Economic calendar
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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.
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.
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.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.