Economic calendar
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Sunday 1 November 2026
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CAD
Daylight Saving Time Shift
Tuesday 3 November 2026
AUD RBA Cash RateCash Rate Forecast 4.85%Previous 4.60%
- What it is
- The Cash Rate is Australia's official interest rate, announced by the Reserve Bank of Australia (RBA) after its monetary policy meeting.
- Why it matters
- Interest rates are the main driver of the Australian dollar (AUD), so this is one of the most important AUD events and often causes sharp moves.
- Usual market reaction
- Prices usually react to the actual decision compared with the forecast. A bigger-than-expected hike or a more hawkish tone tends to support AUD, while a cut or a softer-than-expected stance tends to weigh on it. The tone of the accompanying statement often matters as much as the rate itself.
AUD RBA Monetary Policy Statement
- What it is
- A detailed report published quarterly by the Reserve Bank of Australia (RBA), explaining its view of the economy, inflation and the reasoning behind its policy decisions.
- Why it matters
- It contains the RBA's economic and inflation forecasts, which help the market judge where interest rates may go next, so it usually gets fairly high attention.
- Usual market reaction
- Traders look at how the inflation and growth forecasts have changed from before and whether there are hints about rates. Higher-than-expected inflation forecasts or a firmer tone tend to support AUD, while weaker or softer-than-expected signals tend to weigh on it. The reaction is often smaller than for the rate decision itself, as some information is usually already priced in.
AUD RBA Rate Statement
- What it is
- A short written statement released by the Reserve Bank of Australia (RBA) together with its interest rate decision, explaining the reasons behind it.
- Why it matters
- It gives clues on how the RBA sees inflation, jobs and the economy, which is very important for judging where interest rates may go next.
- Usual market reaction
- Markets usually compare the wording with the previous statement, for example more concern about inflation or a door opened to rate cuts. A tone firmer than expected tends to support AUD, while a softer one tends to weigh on it. Prices often move sharply in the first minutes after release.
AUD RBA Press Conference
- What it is
- A press conference where the Governor of the Reserve Bank of Australia (RBA) explains the policy decision and answers questions from reporters.
- Why it matters
- Traders watch it because the Governor may give extra hints about interest rates that were not in the written statement, so it can often add volatility.
- Usual market reaction
- Markets usually listen for how the Governor talks about inflation, the job market and the chances of future rate hikes or cuts. A tone firmer than expected tends to support AUD, while a softer one tends to weigh on it. Prices can sometimes reverse if the answers differ from the earlier written statement.
CAD BOC Governor Macklem SpeaksBOC Gov Macklem Speaks
- What it is
- Tiff Macklem, Governor of the Bank of Canada (BOC), gives a speech or public remarks about the Canadian economy and monetary policy.
- Why it matters
- As the person with the most influence over Canada's interest-rate direction, the Governor's words are closely watched. Importance depends on the content but is usually moderate to high.
- Usual market reaction
- Traders usually listen for hints about whether rates may be raised, held or cut, and for views on inflation and growth. A hawkish tone tends to support the Canadian dollar (CAD), while a dovish tone often weighs on it. Markets compare the remarks with what was already expected, and prices can be volatile during the speech or Q&A.
Thursday 5 November 2026
CAD BOC Governor Macklem SpeaksBOC Gov Macklem Speaks
- What it is
- Tiff Macklem, Governor of the Bank of Canada (BOC), gives a speech or public remarks about the Canadian economy and monetary policy.
- Why it matters
- As the person with the most influence over Canada's interest-rate direction, the Governor's words are closely watched. Importance depends on the content but is usually moderate to high.
- Usual market reaction
- Traders usually listen for hints about whether rates may be raised, held or cut, and for views on inflation and growth. A hawkish tone tends to support the Canadian dollar (CAD), while a dovish tone often weighs on it. Markets compare the remarks with what was already expected, and prices can be volatile during the speech or Q&A.
Friday 6 November 2026
CAD Canada Annual Budget ReleaseAnnual Budget Release
- What it is
- Canada's federal government, through the Department of Finance, presents its plans for revenue, spending, the deficit and borrowing for the fiscal year.
- Why it matters
- The budget shows the direction of fiscal policy, such as spending levels and government debt, which can affect economic growth and confidence in the Canadian dollar. Its importance is usually moderate and depends on whether it contains surprises.
- Usual market reaction
- Markets usually compare the actual numbers, such as the size of the deficit and borrowing plans, with what analysts expected. If the plan looks more disciplined or more growth-friendly than expected, the Canadian dollar (CAD) often gets support, while a much larger deficit or borrowing need than expected can weigh on it. The budget can also influence bond yields and interest-rate expectations, but reactions tend to be modest without surprises.
CAD Canada Unemployment RateUnemployment Rate Forecast 6.5%Previous 6.5%
- What it is
- The unemployment rate is the share of people in the labour force who are without a job and looking for work. It is published monthly by Statistics Canada.
- Why it matters
- It is a key gauge of the Canadian job market and one of the inputs the Bank of Canada looks at when considering interest rates. It is usually released together with the employment change figure.
- Usual market reaction
- Prices usually react to the actual figure compared with the forecast. Unlike job-growth data, a lower-than-forecast unemployment rate tends to support the Canadian dollar because it points to a strong job market, while a higher-than-forecast rate often weighs on it. The reaction often also depends on the employment figure released at the same time.
CAD Canada Employment ChangeEmployment Change Forecast 14.6KPrevious -68.3K
- What it is
- This shows how many more or fewer people in Canada had a job in the previous month. It is published by Statistics Canada as part of its Labour Force Survey.
- Why it matters
- Employment reflects the strength of the Canadian economy and is one of the factors the Bank of Canada considers when setting interest rates, so it is an important release for the Canadian dollar.
- Usual market reaction
- Prices usually react to the actual figure compared with the forecast. A higher-than-forecast job gain tends to support the Canadian dollar, as it suggests a healthy economy, while a lower-than-forecast or negative result often weighs on it. USD/CAD can be especially volatile when this is released alongside US jobs data.
CAD Ivey PMI (Canada)Ivey PMI Forecast 57.7Previous 58.2
- What it is
- The Ivey Purchasing Managers Index (PMI) is published by the Ivey Business School and is based on a survey of purchasing managers across Canada about business activity.
- Why it matters
- Purchasing managers often see changes in demand early, so the index gives a timely read on the health of the Canadian economy. A reading above 50 usually signals expansion and below 50 contraction. Its importance is usually moderate.
- Usual market reaction
- Markets usually compare the actual reading with the forecast. A higher-than-forecast result tends to support the Canadian dollar (CAD) because it points to a stronger economy, while a lower-than-forecast result often weighs on it. Moves are usually smaller than for major data such as jobs figures or Bank of Canada rate decisions.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.