Economic calendars provide a schedule of upcoming economic events, such as central bank meetings, GDP releases, and employment reports. These events can have a significant impact on financial markets, as they can provide insight into the health of the economy and influence monetary policy decisions. For example, a strong GDP report may indicate that the economy is growing and boost investor confidence, leading to a rise in stock prices. Conversely, a weak employment report may indicate that the economy is struggling and cause investors to sell off assets, leading to a decline in stock prices. By keeping track of economic events and their potential impact on markets, traders and investors can make more informed decisions about buying and selling assets.