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.
Monday 2 November 2026
JPY Japan Manufacturing PMI (Final)Final Manufacturing PMI Forecast 53.3Previous 53.3
Forecast53.3Previous53.3
- What it is
- An index based on surveys of purchasing managers at Japanese factories about orders, output and hiring, compiled by S&P Global. The final reading is a revision of the earlier flash estimate.
- Why it matters
- A reading above 50 usually signals that manufacturing is expanding, and below 50 that it is shrinking. It is an early signal of economic health, but the final figure often matters less when it is close to the flash estimate.
- Usual market reaction
- Markets usually compare the actual figure with the forecast, which is often close to the flash number. A higher-than-forecast result tends to give the yen slight support as it points to a stronger economy, while a lower one often weighs on it. The reaction is usually smaller than for Bank of Japan announcements.
CNY China RatingDog Manufacturing PMIRatingDog Manufacturing PMI Forecast 52.0Previous 52.1
Forecast52.0Previous52.1
- What it is
- A survey of purchasing managers at private Chinese factories, compiled by S&P Global (formerly known as the Caixin PMI). A reading above 50 means the manufacturing sector is expanding, and below 50 means it is contracting.
- Why it matters
- It is one of the first monthly readings on the health of China's economy, so traders watch it closely. Its importance is usually moderate.
- Usual market reaction
- Prices tend to react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the yuan and commodity-linked currencies such as the AUD, and often helps stock market sentiment. A lower-than-forecast result usually weighs on them.
GBP UK Final Manufacturing PMIFinal Manufacturing PMI Forecast 52.8Previous 52.8
Forecast52.8Previous52.8
- What it is
- A survey-based index of factory-sector conditions in the United Kingdom, compiled by S&P Global from purchasing managers at manufacturers. The final reading revises the earlier flash estimate.
- Why it matters
- It shows whether UK manufacturing is expanding or contracting, with 50 as the dividing line. The Bank of England may take the broader economic picture into account when thinking about interest rates, so it is usually of medium importance for the pound.
- Usual market reaction
- Prices usually react to the actual figure compared with the forecast. A higher-than-forecast result tends to support the pound, while a lower one tends to weigh on it. Final readings are often close to the flash estimate, so reactions are often modest unless the revision is large.
Tuesday 3 November 2026
NZD NZ Building Consents m/mBuilding Consents m/m Previous 5.6%
Previous5.6%
- 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.
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JPY
Bank Holiday
GBP UK 10-Year Gilt Auction10-y Bond Auction Previous 5.42|3.6
Previous5.42|3.6
- What it is
- The UK Debt Management Office (DMO) auctions 10-year government bonds (gilts) to raise money for the government.
- Why it matters
- The result shows how much demand there is for UK government debt and what it costs the country to borrow. It is usually of medium to fairly low importance, unless markets are worried about public debt.
- Usual market reaction
- Traders often look at the average yield and the bid-to-cover ratio compared with recent auctions and expectations. Stronger-than-expected demand tends to support confidence in gilts and the pound, while weak demand can push yields up and make the pound more volatile. The reaction is usually modest.
NZD GDT Price Index (Global Dairy Trade)GDT Price Index Previous 2.5%
Previous2.5%
- 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%
Previous2.5%
- 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.
Wednesday 4 November 2026
NZD NZ Unemployment RateUnemployment Rate Forecast 5.5%Previous 5.6%
Forecast5.5%Previous5.6%
- What it is
- The share of people actively looking for work compared with New Zealand's total labour force, published quarterly by Stats NZ.
- Why it matters
- It is a key job-market gauge that the RBNZ considers when deciding on interest rates, so it is usually an important release for the NZD.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. Here a lower number means a stronger job market, so a lower-than-forecast rate usually supports the NZD, while a higher-than-forecast rate tends to weigh on it. This is because the market may then expect the RBNZ to ease policy more.
NZD NZ Employment Change (q/q)Employment Change q/q Forecast 0.4%Previous 0.5%
Forecast0.4%Previous0.5%
- What it is
- The quarterly change in the number of employed people in New Zealand, published by Stats NZ.
- Why it matters
- The job market shows how healthy the economy is and affects inflation pressure, which the Reserve Bank of New Zealand (RBNZ) weighs when setting interest rates. It is usually an important release for the NZD.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A higher-than-forecast result usually supports the New Zealand dollar, as it may suggest the RBNZ is in less of a hurry to cut rates. A lower-than-forecast result tends to weigh on the NZD.
NZD Labour Cost Index (QoQ) – New ZealandLabor Cost Index q/q Forecast 0.5%Previous 0.7%
Forecast0.5%Previous0.7%
- What it is
- A quarterly release from Stats NZ that measures changes in the salaries and wages employers pay for the same work.
- Why it matters
- Rising wages can feed into inflation, so the Reserve Bank of New Zealand (RBNZ) follows it closely. Its importance is usually moderate.
- Usual market reaction
- Markets look at the actual figure compared with the forecast. A higher-than-forecast result may point to inflation pressure and suggest the RBNZ could keep interest rates high for longer, which usually supports the NZD. A lower-than-forecast result tends to weigh on the NZD.
JPY Monetary Base (YoY) – JapanMonetary Base y/y Forecast -14.0%Previous -15.2%
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.
NZD ANZ Commodity Prices (MoM) – New ZealandANZ Commodity Prices m/m Previous 0.6%
Previous0.6%
- What it is
- A monthly index from ANZ Bank that tracks changes in the prices of New Zealand's main export commodities, such as dairy, meat and forestry products.
- Why it matters
- New Zealand relies heavily on farm and commodity export income, so price changes reflect the country's earnings. Its importance is usually low to moderate.
- Usual market reaction
- Markets look at the actual figure compared with the forecast. A larger-than-expected rise in commodity prices tends to support the NZD because export income may improve, while a fall or a weaker-than-expected result tends to weigh on it. The reaction is usually modest.
CNY RatingDog Services PMI (China)RatingDog Services PMI Forecast 51.7Previous 51.6
Forecast51.7Previous51.6
- What it is
- This is a survey-based index of activity in China's private services sector, compiled by S&P Global (previously known as the Caixin PMI).
- Why it matters
- A reading above 50 indicates the services sector is expanding, and below 50 indicates contraction. Traders use it to gauge China's economy, which affects global sentiment. It is usually a medium-impact release.
- Usual market reaction
- Markets compare the actual figure with the forecast. A PMI higher than forecast usually supports the yuan (CNY) and China-sensitive assets such as the Australian dollar, while a lower reading tends to weigh on them. The effect on gold and Asian stock indices often follows overall risk sentiment.
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.
Thursday 5 November 2026
JPY BoJ Monetary Policy Meeting MinutesMonetary Policy Meeting Minutes
- What it is
- A summary of the discussions at the Bank of Japan's previous monetary policy meeting, published some time after the meeting. It shows what board members said about the economy, inflation and interest rates.
- Why it matters
- Traders read it for clues about when the BoJ might change policy or interest rates. Its importance is usually moderate, and it can matter more when markets are focused on a possible policy shift.
- Usual market reaction
- There is no single number to compare, so traders look at whether the tone is more hawkish (leaning towards higher rates or less stimulus) or more dovish than expected. A hawkish tone often supports the yen, while a cautious tone with ongoing easy policy tends to weigh on it. Because the meeting has already happened, the reaction is often smaller than on the decision day.
JPY Japan 10-Year Bond Auction10-y Bond Auction Previous 3.10|3.8
Previous3.10|3.8
- What it is
- This is an auction in which Japan's Ministry of Finance sells 10-year government bonds to investors and financial institutions to raise funds for the government.
- Why it matters
- The result shows how strong demand is for Japanese government debt and where bond yields may be heading, which traders watch regularly. Its importance is usually moderate.
- Usual market reaction
- Markets often look at the bid-to-cover ratio and the average yield compared with the previous auction and expectations. Strong demand and higher yields tend to support the yen, while weak demand often pressures bond prices and can cause short-lived volatility. The usual link to gold or stock indices is not very clear-cut.
GBP UK Construction PMIConstruction PMI Forecast 46.4Previous 46.1
Forecast46.4Previous46.1
- What it is
- This is a survey-based index of purchasing managers at UK construction companies. It is compiled by S&P Global and CIPS.
- Why it matters
- A reading above 50 usually signals the construction sector is expanding, while below 50 suggests contraction. Traders use it as a clue to UK economic momentum, though it is generally less important than the services and manufacturing PMIs.
- Usual market reaction
- Prices react to the actual figure compared with the forecast. A PMI above the forecast is often read as a sign of a stronger economy and tends to support the pound (GBP), while a lower one usually weighs on it. The reaction is often light to moderate.
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.
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.
GBP MPC Official Bank Rate Votes Forecast 7-0-2Previous 3-0-6
Forecast7-0-2Previous3-0-6
- 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.
GBP BOE Official Bank RateOfficial Bank Rate Forecast 4.00%Previous 3.75%
Forecast4.00%Previous3.75%
- 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.
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.
Friday 6 November 2026Today
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.
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.
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.
Saturday 7 November 2026
NZD New Zealand Parliamentary ElectionsParliamentary Elections
- What it is
- A general election in which New Zealand voters choose members of Parliament, which determines which party or parties form the government.
- Why it matters
- The result can shape budget, tax and economic policy, so it affects investor confidence in the New Zealand dollar. It tends to matter more when the result is close.
- Usual market reaction
- Markets usually compare the outcome with expectations from polls and news. A clear result with policies the market views favourably may support the New Zealand dollar (NZD), while an unclear result or uncertainty often leads to volatility or weakness. The Reserve Bank of New Zealand sets rates independently, so the impact usually comes from sentiment rather than direct rate changes.
Calendar data from Forex Factory. Explanations are written by AI for education, not investment advice.