Economic calendar

07:00 AUD MI Inflation Gauge (m/m)MI Inflation Gauge m/m Previous 0.3%

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.

07:30 AUD Building Approvals (m/m)Building Approvals m/m Forecast 1.8%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.

12:30 AUD Australia Commodity Prices y/yCommodity Prices y/y Previous 15.5%

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.

16:30 GBP UK Final Manufacturing PMIFinal Manufacturing PMI Forecast 52.8Previous 52.8

What it is: A survey-based index of factory-sector conditions in the United Kingdom, compiled by S&P Global from purchasing managers at manufacturers. The final reading revises the earlier flash estimate.
Why it matters: It shows whether UK manufacturing is expanding or contracting, with 50 as the dividing line. The Bank of England may take the broader economic picture into account when thinking about interest rates, so it is usually of medium importance for the pound.
Usual market reaction: Prices usually react to the actual figure compared with the forecast. A higher-than-forecast result tends to support the pound, while a lower one tends to weigh on it. Final readings are often close to the flash estimate, so reactions are often modest unless the revision is large.

21:45 USD Final Manufacturing PMI (US)Final Manufacturing PMI Forecast 56.0Previous 56.0

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.

22:00 USD ISM Manufacturing PMI Forecast 54.5Previous 54.5

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.

22:00 USD ISM Manufacturing Prices Forecast 77.2Previous 77.9

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.

22:00 USD Construction Spending m/m (US)Construction Spending m/m Forecast 0.4%Previous 0.9%

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.

Monday 2 November 2026