Usual effect: The previous rate was 4.9%, and we expect this rate to increase to 5.0%. An amount higher than expected will positively affect the currency. ▶️This data is published quarterly, so we can say that it is the most extensive measure of economic activity and the primary measure of economic health. Therefore, it can be important for traders. ▶️This event represents the change in the value of all goods and services produced by the economy. The inflation rate is calculated in this data, and that is why this data is significant for traders.

Usual effect: The previous rate was 3.5%, and we expect this rate to increase to 3.7%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️Consumer price index constitutes the majority of inflation. Inflation is essential for currency valuation because the ascending prices cause the central bank to raise interest rates due to inflation control.

Usual effect: The previous rate was 0.0%, and we expect this rate to decrease to -0.1%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️This index is composed of the data of 6 German states that report their CPI during the day. Two CPI versions (preliminary and final) are published with a 15-day interval.

Usual effect: If the statement is more hawkish than expected, it will positively affect the NZD. ▶️The press conference lasts about 30 minutes in two parts. The prepared statement is read first and then the conference is open for questions from the press. Questions sometimes lead to over-the-top answers, causing extreme market swings. The press conference will be streamed live on the RBNZ website.

Usual effect: If the statement is more hawkish than expected, it will positively affect the NZD. ▶️This data is published seven times a year. ▶️This statement is one of the main ways the RBNZ Board of Governors communicates with investors about monetary policy, and includes the outcome of their interest rate decision and explanations of economic conditions that affect their decision. More importantly, it discusses the economic outlook and provides clues about the future decisions' outcome.

Usual effect: If the tone is more hawkish than expected, it will positively affect the NZD. ▶️This statement provides valuable insight into the Bank's view of economic conditions, inflation, and key factors that shape the monetary policy's future and influence their interest rate decisions.

Usual effect: The previous rate was 5.50%, and we expect this rate to remain constant at 5.5%. ▶️This data is issued seven times a year. ▶️Short-term interest rates are the main factor in the currency valuation. Most traders monitor other indicators merely to predict future rate changes.

Usual effect: The previous rate was 5.6%, and we expect this rate to decrease to 5.2%. An amount higher than expected will positively affect the currency. ▶️This index is issued monthly. ▶️The CPI accounts for the majority of inflation. Inflation is essential for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.

Usual effect: If the tone is more hawkish than expected, it will positively affect the EUR. ▶️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.