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.
Monday 2 November 2026
CHF Swiss Retail Sales y/yRetail Sales y/y Forecast 3.0%Previous 3.2%
- What it is
- The change in retail sales in Switzerland compared with the same period a year earlier, published by the Swiss Federal Statistical Office (FSO).
- Why it matters
- It shows how strong domestic consumer spending is, which ties into growth and inflation. The impact on markets is usually fairly small.
- Usual market reaction
- Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast result usually gives slight support to the Swiss franc (CHF), as it points to a healthy domestic economy, while a lower result tends to weigh on it. The franc is often driven more by global risk sentiment and Swiss National Bank signals.
CHF Swiss Manufacturing PMIManufacturing PMI Forecast 55.3Previous 55.3
- What it is
- A monthly survey of purchasing managers in Switzerland's manufacturing sector, published by procure.ch. A reading above 50 suggests expansion, while below 50 suggests contraction.
- Why it matters
- It helps gauge the health of Swiss industry, which relies heavily on exports. It is generally of moderate importance.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the Swiss franc (CHF), while a lower one tends to weigh on it. However, the franc is often seen as a safe haven, so it may respond more to global risk mood than to this release alone.
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.
Tuesday 3 November 2026
NZD NZ Building Consents m/mBuilding Consents m/m Previous 5.6%
- 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.
CHF Swiss CPI m/mCPI m/m Forecast 0.0%Previous 0.0%
- What it is
- The Consumer Price Index (CPI) measures the monthly change in the prices of goods and services bought by households in Switzerland. It is published by the Swiss Federal Statistical Office (FSO).
- Why it matters
- Traders watch it because it is a key inflation gauge that the Swiss National Bank (SNB) considers when setting interest rates. It is usually of moderate importance for the Swiss franc.
- Usual market reaction
- Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast reading usually supports the franc, as markets may expect the SNB to be slower to cut rates, while a lower reading often weighs on CHF. The reaction is often milder than for major US data.
GBP UK 10-Year Gilt Auction10-y Bond Auction Previous 5.42|3.6
- What it is
- The UK Debt Management Office (DMO) auctions 10-year government bonds (gilts) to raise money for the government.
- Why it matters
- The result shows how much demand there is for UK government debt and what it costs the country to borrow. It is usually of medium to fairly low importance, unless markets are worried about public debt.
- Usual market reaction
- Traders often look at the average yield and the bid-to-cover ratio compared with recent auctions and expectations. Stronger-than-expected demand tends to support confidence in gilts and the pound, while weak demand can push yields up and make the pound more volatile. The reaction is usually modest.
NZD GDT Price Index (Global Dairy Trade)GDT Price Index Previous 2.5%
- 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%
- 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.
Wednesday 4 November 2026Today
NZD NZ Unemployment RateUnemployment Rate Forecast 5.5%Previous 5.6%
- 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%
- 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%
- 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%
- 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.
GBP UK Final Services PMIFinal Services PMI Forecast 53.1Previous 53.1
- What it is
- A survey of purchasing managers at British service companies, published by S&P Global and CIPS. The final reading revises the flash (preliminary) estimate released earlier.
- Why it matters
- Services make up most of the UK economy, so traders use it to gauge economic health; a reading above 50 usually signals expansion. The final figure usually has a moderate impact because the flash estimate is already known.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the pound (GBP), while a lower one tends to weigh on it. If the final number differs a lot from the flash estimate, the move can be larger.
Thursday 5 November 2026
CHF Swiss Unemployment RateUnemployment Rate Forecast 3.1%Previous 3.1%
- What it is
- This shows the share of the Swiss labour force that is out of work. It is published monthly by the State Secretariat for Economic Affairs (SECO).
- Why it matters
- Traders use it to gauge the health of the Swiss labour market and economy, which can influence the Swiss National Bank's (SNB) view on interest rates. It is usually of medium importance.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A higher-than-forecast unemployment rate is often read as a weaker economy and tends to weigh on the Swiss franc (CHF), while a lower-than-forecast figure usually supports it. The reaction is often modest compared with inflation data or central bank meetings.
GBP UK Construction PMIConstruction PMI Forecast 46.4Previous 46.1
- What it is
- This is a survey-based index of purchasing managers at UK construction companies. It is compiled by S&P Global and CIPS.
- Why it matters
- A reading above 50 usually signals the construction sector is expanding, while below 50 suggests contraction. Traders use it as a clue to UK economic momentum, though it is generally less important than the services and manufacturing PMIs.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A PMI above the forecast is often read as a sign of a stronger economy and tends to support the pound (GBP), while a lower one usually weighs on it. The reaction is often light to moderate.
GBP BOE Official Bank RateOfficial Bank Rate Forecast 4.00%Previous 3.75%
- What it is
- The main interest rate of the United Kingdom, set by the Bank of England's (BOE) Monetary Policy Committee.
- Why it matters
- It is one of the biggest drivers of the pound, because interest rates affect borrowing costs, inflation and capital flows.
- Usual market reaction
- Prices usually react to the actual rate compared with the forecast. A rate higher than expected, or a hawkish signal from the BOE, tends to support the pound, while a lower one often weighs on it. Gold is usually affected only indirectly, through moves in the US dollar. If the result matches expectations, the accompanying statement often matters more.
GBP BOE Monetary Policy Report
- What it is
- A quarterly report from the Bank of England (BOE), released alongside its rate decision, with forecasts for inflation and economic growth.
- Why it matters
- It shows how the BOE sees the economy and inflation, which is linked to the future path of interest rates. It is usually a major event for the GBP.
- Usual market reaction
- Traders usually listen for hints about interest rates. Higher inflation forecasts or a firm tone often support the GBP, while weaker growth forecasts or a softer tone tend to weigh on it. Markets often react to what differs from expectations and can be volatile around the press conference.
GBP BOE Monetary Policy SummaryMonetary Policy Summary
- What it is
- A document the Bank of England (BOE) publishes alongside its interest rate announcement, explaining the reasons for its decision and its view on inflation and the economy.
- Why it matters
- Traders read it to judge whether the BOE is leaning toward raising or cutting rates. It is usually considered highly important because it comes out with the rate decision.
- Usual market reaction
- Prices usually react to the wording compared with what the market expected. If the tone is more hawkish than expected, such as worry about inflation, the pound often gains support; if it is softer or hints at rate cuts, the pound tends to weaken. Pairs like GBP/USD can swing sharply when it is released.
GBP MPC Official Bank Rate Votes Forecast 7-0-2Previous 3-0-6
- What it is
- A breakdown of how each member of the BOE's Monetary Policy Committee (MPC) voted, for example to hold, raise or cut rates. It is released with the rate decision.
- Why it matters
- The vote split helps show where rates might go next. When members disagree strongly, the market usually pays closer attention.
- Usual market reaction
- Prices usually react to the votes compared with what the market expected. If more members vote to raise rates than forecast, the pound often gains support; if more vote to cut than expected, it tends to weaken. Traders often treat dissenting votes as a clue that policy may be changing direction.
GBP BOE Governor Bailey SpeaksBOE Gov Bailey Speaks
- What it is
- A speech or public comments by the Governor of the Bank of England (BOE), Andrew Bailey, on the economy, inflation and monetary policy.
- Why it matters
- The Governor is the most influential voice at the BOE, so his words are often used to read where interest rates may head. Its importance depends on the topic and timing.
- Usual market reaction
- Traders usually listen for hints about rate hikes or cuts and compare the tone with what the market expected. A more hawkish tone than expected tends to support the pound, while a softer tone or worry about slower growth often weighs on it. Prices can be volatile during the speech, especially in any question-and-answer session.
CHF SNB Chairman Schlegel Speaks
- What it is
- This is a public speech or set of remarks by Martin Schlegel, Chairman of the Swiss National Bank (SNB), which is Switzerland's central bank.
- Why it matters
- A central bank chief's comments can offer clues about interest rates, monetary policy and the central bank's view of the Swiss franc. Traders follow it, and its importance usually depends on what is said.
- Usual market reaction
- Traders usually listen for hints about rate changes, views on inflation or possible action on the currency. If the tone is firmer than the market expects, the Swiss franc often strengthens, while a softer tone than expected tends to weigh on it. Gold sometimes draws attention when the franc moves sharply, as both are often seen as safe-haven assets.
Friday 6 November 2026
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.
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.
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.
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.
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.
Saturday 7 November 2026
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.