Economic calendar
The scheduled releases that move forex, gold and indices, with each issuer's release time converted to your own clock. This page carries the schedule and what each release is; the figures — previous, consensus, actual — are on the InnoMP calendar, linked below.
Upcoming
| Date | Release | Issuer time | Your time | Impact |
|---|---|---|---|---|
| Wed 28 Oct | FOMC rate decision | 14:00 New York | — | high |
| Thu 29 Oct | ECB rate decision | 14:15 Frankfurt | — | high |
| Fri 30 Oct | Bank of Japan policy decision | 12:00 Tokyo | — | high |
| Thu 5 Nov | Bank of England rate decision | 12:00 London | — | high |
| Fri 6 Nov | Non-farm payrolls | 08:30 New York | — | high |
| Tue 10 Nov | Consumer Price Index | 08:30 New York | — | high |
| Fri 4 Dec | Non-farm payrolls | 08:30 New York | — | high |
| Wed 9 Dec | FOMC rate decision | 14:00 New York | — | high |
| Thu 10 Dec | Consumer Price Index | 08:30 New York | — | high |
| Thu 17 Dec | ECB rate decision | 14:15 Frankfurt | — | high |
| Thu 17 Dec | Bank of England rate decision | 12:00 London | — | high |
| Fri 18 Dec | Bank of Japan policy decision | 12:00 Tokyo | — | high |
Dates and times are copied from each issuer's published schedule (linked under each release) and shown in the issuer's local time; conversion to your time zone is done by your browser. Issuers occasionally move a release — confirm on the day. Information only, not investment advice.
The releases, one by one
Non-farm payrolls
- When
- Monthly, usually the first Friday
- Issuer time
- 08:30 New York
- Your time
- —
- Usually moves
- USD pairs, gold, US indices
The monthly change in US employment outside farming. The headline figure is the most-watched single data point of the month; the reaction is to the gap against consensus, not to the number itself.
Consumer Price Index
- When
- Monthly, around the 10th to 14th
- Issuer time
- 08:30 New York
- Your time
- —
- Usually moves
- USD pairs, gold, US indices
US consumer inflation. It sets expectations for the next rate decision, which is why a surprise in either direction moves rate-sensitive instruments before the Federal Reserve has said anything.
FOMC rate decision
- When
- Eight scheduled meetings a year
- Issuer time
- 14:00 New York
- Your time
- —
- Usually moves
- USD pairs, gold, US indices, everything rate-sensitive
The Federal Reserve's policy rate decision and statement, with a press conference half an hour later. The decision is often priced in; the statement wording and the projections are where the move usually comes from.
ECB rate decision
- When
- Eight monetary policy meetings a year
- Issuer time
- 14:15 Frankfurt
- Your time
- —
- Usually moves
- EUR pairs, European indices
The European Central Bank's policy rate decision, followed by a press conference at 14:45. Euro pairs react to the decision first and to the guidance in the press conference second.
Bank of England rate decision
- When
- Eight Monetary Policy Committee announcements a year, on Thursdays
- Issuer time
- 12:00 London
- Your time
- —
- Usually moves
- GBP pairs, FTSE
The Monetary Policy Committee's Bank Rate decision, published with the vote split. A divided vote can move sterling as much as the decision itself.
Bank of Japan policy decision
- When
- Eight monetary policy meetings a year
- Issuer time
- No fixed time — published when the meeting ends, typically around midday Tokyo
- Usually moves
- JPY pairs, Nikkei
The Bank of Japan's policy decision. Unlike the other central banks it has no fixed release time, which is itself a source of volatility in yen pairs across the Tokyo session on decision days.
ISM Manufacturing PMI
- When
- Monthly, first business day
- Issuer time
- 10:00 New York
- Your time
- —
- Usually moves
- USD pairs, US indices
A survey of purchasing managers, read as an early signal of the month's activity. The 50 line separates expansion from contraction, and a cross of it draws more attention than the size of the move.
Eurozone inflation flash estimate
- When
- Monthly, at the end of the month or first days of the next
- Issuer time
- 11:00 Brussels
- Your time
- —
- Usually moves
- EUR pairs
The first estimate of euro-area consumer inflation, ahead of the full release. It is the inflation reading the ECB's next decision is read against.
UK Consumer Price Index
- When
- Monthly, around the middle of the month
- Issuer time
- 07:00 London
- Your time
- —
- Usually moves
- GBP pairs
UK consumer inflation, released before the London open. It lands into a thin book, which makes the first minutes of the reaction larger than the number alone would justify.
US GDP (advance estimate)
- When
- Quarterly, at the end of the month following the quarter
- Issuer time
- 08:30 New York
- Your time
- —
- Usually moves
- USD pairs, US indices
The first estimate of quarterly US output. It is revised twice afterwards, so the advance print is the one that moves price and the later ones rarely do.
Read next
How to trade around these without being the liquidity: Trading the economic calendar · Forex market hours · Forex market sessions · Economic calendar and Consensus forecast in the glossary.