Economic calendar
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Tuesday 3 November 2026
EUR French Government Budget BalanceFrench Gov Budget Balance Previous -159.6B
- What it is
- A figure showing whether the French central government is running a budget deficit or surplus over the period so far. It is published by France's finance ministry.
- Why it matters
- It gives a view of France's public finances, and France is one of the eurozone's largest economies. Markets usually give it fairly low importance unless worries about debt and deficits are in focus.
- Usual market reaction
- This release often has no clear forecast, so its effect on the euro (EUR) is usually small. A smaller deficit than expected may ease fiscal worries and give the euro slight support, while a larger one may dent confidence a little in the euro and in French bonds.
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.
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.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.