Usual effect: If the speech is hawkish, it will positively affect the GBP. ▶️Speaker: Andrew Bailey. ▶️The market will experience a lot of volatility during Bailey's speech as traders try to decipher the interest rate clues. Bailey 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 -0.3%, and we expect this rate to increase to -2.4%. An amount higher than expected will positively affect the CNY. ▶️This data is released monthly. ▶️This statistic is a leading indicator for consumer inflation. The higher costs are usually passed on to the consumer when businesses pay more for goods and services.

Usual effect: The previous rate was 0.1%, and we expect this rate to increase to 0.2%. An amount higher than expected will positively affect the CNY. ▶️This data is released monthly. ▶️Consumer prices make up the majority of inflation. Inflation is essential for currency valuation because increasing prices cause the central bank to raise interest rates to curb inflation.

Usual effect: The previous rate was 207.000, and we expect this rate to increase to 216.000. An amount lower than expected will positively affect the USD. ▶️This data is released weekly. ▶️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. 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 decrease to 3.6%. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️Consumer prices account for the majority of inflation. Inflation is essential for currency valuation because increasing prices cause the central bank to raise interest rates to curb inflation.

Usual effect: The previous rate was 0.6%, and we expect this rate to decrease to 0.3%. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️Consumer prices account for the majority of inflation. Inflation is essential for currency valuation because increasing prices cause the central bank to raise interest rates to curb inflation.

Usual effect: The previous rate was 0.3%, and we expect this rate to remain the same. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️Food and energy prices account for about a quarter of the CPI. But, these prices are highly volatile and distort the underlying trend. Usually, the FOMC and traders pay more attention to the underlying data. Consumer prices account for the majority of inflation. Inflation is essential for currency valuation because increasing prices cause the central bank to raise interest rates to curb inflation.

Usual effect: The previous rate was -0.5%, and we expect this rate to increase to 0.2%. An amount higher than expected will positively affect the GBP. ▶️This data is released monthly. ▶️This index is the economic activity's broadest measure and the main measure of economic health.

Usual effect: If the minutes are hawkish, it will positively affect the USD. ▶️This data is published eight times a year. ▶️This data is the last FOMC meeting's detailed minutes, providing deep insights into the economic and financial conditions that influenced their vote on setting the interest rates.