Economic calendar

04:00 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.

14:00 GBP UK Lloyds House Price Index m/mLloyds HPI m/m Forecast 0.0%Previous 0.0%

What it is: This index measures the monthly change in UK house prices compared with the previous month, based on mortgage data from Lloyds Banking Group.
Why it matters: House prices reflect consumer strength, borrowing demand and the effect of interest rates on the UK economy. The release is usually of low to medium importance for the market.
Usual market reaction: Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast rise in house prices usually gives the pound slight support, as it may point to firm demand, while a lower result tends to weigh on it slightly. Moves are often small unless the surprise is large.

15:00 CHF Swiss Foreign Currency ReservesForeign Currency Reserves Previous 770B

What it is: A monthly figure published by the Swiss National Bank (SNB) showing the value of foreign currency assets it holds.
Why it matters: Traders watch it for clues on whether the SNB may be intervening in the currency market to limit the Swiss franc's strength. It usually has a fairly small market impact.
Usual market reaction: Markets tend to compare the actual figure with the forecast. Reserves higher than forecast may suggest the SNB bought more foreign currency to hold back the franc, which can slightly weigh on CHF, while a lower figure may be read the opposite way. However, the number is also affected by changes in asset values, so the signal is often unclear.

15:00 CHF SECO Consumer Climate Forecast -35Previous -36

What it is: A quarterly survey by Switzerland's State Secretariat for Economic Affairs (SECO) asking households about the economy, their own finances and job security.
Why it matters: Consumer confidence gives a clue about whether people may spend more or less, which affects economic growth. It is usually seen as a low-to-medium importance release.
Usual market reaction: Markets tend to compare the actual reading with the forecast. A higher-than-forecast reading, showing more optimism, usually supports CHF slightly, while a lower one tends to weigh on the franc. The reaction is often modest.

18:00 CHF SNB Governing Board Member Tschudin SpeaksGov Board Member Tschudin Speaks

What it is: A speech or interview by Petra Tschudin, a member of the Governing Board of the Swiss National Bank (SNB).
Why it matters: Comments from policymakers can hint at the direction of interest rates and the central bank's view on the Swiss franc. The importance is usually low to medium unless she signals something different from market expectations.
Usual market reaction: Traders usually listen for remarks on inflation, interest rates or the strength of the franc. Prices tend to react to her tone compared with what the market already expects. If she sounds more hawkish than expected, CHF often gains support, while a more dovish tone may weigh on it. Often there is nothing new and the reaction can be small.

19:15 GBP MPC Member Pill Speaks

What it is: A speech or interview by Huw Pill, Chief Economist of the Bank of England (BoE) and a member of its Monetary Policy Committee (MPC).
Why it matters: MPC members vote on UK interest rates, so their comments help the market judge the BoE's likely stance. The importance is usually medium.
Usual market reaction: Traders usually listen for his views on inflation and the jobs market, and whether he leans toward holding or cutting rates. Prices tend to react to his tone compared with market expectations. A more hawkish tone than expected often supports GBP, while a more dovish one may weigh on it.

20:30 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.

20:30 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.

22:00 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.

Friday 6 November 2026