Usual effect: The previous rate was 39900, and we expect this rate to decrease to 22100. An amount higher than expected will positively affect the CAD. ▶️This data is released monthly. ▶️This index includes vital economic data published instantly after the end of the month. The importance of statistics and their early release leads to strong market impacts. Job creation is an important leading indicator of consumer spending, which makes up most of the economic activity.
Usual effect: The previous rate was 694 billion, An amount lower than expected will positively affect the CHF. ▶️This data is released monthly. ▶️This data provides insight into the performance of the SNB in the forex market, like how actively they defend the franc's exchange rate against the euro.
Usual effect: The previous rate was 53.5, and we expect this rate to decrease to 50.8. An increase higher than expected will positively affect the CAD. ▶️This data is released monthly. ▶️A number above 50 indicates industry expansion, and below 50 indicates contraction conditions. This statistic is economic health's leading indicator. Businesses react quickly to market conditions, and their purchasing managers probably have the most recent and relevant insight into the company's economic view.
Usual effect: The previous rate was 204,000, and we expect this rate to increase to 211,000. 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 an important 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 50.8, and we expect this rate to decrease to 50.0. An increase higher than expected will positively affect the GBP. ▶️This data is released monthly. ▶️A number above 50 indicates industry expansion, and below 50 indicates contraction conditions. This statistic is economic health's leading indicator. Businesses react quickly to market conditions, and their purchasing managers probably have the most recent and relevant insight into the company's economic view.
Usual effect: If the speech is hawkish, it will positively affect the EUR. ▶️Speaker: Christine Lagarde. ▶️The market will experience a lot of volatility during Lagarde's speech as traders try to decipher the interest rate clues. Lagarde has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe her public speeches and often use them to provide clues about future monetary policy.
Usual effect: The previous rate was 54.5, and we expect this rate to decrease to 53.5. An increase higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️A number above 50 indicates industry expansion, and below 50 indicates contraction conditions. This statistic is economic health's leading indicator. Businesses react quickly to market conditions, and their purchasing managers probably have the most recent and relevant insight into the company's economic view.
Usual effect: The previous rate was 177,000, and we expect this rate to decrease to 155,000. An increase higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️These data provide an initial view of employment growth. Job creation is an important leading indicator of consumer spending, which makes up for most of economic activity.
▶️This meeting is held monthly. ▶️Delegates from 13 OPEC members and 11 other oil-rich countries attend these meetings. They discuss issues related to energy markets and, most importantly, agree on the oil production amount. The meetings are closed to the press, but officials usually speak to reporters throughout the day, and an official statement of the meeting's policy changes and goals is released after they end.
Usual effect: If the speech is hawkish, it will positively affect the EUR. ▶️Speaker: Christine Lagarde. ▶️The market will experience a lot of volatility during Lagarde's speech as traders try to decipher the interest rate clues. Lagarde has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe her public speeches and often use them to provide clues about future monetary policy.