Forex Economic Calendar

RBA Assistant Governor Sarah Hunter speaks about economic trends and the forecasts that help inform Australian monetary policy. Her remarks can provide useful background on the data the Bank is watching.

Usual effect: A more hawkish tone than expected is generally good for the Australian dollar; a more dovish tone is generally bad for it.

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Canada CPI measures the monthly change in prices consumers pay for goods and services. It is one of the key reports used to judge how quickly inflation is changing.

Usual effect: An actual figure above the forecast is generally good for the Canadian dollar; a figure below the forecast is generally bad for it.

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CPI-median is a Canadian inflation measure that looks at the middle of the distribution of price changes across CPI components. It is designed to reduce the influence of extreme price movements.

Usual effect: An actual figure above the forecast is generally good for the Canadian dollar; a figure below the forecast is generally bad for it.

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CPI-trim is a Canadian inflation measure that removes components with the most extreme price changes before estimating underlying inflation. It helps smooth out temporary price swings.

Usual effect: An actual figure above the forecast is generally good for the Canadian dollar; a figure below the forecast is generally bad for it.

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The UK Unemployment Rate shows the share of the labour force without a job and looking for work, measured over a three-month period. It is part of the ONS labour market release.

Usual effect: An actual figure below the forecast is generally good for the pound; a figure above the forecast is generally bad for it.

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UK Average Earnings measures how pay has changed over the latest three months compared with the same period a year earlier. The report can include bonuses, which sometimes add volatility.

Usual effect: An actual figure above the forecast is generally good for the pound; a figure below the forecast is generally bad for it.

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Claimant Count Change measures the monthly change in the number of people claiming unemployment-related benefits in the UK. It is a timely, but not complete, measure of labour market conditions.

Usual effect: An actual figure below the forecast is generally good for the pound; a figure above the forecast is generally bad for it.

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The Empire State Manufacturing Index comes from a monthly New York Fed survey of manufacturers in New York State. It asks businesses about current activity, orders, employment and other conditions.

Usual effect: An actual figure above the forecast is generally good for the US dollar; a figure below the forecast is generally bad for it.

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UK CPI measures the annual change in prices paid by consumers across a broad range of goods and services. The Office for National Statistics publishes the report monthly.

Usual effect: An actual figure above the forecast is generally good for the pound; a figure below the forecast is generally bad for it.

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UK Core CPI excludes food, energy, alcohol and tobacco from consumer price inflation. It offers another way to judge whether underlying price pressures are easing or staying persistent.

Usual effect: An actual figure above the forecast is generally good for the pound; a figure below the forecast is generally bad for it.

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Euro Area Industrial Production tracks monthly changes in output from factories, mines and utilities across countries using the euro. It provides a view of the region's production sector.

Usual effect: An actual figure above the forecast is generally good for the euro; a figure below the forecast is generally bad for it.

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US Retail Sales measures how the value of purchases at retailers changed from the previous month. It provides a timely snapshot of spending on goods, a key part of consumer activity.

Usual effect: An actual figure above the forecast is generally good for the US dollar; a figure below the forecast is generally bad for it.

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Core Retail Sales removes auto dealers from the headline US retail sales figure. This makes it easier to judge spending without the large swings that vehicle purchases can cause.

Usual effect: An actual figure above the forecast is generally good for the US dollar; a figure below the forecast is generally bad for it.

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EIA Crude Oil Inventories shows the weekly change in commercial crude oil held in the United States, excluding the Strategic Petroleum Reserve. It helps traders track the balance between supply and demand.

Usual effect: A smaller build or a larger draw than forecast tends to lift oil prices, which is generally good for oil-linked currencies such as the Canadian dollar; a larger build tends to weigh on them.

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The FOMC sets the target range for the federal funds rate, a key reference point for borrowing costs across the US economy. Its policy decisions are among the most closely followed events in global markets.

Usual effect: An actual figure above the forecast is generally good for the US dollar; a figure below the forecast is generally bad for it.

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The FOMC Statement explains the Federal Reserve's latest interest rate decision and its assessment of jobs, inflation and the economy. It is released alongside the policy announcement.

Usual effect: A more hawkish tone than expected is generally good for the US dollar; a more dovish tone is generally bad for it.

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The Fed Chair's press conference follows a Federal Open Market Committee rate decision. It gives policymakers a chance to explain the decision and answer questions about the outlook.

Usual effect: A more hawkish tone than expected is generally good for the US dollar; a more dovish tone is generally bad for it.

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New Zealand GDP measures how the country's inflation-adjusted economic output changed during the quarter. It provides a broad view of whether economic activity is expanding or contracting.

Usual effect: An actual figure above the forecast is generally good for the New Zealand dollar; a figure below the forecast is generally bad for it.

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The final euro area inflation report confirms or revises Eurostat's earlier flash estimate and provides a fuller breakdown of consumer price changes.

Usual effect: An actual figure above the forecast is generally good for the euro; a figure below the forecast is generally bad for it.

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The final core inflation figure gives a more complete reading of euro area consumer price growth excluding food, energy, alcohol and tobacco. It follows the earlier flash estimate.

Usual effect: An actual figure above the forecast is generally good for the euro; a figure below the forecast is generally bad for it.

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The Bank of England's Monetary Policy Committee sets Bank Rate, the benchmark UK interest rate. Its decisions influence borrowing costs, savings and the outlook for the British economy.

Usual effect: An actual figure above the forecast is generally good for the pound; a figure below the forecast is generally bad for it.

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The MPC vote split shows how Bank of England policymakers voted on the latest Bank Rate decision. It reveals how much agreement there was behind a hold, cut or increase.

Usual effect: More members voting for a hike, or fewer voting for a cut, than expected is generally good for the pound; the opposite is generally bad for it.

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The Bank of England's Monetary Policy Summary explains why its committee made the latest interest rate decision and how it views inflation, growth and employment.

Usual effect: A more hawkish tone than expected is generally good for the pound; a more dovish tone is generally bad for it.

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Initial Jobless Claims counts people filing for unemployment benefits for the first time in a given week. The weekly report offers a more frequent look at possible layoffs than the monthly employment figures.

Usual effect: An actual figure below the forecast is generally good for the US dollar; a figure above the forecast is generally bad for it.

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The Philadelphia Fed Manufacturing Index surveys factories in the Philadelphia Fed district about business activity and demand. It offers an early regional snapshot before broader US manufacturing reports.

Usual effect: An actual figure above the forecast is generally good for the US dollar; a figure below the forecast is generally bad for it.

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Housing Starts measures the number of US residential housing units on which construction began, shown at a seasonally adjusted annual rate. It provides a direct view of homebuilding activity.

Usual effect: An actual figure above the forecast is generally good for the US dollar; a figure below the forecast is generally bad for it.

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Building Permits estimates how many new US residential housing units were authorised for construction, expressed at a seasonally adjusted annual rate. Permits can signal future building activity before work starts.

Usual effect: An actual figure above the forecast is generally good for the US dollar; a figure below the forecast is generally bad for it.

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The EIA Natural Gas Storage report shows how much natural gas was added to or withdrawn from US underground storage over the week. Seasonal demand makes the number especially relevant during heating and cooling periods.

Usual effect: A smaller injection than forecast tends to lift natural gas prices; the effect on currencies is usually small.

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RBA Governor Michele Bullock's speeches, panels and public hearings can explain the Reserve Bank of Australia's approach to inflation, jobs and interest rates between policy meetings.

Usual effect: A more hawkish tone than expected is generally good for the Australian dollar; a more dovish tone is generally bad for it.

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Japan National Core CPI tracks annual consumer price changes across the country excluding fresh food. It is a closely watched measure of Japanese inflation.

Usual effect: An actual figure above the forecast is generally good for the yen; a figure below the forecast is generally bad for it.

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The Bank of Japan sets its short-term policy interest rate as part of its efforts to maintain price stability. Each decision gives markets an update on how the bank sees inflation and the economy.

Usual effect: An actual figure above the forecast is generally good for the yen; a figure below the forecast is generally bad for it.

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The Bank of Japan's Monetary Policy Statement outlines its latest decision and explains the economic and inflation backdrop. It helps clarify the central bank's current policy stance.

Usual effect: A more hawkish tone than expected is generally good for the yen; a more dovish tone is generally bad for it.

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UK Retail Sales shows how the volume of goods bought from retailers changed from the previous month. Unlike a value-based sales measure, volume data aim to remove the effect of price changes.

Usual effect: An actual figure above the forecast is generally good for the pound; a figure below the forecast is generally bad for it.

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The Bank of Japan Governor speaks to reporters after monetary policy meetings, explaining decisions and answering questions on the outlook for Japan.

Usual effect: A more hawkish tone than expected is generally good for the yen; a more dovish tone is generally bad for it.

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Industrial Production measures how much US factories, mines and utilities produced during the month. The Federal Reserve publishes the figures alongside capacity utilisation.

Usual effect: An actual figure above the forecast is generally good for the US dollar; a figure below the forecast is generally bad for it.

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Federal Reserve Governor Michelle Bowman speaks publicly on banking supervision, financial stability and monetary policy. Her appearances can provide a closer look at one policymaker's priorities.

Usual effect: A more hawkish tone than expected is generally good for the US dollar; a more dovish tone is generally bad for it.

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