Economic calendar
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Wednesday 4 November 2026Today
JPY Monetary Base (YoY) – JapanMonetary Base y/y Forecast -14.0%Previous -15.2%
- What it is
- Data from the Bank of Japan (BoJ) showing the yearly change in the monetary base, which is the cash in circulation plus the deposits financial institutions hold at the BoJ.
- Why it matters
- It gives a sense of how much liquidity the BoJ is supplying and the direction of its policy, but its importance for markets is usually low.
- Usual market reaction
- Markets compare the actual figure with the forecast. Faster-than-expected growth may suggest looser policy and tends to weigh slightly on the JPY, while a lower-than-expected or negative figure may suggest less stimulus and often supports the JPY. The reaction is usually mild compared with BoJ meetings or speeches.
GBP UK Final Services PMIFinal Services PMI Forecast 53.1Previous 53.1
- 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.