Usual effect: If the tone is more hawkish than expected, it will positively affect the USD. ▶️Powell has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe his public speeches and often use them to provide clues about future monetary policy.

Usual effect: The previous rate was 4.04M, and we expect this rate to decrease to 3.89M. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️Existing home sales are economic health's leading indicator because the sale of a home creates a widespread ripple effect. For example, the new owners make renovations, the financing bank sells the mortgage, and the brokers get paid to complete the transaction.

Usual effect: The previous rate was -13.5, and we expect this rate to increase to -6.7. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️The Philadelphia Manufacturing Index is economic health's leading indicator – businesses react quickly to market conditions, and changes in sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

Usual effect: The previous rate was 209K, and we expect this rate to increase to 210K. An amount lower than expected will positively affect the USD. ▶️This data is released monthly. ▶️Although unemployment claims are generally considered a lagging indicator, the number of unemployed people is a significant signal of the economy's general health because consumer spending is closely related to labor market conditions. Unemployment is also a concern for those who handle the country's monetary policy.

Usual effect: The previous rate was 3.7%, and we expect this rate to remain constant at 3.7%. An amount lower than expected will positively affect the AUD. ▶️This data is released monthly. ▶️Although this data is generally considered a lagging indicator, the number of unemployed people is a significant signal of the economy's general health because consumer spending is closely related to labor market conditions.

Usual effect: The previous rate was 64.9K, and we expect this rate to decrease to 20.9K. An amount higher than expected will positively affect the AUD. ▶️This data is released monthly. ▶️Changes in employment are one of consumer spending's significant indicators, which makes up for a large part of economic activities.

Usual effect: The previous rate was 6.7%, and we expect this rate to decrease to 6.6%. An amount higher than expected will positively affect the GBP. ▶️This data is released monthly. ▶️Consumer prices make up the majority of overall inflation. Inflation is essential for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.

Usual effect: The previous rate was 4.5%, and we expect this rate to decrease to 4.3%. An amount higher than expected will positively affect the CNY. ▶️This data is released monthly. ▶️Industrial production is a leading indicator of economic health - production responds quickly to the business cycle's ups and downs and is related to consumer conditions such as employment and income levels.

Usual effect: If the tone is more hawkish than expected, it will positively affect the AUD. ▶️Bullock has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe his public speeches and often use them to provide clues about future monetary policy.