Economic calendar
Times follow your own time zone automatically (change it below). Tap an event to see what it is, why it matters and how markets usually react.
Thursday 5 November 2026
AUD Australia Goods Trade BalanceGoods Trade Balance Forecast 0.94BPrevious 0.50B
Forecast0.94BPrevious0.50B
- What it is
- The difference between the value of Australia's goods exports and imports, published by the Australian Bureau of Statistics (ABS). A positive number is a surplus and a negative number is a deficit.
- Why it matters
- Australia mainly exports resources such as iron ore and coal, so this figure reflects demand for its goods and the health of its economy. Its importance is usually moderate.
- Usual market reaction
- Markets react to the actual figure compared with the forecast. A larger-than-expected surplus (or smaller deficit) tends to support the Australian dollar, as more demand for the currency is needed to pay for exports, while a weaker result often weighs on it. The impact is usually limited unless the figure differs a lot from expectations.
AUD RBA Deputy Governor Hauser SpeaksRBA Deputy Gov Hauser Speaks
- What it is
- This is a public speech or set of remarks by the Deputy Governor of the Reserve Bank of Australia (RBA), one of the central bank's senior officials.
- Why it matters
- Traders listen for clues about the central bank's view on the economy, inflation and the likely path of interest rates. Its importance usually depends on the content and tone of the remarks.
- Usual market reaction
- Markets judge whether the comments sound hawkish (hinting at higher or longer-held rates) or dovish (hinting at rate cuts) compared with expectations. Hawkish remarks tend to support the Australian dollar, while dovish ones often weigh on it. If nothing new is said, the reaction is often small.
EUR German Factory Orders (m/m)German Factory Orders m/m Forecast 4.6%Previous -10.6%
Forecast4.6%Previous-10.6%
- What it is
- This figure, published by Germany's Federal Statistical Office (Destatis), shows the monthly change in the value of new orders placed with German factories.
- Why it matters
- Orders are a forward-looking sign of future production and the health of German industry, the largest economy in the eurozone. Its importance is usually moderate.
- Usual market reaction
- Markets compare the actual figure with the forecast. A higher-than-forecast result usually points to a stronger economy and tends to support the euro, while a lower one often weighs on it. The data can swing a lot because of large one-off orders, so reactions are sometimes muted, and the DAX index may also move with the economic outlook.
EUR French Industrial Production (m/m)French Industrial Production m/m Forecast 0.3%Previous -0.3%
Forecast0.3%Previous-0.3%
- What it is
- This figure, published by France's national statistics office (INSEE), shows the monthly change in the volume of output from factories, mines and utilities.
- Why it matters
- It helps show the health of French manufacturing and the growth outlook, but it usually moves markets less than German data or eurozone-wide figures.
- Usual market reaction
- Markets compare the actual figure with the forecast. A higher-than-forecast result often points to a stronger economy and may give the euro slight support, while a lower one can weigh on it a little. Price moves are usually modest unless the result is far from expectations.
EUR Italian Retail Sales m/m Forecast 0.0%Previous 0.3%
Forecast0.0%Previous0.3%
- What it is
- This measures the monthly change in the value of retail goods sold in Italy. It is published by Italy's national statistics office, ISTAT.
- Why it matters
- Consumer spending is a major part of any economy, and Italy is one of the eurozone's larger economies. However, this release usually has fairly low importance for the euro.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. Retail sales above the forecast are often seen as a sign of firm consumer demand and may give the euro (EUR) slight support, while a weaker result tends to weigh on it slightly. The market impact is usually limited unless the figure is far from expectations.
EUR Spanish 10-Year Bond AuctionSpanish 10-y Bond Auction Previous 4.18|1.6
Previous4.18|1.6
- What it is
- Spain's Treasury auctions 10-year government bonds to investors to raise money for the government. The results show the average yield and the bid-to-cover ratio, which compares demand with the amount offered.
- Why it matters
- The result shows how confident investors are in Spain's public finances. It is usually considered a low-to-medium importance event.
- Usual market reaction
- Traders usually compare the result with the previous auction, or with the forecast if there is one. Strong demand and a lower-than-expected yield tend to be read as confidence and may slightly support the euro. Weak demand or a higher-than-expected yield can signal worry and may weigh a little on the euro, though the overall effect on the currency is often limited.
EUR French 10-Year Bond AuctionFrench 10-y Bond Auction Previous 4.93|2.0
Previous4.93|2.0
- What it is
- France's debt agency, Agence France Trésor, auctions 10-year government bonds to investors. The results show the average yield and the bid-to-cover ratio, which compares demand with the amount offered.
- Why it matters
- France is one of the eurozone's largest economies, so the result reflects investor confidence in France and in European bond markets. It is usually considered a low-to-medium importance event.
- Usual market reaction
- Traders usually compare the result with the previous auction, or with the forecast if there is one. Strong demand and a lower-than-expected yield tend to be read as confidence and may slightly support the euro. Weak demand or a higher-than-expected yield can signal fiscal worries and may weigh a little on the euro, though the effect on the currency is usually not large.
EUR Eurozone PPI m/mPPI m/m Forecast 2.5%Previous 1.9%
Forecast2.5%Previous1.9%
- What it is
- This measures the monthly change in the prices producers receive for their goods at the factory gate. It is published by Eurostat, the European Union's statistics office.
- Why it matters
- Producer prices often act as an early signal for consumer inflation, so they feed into views on the European Central Bank's (ECB) interest rate path. They are usually less important than CPI.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A PPI reading higher than forecast is often read as rising inflation pressure, which may suggest the ECB keeps rates higher for longer and tends to support the euro (EUR). A lower-than-forecast result usually weighs on the euro, though the reaction is often modest.
EUR Spanish 10-Year Bond AuctionSpanish 10-y Bond Auction Previous 4.18|1.6
Previous4.18|1.6
- What it is
- Spain's Treasury auctions 10-year government bonds to investors to raise money for the government. The results show the average yield and the bid-to-cover ratio, which compares demand with the amount offered.
- Why it matters
- The result shows how confident investors are in Spain's public finances. It is usually considered a low-to-medium importance event.
- Usual market reaction
- Traders usually compare the result with the previous auction, or with the forecast if there is one. Strong demand and a lower-than-expected yield tend to be read as confidence and may slightly support the euro. Weak demand or a higher-than-expected yield can signal worry and may weigh a little on the euro, though the overall effect on the currency is often limited.
EUR French 10-Year Bond AuctionFrench 10-y Bond Auction Previous 4.93|2.0
Previous4.93|2.0
- What it is
- France's debt agency, Agence France Trésor, auctions 10-year government bonds to investors. The results show the average yield and the bid-to-cover ratio, which compares demand with the amount offered.
- Why it matters
- France is one of the eurozone's largest economies, so the result reflects investor confidence in France and in European bond markets. It is usually considered a low-to-medium importance event.
- Usual market reaction
- Traders usually compare the result with the previous auction, or with the forecast if there is one. Strong demand and a lower-than-expected yield tend to be read as confidence and may slightly support the euro. Weak demand or a higher-than-expected yield can signal fiscal worries and may weigh a little on the euro, though the effect on the currency is usually not large.
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.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.