Live · New York time
Economic calendar
The releases and central-bank decisions that can move currencies, bonds, stocks, gold and crypto this week. Tap any event for our trader's guide: what it measures and how markets have tended to react when it comes in above or below forecast.
Sunday, November 8
🇦🇺 AUD RBA Assist Gov Hunter Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The AUD tends to strengthen (AUD/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The AUD tends to weaken (AUD/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇨🇳 CNY CPI y/y 0.8% 0.9%
What it is: How fast consumer prices are rising. The main inflation gauge for households and a key input for interest-rate decisions.
If it comes in higher than forecast
The CNY tends to strengthen (USD/CNH lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CNY tends to weaken (USD/CNH higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇨🇳 CNY PPI y/y 5.3% 5.0%
What it is: Prices businesses receive for goods and services. An early signal of inflation that can later reach consumers.
If it comes in higher than forecast
The CNY tends to strengthen (USD/CNH lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CNY tends to weaken (USD/CNH higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
Monday, November 9
🇯🇵 JPY Leading Indicators 116.7% 118.0%
If it comes in higher than forecast
The JPY tends to strengthen (USD/JPY lower) as traders price a firmer central bank.
If it comes in lower than forecast
The JPY tends to weaken (USD/JPY higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR German Trade Balance 19.2B 19.5B
What it is: Exports minus imports. Bigger surpluses tend to support a currency.
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR Sentix Investor Confidence 2.1 2.7
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🌐 All G7 Meetings · ·
If it comes in higher than forecast
The currency tends to strengthen as traders price a firmer central bank.
If it comes in lower than forecast
The currency tends to weaken as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR ECOFIN Meetings · ·
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR Eurogroup Meetings · ·
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Bowman Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD Final Wholesale Inventories m/m 0.6% 0.6%
If it comes in higher than forecast
The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
If it comes in lower than forecast
The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Goolsbee Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Barkin Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP BOE Gov Bailey Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The GBP tends to strengthen (GBP/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The GBP tends to weaken (GBP/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇦🇺 AUD Westpac Consumer Sentiment · -4.7%
What it is: Survey of how households feel about their finances and the economy, a lead on spending.
If it comes in higher than forecast
The AUD tends to strengthen (AUD/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The AUD tends to weaken (AUD/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇯🇵 JPY Household Spending y/y -3.1% -3.1%
If it comes in higher than forecast
The JPY tends to strengthen (USD/JPY lower) as traders price a firmer central bank.
If it comes in lower than forecast
The JPY tends to weaken (USD/JPY higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇯🇵 JPY Bank Lending y/y 5.4% 5.3%
If it comes in higher than forecast
The JPY tends to strengthen (USD/JPY lower) as traders price a firmer central bank.
If it comes in lower than forecast
The JPY tends to weaken (USD/JPY higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇯🇵 JPY BOJ Summary of Opinions · ·
If it comes in higher than forecast
The JPY tends to strengthen (USD/JPY lower) as traders price a firmer central bank.
If it comes in lower than forecast
The JPY tends to weaken (USD/JPY higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇯🇵 JPY Current Account 2.81T 2.98T
If it comes in higher than forecast
The JPY tends to strengthen (USD/JPY lower) as traders price a firmer central bank.
If it comes in lower than forecast
The JPY tends to weaken (USD/JPY higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP BRC Retail Sales Monitor y/y 1.2% 1.0%
What it is: Spending at stores and online, a direct read on consumer demand.
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇦🇺 AUD NAB Business Confidence · -13
If it comes in higher than forecast
The AUD tends to strengthen (AUD/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The AUD tends to weaken (AUD/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇨🇳 CNY USD-Denominated Trade Balance 126.5B 133.5B
What it is: Exports minus imports. Bigger surpluses tend to support a currency.
If it comes in higher than forecast
The CNY tends to strengthen (USD/CNH lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CNY tends to weaken (USD/CNH higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇨🇳 CNY Trade Balance 855B 906B
What it is: Exports minus imports. Bigger surpluses tend to support a currency.
If it comes in higher than forecast
The CNY tends to strengthen (USD/CNH lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CNY tends to weaken (USD/CNH higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇯🇵 JPY 30-y Bond Auction · 4.11|3.9
What it is: Government bond sale. Weak demand can push yields higher.
Tuesday, November 10 Today
🇯🇵 JPY Economy Watchers Sentiment 47.1 47.0
If it comes in higher than forecast
The JPY tends to strengthen (USD/JPY lower) as traders price a firmer central bank.
If it comes in lower than forecast
The JPY tends to weaken (USD/JPY higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP MPC Member Breeden Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The GBP tends to strengthen (GBP/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The GBP tends to weaken (GBP/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Waller Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇨🇳 CNY M2 Money Supply y/y 7.2% 7.2%
If it comes in higher than forecast
The CNY tends to strengthen (USD/CNH lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CNY tends to weaken (USD/CNH higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇨🇳 CNY New Loans 80B 1080B
If it comes in higher than forecast
The CNY tends to strengthen (USD/CNH lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CNY tends to weaken (USD/CNH higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🌐 All G7 Meetings · ·
If it comes in higher than forecast
The currency tends to strengthen as traders price a firmer central bank.
If it comes in lower than forecast
The currency tends to weaken as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD NFIB Small Business Index 98.0 97.9
If it comes in higher than forecast
The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
If it comes in lower than forecast
The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP 30-y Bond Auction · 5.52|3.8
What it is: Government bond sale. Weak demand can push yields higher.
🇬🇧 GBP MPC Member Lombardelli Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The GBP tends to strengthen (GBP/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The GBP tends to weaken (GBP/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD ADP Weekly Employment Change · ·
What it is: Private payroll estimate from payroll processor ADP, released two days before the official jobs report.
If it comes in higher than forecast
The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
If it comes in lower than forecast
The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD ADP Weekly Employment Change · 16.8K
What it is: Private payroll estimate from payroll processor ADP, released two days before the official jobs report.
If it comes in higher than forecast
The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
If it comes in lower than forecast
The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇺🇸 USD Core CPI m/m 0.2% 0.3%
What it is: Consumer price inflation excluding food and energy, the measure central banks watch most closely for underlying price pressure.
If it comes in higher than forecast
The dollar tends to rise and Treasury yields climb as rate-hike odds increase. Stocks, gold and crypto often slip.
If it comes in lower than forecast
The dollar tends to fall and yields drop as rate-cut hopes build. Stocks, gold and crypto often rally.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD CPI m/m 0.3% 0.6%
What it is: How fast consumer prices are rising. The main inflation gauge for households and a key input for interest-rate decisions.
If it comes in higher than forecast
The dollar tends to rise and Treasury yields climb as rate-hike odds increase. Stocks, gold and crypto often slip.
If it comes in lower than forecast
The dollar tends to fall and yields drop as rate-cut hopes build. Stocks, gold and crypto often rally.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Logan Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD 10-y Bond Auction · 5.30|2.8
What it is: Government bond sale. Weak demand can push yields higher.
🇨🇦 CAD BOC Summary of Deliberations · ·
If it comes in higher than forecast
The CAD tends to strengthen (USD/CAD lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CAD tends to weaken (USD/CAD higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP MPC Member Pill Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The GBP tends to strengthen (GBP/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The GBP tends to weaken (GBP/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Schmid Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Bowman Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD API Weekly Statistical Bulletin · ·
If it comes in higher than forecast
The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
If it comes in lower than forecast
The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Bowman Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Paulson Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇯🇵 JPY M2 Money Stock y/y 2.1% 2.0%
If it comes in higher than forecast
The JPY tends to strengthen (USD/JPY lower) as traders price a firmer central bank.
If it comes in lower than forecast
The JPY tends to weaken (USD/JPY higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
Wednesday, November 11
🇯🇵 JPY Prelim Machine Tool Orders y/y · 60.4%
If it comes in higher than forecast
The JPY tends to strengthen (USD/JPY lower) as traders price a firmer central bank.
If it comes in lower than forecast
The JPY tends to weaken (USD/JPY higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇪🇺 EUR German Final CPI m/m -0.2% -0.2%
What it is: How fast consumer prices are rising. The main inflation gauge for households and a key input for interest-rate decisions.
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR French Bank Holiday · ·
What it is: Markets in this country are closed or thin, which can mean lower liquidity.
🇪🇺 EUR German Buba President Nagel Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The EUR tends to strengthen (EUR/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The EUR tends to weaken (EUR/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR Italian Industrial Production m/m 0.7% -1.3%
What it is: Output from factories, mines and utilities.
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR ECB President Lagarde Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The EUR tends to strengthen (EUR/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The EUR tends to weaken (EUR/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR German 30-y Bond Auction · 3.80|1.4
What it is: Government bond sale. Weak demand can push yields higher.
🇨🇦 CAD Bank Holiday · ·
What it is: Markets in this country are closed or thin, which can mean lower liquidity.
🇺🇸 USD Bank Holiday · ·
What it is: Markets in this country are closed or thin, which can mean lower liquidity.
🇳🇿 NZD Visitor Arrivals m/m · 2.8%
If it comes in higher than forecast
The NZD tends to strengthen (NZD/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The NZD tends to weaken (NZD/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇯🇵 JPY PPI y/y 6.5% 6.8%
What it is: Prices businesses receive for goods and services. An early signal of inflation that can later reach consumers.
If it comes in higher than forecast
The JPY tends to strengthen (USD/JPY lower) as traders price a firmer central bank.
If it comes in lower than forecast
The JPY tends to weaken (USD/JPY higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇦🇺 AUD MI Inflation Expectations · 5.3%
If it comes in higher than forecast
The AUD tends to strengthen (AUD/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The AUD tends to weaken (AUD/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇬🇧 GBP RICS House Price Balance -33% -32%
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
Thursday, November 12
🇬🇧 GBP GDP m/m 0.0% 0.1%
What it is: Gross domestic product: the broadest measure of economic output and growth.
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP Prelim GDP q/q 0.7% 0.5%
What it is: Gross domestic product: the broadest measure of economic output and growth.
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP Construction Output m/m 0.0% -0.2%
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP Goods Trade Balance -19.2B -18.0B
What it is: Exports minus imports. Bigger surpluses tend to support a currency.
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP Index of Services 3m/3m 0.9% 0.9%
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP Industrial Production m/m -0.4% 0.8%
What it is: Output from factories, mines and utilities.
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP Manufacturing Production m/m -0.5% 1.2%
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP Prelim Business Investment q/q 0.4% 1.7%
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR ECB Economic Bulletin · ·
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇨🇦 CAD Building Permits m/m -4.0% 8.8%
What it is: Housing activity, sensitive to mortgage rates and a signal for construction and the broader economy.
If it comes in higher than forecast
The CAD tends to strengthen (USD/CAD lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CAD tends to weaken (USD/CAD higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD Unemployment Claims 194K 189K
If it comes in higher than forecast
This counts as weaker data. The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
If it comes in lower than forecast
This counts as stronger data. The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Hammack Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD Existing Home Sales 3.89M 3.99M
What it is: Housing activity, sensitive to mortgage rates and a signal for construction and the broader economy.
If it comes in higher than forecast
The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
If it comes in lower than forecast
The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Barr Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD Mortgage Delinquencies · 4.37%
If it comes in higher than forecast
The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
If it comes in lower than forecast
The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇦🇺 AUD CB Leading Index m/m · -0.3%
If it comes in higher than forecast
The AUD tends to strengthen (AUD/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The AUD tends to weaken (AUD/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇺🇸 USD FOMC Member Goolsbee Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD Crude Oil Inventories · -0.9M
What it is: Weekly U.S. crude stockpiles. A larger-than-expected build tends to weigh on oil prices, a draw tends to support them.
If it comes in higher than forecast
Bigger build than forecast: oil prices tend to fall, often weighing on the Canadian dollar.
If it comes in lower than forecast
Smaller build or a draw: oil prices tend to rise, often supporting the Canadian dollar.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇪🇺 EUR German Buba President Nagel Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The EUR tends to strengthen (EUR/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The EUR tends to weaken (EUR/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD 30-y Bond Auction · 5.62|2.5
What it is: Government bond sale. Weak demand can push yields higher.
🇺🇸 USD FOMC Member Daly Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Schmid Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD Federal Budget Balance -286.3B -26.9B
If it comes in higher than forecast
The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
If it comes in lower than forecast
The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR ECB President Lagarde Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The EUR tends to strengthen (EUR/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The EUR tends to weaken (EUR/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇳🇿 NZD BusinessNZ Manufacturing Index · 56.5
If it comes in higher than forecast
The NZD tends to strengthen (NZD/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The NZD tends to weaken (NZD/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇺🇸 USD FOMC Member Williams Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
Friday, November 13
🇪🇺 EUR German WPI m/m 0.4% 1.9%
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇨🇭 CHF PPI m/m 0.2% 0.3%
What it is: Prices businesses receive for goods and services. An early signal of inflation that can later reach consumers.
If it comes in higher than forecast
The CHF tends to strengthen (USD/CHF lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CHF tends to weaken (USD/CHF higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR French Final CPI m/m 0.4% 0.4%
What it is: How fast consumer prices are rising. The main inflation gauge for households and a key input for interest-rate decisions.
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR Italian Trade Balance 2.84B 1.77B
What it is: Exports minus imports. Bigger surpluses tend to support a currency.
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR Flash Employment Change q/q 0.2% 0.1%
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR Flash GDP q/q 0.4% 0.4%
What it is: Gross domestic product: the broadest measure of economic output and growth.
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR Trade Balance -4.5B -6.8B
What it is: Exports minus imports. Bigger surpluses tend to support a currency.
If it comes in higher than forecast
The EUR tends to strengthen (EUR/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The EUR tends to weaken (EUR/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇨🇦 CAD Manufacturing Sales m/m 0.1% 1.5%
If it comes in higher than forecast
The CAD tends to strengthen (USD/CAD lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CAD tends to weaken (USD/CAD higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇨🇦 CAD Wholesale Sales m/m 0.5% -1.6%
If it comes in higher than forecast
The CAD tends to strengthen (USD/CAD lower) as traders price a firmer central bank.
If it comes in lower than forecast
The CAD tends to weaken (USD/CAD higher) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD Core PPI m/m 0.3% 0.7%
What it is: Prices businesses receive for goods and services. An early signal of inflation that can later reach consumers.
If it comes in higher than forecast
The dollar tends to rise and Treasury yields climb as rate-hike odds increase. Stocks, gold and crypto often slip.
If it comes in lower than forecast
The dollar tends to fall and yields drop as rate-cut hopes build. Stocks, gold and crypto often rally.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD PPI m/m 0.4% 1.3%
What it is: Prices businesses receive for goods and services. An early signal of inflation that can later reach consumers.
If it comes in higher than forecast
The dollar tends to rise and Treasury yields climb as rate-hike odds increase. Stocks, gold and crypto often slip.
If it comes in lower than forecast
The dollar tends to fall and yields drop as rate-cut hopes build. Stocks, gold and crypto often rally.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Collins Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇬🇧 GBP CB Leading Index m/m · -0.1%
If it comes in higher than forecast
The GBP tends to strengthen (GBP/USD higher) as traders price a firmer central bank.
If it comes in lower than forecast
The GBP tends to weaken (GBP/USD lower) as traders price an easier central bank.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇺🇸 USD Natural Gas Storage · 77B
If it comes in higher than forecast
The dollar tends to rise and yields climb. Stocks can go either way: stronger growth helps earnings, but it also raises the odds of higher rates.
If it comes in lower than forecast
The dollar tends to fall and yields drop on bets for easier Fed policy. Gold often gains; stocks can rally on lower rates or fall on growth worries.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
No consensus forecast published; markets compare the result with the previous reading.
🇺🇸 USD FOMC Member Bowman Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇪🇺 EUR German Buba President Nagel Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The EUR tends to strengthen (EUR/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The EUR tends to weaken (EUR/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Daly Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
🇺🇸 USD FOMC Member Jefferson Speaks · ·
What it is: The Federal Reserve's interest-rate decision and statement, the biggest scheduled driver of U.S. rates, the dollar and stocks.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The dollar tends to strengthen and bond yields rise. Stocks, gold and crypto often come under pressure.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The dollar tends to weaken and yields fall. Stocks, gold and crypto often get a lift.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
Saturday, November 14
🇬🇧 GBP MPC Member Greene Speaks · ·
What it is: Remarks from a central bank official. Markets listen for hints about the next rate move.
Hawkish tone
More hawkish than expected (worried about inflation, open to higher rates): The GBP tends to strengthen (GBP/USD higher) and bond yields rise.
Dovish tone
More dovish than expected (open to cuts, worried about growth): The GBP tends to weaken (GBP/USD lower) and yields fall.
The size of the surprise matters most: a result close to forecast usually moves markets little. These are typical reactions, not predictions; other news can change how markets respond.
Release times, forecasts and impact ratings compiled by The Company Chronicle; times shown in New York time. Trader's guides by The Company Chronicle. Typical market reactions are general information, not investment advice.
