Usual effect: The previous rate was 49.7, and we expect this rate to increase to 50.2. An increase higher than expected will positively affect the CNY. ▶️This data is released monthly. ▶️A number above 50.0 indicates an industry expansion, and below 50 indicates contraction conditions. Because China influences the global economy and investor sentiment, data from China can widely impact currency markets. This statistic is the economic health's leading indicator. Businesses react to market conditions quickly, and their purchasing managers assumably 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 USD. ▶️Speaker: John Williams. ▶️The Federal Reserve's FOMC Members vote on setting the nation's key interest rates, and their public engagements are often used to provide clues about future monetary policy.

Usual effect: The previous rate was 48.7, and we expect this rate to decrease to 47.5. 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 a leading indicator of economic health. Businesses react quickly to market conditions, and their purchasing managers probably have the most recent and relevant insight into the company's view of the economy.

Usual effect: The previous rate was 5.2%, and we expect this rate to decrease to 4.5%. An increase higher than expected will positively affect the EUR. ▶️This data is released monthly. ▶️This estimate is based on the Eurozone 13 member countries that report prelim CPI data. Flash and Final are two versions of this report published about two weeks apart. The Flash is the first version released and has the most impact. Consumer prices account for the majority of inflation. Inflation is significant for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.

Usual effect: The previous rate was 5.3%, and we expect this rate to decrease to 4.8%. An increase higher than expected will positively affect the EUR. ▶️This data is released monthly. ▶️This estimate is based on the Eurozone 13 member countries that report prelim CPI data. Flash and Final are two versions of this report published about two weeks apart. The Flash release is the first version and has the most impact. Consumer prices account for the majority of inflation. Inflation is significant for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.

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 European 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 2.8%, and we expect this rate to decrease to 2.6%. An increase higher than expected will positively affect the JPY. ▶️This data is released monthly. ▶️Tokyo is the most populous city in Japan, and the city's CPI data is released one month before the national CPI. This prelim data is believed to be the most important news on consumer inflation in this country. Consumer prices account for the majority of inflation. Inflation is significant for currency valuation because ascending prices cause the central bank to change its monetary policies to curb inflation.

Usual effect: The previous rate was 67.7, and we expect this rate to remain the same. An increase higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️Prelim and Revised are two versions of this data published 15 days apart. The Prelim is released first and has more impact. This index indicates financial certainty for consumer spending, which includes most economic activity.

Usual effect: The previous rate was 0.2%, and we expect this rate to remain the same. An increase higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️In this index, prices are weighted based on total spending, providing significant insights into consumer behavior. The CPI is released about ten days earlier and gets most of the attention. This index is the main measure of the Federal Reserve inflation rate. Inflation is significant for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.