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.
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.