Economic calendar
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Wednesday 4 November 2026
AUD Australia Household Spending m/mHousehold Spending m/m Forecast 0.2%Previous 0.0%
Forecast0.2%Previous0.0%
- What it is
- This measures the monthly change in consumer spending by Australian households. It is published by the Australian Bureau of Statistics (ABS).
- Why it matters
- Household consumption is a large part of the Australian economy, so the data gives clues about economic strength and inflation pressure, which feed into RBA interest rate decisions. It is usually a medium-impact release.
- Usual market reaction
- Markets compare the actual figure with the forecast. Spending that is higher than forecast usually supports the Australian dollar (AUD), as it suggests a stronger economy and may make RBA rate cuts less likely. A lower-than-forecast result tends to weigh on AUD. The link to gold is usually not clear-cut.
GBP UK Final Services PMIFinal Services PMI Forecast 53.1Previous 53.1
Forecast53.1Previous53.1
- What it is
- A survey of purchasing managers at British service companies, published by S&P Global and CIPS. The final reading revises the flash (preliminary) estimate released earlier.
- Why it matters
- Services make up most of the UK economy, so traders use it to gauge economic health; a reading above 50 usually signals expansion. The final figure usually has a moderate impact because the flash estimate is already known.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the pound (GBP), while a lower one tends to weigh on it. If the final number differs a lot from the flash estimate, the move can be larger.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.