DateTime
stringdate
2007-01-01 04:30:00+0330
2025-04-07 21:30:00+0330
Currency
stringclasses
10 values
Impact
stringclasses
4 values
Event
stringclasses
593 values
Actual
stringlengths
1
9
Forecast
stringlengths
1
8
Previous
stringlengths
1
9
Detail
stringlengths
106
1.37k
2025-02-28T00:00:00+03:30
EUR
Low Impact Expected
French Prelim CPI m/m
0.0%
0.5%
0.2%
Source: INSEE (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Mar 28, 2025 | FF Notes: There are 2 versions of this report released about a two weeks apart – Preliminary and Final. The Preliminary release, which the source first reported in Jan 2016, is the earliest and thus tends to have the most impact. This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator; | Acro Expand: Consumer Price Index (CPI);
2025-02-28T00:00:00+03:30
EUR
Low Impact Expected
French Final Private Payrolls q/q
-0.3%
-0.2%
-0.2%
Source: INSEE (latest release) | Measures: Change in the number of employed people, excluding the farming industry and government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: May 30, 2025 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this indicator released about a month apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Also Called: Non-Farm Employment, Revised Employment;
2025-02-28T00:00:00+03:30
GBP
Low Impact Expected
Nationwide HPI m/m
0.4%
0.2%
0.1%
Source: Nationwide Building Society (latest release) | Measures: Change in the selling price of homes with mortgages backed by Nationwide; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Apr 1, 2025 | FF Notes: This is the UK's second earliest report on housing inflation; | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Also Called: Nationwide House Prices; | Acro Expand: House Price Index (HPI);
2025-02-28T00:00:00+03:30
EUR
Low Impact Expected
German Retail Sales m/m
0.2%
0.4%
-0.9%
Source: Destatis (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Mar 31, 2025 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Real Retail Sales;
2025-02-28T00:00:00+03:30
JPY
Low Impact Expected
Retail Sales y/y
3.9%
3.9%
3.5%
Source: METI (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Mar 31, 2025 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Retail Trade;
2025-02-28T00:00:00+03:30
GBP
Low Impact Expected
MPC Member Ramsden Speaks
null
null
null
Description: Due to speak about monetary policy in a world of geopolitical fragmentation at Stellenbosch University, in South Africa; | Source: Bank of England (latest release) | Speaker: BOE Deputy Governor David Ramsden; | Usual Effect: More hawkish than expected is good for currency; | FF Notes: MPC voting member Sep 2017 - Sep 2027; | Why Traders Care: BOE MPC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2025-02-28T00:00:00+03:30
USD
Medium Impact Expected
President Trump Speaks
null
null
null
FF Notice: Event added to calendar at release time; | Description: Due to hold a press conference with UK Prime Minister Keir Starmer at the White House, in Washington DC; | Source: White House (latest release) | Speaker: US President Donald Trump; | Next Release: Feb 28, 2025 | FF Notes: US President Jan 2017 - Jan 2021 and Jan 2025 - Jan 2029. He speaks frequently on a broad range of subjects - only speeches that might have direct market impact are listed on the calendar;
2025-02-28T03:00:00+03:30
JPY
Medium Impact Expected
Tokyo Core CPI y/y
2.2%
2.3%
2.5%
Source: Statistics Bureau (latest release) | Measures: Change in the price of goods and services purchased by consumers in Tokyo, excluding fresh food; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the last Friday of the current month; | Next Release: Mar 28, 2025 | FF Notes: Tokyo is Japan's most populated city and releases CPI data a month ahead of National CPI. This early data is thought to be the most important consumer inflation release. The impact tends to be mild but varies from month to month; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to tighten monetary policy out of respect for their inflation containment mandate; | Also Called: Tokyo CPI Ex Fresh Food; | Acro Expand: Consumer Price Index (CPI);
2025-02-28T03:20:00+03:30
JPY
Low Impact Expected
Prelim Industrial Production m/m
-1.1%
-1.0%
-0.2%
Source: METI (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Mar 31, 2025 | FF Notes: There are 2 versions of this indicator released about 15 days apart - Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;
2025-02-28T04:00:00+03:30
AUD
Low Impact Expected
Private Sector Credit m/m
0.5%
0.5%
0.6%
Source: Reserve Bank of Australia (latest release) | Measures: Change in the total value of new credit issued to consumers and businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the last business day of the following month; | Next Release: Mar 31, 2025 | Why Traders Care: Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money;
2025-02-28T08:30:00+03:30
JPY
Low Impact Expected
Housing Starts y/y
-4.6%
-2.6%
-2.5%
Source: MLIT (latest release) | Measures: Change in the number of new residential buildings that began construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Mar 31, 2025 | Why Traders Care: It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder; | Acro Expand: Ministry of Land, Infrastructure, Transport, and Tourism (MILT);
2025-02-28T10:30:00+03:30
EUR
Low Impact Expected
German Import Prices m/m
1.1%
0.7%
0.4%
Source: Destatis (latest release) | Measures: Change in the price of imported goods purchased domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 26 days after the month ends; | Next Release: Mar 31, 2025 | Why Traders Care: It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods; | Also Called: Import Price Index;
2025-02-28T11:00:00+03:30
CHF
Low Impact Expected
Retail Sales y/y
1.3%
1.6%
2.1%
Source: Federal Statistical Office (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Source changed series calculation formula as of Jan 2010; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Real Retail Sales;
2025-02-28T11:15:00+03:30
EUR
Low Impact Expected
French Consumer Spending m/m
-0.5%
-0.6%
0.7%
Source: INSEE (latest release) | Measures: Change in the inflation-adjusted value of all goods expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Mar 28, 2025 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2025-02-28T11:30:00+03:30
CHF
Low Impact Expected
KOF Economic Barometer
101.7
101.9
103.0
Source: KOF Economic Research Agency (latest release) | Measures: Level of a composite index based on 219 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Mar 28, 2025 | FF Notes: This index is designed to predict the direction of the economy over the next 6 months. Source changed series calculation formula as of April 2006 and April 2014; | Derived Via: Combined reading of 219 economic indicators related to banking confidence, production, new orders, consumer confidence, exchange rate, money supply, interest rate spreads, stock market prices, and housing; | Also Called: KOF Leading Indicators, Konjunkturbarometer;
2025-02-28T12:25:00+03:30
EUR
Low Impact Expected
German Unemployment Change
5K
14K
11K
Source: Federal Employment Agency (latest release) | Measures: Change in the number of unemployed people during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Mar 28, 2025 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Unemployment;
2025-02-28T13:30:00+03:30
EUR
Low Impact Expected
Italian Prelim CPI m/m
0.2%
0.2%
0.6%
Source: Istat (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Mar 31, 2025 | FF Notes: There are 2 versions of CPI released about 25 days apart - Preliminary and Final. The Preliminary release is extremely early but has a muted impact due to Italy's relatively small impact on the Eurozone. The Final is not included for lack of significance; | Acro Expand: Consumer Price Index (CPI);
2025-02-28T17:00:00+03:30
CAD
High Impact Expected
GDP m/m
0.2%
0.3%
-0.2%
Source: Statistics Canada (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 60 days after the month ends; | Next Release: Mar 28, 2025 | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Acro Expand: Gross Domestic Product (GDP);
2025-02-28T18:15:00+03:30
USD
Medium Impact Expected
Chicago PMI
45.5
40.5
39.5
Source: ISM-Chicago, Inc (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the Chicago area; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the last business day of the current month; | Next Release: Mar 31, 2025 | FF Notes: Data is given to MNI subscribers 3 minutes before the public release time listed on the calendar - early market reaction is usually a result of trades made by these subscribers. Above 50.0 indicates expansion, below indicates contraction; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of around 200 purchasing managers in Chicago which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Also Called: Chicago Business Barometer; | Acro Expand: Purchasing Managers' Index (PMI);
2025-02-28T20:45:00+03:30
USD
High Impact Expected
President Trump Speaks
null
null
null
Description: Due to hold a press conference with Ukrainian President Zelenskyy at the White House, in Washington DC; | Source: White House (latest release) | Speaker: US President Donald Trump; | Next Release: Mar 3, 2025 | FF Notes: US President Jan 2017 - Jan 2021 and Jan 2025 - Jan 2029. He speaks frequently on a broad range of subjects - only speeches that might have direct market impact are listed on the calendar;
2025-02-28T23:59:59+03:30
EUR
High Impact Expected
German Prelim CPI m/m
0.4%
0.4%
-0.2%
Source: Destatis (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Mar 31, 2025 | FF Notes: Listed as an 'All Day' event because the 'Actual' is comprised of data from 6 German states which report their CPI throughout the day. There are 2 versions of CPI released about 15 days apart - Preliminary and Final. The Preliminary release is the Eurozone's earliest major consumer inflation; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Acro Expand: Consumer Price Index (CPI);
2025-03-01T00:00:00+03:30
CNY
Medium Impact Expected
Non-Manufacturing PMI
50.4
50.4
50.2
Source: CFLP (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the last day of the current month; | Next Release: Mar 31, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. Chinese data can have a broad impact on the currency markets due to China's influence on the global economy and investor sentiment. Source changed series from non-seasonally adjusted to seasonally adjusted as of Apr 2012; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 1200 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: China Federation of Logistics and Purchasing (CFLP), Purchasing Managers' Index (PMI);
2025-03-01T05:00:00+03:30
CNY
High Impact Expected
Manufacturing PMI
50.2
49.9
49.1
Source: CFLP (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the last day of the current month; | Next Release: Mar 31, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. Tends to have more impact when it's released ahead of the Caixin Manufacturing PMI because the reports are tightly correlated. Chinese data can have a broad impact on the currency markets due to China's influence on the global economy and investor sentiment; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of 3,000 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: China Federation of Logistics and Purchasing (CFLP), Purchasing Managers' Index (PMI);
2025-03-01T06:45:00+03:30
USD
Low Impact Expected
FOMC Member Goolsbee Speaks
null
null
null
Description: Due to speak at the Stanford Institute for Economic Policy Research Economic Summit. Audience questions expected; | Source: Federal Reserve Bank of Chicago (latest release) | Speaker: Federal Reserve Bank of Chicago President Austan Goolsbee; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Apr 10, 2025 | FF Notes: FOMC voting member 2023 and 2025; | Why Traders Care: Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Federal Open Market Committee (FOMC);
2025-03-03T00:00:00+03:30
GBP
Low Impact Expected
Net Lending to Individuals m/m
5.9B
4.7B
4.4B
Source: Bank of England (latest release) | Measures: Change in the total value of new credit issued to consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Mar 31, 2025 | Why Traders Care: It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money;
2025-03-03T00:00:00+03:30
GBP
Low Impact Expected
Mortgage Approvals
66K
66K
67K
Source: Bank of England (latest release) | Measures: Number of new mortgages approved for home purchases during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Mar 31, 2025 | FF Notes: Tends to have a muted impact because about 60% of all mortgages are covered by the BBA Mortgage Approvals data released a few days earlier; | Also Called: Approvals Secured on Dwellings; | Acro Expand: Bank of England (BOE);
2025-03-03T00:00:00+03:30
GBP
Low Impact Expected
M4 Money Supply m/m
1.3%
0.2%
0.1%
Source: Bank of England (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 30 days after the month ends; | Next Release: Mar 31, 2025 | FF Notes: Source changed series from preliminary/final format to a single release, as of Nov 2010; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation;
2025-03-03T00:00:00+03:30
USD
Low Impact Expected
Construction Spending m/m
-0.2%
-0.1%
0.5%
Source: Census Bureau (latest release) | Measures: Change in the total amount builders spent on construction projects; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Apr 1, 2025
2025-03-03T00:00:00+03:30
USD
Medium Impact Expected
ISM Manufacturing Prices
62.4
56.2
54.9
Source: Institute for Supply Management (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: This is a component of PMI but reported separately as an inflation gauge. Above 50.0 indicates rising prices, below indicates falling prices; | Why Traders Care: It's a leading indicator of consumer inflation - when businesses pay more for goods and services the higher costs are usually passed on to the consumer; | Derived Via: Survey of about 300 purchasing managers which asks respondents to rate the relative level of prices paid for goods and services; | Also Called: Manufacturing Prices Paid; | Acro Expand: The Institute for Supply Management (ISM), Purchasing Managers' Index (PMI);
2025-03-03T00:00:00+03:30
AUD
Low Impact Expected
Company Operating Profits q/q
5.9%
1.7%
-4.9%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the total value of profits earned by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 60 days after the quarter ends; | Next Release: Jun 3, 2025 | FF Notes: Source changed series calculation formula as of November 2001; | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their earnings can be an early signal of future economic activity such as spending, hiring, and investment; | Also Called: Company Gross Operating Profits;
2025-03-03T00:00:00+03:30
JPY
Low Impact Expected
Final Manufacturing PMI
49.0
48.9
48.9
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in May 2014, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Also Called: Jibun Bank Manufacturing PMI; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T00:00:00+03:30
EUR
Medium Impact Expected
CPI Flash Estimate y/y
2.4%
2.3%
2.5%
Source: Eurostat (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the last business day of the current month; | Next Release: Apr 1, 2025 | FF Notes: Eurostat bases this estimate on energy prices and 13 euro area member states that report early CPI data. There are 2 versions of this report released about two weeks apart – Flash and Final. The report is extremely early and tends to have a significant impact; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Acro Expand: Consumer Price Index (CPI);
2025-03-03T01:15:00+03:30
NZD
Low Impact Expected
Overseas Trade Index q/q
3.1%
1.5%
2.5%
Source: Statistics New Zealand (latest release) | Measures: Change in the price of internationally traded goods; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 60 days after the quarter ends; | Next Release: Jun 3, 2025 | FF Notes: Calculates the volume of imports that can be purchased with an equal volume of exports; | Also Called: Terms of Trade Index, Overseas Merchandise Trade Index;
2025-03-03T03:30:00+03:30
AUD
Low Impact Expected
MI Inflation Gauge m/m
-0.2%
null
0.1%
Source: Melbourne Institute (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the first Monday after the month ends; | Next Release: Mar 31, 2025 | FF Notes: This data provides a monthly look at consumer inflation and is designed to mimic the quarterly government-released CPI data. Full reports are only available to Melbourne Institute subscribers; | Acro Expand: Melbourne Institute (MI), Consumer Price Index (CPI);
2025-03-03T04:00:00+03:30
AUD
Low Impact Expected
ANZ Job Advertisements m/m
-1.4%
null
1.3%
Source: ANZ (latest release) | Measures: Change in the number of jobs advertised in the major daily newspapers and websites covering the capital cities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the first Monday after the month ends; | Next Release: Apr 7, 2025 | FF Notes: This data tends to have more impact when it's released ahead of the government employment data rather than after; | Acro Expand: Australia and New Zealand Banking Group (ANZ);
2025-03-03T05:15:00+03:30
CNY
Low Impact Expected
Caixin Manufacturing PMI
50.8
50.4
50.1
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There were 2 versions of this report between Feb 2011 and Sep 2015, Flash and Final. The 'Previous' listed between that period is the 'Actual' from the Flash release and therefore the 'History' data appears unconnected; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 650 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T09:00:00+03:30
AUD
Low Impact Expected
Commodity Prices y/y
-8.2%
null
-10.7%
Source: Reserve Bank of Australia (latest release) | Measures: Change in the selling price of exported commodities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Commodities account for over half of Australia's export earnings. Source changed series calculation formula as of Nov 2009; | Why Traders Care: It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income; | Derived Via: The average selling price of the nation's main commodity exports are sampled and then compared to the previous sampling; | Also Called: Index of Commodity Prices;
2025-03-03T11:45:00+03:30
EUR
Low Impact Expected
Spanish Manufacturing PMI
49.7
51.3
50.9
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T12:00:00+03:30
CHF
Low Impact Expected
Manufacturing PMI
49.6
48.3
47.5
Source: Procure (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 280 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T12:15:00+03:30
EUR
Low Impact Expected
Italian Manufacturing PMI
47.4
46.6
46.3
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T12:20:00+03:30
EUR
Low Impact Expected
French Final Manufacturing PMI
45.8
45.5
45.5
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T12:25:00+03:30
EUR
Low Impact Expected
German Final Manufacturing PMI
46.5
46.1
46.1
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T12:30:00+03:30
EUR
Low Impact Expected
Final Manufacturing PMI
47.6
47.3
47.3
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Jun 2007, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 3,000 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T13:00:00+03:30
GBP
Low Impact Expected
Final Manufacturing PMI
46.9
46.4
46.4
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Nov 2019, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 600 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T13:30:00+03:30
EUR
Medium Impact Expected
Core CPI Flash Estimate y/y
2.6%
2.5%
2.7%
Source: Eurostat (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding food, energy, alcohol, and tobacco; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the last business day of the current month; | Next Release: Apr 1, 2025 | FF Notes: Eurostat bases this estimate on 13 euro area member states that report early CPI data. There are 2 versions of this report released about two weeks apart – Flash and Final. The Flash release, which the source first reported in Apr 2013, is the earliest and thus tends to have the most impact; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Acro Expand: Consumer Price Index (CPI);
2025-03-03T18:00:00+03:30
CAD
Low Impact Expected
Manufacturing PMI
47.8
null
51.6
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. Source first released in Jun 2011; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T18:15:00+03:30
USD
Medium Impact Expected
Final Manufacturing PMI
52.7
51.6
51.6
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release is the earliest and thus tends to have the most impact. Source first released in May 2012; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 800 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-03T18:30:00+03:30
USD
High Impact Expected
ISM Manufacturing PMI
50.3
50.6
50.9
Source: Institute for Supply Management (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 300 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Also Called: Manufacturing ISM Report On Business; | Acro Expand: The Institute for Supply Management (ISM), Purchasing Managers' Index (PMI);
2025-03-03T20:35:00+03:30
USD
Low Impact Expected
FOMC Member Musalem Speaks
null
null
null
FF Notice: Release time initially misstated as 12 hours earlier than source’s schedule. We regret the error; | Description: Due to speak about the US economy and monetary policy at the National Association for Business Economics Annual Economic Policy Conference, in Washington DC. Audience questions expected; | Source: Federal Reserve Bank of St. Louis (latest release) | Speaker: Federal Reserve Bank of St. Louis President Alberto Musalem; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Mar 26, 2025 | FF Notes: FOMC voting member 2025; | Why Traders Care: Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Federal Open Market Committee (FOMC);
2025-03-03T23:09:00+03:30
USD
Medium Impact Expected
President Trump Speaks
null
null
null
Description: Due to hold a press conference about an investment announcement at the White House, in Washington DC; | Source: White House (latest release) | Speaker: US President Donald Trump; | Next Release: Mar 5, 2025 | FF Notes: US President Jan 2017 - Jan 2021 and Jan 2025 - Jan 2029. He speaks frequently on a broad range of subjects - only speeches that might have direct market impact are listed on the calendar;
2025-03-03T23:59:59+03:30
USD
Low Impact Expected
Wards Total Vehicle Sales
16.0M
16.1M
15.6M
Source: Wards Auto (latest release) | Measures: Annualized number of cars and trucks sold domestically during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 1 day after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Full reports are only available to Wards Intelligence subscribers; | Why Traders Care: It's a sign of consumer confidence - rising demand for expensive durable goods shows that consumers are confident in their future financial position and feel comfortable spending money;
2025-03-04T00:00:00+03:30
AUD
Low Impact Expected
Current Account
-12.5B
-11.8B
-13.9B
Source: Australian Bureau of Statistics (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 60 days after the quarter ends; | Next Release: Jun 3, 2025 | FF Notes: The goods portion has no impact because it's a duplicate of the monthly Trade Balance data; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country;
2025-03-04T00:00:00+03:30
AUD
Medium Impact Expected
Retail Sales m/m
0.3%
0.3%
-0.1%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Apr 1, 2025 | FF Notes: This is the earliest look at vital consumer spending data. There are 2 versions of this report released about two weeks apart - Prelim and Final. The Final is not reported for lack of significance; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2025-03-04T00:00:00+03:30
JPY
Low Impact Expected
Monetary Base y/y
-1.8%
-1.8%
-2.5%
Source: Bank of Japan (latest release) | Measures: Change in the total quantity of domestic currency in circulation and current account deposits held at the BOJ; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the second business day after the month ends; | Next Release: Apr 2, 2025 | FF Notes: The BOJ began using this as its main operating target in Apr 2013; | Why Traders Care: Deviation from the planned trajectory for monetary base growth leads the central bank to adjust policy out of respect for their inflation mandate; | Acro Expand: Bank of Japan (BOJ);
2025-03-04T01:15:00+03:30
NZD
Low Impact Expected
Building Consents m/m
2.6%
null
-5.6%
Source: Statistics New Zealand (latest release) | Measures: Change in the number of new building approvals issued; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Apr 2, 2025 | Why Traders Care: It's a leading gauge of future construction activity because obtaining government approval is among the first steps in constructing a new building. Construction is important because it produces a wide-reaching ripple effect - for example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder; | Also Called: Building Permits;
2025-03-04T03:00:00+03:30
JPY
Low Impact Expected
Unemployment Rate
2.5%
2.4%
2.4%
Source: Statistics Bureau (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Tends to have a muted impact relative to employment data from other countries because the Japanese economy is more reliant on the industrial sector than personal spending; | Also Called: Jobless Rate;
2025-03-04T03:20:00+03:30
JPY
Low Impact Expected
Capital Spending q/y
-0.2%
4.9%
8.1%
Source: Ministry of Finance (latest release) | Measures: Change in the total value of new capital expenditures made by businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 60 days after the quarter ends; | Next Release: Jun 2, 2025 | FF Notes: Data represents the change from the reported quarter to the same quarter a year earlier; | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their investment levels can be an early signal of future economic activity such as hiring, spending, and earnings;
2025-03-04T03:31:00+03:30
GBP
Low Impact Expected
BRC Shop Price Index y/y
-0.7%
null
-0.7%
Source: British Retail Consortium (latest release) | Measures: Change in the price of goods purchased at BRC-member retail stores; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the last Wednesday of the current month; | Next Release: Apr 1, 2025 | FF Notes: Leads the government-released consumer inflation data by about 10 days, but has a narrower scope as it only includes goods purchased from retailers who belong to the BRC. This data is usually released 1 day before the Bank of England interest rate decision. Full reports are only available to BRC subscribers; | Acro Expand: British Retail Consortium (BRC);
2025-03-04T04:00:00+03:30
AUD
Medium Impact Expected
Monetary Policy Meeting Minutes
null
null
null
Source: Reserve Bank of Australia (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: 8 times per year, 2 weeks after the Cash Rate is announced; | Next Release: Apr 15, 2025 | FF Notes: Source first released in Dec 2007; | Why Traders Care: It's a detailed record of the RBA Reserve Bank Board's most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates; | Acro Expand: Reserve Bank of Australia (RBA);
2025-03-04T07:05:00+03:30
JPY
Low Impact Expected
10-y Bond Auction
1.40|2.7
null
1.26|3.2
Source: Ministry of Finance (latest release) | Measures: Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Conducted monthly; | Next Release: Apr 3, 2025 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted); | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: JGB Auction; | Acro Expand: Japanese Government Bond (JGB);
2025-03-04T08:30:00+03:30
JPY
Low Impact Expected
Consumer Confidence
35.0
35.2
35.2
Source: Cabinet Office (latest release) | Measures: Level of a composite index based on surveyed households, excluding single-person homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 3 days after the month ends; | Next Release: Apr 9, 2025 | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 8,400 households which asks respondents to rate the relative level of economic conditions including overall livelihood, income growth, employment, and climate for major purchases; | Also Called: Consumer Mood, Household Confidence;
2025-03-04T11:15:00+03:30
EUR
Low Impact Expected
French Gov Budget Balance
-17.3B
null
-156.3B
Source: French Treasury Agency (latest release) | Measures: Difference in value between the central government's income and spending for the year-to-date; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Apr 2, 2025 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit. Due to the year-to-date format, the data released in Feb covers the entire preceding year's budget, while the Mar release only covers the first month of the current year; | Also Called: General Budget Outcome;
2025-03-04T11:30:00+03:30
EUR
Low Impact Expected
Spanish Unemployment Change
-6.0K
45.2K
38.7K
Source: Ministry of Employment (latest release) | Measures: Change in the number of unemployed people during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 3 days after the month ends; | Next Release: Apr 2, 2025 | FF Notes: This is among the few non-seasonally adjusted numbers reported on the calendar; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Claims, Registered Unemployment, Total Jobseekers;
2025-03-04T12:30:00+03:30
EUR
Low Impact Expected
Italian Monthly Unemployment Rate
6.3%
6.2%
6.4%
Source: Istat (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Source first released monthly format in Dec 2009; | Also Called: Jobless Rate;
2025-03-04T13:30:00+03:30
EUR
Low Impact Expected
Unemployment Rate
6.2%
6.3%
6.2%
Source: Eurostat (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Apr 1, 2025 | FF Notes: Tends to have a muted impact because there are several earlier indicators related to Eurozone labor conditions; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate, Eurozone Unemployment;
2025-03-04T13:33:00+03:30
GBP
Low Impact Expected
30-y Bond Auction
5.10|2.8
null
4.98|3.2
Source: Debt Management Office (latest release) | Measures: Average yield on a 30-year bond the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable; | Next Release: Apr 8, 2025 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: Gilt Auction, Treasury Auction;
2025-03-04T18:02:00+03:30
NZD
Low Impact Expected
GDT Price Index
-0.5%
null
-0.6%
Source: GDT (latest release) | Measures: Change in the average price of dairy products sold at auction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Twice per month; | Next Release: Mar 18, 2025 | FF Notes: Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released. Source changed release frequency from monthly to twice per month as of Sep 2010; | Why Traders Care: It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income; | Derived Via: The weighted-average price of the 9 dairy products sold at auction are sampled and then compared to the previous sampling; | Acro Expand: GlobalDairyTrade (GDT);
2025-03-04T18:36:00+03:30
USD
Low Impact Expected
RCM/TIPP Economic Optimism
49.8
53.1
52.0
Source: RealClearMarkets (latest release) | Measures: Level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the start of the current month; | Next Release: Apr 1, 2025 | FF Notes: Above 50.0 indicates optimism, below indicates pessimism. Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Derived Via: Survey of about 1,500 consumers which asks respondents to rate the relative level of economic conditions including six-month economic outlook, personal financial outlook, and confidence in federal economic policies; | Also Called: RCM/TIPP Consumer Confidence; | Acro Expand: RealClearMarkets (RCM), TechnoMetrica Institute of Policy and Politics (TIPP);
2025-03-04T22:50:00+03:30
USD
Low Impact Expected
FOMC Member Williams Speaks
null
null
null
Description: Due to speak at the Bloomberg Invest Forum, in New York. Audience questions expected; | Source: Federal Reserve Bank of New York (latest release) | Speaker: Federal Reserve Bank of New York President John Williams; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Mar 7, 2025 | FF Notes: FOMC voting member 2012, 2015, 2018, 2019, 2020, 2021, 2022, 2023, 2024 and 2025. In Jun 2018 his title changed from Federal Reserve Bank of San Francisco President to Federal Reserve Bank of New York President; | Why Traders Care: Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Federal Open Market Committee (FOMC);
2025-03-05T00:00:00+03:30
EUR
Low Impact Expected
Italian Retail Sales m/m
-0.4%
0.3%
0.6%
Source: Istat (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Apr 4, 2025 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2025-03-05T00:00:00+03:30
JPY
Medium Impact Expected
BOJ Gov Ueda Speaks
null
null
null
FF Notice: Release time initially misstated as 24 hours earlier than source’s schedule. We regret the error; | Description: Due to deliver opening remarks at an event hosted by the International Monetary Fund, in Tokyo; | Source: Bank of Japan (latest release) | Speaker: BOJ Governor Kazuo Ueda; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Apr 9, 2025 | FF Notes: BOJ Governor Apr 2023 - Mar 2028. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the central bank, which controls short term interest rates, he has important influence over the nation's currency value. Traders scrutinize his speeches as they are often used to drop subtle clues regarding future monetary policy and interest rate shifts; | Acro Expand: Bank of Japan (BOJ);
2025-03-05T00:00:00+03:30
USD
Low Impact Expected
Factory Orders m/m
1.7%
1.7%
-0.6%
Source: Census Bureau (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Apr 2, 2025 | FF Notes: This report contains a revision of the Durable Goods Orders data released about a week earlier, and fresh data regarding non-durable goods; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;
2025-03-05T01:00:00+03:30
USD
Low Impact Expected
API Weekly Statistical Bulletin
null
null
null
Source: API (latest release) | Frequency: Released weekly, 3 days after the week ends; | Next Release: Mar 12, 2025 | Acro Expand: American Petroleum Institute (API), Energy Information Administration (EIA);
2025-03-05T01:15:00+03:30
AUD
Low Impact Expected
RBA Deputy Gov Hauser Speaks
null
null
null
Description: Due to speak at the Annual Financial Review Business Summit, in Sydney; | Source: Reserve Bank of Australia (latest release) | Speaker: RBA Deputy Governor Andrew Hauser; | Usual Effect: More hawkish than expected is good for currency; | FF Notes: Deputy Governor from Feb 2024; | Why Traders Care: He's responsible for advising Reserve Bank Board members - who decide where to set the nation's key interest rates - on matters relating to economics, and his public engagements are often used to drop subtle clues regarding future policy shifts;
2025-03-05T03:30:00+03:30
NZD
Low Impact Expected
ANZ Commodity Prices m/m
3.0%
null
1.8%
Source: ANZ (latest release) | Measures: Change in the global price of exported commodities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 3 days after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Tends to have a muted impact because the tightly-correlated Australian commodity prices are usually released a few days earlier; | Derived Via: The average price of the nation's main commodity exports are sampled on the global market and then compared to the previous sampling; | Also Called: Commodity Price Index; | Acro Expand: Australia and New Zealand Banking Group (ANZ);
2025-03-05T04:00:00+03:30
AUD
High Impact Expected
GDP q/q
0.6%
0.6%
0.3%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Jun 4, 2025 | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Acro Expand: Gross Domestic Product (GDP);
2025-03-05T05:15:00+03:30
CNY
Low Impact Expected
Caixin Services PMI
51.4
50.8
51.0
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Nov 2019, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 650 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-05T05:40:00+03:30
USD
High Impact Expected
President Trump Speaks
null
null
null
FF Notice: Initial release time was shifted 10 minutes later due to source rescheduling; | Description: Due to deliver an address to a joint session of Congress at the Capitol Building, in Washington DC; | Source: White House (latest release) | Speaker: US President Donald Trump; | Next Release: Mar 6, 2025 | FF Notes: US President Jan 2017 - Jan 2021 and Jan 2025 - Jan 2029. He speaks frequently on a broad range of subjects - only speeches that might have direct market impact are listed on the calendar;
2025-03-05T11:00:00+03:30
CHF
High Impact Expected
CPI m/m
0.6%
0.5%
-0.1%
Source: Federal Statistical Office (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 3 days after the month ends; | Next Release: Apr 3, 2025 | FF Notes: This is the earliest major inflation data released by any country, coming just days after the month ends; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Acro Expand: Consumer Price Index (CPI);
2025-03-05T11:15:00+03:30
EUR
Low Impact Expected
French Industrial Production m/m
-0.6%
0.5%
-0.5%
Source: INSEE (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Apr 4, 2025 | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
2025-03-05T11:45:00+03:30
EUR
Low Impact Expected
Spanish Services PMI
56.2
55.4
54.9
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 350 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-05T12:15:00+03:30
EUR
Low Impact Expected
Italian Services PMI
53.0
50.9
50.4
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-05T12:20:00+03:30
EUR
Low Impact Expected
French Final Services PMI
45.3
44.6
44.5
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-05T12:25:00+03:30
EUR
Low Impact Expected
German Final Services PMI
51.1
52.2
52.2
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-05T12:30:00+03:30
EUR
Low Impact Expected
Final Services PMI
50.6
50.7
50.7
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Jun 2007, is the earliest and thus tends to have the most impact; | Derived Via: Survey of about 2,000 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-05T13:00:00+03:30
GBP
Low Impact Expected
Final Services PMI
51.0
51.1
51.1
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Nov 2019, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 650 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-05T13:30:00+03:30
EUR
Low Impact Expected
PPI m/m
0.8%
0.3%
0.5%
Source: Eurostat (latest release) | Measures: Change in the price of finished goods and services sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Tends to have a muted impact because Germany and France, which account for about half of the Eurozone's economy, release their PPI data earlier; | Also Called: Industrial Producer Prices; | Acro Expand: Producer Price Index (PPI);
2025-03-05T16:45:00+03:30
USD
High Impact Expected
ADP Non-Farm Employment Change
77K
141K
186K
Source: Automatic Data Processing, Inc. (latest release) | Measures: Estimated change in the number of employed people during the previous month, excluding the farming industry and government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Wednesday after the month ends; | Next Release: Apr 2, 2025 | FF Notes: This data provides an early look at employment growth, usually 2 days ahead of the government-released employment data that it's designed to mimic. Source changed series calculation formula in Feb 2007, Dec 2008, and Nov 2012, to better align with government data; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: ADP analyzes payroll data from more than 25 million workers to derive employment growth estimations; | Acro Expand: Automatic Data Processing, Inc. (ADP);
2025-03-05T17:00:00+03:30
CAD
Low Impact Expected
Labor Productivity q/q
0.6%
0.6%
0.1%
Source: Statistics Canada (latest release) | Measures: Change in labor efficiency when producing goods and services; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Jun 4, 2025 | Why Traders Care: Productivity and labor-related inflation are directly linked - a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer;
2025-03-05T18:00:00+03:30
GBP
Medium Impact Expected
Monetary Policy Report Hearings
null
null
null
Source: UK Parliament (latest release) | Speaker: BOE Governor and MPC members; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Quarterly; | Next Release: Nov 18, 2025 | FF Notes: During these hearings the BOE Governor and several MPC members testify on inflation and the economic outlook before Parliament's Treasury Committee. The hearings are a few hours in length and can create market volatility for the duration. Especially noted are the direct comments made about the currency markets; | Why Traders Care: BOE MPC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Also Called: Treasury Committee Hearings, Select Committee Hearings; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2025-03-05T18:15:00+03:30
USD
Medium Impact Expected
Final Services PMI
51.0
49.7
49.7
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month; | Next Release: Apr 3, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release is the earliest and thus tends to have the most impact. Source first released in Dec 2013; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2025-03-05T18:30:00+03:30
USD
High Impact Expected
ISM Services PMI
53.5
52.5
52.8
Source: Institute for Supply Management (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Apr 3, 2025 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. Source changed series from unadjusted to seasonally adjusted as of January 2001. Source changed series calculation formula as of Feb 2008; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 300 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Also Called: Non-Manufacturing PMI, Non-Manufacturing ISM Report On Business; | Acro Expand: The Institute for Supply Management (ISM), Purchasing Managers' Index (PMI);
2025-03-05T19:00:00+03:30
USD
Low Impact Expected
Crude Oil Inventories
3.6M
0.6M
-2.3M
Source: Energy Information Administration (latest release) | Measures: Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 4 days after the week ends; | Next Release: Mar 12, 2025 | FF Notes: While this is a US indicator, it most affects the loonie due to Canada's sizable energy sector; | Why Traders Care: It's the primary gauge of supply and demand imbalances in the market, which can lead to changes in production levels and price volatility; | Also Called: Crude Stocks, Crude Levels; | Acro Expand: Energy Information Administration (EIA);
2025-03-05T22:30:00+03:30
USD
Low Impact Expected
Beige Book
null
null
null
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: 8 times per year, 2 weeks before each FOMC meeting; | Next Release: Apr 23, 2025 | FF Notes: This analysis is used by the FOMC to help make their next decision on interest rates. However, it tends to produce a mild impact as the FOMC also receives 2 non-public books - the Green Book and the Blue Book - which are widely believed to be more influential to their rate decision; | Derived Via: Anecdotal evidence supplied by the 12 Federal Reserve banks regarding local economic conditions in their district; | Also Called: Current Economic Conditions;
2025-03-06T00:00:00+03:30
USD
Low Impact Expected
Final Wholesale Inventories m/m
0.8%
0.7%
0.7%
Source: Census Bureau (latest release) | Measures: Change in the total value of goods held in inventory by wholesalers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Apr 9, 2025 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this indicator released about a week apart - Preliminary and Final. The Preliminary release, which the source first reported in Aug 2016, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a signal of future business spending because companies are more likely to purchase goods once they have depleted inventories;
2025-03-06T00:00:00+03:30
GBP
Low Impact Expected
MPC Member Mann Speaks
null
null
null
FF Notice: Source released speech text 5 hours earlier than scheduled; | Description: Due to deliver a speech titled "Holding Anchor in Turbulent Waters" at a research conference hosted by the Reserve Bank of New Zealand, in Wellington; | Source: Bank of England (latest release) | Speaker: External BOE MPC Member Catherine Mann; | Usual Effect: More hawkish than expected is good for currency; | FF Notes: MPC voting member Sep 2021 - Aug 2027; | Why Traders Care: BOE MPC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2025-03-06T00:00:00+03:30
USD
Low Impact Expected
FOMC Member Harker Speaks
null
null
null
Description: Due to speak about economic education at the National Association of Economic Educators Spring Professional Development Conference, in Philadelphia. Audience questions expected; | Source: Federal Reserve Bank of Philadelphia (latest release) | Speaker: Federal Reserve Bank of Philadelphia President Patrick Harker; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Apr 10, 2025 | FF Notes: FOMC voting member 2017, 2020, and 2023; | Why Traders Care: Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Federal Open Market Committee (FOMC);
2025-03-06T00:00:00+03:30
USD
Low Impact Expected
Trade Balance
-131.4B
-128.3B
-98.1B
Source: Bureau of Economic Analysis (latest release) | Measures: Difference in value between imported and exported goods and services during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Apr 3, 2025 | FF Notes: The goods portion has a muted impact because it's a duplicate of the Goods Trade Balance data released about 5 days earlier. A positive number indicates that more goods and services were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: International Trade in Goods and Services;
2025-03-06T00:00:00+03:30
USD
Low Impact Expected
Revised Unit Labor Costs q/q
2.2%
3.0%
3.0%
Source: Bureau of Labor Statistics (latest release) | Measures: Annualized change in the price businesses pay for labor, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Jun 5, 2025 | FF Notes: While this is q/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released a month apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most impact;
2025-03-06T00:00:00+03:30
USD
Low Impact Expected
Revised Nonfarm Productivity q/q
1.5%
1.2%
1.2%
Source: Bureau of Labor Statistics (latest release) | Measures: Annualized change in labor efficiency when producing goods and services, excluding the farming industry; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Jun 5, 2025 | FF Notes: While this is q/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released a month apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most impact; | Why Traders Care: Productivity and labor-related inflation are directly linked - a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer;