Upcoming Market Updates: NZD, CAD, JPY, GBP, AUD, EUR, USD

NZD: RBNZ Gov Orr Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

CAD: BOC Gov Macklem Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

JPY: Monetary Base y/y, it measures Change in the total quantity of domestic currency in circulation and current account deposits held at the BOJ.

JPY: Monetary Policy Meeting Minutes, It’s a detailed record of the BOJ Policy Board’s meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates.

GBP: BRC Shop Price Index y/y, it measures Change in the price of goods purchased at BRC-member retail stores.

AUD: Building Approvals m/m, it measures Change in the number of new building approvals issued.

EUR: German Trade Balance, it measures Difference in value between imported and exported goods during the reported month.

EUR: French Gov Budget Balance, it measures Difference in value between the central government’s income and spending for the year-to-date.

EUR: Spanish Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

EUR: Italian Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

EUR: French Final Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

EUR: German Final Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

EUR: German Unemployment Change, it measures Change in the number of unemployed people during the previous month.

EUR: Final Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

USD: ADP Non-Farm Employment Change, it measures Estimated change in the number of employed people during the previous month, excluding the farming industry and government.

USD: Crude Oil Inventories, it measures Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

EUR: German Buba President Nagel Speaks, ECB Governing Council members vote on where to set the Eurozone’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.

USD: FOMC Statement, It’s the primary tool the FOMC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.

USD: Federal Funds Rate, it measures Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.

USD: FOMC Press Conference, It’s among the primary methods the Fed uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, along with commentary about economic conditions such as the future growth outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

NZD: RBNZ Gov Orr Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.