of Labor Statistics, and are calculated on an annual and monthly basis. See US CPI - Overall contract specs.

Trading on US Core CPI

The US Core Consumer Price Index (Core CPI) is the Overall US CPI number with food and energy removed because food and energy prices can sometimes be more volatile. US Core CPI (or the core inflation rate) is calculated using the prices of commodities, shelter, health care, and transportation.

With Nadex, you can trade on monthly US Core CPI announcements, given as a percentage increase or decrease.

These event contracts are based on how much on a percentage basis you think core inflation has increased or decreased. You can make your prediction for US Core CPI figures by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will the Core CPI be higher or lower than this percentage increase (or decrease)?” If you think it will be above or equal to the level, you buy. If you think no, you sell. 

Event contracts based on US Core CPI open five trade days before the CPI report is released by the US Department of Labor’s Bureau of Labor Statistics, and are calculated on an annual and monthly basis.

See US CPI - Core contract specs.

Trading on CPI - Food at Home

The US Consumer Price Index (CPI) - Food at Home measures the cost to the retail consumer for a basket of goods (figuratively a grocery basket). It is calculated using the prices of meats, poultry, fish, eggs, dairy products, nonalcoholic beverages, cereals and bakery products, fruits and vegetables, and other foods.

With Nadex, you can trade on monthly CPI – Food at Home announcements, given as a percentage increase or decrease.

These event contracts are based on how much on a percentage basis you think inflation in  Food at Home costs have increased or decreased. You can make your prediction for CPI – Food at Home figures by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will the CPI – Food at Home measure be higher or lower than this percentage increase (or decrease)?” If you think it will be above or equal to the level, you buy. If you think no, you sell. 

Event contracts based on US CPI – Food at Home open five trade days before the CPI report is released by the US Department of Labor’s Bureau of Labor Statistics, and are calculated on an annual and monthly basis. See US CPI - Food at Home contract specs.

Trading on CPI - Food Away from Home

The US Consumer Price Index (CPI) - Food Away from Home measures the cost to the retail consumer for food purchased away from home. It factors in the cost for limited-service and full-service meals at restaurants, employment sites, and schools.

With Nadex, you can trade on monthly CPI – Food Away from Home announcements, given as a percentage increase or decrease.

These event contracts are based on how much on a percentage basis you think inflation in  Food Away from Home costs have increased or decreased. You can make your prediction for CPI – Food Away from Home figures by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will the CPI – Food Away from Home measure be higher or lower than this percentage increase (or decrease)?” If you think it will be above or equal to the level, you buy. If you think no, you sell. 

Event contracts based on US CPI – Food Away from Home open five trade days before the CPI report is released by the US Department of Labor’s Bureau of Labor Statistics, and are calculated on an annual and monthly basis.

See US CPI - Food Away from Home contract specs.

Trading on New Home Sales

New Home Sales account for about 10% of the overall US housing market. New single-family home sales can be extremely volatile month-to-month and can be difficult to predict as preliminary figures are mostly drawn from building permits data.

With Nadex, you can trade on monthly New Home Sales, given as actual numbers of new homes sold.

These event contracts are based on the number of new homes sold. You can make your prediction for New Home Sales by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will New Home Sales be higher or lower than this number?” If you think it will be above or equal to the level, you buy. If you think no, you sell. 

Event contracts based on New Home Sales open five trade days before the report is released by the US Department of Housing and Urban Development (HUD) and the US Census Bureau, and are released on a monthly basis. See US New Home Sales contract specs.

Trading on Corn Yields

Corn Yields are an economic report that measures the health of part of the agriculture sector. Every year estimates are made in October for corn production based on planted and harvested acreage. Then, monthly, actual corn crops are reported as billions of bushels.

With Nadex, you can trade on monthly Corn Yields given as Bushels per Harvested Acre.

These event contracts are based on the Bushels per Harvested Acre. You can make your prediction for Corn Yields by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will Corn Yields be higher or lower than this number?” If you think it will be above or equal to the level, you buy. If you think no, you sell. 

Binary options based on Corn Yields open five trade days before the crop report is released by the United States Department of Agriculture’s (USDA) World Agricultural Outlook Board (WOAB), and are released on a monthly basis.

See Corn Yields contract specs.

Trading on Soybean Yields

Soybean Yields are an economic report that measures the health of part of the agriculture sector. Every year estimates are made in October for soybean production based on planted and harvested acreage. Then, monthly, actual soybean crops are reported as billions of bushels.

With Nadex, you can trade on monthly Soybean Yields given as Bushels per Harvested Acre.

These event contracts are based on the Bushels per Harvested Acre. You can make your prediction for Soybean Yields by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will Soybean Yields be higher or lower than this number?” If you think it will be above or equal to the level, you buy. If you think no, you sell. 

Binary options based on Soybean Yields open five trade days before the crop report is released by the United States Department of Agriculture’s (USDA) World Agricultural Outlook Board (WOAB), and are released on a monthly basis.

See Soybean Yields contract specs.

Trading on US Retail Sales Change

The US Retail Sales report is an economic indicator measuring the health of the retail industry. It provides an aggregated measure of sales of retail goods and services in 13 major types of retailers: Motor vehicle & parts dealers, Food & beverage stores, General merchandise stores, Food services & drinking places, Gasoline stations, Non-store retailers, Building material & garden dealers, Health & personal care stores, Clothing & clothing accessories stores, Miscellaneous store retailers, Furniture stores, Electronics & appliance stores, and Sporting goods, hobby, book & music stores.

With Nadex, you can trade on monthly US Retail Sales announcements, given as a percentage increase or decrease.

These event contracts are based on how much on a percentage basis you think US Retail Sales have increased or decreased. You can make your prediction for US Retail Sales figures by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will US Retail Sales be higher or lower than this percentage increase (or decrease)?” If you think it will be above or equal to the level, you buy. If you think no, you sell. 

Event contracts based on US Retail Sales open five trade days before the report is released by the US Department of Commerce and the US Census Bureau, and are released on a monthly basis.

See US Retail Sales Change contract specs.

Trading on US Crude Oil Inventories Change

The US Crude Oil Inventory report gives a weekly measure of crude oil stocks changes. With the price of oil driven by shifts in supply and demand, this weekly report details the changes in US crude oil supply and is calculated as millions of barrels added or removed from storage.

With Nadex, you can trade on weekly Crude Oil Inventory announcements, given as millions of barrels increase or decrease.

These event contracts are based on how much the US oil supply has increased or decreased. You can make your prediction for US Crude Oil Inventories Change by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will the US Crude Oil Inventories be higher or lower than this increase (or decrease)?” If you think it will be above or equal to the level, you buy. If you think no, you sell. 

Event contracts based on US Crude Oil Inventories open every Thursday before the Oil Stocks Changes report is released the following Wednesday by the US Energy Information Administration (EIA), and are calculated every week.

See US Crude Oil Inventories Change contract specs.

Trading on US Natural Gas Stocks Change

The US Natural Gas Storage report gives a weekly measure of Natural Gas Stocks changes. With the price of natural gas driven by shifts in supply and demand, this weekly report details the changes in US natural gas supply and is calculated as billion cubic feet (BcF) added or removed from storage.

With Nadex, you can trade on weekly Natural Gas Inventory announcements, given as billion cubic feet increase or decrease.

These event contracts are based on how much the US natural gas supply has increased or decreased. You can make your prediction for US Natural Gas Stocks Change by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will the US Natural Gas Stocks be higher or lower than this increase (or decrease)?” If you think it will be above or equal to the level, you buy. If you think no, you sell. 

Event contracts based on US Natural Gas Stocks open every Monday before the Natural Gas Storage Report is released on Thursday by the US Energy Information Administration (EIA), and are calculated every week.

See US Natural Gas Stocks Change contract specs.

Trading on Fed Balance Sheet Total Assets (Millions)

In the height of the Great Financial Crisis back in 2008, the United States’ central bank (the Federal Reserve) pushed its benchmark lending rate to a range of 0.00 to 0.25 percent. Still wrestling with a struggling economy and financial system, the Fed piloted a further avenue of monetary policy in quantitative easing. The balance sheet has surpassed $8 trillion; and amid speculation that the central bank is planning on ‘normalizing’ its exposure, the weekly updates have become important financial market updates.

With Nadex, you can trade on the weekly change in the Federal Reserve’s balance sheet, given as total assets less eliminations from consolidation. 

These event contracts are based on the billions of dollars change in the week-to-week scale of the Federal Reserve’s balance sheet. You can make your prediction for the level of the balance sheet by picking your strike and choosing whether to buy or sell. You’re essentially asking the question: “Will the Federal Reserve’s balance sheet be higher or lower than this number?” If you think the balance sheet will be above the level, you buy. If you think it will not, you sell.

Event contracts based on the Fed Balance Sheet Total Assets (Millions) opens five trade days before the report is released by the Board of Governors of the Federal Reserve System on Wednesday of each week.

See Fed Balance Sheet Total Assets (Millions) contract specs.

Start trading current economic events contracts with Nadex 

Test your skills with a Nadex demo account. You’ll get $10,000 in virtual funds, so you can practice trading event contracts. Put your economic predictions to good use – trade them on Nadex.

Open a Nadex demo account.

Practice trading – reach your potential

Begin free demo