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.
Wednesday 4 November 2026
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.
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.
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.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.