Usual effect: Generally, we expect the previous interest rate, which was 3.45%, to be unchanged, but the CNY currency will strengthen if this rate increases. ▶️This data is published monthly. ▶️This lending rate index is a benchmark set by the People's Bank of China to influence short-term interest rates as part of its monetary policy strategy. Short-term interest rate is the main factor in currency valuation. Traders look at most other indicators merely to predict the rate changes in the future.

Usual effect: Generally, if the published number is higher than the forecast at the release time, it will positively affect the CAD currency.

Usual effect: Generally, a high rate at the release time indicates a hawkish attitude by the BoC and positively affects the CAD currency.

Usual effect: The BOC's target is the (1-3%) inflation range. Generally, a high rate is considered a rate hike forecast and positively affects the CAD currency.

Usual effect: Markets might witness interest rate hikes, which will positively affect the AUD currency if the RBA is pessimistic about the economic inflation outlook.

Common effect: If the published number is higher than the forecast at the release time, it will positively affect the related currency. ▶️This data is published monthly. ▶️Since financial confidence is the main indicator of consumer spending. This group also makes up most of the country's economic activities. Therefore, this data can be important for traders.

Common effect: If the published number is higher than the forecast at the release time, it will positively affect the US Dollar. ▶️This data is published monthly, and this event shows the number of economic indicators published based on a survey of goods manufacturers in the New York state. Also, this data is a leading indicator to show how healthy the economy is, as economists are aware of the current economic conditions due to their jobs, and changes in their sentiments can be an early signal of future economic activities. Hence, this data is significant for traders.

Common effect: If the published number is higher than the forecast at the release time, it will positively affect the Chinese Yen. ▶️This event shows the change in the price of the goods produced in the mining and facilities sector and impacts the inflation rate. ▶️This data is published monthly. Since this data is an important indicator showing China's economic health, it is significant for traders.

Common effect: If the published number is higher than the forecast at the release time, it will positively affect the US Dollar. ▶️This data is published eight times a year. Since short-term interest rates are the main factor in currency valuation, and traders look at most other indicators simply to predict how interest rates will change in the future, this data provides traders with all this information, which is significant for traders.