Economic calendar

Sunday 1 November 2026

— USD Daylight Saving Time Shift

Monday 2 November 2026

22:00 USD ISM Manufacturing PMI Forecast 54.5Previous 54.5

What it is: A survey index of purchasing managers in the US manufacturing sector, produced by the Institute for Supply Management (ISM). A reading above 50 usually signals expansion in manufacturing, while below 50 signals contraction.
Why it matters: It is one of the earliest signals of US economic health each month, released soon after the month ends. It is usually regarded as a high-importance release.
Usual market reaction: Markets tend to react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the US dollar (USD), while a lower one usually weighs on it. Gold often moves opposite to the dollar, and US stock indices may also react to a stronger or weaker economic picture.

Tuesday 3 November 2026

— JPY Bank Holiday

22:00 USD US JOLTS Job OpeningsJOLTS Job Openings Forecast 7.15MPrevious 7.08M

What it is: The Job Openings and Labor Turnover Survey (JOLTS) reports how many unfilled job openings there are in the United States. It is published by the US Bureau of Labor Statistics (BLS).
Why it matters: Traders use it to gauge how tight the labour market is, which the Federal Reserve considers when setting interest rates. It is usually of moderate to fairly high importance.
Usual market reaction: Prices tend to react to the actual figure compared with the forecast. Higher-than-forecast openings often point to a strong job market and can support the US dollar, while a lower figure usually weighs on it. Gold often moves in the opposite direction to the dollar and bond yields, so it may soften when USD strengthens and gain when USD weakens.

22:16 USD US Congressional ElectionsCongressional Elections

What it is: Elections for seats in the US House of Representatives and part of the Senate, held on a fixed schedule by federal and state authorities.
Why it matters: The result shows which party controls Congress, which can shape fiscal policy, taxes and government spending. Traders watch it, though it is usually less important than major economic data.
Usual market reaction: Markets do not react to a figure here but to whether the outcome matches expectations. If the result differs a lot from what was priced in, the US dollar may become more volatile as investors rethink fiscal policy and government borrowing. Gold and US stock indices often move with the dollar and overall risk mood.

Wednesday 4 November 2026Today

22:00 USD ISM Services PMI (US)ISM Services PMI Forecast 54.8Previous 54.9

What it is: This is a survey of purchasing managers in the US services sector, produced by the Institute for Supply Management (ISM). A reading above 50 suggests the services sector is expanding, while below 50 suggests it is contracting.
Why it matters: Services make up most of the US economy, so this report helps show the economy's direction and price pressures. It is usually seen as a high to medium importance release.
Usual market reaction: Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast reading often supports the US dollar, since it points to a firmer economy and may make Fed rate cuts less likely soon, while a lower reading usually weighs on the dollar. Gold often moves in the opposite direction to the dollar in the short term, and stock indices can react differently depending on how the data changes interest rate expectations.

Thursday 5 November 2026

19:00 GBP BOE Official Bank RateOfficial Bank Rate Forecast 4.00%Previous 3.75%

What it is: The main interest rate of the United Kingdom, set by the Bank of England's (BOE) Monetary Policy Committee.
Why it matters: It is one of the biggest drivers of the pound, because interest rates affect borrowing costs, inflation and capital flows.
Usual market reaction: Prices usually react to the actual rate compared with the forecast. A rate higher than expected, or a hawkish signal from the BOE, tends to support the pound, while a lower one often weighs on it. Gold is usually affected only indirectly, through moves in the US dollar. If the result matches expectations, the accompanying statement often matters more.

19:00 GBP BOE Monetary Policy SummaryMonetary Policy Summary

What it is: A document the Bank of England (BOE) publishes alongside its interest rate announcement, explaining the reasons for its decision and its view on inflation and the economy.
Why it matters: Traders read it to judge whether the BOE is leaning toward raising or cutting rates. It is usually considered highly important because it comes out with the rate decision.
Usual market reaction: Prices usually react to the wording compared with what the market expected. If the tone is more hawkish than expected, such as worry about inflation, the pound often gains support; if it is softer or hints at rate cuts, the pound tends to weaken. Pairs like GBP/USD can swing sharply when it is released.

19:00 GBP BOE Monetary Policy Report

What it is: A quarterly report from the Bank of England (BOE), released alongside its rate decision, with forecasts for inflation and economic growth.
Why it matters: It shows how the BOE sees the economy and inflation, which is linked to the future path of interest rates. It is usually a major event for the GBP.
Usual market reaction: Traders usually listen for hints about interest rates. Higher inflation forecasts or a firm tone often support the GBP, while weaker growth forecasts or a softer tone tend to weigh on it. Markets often react to what differs from expectations and can be volatile around the press conference.

19:00 GBP MPC Official Bank Rate Votes Forecast 7-0-2Previous 3-0-6

What it is: A breakdown of how each member of the BOE's Monetary Policy Committee (MPC) voted, for example to hold, raise or cut rates. It is released with the rate decision.
Why it matters: The vote split helps show where rates might go next. When members disagree strongly, the market usually pays closer attention.
Usual market reaction: Prices usually react to the votes compared with what the market expected. If more members vote to raise rates than forecast, the pound often gains support; if more vote to cut than expected, it tends to weaken. Traders often treat dissenting votes as a clue that policy may be changing direction.

19:30 GBP BOE Governor Bailey SpeaksBOE Gov Bailey Speaks

What it is: A speech or public comments by the Governor of the Bank of England (BOE), Andrew Bailey, on the economy, inflation and monetary policy.
Why it matters: The Governor is the most influential voice at the BOE, so his words are often used to read where interest rates may head. Its importance depends on the topic and timing.
Usual market reaction: Traders usually listen for hints about rate hikes or cuts and compare the tone with what the market expected. A more hawkish tone than expected tends to support the pound, while a softer tone or worry about slower growth often weighs on it. Prices can be volatile during the speech, especially in any question-and-answer session.

20:30 USD US Unemployment ClaimsUnemployment Claims Forecast 197KPrevious 194K

What it is: This is a weekly figure showing how many people in the US filed for unemployment benefits for the first time. It is published by the US Department of Labor.
Why it matters: It is an early signal of how healthy the job market is, which the Fed considers when setting interest rates. The figure can swing from week to week, so it is usually of medium importance.
Usual market reaction: Prices tend to react to the actual figure compared with the forecast. This data works in reverse: a lower-than-forecast number suggests a stronger job market and usually supports the US dollar, while a higher-than-forecast number suggests a weaker one and often weighs on the dollar. Gold often moves opposite to the dollar in the short term.

Friday 6 November 2026

20:30 USD Average Hourly Earnings m/m Forecast 0.3%Previous 0.1%

What it is: This shows how much average hourly pay for US workers changed compared with the previous month. It is published by the US Bureau of Labor Statistics (BLS) alongside the NFP jobs report.
Why it matters: Rising wages can push up prices, so this figure is linked to the Fed's interest rate decisions. It is usually considered a very important release.
Usual market reaction: Markets tend to react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the US dollar (USD), while a lower one usually weighs on it. Gold often moves in the opposite direction to the dollar, so a stronger dollar tends to pressure gold.

20:30 USD Non-Farm Payrolls (NFP)Non-Farm Employment Change Forecast 65KPrevious 29K

What it is: NFP shows how many jobs the US economy added or lost in the previous month, excluding farm work. It is published by the US Bureau of Labor Statistics (BLS).
Why it matters: The job market reflects the health of the US economy and influences the Federal Reserve's interest-rate decisions, so this is one of the most closely watched releases in the world.
Usual market reaction: Prices usually react to the actual figure compared with the forecast. A higher-than-forecast number tends to support the US dollar, as it points to a strong economy and may keep interest rates higher for longer; a lower-than-forecast number often weighs on the dollar. Gold often moves in the opposite direction to the dollar, and both currencies and US stock indices can be very volatile around the release.

20:30 USD US Unemployment RateUnemployment Rate Forecast 4.2%Previous 4.2%

What it is: The unemployment rate is the share of the US labour force that has no job but is actively looking for one. It is published by the US Bureau of Labor Statistics (BLS) together with the NFP report.
Why it matters: Employment is one of the Federal Reserve's two main goals alongside inflation, so this figure shapes expectations for interest rates and is closely watched.
Usual market reaction: Prices usually react to the actual figure compared with the forecast. A lower-than-forecast unemployment rate tends to support the US dollar because it signals a strong job market, while a higher-than-forecast rate often weighs on it. Gold often moves in the opposite direction to the dollar, so it may find support when the dollar weakens.

22:00 USD UoM Consumer Sentiment (Preliminary)Prelim UoM Consumer Sentiment Forecast 48.1Previous 46.3

What it is: A survey of how American households feel about the economy and their own finances, produced by the University of Michigan. The preliminary reading usually comes out mid-month, followed by a final figure later.
Why it matters: Consumer spending is a large part of the US economy, and the survey also includes inflation expectations that the Fed pays attention to. It is usually a medium-impact release.
Usual market reaction: Markets usually compare the actual figure with the forecast. A higher-than-forecast reading tends to support the US dollar because confident consumers may spend more, while a lower reading often weighs on it. Gold sometimes moves in the opposite direction to the dollar, and the inflation expectations in the report can also shift views on interest rates.

22:00 USD Prelim UoM Inflation Expectations (US)Prelim UoM Inflation Expectations Previous 4.7%

What it is: A preliminary survey from the University of Michigan (UoM) asking US consumers how much they expect prices to rise, over both the next year and the longer term. The preliminary figure comes first and a final figure follows later.
Why it matters: The Federal Reserve (Fed) pays attention to what people expect for inflation because it can influence spending and price-setting, so this data can shape interest-rate expectations. Its importance is usually moderate to fairly high.
Usual market reaction: Markets usually compare the actual figure with the forecast. Higher-than-forecast inflation expectations may lead traders to think the Fed will keep rates high for longer, which tends to support the US dollar and bond yields and often weighs on gold. A lower-than-forecast figure usually has the opposite effect. Reactions tend to be stronger when the result differs a lot from expectations.

23:00 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.