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.
Friday 6 November 2026Today
EUR Bundesbank President Nagel SpeaksGerman Buba President Nagel Speaks
- What it is
- Joachim Nagel, president of Germany's central bank (the Bundesbank), speaks publicly. He is also a member of the ECB Governing Council, which sets interest rate policy for the eurozone.
- Why it matters
- Traders listen for hints about the future direction of ECB interest rates. The importance depends on what is said, and it is often greater when an ECB meeting is near.
- Usual market reaction
- Hawkish comments, such as worry about inflation or support for keeping rates high, tend to support the euro. Dovish comments, such as openness to rate cuts, tend to weigh on it. Markets often care more about a change in tone than about repeated views.
EUR ECB President Lagarde Speaks
- What it is
- Christine Lagarde, President of the European Central Bank (ECB), gives a speech or answers questions at an event, usually discussing the eurozone economy and monetary policy.
- Why it matters
- The ECB sets eurozone interest rates, so the President's words are often watched closely, especially for fresh hints about the direction of rates.
- Usual market reaction
- Traders usually listen for her view on inflation and growth and for any hint about whether rates may be raised, held or cut. A hawkish tone often supports the euro, while a dovish tone tends to weigh on it. Prices usually react to how the message differs from what the market already expected, and if nothing new is said the move may be small.
JPY Japan Average Cash Earnings y/yAverage Cash Earnings y/y Forecast 3.8%Previous 3.8%
Forecast3.8%Previous3.8%
- What it is
- This measures the change in average total pay for workers in Japan, including bonuses and overtime, compared with a year earlier. It is published by Japan's Ministry of Health, Labour and Welfare.
- Why it matters
- The Bank of Japan (BoJ) watches wages because sustained pay growth supports inflation and can influence interest rate decisions. The release is usually of medium to high importance for JPY pairs.
- Usual market reaction
- Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the yen, as markets may see a greater chance of a BoJ rate hike, while a lower one usually weighs on it. The reaction can vary depending on what else is going on in the market.
EUR German Industrial Production m/m Forecast 0.0%Previous 2.0%
Forecast0.0%Previous2.0%
- What it is
- This measures the monthly change in output from Germany's factories, energy producers and other industry compared with the previous month. It is published by Germany's federal statistics office, Destatis.
- Why it matters
- Germany is the largest economy in the eurozone and relies heavily on manufacturing, so this figure helps show the health of both the German and eurozone economies. It is usually of medium importance.
- Usual market reaction
- Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the euro and may help German stocks, while a lower one usually weighs on the euro. The figure often swings from month to month, so the reaction is not always strong.
GBP UK Lloyds House Price Index m/mLloyds HPI m/m Forecast 0.0%Previous 0.0%
Forecast0.0%Previous0.0%
- 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.
EUR French Trade Balance Forecast -5.8BPrevious -6.1B
Forecast-5.8BPrevious-6.1B
- What it is
- This is the monthly gap between the value of France's exports and imports of goods, published by French customs. Exports above imports give a surplus, while the reverse gives a deficit.
- Why it matters
- The trade balance shows foreign demand for French goods and how competitive they are. Markets usually give it fairly low weight compared with eurozone inflation or jobs data.
- Usual market reaction
- Prices tend to react to the actual figure compared with the forecast. A better-than-forecast balance, such as a smaller deficit, usually gives the euro slight support, while a worse result tends to weigh on it slightly. The effect is generally limited.
CHF Swiss Foreign Currency ReservesForeign Currency Reserves Previous 770B
Previous770B
- 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
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.
EUR Eurozone Retail Sales m/mRetail Sales m/m Forecast -0.1%Previous 0.1%
Forecast-0.1%Previous0.1%
- What it is
- A figure published by Eurostat, the EU's statistics office, showing the month-on-month change in the volume of retail sales across the eurozone.
- Why it matters
- Consumer spending is a big part of the economy, so this release helps gauge economic health. It usually has a medium level of importance for EUR.
- Usual market reaction
- Markets tend to compare the actual figure with the forecast. Retail sales higher than forecast usually support the euro because they suggest stronger spending, while a lower figure tends to weigh on it. The reaction can be larger if the data changes expectations about ECB interest rates.
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.
JPY BOJ Governor Ueda SpeaksBOJ Gov Ueda Speaks
- What it is
- Kazuo Ueda, Governor of the Bank of Japan (BOJ), gives a speech or public remarks about the economy and monetary policy.
- Why it matters
- The governor guides Japan's interest rate policy, so traders watch his words closely. It is usually seen as a high-importance event.
- Usual market reaction
- Traders usually listen for hints about whether the BOJ may raise interest rates or keep policy loose. If the tone is more hawkish than the market expects, the yen (JPY) often strengthens; if it is more dovish than expected, the yen tends to weaken. Prices can move sharply while he is speaking.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.