Thursday 5 November 2026
TraderSite Today's market recap
XAUUSD 4,068.54 ▲ 3.81%EURUSD 1.12399 ▲ 0.45%GBPUSD 1.34770 ▲ 0.46%USDJPY 158.236 ▼ 0.32%AUDUSD 0.70185 ▲ 0.78%USDCAD 1.39628 ▼ 0.29%USDCHF 0.81631 ▼ 0.57%NZDUSD 0.56314 ▲ 0.39%

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.

Sunday 1 November 2026

— CAD Daylight Saving Time Shift
— USD Daylight Saving Time Shift

Monday 2 November 2026

AUD MI Inflation Gauge (m/m)MI Inflation Gauge m/m Previous 0.3%

Previous0.3%

What it is
A monthly estimate of how prices of goods and services are changing in Australia, produced by the Melbourne Institute at the University of Melbourne.
Why it matters
It comes out before the official CPI, so traders use it as an early hint of inflation trends, which relate to RBA interest rate decisions. It is usually a low-to-medium impact release.
Usual market reaction
Markets usually compare the actual figure with the forecast. A higher-than-forecast reading tends to support the Australian dollar, as traders may see the RBA keeping rates higher for longer, while a lower reading often weighs on it. The reaction is usually milder than for the official CPI.
AUD Building Approvals (m/m)Building Approvals m/m Forecast 1.8%Previous -6.1%

Forecast1.8%Previous-6.1%

What it is
Data on the number of permits approved for new buildings in Australia, published by the Australian Bureau of Statistics (ABS) as a change from the previous month.
Why it matters
Approvals are a forward-looking sign of construction activity and the housing market, which is sensitive to interest rates. It is usually a low-to-medium impact release, and the figure often jumps around from month to month.
Usual market reaction
Markets usually compare the actual figure with the forecast. A higher-than-forecast result tends to support the Australian dollar as it suggests solid housing demand and a stronger economy, while a lower one often weighs on it. The reaction is usually modest.
CNY China RatingDog Manufacturing PMIRatingDog Manufacturing PMI Forecast 52.0Previous 52.1

Forecast52.0Previous52.1

What it is
A survey of purchasing managers at private Chinese factories, compiled by S&P Global (formerly known as the Caixin PMI). A reading above 50 means the manufacturing sector is expanding, and below 50 means it is contracting.
Why it matters
It is one of the first monthly readings on the health of China's economy, so traders watch it closely. Its importance is usually moderate.
Usual market reaction
Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the yuan and commodity-linked currencies such as the AUD, and often helps stock market sentiment. A lower-than-forecast result usually weighs on them.
AUD Australia Commodity Prices y/yCommodity Prices y/y Previous 15.5%

Previous15.5%

What it is
A commodity price index published by the Reserve Bank of Australia (RBA). It shows the year-on-year change in prices of Australia's main exports, such as iron ore, coal and LNG.
Why it matters
Australia relies heavily on commodity export income, so price changes matter for its economy. This release usually has a fairly small market impact.
Usual market reaction
Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast rise in commodity prices usually supports the Australian dollar (AUD), as export earnings often improve, while a lower result tends to weigh on it. The reaction is often muted because traders can already see these prices moving in the market.
CAD Manufacturing PMI (Canada)Manufacturing PMI Previous 51.5

Previous51.5

What it is
A survey of purchasing managers at Canadian factories about new orders, output and hiring, published by S&P Global. A reading above 50 means the manufacturing sector is expanding.
Why it matters
It comes out early in the month and gives a quick read on the economy, so traders watch it, though its importance is usually moderate.
Usual market reaction
Prices usually react to the actual figure compared with the forecast. A higher-than-forecast PMI often supports the Canadian dollar (CAD) as it points to a stronger economy, while a lower-than-forecast result tends to weigh on it, especially if the reading falls below 50.
USD Final Manufacturing PMI (US)Final Manufacturing PMI Forecast 56.0Previous 56.0

Forecast56.0Previous56.0

What it is
The final version of the US manufacturing Purchasing Managers' Index, published by S&P Global. It revises the earlier flash estimate released a little before.
Why it matters
Because the flash estimate is already out, the final reading usually has a limited impact unless it differs noticeably from the flash figure.
Usual market reaction
Prices usually react only when the actual figure differs from the forecast, which normally sits close to the flash reading. A higher-than-forecast result often supports the US dollar (USD) and may weigh slightly on gold, while a lower-than-forecast one tends to pressure the dollar and can help gold a little.
USD ISM Manufacturing PMI Forecast 54.5Previous 54.5

Forecast54.5Previous54.5

What it is
A survey index of purchasing managers in the US manufacturing sector, produced by the Institute for Supply Management (ISM). A reading above 50 usually signals expansion in manufacturing, while below 50 signals contraction.
Why it matters
It is one of the earliest signals of US economic health each month, released soon after the month ends. It is usually regarded as a high-importance release.
Usual market reaction
Markets tend to react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the US dollar (USD), while a lower one usually weighs on it. Gold often moves opposite to the dollar, and US stock indices may also react to a stronger or weaker economic picture.
USD ISM Manufacturing Prices Forecast 77.2Previous 77.9

Forecast77.2Previous77.9

What it is
A component of the US ISM Manufacturing report, published by the Institute for Supply Management. It measures whether factories are paying more or less for materials and inputs. A reading above 50 means prices are rising.
Why it matters
It is an early signal of inflation pressure, which feeds into the Federal Reserve's interest rate thinking, so traders pay it fair attention.
Usual market reaction
Prices usually react to the actual figure compared with the forecast. A higher-than-forecast reading points to stronger inflation pressure, which often supports the US dollar and Treasury yields and may weigh on gold and stock indices. A lower-than-forecast result tends to have the opposite effect.
USD Construction Spending m/m (US)Construction Spending m/m Forecast 0.4%Previous 0.9%

Forecast0.4%Previous0.9%

What it is
A measure of the monthly change in the value of construction spending in the United States, published by the US Census Bureau.
Why it matters
It reflects the health of housing and infrastructure, which links to interest rates and economic growth. Its importance is usually low to moderate.
Usual market reaction
Prices usually react to the actual figure compared with the forecast. A higher-than-forecast result often gives slight support to the US dollar as it points to a firmer economy, and may weigh a little on gold. A lower-than-forecast result tends to pressure the dollar. The reaction is generally modest.

Tuesday 3 November 2026

USD Loan Officer Survey
What it is
A survey by the US Federal Reserve that asks bank loan officers about their lending standards and how much borrowers want to take out loans. It is usually released quarterly.
Why it matters
It shows whether banks are tightening or easing credit, which tends to influence spending and investment in the economy. Its market impact is usually low to moderate.
Usual market reaction
Markets often compare the result with the forecast or the previous survey. Easier lending standards and stronger loan demand than expected tend to give the US dollar mild support, while tighter standards than expected may weigh on it because they hint at slower growth. Gold and US stock indices may move with the dollar and with shifting views on interest rates.
NZD NZ Building Consents m/mBuilding Consents m/m Previous 5.6%

Previous5.6%

What it is
The monthly change in the number of permits issued for new homes in New Zealand, published by the statistics agency Stats NZ.
Why it matters
Building permits are often an early sign of construction activity and the housing market, both of which affect the economy. The figure tends to be volatile from month to month, so its market impact is usually low to moderate.
Usual market reaction
Prices usually react to the actual figure compared with the forecast. A higher-than-forecast result often supports the New Zealand dollar (NZD) because it points to a firmer property sector, while a lower one tends to weigh on it. Traders often read it alongside other data and the Reserve Bank of New Zealand's stance on interest rates.
AUD RBA Cash RateCash Rate Forecast 4.85%Previous 4.60%

Forecast4.85%Previous4.60%

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.
USD RCM/TIPP Economic Optimism Forecast 46.2Previous 46.8

Forecast46.2Previous46.8

What it is
A monthly survey of how Americans view the economic outlook, run by RealClearMarkets and TechnoMetrica (TIPP). A reading above 50 reflects a positive outlook.
Why it matters
Consumer confidence tends to be linked to spending, which is a key driver of the US economy. However, this index usually gets less attention than other sentiment surveys, so its importance is generally low.
Usual market reaction
Prices usually react to the actual figure compared with the forecast. A higher-than-forecast reading often gives the US dollar slight support because it signals better confidence, while a lower one tends to weigh on it. A stronger dollar usually pressures gold and a weaker dollar tends to help it, but the reaction to this release is often modest.
USD US JOLTS Job OpeningsJOLTS Job Openings Forecast 7.15MPrevious 7.08M

Forecast7.15MPrevious7.08M

What it is
The Job Openings and Labor Turnover Survey (JOLTS) reports how many unfilled job openings there are in the United States. It is published by the US Bureau of Labor Statistics (BLS).
Why it matters
Traders use it to gauge how tight the labour market is, which the Federal Reserve considers when setting interest rates. It is usually of moderate to fairly high importance.
Usual market reaction
Prices tend to react to the actual figure compared with the forecast. Higher-than-forecast openings often point to a strong job market and can support the US dollar, while a lower figure usually weighs on it. Gold often moves in the opposite direction to the dollar and bond yields, so it may soften when USD strengthens and gain when USD weakens.
USD US Factory Orders (m/m)Factory Orders m/m Forecast 1.2%Previous 0.1%

Forecast1.2%Previous0.1%

What it is
The US Census Bureau publishes the total value of new orders placed with factories for both durable and non-durable goods, compared with the previous month.
Why it matters
It reflects demand for manufactured goods and the health of US industry. However, the durable goods part is usually released earlier, so markets tend to treat this report as medium to fairly low importance.
Usual market reaction
Prices react to the actual figure compared with the forecast. A higher-than-forecast result usually points to a stronger economy and tends to support the US dollar, while a lower result often weighs on it. Gold often moves in the opposite direction to the dollar, so it may soften when the dollar strengthens and firm when the dollar weakens.
USD US Total Vehicle Sales (Omdia)Omdia Total Vehicle Sales Forecast 15.8MPrevious 16.0M

Forecast15.8MPrevious16.0M

What it is
Omdia, a market research firm, estimates total new vehicle sales in the US, usually shown as an annualised pace in millions of units.
Why it matters
Buying a car is a big purchase for households, so the figure gives a hint about consumer spending power and confidence. It is generally treated as a lower-importance release.
Usual market reaction
Prices react to the actual figure compared with the forecast. Higher-than-forecast sales suggest consumers are still spending and tend to support the US dollar, while weaker sales may weigh on it slightly. The reaction is often small, and gold tends to move in the opposite direction to the dollar.
USD US Congressional ElectionsCongressional Elections
What it is
Elections for seats in the US House of Representatives and part of the Senate, held on a fixed schedule by federal and state authorities.
Why it matters
The result shows which party controls Congress, which can shape fiscal policy, taxes and government spending. Traders watch it, though it is usually less important than major economic data.
Usual market reaction
Markets do not react to a figure here but to whether the outcome matches expectations. If the result differs a lot from what was priced in, the US dollar may become more volatile as investors rethink fiscal policy and government borrowing. Gold and US stock indices often move with the dollar and overall risk mood.
NZD GDT Price Index (Global Dairy Trade)GDT Price Index Previous 2.5%

Previous2.5%

What it is
Global Dairy Trade (GDT) is an online auction platform for dairy products such as milk powder and butter, held regularly, usually twice a month. The index shows the change in average prices from each auction.
Why it matters
Dairy is one of New Zealand's biggest exports, so dairy prices are linked to national income. NZD traders in particular tend to pay fair attention to it.
Usual market reaction
Prices react to the actual figure compared with the forecast or the previous auction. A higher-than-forecast result tends to support the New Zealand dollar because it suggests better export earnings, while a lower result often weighs on it. The impact is usually limited mainly to NZD pairs.
NZD GDT Price Index (Global Dairy Trade)GDT Price Index Previous 2.5%

Previous2.5%

What it is
Global Dairy Trade (GDT) is an online auction platform for dairy products such as milk powder and butter, held regularly, usually twice a month. The index shows the change in average prices from each auction.
Why it matters
Dairy is one of New Zealand's biggest exports, so dairy prices are linked to national income. NZD traders in particular tend to pay fair attention to it.
Usual market reaction
Prices react to the actual figure compared with the forecast or the previous auction. A higher-than-forecast result tends to support the New Zealand dollar because it suggests better export earnings, while a lower result often weighs on it. The impact is usually limited mainly to NZD pairs.
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.

Wednesday 4 November 2026

USD API Weekly Statistical Bulletin (US crude oil stocks)API Weekly Statistical Bulletin
What it is
A weekly report from the American Petroleum Institute (API) showing changes in US stocks of crude oil, gasoline and distillates. It usually comes out after the market close on Tuesday.
Why it matters
Traders see it as an early hint before the official EIA report that follows. Its importance for the USD is usually low to moderate, but the oil market pays fairly close attention.
Usual market reaction
Markets react to the actual figure compared with the forecast. A bigger-than-expected fall in stocks is often read as strong demand or tight supply and tends to support oil prices, while a bigger-than-expected build tends to weigh on oil. The effect on the USD and gold is usually limited, but oil-linked currencies such as the CAD may move with oil prices.
NZD NZ Unemployment RateUnemployment Rate Forecast 5.5%Previous 5.6%

Forecast5.5%Previous5.6%

What it is
The share of people actively looking for work compared with New Zealand's total labour force, published quarterly by Stats NZ.
Why it matters
It is a key job-market gauge that the RBNZ considers when deciding on interest rates, so it is usually an important release for the NZD.
Usual market reaction
Prices react to the actual figure compared with the forecast. Here a lower number means a stronger job market, so a lower-than-forecast rate usually supports the NZD, while a higher-than-forecast rate tends to weigh on it. This is because the market may then expect the RBNZ to ease policy more.
NZD NZ Employment Change (q/q)Employment Change q/q Forecast 0.4%Previous 0.5%

Forecast0.4%Previous0.5%

What it is
The quarterly change in the number of employed people in New Zealand, published by Stats NZ.
Why it matters
The job market shows how healthy the economy is and affects inflation pressure, which the Reserve Bank of New Zealand (RBNZ) weighs when setting interest rates. It is usually an important release for the NZD.
Usual market reaction
Prices react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the New Zealand dollar, as it may suggest the RBNZ is in less of a hurry to cut rates. A lower-than-forecast result tends to weigh on the NZD.
NZD Labour Cost Index (QoQ) – New ZealandLabor Cost Index q/q Forecast 0.5%Previous 0.7%

Forecast0.5%Previous0.7%

What it is
A quarterly release from Stats NZ that measures changes in the salaries and wages employers pay for the same work.
Why it matters
Rising wages can feed into inflation, so the Reserve Bank of New Zealand (RBNZ) follows it closely. Its importance is usually moderate.
Usual market reaction
Markets look at the actual figure compared with the forecast. A higher-than-forecast result may point to inflation pressure and suggest the RBNZ could keep interest rates high for longer, which usually supports the NZD. A lower-than-forecast result tends to weigh on the NZD.
NZD ANZ Commodity Prices (MoM) – New ZealandANZ Commodity Prices m/m Previous 0.6%

Previous0.6%

What it is
A monthly index from ANZ Bank that tracks changes in the prices of New Zealand's main export commodities, such as dairy, meat and forestry products.
Why it matters
New Zealand relies heavily on farm and commodity export income, so price changes reflect the country's earnings. Its importance is usually low to moderate.
Usual market reaction
Markets look at the actual figure compared with the forecast. A larger-than-expected rise in commodity prices tends to support the NZD because export income may improve, while a fall or a weaker-than-expected result tends to weigh on it. The reaction is usually modest.
AUD Australia Household Spending m/mHousehold Spending m/m Forecast 0.2%Previous 0.0%

Forecast0.2%Previous0.0%

What it is
This measures the monthly change in consumer spending by Australian households. It is published by the Australian Bureau of Statistics (ABS).
Why it matters
Household consumption is a large part of the Australian economy, so the data gives clues about economic strength and inflation pressure, which feed into RBA interest rate decisions. It is usually a medium-impact release.
Usual market reaction
Markets compare the actual figure with the forecast. Spending that is higher than forecast usually supports the Australian dollar (AUD), as it suggests a stronger economy and may make RBA rate cuts less likely. A lower-than-forecast result tends to weigh on AUD. The link to gold is usually not clear-cut.
CNY RatingDog Services PMI (China)RatingDog Services PMI Forecast 51.7Previous 51.6

Forecast51.7Previous51.6

What it is
This is a survey-based index of activity in China's private services sector, compiled by S&P Global (previously known as the Caixin PMI).
Why it matters
A reading above 50 indicates the services sector is expanding, and below 50 indicates contraction. Traders use it to gauge China's economy, which affects global sentiment. It is usually a medium-impact release.
Usual market reaction
Markets compare the actual figure with the forecast. A PMI higher than forecast usually supports the yuan (CNY) and China-sensitive assets such as the Australian dollar, while a lower reading tends to weigh on them. The effect on gold and Asian stock indices often follows overall risk sentiment.
USD ADP Non-Farm Employment Change Forecast 67KPrevious 90K

Forecast67KPrevious90K

What it is
A report on the monthly change in US private-sector jobs (excluding farms), published by the payroll company ADP based on its client payroll data.
Why it matters
It usually comes out before the official NFP report, so traders use it as a hint about the US labor market. Its record at predicting NFP is mixed, so its importance is usually moderate.
Usual market reaction
Prices react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the US dollar (USD) because it suggests a stronger economy, while a lower one tends to weigh on it. Gold often moves opposite to the dollar, so it may soften when the dollar firms and rise when the dollar weakens.
CAD Canada Trade BalanceTrade Balance Forecast 4.8BPrevious 4.2B

Forecast4.8BPrevious4.2B

What it is
The difference between the value of Canada's exports and imports of goods and services, published by Statistics Canada.
Why it matters
Canada relies heavily on exports, especially oil and commodities sold to the US, so this figure reflects demand for Canadian goods. Its importance is usually moderate.
Usual market reaction
Prices react to the actual figure compared with the forecast. A better-than-forecast balance (a larger surplus or smaller deficit) usually supports the Canadian dollar (CAD), while a worse one tends to weigh on it. Changes in oil prices can also influence exports and how CAD reacts.
USD US Trade BalanceTrade Balance Forecast -107.9BPrevious -105.6B

Forecast-107.9BPrevious-105.6B

What it is
The difference between the value of US exports and imports of goods and services, published by the US Census Bureau and the Bureau of Economic Analysis (BEA).
Why it matters
It shows foreign demand for US products and the demand for dollars needed to pay for them. Its impact is usually modest compared with key releases such as CPI or NFP.
Usual market reaction
Prices react to the actual figure compared with the forecast. A smaller-than-forecast deficit (a better number) usually supports the US dollar (USD), while a larger deficit tends to weigh on it. The effect on gold is often small, and gold generally moves opposite to the dollar.
USD US Final Services PMIFinal Services PMI Forecast 57.9Previous 57.9

Forecast57.9Previous57.9

What it is
A survey-based index of activity in the US services sector, compiled by S&P Global from responses by purchasing managers. The final reading revises the earlier flash estimate, and a value above 50 usually signals expansion.
Why it matters
Services make up most of the US economy, so traders use this to gauge economic momentum. The final figure is often close to the flash estimate, so its impact is usually moderate.
Usual market reaction
Markets react to the actual figure compared with the forecast. A higher-than-forecast result tends to support the US dollar, as it suggests a stronger economy and possibly rates staying higher for longer, while a lower result often weighs on it. Gold often moves in the opposite direction to the dollar, though other factors matter too.
USD ISM Services PMI (US)ISM Services PMI Forecast 54.8Previous 54.9

Forecast54.8Previous54.9

What it is
This is a survey of purchasing managers in the US services sector, produced by the Institute for Supply Management (ISM). A reading above 50 suggests the services sector is expanding, while below 50 suggests it is contracting.
Why it matters
Services make up most of the US economy, so this report helps show the economy's direction and price pressures. It is usually seen as a high to medium importance release.
Usual market reaction
Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast reading often supports the US dollar, since it points to a firmer economy and may make Fed rate cuts less likely soon, while a lower reading usually weighs on the dollar. Gold often moves in the opposite direction to the dollar in the short term, and stock indices can react differently depending on how the data changes interest rate expectations.
USD US Crude Oil InventoriesCrude Oil Inventories Forecast -1.7MPrevious -1.9M

Forecast-1.7MPrevious-1.9M

What it is
A weekly report from the US Energy Information Administration (EIA) showing the change in the amount of commercial crude oil stored in the US compared with the previous week.
Why it matters
It gives a snapshot of US oil supply and demand, and the US is one of the world's largest oil consumers and producers, so oil traders watch it closely. Its direct effect on currencies is usually smaller than major economic data.
Usual market reaction
Oil prices often react to the actual figure compared with the forecast. A larger-than-expected build (more supply) tends to weigh on oil prices, while a larger-than-expected draw usually supports them. The effect on the US dollar is typically indirect and modest, though oil prices can influence inflation expectations and oil-linked currencies.

Thursday 5 November 2026Today

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.
USD Challenger Job Cuts y/y Previous -19.9%

Previous-19.9%

What it is
Challenger, Gray & Christmas, a US employment consulting firm, publishes the number of job cuts announced by US employers. This figure shows the change compared with the same period a year earlier.
Why it matters
It offers a hint about whether the US labor market is weakening or staying strong, often ahead of jobs reports such as NFP. It is usually a low-to-medium importance release.
Usual market reaction
Traders usually compare the actual figure with the forecast or the previous reading. Higher-than-forecast job cuts tend to be read as a weaker labor market, which often weighs on the US dollar, while lower-than-forecast cuts usually support it. Gold often moves in the opposite direction to the dollar, so it may get support when the dollar weakens, although this link is not always consistent.
USD US Unemployment ClaimsUnemployment Claims Forecast 197KPrevious 194K

Forecast197KPrevious194K

What it is
This is a weekly figure showing how many people in the US filed for unemployment benefits for the first time. It is published by the US Department of Labor.
Why it matters
It is an early signal of how healthy the job market is, which the Fed considers when setting interest rates. The figure can swing from week to week, so it is usually of medium importance.
Usual market reaction
Prices tend to react to the actual figure compared with the forecast. This data works in reverse: a lower-than-forecast number suggests a stronger job market and usually supports the US dollar, while a higher-than-forecast number suggests a weaker one and often weighs on the dollar. Gold often moves opposite to the dollar in the short term.
USD Preliminary Unit Labor Costs q/qPrelim Unit Labor Costs q/q Forecast 0.3%Previous 1.3%

Forecast0.3%Previous1.3%

What it is
The US Bureau of Labor Statistics (BLS) publishes this figure, which measures the change in labor costs needed to produce one unit of output compared with the previous quarter. It is usually released together with labor productivity data.
Why it matters
Fast-rising labor costs can add pressure on inflation, which the Fed considers when setting interest rates. It is usually a medium-importance release.
Usual market reaction
Traders usually compare the actual figure with the forecast. A higher-than-forecast result tends to be read as more inflation pressure and may lead markets to expect rates to stay higher for longer, which often supports the US dollar, while a lower result usually weighs on it. Gold often moves opposite to the dollar and bond yields, so it may soften when the dollar strengthens, but because this figure is often revised later, the reaction is usually moderate.
USD US Preliminary Nonfarm Productivity q/qPrelim Nonfarm Productivity q/q Forecast 2.8%Previous 1.4%

Forecast2.8%Previous1.4%

What it is
This measures how much output US workers produce per hour worked. It is published by the US Bureau of Labor Statistics (BLS) as a preliminary quarterly figure.
Why it matters
Traders watch it because it reflects how efficiently the economy is running and ties into labor costs and inflation. It is usually of medium importance.
Usual market reaction
Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast result is often read as a sign of a healthy economy and usually supports the US dollar, while a lower result tends to weigh on it. The reaction can be mixed because traders also look at unit labor costs released alongside it. Gold often moves in the opposite direction to the dollar.
USD FOMC Member Hammack Speaks
What it is
Beth Hammack is the president of the Cleveland Federal Reserve Bank and takes part in FOMC meetings, which set US interest rate policy.
Why it matters
Comments from FOMC participants help the market guess where interest rates may head next. The importance usually depends on the speaker's influence and what is said.
Usual market reaction
Traders listen for hints about interest rates, inflation and the job market. A hawkish tone (leaning toward higher or longer-held rates) tends to support the US dollar and may weigh on gold, while a dovish tone (leaning toward rate cuts) often pressures the dollar and may support gold. Moves are usually modest unless the speech contains something new.
USD FOMC Member Barkin Speaks
What it is
Tom Barkin is the president of the Richmond Federal Reserve Bank and takes part in FOMC meetings, which set US interest rate policy.
Why it matters
Traders watch because his remarks can reveal views on the economy and interest rates, helping the market gauge Fed policy. The importance is usually low to medium.
Usual market reaction
Traders listen for hints about rates, inflation and the labor market. A hawkish tone tends to support the US dollar and may weigh on gold, while a dovish tone often pressures the dollar and may support gold. If there is nothing new, the market reaction is usually small.
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.
USD US Natural Gas StorageNatural Gas Storage Forecast 81BPrevious 80B

Forecast81BPrevious80B

What it is
A weekly report from the US Energy Information Administration (EIA) showing how much natural gas is held in underground storage in the US and how that changed from the previous week.
Why it matters
Energy traders use it to judge the balance between natural gas supply and demand, so it mainly affects natural gas prices. Its impact on currencies and broader markets is usually limited.
Usual market reaction
Prices tend to react to the actual figure compared with the forecast. A bigger-than-expected build (or a smaller-than-expected draw) suggests more supply and usually weighs on natural gas prices, while a smaller build or larger draw often supports them. The effect on the US dollar and gold is generally small.

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.
USD FOMC Member Williams Speaks
What it is
John Williams, President of the New York Fed and Vice Chair of the FOMC, gives a public speech or interview.
Why it matters
He is a key voice on the FOMC, which sets US interest rates, so his comments are often watched for hints about the policy path.
Usual market reaction
Traders listen for clues about interest rates, inflation and the labour market. A hawkish tone, or hints that rates may stay high for longer, usually supports the US dollar and can weigh on gold and stock indices, while a dovish tone tends to do the opposite. Markets usually react to surprises versus what was expected, not to every remark.
CAD Canada Employment ChangeEmployment Change Forecast 14.6KPrevious -68.3K

Forecast14.6KPrevious-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 Canada Unemployment RateUnemployment Rate Forecast 6.5%Previous 6.5%

Forecast6.5%Previous6.5%

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.
USD Average Hourly Earnings m/m Forecast 0.3%Previous 0.1%

Forecast0.3%Previous0.1%

What it is
This shows how much average hourly pay for US workers changed compared with the previous month. It is published by the US Bureau of Labor Statistics (BLS) alongside the NFP jobs report.
Why it matters
Rising wages can push up prices, so this figure is linked to the Fed's interest rate decisions. It is usually considered a very important release.
Usual market reaction
Markets tend to react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the US dollar (USD), while a lower one usually weighs on it. Gold often moves in the opposite direction to the dollar, so a stronger dollar tends to pressure gold.
USD Non-Farm Payrolls (NFP)Non-Farm Employment Change Forecast 65KPrevious 29K

Forecast65KPrevious29K

What it is
NFP shows how many jobs the US economy added or lost in the previous month, excluding farm work. It is published by the US Bureau of Labor Statistics (BLS).
Why it matters
The job market reflects the health of the US economy and influences the Federal Reserve's interest-rate decisions, so this is one of the most closely watched releases in the world.
Usual market reaction
Prices usually react to the actual figure compared with the forecast. A higher-than-forecast number tends to support the US dollar, as it points to a strong economy and may keep interest rates higher for longer; a lower-than-forecast number often weighs on the dollar. Gold often moves in the opposite direction to the dollar, and both currencies and US stock indices can be very volatile around the release.
USD US Unemployment RateUnemployment Rate Forecast 4.2%Previous 4.2%

Forecast4.2%Previous4.2%

What it is
The unemployment rate is the share of the US labour force that has no job but is actively looking for one. It is published by the US Bureau of Labor Statistics (BLS) together with the NFP report.
Why it matters
Employment is one of the Federal Reserve's two main goals alongside inflation, so this figure shapes expectations for interest rates and is closely watched.
Usual market reaction
Prices usually react to the actual figure compared with the forecast. A lower-than-forecast unemployment rate tends to support the US dollar because it signals a strong job market, while a higher-than-forecast rate often weighs on it. Gold often moves in the opposite direction to the dollar, so it may find support when the dollar weakens.
USD FOMC Member Musalem Speaks
What it is
A speech or interview by Alberto Musalem, President of the Federal Reserve Bank of St. Louis and a member of the FOMC.
Why it matters
The FOMC sets US interest rates, which affect markets worldwide, so comments from its members help traders read the policy direction. The importance is usually medium.
Usual market reaction
Traders usually listen for his views on inflation, jobs and the path of interest rates. Prices tend to react to his tone compared with what the market expects. A more hawkish tone than expected often supports the US dollar and tends to pressure gold, while a more dovish tone may weaken the dollar and often supports gold.
CAD Ivey PMI (Canada)Ivey PMI Forecast 57.7Previous 58.2

Forecast57.7Previous58.2

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.
USD UoM Consumer Sentiment (Preliminary)Prelim UoM Consumer Sentiment Forecast 48.1Previous 46.3

Forecast48.1Previous46.3

What it is
A survey of how American households feel about the economy and their own finances, produced by the University of Michigan. The preliminary reading usually comes out mid-month, followed by a final figure later.
Why it matters
Consumer spending is a large part of the US economy, and the survey also includes inflation expectations that the Fed pays attention to. It is usually a medium-impact release.
Usual market reaction
Markets usually compare the actual figure with the forecast. A higher-than-forecast reading tends to support the US dollar because confident consumers may spend more, while a lower reading often weighs on it. Gold sometimes moves in the opposite direction to the dollar, and the inflation expectations in the report can also shift views on interest rates.
USD Prelim UoM Inflation Expectations (US)Prelim UoM Inflation Expectations Previous 4.7%

Previous4.7%

What it is
A preliminary survey from the University of Michigan (UoM) asking US consumers how much they expect prices to rise, over both the next year and the longer term. The preliminary figure comes first and a final figure follows later.
Why it matters
The Federal Reserve (Fed) pays attention to what people expect for inflation because it can influence spending and price-setting, so this data can shape interest-rate expectations. Its importance is usually moderate to fairly high.
Usual market reaction
Markets usually compare the actual figure with the forecast. Higher-than-forecast inflation expectations may lead traders to think the Fed will keep rates high for longer, which tends to support the US dollar and bond yields and often weighs on gold. A lower-than-forecast figure usually has the opposite effect. Reactions tend to be stronger when the result differs a lot from expectations.

Saturday 7 November 2026

USD FOMC Member Bowman Speaks
What it is
A speech or interview by Michelle Bowman, a member of the Federal Reserve Board who serves as Vice Chair for Supervision and sits on the FOMC.
Why it matters
The FOMC sets US interest rates, and her comments can hint at her views on monetary policy and bank regulation. The importance is usually medium.
Usual market reaction
Traders usually listen for what she says about inflation, the jobs market and the chance of rate changes. Prices tend to react to her tone compared with market expectations. A more hawkish tone than expected often supports the US dollar and tends to pressure gold, while a more dovish tone may weaken the dollar and often supports gold. If she focuses mainly on bank regulation, the market reaction is often smaller.
USD Consumer Credit m/m Forecast 13.4BPrevious 8.3B

Forecast13.4BPrevious8.3B

What it is
A report from the US Federal Reserve showing how much consumer borrowing, such as credit cards and car loans, changed compared with the previous month.
Why it matters
It gives a hint of how willing Americans are to spend and borrow, and consumer spending is a big part of the US economy. Still, it is usually a lower-impact release for markets.
Usual market reaction
Prices react to the actual figure compared with the forecast. A higher-than-forecast result often points to strong spending and may give the US dollar slight support, while a lower one tends to weigh on it slightly. Moves in gold and stock indices from this release are usually modest.
NZD New Zealand Parliamentary ElectionsParliamentary Elections
What it is
A general election in which New Zealand voters choose members of Parliament, which determines which party or parties form the government.
Why it matters
The result can shape budget, tax and economic policy, so it affects investor confidence in the New Zealand dollar. It tends to matter more when the result is close.
Usual market reaction
Markets usually compare the outcome with expectations from polls and news. A clear result with policies the market views favourably may support the New Zealand dollar (NZD), while an unclear result or uncertainty often leads to volatility or weakness. The Reserve Bank of New Zealand sets rates independently, so the impact usually comes from sentiment rather than direct rate changes.

Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.