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DTSTART;TZID=America/New_York:20261125T083000
DTEND;TZID=America/New_York:20261125T093000
DTSTAMP:20260825T104620Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104620Z
UID:1309-1795595400-1795599000@www.financecalendar.com
SUMMARY:US Personal Income and Outlays (PCE) November 2026
DESCRIPTION:Next US Retail Sales: Wednesday\, November 25\, 2026 at 8:30 am ET (1:30 pm London). Covers October 2026 data. \n\nConsensus\nNot yet available\nActual\nPending\n\nFull schedule and background: US Retail Sales. \nUpdated August 25\, 2026 \n\n← Previous US Retail SalesNext US Retail Sales →\nThe Bureau of Economic Analysis (BEA) will release the October 2026 Personal Income and Outlays report on Wednesday\, November 25\, 2026\, at 8:30 a.m. Eastern Time. The report includes the Personal Consumption Expenditures (PCE) price index\, the Federal Reserve’s preferred inflation gauge\, alongside personal income and consumer spending data. November 25 is the day before Thanksgiving\, making it one of the last major US economic data releases before markets close for the holiday. The same day also sees the release of the US GDP Q3 2026 second estimate. As of April 2026\, core PCE stood at 3.3% year-on-year. Consensus forecasts will be available in the week before the release. \n\n\n\nAt a Glance\n\n\n\n\nRelease Date\nWednesday\, November 25\, 2026\, 8:30 a.m. ET\n\n\nData Covered\nOctober 2026 personal income and spending\n\n\nPublished By\nBureau of Economic Analysis (BEA)\n\n\nPrior Core PCE (YoY)\n3.3% (April 2026\, most recent available)\n\n\nSame Day Release\nGDP Q3 2026 Second Estimate\n\n\nContext\nDay before Thanksgiving; pre-holiday data release\n\n\n\nWhat is the PCE Price Index?\nThe Personal Consumption Expenditures (PCE) price index is the Federal Reserve’s official inflation target measure\, published monthly by the Bureau of Economic Analysis. PCE tracks changes in prices paid for goods and services by US households\, including expenditures made on their behalf by employers and government entities\, providing broader coverage than the Consumer Price Index (CPI). The core version\, which excludes food and energy\, is the metric most closely monitored by the Federal Open Market Committee (FOMC) when setting interest rate policy. \nThe Fed’s stated target is 2% for headline PCE over the longer run. Core PCE reached 3.3% year-on-year by April 2026\, having risen steadily from 2.7% in October 2025. This persistent upward trend has kept the federal funds rate at a restrictive level throughout 2026\, with policymakers watching each monthly release for evidence that inflation is returning to target. The November 25 release will provide the October 2026 reading\, one of the final inflation data points before the year’s close. \nThe Personal Income and Outlays report additionally covers personal income growth and consumer spending\, both of which give policymakers and economists insight into the financial health of US households. The October data will reflect how consumers are behaving heading into the important holiday shopping season\, making the spending component particularly valuable context alongside the inflation reading. \nUS Personal Income and Outlays (PCE) Release: November 25\, 2026\nNovember 25 is the day before Thanksgiving\, making this one of the more unusual calendar placements for a major economic release. Trading liquidity tends to diminish in the afternoon ahead of the holiday\, meaning the morning release at 8:30 a.m. Eastern Time will receive the full attention of a normal trading day before institutional desks wind down for the break. Any significant surprise in the PCE print may produce amplified intraday moves given the reduced afternoon capacity to absorb fresh positions. \nThe November 25 release arrives two weeks after the FOMC’s December 9\, 2026 meeting\, the year’s final rate decision. PCE data for October will be one of the key inflation inputs the Fed reviews ahead of December’s meeting. If core PCE shows further progress toward 2%\, it increases the probability of a rate cut in December. A still-elevated reading reinforces the case for holding rates into 2027. \nOn the same day\, the BEA will publish the GDP Q3 2026 second estimate\, which revises the advance estimate released on October 29. Markets will receive both the inflation update and the revised growth figure simultaneously\, providing a comprehensive view of the US economic conditions through October. \nWhy This PCE Release Matters\nThe November 25 PCE report will arrive at a pivotal moment in the Fed’s policy cycle. By late November 2026\, policymakers will have access to PCE data through October and CPI data through November. The October PCE reading (November 25 release) and the November CPI (November 10) will be the twin inflation inputs for the December FOMC meeting. Together with the October employment report\, they will determine whether the Fed ends 2026 on a hold or begins its easing cycle. \nThe October spending component reflects the first full month of autumn consumer activity\, including back-to-school follow-through and early pre-holiday purchases. Strong nominal spending at elevated price levels could signal a resilient consumer but also confirm that inflation is being passed through to end prices without demand destruction. Weak spending would indicate that the combination of high prices and tight credit conditions is beginning to bite into consumer outlays. \nFor global markets\, the November 25 PCE release also matters in the context of the dollar’s performance. Higher-than-expected PCE inflation reduces the probability of a December rate cut\, supporting dollar strength and potentially tightening global financial conditions ahead of the holiday period. Lower-than-expected PCE would increase cut probabilities\, weaken the dollar\, and support risk assets heading into year-end. \nWhat to Watch For\n\nCore PCE above 3.0% YoY – Would keep the December rate-cut probability low and reinforce the case for holding rates into 2027. Likely to support the dollar and weigh on rate-sensitive equities.\nCore PCE between 2.5% and 3.0% YoY – Meaningful progress toward the 2% target. Likely to raise December cut expectations and provide a positive tone heading into the holiday season for risk assets.\nCore PCE below 2.3% YoY – A significant undershoot that would firmly establish rate cuts as the December base case. Likely to produce sharp moves in bonds and equities in what could be thin pre-holiday markets.\n\nWatch the monthly personal spending figure for any early signal on holiday consumer sentiment. Strong spending growth in October would follow through the Thanksgiving and Christmas seasons and feed into stronger Q4 2026 GDP estimates. \nHistorical Context\n\n\n\nRelease Month\nData Month\nCore PCE (YoY)\nCore PCE (MoM)\n\n\n\n\nMay 2026\nApril 2026\n3.3%\n+0.24%\n\n\nApril 2026\nMarch 2026\n3.2%\n+0.30%\n\n\nMarch 2026\nFebruary 2026\n3.0%\nn/a\n\n\nJan 2026\nDecember 2025\n3.0%\n+0.40%\n\n\nJan 2026\nNovember 2025\n2.8%\nn/a\n\n\nJan 2026\nOctober 2025\n2.7%\nn/a\n\n\n\nMarket Positioning\nWith the Thanksgiving holiday reducing afternoon trading activity\, markets will focus intensely on the 8:30 a.m. release window. Any significant deviation from consensus in either PCE or the GDP second estimate will generate outsized moves relative to a normal trading day. Equity and bond markets close early on the day before Thanksgiving\, with equity markets shutting at 1:00 p.m. Eastern Time\, concentrating all the price action into the morning session. \nThe dollar and Treasury yields are particularly sensitive to the November 25 PCE print because it directly informs the December FOMC base case. Futures traders will update their December rate-cut probabilities immediately after the 8:30 a.m. release\, with the CME FedWatch tool providing real-time probability estimates. These shifts cascade into equity sector rotation\, with rate-sensitive sectors such as utilities and real estate moving inversely to cut expectations. \nRelated Events\n\nFOMC Rate Decision December 2026 – The December 9 rate decision is the primary target for which the November 25 PCE data provides critical input.\nUS CPI Report November 2026 – Released November 10\, providing the October CPI reading that pairs with the October PCE data for a complete inflation picture.\nUS Employment Situation November 2026 – Released November 6\, the October jobs data completes the pre-Thanksgiving economic picture alongside PCE and GDP.\n\nFrequently Asked Questions\nWhy is the November 25 PCE release particularly sensitive for markets?\nThe November 25 release covers October 2026 PCE data\, which is one of the key inflation inputs for the FOMC’s December 9 rate decision. Combined with November CPI (released November 10)\, it provides the inflation evidence policymakers need to decide whether to hold or cut in December. Additionally\, the pre-Thanksgiving timing means thin afternoon liquidity amplifies any morning data surprise. \nWhen is the November 2026 PCE report released?\nThe BEA will publish the October 2026 Personal Income and Outlays report at 8:30 a.m. Eastern Time on Wednesday\, November 25\, 2026\, the day before Thanksgiving. US equity markets close early (1:00 p.m. ET) on the day before Thanksgiving. \nWhat does the October spending data tell us about the holiday shopping season?\nOctober personal spending data captures early pre-holiday activity and is used alongside retail sales data to build estimates of Q4 2026 GDP. Strong October consumer spending suggests households are entering the holiday season with financial confidence\, while weak spending may signal that tight credit conditions and high prices are beginning to constrain consumer outlays ahead of Christmas.
URL:https://www.financecalendar.com/event/us-personal-income-and-outlays-pce-november-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261125T083000
DTEND;TZID=America/New_York:20261125T093000
DTSTAMP:20260825T104622Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104622Z
UID:1310-1795595400-1795599000@www.financecalendar.com
SUMMARY:US Gross Domestic Product November 2026
DESCRIPTION:Next US Gross Domestic Product: Wednesday\, November 25\, 2026 at 8:30 am ET (1:30 pm London). Covers Q3 2026 data. \n\nConsensus\nNot yet available\nActual\nPending\n\nFull schedule and background: US Gross Domestic Product. \nUpdated August 25\, 2026 \n\n← Previous US Gross Domestic ProductNext US Gross Domestic Product →\nThe Bureau of Economic Analysis (BEA) will release the US Gross Domestic Product (GDP) Q3 2026 Second Estimate on Wednesday\, November 25\, 2026\, at 8:30 a.m. Eastern Time. The second estimate updates the advance Q3 2026 GDP figure released on October 29 with additional source data and revisions. The November 25 release falls on the day before Thanksgiving\, making it a high-impact pre-holiday data point released alongside the October 2026 Personal Income and Outlays (PCE) report. Real GDP grew at an annualised rate of 1.6% in Q1 2026 (second estimate); Q2 and Q3 2026 performance will reflect whether this moderation deepened or reversed during the year. \n\n\n\nAt a Glance\n\n\n\n\nRelease Date\nWednesday\, November 25\, 2026\, 8:30 a.m. ET\n\n\nGDP Estimate\nQ3 2026 Second Estimate\n\n\nPublished By\nBureau of Economic Analysis (BEA)\n\n\nPrior GDP (Q1 2026)\n+1.6% annualised (second estimate)\n\n\nSame Day Release\nPCE October 2026\n\n\nMarket Impact\nMedium (second estimate revisions usually minor)\n\n\n\nWhat is the US GDP Second Estimate?\nGross Domestic Product measures the total monetary value of all goods and services produced within the United States in a given period\, adjusted for inflation and expressed as an annualised quarterly growth rate. The BEA publishes GDP in three stages: the advance estimate (released approximately four weeks after the quarter ends)\, the second estimate (released approximately eight weeks after quarter-end)\, and the third estimate (approximately 12 weeks after quarter-end). Each subsequent estimate incorporates more complete source data\, reducing the revision risk inherent in the initial advance figure. \nThe Q3 2026 second estimate\, published November 25\, revises the advance estimate released on October 29. Second estimates typically incorporate more complete retail sales\, services spending\, and international trade data. Revisions to second estimates are common but rarely large: the average revision between the advance and second estimate for US GDP is approximately 0.3 to 0.5 percentage points in either direction. A revision larger than one percentage point would be unusual and would attract significant market attention. \nGDP measures the broadest health of the US economy. After robust growth of 3.8% in Q2 2025 and 4.4% in Q3 2025\, the US economy decelerated sharply to 0.5% in Q4 2025\, partly due to the impact of a federal government shutdown. Q1 2026 recovered to 1.6% annualised. The Q3 2026 second estimate will be a key data point in assessing how the second half of 2026 is tracking. \nUS GDP Q3 2026 Second Estimate: November 25\, 2026\nThe November 25 report revises the Q3 2026 advance estimate published on October 29. The second estimate incorporates updated data from government agencies\, trade surveys\, and private sector sources that were not yet available when the advance figure was compiled. Markets typically react less to second and third estimates than to advance estimates\, since the advance figure sets the initial baseline and revisions are usually modest. \nHowever\, the November 25 release remains significant because it arrives alongside the October PCE data\, creating a simultaneous dual release of the two most important BEA outputs. If the second estimate revises Q3 2026 GDP materially downward while PCE shows stubborn inflation\, markets face a stagflationary signal that is difficult for the Fed to address: cutting rates to support growth risks re-accelerating inflation\, while holding rates to fight inflation risks deepening the growth slowdown. \nThe GDP Q3 second estimate will also contain updated corporate profits data and a breakdown of GDP by major expenditure components: personal consumption\, government spending\, investment\, and net exports. Analysts will examine whether the composition of growth is consistent with a healthy expansion or points to underlying imbalances that could affect the H2 2026 and early 2027 outlook. The October PCE data released at the same time will provide complementary data on consumer spending and inflation. \nWhy This GDP Release Matters\nBy the time the November 25 second estimate is published\, the FOMC will be in the run-up to its final meeting of the year on December 9. The combined GDP and PCE data released on November 25 will be among the last major economic data points available before the December FOMC decision. If Q3 2026 GDP shows continued deceleration from the 1.6% pace seen in Q1\, it strengthens the argument for easing policy. If it surprises to the upside while PCE remains elevated\, the Fed’s decision becomes more complicated. \nInternational context also shapes how US GDP data is interpreted. The European Central Bank and Bank of England are managing their own growth and inflation balances\, and any divergence between US and European growth trajectories has implications for currency markets and global trade flows. A sharp US deceleration relative to Europe would raise questions about dollar strength and could shift global portfolio allocations. \nThe GDP decomposition will also be analysed for clues about the durability of consumer spending. If personal consumption is driving Q3 2026 growth\, it suggests resilience in the face of restrictive monetary policy. If growth is being supported primarily by government spending or inventory accumulation (which cannot be sustained indefinitely)\, the quality of growth is lower and forward estimates should be adjusted. \nWhat to Watch For\n\nQ3 GDP revised above +2.5% – An upward revision that reduces recession concerns. Likely to support equities\, reduce urgency for December rate cut\, and give the Fed more flexibility to hold rates at current levels.\nQ3 GDP confirmed in a +1.5% to +2.0% range – In line with the trend from Q1 2026\, suggests a soft but stable growth environment. Market reaction likely muted; attention will focus on whether PCE data released simultaneously is moving in the right direction.\nQ3 GDP revised below +1.0% – A significant downward revision that raises recession risk\, particularly coming after Q4 2025’s 0.5% print. Likely to lift Treasury bond prices (lower yields)\, weigh on equities\, and strengthen expectations for a December rate cut.\n\nHistorical Context\n\n\n\nQuarter\nReal GDP Growth (Annualised)\nKey Driver\n\n\n\n\nQ1 2026\n+1.6%\nSecond estimate; partial recovery from Q4 slowdown\n\n\nQ4 2025\n+0.5%\nFederal government shutdown (Oct 1 – Nov 12\, 2025)\n\n\nQ3 2025\n+4.4%\nStrong consumer spending and business investment\n\n\nQ2 2025\n+3.8%\nRobust domestic demand and services spending\n\n\nFull Year 2025\n+2.1%\nAnnual rate; Q4 shutdown weighed on full-year average\n\n\n\nMarket Positioning\nSecond estimates of GDP rarely produce large market moves on their own. However\, the November 25 release’s pairing with PCE data and its proximity to the December FOMC meeting create conditions where even a moderate revision can shift rate-cut probabilities meaningfully. Traders will monitor the simultaneous PCE and GDP releases in real time\, using the combined picture to update their December meeting forecasts in the immediate aftermath of the 8:30 a.m. publication. \nThe pre-Thanksgiving timing (with equity markets closing early at 1:00 p.m. Eastern Time) creates an unusual morning-only window for price discovery. Institutional investors will need to form their views and execute any position changes within the condensed morning session\, which can produce faster and more decisive price moves than a typical data-release morning. \nRelated Events\n\nUS Personal Income and Outlays (PCE) November 2026 – Released simultaneously on November 25\, providing the October inflation and spending data alongside the GDP revision.\nFOMC Rate Decision December 2026 – The December 9 rate decision directly follows the November 25 GDP and PCE releases; the combined data will be a primary input for the year-end policy decision.\nUS Gross Domestic Product September 2026 – The Q2 2026 third estimate released September 30\, providing the most recent finalised GDP baseline before the Q3 estimates begin.\n\nFrequently Asked Questions\nWhat is the difference between the GDP advance estimate and the second estimate?\nThe advance estimate\, released approximately four weeks after the quarter ends\, is based on incomplete source data and is subject to revision. The second estimate\, released eight weeks after quarter-end\, incorporates more complete data from government surveys\, trade reports\, and business accounts. Revisions are typically modest (averaging 0.3-0.5 percentage points) but can occasionally be larger when new data reveals significant differences from initial estimates. \nWhen is the November 2026 GDP report released?\nThe BEA will publish the Q3 2026 GDP second estimate at 8:30 a.m. Eastern Time on Wednesday\, November 25\, 2026\, the day before Thanksgiving. US equity markets close early (1:00 p.m. ET) that day. \nHow does the GDP second estimate affect Federal Reserve policy?\nThe GDP second estimate informs the Fed’s assessment of economic momentum. Released alongside PCE data on November 25\, two weeks before the December FOMC meeting\, it provides policymakers with a comprehensive Q3 growth picture. Notably weak GDP combined with persistent inflation creates a difficult policy trade-off; strong growth with moderating inflation is the more benign scenario that could support an end-of-year rate cut.
URL:https://www.financecalendar.com/event/us-gross-domestic-product-november-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261125T083000
DTEND;TZID=America/New_York:20261125T093000
DTSTAMP:20260902T093318Z
CREATED:20260902T093318Z
LAST-MODIFIED:20260902T093318Z
UID:2445-1795595400-1795599000@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: November 25\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Wednesday\, November 25\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\nRecent weekly readings near 200\,000-220\,000; continuing claims ~1.78 million (August 2026)\nActual\nPending\n\nFull schedule and background: US Initial Jobless Claims. \nUpdated September 2\, 2026 \n\n← Previous US Initial Jobless Claims\nThe US Initial Jobless Claims report for the week ending November 21\, 2026 is released on Wednesday\, November 25\, 2026 at 8:30 am ET (1:30 pm London time) by the US Department of Labor. The figure counts the number of people filing new claims for unemployment benefits in the previous week\, one of the timeliest signals of the health of the American labour market. Full schedule and background: US Initial Jobless Claims. \nWhat is the consensus forecast?\nAs of writing\, a consensus forecast for the November 25 release has not yet been published. Economists’ median estimates typically appear from data providers such as Reuters and Bloomberg only a day or two before release\, so readers should check back closer to the date. Through the summer and autumn of 2026\, weekly initial claims had been running broadly in a 200\,000 to 220\,000 range\, with continuing claims (people still receiving benefits after their first week) near 1.78 million\, according to Trading Economics. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nInitial claims\nRecent weekly readings near 200\,000 to 220\,000 (2026)\nNot yet published\n\n\nContinuing claims\nAround 1.78 million (August 2026)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nAbove consensus\nRead as a sign of a softening labour market; can support expectations of a more dovish Federal Reserve (dovish means leaning towards cutting interest rates or holding them low)\nMore people than expected filed for unemployment benefits\, hinting at rising job losses\n\n\nIn line with consensus\nLimited market reaction; existing view of the labour market largely confirmed\nClaims came in close to what economists expected\, so little changes\n\n\nBelow consensus\nRead as a sign of continued labour-market resilience; can reduce expectations of near-term rate cuts\nFewer people than expected filed for unemployment benefits\, suggesting the jobs market remains firm\n\n\n\nWhy it matters this week\nWeekly jobless claims sit alongside the monthly non-farm payrolls report as one of the Federal Reserve’s key gauges of the labour market when setting interest rates. Through much of 2026\, claims stayed low by historical standards even as some other indicators\, including softer payroll growth\, pointed to a cooling jobs market\, a pattern that Federal Open Market Committee members have cited when discussing whether the US economy remains close to full employment\, according to Trading Economics. A run of higher-than-usual claims figures in the weeks around Thanksgiving would add weight to arguments for further Fed rate cuts\, while a continuation of the low\, stable pattern would support those preferring to hold rates steady. \nWhat It Means for Your Money\nFor anyone with a mortgage\, a savings account or a pension invested in shares\, this weekly figure matters because it feeds into how investors expect the Federal Reserve to set US interest rates. A weak claims report (more people filing for benefits) tends to push bond yields and\, over time\, mortgage rates lower\, because it raises the odds of interest rate cuts. A strong report (fewer claims than expected) can do the opposite\, keeping borrowing costs higher for longer. \nChanges in US rate expectations also move the dollar against the pound and the euro\, which affects the price of imported goods and the cost of a US holiday for UK and European travellers. Investors holding US shares or funds\, including within a workplace pension\, may see short-term price swings around the release\, though a single week’s claims figure rarely changes the bigger economic picture on its own. \nIf you are job hunting or negotiating pay in the US\, a sustained rise in claims over several weeks is a more useful warning sign than any single report\, since week-to-week numbers can be volatile around public holidays such as Thanksgiving. \nFrequently Asked Questions\nWhat time is the November 25 jobless claims report released?\nThe report is released at 8:30 am ET\, which is 1:30 pm in London\, on Wednesday\, November 25\, 2026. \nWhat counts as a big miss versus consensus?\nOnce a consensus is published\, a swing of more than around 15\,000 to 20\,000 claims above or below that figure is generally seen as a notable miss\, though markets also watch the broader trend over several weeks rather than one release in isolation. \nWhen is the next jobless claims report?\nThe following week’s report covers claims for the week ending November 28\, 2026 and is typically published the following Wednesday or Thursday\, depending on the Thanksgiving holiday schedule. \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-november-25-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261125T100000
DTEND;TZID=America/New_York:20261125T110000
DTSTAMP:20260902T090922Z
CREATED:20260902T090922Z
LAST-MODIFIED:20260902T090922Z
UID:2441-1795600800-1795604400@www.financecalendar.com
SUMMARY:US New Home Sales November 2026
DESCRIPTION:Next US New Home Sales: Wednesday\, November 25\, 2026 at 10:00 am ET (3:00 pm London). Covers October 2026 data. \n\nConsensus\nNot yet published\nPrior\nSeptember 2026 reading (see Census Bureau release for exact figure)\nActual\nPending\n\nFull schedule and background: US New Home Sales. \nUpdated September 2\, 2026 \n\n← Previous US New Home Sales\nUS New Home Sales for November 2026 is scheduled for release on Wednesday\, November 25\, 2026 at 10:00 am ET (3:00 pm London). The report is published by the US Census Bureau\, jointly with the Department of Housing and Urban Development\, and covers new single-family home sales data for October 2026. Full background and the release schedule for this series are available on the US New Home Sales hub page. \nWhat is new home sales data?\nNew home sales measures the number of newly built\, single-family homes sold in the United States during a given month\, reported as a seasonally adjusted annual rate (SAAR). The Census Bureau compiles the figure from a survey of homebuilders and uses sales contracts signed during the month\, whether or not construction is finished\, which makes it a leading indicator of housing demand compared with existing home sales\, which are recorded at closing. \nEconomists and market participants watch this release closely because housing is one of the most interest-rate-sensitive parts of the economy. Mortgage rates\, buyer confidence and builder inventory all feed into the figure\, and swings in new home sales often signal shifts in the broader economy before they show up in employment or spending data. \nThe report also breaks sales down by region (Northeast\, Midwest\, South and West)\, median sales price\, and months’ supply of homes for sale\, all of which help analysts judge whether the housing market is tightening or loosening. \nWhen is the October new home sales report released?\nThe October 2026 New Home Sales report is released by the Census Bureau on Wednesday\, November 25\, 2026 at 10:00 am ET (3:00 pm London time). It is published on the Census Bureau’s New Residential Sales page as a PDF and set of data tables. This date follows the Census Bureau’s usual pattern of releasing New Residential Sales roughly three to four weeks after the reference month ends. \nWhat is the consensus forecast?\nAt the time of writing\, a consensus forecast for the October 2026 new home sales figure had not yet been published by major polling services such as Reuters or Bloomberg; these forecasts typically appear in the days immediately before the release. Readers should check financial data providers closer to November 25\, 2026 for the latest median estimate. \nThe September 2026 reading\, the most recent published print at the time of writing\, is best confirmed directly from the Census Bureau’s New Residential Sales release\, since exact figures for recent months are subject to revision and were not independently verified for this preview. \n\n\n\nMeasure\nPrior (September 2026)\nConsensus (October 2026)\n\n\n\n\nNew home sales (SAAR)\nSee Census Bureau release\nNot yet published\n\n\nMedian sales price\nSee Census Bureau release\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nCould be read as a sign of resilient housing demand\, potentially reducing expectations of near-term rate cuts\nMore new homes were bought than expected\, suggesting buyers are coping with current mortgage rates\n\n\nIn line with consensus\nLikely to have limited market impact\, reinforcing existing views on the housing market’s trajectory\nThe housing market is behaving broadly as economists expected\n\n\nBelow consensus\nMay be interpreted as a sign of housing market weakness\, which some analysts link to affordability pressures from mortgage rates\nFewer new homes sold than expected\, which could reflect buyers pulling back due to cost or borrowing conditions\n\n\n\nThese are possible market reactions described by analysts and economists in commentary around past releases\, not predictions of how markets will actually move on the day. \nWhy does this release matter right now?\nHousing remains one of the sectors most directly affected by the Federal Reserve’s interest rate policy\, since mortgage rates move closely with the Fed’s benchmark rate and broader bond yields. New home sales data gives policymakers and investors an early read on whether higher borrowing costs are cooling demand or whether buyers are adapting. Federal Reserve officials have repeatedly pointed to housing affordability as one of the areas most affected by monetary policy in recent commentary\, and shifts in new home sales feed into the broader debate over the pace of any future rate changes. \nBuilders’ willingness to offer incentives\, such as mortgage rate buydowns\, has also shaped recent sales patterns\, since these incentives can support sales volumes even when affordability remains stretched for many buyers. \nWhat It Means for Your Money\n\nMortgages and rates: A stronger-than-expected report could reduce the likelihood of near-term interest rate cuts\, keeping mortgage rates higher for longer; a weaker report could support the case for rate cuts\, which may eventually feed through to lower borrowing costs.\nSavings: Interest rate expectations that shift on housing data can affect the returns on savings accounts and fixed-term deposits\, since banks often adjust these rates in line with central bank policy expectations.\nJobs and wages: Homebuilding supports jobs in construction\, materials and related trades; a sustained slowdown in new home sales can eventually show up as softer hiring in these sectors.\nInvestments and pensions: Housing data can move homebuilder stocks and broader equity indices\, which in turn can affect the value of pension funds and other investments with exposure to US equities.\nCurrencies: Because the data feeds into expectations for US interest rates\, a surprise reading can move the US dollar against the pound and the euro\, with knock-on effects for the cost of US travel\, imports and dollar-denominated debt for people outside the United States.\n\nRelated events\n\nPrevious release: US New Home Sales\, October 2026 data\nExisting Home Sales report from the National Association of Realtors\, which covers completed home purchases and offers a comparison point\nUS housing starts and building permits data\, which track new construction activity ahead of eventual sales\n\nFrequently Asked Questions\nWhat time is the October new home sales report released?\nThe report is released on November 25\, 2026 at 10:00 am ET\, which is 3:00 pm in London. \nHow should I read the new home sales figure?\nFocus on the seasonally adjusted annual rate (SAAR) rather than the raw monthly count\, and compare it against both the prior month and the consensus forecast to judge whether the housing market is strengthening or weakening. \nHow does this data affect interest rates?\nStronger-than-expected sales can reduce pressure on the Federal Reserve to cut rates\, while weaker sales can add to the case for rate cuts\, though the Fed weighs many data points together rather than reacting to a single report. \nWhere can I find the official new home sales release?\nThe official report is published on the US Census Bureau’s New Residential Sales page. \nWhen is the next new home sales report after this one?\nThe Census Bureau typically publishes New Residential Sales data roughly three to four weeks after each reference month ends\, so the November 2026 data (covering activity in that month) would normally follow in late December 2026 or early January 2027. \n← Previous US New Home Sales
URL:https://www.financecalendar.com/event/us-new-home-sales-november-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20261126T000000
DTEND;TZID=UTC:20261126T235959
DTSTAMP:20260825T104617Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104617Z
UID:1348-1795651200-1795737599@www.financecalendar.com
SUMMARY:NYSE/NASDAQ: Thanksgiving 2026
DESCRIPTION:NYSE & Nasdaq are closed on Thursday\, November 26\, 2026 for Thanksgiving Day. \n\nBond market\nClosed\nNext holiday\nDay After Thanksgiving (Early Close)\, November 27\, 2026\nRegular hours\n9:30 am to 4:00 pm ET\n\nFull schedule and background: Stock Market Holidays. \nUpdated August 25\, 2026 \n\nUS equity and bond markets will be fully closed on Thursday\, November 26\, 2026\, for Thanksgiving Day\, a federal public holiday. The New York Stock Exchange (NYSE) and the Nasdaq will also close early at 1:00 p.m. Eastern Time on Friday\, November 27\, 2026\, the day after Thanksgiving — a session commonly referred to as Black Friday in trading circles. The two-day closure pattern makes Thanksgiving one of the most disruptive holidays for market liquidity in the US calendar\, with a compressed four-hour trading window on the Friday followed by a full return to normal hours on Monday\, November 30. Options markets and most futures products follow the same abbreviated schedule. \nWhat is Thanksgiving?\nThanksgiving Day is a federal public holiday in the United States\, celebrated on the fourth Thursday of November each year. Rooted in the harvest traditions of early colonial America\, Thanksgiving has been a national holiday since 1863\, when President Abraham Lincoln proclaimed it an annual observance. In 2026\, the fourth Thursday of November falls on November 26. \nFrom a financial market perspective\, Thanksgiving occupies a unique position in the calendar. It is the only NYSE market holiday where the adjacent trading day — the Friday — is not a full close but instead an early close at 1:00 p.m. Eastern Time. This creates a distinctive two-day impact: a full closure on Thursday followed by a heavily abbreviated session on Friday\, with normal hours resuming only on Monday. The pattern produces some of the lightest trading volumes of the year\, as many market participants extend the Thanksgiving break into a four-day weekend. \nThe Thanksgiving weekend also marks the unofficial start of the US holiday shopping season. Retail sector stocks\, consumer discretionary equities\, and payment processing companies are watched closely in the days surrounding Thanksgiving as analysts begin to track early indicators of holiday retail spending. Black Friday — the day after Thanksgiving — has historically been the largest US retail sales day of the year\, though the shift to online shopping has diffused some of this concentration across a longer pre-holiday window. \nAt a Glance\n\nFull market closure: Thursday\, November 26\, 2026 (Thanksgiving Day)\nEarly close: Friday\, November 27\, 2026 at 1:00 p.m. Eastern Time (1:15 p.m. for eligible options)\nMarkets closed Thursday: NYSE\, Nasdaq\, CBOE\, US options exchanges\, US bond markets (SIFMA full close)\nCME futures: Equity futures closed Thursday; early close Friday; reopen Sunday evening\nFull normal trading resumes: Monday\, November 30\, 2026\nHoliday shopping season link: Black Friday retail activity begins November 27\n\nThanksgiving 2026: Markets and Trading Schedule\nThe NYSE Group has designated Thursday\, November 26\, 2026\, as a full market holiday for all US equity exchanges. Trading in NYSE-listed securities\, Nasdaq-listed securities\, exchange-listed options\, and related products will be suspended for the entire session. On Friday\, November 27\, trading will be permitted but will close at 1:00 p.m. Eastern Time — three hours shorter than the standard 4:00 p.m. close. Options markets\, including those on the CBOE\, close at 1:15 p.m. Eastern Time on November 27. \nThe Securities Industry and Financial Markets Association (SIFMA) recommends a full market closure for US Treasury and fixed income markets on November 26\, with an early close at 2:00 p.m. Eastern Time recommended for November 27. Bond market participants\, fixed income portfolio managers\, and repo desks should plan settlement and liquidity management around both days of the reduced-hours period\, particularly for transactions scheduled to settle through the end of November. \nCME Group equity index futures will suspend trading on the Thanksgiving holiday and operate on a shortened schedule on Friday\, November 27. Electronic trading in the most actively traded equity futures contracts typically resumes on Sunday\, November 29\, at 5:00 p.m. Central Time (6:00 p.m. Eastern)\, ahead of the full Monday reopening. Agricultural futures\, metals\, and energy products may follow separate schedules; traders should consult the CME Group holiday calendar for product-specific times. \nWhy Thanksgiving Matters for Markets\nThe Thanksgiving holiday creates one of the most distinctive liquidity environments of the financial year. Trading volumes on the Friday after Thanksgiving (November 27) are consistently among the lowest of any non-holiday trading session in the US calendar. Many institutional portfolio managers do not operate on Black Friday\, and volumes are often a fraction of an average November session. This means that any news that breaks during the Friday shortened session — or during the Thursday holiday — can produce exaggerated price movements when liquidity is thinnest. \nFor consumer-facing equities\, Thanksgiving weekend is a critical inflection point. The period covering the Thanksgiving-through-Cyber Monday window (November 26-30) generates a significant portion of US annual retail revenues\, and early data on foot traffic\, online orders\, and card spending begins to emerge on the Friday itself. Retail sector analysts and consumer discretionary investors will be monitoring these indicators closely\, with expectations for the 2026 holiday season set against the backdrop of persistently elevated inflation and subdued consumer confidence through much of 2026. Data on US Retail Sales for November 2026 will provide the official benchmark\, but the Black Friday spending signals offer an earlier directional read. \nFor fixed income and macro traders\, the post-Thanksgiving week is compressed into four trading days (November 30 to December 4) before end-of-month flows and the December economic calendar begin to dominate. The US Personal Income and Outlays (PCE) report for November 2026\, which includes the Federal Reserve’s preferred inflation measure\, is typically released in the final days of November or first days of December and sets the tone for December FOMC deliberations. \nThe November-December 2026 Context\nThanksgiving 2026 falls late in the month on November 26\, compressing the trading period between it and the December economic calendar. The Federal Open Market Committee’s December 2026 meeting is scheduled in mid-December\, and the final economic data prints before the Fed’s end-year decision begin arriving immediately after the Thanksgiving break. The November employment report\, PCE inflation data\, and retail sales figures will all be processed in the compressed post-Thanksgiving window\, making this year’s holiday break particularly significant for positioning ahead of the Fed’s final meeting of 2026. \nThe Bank of England MPC Rate Decision for November 2026 is scheduled earlier in the month\, but its implications for sterling-denominated assets and UK rate expectations will still be active in the post-Thanksgiving environment. Currency traders managing GBP/USD\, EUR/USD\, and cross-asset positions linked to the transatlantic rate differentials will be watching for any policy signals from the Bank of England that might affect positioning as US markets reopen after Thanksgiving. \nSettlement and Operational Implications\nThe two-day holiday structure around Thanksgiving creates specific settlement timing considerations. Under T+1 settlement rules\, trades executed on Wednesday\, November 25\, will settle on Monday\, November 30 — as both Thursday (holiday) and Friday (optional settlement exclusion for some products) create an extended gap. Trades executed on the abbreviated Friday session (November 27) will settle on Tuesday\, December 1. Operations teams\, custodians\, and fund administrators managing daily NAV calculations\, redemptions\, or repo maturities should build settlement maps around these dates well in advance. \nFor the options market\, the early close on November 27 creates additional complexity for contracts expiring on that date. Any weekly options series with a Friday\, November 27\, expiry will trade for only the first three and a quarter hours of the session. Traders holding open positions in these contracts should monitor their broker’s specific expiry handling rules and ensure sufficient time to manage or close positions before the 1:00 p.m. Eastern cut-off. \nRelated Events\n\nUS Retail Sales November 2026 — The official measurement of US retail activity for November\, covering the critical Thanksgiving and Black Friday period and signalling the strength of the holiday shopping season.\nUS Personal Income and Outlays (PCE) November 2026 — Includes the Federal Reserve’s preferred inflation gauge; typically released in the final days of November and is a key input to December FOMC deliberations.\nBank of England MPC Rate Decision November 2026 — The UK’s interest rate decision for November\, which shapes cross-Atlantic rate differentials active during the post-Thanksgiving trading environment.\n\nFrequently Asked Questions\nWhen is Thanksgiving 2026 and what are the market hours?\nThanksgiving Day 2026 falls on Thursday\, November 26. US equity markets (NYSE\, Nasdaq) are fully closed on November 26. On Friday\, November 27\, markets open at 9:30 a.m. Eastern Time but close early at 1:00 p.m. Eastern Time (1:15 p.m. for eligible options). Normal trading hours resume on Monday\, November 30\, 2026. The NYSE Group publishes the official holiday calendar confirming these times in advance each year. \nWhy do US markets close early on the Friday after Thanksgiving?\nThe NYSE tradition of an early close on Black Friday dates to the mid-20th century and reflects the historically low staffing and trading volume on that day\, as market participants typically treat Thanksgiving as the start of a four-day break. Volumes on the Friday after Thanksgiving are consistently among the lowest of any non-holiday trading day in the calendar year\, and the 1:00 p.m. close allows exchanges to manage operational risk with reduced staffing levels while still providing a trading session for investors who need liquidity. \nHow does the Thanksgiving break affect retail and consumer sector stocks?\nThanksgiving and the surrounding holiday shopping period (Black Friday through Cyber Monday) are closely watched by retail sector investors. Early data on consumer spending — via card transaction aggregators\, foot traffic trackers\, and retailer announcements — begins to emerge during the holiday weekend and can influence opening prices in consumer discretionary equities when markets reopen on Monday\, November 30. A strong or weak Black Friday reading relative to expectations will be one of the most discussed topics at desks when trading resumes.
URL:https://www.financecalendar.com/event/nyse-nasdaq-thanksgiving-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261126T000000
DTEND;TZID=America/New_York:20261126T235959
DTSTAMP:20260902T134312Z
CREATED:20260902T134312Z
LAST-MODIFIED:20260902T134312Z
UID:2571-1795651200-1795737599@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Thanksgiving 2026? CME Futures Hours
DESCRIPTION:CME Group Futures close early at 12:00 pm local on Thursday\, November 26\, 2026 for Thanksgiving Day (Equity Futures Halt 12:00 CT). \n\nNext holiday\nDay After Thanksgiving (Early Close)\, November 27\, 2026\nRegular hours\n5:00 pm to 4:00 pm CT (Sun-Fri\, with 4:00-5:00 pm daily maintenance break)\n\nFull schedule and background: CME Futures Holidays. \nUpdated September 2\, 2026 \n\n← Previous CME Futures Holidays\nCME Group equity index futures (including E-mini S&P 500\, Nasdaq-100 and Dow futures) halt trading at 12:00 pm Central Time (1:00 pm ET\, 6:00 pm London time) on Thursday\, November 26\, 2026\, in observance of Thanksgiving Day. Cash equity markets\, the NYSE and Nasdaq\, are fully closed for the entire day\, so there is no underlying stock session to track alongside the futures. Trading in most CME products resumes with the normal Sunday evening open at 5:00 pm CT on November 29\, 2026\, though the following day\, Friday\, November 27\, carries its own early close. For the full run of futures market dates\, see the CME Futures Holidays calendar. \nOrders placed after the halt queue for the next available session rather than executing immediately. Anyone holding open futures positions or planning to roll a contract around Thanksgiving should check the exact halt time for their specific product\, since not every CME product follows the same schedule on holidays. \nWhich markets are closed on Thanksgiving Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nNYSE and Nasdaq (equities)\nClosed\nFull-day closure\, confirmed by the NYSE holiday calendar\n\n\nCME equity index futures\nTrading halts at 12:00 pm CT\nE-mini S&P 500\, Nasdaq-100\, Dow and related products\n\n\nUS Treasury market (bonds)\nClosed\nSIFMA recommends a full close for Thanksgiving Day\n\n\nUS options markets\nClosed\nFollows the equity market schedule\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nThanksgiving is not a UK public holiday\n\n\nEuronext\nOpen (regular hours)\nNo European exchange observes the US holiday\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nNot affected by the US calendar\n\n\n\nIs the market open the day before and after?\nWednesday\, November 25\, 2026 is a normal full trading day across US equities and futures. On Thanksgiving itself\, cash equities are shut and CME equity futures stop trading at 12:00 pm CT. The following day\, Friday\, November 27\, 2026\, is an early close: CME futures are scheduled to close around 12:15 pm CT\, and NYSE and Nasdaq cash equities close at 1:00 pm ET\, according to the NYSE holiday and early-closings calendar. Regular hours return in full from Monday\, November 30\, 2026. \nWhy do markets close for Thanksgiving?\nThanksgiving has been a US federal holiday since the 1940s\, and American exchanges have closed for it for as long as most trading records go back. The tradition reflects the wider closure of US government offices\, banks and many businesses rather than any decision unique to the markets. \nThe early close the following day is a more recent\, practical adjustment: with much of Wall Street’s staff away for the long weekend and trading volumes typically thin\, exchanges shorten the session rather than run a full day with little liquidity. \nWhat It Means for Your Money\nIf you place a stock or futures order on Thanksgiving Day itself\, it simply queues and executes when trading resumes; nothing is lost\, but the timing shifts. Under the current US settlement rule\, most equity trades settle one business day after execution (T+1)\, so a trade placed on the Wednesday before Thanksgiving settles on the Friday\, and one placed just before the CME futures halt is processed on the next available session. Dividend payment dates and monthly options expirations that would otherwise fall on the holiday move to the nearest open trading day. Bank transfers and payroll processing that rely on the Federal Reserve’s wire systems may also be delayed by a day\, since most US banks are closed on Thanksgiving. None of this affects cryptocurrency markets\, which trade continuously around the clock regardless of the US holiday calendar. \nRemaining CME Futures holidays in 2026\n\nFriday\, November 27\, 2026: Day After Thanksgiving\, early close (around 12:15 pm CT)\nThursday\, December 24\, 2026: Christmas Eve\, early close (around 12:15 pm CT)\nFriday\, December 25\, 2026: Christmas Day\, full closure\n\nFrequently Asked Questions\nIs the stock market open on Thanksgiving 2026?\nNo\, the NYSE and Nasdaq are fully closed on Thursday\, November 26\, 2026\, and CME equity index futures stop trading at 12:00 pm CT. \nIs the bond market open on Thanksgiving 2026?\nNo\, SIFMA recommends a full closure of the US Treasury and broader bond market for Thanksgiving Day. \nWhat time do CME futures close on Thanksgiving?\nEquity index futures trading halts at 12:00 pm Central Time (1:00 pm Eastern Time) on Thanksgiving Day\, resuming with the regular Friday session. \nWhen is the next US market holiday after Thanksgiving 2026?\nThe next scheduled market event is the Day After Thanksgiving early close on Friday\, November 27\, 2026\, followed by the Christmas Eve early close and Christmas Day closure in December. \nAre banks open on Thanksgiving 2026?\nNo\, US banks are closed on Thanksgiving Day along with most federal offices\, though this does not affect exchanges outside the United States. \n← Previous CME Futures Holidays
URL:https://www.financecalendar.com/event/cme-futures-thanksgiving-day-equity-futures-halt-12-00-ct-2026-early-close/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261126T000000
DTEND;TZID=America/New_York:20261126T235959
DTSTAMP:20260902T143159Z
CREATED:20260902T143159Z
LAST-MODIFIED:20260902T143159Z
UID:2575-1795651200-1795737599@www.financecalendar.com
SUMMARY:Is the Bond Market Open on Thanksgiving Day 2026? SIFMA Hours
DESCRIPTION:US Bond Market (SIFMA) are closed on Thursday\, November 26\, 2026 for Thanksgiving Day. \n\nNext holiday\nDay After Thanksgiving (Early Close)\, November 27\, 2026\nRegular hours\n8:00 am to 5:00 pm ET (SIFMA recommended)\n\nFull schedule and background: Bond Market Holidays. \nUpdated September 2\, 2026 \n\n← Previous Bond Market Holidays\nThe US bond market is closed on Thursday\, November 26\, 2026 for Thanksgiving Day\, according to the SIFMA holiday schedule\, which sets recommended trading hours for US fixed income markets. This closure applies to Treasuries\, agency securities\, mortgage-backed securities and most other US dollar debt instruments traded through SIFMA member firms. Orders placed on the day will not be executed until the market reopens\, and settlement of any trades from the prior session will be pushed back by one business day. For the full run of dates through the year\, see the bond market holiday calendar. \nBecause Thanksgiving falls on a fixed weekday (the fourth Thursday of November) rather than a fixed date\, the holiday moves each year\, but the closure itself is consistent: SIFMA has recommended a full close of the US bond market on Thanksgiving Day every year for decades\, mirroring the equity market closure observed by the New York Stock Exchange and Nasdaq. \nWhich markets are closed on Thanksgiving Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nUS equities (NYSE\, Nasdaq)\nClosed\nStandard NYSE and Nasdaq holiday schedule\n\n\nUS bond market (SIFMA members)\nClosed\nRecommended full close for Treasuries\, agencies and MBS\n\n\nUS options\nClosed\nFollows equity market schedule\n\n\nCME futures (US)\nClosed or limited hours\nMost CME product groups halt trading for the session; check the exchange calendar for exact times\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nThanksgiving is not a UK public holiday\n\n\nEuronext\nOpen (regular hours)\nNot observed in continental Europe\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nNot a Japanese holiday\n\n\n\nBecause Thanksgiving is a US-only holiday\, investors in the UK\, Europe and Asia can still trade shares\, gilts\, bunds and other local instruments as normal on November 26\, 2026. The main effect abroad is lower liquidity in US dollar bonds and reduced overnight trading volumes on desks that deal directly with US counterparties\, since American trading floors are shut for the day. \nIs the market open the day before and after?\nThe bond market operates on regular hours\, 8:00 am to 5:00 pm ET\, on Wednesday\, November 25\, 2026\, the trading day immediately before Thanksgiving. There is no early close scheduled for that Wednesday under the SIFMA recommendation. The market reopens on Friday\, November 27\, 2026\, but with a shortened session: SIFMA recommends an early close at 2:00 pm ET for the Day After Thanksgiving\, one of the lightest-volume sessions of the year as many traders take the extended weekend off. \nThis pattern\, a full closure followed by an early close the next day\, is one of the most predictable features of the US trading calendar and is worth noting if you have orders\, wire transfers or bond settlements scheduled around the holiday period. \nWhy do markets close for Thanksgiving Day?\nThanksgiving has been a US federal holiday since 1863 and is fixed by law to the fourth Thursday of November. US financial markets\, including the bond market\, equities and futures exchanges\, have long closed in observance\, reflecting both the federal holiday status and the practical reality that staffing and client activity fall sharply during the holiday week. \nThe shortened session the following day\, often called Black Friday in retail circles\, became a fixture of the SIFMA and NYSE calendars because volumes are typically thin as traders extend the holiday weekend\, making a full trading day unnecessary for most market participants. \nWhat It Means for Your Money\nIf you are a retail investor holding a brokerage account\, any bond trade you attempt to place on Thanksgiving Day will simply queue and execute once the market reopens\, so there is no risk to open orders beyond the delay itself. Settlement of trades executed the day before the holiday will take an extra business day to clear\, since settlement cycles count only business days\, which can matter if you are relying on funds from a bond sale to cover a near-term payment. \nBond coupon payments and interest accruals are calculated on calendar days\, so a market closure does not change how much interest you earn\, only when a payment might be processed if it happens to fall on the holiday. Bank wire transfers and ACH payments in the US typically do not process on Thanksgiving Day either\, so anyone waiting on a transfer tied to a bond maturity or coupon should expect it to land on the next business day rather than the holiday itself. Mortgage rate movements\, which are closely tied to Treasury yields\, are effectively frozen for the day since the underlying bond market is shut\, so there is unlikely to be any meaningful rate change until trading resumes. Cryptocurrency markets\, by contrast\, trade 24 hours a day and are unaffected by the Thanksgiving closure. \nRemaining SIFMA Bond Market Holidays and Early Closes in 2026\n\nDay After Thanksgiving (Early Close)\, November 27\, 2026\, close at 2:00 pm ET\nChristmas Eve (Early Close)\, December 24\, 2026\, close at 2:00 pm ET\nChristmas Day\, December 25\, 2026\, closed\nNew Year’s Eve (Early Close)\, December 31\, 2026\, close at 2:00 pm ET\n\nFrequently Asked Questions\nIs the bond market open on Thanksgiving Day 2026?\nNo. The US bond market is closed on Thursday\, November 26\, 2026\, following the SIFMA recommended holiday schedule. \nIs the stock market also closed on Thanksgiving?\nYes. The NYSE and Nasdaq are closed on the same day\, so equities\, options and the bond market all observe the holiday together. \nWhat time does the market close the day after Thanksgiving?\nSIFMA recommends an early close at 2:00 pm ET on Friday\, November 27\, 2026\, the Day After Thanksgiving. \nWhen is the next bond market holiday after Thanksgiving?\nThe next date on the calendar is the Day After Thanksgiving early close on November 27\, 2026\, followed by Christmas Eve and Christmas Day in December. \nAre banks open on Thanksgiving Day?\nNo. US banks are generally closed on Thanksgiving Day\, alongside the stock and bond markets\, so wire transfers and in-branch services resume the next business day. \n← Previous Bond Market Holidays
URL:https://www.financecalendar.com/event/bond-market-thanksgiving-day-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261127T000000
DTEND;TZID=America/New_York:20261127T235959
DTSTAMP:20260902T143329Z
CREATED:20260902T143329Z
LAST-MODIFIED:20260902T143329Z
UID:2577-1795737600-1795823999@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Day After Thanksgiving 2026? CME Futures Hours
DESCRIPTION:CME Group Futures close early at 12:15 pm local on Friday\, November 27\, 2026 for Day After Thanksgiving (Early Close). \n\nNext holiday\nChristmas Eve (Early Close)\, December 24\, 2026\nRegular hours\n5:00 pm to 4:00 pm CT (Sun-Fri\, with 4:00-5:00 pm daily maintenance break)\n\nFull schedule and background: CME Futures Holidays. \nUpdated September 2\, 2026 \n\n← Previous CME Futures Holidays\nCME Group futures markets have an early close on Friday\, November 27\, 2026\, the day after Thanksgiving\, with trading ending at 12:15 pm local (Chicago) time. This is a scheduled shortened session rather than a full closure\, so most futures contracts trade for a reduced window before the exchange halts for the day. Orders placed after the early close queue for the next full trading session. Full schedule and background: CME Futures Holidays. \nWhich markets are closed on Day After Thanksgiving 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nCME Group futures (equity index\, interest rate\, FX\, commodities)\nEarly close\nTrading ends at 12:15 pm local time; regular hours resume the following session\n\n\nNYSE and Nasdaq (US equities)\nEarly close\nWidely observed 1:00 pm ET close\, an hour ahead of the normal 4:00 pm ET finish\n\n\nSIFMA-recommended bond market close\nEarly close\nBond desks typically close early on this day\, though the exact time is not confirmed in this brief\n\n\nOptions markets (Cboe\, equity options)\nEarly close\nGenerally mirrors the equity market’s shortened session\n\n\nLondon Stock Exchange\nOpen (regular hours)\nThanksgiving is not a UK public holiday\n\n\nEuronext\nOpen (regular hours)\nNo European exchange observes the US holiday\n\n\nTokyo Stock Exchange\nOpen (regular hours)\nNot affected by the US holiday calendar\n\n\n\nIs the market open the day before and after?\nThursday\, November 26\, 2026\, Thanksgiving Day itself\, is a full closure across US equity\, bond and futures markets. Friday\, November 27 is the shortened session covered here. The next full trading day is Monday\, November 30\, 2026\, when CME Futures return to their regular hours of 5:00 pm to 4:00 pm CT (Sunday to Friday\, with the usual 4:00 to 5:00 pm daily maintenance break). \nWhy do markets close for Thanksgiving?\nThanksgiving has been observed as a US public holiday since the 19th century\, and American exchanges have long closed for it out of tradition and to allow staff and traders time off. The early close on the following Friday developed as a practical compromise: rather than close entirely\, exchanges shorten the session because trading volumes are historically thin\, with many market participants extending the holiday into a long weekend. \nCME Group and other US exchanges coordinate these shortened sessions with equity markets so that futures\, options and underlying stocks broadly wind down together\, reducing the risk of unusual price moves in illiquid\, low-volume conditions. \nWhat It Means for Your Money\nIf you place a futures order after the 12:15 pm local cutoff on November 27\, 2026\, it will typically queue for the next available session rather than execute immediately. This matters for anyone hedging positions\, rolling contracts\, or managing margin\, since a shortened window can mean less time to react to news. Settlement of trades follows the normal T+1 (trade date plus one business day) cycle\, but the compressed hours can affect same-day execution for retail investors trading index futures\, commodities or currency futures through a broker. Dividend payments and options expiry tied to the underlying stock market are unaffected by the futures schedule itself. Bank transfers and payroll processing in the US may also run on a slightly delayed timetable around the holiday weekend. Cryptocurrency markets\, by contrast\, trade 24/7 and are not affected by any exchange holiday schedule. \nRemaining CME Futures holidays in 2026\n\nChristmas Eve\, December 24\, 2026: Early close at 12:15 pm local\nChristmas Day\, December 25\, 2026: Full closure\n\nFrequently Asked Questions\nIs the stock market open on the day after Thanksgiving 2026?\nYes\, but only for a shortened session. Equity markets typically close at 1:00 pm ET\, an hour earlier than usual. \nIs the bond market open the day after Thanksgiving?\nUS bond markets generally follow an early close on this day\, in line with the reduced trading day observed across other asset classes. \nWhat time do CME futures close on November 27\, 2026?\nCME Group futures close at 12:15 pm local (Chicago) time\, ahead of the normal daily schedule. \nWhen is the next CME Futures holiday after this one?\nThe next scheduled holiday is Christmas Eve\, December 24\, 2026\, another early close\, followed by the full closure on Christmas Day\, December 25\, 2026. \nAre banks open on the day after Thanksgiving?\nMost US banks remain open on this day\, since it is not a federal reserve bank holiday\, though some branches may have reduced hours. \n← Previous CME Futures Holidays
URL:https://www.financecalendar.com/event/cme-futures-day-after-thanksgiving-2026-early-close/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261127T000000
DTEND;TZID=America/New_York:20261127T235959
DTSTAMP:20260902T143411Z
CREATED:20260902T143411Z
LAST-MODIFIED:20260902T143411Z
UID:2579-1795737600-1795823999@www.financecalendar.com
SUMMARY:Is the Bond Market Open on the Day After Thanksgiving 2026? SIFMA Hours
DESCRIPTION:US Bond Market (SIFMA) close early at 2:00 pm local on Friday\, November 27\, 2026 for Day After Thanksgiving (Early Close). \n\nNext holiday\nChristmas Eve (Early Close)\, December 24\, 2026\nRegular hours\n8:00 am to 5:00 pm ET (SIFMA recommended)\n\nFull schedule and background: Bond Market Holidays. \nUpdated September 2\, 2026 \n\n← Previous Bond Market Holidays\nThe US bond market closes early on Friday\, November 27\, 2026\, the day after Thanksgiving. SIFMA (the Securities Industry and Financial Markets Association) recommends that fixed income trading desks close at 2:00 pm local time\, three hours earlier than the usual 8:00 am to 5:00 pm ET session. This is a recommendation\, not a mandatory shutdown\, so some desks may keep slightly different hours\, but the vast majority of dealers follow it. Equity markets also close early that day. Full schedule and background: Bond Market Holidays. \nBecause it is an early close rather than a full closure\, orders placed before 2:00 pm ET on bonds will still execute that day. Settlement\, which for most US Treasury and corporate bond trades happens on a T+1 basis\, is not affected by the shortened session\, but trades placed right at the close may see wider spreads and thinner liquidity than normal. \nWhich markets are closed on the Day After Thanksgiving 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nUS Bond Market (SIFMA)\nEarly close\, 2:00 pm ET\nRecommended early close for Treasuries\, agency and corporate bonds\n\n\nNYSE (equities)\nEarly close\, 1:00 pm ET\n1:15 pm ET for eligible options\, per NYSE trading hours\n\n\nNasdaq (equities)\nEarly close\, 1:00 pm ET\nFollows the same early close as NYSE\n\n\nCME futures\nEarly close (varies by product)\nMost financial and commodity futures close early; check the specific contract\n\n\nOptions (US)\nEarly close\, 1:15 pm ET\nSame day as equities\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nThanksgiving is a US holiday only\n\n\nEuronext\nOpen (regular hours)\nNo observance of the US holiday\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nNo observance of the US holiday\n\n\n\nIs the market open the day before and after?\nThursday\, November 26\, 2026 is Thanksgiving Day itself\, when the bond market and equity markets are fully closed in the United States. Wednesday\, November 25\, 2026 trades at regular hours in both bonds and equities. On Friday\, November 27\, 2026\, the bond market closes early at 2:00 pm ET and equities close early at 1:00 pm ET. The next full trading day with normal hours is Monday\, November 30\, 2026. \nWhy do markets close for Thanksgiving?\nThanksgiving has been a fixed US federal holiday on the fourth Thursday of November since 1941\, and financial markets have observed the full closure for decades as staff take the day off with families. The early close on the following Friday became standard practice because trading volumes drop sharply as many traders extend the holiday into a long weekend\, so exchanges and SIFMA shortened the session rather than run a full day with thin liquidity. \nWhat It Means for Your Money\nIf you place a bond or equity trade after the early close on November 27\, 2026\, it queues for execution when the market reopens on Monday\, November 30\, 2026. Settlement dates shift accordingly\, so anyone relying on a trade settling by a specific date should factor in the early close. Dividend payments and options expirations scheduled for that Friday are generally processed as normal but with a shortened window\, so check with your broker if timing matters. Bank wire transfers and payroll runs tied to bond settlement can also be affected if they depend on same-day processing after 2:00 pm ET. Cryptocurrency markets are unaffected\, since they trade 24 hours a day\, seven days a week\, regardless of US holidays. \nRemaining SIFMA Bond Market Holidays in 2026\n\nChristmas Eve (Early Close)\, December 24\, 2026\, close at 2:00 pm local\nChristmas Day\, December 25\, 2026\, fully closed\nNew Year’s Eve (Early Close)\, December 31\, 2026\, close at 2:00 pm local\n\nFrequently Asked Questions\nIs the bond market open on the Day After Thanksgiving 2026?\nYes\, but only until 2:00 pm ET. SIFMA recommends an early close on Friday\, November 27\, 2026. \nIs the stock market open on the Day After Thanksgiving 2026?\nYes\, the NYSE and Nasdaq are open but close early at 1:00 pm ET (1:15 pm ET for eligible options). \nWhat time does the bond market close on November 27\, 2026?\nSIFMA recommends US fixed income desks close at 2:00 pm local time\, three hours earlier than usual. \nWhen is the next bond market holiday after this one?\nThe next SIFMA holiday is Christmas Eve (Early Close) on December 24\, 2026\, followed by a full closure on Christmas Day. \nAre banks open on the Day After Thanksgiving 2026?\nMost US banks are open for regular business\, though some branches may have reduced hours as it is not a federal bank holiday. \n← Previous Bond Market Holidays
URL:https://www.financecalendar.com/event/bond-market-day-after-thanksgiving-2026-early-close/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261127T080000
DTEND;TZID=America/New_York:20261127T090000
DTSTAMP:20260902T093645Z
CREATED:20260902T093645Z
LAST-MODIFIED:20260902T093645Z
UID:2447-1795766400-1795770000@www.financecalendar.com
SUMMARY:Germany CPI Flash November 2026
DESCRIPTION:Next Germany CPI Flash: Friday\, November 27\, 2026 at 2:00 pm CET (8:00 am ET\, 1:00 pm London). Covers October 2026 data. \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n+2.9% y/y (August 2026\, provisional)\nActual\nPending\n\nFull schedule and background: Germany CPI Flash. \nUpdated September 2\, 2026 \n\n← Previous Germany CPI Flash\nGermany’s flash Consumer Price Index (CPI) for November 2026 is due on November 27\, 2026\, at approximately 8:00 am ET (2:00 pm CET\, 1:00 pm London time). The release comes from the Federal Statistical Office of Germany (Destatis) and covers price data for October 2026. Because Destatis has not yet confirmed this specific publication date on its release calendar\, the schedule above should be treated as an estimate based on the usual pattern: Destatis typically publishes the flash CPI on the last working day of the reference month or the first working day of the following month. Full background and the schedule of related releases is available on the Germany CPI Flash hub page. \nWhat is the Germany CPI Flash?\nThe CPI Flash is Destatis’s early\, provisional estimate of how much prices for a typical basket of consumer goods and services rose or fell over the previous 12 months. It covers everyday items such as food\, rent\, energy\, transport and healthcare\, weighted according to how households actually spend their money. Because it is released roughly two weeks ahead of the final\, confirmed CPI figure\, the flash estimate is the first hard signal markets get on German inflation for that month. \nGermany is the largest economy in the euro area\, so its inflation figures carry outsized weight for the European Central Bank (ECB) when it sets interest rates for the whole currency bloc. The release also includes the Harmonised Index of Consumer Prices (HICP)\, a version of the CPI calculated using a methodology standardised across European Union member states\, which is the specific measure the ECB targets when judging whether inflation is close to its 2% goal. \nTraders\, economists and journalists watch the flash reading closely because it moves the euro\, European government bond yields and rate expectations within seconds of publication\, well before the full breakdown of the final report becomes available a fortnight later. \nWhen is the November flash CPI released?\nDestatis is scheduled to publish the flash estimate for October 2026 on Friday\, November 27\, 2026\, at 8:00 am ET\, which is 2:00 pm in Germany (CET) and 1:00 pm in London. The figures appear first as a press release on the Destatis release calendar\, alongside the underlying data tables in the GENESIS-Online database. As noted above\, this date has not been formally confirmed by Destatis at the time of writing and is based on the office’s usual monthly release rhythm. \nWhat is the consensus forecast?\nA consensus forecast from a major survey provider such as Reuters or Bloomberg has not yet been published for the October 2026 flash reading\, as economist polls typically appear only in the days immediately before the release. Destatis itself has not published an actual figure for this report at the time of writing. The most recently confirmed print available is the July 2026 final CPI reading\, with August 2026 provisional flash data also released; according to Destatis\, the year-on-year inflation rate stood at +2.8% in July 2026\, up from +2.3% in June 2026 and +2.6% in May 2026. Destatis’s own preliminary commentary pointed to an expected reading of around +2.9% for August 2026\, with core inflation (excluding food and energy) estimated at +2.4%. \n\n\n\nMeasure\nPrior (August 2026\, provisional)\nConsensus (October 2026)\n\n\n\n\nHeadline CPI\, year on year\n+2.9%\nNot yet published\n\n\nCore CPI\, year on year (ex food and energy)\n+2.4%\nNot yet published\n\n\nHeadline CPI\, month on month\n+0.2%\nNot yet published\n\n\nHICP\, year on year\n+2.9%\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nEuro could firm and eurozone bond yields could rise\, as traders push back the timing of further ECB rate cuts\nPrices are rising faster than expected\, which could keep borrowing costs higher for longer across the euro area\n\n\nIn line with consensus\nLimited market reaction\, as the outcome confirms existing ECB rate-path expectations\nInflation is behaving roughly as economists predicted\, so little changes for savers or borrowers in the near term\n\n\nBelow consensus\nEuro could soften and eurozone bond yields could fall\, as markets price in a higher chance of ECB easing\nPrices are cooling faster than expected\, which could eventually feed through to lower interest rates on loans and mortgages\n\n\n\nThese are possible market reactions described by analysts and should not be read as predictions of what will actually happen. As FXStreet has noted of past German inflation surprises\, currency moves around this release are often described as measured rather than dramatic\, since the euro tends to react more strongly to the eurozone-wide HICP flash that follows a few days later. \nWhy does this release matter right now?\nGerman inflation has been on a bumpy path through 2026. Destatis figures show the annual rate falling to +1.9% in February 2026 before climbing back above the ECB’s 2% target for most of the spring and summer\, reaching +2.9% in April and hovering in the high 2% range by mid-year. Energy prices have been repeatedly cited by Destatis President Ruth Brand as a key swing factor\, with motor fuel and electricity costs pushing the headline rate around even as core inflation has stayed comparatively steady near 2.4% to 2.5%. \nThe ECB has been weighing this trend carefully. Because German inflation feeds directly into the eurozone-wide HICP figure that the ECB targets\, any acceleration or slowdown in this release shapes expectations for the Bank’s next Governing Council meeting. A run of higher-than-expected German prints through the middle of 2026 has already led some economists to push back their forecasts for further ECB rate cuts\, while a cooler reading in October could revive expectations of a more dovish path into 2027. \nBeyond the eurozone\, the release matters for global markets because Germany is Europe’s largest exporter and a bellwether for continental demand. A hotter-than-expected reading can nudge up European bond yields\, which in turn influences borrowing costs for governments and companies well beyond Germany’s borders\, including in the UK gilt market and in dollar-denominated eurozone corporate debt. \nWhat It Means for Your Money\nMortgages and loans: if German inflation runs hot\, it can delay ECB rate cuts\, which keeps eurozone mortgage and business loan rates elevated for longer. A cooler reading has the opposite effect\, potentially bringing forward cheaper borrowing costs across the euro area. \nSavings: higher-for-longer ECB rates generally mean better returns on eurozone savings accounts and fixed deposits\, while a dovish shift after a soft reading could see those rates edge down over time. \nJobs and wages: persistent inflation above the ECB’s target can squeeze real wages for German and eurozone workers if pay rises fail to keep pace\, while falling inflation can ease that pressure and support household spending power. \nPrices: the release is essentially a direct read on the cost of everyday items in Germany\, from groceries to petrol\, so a higher print signals continued pressure on household budgets\, while a lower one suggests some relief at the till. \nInvestments\, pensions and currencies: the euro and eurozone government bonds tend to move on surprises in this data\, which affects returns on European equity funds\, bond funds and pension holdings for investors well beyond Germany\, including in the UK and Asia where funds often hold eurozone assets. A stronger euro can also make imports into the eurozone cheaper\, while a weaker euro can push up the cost of goods and holidays priced in other currencies for European consumers. \nRelated events\n\nPrevious release: Germany CPI Flash\, October 2026\nThe eurozone-wide HICP flash estimate from Eurostat\, typically published a few days after the German figure\nThe next European Central Bank Governing Council monetary policy decision\, which weighs this data alongside inflation readings from other eurozone members\n\nFrequently Asked Questions\nWhat time is the Germany CPI Flash released?\nThe flash estimate is expected around 8:00 am ET\, which is 2:00 pm in Germany (CET) and 1:00 pm in London\, though Destatis has not formally confirmed this specific date. \nHow should I read the headline versus core figure?\nThe headline rate includes volatile items like food and energy\, while the core rate strips these out to show the underlying trend that the ECB watches most closely for signs of persistent inflation pressure. \nHow does this release affect ECB interest rate decisions?\nGerman inflation feeds into the eurozone-wide HICP that the ECB targets\, so a run of higher or lower German readings can shift expectations for whether the ECB holds\, cuts or raises interest rates at its next meeting. \nHow does this release affect ECB interest rate decisions?\nGerman inflation feeds into the eurozone-wide HICP that the ECB targets\, so a run of higher or lower German readings can shift expectations for whether the ECB holds\, cuts or raises interest rates at its next meeting. \nWhere can I find the official release?\nThe official press release and data tables are published on the Destatis release calendar and in the GENESIS-Online database. \nWhen is the next Germany CPI release?\nDestatis typically publishes the flash estimate roughly one month after the reference period\, with the final confirmed CPI figure following around two weeks after the flash estimate. \n← Previous Germany CPI Flash
URL:https://www.financecalendar.com/event/germany-cpi-flash-november-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261129T203000
DTEND;TZID=America/New_York:20261129T213000
DTSTAMP:20260902T094025Z
CREATED:20260902T094025Z
LAST-MODIFIED:20260902T094025Z
UID:2449-1795984200-1795987800@www.financecalendar.com
SUMMARY:China Official PMI November 2026
DESCRIPTION:Next China Official PMI: Monday\, November 30\, 2026 at 9:30 am CST (8:30 pm ET\, 1:30 am London). \n\nConsensus\nNot yet published\nPrior\n50.4 manufacturing / 50.1 non-manufacturing (March 2026\, most recently confirmed)\nActual\nPending\n\nFull schedule and background: China Official PMI. \nUpdated September 2\, 2026 \n\n← Previous China Official PMI\nChina’s Official PMI (Purchasing Managers’ Index) for November 2026 is due for release on Monday\, November 30\, 2026\, at 9:30 am China Standard Time\, which is 8:30 pm ET on Sunday\, November 29 in the United States and 1:30 am on Monday\, November 30 in London. The figures are published jointly by China’s National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP) on the NBS website. The release covers business conditions during November 2026 across manufacturing\, non-manufacturing (services and construction)\, and a composite reading. Full schedule and background: China Official PMI. \nWhat is the China Official PMI?\nThe Purchasing Managers’ Index is a monthly survey of purchasing managers at thousands of enterprises across China\, asking whether business conditions such as new orders\, output\, employment\, prices and delivery times improved\, worsened or stayed the same compared with the previous month. The manufacturing PMI is drawn from roughly 3\,200 manufacturing firms\, according to TrendForce’s DataTrack\, and is weighted across five sub-indices including new orders\, production\, employment\, supplier delivery times and raw material inventories. \nA reading above 50.0 signals that activity is expanding compared with the prior month\, while a reading below 50.0 signals contraction. There is no comparison against a fixed baseline: it is purely a month-on-month diffusion index. The non-manufacturing PMI\, published alongside it\, covers services and construction and is watched closely because services now make up the larger share of China’s economy. \nMarkets watch this release because it is the first hard indicator of Chinese activity for any given month\, arriving days before trade\, credit and industrial output data. Global investors\, particularly those exposed to commodities\, shipping\, and Asian equities\, use it to gauge demand from the world’s second-largest economy. \nWhen is the November PMI released?\nThe November 2026 China Official PMI is scheduled for release on November 30\, 2026\, at 9:30 am local time in Beijing (8:30 pm ET on the preceding US evening\, 1:30 am in London). It is published on the NBS website in both Chinese and English. China typically releases this data on the last calendar day of the reference month\, or the first business day after it\, rather than waiting for the start of the following month like most other economies’ PMIs. \nWhat is the consensus forecast?\nA consensus forecast for the November 2026 release had not been published at the time of writing; economist estimates from Reuters and Bloomberg polls typically appear in the days immediately before the release date. The most recently confirmed official readings available were for early 2026\, with the manufacturing PMI at 50.4 in March 2026\, up from 49.0 in February 2026\, according to Trading Economics. The specific October and November 2026 prints were not independently verifiable in the sources available for this preview\, so readers should check the official NBS release or a live economic calendar closer to the date for the confirmed prior figure and consensus. \n\n\n\nMeasure\nPrior (most recently confirmed)\nConsensus\n\n\n\n\nManufacturing PMI\n50.4 (March 2026)\nNot yet published\n\n\nNon-manufacturing PMI\n50.1 (March 2026)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign that stimulus measures and export demand are gaining traction\, potentially supportive for commodity currencies and Asian equities\nChinese factories and services firms reported stronger business than expected\, which can lift confidence in global growth\n\n\nIn line\nLimited market reaction\, seen as confirmation of the existing trend near the 50 expansion threshold\nThe economy is broadly performing as expected\, neither accelerating nor slowing sharply\n\n\nBelow consensus\nCould renew concerns about weak domestic demand and add pressure for further policy support\, a theme frequently flagged by analysts at Trading Economics and other data providers\nBusinesses are reporting weaker conditions than hoped\, which can weigh on commodity prices and sentiment towards China-exposed assets\n\n\n\nWhy does this release matter right now?\nChina’s manufacturing PMI has spent long stretches hovering either side of the 50 threshold through 2025 and into 2026\, reflecting a mix of resilient exports and persistently soft domestic demand. The index fell to 49.0 in October 2025 from 49.8 in September\, according to Trading Economics\, before recovering to 50.1 in December 2025\, as reported by the National Bureau of Statistics. Early 2026 saw a dip back into contraction around the Lunar New Year holiday before a rebound to 50.4 in March 2026\, the strongest print in a year\, supported by government spending and export demand tied to global AI-related investment. \nPolicymakers in Beijing use the PMI as one input into decisions on fiscal stimulus and monetary easing\, while foreign central banks and investors treat it as an early gauge of Chinese demand for imported goods\, industrial inputs and commodities. A weak reading tends to reinforce expectations that Beijing will lean further into stimulus\, while a strong reading can ease pressure for additional support. \nRecent China Official PMI readings\n\n\n\nMonth\nManufacturing PMI\nNon-manufacturing PMI\n\n\n\n\nSeptember 2025\n49.8\nn/a\n\n\nOctober 2025\n49.0\nn/a\n\n\nDecember 2025\n50.1\n50.2\n\n\nJanuary 2026\n49.3\nn/a\n\n\nFebruary 2026\n49.0\nn/a\n\n\nMarch 2026\n50.4\n50.1\n\n\n\nSource: National Bureau of Statistics of China and Trading Economics. Some months are omitted where an official non-manufacturing figure was not independently confirmed for this preview. \nWhat It Means for Your Money\nMortgages and interest rates: A weak China PMI can push global bond yields lower as investors seek safety\, which can feed through to slightly cheaper fixed mortgage rates in the US\, UK and Europe. A strong reading can have the opposite effect\, nudging yields and borrowing costs up. \nJobs and wages: Manufacturers and exporters in Asia\, Europe and commodity-producing nations such as Australia and Brazil are sensitive to Chinese demand. A run of weak PMI prints can eventually show up as softer hiring at firms that sell machinery\, metals or components into China. \nPrices at home: China is a major buyer of oil\, copper and other raw materials. Stronger Chinese activity tends to support commodity prices\, which can filter into fuel and household goods prices elsewhere; weaker activity can help keep those costs down. \nInvestments and pensions: Chinese and broader Asian equities\, along with commodity-linked stocks and funds held in pensions\, often move on the day of this release. A surprise in either direction can cause short-term volatility in diversified portfolios with exposure to emerging markets. \nCurrencies: The Chinese yuan\, the Australian dollar and other commodity currencies frequently react to PMI surprises\, and moves can spill over into the pound\, euro and dollar through shifts in risk appetite and trade flows. \nRelated events\n\nPrevious release: China Official PMI\, October 2026\nChina’s Caixin manufacturing and services PMIs\, a separate private-sector survey published a day or two after the official figures\nChina trade balance and industrial production data\, typically released in the following weeks\n\nFrequently Asked Questions\nWhat time is the China Official PMI released?\nThe November 2026 release is due at 9:30 am China Standard Time on November 30\, 2026\, which is 8:30 pm ET the previous evening and 1:30 am in London. \nHow do I read the PMI number?\nA reading above 50.0 means activity expanded compared with the previous month\, while a reading below 50.0 means it contracted; the further from 50.0\, the stronger the signal. \nDoes the China PMI affect central bank policy elsewhere?\nIt is not a direct input for the Federal Reserve\, Bank of England or European Central Bank\, but sharp swings can influence their assessment of global growth and commodity price pressures\, which feed into inflation forecasts. \nWhere can I find the official release?\nThe data is published on the National Bureau of Statistics of China website\, with an English-language version typically posted within days of the Chinese release. \nWhen is the next China Official PMI due?\nThe December 2026 reading is expected around the final day of December 2026 or the first business day of January 2027\, following the usual monthly pattern. \n← Previous China Official PMI
URL:https://www.financecalendar.com/event/china-official-pmi-november-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261130T204500
DTEND;TZID=America/New_York:20261130T214500
DTSTAMP:20260902T094724Z
CREATED:20260902T094724Z
LAST-MODIFIED:20260902T094724Z
UID:2453-1796071500-1796075100@www.financecalendar.com
SUMMARY:China Caixin Manufacturing PMI December 2026
DESCRIPTION:Next China Caixin Manufacturing PMI: Tuesday\, December 1\, 2026 at 9:45 am CST (8:45 pm ET\, 1:45 am London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n50.9 (September 2026\, most recent confirmed print at time of writing)\nActual\nPending\n\nFull schedule and background: China Caixin Manufacturing PMI. \nUpdated September 2\, 2026 \n\n← Previous China Caixin Manufacturing PMI\nThe Caixin China Manufacturing Purchasing Managers’ Index (PMI) for November 2026 is scheduled for release on December 1\, 2026\, at approximately 9:45 am China Standard Time\, which is 8:45 pm ET on December 1 in the US and 1:45 am London time on December 2 in the UK. The figures are compiled by S&P Global on behalf of Chinese financial media group Caixin and cover business conditions in China’s manufacturing sector during November 2026. Full schedule and background: China Caixin Manufacturing PMI. \nWhat is the Caixin Manufacturing PMI?\nThe Caixin Manufacturing PMI is a monthly survey-based gauge of activity at Chinese factories. Purchasing managers at more than 500 manufacturing companies are asked whether output\, new orders\, employment\, supplier delivery times and stocks of purchased items have improved\, worsened or stayed the same compared with the previous month. Those answers are combined into a single diffusion index: a reading above 50 signals expansion\, a reading below 50 signals contraction\, and 50 itself marks the boundary between growth and shrinkage. \nUnlike the official manufacturing PMI produced by China’s National Bureau of Statistics\, which leans towards larger\, state-owned firms\, the Caixin survey focuses on small and medium-sized private manufacturers. That makes it a useful cross-check on the health of the private sector\, which employs a large share of China’s workforce and is more exposed to swings in export demand. \nMarkets watch the release closely because China is the world’s second-largest economy and its largest consumer of industrial metals. A weakening Caixin PMI can flag softer demand for commodities\, shipping and components sourced from Asia\, Europe and the Americas\, while a stronger reading can support risk appetite across global equity and currency markets. \nWhen is the November Caixin Manufacturing PMI released?\nThe report is due on December 1\, 2026\, published by S&P Global and Caixin Insight Group on the Caixin website and through S&P Global’s PMI release channels. The Caixin manufacturing survey traditionally appears on the first business day of the month\, immediately after China’s official NBS manufacturing PMI. As with most monthly indicator pages on this calendar\, the exact release date shown here has not yet been formally confirmed by the publisher and is estimated from that established pattern; readers should check the official S&P Global release calendar nearer the time. \nWhat is the consensus forecast?\nA consensus forecast for the November 2026 Caixin Manufacturing PMI has not yet been published. Analyst estimates for this release typically emerge in the days immediately before publication\, gathered by data providers such as Reuters and Trading Economics as part of their economic calendars. \nThe most recent confirmed print available at the time of writing was the September 2026 reading of 50.9\, which had eased from 51.7 the previous month\, according to TrendForce’s DataTrack service\, which cited slower growth in production and new orders as the pace of China’s recovery cooled. \n\n\n\nMeasure\nPrior confirmed print\nConsensus\n\n\n\n\nCaixin Manufacturing PMI\n50.9 (September 2026)\nNot yet published\n\n\nChange from prior month\nDown from 51.7 (August 2026)\nNot applicable\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign Chinese manufacturers are coping better with soft domestic demand\, potentially lifting sentiment towards Asian equities and commodity-linked currencies\nFactories reported more new orders or output than economists expected\, suggesting the sector is holding up or improving\n\n\nIn line with consensus\nLimited market reaction\, since the number confirms the trend already priced in by investors\nManufacturing conditions changed roughly as expected\, neither a relief nor a fresh worry\n\n\nBelow consensus\nCould add to concerns about China’s growth momentum\, an outcome commentators such as those at TrendForce have linked to sluggish domestic demand and calls for more infrastructure spending\nFactories reported weaker conditions than forecast\, which may renew pressure on Beijing to support the economy\n\n\n\nThese are possible market reactions described by analysts\, not predictions of how markets will actually move on the day. \nWhy does this release matter right now?\nChina’s manufacturing sector has spent much of 2026 hovering close to the 50 boom-or-bust line\, with readings such as the September dip to 50.9 from 51.7 reflecting what TrendForce described as domestic demand dragging on the recovery even as the survey stayed in expansion territory. The official NBS PMI has periodically slipped below 50 during the same period\, according to Investing.com’s economic calendar commentary\, underlining a divergence between the private-sector Caixin survey and the state-focused official gauge. \nInvestors are watching whether Beijing’s infrastructure spending and stimulus measures feed through into stronger new orders\, and whether export demand holds up given ongoing trade tensions. Any renewed weakness in the Caixin PMI would likely intensify calls\, noted in recent commentary\, for further policy support from Chinese authorities. \nWhat It Means for Your Money\n\nMortgages and borrowing costs: a weak Chinese PMI can pull down global bond yields as investors seek safety\, which can feed through to slightly lower mortgage rates in the US\, UK and eurozone\, though the effect is usually modest and indirect.\nSavings: savers are unlikely to see a direct effect\, but persistent weakness in Chinese manufacturing can weigh on the interest rate outlook of central banks whose economies are exposed to Chinese demand.\nJobs and wages: workers in commodity exporting economies such as Australia\, and in manufacturing supply chains across Asia and Europe\, are more exposed to swings in Chinese factory demand than most.\nPrices: a stronger PMI can support commodity prices\, including metals and energy\, which can feed into the cost of goods and fuel for households worldwide.\nInvestments\, pensions and currencies: the Chinese yuan\, Asian equity markets and commodity-linked currencies such as the Australian dollar tend to react most directly to this release\, with knock-on effects for globally diversified pension funds.\n\nRelated events\n\nChina Caixin Manufacturing PMI\, November 2026\nChina’s official NBS Manufacturing PMI\, usually released the same day\nChina Caixin Services and Composite PMI\, published a few days after the manufacturing survey\n\nFrequently Asked Questions\nWhat time is the Caixin Manufacturing PMI released?\nThe November 2026 report is expected around 9:45 am China Standard Time on December 1\, 2026\, which is 8:45 pm ET the same day and 1:45 am London time on December 2. \nHow should I read the PMI number?\nA reading above 50 signals expansion in manufacturing activity compared with the previous month\, while a reading below 50 signals contraction; the further from 50\, the stronger the signal. \nDoes the Caixin PMI affect interest rate decisions?\nIt is not a policy tool itself\, but persistent weakness or strength can influence how central banks and investors assess global growth risks\, indirectly affecting bond yields and rate expectations. \nWhere can I find the official release?\nThe official figures are published by S&P Global and Caixin Insight Group\, with release dates listed on S&P Global’s PMI release calendar. \nWhen is the next Caixin Manufacturing PMI due?\nThe following report\, covering December 2026\, is typically released on the first business day of January 2027. \n← Previous China Caixin Manufacturing PMI
URL:https://www.financecalendar.com/event/china-caixin-manufacturing-pmi-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261201T050000
DTEND;TZID=America/New_York:20261201T060000
DTSTAMP:20260826T020620Z
CREATED:20260826T020620Z
LAST-MODIFIED:20260826T020620Z
UID:2229-1796101200-1796104800@www.financecalendar.com
SUMMARY:Eurozone Flash CPI December 2026
DESCRIPTION:Next Eurozone Flash CPI: Tuesday\, December 1\, 2026 at 11:00 am CET (5:00 am ET\, 10:00 am London). Covers November 2026 data. \n\nConsensus\nNot yet published\nPrior\n3.0% HICP annual inflation (April 2026\, final Eurostat reading); October/November 2026 figures not yet independently verified\nActual\nPending\n\nFull schedule and background: Eurozone Flash CPI. \nUpdated August 25\, 2026 \n\n← Previous Eurozone Flash CPI\nThe Eurozone Flash CPI for November 2026 is due on Tuesday\, December 1\, 2026 at 11:00 am CET\, which is 5:00 am ET and 10:00 am London time. The release is published by Eurostat\, the statistical office of the European Union\, and gives the first\, fastest read on how much prices rose across the 20 countries that use the euro during November 2026. Full schedule and background: Eurozone Flash CPI. \nThis is a flash estimate\, meaning it is a rapid calculation based on early\, partial price data\, not the fully audited final figure. Eurostat typically revises the number slightly a few weeks later once complete national data comes in\, though large revisions are unusual. \nWhat is the Eurozone Flash CPI?\nThe flash CPI tracks the Harmonised Index of Consumer Prices\, or HICP\, which measures the average change in prices paid by households across the euro area for a fixed basket of goods and services: food\, energy\, housing costs\, transport\, healthcare\, leisure and more. Eurostat calculates it by combining preliminary national inflation data submitted by member states’ statistical offices before their own final figures are ready\, which is why the euro area number often lands before some individual country data is finalised. \nMarkets watch this release closely because it is the main input the European Central Bank (ECB) uses to judge whether inflation is moving towards its 2% target. The headline figure includes volatile items like energy and unprocessed food\, so analysts also watch core inflation\, which strips these out to show the underlying price trend. A basis point\, often shortened to bp\, is one hundredth of a percentage point and is the unit used to describe changes in interest rates that the ECB may set in response to this data. \nBecause the euro is shared by 20 countries with very different local conditions\, from low-inflation Sweden and Denmark to higher-inflation Romania and Bulgaria\, the euro area average can mask sharp differences at the national level. Eurostat publishes country breakdowns alongside the headline figure. \nWhen is the November flash CPI released?\nEurostat is scheduled to release the November 2026 flash estimate on December 1\, 2026 at 11:00 am CET (5:00 am ET\, 10:00 am London). It appears on the Eurostat euro indicators release calendar and is published as a short statistical release on the Eurostat website\, usually followed a few weeks later by the fuller\, revised HICP report that includes more detailed component breakdowns. \nWhat is the consensus forecast?\nAt the time of writing\, a consensus forecast for the November 2026 flash estimate has not yet been published. Economist surveys for this release\, typically compiled by Reuters or Bloomberg in the days before publication\, tend to appear closer to the release date\, so figures may firm up as December 1 approaches. \nThe most recently confirmed Eurostat figures available show that euro area annual inflation was 3.0% in April 2026\, up from 2.6% in March 2026\, according to Eurostat’s official euro indicators release. A year earlier\, in the November 2025 flash estimate\, euro area inflation stood at 2.2%\, up from 2.1% in October 2025. These figures illustrate the general upward drift in euro area inflation through 2026\, though the specific October and November 2026 readings that would normally sit directly ahead of this release were not independently verifiable from public sources at the time this page was written. \n\n\n\nMeasure\nMost recent confirmed reading\nConsensus for November 2026\n\n\n\n\nHeadline annual HICP inflation\n3.0% (April 2026\, final)\nNot yet published\n\n\nEU-wide annual inflation\n3.2% (April 2026\, final)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nCould be read as a sign the ECB may hold interest rates higher for longer\, since policymakers watch inflation prints closely when deciding on rates\nPrices are rising faster than expected\, which could keep borrowing costs elevated and squeeze household budgets further\n\n\nIn line with consensus\nLikely limited market reaction\, as traders would see this as confirming the existing policy path\nInflation is behaving broadly as expected\, so no major surprises for mortgage rates or savings in the near term\n\n\nBelow consensus\nCould support expectations of interest rate cuts or a pause in tightening from the ECB\nPrices are rising more slowly than feared\, which could eventually feed through to lower borrowing costs\n\n\n\nThese are possibilities based on how markets have typically reacted to inflation surprises\, not predictions of what will happen on December 1\, 2026. \nWhy does this release matter right now?\nThe ECB has repeatedly stated that its policy decisions are data dependent\, meaning each new inflation reading feeds directly into its assessment of whether interest rates need to rise\, fall or stay unchanged to keep inflation near its 2% medium-term target. Eurostat’s own release calendar and data show that euro area inflation rose over the course of 2026\, moving from 2.2% in the November 2025 flash estimate to 3.0% by the final April 2026 reading\, a trend that has kept inflation above the ECB’s target for an extended period. Large gaps between individual eurozone countries\, with rates as low as 0.5% in Sweden and as high as 9.5% in Romania in the April 2026 data\, also complicate the ECB’s task of setting one interest rate for the whole currency bloc. \nWhat It Means for Your Money\nFor anyone with a mortgage in the eurozone\, this release matters because it feeds into the ECB’s interest rate decisions\, which set the base cost of borrowing for banks across the currency area. A higher than expected inflation print could reduce the chances of near-term rate cuts\, keeping variable mortgage repayments higher for longer. A lower print could support hopes of cheaper borrowing in the months ahead. \nSavers with euro-denominated deposit accounts are affected in the opposite direction: higher interest rates generally mean better returns on cash savings\, while a sustained fall in inflation could eventually see banks reduce the rates they pay. \nFor wages and jobs\, persistent high inflation tends to feed into pay negotiations\, as workers and unions push for larger increases to keep pace with the rising cost of living. This in turn can influence how quickly\, or slowly\, the ECB feels able to bring rates down. \nEveryday prices\, from groceries to energy bills\, are the most direct effect: this release simply measures how much they have already changed\, giving households across the eurozone (and by extension trading partners in the UK\, the US and Asia) a read on the direction of living costs. \nFor investors and pension savers\, eurozone inflation surprises can move government bond yields\, the euro’s exchange rate against the pound and dollar\, and stock market sentiment\, since interest rate expectations affect the value of company earnings and future ECB policy. A weaker euro following a soft inflation print\, for instance\, can make imports more expensive for eurozone consumers but cheaper for UK or US buyers of European goods. \nRelated events\n\nEurozone Flash CPI\, November 2026 release\, the previous month’s flash estimate\nThe European Central Bank’s next interest rate decision\, which typically follows the flash CPI release by one to two weeks\nThe US Consumer Price Index report\, published by the US Bureau of Labor Statistics\, which investors often compare against eurozone inflation trends\n\nFrequently Asked Questions\nWhat time is the November 2026 Eurozone flash CPI released?\nEurostat is scheduled to publish the flash estimate on December 1\, 2026 at 11:00 am CET\, which is 5:00 am ET and 10:00 am London time. \nHow should I read the flash CPI figure?\nLook at the annual percentage change first\, then compare it with the prior month and any published consensus forecast; a rise above expectations generally signals stronger price pressure\, while a figure below expectations suggests inflation is cooling. \nHow does this release affect ECB interest rates?\nThe ECB uses inflation data\, including flash CPI estimates\, as one of its main inputs when deciding whether to raise\, lower or hold its key interest rates\, since its mandate is to keep euro area inflation close to 2% over the medium term. \nWhere can I find the official release?\nThe figures are published directly on the Eurostat euro indicators release calendar and on the Eurostat website under euro area inflation statistics. \nWhen is the next Eurozone flash CPI release?\nEurostat typically publishes the flash estimate on the first business day of the following month\, so the December 2026 flash estimate\, covering that month’s data\, would normally follow in early January 2027. \n← Previous Eurozone Flash CPI
URL:https://www.financecalendar.com/event/eurozone-flash-cpi-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261201T100000
DTEND;TZID=America/New_York:20261201T110000
DTSTAMP:20260826T020829Z
CREATED:20260826T020829Z
LAST-MODIFIED:20260826T020829Z
UID:2231-1796119200-1796122800@www.financecalendar.com
SUMMARY:US ISM Manufacturing PMI December 2026
DESCRIPTION:Next US ISM Manufacturing PMI: Tuesday\, December 1\, 2026 at 10:00 am ET (3:00 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n55.6 (July 2026)\nActual\nPending\n\nFull schedule and background: US ISM Manufacturing PMI. \nUpdated August 25\, 2026 \n\n← Previous US ISM Manufacturing PMI\nThe ISM Manufacturing PMI for December 2026 is due to be released on December 1\, 2026 at 10:00 am ET (3:00 pm London time) by the Institute for Supply Management (ISM). The report covers manufacturing activity for November 2026. Full schedule and background: US ISM Manufacturing PMI. \nWhat is the ISM Manufacturing PMI?\nThe ISM Manufacturing Purchasing Managers’ Index (PMI) is a monthly survey of purchasing and supply executives at manufacturing firms across the United States. Respondents from around 400 companies in 18 industries are asked whether business conditions such as new orders\, production\, employment\, supplier deliveries and inventories have improved\, worsened or stayed the same compared with the previous month. \nThose responses are combined into a single diffusion index. A reading above 50 means the manufacturing sector is expanding\, a reading below 50 means it is contracting. The distance from 50 indicates the pace of change\, so a reading of 58 signals faster growth than 52. \nMarkets watch the ISM Manufacturing PMI closely because it is one of the earliest and most reliable monthly indicators of the health of US industry\, arriving before most official government data for the same month. Sub-indices such as New Orders and Prices Paid also give an early read on demand and inflation pressure in supply chains\, which the Federal Reserve monitors when setting interest rates. \nWhen is the December ISM Manufacturing PMI released?\nThe report is scheduled for Tuesday\, December 1\, 2026 at 10:00 am ET (3:00 pm London)\, published directly by the Institute for Supply Management on its website. The ISM has not yet confirmed this specific date at the time of writing; ISM typically publishes the Manufacturing PMI on the first business day of the month following the survey period\, so December 1\, 2026 is the expected date based on that established pattern. \nWhat is the consensus forecast?\nA consensus forecast for the November 2026 data (to be published on December 1\, 2026) has not yet been published. Economists’ estimates typically become available in the days immediately before the release\, compiled by outlets such as Reuters and Bloomberg from surveys of forecasters. \nThe most recent confirmed reading available at the time of writing is for July 2026. The ISM Manufacturing PMI rose to 55.6 in July 2026\, up from 53.3 in June 2026\, according to TD Economics’ analysis of the official ISM report\, marking the seventh consecutive month of expansion and the strongest reading since May 2022. \n\n\n\nMeasure\nPrior (June 2026)\nLatest confirmed (July 2026)\n\n\n\n\nHeadline PMI\n53.3\n55.6\n\n\nNew Orders Index\n56.0\n56.7\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign of resilient factory demand; could support the dollar and push Treasury yields higher if it feeds expectations that the Fed will hold rates for longer\nFactories are busier than expected\, which can be a good sign for jobs and growth but may also keep borrowing costs elevated\n\n\nIn line with consensus\nLikely limited market reaction\, since the data broadly confirms the trend traders had already priced in\nManufacturing is behaving roughly as expected\, so little changes for interest rate expectations\n\n\nBelow consensus\nCould be read as a sign of cooling demand\, potentially supporting expectations of interest rate cuts and weighing on the dollar\nFactories are seeing less business than hoped\, which can be a warning sign for jobs and wider economic growth\n\n\n\nThese are possible reactions described by market commentators\, not predictions. Actual moves depend on the wider data picture on the day\, including labour market and inflation releases around the same time. \nWhy does this release matter right now?\nThe ISM Manufacturing PMI has been a closely watched barometer of the US industrial cycle through 2026. According to TD Economics\, the index climbed for seven straight months into July 2026\, with production and new orders both strengthening and 15 of 18 tracked industries reporting expansion. That trend followed an extended period earlier in the expansion where the Employment Index remained below 50\, a point ISM’s Susan Spence highlighted in the June 2026 report when factory hiring intentions were still soft even as overall activity improved. \nInvestors and the Federal Reserve watch this report for signs of whether tariffs\, borrowing costs and global demand are helping or hurting US factories\, and whether price pressures in the Prices Paid sub-index are building or easing. A run of strong prints can shift expectations for how long the Fed keeps interest rates on hold\, while a sudden slowdown can revive talk of rate cuts. \nWhat It Means for Your Money\n\nMortgages and loans: Manufacturing strength that suggests the economy is running hot can push bond yields up\, which tends to feed through to higher fixed mortgage rates in the US and\, indirectly\, to global borrowing costs. Weak factory data can have the opposite effect.\nSavings: If the report shifts expectations about Federal Reserve interest rate decisions\, it can move the rates banks offer on savings accounts and money market funds in the months ahead.\nJobs and wages: The Employment Index within the report gives an early signal on factory hiring. A weakening trend can be a warning sign for job security in manufacturing-heavy regions and supply chains.\nPrices: The Prices Paid sub-index tracks the cost of raw materials for manufacturers. A sharp rise can be an early sign that inflation pressure is building further down the supply chain\, which can eventually show up in shop prices.\nInvestments\, pensions and currencies: Equity markets\, particularly industrial and materials shares\, often react to the headline number and New Orders sub-index. A stronger-than-expected US reading can also lift the dollar against the pound and euro\, affecting the value of overseas holdings for UK and European investors\, while a weak reading tends to have the opposite effect.\n\nRelated events\n\nPrevious release: US ISM Manufacturing PMI\, November 2026\nFull series schedule and history: US ISM Manufacturing PMI hub page\nRelated US labour market and inflation releases\, including the monthly jobs report and CPI\, are also worth checking around this date for the fuller economic picture\n\nFrequently Asked Questions\nWhat time is the December 2026 ISM Manufacturing PMI released?\nIt is scheduled for 10:00 am ET\, which is 3:00 pm in London\, on December 1\, 2026. \nHow do I read the ISM Manufacturing PMI number?\nA reading above 50 means the manufacturing sector is expanding compared with the previous month\, while a reading below 50 means it is contracting. The further from 50\, the faster the pace of change. \nHow does this report affect interest rates?\nThe Federal Reserve monitors manufacturing activity and price pressures shown in the report’s sub-indices as part of its broader assessment of the economy\, so persistently strong or weak readings can influence expectations for future interest rate decisions. \nWhere can I find the official ISM Manufacturing PMI release?\nThe report is published directly by the Institute for Supply Management on its website\, ismworld.org\, in the ISM PMI Reports section. \nWhere can I find the next ISM Manufacturing PMI released after this one?\nThe following report\, covering December 2026 data\, is expected in early January 2027\, following ISM’s usual pattern of publishing on the first business day of the month. \n← Previous US ISM Manufacturing PMI
URL:https://www.financecalendar.com/event/us-ism-manufacturing-pmi-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261201T100000
DTEND;TZID=America/New_York:20261201T110000
DTSTAMP:20260902T094405Z
CREATED:20260902T094405Z
LAST-MODIFIED:20260902T094405Z
UID:2451-1796119200-1796122800@www.financecalendar.com
SUMMARY:US JOLTS Job Openings December 2026
DESCRIPTION:Next US JOLTS Job Openings: Tuesday\, December 1\, 2026 at 10:00 am ET (3:00 pm London). Covers October 2026 data. \n\nConsensus\nNot yet published\nPrior\n7.3 million (July 2026\, most recent confirmed reading)\nActual\nPending\n\nFull schedule and background: US JOLTS Job Openings. \nUpdated September 2\, 2026 \n\n← Previous US JOLTS Job Openings\nThe US JOLTS Job Openings report for October 2026 is released on December 1\, 2026 at 10:00 am ET (3:00 pm London) by the US Bureau of Labor Statistics (BLS). The Job Openings and Labor Turnover Survey\, known as JOLTS\, measures how many positions employers were actively trying to fill during the reference month\, alongside hiring and separations. Full schedule and background: US JOLTS Job Openings. \nWhat is the JOLTS job openings report?\nJOLTS is a monthly survey of roughly 21\,000 US business establishments run by the Bureau of Labor Statistics. It counts three main flows in the labour market: job openings (unfilled positions employers are actively recruiting for)\, hires (people added to payrolls) and separations\, which splits further into quits\, layoffs and discharges\, and other separations. \nThe headline figure watched by markets is the total number of job openings\, usually expressed in millions\, along with the job openings rate (openings as a share of employment plus openings). A second closely tracked figure is the quits rate\, which economists use as a proxy for worker confidence: people tend to quit more readily when they believe they can find another job easily. \nThe Federal Reserve pays close attention to JOLTS because it captures labour demand before it shows up in the monthly non-farm payrolls report. A wide gap between openings and the number of unemployed workers points to a tight labour market that can put upward pressure on wages and\, eventually\, inflation. \nWhen is the October 2026 JOLTS report released?\nThe BLS publishes the JOLTS release for October 2026 data on Tuesday\, December 1\, 2026 at 10:00 am ET (3:00 pm London time). The full statistical tables and commentary are published on the BLS JOLTS website. JOLTS data run with roughly a two-month lag to the reference month\, which is why the October reading is not published until early December. \nWhat is the consensus forecast?\nA consensus forecast for the October 2026 release has not yet been published. Polls of economists compiled by outlets such as Dow Jones and Reuters are typically released only in the days immediately before the report\, so figures will need to be checked closer to December 1\, 2026. \nThe most recent confirmed reading at the time of writing is for July 2026: job openings were “little changed at 7.3 million\,” according to the BLS July 2026 JOLTS release. Openings had earlier jumped to 7.618 million in April 2026\, “the highest level since May 2024\,” according to Advisor Perspectives\, before holding around 7.6 million in May. \n\n\n\nMeasure\nPrior reading\nConsensus\n\n\n\n\nJob openings (millions)\n7.3 million (July 2026)\nNot yet published\n\n\nQuits rate\nDown from prior month (July 2026)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nCould be read as a sign of a resilient labour market\, potentially reducing pressure on the Federal Reserve to cut interest rates further\, according to analysts who track JOLTS alongside payrolls data\nMore jobs are being advertised than expected\, which can support wage growth but may also keep borrowing costs higher for longer\n\n\nIn line with consensus\nMarkets are likely to treat the release as confirming the existing view of a “low-hire\, low-fire” labour market\, a description used by Oxford Economics economist Matthew Martin\nThe jobs market is neither strengthening nor weakening sharply\, so little changes for interest rate expectations\n\n\nBelow consensus\nCould be interpreted as a cooling labour market\, potentially firming expectations for further Fed rate cuts\, according to economists who watch the openings-to-unemployed ratio\nEmployers are advertising fewer jobs\, which can eventually translate into slower hiring and weaker wage growth\n\n\n\nWhy does this release matter right now?\nThe Federal Reserve has used JOLTS data throughout 2026 to judge whether labour demand is cooling gently or sharply. Openings surged to 7.618 million in April 2026\, the highest level in nearly two years\, before easing back to 7.3 million by July\, described by the BLS as “little changed” month on month. Oxford Economics economist Matthew Martin said in a note on the April data that “the labour market remains mostly stable\,” with both quits and layoffs ticking down\, a pattern typically described as low-hire\, low-fire. \nBecause JOLTS lags the reference month by roughly two months\, the October 2026 report gives the Fed a delayed but still useful cross-check against more timely indicators such as weekly jobless claims and the monthly non-farm payrolls report. Traders in interest rate futures markets use shifts in the openings and quits data\, alongside these other releases\, to adjust the probability they assign to future Fed rate decisions. \nWhat It Means for Your Money\n\nMortgages and borrowing: A weaker-than-expected JOLTS report can nudge US Treasury yields lower\, which sometimes feeds through to US mortgage rates and\, indirectly\, to global bond markets that influence UK and eurozone borrowing costs.\nSavings rates: If the data shift expectations for Fed interest rate cuts\, savings account and money market fund returns in the US could adjust in the following months\, with the direction of savings rates in the UK and eurozone often following a similar pattern with a lag.\nJobs and wages: A falling quits rate suggests workers feel less confident about finding a new role\, which can slow wage growth. This is watched by anyone renegotiating pay or considering a job change\, not just in the US but across economies closely linked to US demand.\nInvestments and pensions: Equity markets\, including those held in workplace pensions\, often react to what JOLTS implies for interest rates rather than the jobs numbers themselves. A soft reading that raises hopes of rate cuts can lift share prices\, while a strong reading can weigh on them.\nCurrencies: Surprises in JOLTS can move the US dollar against the pound and the euro\, since they feed into expectations for the gap between US and other major central bank interest rates.\n\nRelated events\n\nUS JOLTS Job Openings\, November 2026 report (September 2026 data)\nUS non-farm payrolls report\, typically released on the first Friday of the month\nFederal Reserve interest rate decision\, usually held roughly a week or two after the JOLTS release\n\nFrequently Asked Questions\nWhat time is the October 2026 JOLTS report released?\nThe BLS publishes the report on December 1\, 2026 at 10:00 am ET\, which is 3:00 pm London time. \nHow should I read the JOLTS job openings number?\nA rising number of job openings generally signals stronger labour demand\, while a falling number\, alongside a falling quits rate\, tends to signal a cooling labour market. \nHow does JOLTS affect interest rate decisions?\nThe Federal Reserve treats JOLTS as one of several labour market indicators used to judge whether the jobs market is loosening or tightening\, which feeds into its assessment of inflation risk and its interest rate decisions. \nWhere can I find the official JOLTS release?\nThe BLS publishes the full release and data tables on its JOLTS website. \nWhen is the next JOLTS report after this one?\nThe BLS typically publishes JOLTS data roughly a month after this release\, covering the following reference month\, though exact dates depend on the BLS release schedule. \n← Previous US JOLTS Job Openings
URL:https://www.financecalendar.com/event/us-jolts-job-openings-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261202T050000
DTEND;TZID=America/New_York:20261202T060000
DTSTAMP:20260902T143506Z
CREATED:20260902T143506Z
LAST-MODIFIED:20260902T143506Z
UID:2581-1796187600-1796191200@www.financecalendar.com
SUMMARY:Eurozone Unemployment December 2026
DESCRIPTION:Next Eurozone Unemployment: Wednesday\, December 2\, 2026 at 11:00 am CET (5:00 am ET\, 10:00 am London). \n\nConsensus\nNot yet published\nPrior\nTo be confirmed by Eurostat closer to release\nActual\nPending\n\nFull schedule and background: Eurozone Unemployment. \nUpdated September 2\, 2026 \n\n← Previous Eurozone Unemployment\nEurostat\, the statistical office of the European Union\, releases its monthly euro area unemployment report on Wednesday\, December 2\, 2026\, at 11:00am CET (5:00am ET\, 10:00am London). This release covers the unemployment rate for October 2026\, the labour-market snapshot for the 20 countries that use the euro. Full schedule and background: Eurozone Unemployment. \nThe unemployment rate measures the share of the labour force that is jobless but actively seeking work\, seasonally adjusted so that normal hiring patterns (such as seasonal retail or agricultural work) do not distort the monthly comparison. Eurostat also publishes a breakdown by age group and by member state\, which tends to show wide gaps between economies such as Germany and Spain. \nWhat is the consensus forecast?\nA consensus forecast has not yet been published for this release. Economists surveyed by Reuters and Bloomberg typically publish their median estimate in the days immediately before the release date\, once other euro area labour indicators for October have come through. \nThe euro area unemployment rate has held near historic lows through 2025 and 2026\, broadly in the low 6% range\, according to Eurostat’s release calendar. The exact prior reading for September 2026 will be confirmed in Eurostat’s official statistical release ahead of this report; readers should check Eurostat’s release calendar for the confirmed figure closer to the date. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nUnemployment rate\nTo be confirmed by Eurostat\nNot yet published\n\n\nYouth unemployment\nTo be confirmed by Eurostat\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nAbove consensus\nEuro softens slightly\, European Central Bank seen more cautious on further rate cuts\nMore people are out of work than expected\, a sign the labour market is cooling\n\n\nIn line with consensus\nLimited market reaction\nThe labour market is behaving as economists expected\, no major surprise\n\n\nBelow consensus\nEuro can firm modestly\, seen as supportive for consumer spending\nFewer people are unemployed than expected\, a sign hiring remains resilient\n\n\n\nWhy it matters this week\nThe unemployment rate is one of the European Central Bank’s key gauges of how much slack remains in the euro area economy. A tight labour market\, where unemployment stays low\, tends to keep wage growth firmer\, which the ECB watches closely because higher wages can feed into inflation through higher household spending and business costs. \nThis report lands alongside other euro area data in early December\, so investors will also weigh it against inflation and growth figures due around the same time. A weaker than expected reading could add to the case for the ECB to hold or cut interest rates further\, while a stronger reading could reinforce the ECB’s caution about cutting rates too quickly\, according to commentary on the Eurostat release calendar. \nWhat It Means for Your Money\nFor savers and mortgage holders across the euro area\, this report feeds into the broader picture the ECB uses when setting interest rates. If unemployment rises more than expected\, it could support the case for lower borrowing costs over time\, which would eventually filter through to cheaper mortgages and loans\, though usually with a lag of several months. \nFor investors holding European equities or eurozone government bonds\, a weaker labour market can be a double-edged sword: it may support lower interest rates (generally good for bond prices) but can also signal weaker consumer spending\, which weighs on company earnings and pension fund returns. \nFor anyone holding euros against the pound\, dollar or other currencies\, a surprise in either direction can move the exchange rate briefly\, affecting the cost of European holidays\, imported goods\, or money sent abroad\, though the unemployment rate on its own rarely causes large or lasting currency swings. \nFrequently Asked Questions\nWhat time is the December 2026 euro area unemployment report released?\nEurostat publishes the report at 11:00am CET (5:00am ET\, 10:00am London) on Wednesday\, December 2\, 2026. \nWhat would count as a big miss from consensus?\nOnce a consensus is published\, a move of 0.2 percentage points or more away from the median forecast would typically be seen as a significant miss\, since the euro area unemployment rate usually moves in very small increments month to month. \nWhen is the next euro area unemployment report?\nEurostat typically publishes euro area unemployment data on the first business day of the following month\, so the next release covering November 2026 is expected in early January 2027. \nWhere can I find the official prior reading?\nThe confirmed prior month’s figure is published in Eurostat’s official statistical release\, available through the Eurostat release calendar. \n← Previous Eurozone Unemployment
URL:https://www.financecalendar.com/event/eurozone-unemployment-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261202T081500
DTEND;TZID=America/New_York:20261202T091500
DTSTAMP:20260902T095018Z
CREATED:20260902T095018Z
LAST-MODIFIED:20260902T095018Z
UID:2457-1796199300-1796202900@www.financecalendar.com
SUMMARY:US ADP Employment Report December 2026
DESCRIPTION:Next US ADP Employment Report: Wednesday\, December 2\, 2026 at 8:15 am ET (1:15 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\nNot yet available for this release\nActual\nPending\n\nFull schedule and background: US ADP Employment Report. \nUpdated September 2\, 2026 \n\n← Previous US ADP Employment Report\nThe US ADP Employment Report for November 2026 is scheduled for release on Wednesday\, December 2\, 2026 at 8:15am ET (1:15pm London). It is published by ADP Research\, the research arm of payroll processor Automatic Data Processing\, in partnership with the Stanford Digital Economy Lab. The report estimates the change in private sector employment across the United States during November 2026. Full schedule and background: US ADP Employment Report. \nBecause ADP has not yet confirmed the exact release date this far in advance\, this page uses the standard pattern: ADP typically publishes its national employment report on the first Wednesday of the month\, two days ahead of the US government’s official jobs report from the Bureau of Labor Statistics. If ADP shifts the date closer to the time\, this page will be updated. \nWhat is the ADP Employment Report?\nThe ADP National Employment Report measures the month-on-month change in private sector jobs in the United States\, using anonymised payroll data from roughly 25 million workers processed through ADP’s own systems. Unlike the government’s non-farm payrolls report\, it does not survey businesses directly. Instead\, it draws on real payroll transactions\, which supporters say makes it a faster\, more direct read on hiring\, though the two series can diverge sharply in any given month. \nThe headline figure is the net number of private jobs added or lost during the reference month. ADP also breaks the data down by company size\, industry sector and\, in some months\, pay growth for job stayers and job switchers. Markets watch the report closely because it lands two days before the official non-farm payrolls figure and offers an early\, if imperfect\, signal of labour market momentum. \nThe Federal Reserve tracks employment data as one half of its dual mandate\, alongside price stability\, so a report that hints at cooling or reheating hiring can shift expectations for interest rate decisions. A weaker-than-expected ADP print can raise hopes of rate cuts\, while a stronger one can push back against them. \nWhen is the November 2026 ADP report released?\nADP is expected to publish the November 2026 report on December 2\, 2026 at 8:15am ET (1:15pm London)\, on the ADP Research website and through data terminals such as Bloomberg and Refinitiv. As noted above\, this date has not been formally confirmed by ADP and is based on the usual first-Wednesday-of-the-month pattern; readers should treat it as indicative until ADP’s own calendar confirms it. \nWhat is the consensus forecast?\nA consensus forecast has not yet been published for the November 2026 ADP report. Economist surveys from outlets such as Reuters and Bloomberg are typically compiled only in the days immediately before release\, so figures will not be available this far ahead. The most recently published prior reading was also not available through the sources checked for this preview. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nPrivate payrolls\, net change\nNot yet available\nNot yet published\n\n\nPay growth\, job stayers\nNot yet available\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nCould be read as a sign of resilient hiring\, potentially reducing expectations of near-term Fed rate cuts\nMore jobs were added than expected\, suggesting businesses are still confident enough to hire\n\n\nIn line with consensus\nLikely to have limited market impact on its own\nThe labour market is behaving broadly as economists expected\, with no major surprise\n\n\nBelow consensus\nCould be read as a sign of a cooling labour market\, potentially supporting expectations of rate cuts\nFewer jobs were added than expected\, which could point to businesses becoming more cautious about hiring\n\n\n\nThese are possible interpretations only\, not predictions. Analysts caution that ADP’s monthly figures have at times diverged meaningfully from the official non-farm payrolls report released two days later by the Bureau of Labor Statistics\, so any single print should be read with care. \nWhy does this release matter right now?\nInvestors and policymakers use ADP’s report as an early gauge of whether the US labour market is cooling\, holding steady\, or reheating ahead of the official government jobs data. The Federal Reserve weighs employment trends alongside inflation when setting interest rates\, so a run of weak or strong ADP prints can shift market pricing for future rate decisions well before the official data confirms the picture. Because the report lands so close to other major US releases in early December\, it often sets the tone for how traders interpret the rest of that week’s data. \nWhat It Means for Your Money\n\nMortgages and loans: Signs of a cooling US labour market can lower expectations for future interest rates\, which may feed through into cheaper mortgage and loan pricing over time\, including for buyers outside the US who track dollar borrowing costs.\nSavings rates: If the data supports expectations of Fed rate cuts\, savers holding cash in interest-bearing accounts could eventually see lower returns as rates fall.\nJobs and wages: A weak reading can be an early warning sign for hiring more broadly\, including in sectors linked to US demand such as exporters in Europe and Asia.\nPrices: A tight labour market with strong pay growth can keep inflation pressures elevated\, which matters for the cost of everyday goods well beyond the United States.\nInvestments\, pensions and currencies: Equity markets and the dollar often move on labour market surprises. A weaker print can weigh on the dollar against the pound and euro\, while a stronger print can support it\, affecting the value of international pensions and investment holdings.\n\nRelated events\n\nPrevious release: US ADP Employment Report\, November 2026\nThe official US non-farm payrolls report\, typically released two days after ADP’s figures\nUS weekly initial jobless claims\, a more frequent gauge of labour market conditions\n\nFrequently Asked Questions\nWhat time is the ADP employment report released?\nThe report is scheduled for 8:15am ET\, which is 1:15pm in London\, though the exact December 2026 date has not yet been formally confirmed by ADP. \nHow should I read the ADP number?\nFocus on the direction and size of the net change in private jobs\, and compare it with the prior month’s figure and any published consensus forecast\, rather than treating it as a precise measure on its own. \nDoes the ADP report affect interest rate decisions?\nIt is one of several employment indicators the Federal Reserve considers\, and a surprising reading can shift market expectations for rate decisions\, though it rarely changes policy by itself. \nWhere can I find the official ADP release?\nThe report is published on the ADP Research website and distributed to major financial data providers at the scheduled release time. \nWhen is the next ADP employment report?\nADP typically publishes its next report on the first Wednesday of the following month\, covering data for December 2026. \n← Previous US ADP Employment Report
URL:https://www.financecalendar.com/event/us-adp-employment-report-december-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261203T083000
DTEND;TZID=America/New_York:20261203T093000
DTSTAMP:20260902T095145Z
CREATED:20260902T095145Z
LAST-MODIFIED:20260902T095145Z
UID:2459-1796286600-1796290200@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: December 3\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, December 3\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\nSee November 19\, 2026 report\nActual\nPending\n\nFull schedule and background: US Initial Jobless Claims. \nUpdated September 2\, 2026 \n\n← Previous US Initial Jobless Claims\nThe US Initial Jobless Claims report for the week ending November 28\, 2026 is due on Thursday\, December 3\, 2026 at 8:30 am ET (1:30 pm London). It is published by the US Department of Labor and is one of the most timely gauges of the American labour market\, counting how many people filed for unemployment benefits for the first time in the previous week. Full schedule and background: US Initial Jobless Claims. \nWhat is the consensus forecast?\nAt the time of writing\, a consensus forecast for this specific week has not yet been published. Economists surveyed by Reuters and Bloomberg typically publish their weekly claims estimates only a day or two before release\, once more recent labour-market data is available. The prior week’s reading\, covering the week ending November 19\, 2026\, is available in the November 19\, 2026 report\, and readers should check that page for the latest confirmed figure and its associated four-week moving average. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nInitial claims\nSee November 19\, 2026 report\nNot yet published\n\n\nContinuing claims\nSee November 19\, 2026 report\nNot yet published\n\n\n4-week moving average\nSee November 19\, 2026 report\nNot applicable\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nAbove consensus\nBond yields may fall\, dollar could soften\, on rising odds of Federal Reserve rate cuts\nMore people are losing jobs or struggling to find new ones than expected\, a sign the labour market is weakening\n\n\nIn line with consensus\nMuted market reaction\, since traders had already priced in this outcome\nThe labour market is behaving broadly as economists expected\, with no fresh surprises\n\n\nBelow consensus\nYields could rise and the dollar may firm\, as a tight jobs market reduces the case for near-term rate cuts\nFewer people are filing for benefits than expected\, suggesting employers are still holding onto staff\n\n\n\nBasis points (bp) is a unit equal to one hundredth of a percentage point\, commonly used to describe interest rate moves. Consensus refers to the average forecast among economists polled by news organisations such as Reuters or Bloomberg ahead of a data release. \nWhy it matters this week\nWeekly claims data feed directly into how investors judge the health of the US labour market\, which in turn shapes expectations for Federal Reserve policy. A sustained rise in claims tends to support the case for interest rate cuts\, while a run of low readings can push back against that view. According to the Federal Reserve Bank of St. Louis\, claims data is tracked closely alongside continuing claims and the four-week moving average\, which smooths out weekly noise caused by holidays\, seasonal hiring and one-off layoff announcements. \nBecause the report lands in early December\, close to the holiday shopping season\, seasonal adjustment factors can be less reliable than usual\, and analysts often caution against reading too much into a single week’s number. The trend over several weeks tends to matter more than any individual release. \nWhat It Means for Your Money\nFor savers\, a weaker-than-expected claims report can nudge markets toward pricing in earlier or larger Federal Reserve interest rate cuts\, which over time tends to reduce the returns on savings accounts and money market funds. For borrowers\, the same data can flow through to mortgage rates\, since long-term borrowing costs often track expectations for where the Fed is heading. \nFor anyone holding shares or pension funds invested in equities\, a labour market that is cooling too quickly can unsettle stock markets even as it raises hopes of rate cuts\, because it raises the risk of a broader economic slowdown. A resilient claims report\, by contrast\, tends to support confidence in continued spending and corporate earnings\, though it can also delay hoped-for rate cuts. \nThe report can also move the value of the dollar against the pound and the euro. A weak US jobs picture can weigh on the dollar\, making US holidays\, imports and dollar-denominated investments slightly cheaper for UK and European households\, while a strong labour market can have the opposite effect. \nFrequently Asked Questions\nWhat time is the December 3\, 2026 jobless claims report released?\nThe report is released at 8:30 am ET\, which is 1:30 pm in London\, on Thursday\, December 3\, 2026. \nWhat counts as a big miss on jobless claims?\nThere is no fixed threshold\, but a move of more than around 20\,000 to 30\,000 claims away from the consensus forecast\, once published\, is generally viewed by traders as a significant surprise. \nWhen is the next jobless claims report?\nInitial jobless claims are released every Thursday by the US Department of Labor\, so the next report covering the following week is due on Thursday\, December 10\, 2026. \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-december-3-2026/
CATEGORIES:Economic Indicators
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DTSTART;TZID=America/New_York:20261203T100000
DTEND;TZID=America/New_York:20261203T110000
DTSTAMP:20260902T095319Z
CREATED:20260902T095319Z
LAST-MODIFIED:20260902T095319Z
UID:2461-1796292000-1796295600@www.financecalendar.com
SUMMARY:US ISM Services PMI December 2026
DESCRIPTION:Next US ISM Services PMI: Thursday\, December 3\, 2026 at 10:00 am ET (3:00 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nA consensus forecast has not yet been published\nActual\nPending\n\nFull schedule and background: US ISM Services PMI. \nUpdated September 2\, 2026 \n\n← Previous US ISM Services PMI\nThe US ISM Services PMI for November 2026 is scheduled for release on Thursday\, December 3\, 2026 at 10:00 am ET (3:00 pm London)\, published by the Institute for Supply Management (ISM). The report covers business activity in the services sector\, which accounts for the majority of US economic output\, during November 2026. Full schedule and background: US ISM Services PMI. \nWhat is the ISM Services PMI?\nThe ISM Services PMI (Purchasing Managers’ Index) is a monthly survey of purchasing and supply executives across the US services sector\, covering industries such as finance\, healthcare\, retail\, transport and hospitality. It is compiled from responses on business activity\, new orders\, employment\, supplier deliveries and prices\, and combined into a single headline number. \nA reading above 50 signals that the services sector\, taken as a whole\, is expanding compared with the previous month. A reading below 50 signals contraction. Because services make up around three quarters of US private-sector activity\, the index is one of the most closely watched gauges of the health of the broader economy\, alongside its manufacturing counterpart. \nInvestors\, economists and central bankers watch the report because it arrives early in the month and gives one of the first readings on how the economy performed\, well before slower official data such as GDP. Markets in Europe and Asia also react to the release because a strong or weak US services sector affects global demand\, US interest rate expectations and\, in turn\, currency and bond markets worldwide. \nWhen is the November ISM Services PMI released?\nThe report is expected on Thursday\, December 3\, 2026 at 10:00 am ET (3:00 pm London)\, published directly by the Institute for Supply Management on its website. ISM has not yet confirmed this specific date at the time of writing. ISM typically publishes the Services PMI on the first\, second or third business day of the month following the survey period\, so the December 3 date reflects that usual pattern rather than a confirmed release calendar entry. \nWhat is the consensus forecast?\nA consensus forecast for the November 2026 ISM Services PMI has not yet been published. Economist surveys from data providers such as Reuters and Bloomberg are typically compiled only in the days immediately before release\, and the prior reading for November 2026 (the October 2026 report\, published in early November) had also not yet been released at the time this preview was written. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nHeadline Services PMI\nNot yet available\nNot yet published\n\n\nNew Orders Index\nNot yet available\nNot yet published\n\n\nEmployment Index\nNot yet available\nNot yet published\n\n\n\nOnce economists’ estimates are published\, typically in the week before release\, this page will be updated with the prior reading and the consensus figure\, both sourced from the official ISM release and reputable polling data. \nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nSeen as a sign of resilient services activity\, which economists surveyed by Bloomberg often link to reduced expectations of near-term interest rate cuts\nThe services side of the economy\, where most people work\, is holding up better than expected\, which can support wages but keep borrowing costs higher for longer\n\n\nIn line with consensus\nTypically produces limited market reaction\, as analysts note the data confirms the existing view of the economy\nThe economy is behaving broadly as expected\, so there is little new information for households or investors to react to\n\n\nBelow consensus\nOften interpreted by economists as a sign of a slowing services sector\, which can raise expectations that the Federal Reserve may ease policy sooner\nWeaker demand for services could point to a softer jobs market and slower growth\, which sometimes brings mortgage and loan rates down over time\n\n\n\nThese are possible market reactions based on how similar releases have historically been read by analysts\, not predictions of the actual outcome. \nWhy does this release matter right now?\nThe Federal Reserve monitors services sector data closely because it captures where most American jobs and consumer spending activity sit\, distinct from the smaller and more volatile manufacturing sector. Recent ISM Services readings have been watched for signs of whether elevated borrowing costs and sticky inflation are cooling demand for services such as travel\, healthcare and financial services\, or whether the sector continues to expand despite tighter monetary policy. \nAny material change in the trend of this index\, either an unexpected acceleration or a sharper slowdown\, tends to move expectations for the Federal Reserve’s next interest rate decision\, which in turn affects Treasury yields\, the dollar and\, by extension\, other currencies including the pound and the euro. \nWhat It Means for Your Money\n\nMortgages and loans: A stronger than expected services reading can push up expectations that interest rates will stay higher for longer\, which tends to keep mortgage and loan rates elevated. A weaker reading can have the opposite effect over time.\nSavings: If the data supports higher rates for longer\, savers holding cash in interest-bearing accounts may continue to earn relatively attractive returns\, though this can change quickly if the outlook shifts.\nJobs and wages: Because services employ the bulk of the US workforce\, sustained weakness in this index can be an early warning of a softer jobs market\, which matters for wage growth and job security.\nInvestments and pensions: Equity markets\, including those held in pensions and index funds\, often react to surprises in this data because it feeds into expectations for corporate earnings and interest rates.\nCurrencies: A surprise in either direction can move the dollar against the pound and the euro\, affecting the cost of imports\, the price of holidays abroad and returns on overseas investments for UK and European investors.\n\nRelated events\n\nPrevious release: US ISM Services PMI\, November 2026\nISM Manufacturing PMI\, typically released a few business days earlier in the same week\nUS nonfarm payrolls report\, usually released the Friday of the same week\, which offers a complementary read on the labour market\n\nFrequently Asked Questions\nWhat time is the ISM Services PMI released?\nThe report is released at 10:00 am ET\, which is 3:00 pm in London\, on the scheduled release day. \nHow do I read the ISM Services PMI number?\nA figure above 50 indicates the services sector is expanding compared with the previous month\, while a figure below 50 indicates contraction. \nHow does this report affect interest rates?\nCentral banks\, including the Federal Reserve\, use this data as one input among many when assessing economic momentum\, so a surprise reading can shift market expectations for future interest rate decisions\, though it rarely changes policy on its own. \nWhere can I find the official release?\nThe official report is published directly by the Institute for Supply Management on its website\, ismworld.org. \nWhen is the next ISM Services PMI released?\nThe following report\, covering December 2026 data\, is typically published on the first few business days of January 2027\, in line with ISM’s usual monthly schedule. \n← Previous US ISM Services PMI
URL:https://www.financecalendar.com/event/us-ism-services-pmi-december-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261204T083000
DTEND;TZID=America/New_York:20261204T093000
DTSTAMP:20260825T104558Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104558Z
UID:1295-1796373000-1796376600@www.financecalendar.com
SUMMARY:US Employment Situation (Non-Farm Payrolls) December 2026
DESCRIPTION:Next US Employment Situation (Non-Farm Payrolls): Friday\, December 4\, 2026 at 8:30 am ET (1:30 pm London). Covers November 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nFull schedule and background: US Employment Situation (Non-Farm Payrolls). \nUpdated August 25\, 2026 \n\n← Previous US Employment Situation (Non-Farm Payrolls)\nThe US Bureau of Labor Statistics (BLS) will release the Employment Situation report for November 2026 on Friday\, December 4\, 2026\, at 8:30 a.m. Eastern Time. The report will be the final major labour market data point before the Federal Open Market Committee (FOMC) meets on December 9\, 2026\, for the last rate decision of the year. \n\n  At a Glance \n\nRelease date: Friday\, December 4\, 2026\, at 8:30 a.m. ET\nPublishing body: US Bureau of Labor Statistics (BLS)\nReference month: November 2026\nMost recent reading: +172\,000 jobs\, unemployment 4.3% (May 2026)\nMarket impact: High\n\n\nWhat is the Employment Situation Report?\nThe Employment Situation is the most closely watched monthly economic release in the United States\, published by the BLS on the first Friday of each month. It covers two separate surveys: the establishment survey (non-farm payroll employment and average hourly earnings) and the household survey (unemployment rate and labour force participation). Together\, they form the most comprehensive monthly snapshot of the US labour market. \nThe headline non-farm payrolls (NFP) figure measures the net change in employment across all non-agricultural industries. Beyond the headline\, analysts examine the unemployment rate\, wage growth\, labour force participation\, and revisions to prior months. \nThe December 2026 release covers November 2026 employment data\, arriving just five days before the FOMC’s year-end meeting. \nUS Employment Situation Release: December 4\, 2026\nThe December 4 release will provide the final major labour market snapshot of 2026\, covering November employment. This report takes on exceptional significance because it falls just five days before the FOMC’s December 9 meeting\, leaving almost no time for the data to be fully absorbed before the rate decision. The most recent reading showed +172\,000 jobs in May 2026\, above the forecast of 85\,000\, with unemployment at 4.3%. \nBy December\, the US labour market will have had a full year of 2026 data accumulated. Whether the recovery from 2025’s extreme weakness (averaging just 15\,000 jobs per month) has been sustained through the year\, or whether the cumulative impact of elevated interest rates has begun to crimp hiring\, will be fully visible by November’s data. Consensus forecasts will be available closer to the release. \nWhy This Employment Report Matters\nThe December 4 release is perhaps the highest-impact NFP of the entire year precisely because of its timing. With the FOMC convening five days later\, a significant surprise in either direction will trigger an immediate repricing of December rate expectations. The BLS will not release another major labour market report before the December 9 FOMC decision. \nThe November payrolls figure will form part of a final pre-meeting data package alongside the December 10 CPI (though this comes the day after the FOMC) and the November PCE data due November 25. If the November NFP shows the labour market has significantly cooled\, the case for a December rate cut becomes much stronger. Conversely\, a robust payrolls print could push the Fed to hold\, deferring any easing to 2027. \nFor year-end financial markets\, the December 4 NFP is also significant in the context of portfolio rebalancing. Institutional investors making final positioning decisions for 2026 will watch the report closely\, and any significant surprise could trigger larger-than-usual moves as investors adjust their 2027 outlooks. \nWhat to Watch For\n\nAbove consensus: A strong reading above expectations would significantly reduce the probability of a December rate cut and could push the first 2027 cut to March or later. Treasury yields would rise\, the US dollar would strengthen\, and equities could face selling pressure as rate-cut expectations are pushed back into the new year.\nIn line with consensus: A reading matching expectations would keep the December FOMC decision dependent on the full data picture\, including November PCE data released on November 25. The FOMC statement and press conference language would carry more weight than the NFP data in this scenario.\nBelow consensus: A weak reading\, particularly if accompanied by a rising unemployment rate\, would strongly increase the probability of a December cut and potentially put a 50 basis point reduction on the table. Bonds and equities would rally in anticipation of easing; the US dollar would weaken. This outcome would represent a significant turn in the labour market narrative.\n\nGiven the report’s proximity to the FOMC meeting\, even a modest surprise in either direction could generate outsized market moves. Liquidity also begins to thin in early December as the holiday trading period approaches\, which may amplify reactions. \nHistorical Context\n\n\n\nMonth\nJobs Added\nUnemployment Rate\n\n\n\n\nMay 2026\n+172\,000\n4.3%\n\n\nApril 2026 (revised)\n+179\,000\n4.3%\n\n\nMarch 2026 (revised)\n+185\,000\n4.3%\n\n\nJanuary 2026\n+130\,000\n4.4%\n\n\nMay 2025\n+139\,000\n—\n\n\nJanuary 2025\n+143\,000\n—\n\n\n\nSource: US Bureau of Labor Statistics. Revised figures as of the June 2026 release. 2025 data reflects a period of significantly subdued job growth averaging approximately 15\,000 per month. \nMarket Positioning\nThe December 4 NFP arrives as investors are setting year-end positions and looking ahead to 2027 strategy. The combination of the December 4 employment report\, the December 9 FOMC meeting\, and the December 10 CPI will constitute one of the most data-dense weeks of the year. Markets will be sensitive to all three releases in rapid succession\, with the cumulative effect shaping the risk environment into the new year. \nYear-end positioning considerations amplify volatility around this release. Portfolio managers closing the year may use a strong or weak NFP to catalyse final adjustments\, meaning the market reaction could be disproportionate to the actual data versus expectations gap. \nRelated Events\n\nFOMC Rate Decision December 2026 – The Federal Reserve’s final rate decision of 2026 on December 9\, just five days after this release\, making this one of the most consequential NFP reports of the year.\nUS CPI Report December 2026 – The November 2026 inflation reading on December 10\, completing the macro data picture alongside this employment report.\nRBA Rate Decision December 2026 – The Reserve Bank of Australia’s December meeting on December 8\, the day before the FOMC\, providing a global central bank context for year-end monetary policy.\n\nFrequently Asked Questions\nWhat does the December NFP cover?\nThe December 2026 Employment Situation report covers labour market activity during November 2026\, including the number of jobs added or lost\, the unemployment rate\, average hourly earnings\, and labour force participation. The report covers both the establishment survey (payrolls) and the household survey (unemployment). \nWhen is the December 2026 NFP released?\nThe December 2026 Employment Situation report will be released on Friday\, December 4\, 2026\, at 8:30 a.m. Eastern Time. The report covers labour market activity during November 2026. \nWhy is the December NFP particularly market-sensitive?\nThe December 4 release comes just five days before the FOMC rate decision on December 9\, making it the final major labour market reading before the Fed’s last 2026 policy decision. Combined with year-end positioning by institutional investors and thinning holiday liquidity\, any significant payrolls surprise is likely to generate an amplified market reaction across bonds\, equities\, and the US dollar. \nFeatured image: Photo by Zoshua Colah on Unsplash.
URL:https://www.financecalendar.com/event/us-employment-situation-non-farm-payrolls-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261204T083000
DTEND;TZID=America/New_York:20261204T093000
DTSTAMP:20260826T021222Z
CREATED:20260826T021222Z
LAST-MODIFIED:20260826T021222Z
UID:2233-1796373000-1796376600@www.financecalendar.com
SUMMARY:Canada Labour Force Survey December 2026
DESCRIPTION:Next Canada Labour Force Survey: Friday\, December 4\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\n6.7% unemployment (February 2026\, latest verified reading)\nActual\nPending\n\nFull schedule and background: Canada Labour Force Survey. \nUpdated August 25\, 2026 \n\n← Previous Canada Labour Force Survey\nStatistics Canada publishes the Labour Force Survey for December 2026 on Friday\, December 4\, 2026\, at 8:30 am ET (1:30 pm London). The release covers the reference week for November 2026 and reports the national unemployment rate\, employment change\, wages and hours worked. Full schedule and background: Canada Labour Force Survey. \nWhat is the Labour Force Survey?\nThe Labour Force Survey (LFS) is Statistics Canada’s monthly household survey of roughly 56\,000 households. It is the official source of Canada’s unemployment rate\, employment level and participation rate\, and it is the Canadian equivalent of the US non-farm payrolls report. Interviewers ask a rotating sample of Canadians about their work status during a specific reference week\, then Statistics Canada seasonally adjusts the results and publishes them as “The Daily”. \nThe headline figures are the unemployment rate (the share of the labour force that is out of work and actively looking)\, the net change in employment (jobs added or lost since the previous month) and the participation rate (the share of the working-age population either working or looking for work). Analysts also watch full-time versus part-time job creation and average hourly wage growth\, because these details show whether new jobs are secure and well paid. \nThe Bank of Canada uses the LFS\, alongside inflation data\, to judge how much slack remains in the economy when it sets its overnight interest rate. A weakening labour market with rising unemployment tends to support the case for cutting rates\, while resilient job growth can keep the central bank cautious about easing further. \nWhen is the December Labour Force Survey released?\nStatistics Canada releases the report at 8:30 am ET (1:30 pm London time) on Friday\, December 4\, 2026\, through its “The Daily” bulletin on the StatCan website. The LFS is normally published on the first Friday of each month and covers data collected in the reference week of the previous month\, so the December release reports on labour market conditions in November 2026. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast for the December 2026 release (covering November 2026) has not yet been published. Economists’ median estimates for unemployment rate and job change are typically compiled by Reuters and Bloomberg in the days immediately before the release\, once StatCan payroll and vacancy data for the reference month are available. Check back closer to December 4\, 2026 for the latest survey of forecasters. \nThe most recent confirmed reading available is the February 2026 report\, which showed the unemployment rate at 6.7%\, up from 6.5% in January 2026\, according to Trading Economics. The table below tracks the unemployment rate over the six most recent verified prints. \n\n\n\nMeasure\nPrior print\nConsensus\n\n\n\n\nUnemployment rate\n6.7% (February 2026)\nNot yet published\n\n\nNet employment change\n-84\,000 (February 2026)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus (stronger jobs\, lower unemployment)\nMarkets could trim expectations for a Bank of Canada rate cut\, and the Canadian dollar could firm against the US dollar and the euro\nMore people are working and earning\, which tends to support consumer spending\, though it can also mean borrowing costs stay higher for longer\n\n\nIn line with consensus\nA muted reaction is likely\, with the Bank of Canada’s rate path left broadly unchanged\nThe labour market is behaving roughly as expected\, so mortgage and savings rates are unlikely to move much on this data alone\n\n\nBelow consensus (weaker jobs\, higher unemployment)\nMarkets could increase bets on a Bank of Canada rate cut\, and the Canadian dollar could soften\nFewer jobs or rising unemployment can point to a slowing economy\, which sometimes leads to lower borrowing costs down the line but also signals more households facing job insecurity\n\n\n\nThese are possible market reactions cited for illustration\, not predictions. Actual moves depend on the scale of any surprise and on other data released around the same time\, including US employment figures and Canadian inflation readings. \nWhy does this release matter right now?\nCanada’s unemployment rate spent much of 2025 climbing from just over 6% to a four-year high of 7.1% in September 2025\, before easing to 6.9% in October and 6.5% in November as employment rose for two consecutive months\, according to Statistics Canada’s Labour Force Survey release for November 2025. The rate then ticked back up to 6.8% in December 2025 as more people searched for work\, per Statistics Canada’s December 2025 Daily bulletin\, before falling to a 16-month low of 6.5% in January 2026 and rising again to 6.7% in February 2026 as employment fell by roughly 84\,000\, according to Trading Economics. \nStatistics Canada has noted that 2025’s labour market faced headwinds “in part due to the economic uncertainty introduced by the threat or imposition of tariffs on exports to the United States”. The Bank of Canada is watching whether that trade-related drag continues to show up in construction\, manufacturing and export-linked sectors\, or whether hiring in health care\, retail and services keeps offsetting it. Each LFS print through 2026 will help the central bank judge whether the labour market is cooling gradually or losing momentum more sharply\, which feeds directly into its interest rate decisions. \nWhat It Means for Your Money\n\nMortgages and rates: A weaker jobs report tends to raise the odds of a Bank of Canada rate cut\, which can eventually lower variable mortgage rates and lines of credit for Canadian borrowers. A stronger report can do the opposite\, keeping borrowing costs higher for longer.\nSavings: Interest paid on savings accounts and guaranteed investment certificates tends to move in the same direction as the Bank of Canada’s policy rate\, so a softer labour market that points to future rate cuts can mean lower returns on cash savings over time.\nJobs and wages: The headline employment change and wage growth figures give the clearest read on whether it is getting easier or harder to find work\, and whether pay rises are keeping pace with the cost of living.\nInvestments and pensions: Canadian equities and bonds can react to surprises in either direction\, since a cooling labour market often supports bond prices (lower yields) while a resilient one can support bank and consumer-facing stocks.\nCurrencies: A weaker-than-expected report can pressure the Canadian dollar lower against the US dollar\, the pound and the euro\, which affects the cost of imports\, cross-border travel and returns for UK and European investors holding Canadian assets.\n\nRelated events\n\nPrevious release: Canada Labour Force Survey\, November 2026\nFull series background and schedule: Canada Labour Force Survey hub page\nUS non-farm payrolls\, typically released the same week\, offers a comparable read on the North American labour market\n\nFrequently Asked Questions\nWhat time is the Canada Labour Force Survey released?\nStatistics Canada releases the report at 8:30 am ET\, which is 1:30 pm in London\, on Friday\, December 4\, 2026. \nHow do I read the unemployment rate figure?\nThe unemployment rate is the share of the labour force without a job who are actively looking for one. A rising rate generally signals a cooling job market\, while a falling rate signals a tightening one. \nHow does this report affect Bank of Canada interest rate decisions?\nThe Bank of Canada weighs labour market slack alongside inflation when setting its overnight rate. Persistent job losses or a rising unemployment rate can support the case for interest rate cuts\, while strong\, sustained hiring can argue for holding rates steady. \nWhere can I find the official release?\nThe report is published on Statistics Canada’s website under “The Daily” and in table 14-10-0287-01 of its data tables. \nWhen is the next Labour Force Survey released?\nStatistics Canada typically releases the LFS on the first Friday of each month\, so the following report covering December 2026 data is expected in early January 2027. \n← Previous Canada Labour Force Survey
URL:https://www.financecalendar.com/event/canada-labour-force-survey-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261207T185000
DTEND;TZID=America/New_York:20261207T195000
DTSTAMP:20260902T095518Z
CREATED:20260902T095518Z
LAST-MODIFIED:20260902T095518Z
UID:2463-1796669400-1796673000@www.financecalendar.com
SUMMARY:Japan GDP December 2026
DESCRIPTION:Next Japan GDP: Tuesday\, December 8\, 2026 at 8:50 am JST (6:50 pm ET\, 11:50 pm London). Covers Q3 2026 data. \n\nConsensus\nNot yet published\nPrior\nQ2 2026: +1.1% annualized (second preliminary\, revised down from Q1's +1.8%)\nActual\nPending\n\nFull schedule and background: Japan GDP. \nUpdated September 2\, 2026 \n\n← Previous Japan GDP\nJapan’s second preliminary (revised) gross domestic product report for the July to September 2026 quarter is due on Tuesday\, December 8\, 2026\, at 8:50 am Japan Standard Time\, which is 6:50 pm ET on Monday\, December 7 and 11:50 pm in London the same evening. The figures are published by Japan’s Cabinet Office through its Economic and Social Research Institute (ESRI). Full schedule and background: Japan GDP. \nWhat is Japan’s GDP report?\nGross domestic product measures the total value of goods and services produced in an economy over a set period. Japan’s Cabinet Office publishes GDP for each quarter twice: a “first preliminary” estimate roughly six weeks after the quarter ends\, followed by this “second preliminary” release around six weeks later\, once more complete data on capital spending and inventories become available. \nThe headline figures are usually quoted three ways: the quarter-on-quarter change\, an annualized rate (what the quarterly change would look like if repeated for four quarters)\, and the year-on-year change. Analysts also watch the underlying components\, private consumption\, business investment\, government spending and net trade (exports minus imports)\, because these show where growth or weakness is coming from. \nMarkets watch Japanese GDP closely because it feeds directly into the Bank of Japan’s policy decisions on interest rates and its assessment of whether wage and price growth is durable enough to justify further tightening. \nWhen is the December GDP report released?\nThe Cabinet Office is scheduled to release the second preliminary estimate for the July to September 2026 quarter on December 8\, 2026 at 8:50 am local time\, published on the ESRI Quarterly Estimates of GDP page. This revised release covers the same July to September quarter as the first preliminary estimate published in mid-November 2026\, but incorporates updated corporate and public investment data that were not available for the earlier reading. \nWhat is the consensus forecast?\nA consensus forecast for the December 8\, 2026 release has not yet been published\, as economist surveys for Japanese GDP revisions are typically compiled only in the days immediately before the release. Once the first preliminary estimate for Q3 2026 is published in mid-November 2026\, that figure becomes the effective “prior” for this revision\, and analysts build their forecasts around expected changes to capital expenditure and inventory data. \nFor context\, Japan’s most recently confirmed reading at the time of writing is the second preliminary estimate for Q2 2026 (April to June)\, which showed annualized growth of 1.1%\, easing from an upwardly revised 1.8% (originally 2.1%) in Q1 2026\, according to Trading Economics. \n\n\n\nMeasure\nPrior (Q1 2026\, revised)\nQ2 2026 (revised)\n\n\n\n\nGDP\, annualized q/q\n+1.8%\n+1.1%\n\n\nGDP\, quarter-on-quarter\n+0.5%\n+0.3%\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nRevised upward from the first preliminary\nYen could firm modestly and Japanese government bond yields may edge higher\, as stronger growth supports the case for further Bank of Japan rate normalisation\nThe economy grew more than first thought\, usually because business investment or exports were revised up\n\n\nIn line with the first preliminary estimate\nLimited market reaction\, since the figure confirms the picture already priced in after the mid-November release\nThe initial reading holds up once fuller data are added\n\n\nRevised downward\, or a contraction confirmed\nYen could soften and expectations for near-term Bank of Japan tightening may be pushed back\, according to commentary from economists tracked by TradingView on prior GDP revisions\nThe economy grew less than first estimated\, often reflecting weaker capital spending or public investment than initially recorded\n\n\n\nThese are possibilities drawn from how markets have reacted to past Japanese GDP revisions\, not predictions of what will happen on December 8\, 2026. \nWhy does this release matter right now?\nThe Bank of Japan has been gradually moving away from decades of near-zero interest rates\, and GDP data feed directly into its judgement on how much slack remains in the economy. Growth slowed from an annualized 1.8% in the first quarter of 2026 to 1.1% in the second\, with Trading Economics noting that private consumption made no contribution to growth in Q2 amid rising living costs\, while capital spending weakened further. \nExports have also been under pressure from US tariff policy through 2026\, a theme that analysts expect to continue weighing on the July to September quarter. Any downward revision to business investment or public spending in this release would reinforce concerns that momentum is fading heading into 2027\, which matters for how quickly\, or slowly\, the Bank of Japan can continue raising rates. \nWhat It Means for Your Money\n\nMortgages and borrowing in Japan: weaker GDP revisions could slow the pace of Bank of Japan rate rises\, keeping Japanese mortgage and loan rates lower for longer; stronger data could do the opposite.\nSavings: higher Japanese interest rates\, if growth data support them\, would gradually improve returns on yen deposits after years of near-zero rates.\nJobs and wages: sustained GDP growth supports the wage negotiations that feed into Japan’s annual “shunto” spring wage round\, which the Bank of Japan watches closely.\nCurrencies: a stronger than expected reading tends to support the yen against the dollar and euro\, which affects the cost of Japanese imports and the returns UK and European investors get on yen-denominated assets.\nInvestments and pensions: Japanese equities and government bonds\, widely held in global pension funds\, can move on GDP surprises\, and yen strength or weakness affects the sterling or dollar value of unhedged Japanese holdings.\n\nRelated events\n\nPrevious release: Japan GDP\, November 2026\, the first preliminary estimate for the same July to September 2026 quarter.\nBank of Japan policy decisions\, which draw directly on GDP and wage data when setting interest rates.\nJapan’s monthly trade balance and industrial production releases\, which feed into the net trade and output components of GDP.\n\nFrequently Asked Questions\nWhat time is Japan’s December GDP report released?\nIt is released at 8:50 am Japan Standard Time on December 8\, 2026\, which is 6:50 pm ET on December 7 and 11:50 pm in London. \nWhy does Japan publish GDP twice for the same quarter?\nThe first preliminary estimate uses incomplete data to give a quick read\, while the second preliminary estimate\, due on December 8\, 2026\, incorporates fuller corporate and public investment figures that arrive later. \nHow does this GDP data affect Bank of Japan interest rate decisions?\nThe Bank of Japan uses GDP growth and its components\, particularly consumption and investment\, to judge how much room the economy has to absorb higher interest rates without weakening demand. \nWhere can I find the official Japanese GDP release?\nThe Cabinet Office publishes the data through its Economic and Social Research Institute at esri.cao.go.jp. \nWhen is the next Japan GDP release after this one?\nThe next release is the first preliminary estimate for the October to December 2026 quarter\, expected in mid-February 2027\, though the exact date is confirmed closer to the time on the ESRI schedule. \n← Previous Japan GDP
URL:https://www.financecalendar.com/event/japan-gdp-december-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261208T083000
DTEND;TZID=America/New_York:20261208T093000
DTSTAMP:20260825T104607Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104607Z
UID:1342-1796718600-1796722200@www.financecalendar.com
SUMMARY:US International Trade Balance December 2026
DESCRIPTION:Next US International Trade Balance: Tuesday\, December 8\, 2026 at 8:30 am ET (1:30 pm London). Covers November 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nUpdated August 25\, 2026 \n\n← Previous US International Trade Balance\nThe U.S. Bureau of Economic Analysis (BEA) and the U.S. Census Bureau will jointly release the US International Trade in Goods and Services report for October 2026 on Tuesday\, December 8\, 2026\, at 8:30 a.m. Eastern Time. The release covers US exports and imports of goods and services during October\, providing the final major monthly trade reading of the year before the December Federal Reserve (Fed) meeting. Consensus forecasts for October 2026 trade are not yet available at the time of writing. The release date was confirmed via the Census Bureau’s FT-900 press release schedule. \nWhat Is the US International Trade Balance Report?\nThe US International Trade in Goods and Services (FT-900) is a joint monthly release from the BEA and the Census Bureau. It measures the value of all US cross-border trade in goods (physical merchandise) and services (financial services\, travel\, intellectual property\, and other cross-border transactions). The headline figure is the net deficit or surplus: the United States has run a persistent goods deficit for decades\, partially offset by a structural services surplus in areas such as finance\, software\, and travel exports. \nThe trade balance feeds directly into the national accounts. Wider deficits subtract from GDP\, while narrower deficits add to growth. Monthly trade data is also incorporated into the Bureau of Economic Analysis’s advance GDP estimates\, meaning that this December 8 release covering October will provide important context for analysts modelling Q4 2026 GDP. The report is released approximately five to six weeks after the reference month ends and is subject to later revision. \nTrade Balance Report: December 8\, 2026\nThe December 8 release covers October 2026 trade flows and arrives the day before the Federal Reserve’s December 9-10 FOMC meeting begins. The FOMC will use October trade data alongside CPI\, PPI\, retail sales\, employment\, and housing figures in its final assessment of 2026 economic conditions before setting the policy rate for the period ahead. This makes the December 8 release timing particularly notable: it is one of the last major economic data points the Fed will receive before its year-end meeting. \nOctober 2026 will be an important reference month for trade\, as it represents the start of the holiday import surge that typically occurs as US retailers stock up on consumer goods for the November-December shopping season. Historical patterns show that October imports often rise sharply versus September\, widening the goods deficit before partially retracing in January. Markets will assess whether October 2026 follows this seasonal pattern or whether tariff-adjusted supply chains have altered the typical rhythm of import flows. \nThe most recently available data (April 2026\, published June 9) showed a deficit of $60.3 billion. The trend in early 2026 stabilised in the $55-60 billion range after the December 2025 spike to $70.3 billion attributable to pre-tariff import front-loading. By December 8\, additional monthly trade readings for May through September will have been published\, providing a fuller picture of the 2026 trend. \nWhy This Report Matters\nThe December 8 trade balance release is particularly significant for several reasons. First\, it provides the October trade data that feeds into Q4 2026 GDP calculations\, complementing consumer spending\, business investment\, and government expenditure data that will also be released during Q4. Second\, it arrives the day before the FOMC begins its December meeting\, making it a timely input to the Fed’s final 2026 policy deliberations. Third\, as the last monthly trade balance release of the year\, it provides analysts with an opportunity to assess the full-year 2026 trade deficit trajectory. \nFor currency markets\, a widening October deficit driven by the typical pre-holiday import surge could exert modest pressure on the US dollar\, while a narrowing deficit would be constructive. Energy trade flows — US crude oil\, LNG\, and refined products exports — remain a critical variable\, as shifts in energy trade can significantly alter the goods deficit independently of manufactured goods trends. The RBA Rate Decision December 8\, 2026 falls on the same day\, making it a busy session for global macro markets. \nWhat to Watch For\n\nAbove consensus (wider deficit) — A wider-than-expected October deficit would reflect strong import demand ahead of the holiday season\, signalling robust domestic spending but subtracting from GDP arithmetic. A particular widening in consumer goods imports would be a direct read on holiday retail sentiment.\nIn line with consensus — A result matching expectations would have limited standalone market impact. Markets would look to the services surplus\, the energy trade component\, and prior-month revisions for directional signals.\nBelow consensus (narrower deficit) — A narrower deficit would be constructive for GDP estimates and would provide a positive surprise for the dollar and bond yields. A narrowing driven by export growth would be particularly bullish for internationally exposed US sectors.\n\nHistorical Context\n\n\n\nRelease Date\nReference Month\nDeficit (Goods & Services)\nNote\n\n\n\n\nJune 9\, 2026\nApril 2026\n-$60.3B\nWider than estimate\n\n\nMay 5\, 2026\nMarch 2026\n-$60.3B\nIn line with estimate\n\n\nApril 2\, 2026\nFebruary 2026\n-$57.3B\nNarrower than estimate\n\n\nMarch 2026\nJanuary 2026\n-$54.5B\n—\n\n\nFebruary 2026\nDecember 2025\n-$70.3B\nPre-tariff surge; largest in 2025-26\n\n\nJanuary 2026\nNovember 2025\n-$53.0B\n—\n\n\n\nMarket Positioning\nThe December 8 trade balance release sits at the intersection of three major market themes: the end-of-year holiday import cycle\, the FOMC’s December rate decision\, and year-end portfolio positioning. The trade data will feed into GDP nowcast models for Q4 2026 and influence how analysts and strategists frame their year-end economic assessments. Combined with the October CPI and PPI data (released earlier in November)\, the December 8 trade print will give markets a comprehensive view of October economic conditions just one day before the Federal Reserve convenes for its final 2026 meeting. \nAs context\, the full-year 2025 trade deficit was approximately $900 billion on an annual basis. The trajectory of the 2026 monthly readings will determine whether the annual deficit has widened further or has begun to narrow as tariff-driven import patterns normalise and US export competitiveness adjusts to the new trade policy environment. The US CPI Report December 2026\, released December 10\, will complement this trade data with the latest inflation reading as markets head into year-end. \nRelated Events This Week\n\nFOMC Rate Decision December 2026 — The Fed’s December 9-10 meeting begins the day after this trade release\, making December 8 trade data one of the final inputs before the year-end monetary policy decision.\nRBA Rate Decision December 2026 — The Reserve Bank of Australia also announces on December 8\, making it a busy global central bank and economic data day.\nUS CPI Report December 2026 — Released December 10\, just two days after the trade balance\, completing the major inflation picture for the October reference month period.\n\nFrequently Asked Questions\nWhat does the US International Trade Balance report measure?\nThe report measures the difference in value between all US exports and imports of goods and services during the reference month. A negative figure is a trade deficit; a positive figure is a surplus. The US has run a persistent goods deficit for decades\, partially offset by a services surplus. The report is published jointly by the BEA and the Census Bureau under the designation FT-900. \nWhen is the December 2026 trade balance report released?\nThe October 2026 trade data will be published on Tuesday\, December 8\, 2026\, at 8:30 a.m. Eastern Time. This date was confirmed via the Census Bureau’s foreign trade press release schedule. \nWhy does trade balance data matter for the Federal Reserve?\nThe trade balance influences GDP directly via the net exports component. If the deficit widens more than expected\, it subtracts from GDP growth and can prompt downward revisions to economic output estimates. Trade data also provides information about domestic demand (via import volumes)\, export competitiveness\, and the relative strength of the US economy versus its trading partners. All of these factors inform the FOMC’s dual mandate assessment of growth and inflation when setting monetary policy.
URL:https://www.financecalendar.com/event/us-international-trade-balance-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261208T203000
DTEND;TZID=America/New_York:20261208T213000
DTSTAMP:20260902T103552Z
CREATED:20260902T103552Z
LAST-MODIFIED:20260902T103552Z
UID:2471-1796761800-1796765400@www.financecalendar.com
SUMMARY:China CPI December 2026
DESCRIPTION:Next China CPI: Wednesday\, December 9\, 2026 at 9:30 am CST (8:30 pm ET\, 1:30 am London). Covers November 2026 data. \n\nConsensus\n" " }</p>\nPrior\n0.5% YoY (July 2026)\nActual\nPending\n\nFull schedule and background: China CPI. \nUpdated September 2\, 2026 \n\n← Previous China CPI\nChina’s Consumer Price Index (CPI) for November 2026 is scheduled for release on Wednesday\, December 9\, 2026\, at 9:30 am China Standard Time\, which is 8:30 pm ET on Tuesday\, December 8 in the United States and 1:30 am on December 9 in London. The figures are published by the National Bureau of Statistics of China (NBS) and cover price changes recorded across November 2026. Full schedule and background: China CPI. \nWhat is the China CPI?\nThe Consumer Price Index measures the average change over time in the prices paid by urban and rural households for a fixed basket of goods and services\, including food\, housing\, transport\, healthcare and education. The NBS calculates the index by tracking prices in dozens of cities across China’s provinces and weighting each category according to its share of typical household spending. \nEconomists and traders watch China’s CPI because it is the clearest monthly signal of domestic demand in the world’s second-largest economy. A low or negative reading suggests households and businesses are spending cautiously\, which can point to deflationary pressure. A rising reading suggests demand is picking up\, which can influence decisions by the People’s Bank of China (PBOC) on interest rates and liquidity support. \nThe headline year-on-year figure gets the most attention\, but analysts also track the month-on-month change and core CPI\, which strips out volatile food and energy prices to show the underlying trend in the economy. \nWhen is the November 2026 CPI released?\nThe NBS is expected to publish the November 2026 CPI report on December 9\, 2026\, at 9:30 am local time in Beijing. The release is posted on the National Bureau of Statistics website alongside the accompanying Producer Price Index (PPI) figures\, which are released simultaneously. Because the NBS follows a fixed monthly release calendar for CPI and PPI\, this date has not shifted from prior months. \nWhat is the consensus forecast?\nA consensus forecast for the November 2026 reading has not yet been published by major polling services such as Reuters or Bloomberg. These polls are typically compiled only a few days before the release\, so figures are not yet available this far in advance. The most recent confirmed official reading\, covering July 2026\, showed headline inflation at 0.5% year-on-year\, down from 1.0% in June 2026\, according to Trading Economics data sourced from the NBS. That July print fell short of market forecasts of 0.8%\, marking the lowest reading since January 2026. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (November 2026)\n\n\n\n\nHeadline CPI (YoY)\n0.5%\nNot yet published\n\n\nCore CPI (YoY)\nData not independently confirmed\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nCould ease deflation worries and reduce pressure on the PBOC to add more stimulus\, according to analysts cited by ING in past commentary on China’s inflation trend\nPrices are rising faster than expected\, suggesting Chinese consumers and businesses are spending a bit more freely\n\n\nIn line\nLimited market reaction\, seen as confirmation that the current gentle inflation trend is intact\nThe economy is behaving broadly as expected\, with no fresh signal for policymakers\n\n\nBelow consensus\nCould revive concerns about deflationary pressure and add to expectations of further PBOC support\, a theme CNBC has highlighted in coverage of China’s inflation data\nPrices are rising more slowly than hoped\, which can signal weak demand at home\n\n\n\nThese are possible market reactions based on how similar readings have been discussed by analysts in the past\, not predictions of what will happen on December 9\, 2026. \nWhy does this release matter right now?\nChina has spent much of 2026 wrestling with weak domestic demand\, and headline CPI has repeatedly undershot official targets and market forecasts through the middle of the year. The July 2026 reading of 0.5% year-on-year\, down from 1.0% in June\, extended a pattern of soft and uneven inflation\, according to Trading Economics. At the same time\, producer prices\, which measure costs at the factory gate\, have remained in deflation for an extended stretch\, a trend tracked by Moody’s Analytics. \nThis combination matters because persistently weak consumer inflation limits the PBOC’s room to manoeuvre and keeps pressure on Beijing to support household spending through fiscal measures\, subsidies or targeted stimulus. The OECD has separately noted that headline inflation trends among major non-OECD G20 economies\, including China\, have moved unevenly through the second half of 2026\, according to the OECD’s Consumer Prices update. Investors watching the November print will be looking for signs of whether food prices\, a volatile but influential component of China’s CPI basket\, are stabilising heading into the winter months. \nWhat It Means for Your Money\nMortgages and borrowing costs: China’s CPI does not set UK\, US or European mortgage rates directly\, but weak Chinese inflation can weigh on global growth expectations\, which sometimes feeds through to bond yields and\, indirectly\, to borrowing costs worldwide. \nSavings: If Chinese demand remains soft\, cheaper Chinese exports of goods such as electronics\, clothing and machinery can help keep imported inflation low in the UK\, Europe and the United States\, which can support the case for central banks to hold or cut interest rates\, affecting the returns savers earn on deposit accounts. \nJobs and wages: Companies with significant exposure to Chinese consumer demand\, from luxury goods makers to mining and commodity firms\, can see revenue expectations shift after a CPI surprise\, which occasionally feeds into hiring and investment decisions at multinational employers. \nInvestments and pensions: Chinese consumer weakness has historically weighed on commodity prices and emerging market equities\, both of which sit inside many diversified pension funds\, so a surprise reading can move fund valuations even for investors who have never bought a Chinese stock directly. \nCurrencies: A weaker-than-expected reading can pressure the Chinese yuan and\, at times\, other Asian currencies\, while also influencing how traders price the US dollar\, the euro and the pound against a backdrop of shifting global growth expectations. \nRelated events\n\nPrevious release: China CPI\, November 2026 data\nChina’s Producer Price Index (PPI)\, released alongside CPI each month by the NBS\nUpcoming PBOC policy decisions\, which take China’s inflation trend into account\n\nFrequently Asked Questions\nWhat time is the China CPI released?\nThe NBS releases the report at 9:30 am China Standard Time\, which is 8:30 pm ET the previous evening and 1:30 am in London on the release day. \nHow do I read the China CPI figure?\nFocus on the year-on-year headline number for the overall inflation trend\, then check the month-on-month change and core CPI to see whether the trend is being driven by volatile items like food or by broader demand. \nHow does China’s CPI affect interest rates?\nWeak or negative inflation gives the People’s Bank of China more room to keep monetary policy supportive\, while stronger inflation can reduce the urgency for additional stimulus\, indirectly shaping global rate and currency expectations. \nWhere can I find the official release?\nThe data is published directly by the National Bureau of Statistics of China on its website\, alongside the PPI report for the same month. \nWhen is the next China CPI release?\nThe NBS publishes CPI monthly\, so the following report\, covering December 2026 data\, is expected in mid-January 2027 under the bureau’s standard release calendar. \n← Previous China CPI
URL:https://www.financecalendar.com/event/china-cpi-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261209T100000
DTEND;TZID=America/New_York:20261209T110000
DTSTAMP:20260902T103104Z
CREATED:20260902T103104Z
LAST-MODIFIED:20260902T103104Z
UID:2467-1796810400-1796814000@www.financecalendar.com
SUMMARY:US Existing Home Sales December 2026
DESCRIPTION:Next US Existing Home Sales: Wednesday\, December 9\, 2026 at 10:00 am ET (3:00 pm London). Covers November 2026 data. \n\nConsensus\nA consensus forecast has not yet been published\nPrior\nNot yet confirmed from the official NAR release at time of writing\nActual\nPending\n\nFull schedule and background: US Existing Home Sales. \nUpdated September 2\, 2026 \n\n← Previous US Existing Home Sales\nThe US Existing Home Sales report for November 2026 data is released on Wednesday\, December 9\, 2026 at 10:00 am ET (3:00 pm London) by the National Association of Realtors (NAR). The report measures the pace at which previously owned homes changed hands during the month\, and it is one of the two main gauges of US housing market activity alongside new home sales. Full schedule and background: US Existing Home Sales. \nWhat is existing home sales?\nExisting home sales tracks the number of previously owned single-family homes\, townhomes\, condominiums and co-ops that closed during the reporting month\, expressed as a seasonally adjusted annual rate (SAAR). Because the figure counts closings rather than new contracts\, it reflects buying decisions made roughly one to two months earlier\, when the mortgage rate at the time of the offer was locked in. \nThe NAR compiles the data from a survey of multiple listing services and brokers around the country. Alongside the headline sales pace\, the report includes median sale price\, months of supply\, the share of cash buyers\, and regional breakdowns for the Northeast\, Midwest\, South and West. Because roughly 90% of all US home sales are existing homes rather than new construction\, this release is the primary window into the health of the housing market. \nInvestors and central bankers watch it because housing is highly sensitive to interest rates and because the sector influences consumer spending through wealth effects\, home renovation activity and the pace of household formation. A sustained slowdown in sales can signal that higher mortgage rates are squeezing affordability\, while a pickup can suggest buyers are adjusting to a new rate environment. \nWhen is the November existing home sales report released?\nThe National Association of Realtors publishes the November 2026 existing home sales figures on December 9\, 2026 at 10:00 am ET\, which is 3:00 pm in London. The release is published on the NAR’s own website and distributed to newswires simultaneously. This date has been confirmed by the NAR’s release calendar and is not an estimate. \nWhat is the consensus forecast?\nAt the time of writing\, a consensus forecast from a major poll such as Reuters or Bloomberg for the November 2026 reading has not yet been published\, and the prior month’s confirmed sales pace has not been verified against the NAR’s own release for this article. Readers should check the NAR’s official release or a live consensus tracker such as Investing.com or Trading Economics closer to the release date for the most current prior figure and survey median\, since these can shift materially as the release date approaches. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nExisting home sales (SAAR)\nTo be confirmed from the October 2026 NAR release\nNot yet published\n\n\nMedian existing home price\nTo be confirmed from the October 2026 NAR release\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nCould be read as a sign the housing market is stabilising or improving despite elevated mortgage rates\, which some analysts suggest may reduce pressure on the Federal Reserve to cut rates quickly\nMore people are successfully buying and selling homes than expected\, which can support related spending on furniture\, renovations and moving services\n\n\nIn line\nLikely to have limited market impact since the figure was already priced in by traders\nThe housing market is behaving broadly as expected\, offering no major surprise to buyers\, sellers or renters\n\n\nBelow consensus\nMay be interpreted as evidence that high borrowing costs continue to weigh on the market\, which some economists argue strengthens the case for future rate cuts\nFewer homes are changing hands than expected\, which can signal that affordability pressures are holding back both buyers and sellers\n\n\n\nThese are possible interpretations discussed by market commentators\, not predictions of how markets will actually move on the day. \nWhy does this release matter right now?\nHousing has remained one of the most interest-rate-sensitive parts of the US economy through 2026\, with 30-year fixed mortgage rates staying well above the historic lows seen earlier in the decade. The Federal Reserve continues to monitor housing data closely as part of its broader assessment of financial conditions and the labour market\, since construction\, real estate services and related retail spending make up a meaningful share of US economic activity. A run of weak existing home sales prints earlier in the year has kept the sector under scrutiny\, and any further deterioration or improvement in November’s figures will feed into the debate over the path of interest rates into 2027. \nGlobally\, the release also matters because US mortgage and housing trends often mirror pressures seen in the UK and euro area\, where central banks have likewise grappled with the effect of higher rates on property markets. A weaker-than-expected US reading can reinforce expectations that major central banks\, including the Bank of England and European Central Bank\, may need to stay cautious about how quickly they ease policy. \nWhat It Means for Your Money\n\nMortgages and rates: A stronger-than-expected sales figure can nudge US Treasury yields and mortgage rates higher if it suggests the economy remains resilient\, while a weak print can support the case for lower rates over time\, indirectly affecting mortgage pricing in the UK and eurozone through global bond market linkages.\nSavings: Changes in the interest rate outlook driven by housing data can influence what savings accounts and fixed-term deposits pay\, since banks price savings products off the same rate expectations that move mortgage costs.\nJobs and wages: A healthy housing market supports employment in real estate\, construction\, home improvement and retail\, so a sustained slowdown in sales can eventually show up in slower job growth in these sectors.\nPrices: Median home price trends reported alongside the sales figure give a read on housing costs\, one of the larger components of household budgets and inflation measures in the US.\nInvestments\, pensions and currencies: Housing-linked stocks such as homebuilders and real estate investment trusts often react directly to the release\, and shifts in US rate expectations can move the dollar against the pound and euro\, affecting the value of overseas investments and pension holdings with US exposure.\n\nRelated events\n\nPrevious release: US Existing Home Sales\, November 2026 data\nUS New Home Sales\, the companion report covering newly built housing\nFederal Reserve interest rate decisions\, which shape mortgage rates and housing demand\n\nFrequently Asked Questions\nWhat time is the November existing home sales report released?\nThe National Association of Realtors publishes the data at 10:00 am ET\, which is 3:00 pm in London\, on December 9\, 2026. \nHow should I read the existing home sales figure?\nLook at the seasonally adjusted annual rate against the prior month and against the consensus forecast\, and check the accompanying median price and months of supply for a fuller picture of market conditions. \nHow does this data affect interest rates?\nThe Federal Reserve considers housing market strength as part of its broader assessment of the economy\, so persistently weak or strong readings can feed into expectations for future rate decisions\, though housing data alone rarely drives policy on its own. \nWhere can I find the official release?\nThe National Association of Realtors publishes the full report\, including regional breakdowns and price data\, on its own website at the scheduled release time. \nWhen is the next existing home sales report?\nThe NAR typically publishes existing home sales data around the 20th to 25th of the month for two months prior\, though the November data covered here follows an adjusted December publication date; check the NAR calendar for the exact date of the following release. \n← Previous US Existing Home Sales
URL:https://www.financecalendar.com/event/us-existing-home-sales-december-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261210T083000
DTEND;TZID=America/New_York:20261210T093000
DTSTAMP:20260825T104607Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104607Z
UID:1280-1796891400-1796895000@www.financecalendar.com
SUMMARY:US CPI Report December 2026
DESCRIPTION:Next US CPI Report: Thursday\, December 10\, 2026 at 8:30 am ET (1:30 pm London). Covers November 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nFull schedule and background: US CPI Report. \nUpdated August 25\, 2026 \n\n← Previous US CPI Report\nThe US Bureau of Labor Statistics (BLS) will release Consumer Price Index (CPI) data for November 2026 on Thursday\, December 10\, 2026\, at 8:30 a.m. Eastern Time. The release will provide the penultimate inflation reading of 2026\, arriving the day after the Federal Open Market Committee (FOMC) delivers its final rate decision of the year on December 9\, 2026. \n\n  At a Glance \n\nRelease date: Thursday\, December 10\, 2026\, at 8:30 a.m. ET\nPublishing body: US Bureau of Labor Statistics (BLS)\nReference month: November 2026\nMost recent reading: 3.8% YoY (April 2026)\nMarket impact: High\n\n\nWhat is the Consumer Price Index?\nThe Consumer Price Index for All Urban Consumers (CPI-U) is the most widely followed measure of inflation in the United States. Published monthly by the BLS\, it tracks changes in the prices paid by urban consumers for a market basket of goods and services covering approximately 93% of the US population. The basket includes categories such as housing\, food\, transport\, energy\, medical care\, apparel\, and recreation\, with housing carrying the largest weighting at around 32%. \nThe BLS collects price data from tens of thousands of retail and service establishments. The index is expressed as the year-over-year (YoY) rate and the month-over-month (MoM) change. Core CPI\, excluding food and energy\, is the metric most closely watched by the Federal Reserve (the Fed) for underlying inflation trends. \nCPI is released roughly 12 to 13 days after the reference month ends. The December 2026 release covers price changes in November 2026 and will contribute to the full-year inflation picture for 2026. \nUS CPI Release: December 10\, 2026\nThe December 10 release will provide the November 2026 inflation reading\, arriving one day after the FOMC meets on December 9. While the data will not influence the December rate decision directly (the Fed will already have made its call)\, it will immediately shape market expectations for the path of monetary policy in 2027. Strong inflationary persistence would push back the anticipated timeline for rate cuts; a confirmed deceleration would accelerate them. \nUS inflation started 2026 at 2.4% year-over-year in January before surging to 3.8% in April\, the highest rate since May 2023\, according to BLS data. The energy component rose 17.9% year-over-year in April\, with gasoline prices up 28.4%. The December reading will reveal whether those energy-driven price rises have faded through favourable base effects or have entrenched into broader price pressures. Consensus forecasts will be available closer to the release date. \nWhy This CPI Release Matters\nThe December CPI is the last major inflation data point of 2026 and will set the inflation narrative going into 2027. It follows the FOMC decision by just one day\, meaning the December 10 release will immediately begin shaping expectations for the January and March 2027 meetings. If the Fed cuts in December\, a hot November CPI reading could cause markets to question whether that cut was premature. If the Fed holds\, a cool reading would reinforce expectations for early 2027 easing. \nAt the same time\, the December reading will set the base for year-over-year comparisons in early 2027. If November 2026 inflation is significantly lower than November 2025\, the year-over-year rate will reflect that mechanically. Understanding the base effect is essential for interpreting the early 2027 inflation prints that follow. \nFor bond markets\, the December release will be crucial in determining where longer-duration yields settle into year-end and the new year. For equities\, confirmation that the 2026 inflationary episode is behind us would be a material positive\, particularly for rate-sensitive growth stocks that have faced persistent valuation headwinds throughout the year. \nWhat to Watch For\n\nAbove consensus: A reading that shows inflation re-accelerating in November (above 3.0-3.5%) would be a negative surprise given that energy base effects should be fading by this point. It would signal structural inflation persistence and push out expectations of rate cuts in 2027\, weighing on equities and bonds.\nIn line with consensus: A reading matching expectations would confirm the trajectory already priced in by markets. Attention would quickly shift to the December FOMC press conference and forward guidance for 2027\, particularly the updated Summary of Economic Projections.\nBelow consensus: A reading below 2.5% would signal that the 2026 inflation surge has been largely unwound and would significantly increase expectations of rate cuts early in 2027. Equities would rally broadly\, bond yields would fall\, and the US dollar would weaken.\n\nBy December\, the base effect from the April 2026 energy spike will be highly relevant. If energy prices have normalised or fallen since mid-2026\, the November year-over-year comparison will benefit from a mechanically easier base. Core services and shelter inflation will be the genuine gauge of underlying price pressure divorced from energy volatility. \nHistorical Context\n\n\n\nMonth\nYoY\nMoM\nCore YoY\n\n\n\n\nApril 2026\n3.8%\n+0.6%\n2.8%\n\n\nMarch 2026\n3.3%\n+0.9%\n2.6%\n\n\nFebruary 2026\n2.4%\n+0.2%\n—\n\n\nJanuary 2026\n2.4%\n—\n—\n\n\nDecember 2025\n2.7%\n—\n—\n\n\n\nSource: US Bureau of Labor Statistics. October and November 2025 data were not published due to the US government shutdown. MoM and core figures not available for all periods shown. \nMarket Positioning\nThe December 2026 CPI will close out the year’s inflation story and establish the baseline for 2027 expectations. Fixed income markets and the Fed funds futures curve will be acutely sensitive to this final reading\, given that it arrives the day after the December FOMC decision and in the context of year-end portfolio rebalancing. Liquidity typically thins in mid-December\, which can amplify market movements around data releases. \nFor equity investors looking ahead to 2027\, a confirmed downward trend in inflation through the final quarter of 2026 would represent a material improvement in the macro backdrop\, reducing the headwind from high interest rates and potentially re-opening the door to multiple expansion in growth sectors. \nRelated Events\n\nUS CPI Report November 2026 – The preceding monthly release covering October 2026 data.\nFOMC Rate Decision December 2026 – The Fed’s final meeting of 2026 on December 9\, the day before this CPI release.\nECB Rate Decision December 2026 – The ECB’s December meeting on December 17\, providing a comparison with European monetary policy as the year closes.\n\nFrequently Asked Questions\nWhat does the CPI measure?\nThe CPI measures the average change in prices paid by urban consumers for a fixed basket of goods and services\, including housing\, food\, transport\, energy\, and medical care. Published monthly by the Bureau of Labor Statistics\, it is the primary measure of consumer price inflation in the United States. \nWhen is the December 2026 CPI report released?\nThe December 2026 CPI report will be released on Thursday\, December 10\, 2026\, at 8:30 a.m. Eastern Time. The report covers price changes during November 2026. \nHow does the December CPI relate to 2027 monetary policy?\nThe December 10 release follows the FOMC’s December 9 decision by one day\, meaning it will not affect December’s vote but will immediately recalibrate expectations for January and March 2027 meetings. A continued deceleration in inflation would strengthen the case for the Fed to begin or continue cutting rates early in 2027\, which would have significant implications for bond yields\, equity valuations\, and the US dollar.
URL:https://www.financecalendar.com/event/us-cpi-report-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261210T083000
DTEND;TZID=America/New_York:20261210T093000
DTSTAMP:20260902T103707Z
CREATED:20260902T103707Z
LAST-MODIFIED:20260902T103707Z
UID:2473-1796891400-1796895000@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: December 10\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, December 10\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\n220\,000 (week ending Nov 15\, 2025)\nActual\nPending\n\nFull schedule and background: US Initial Jobless Claims. \nUpdated September 2\, 2026 \n\n← Previous US Initial Jobless Claims\nThe US Department of Labor releases the weekly initial jobless claims report on Thursday\, December 10\, 2026 at 8:30am ET (1:30pm London). This release covers new claims for unemployment benefits filed in the week ending December 5\, 2026\, and is one of the most timely indicators of labour-market health available to investors\, policymakers and the Federal Reserve. For the full release schedule and background on this weekly series\, see US Initial Jobless Claims. \nInitial jobless claims count the number of people filing for unemployment insurance for the first time in a given week. A rising trend suggests employers are cutting jobs faster than they are hiring; a falling trend suggests the labour market is holding up. Because the data are weekly and released quickly\, markets watch them closely for early signs of a turn in employment conditions\, particularly during periods when the Federal Reserve is weighing interest rate decisions. \nWhat is the consensus forecast?\nThe prior reading was 220\,000 for the week ending November 15\, 2025\, according to the Department of Labor’s weekly claims release. A consensus forecast for the December 5\, 2026 week has not yet been published; economists’ forecasts for weekly claims are typically only released a day or two ahead of the report by outlets such as Reuters and Bloomberg. Continuing claims\, which measure people still receiving benefits after an initial filing\, are also released alongside the headline number and give a sense of how long it is taking people to find new work. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nInitial claims\n220\,000\nNot yet published\n\n\n4-week moving average\nVaries by week\, published alongside headline figure\nNot yet published\n\n\nContinuing claims\nPublished alongside initial claims\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nClaims above consensus\nBond yields could fall\, stocks may wobble on growth worries\, though a weaker labour market can also raise hopes of interest rate cuts\nMore people are losing jobs or struggling to find new ones than expected\, a sign the labour market is cooling\n\n\nClaims in line with consensus\nLimited market reaction expected\, as the figure confirms the existing trend\nThe labour market is behaving broadly as expected\, with no fresh signal for the Fed or investors\n\n\nClaims below consensus\nStocks could gain on resilience\, though very strong labour data can also push bond yields up on reduced hopes of rate cuts\nFewer people than expected are filing for unemployment benefits\, suggesting the labour market remains solid\n\n\n\nWhy it matters this week\nJobless claims data has taken on extra significance as the Federal Reserve weighs the pace of any further interest rate moves heading into 2027. Weekly claims\, together with the monthly non-farm payrolls report\, give policymakers an early read on whether earlier rate cuts are cooling the labour market too quickly or whether conditions remain resilient. \nAccording to Trading Economics\, weekly claims data through much of 2026 showed periods of resilience even as some public-sector job cuts weighed on specific categories of workers. Investors will be watching whether the December 5 week continues that pattern or shows signs of a broader slowdown\, particularly given the seasonal noise that can affect claims data around the holiday period. \nWhat It Means for Your Money\nFor anyone with a mortgage or savings account\, jobless claims feed indirectly into the interest rate outlook. A run of weak claims data\, showing more people losing jobs\, tends to increase expectations of interest rate cuts\, which can eventually lower mortgage rates but also reduce returns on savings accounts and cash ISAs. Strong claims data\, showing few job losses\, can have the opposite effect\, keeping borrowing costs higher for longer but supporting better returns on cash savings. \nFor investors with pensions or portfolios exposed to US shares\, a sharply weaker labour market can hurt company profits and share prices in the near term\, even if it eventually leads to lower interest rates that support valuations further out. A resilient labour market tends to support consumer spending and corporate earnings\, which can benefit pension funds and other investments with exposure to US equities. \nThe report also has ripple effects beyond the US. Because Federal Reserve policy influences global borrowing costs\, shifts in the US labour market outlook can move the value of the pound\, the euro and other currencies against the dollar\, affecting the cost of imports and holidays abroad for people in the UK and Europe\, as well as returns on international investments. \nFrequently Asked Questions\nWhat time is the jobless claims report released?\nThe report is released at 8:30am ET\, which is 1:30pm in London\, on Thursday\, December 10\, 2026. \nWhat would count as a big miss from consensus?\nOnce a consensus forecast is published\, a move of more than around 15\,000 to 20\,000 claims away from that figure would typically be considered a significant surprise\, though markets also pay close attention to the four-week moving average rather than any single week’s number. \nWhen is the next jobless claims report?\nThe next weekly release follows the standard Thursday schedule; check the US Initial Jobless Claims hub page for the exact date and time of the following report. \nWhy do jobless claims matter to the Federal Reserve?\nJobless claims offer a near real-time signal of labour-market health\, helping the Federal Reserve judge whether its interest rate policy is having the intended effect on employment. \n \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-december-10-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261211T020000
DTEND;TZID=America/New_York:20261211T030000
DTSTAMP:20260826T022321Z
CREATED:20260826T022321Z
LAST-MODIFIED:20260826T022321Z
UID:2239-1796954400-1796958000@www.financecalendar.com
SUMMARY:UK GDP December 2026
DESCRIPTION:Next UK GDP: Friday\, December 11\, 2026 at 7:00 am GMT (2:00 am ET\, 7:00 am London). Covers Q3 2026 data. \n\nConsensus\nNot yet published\nPrior\n0.4% growth (three months to June 2026\, ONS)\nActual\nPending\n\nFull schedule and background: UK GDP. \nUpdated August 25\, 2026 \n\n← Previous UK GDP\nThe UK Gross Domestic Product (GDP) report for December 2026 is released on Friday\, December 11\, 2026 at 7:00am London time (2:00am ET) by the Office for National Statistics (ONS). This release covers economic output data for the third quarter of 2026 (July to September)\, the ONS’s main measure of how fast\, or slowly\, the UK economy is growing. Full background and the schedule of upcoming releases is available on the UK GDP hub page. \nWhat is UK GDP?\nGross Domestic Product measures the total value of all goods and services produced in the UK economy over a given period. It is the broadest single gauge of economic health available and the figure most often quoted when politicians\, economists or journalists talk about the economy “growing” or “shrinking”. \nThe ONS builds GDP from three angles that should\, in theory\, add up to the same total: output (what businesses and public services actually produced)\, expenditure (what households\, businesses\, government and overseas buyers spent) and income (wages\, profits and other earnings generated). The headline growth rate compares output in the latest period with the period before\, either quarter on quarter or\, in the monthly release\, on a rolling three-month basis. \nMarkets watch GDP closely because it feeds directly into decisions at the Bank of England. Faster growth\, especially alongside strong wage growth\, can add to inflation pressure and argue for holding or raising interest rates. Weaker growth\, particularly if it slips towards contraction\, increases pressure for rate cuts to support jobs and spending. Two consecutive quarters of falling output is the common definition of a recession. \nWhen is the Q3 2026 GDP report released?\nThe ONS publishes this release on December 11\, 2026 at 7:00am GMT (2:00am ET)\, on its release calendar and in the Quarterly National Accounts and GDP monthly estimate bulletins on ons.gov.uk. As with all ONS statistics\, the exact bulletin and any accompanying data tables go live at the same moment\, so there is no early access for market participants. \nWhat is the consensus forecast?\nAs of now\, a consensus forecast has not yet been published for the December 2026 release. City economists and data providers such as Reuters and Bloomberg typically issue their median forecasts only in the days immediately before an ONS release\, once more monthly indicators (retail sales\, industrial production\, trade) for the quarter are available. Financecalendar.com will update this page with the consensus figure and the prior reading once they are confirmed. \nThe most recent officially confirmed reading from the ONS\, at the time of writing\, shows real GDP growing by 0.4% in the three months to June 2026\, compared with the three months to March 2026\, according to the ONS GDP monthly estimate\, June 2026. That followed growth of 0.6% in the three months to May 2026 (revised down from 0.7%) and 0.8% in the three months to April 2026. \n\n\n\nMeasure\nPrior reading\nConsensus\n\n\n\n\nQuarterly GDP growth\n0.4% (three months to June 2026\, ONS)\nNot yet published\n\n\nAnnual GDP growth\nTo be confirmed\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nSterling could firm and gilt yields may rise\, as stronger growth reduces the case for near-term Bank of England rate cuts\, a pattern economists have described in commentary on prior above-forecast GDP prints reported by Reuters\nThe economy grew faster than expected\, which can support jobs and wages but may also keep borrowing costs higher for longer\n\n\nIn line\nA broadly neutral reaction is typical when data matches expectations\, according to analysts cited in Reuters market wraps around ONS releases\nThe economy is performing roughly as expected\, so mortgage rates\, savings rates and the outlook for the pound are unlikely to move sharply on this data alone\n\n\nBelow consensus\nSterling could soften and gilt yields may fall\, as weaker growth increases the odds markets attach to future Bank of England rate cuts\, a reaction seen in past below-forecast prints per Reuters coverage\nThe economy grew more slowly than hoped\, or shrank\, which can eventually feed through to weaker job creation and slower wage growth\n\n\n\nThese are possible reactions drawn from how markets have historically responded to GDP surprises\, not predictions of what will happen on December 11\, 2026. \nWhy does this release matter right now?\nThe Bank of England’s Monetary Policy Committee treats GDP as one of the key inputs into its interest rate decisions\, alongside inflation and the labour market. Through the first half of 2026\, ONS data showed the UK economy expanding for several consecutive rolling three-month periods\, with growth of 0.6% in the three months to March 2026 and 0.4% in the three months to June 2026\, according to the ONS first quarterly estimate for Q1 2026 and the June 2026 monthly bulletin. Growth had been slowing gradually across that period even as it remained positive. \nInvestors and policymakers will be watching whether that gentle slowdown continued\, stabilised or reversed over July to September 2026. A weaker than expected Q3 reading would add to the debate over how quickly the Bank of England should lower borrowing costs\, while a stronger print would support those on the MPC who argue for a more cautious\, gradual approach to rate cuts. \nWhat It Means for Your Money\n\nMortgages and rates: A weak GDP print can raise expectations of Bank of England rate cuts\, which sometimes feeds through to lower fixed mortgage rates over the following weeks. A strong print can do the opposite\, keeping borrowing costs higher for longer.\nSavings: Interest rates on savings accounts tend to move in the same direction as expectations for Bank Rate\, so weaker growth data that raises the odds of a rate cut can eventually mean lower returns on cash savings.\nJobs and wages: GDP growth and employment tend to move together over time. A run of weak GDP figures can be an early sign that hiring may slow or wage growth may cool in the following months.\nPrices: Faster growth can add to inflation pressure if demand outpaces the economy’s capacity to supply goods and services\, while a slowdown can help take some heat out of prices.\nInvestments\, pensions and the pound: UK shares\, gilts and sterling can all react to a GDP surprise. A stronger than expected reading often supports the pound against the dollar and the euro\, while a weaker reading can weigh on it\, with knock-on effects for the value of overseas holdings inside pensions and investment portfolios for UK savers\, and for the cost of UK assets to European and Asian investors.\n\nRecent GDP readings (three-month on three-month growth)\n\n\n\nPeriod\nGrowth rate\n\n\n\n\nThree months to June 2026\n0.4%\n\n\nThree months to May 2026\n0.6% (revised)\n\n\nThree months to April 2026\n0.8%\n\n\nThree months to March 2026\n0.6%\n\n\nThree months to February 2026\n0.5%\n\n\nThree months to January 2026\n0.3% (revised)\n\n\n\nSource: ONS GDP monthly estimate bulletins\, various 2026 releases. \nRelated events\n\nUK GDP November 2026 release\nBank of England Monetary Policy Committee decisions\, which take GDP trends into account when setting Bank Rate\nUK labour market and inflation releases\, published in the weeks around each GDP report\n\nFrequently Asked Questions\nWhat time is the December 2026 UK GDP report released?\nThe ONS publishes the report at 7:00am London time on December 11\, 2026\, which is 2:00am ET. \nHow do I read the headline GDP figure?\nThe main number to check is the percentage change in output compared with the previous quarter or rolling three-month period. A positive figure means the economy grew\, a negative figure means it shrank. \nHow does GDP affect UK interest rates?\nThe Bank of England considers GDP growth alongside inflation and employment when setting Bank Rate. Weak or negative growth can support the case for rate cuts\, while strong growth can argue for holding or raising rates. \nWhere can I find the official GDP release?\nThe ONS publishes the full bulletin\, dataset and revisions on its release calendar at ons.gov.uk at the moment of release. \nWhen is the next UK GDP report after this one?\nThe ONS publishes GDP data on a monthly and quarterly cycle\, with the next release typically following around four to six weeks later. Check the UK GDP hub page for the confirmed date. \n← Previous UK GDP
URL:https://www.financecalendar.com/event/uk-gdp-december-2026/
CATEGORIES:Economic Indicators
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DTSTART;TZID=America/New_York:20261214T083000
DTEND;TZID=America/New_York:20261214T093000
DTSTAMP:20260826T022720Z
CREATED:20260826T022719Z
LAST-MODIFIED:20260826T022720Z
UID:2241-1797237000-1797240600@www.financecalendar.com
SUMMARY:Canada CPI December 2026
DESCRIPTION:Next Canada CPI: Monday\, December 14\, 2026 at 8:30 am ET (1:30 pm London). Covers November 2026 data. \n\nConsensus\nNot yet published\nPrior\n3.0% YoY (July 2026\, latest confirmed reading)\nActual\nPending\n\nFull schedule and background: Canada CPI. \nUpdated August 25\, 2026 \n\n← Previous Canada CPI\nStatistics Canada releases the Consumer Price Index (CPI) for November 2026 on Monday\, December 14\, 2026\, at 8:30 am ET (1:30 pm London time). The report is Canada’s main measure of consumer price inflation and is watched closely by the Bank of Canada\, currency traders and anyone with a mortgage\, savings account or pension tied to Canadian assets. Full schedule and background: Canada CPI. \nWhat is the Canada Consumer Price Index?\nThe CPI tracks the change in prices Canadians pay for a fixed basket of goods and services\, covering eight major groups including food\, shelter\, transportation and household operations. Statistics Canada compares the cost of this basket month to month and year to year\, and the year-over-year change is the headline inflation figure most reported in the news. \nAlongside the headline number\, Statistics Canada and the Bank of Canada also track “core” measures that strip out volatile items such as gasoline and some food prices. The two most closely watched are the median CPI and the trimmed-mean CPI\, both designed to show the underlying trend in prices without short-term noise from a single volatile category. These core measures matter because the Bank of Canada uses them\, alongside headline inflation\, to decide whether interest rates need to rise\, fall or hold steady. \nMarkets watch CPI because it feeds directly into interest rate decisions. Persistently high inflation tends to keep the Bank of Canada cautious about cutting rates\, while a sustained slowdown gives it room to lower borrowing costs. Because Canada’s economy is closely linked to the United States through trade\, the CPI print is also watched by investors in the US\, Europe and Asia for signs of how tariffs\, energy prices and global demand are feeding through to consumer costs. \nWhen is the November CPI released?\nStatistics Canada publishes the November 2026 CPI report on Monday\, December 14\, 2026 at 8:30 am ET (1:30 pm London time). The release is published on the agency’s website as part of “The Daily” bulletin\, with the full statistical tables available through the Consumer Price Index portal. Statistics Canada has confirmed this release date as part of its published 2026 release calendar. \nWhat is the consensus forecast?\nAs of the time of writing\, a consensus forecast for the November 2026 CPI reading has not yet been published. Consensus estimates from surveys such as those compiled by Reuters and Bloomberg typically appear in the days immediately before the release\, once economists have incorporated the most recent trade\, energy and labour market data. \nThe most recently confirmed Statistics Canada figures at the time of writing were for July 2026\, when headline inflation rose to 3.0% year-on-year from 2.8% in June 2026\, a move TD Economics described as “one tick higher than markets were anticipating”. Core measures had been softening: the median CPI stood at 1.9% and the trimmed-mean CPI at 1.8% in June 2026\, both described by Trading Economics as their “lowest in over five years” at that point. \n\n\n\nMeasure\nPrior (June 2026)\nLatest confirmed (July 2026)\n\n\n\n\nHeadline CPI (year-on-year)\n2.8%\n3.0%\n\n\nMedian CPI (Bank of Canada core measure)\n2.1%\n1.9%\n\n\nTrimmed-mean CPI (Bank of Canada core measure)\n2.0%\n1.8%\n\n\n\nFigures for August\, September\, October and November 2026 were not yet confirmed through an official Statistics Canada release at the time this page was prepared. Readers should check the official StatCan release for the most current reading before the November print is published. \nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nBond yields and the Canadian dollar could firm as traders trim bets on near-term rate cuts\nPrices are rising faster than expected\, which could keep the Bank of Canada cautious about lowering interest rates\, meaning higher borrowing costs stay in place for longer\n\n\nIn line with consensus\nMuted market reaction\, with focus shifting to the core inflation components\nInflation is behaving broadly as expected\, so the Bank of Canada’s existing policy plan is unlikely to change because of this release alone\n\n\nBelow consensus\nThe Canadian dollar could soften and short-term bond yields could fall as markets price in a greater chance of a rate cut\nPrices are rising more slowly than expected\, which could give the Bank of Canada more room to cut interest rates and support borrowers\n\n\n\nThese are possible market reactions described by analysts\, not predictions. Statistics Canada’s July 2026 report noted that gasoline prices were a key driver of the headline rate\, rising 25.7% year-on-year that month\, while shelter and grocery price inflation continued to ease\, according to Statistics Canada. \nWhy does this release matter right now?\nCanadian inflation has been on an uneven path through 2026. After falling from the 40-year peak of 6.8% reached in June 2022\, headline CPI settled below 2% for stretches of 2025 before drifting higher again into the summer of 2026\, according to data compiled by WealthNorth using Statistics Canada’s official series. The July 2026 uptick to 3.0% was driven largely by higher pump prices linked to renewed tensions between Iran and the United States\, which pushed wholesale fuel costs higher. \nA separate and persistent theme through 2026 has been the risk that US tariffs on Canadian goods pass through into consumer prices\, particularly for imported machinery\, vehicles and some food inputs\, a risk Statistics Canada has flagged directly. TD Economics noted that the threat of 50% tariffs on some Canadian exports remained unresolved through the summer\, adding uncertainty to the inflation outlook. The Bank of Canada has said it will remain “data-dependent” given these external risks\, meaning each CPI print carries extra weight for its rate decisions in the months ahead. \nWhat It Means for Your Money\n\nMortgages and loans: If inflation runs hotter than expected\, the Bank of Canada is less likely to cut its policy rate soon\, which keeps variable mortgage rates and lines of credit more expensive. A cooler than expected reading increases the chance of rate cuts\, which could eventually lower monthly payments for homeowners renewing a mortgage.\nSavings: Interest rates on savings accounts and guaranteed investment certificates (GICs) tend to move with the Bank of Canada’s policy rate\, so a weaker inflation print could see savings rates edge down over time\, while a stronger print could keep them higher for longer.\nJobs and wages: Persistent inflation above the Bank of Canada’s 2% target can squeeze household budgets if wage growth does not keep pace\, particularly for lower income households who spend a larger share of income on food and fuel.\nPrices in everyday life: Grocery and fuel prices have been the biggest swing factors in Canadian CPI through 2026. Anyone budgeting for household bills should watch these two categories closely in the release\, as they can move the headline number even when underlying inflation is stable.\nInvestments\, pensions and the currency: The Canadian dollar tends to strengthen when inflation surprises to the upside\, since it reduces the odds of near-term rate cuts\, and to weaken on a downside surprise. This matters for UK\, European and Asian investors holding Canadian dollar assets or bonds\, as well as for pension funds with exposure to Canadian equities and fixed income.\n\nRelated events\n\nPrevious release: Canada CPI\, November 2026 data (October release)\nFull release history and background: Canada CPI hub\nThe next Bank of Canada interest rate decision\, which typically follows the CPI release by one to two weeks and takes this data into account\n\nFrequently Asked Questions\nWhat time is the November 2026 Canada CPI released?\nStatistics Canada publishes the report at 8:30 am ET\, which is 1:30 pm in London\, on Monday\, December 14\, 2026. \nHow do I read the CPI report?\nFocus first on the year-on-year headline figure\, then check the median and trimmed-mean core measures\, which strip out volatile items like gasoline and give a clearer picture of the underlying inflation trend the Bank of Canada watches most closely. \nHow does this release affect Bank of Canada interest rates?\nThe Bank of Canada uses CPI data\, particularly the core measures\, to help decide whether to raise\, cut or hold its policy rate\, so a surprise in either direction can shift market expectations for the next rate decision. \nWhere can I find the official release?\nThe report is published on the Statistics Canada website as part of “The Daily” bulletin\, with full data tables available through the Consumer Price Index portal. \nWhen is the next Canada CPI report released?\nStatistics Canada typically releases CPI data roughly three weeks after the end of each reference month\, so the December 2026 CPI report is expected in mid-January 2027\, with the exact date confirmed on the agency’s published release calendar closer to the time. \n← Previous Canada CPI
URL:https://www.financecalendar.com/event/canada-cpi-december-2026/
CATEGORIES:Economic Indicators
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DTSTART;TZID=America/New_York:20261215T020000
DTEND;TZID=America/New_York:20261215T030000
DTSTAMP:20260826T023202Z
CREATED:20260826T023202Z
LAST-MODIFIED:20260826T023202Z
UID:2243-1797300000-1797303600@www.financecalendar.com
SUMMARY:UK Labour Market Report December 2026
DESCRIPTION:Next UK Labour Market Report: Tuesday\, December 15\, 2026 at 7:00 am GMT (2:00 am ET\, 7:00 am London). \n\nConsensus\nNot yet published\nPrior\n4.9% unemployment rate (three months to June 2026)\nActual\nPending\n\nFull schedule and background: UK Labour Market Report. \nUpdated August 25\, 2026 \n\n← Previous UK Labour Market Report\nThe UK Labour Market Report for December 2026 is published by the Office for National Statistics (ONS) on Tuesday\, December 15\, 2026\, at 7:00am London time (2:00am ET). The release brings together the Labour Force Survey estimates of employment and unemployment\, HMRC payrolled employee figures\, and average earnings growth\, covering the rolling three-month period through October 2026 alongside a provisional payrolled-employee estimate for November. Full background and the release schedule for this series sit on the UK Labour Market Report hub page. \nWhat is the UK Labour Market Report?\nThe Labour Market Report is the ONS’s monthly snapshot of who is working\, who is looking for work\, and how much pay is growing across the UK economy. It combines three main data sources: the Labour Force Survey (a household survey used to calculate the unemployment rate\, employment rate and economic inactivity rate)\, HMRC Pay As You Earn Real Time Information (used to count payrolled employees)\, and the Average Weekly Earnings survey of businesses (used to measure wage growth). \nBecause the headline Labour Force Survey figures are a three-month rolling average\, each release describes a quarter rather than a single month\, for example “August to October 2026”. The payrolled employee count\, by contrast\, is a near-real-time HMRC tax-data series and is usually reported for the most recent single month available. \nMarkets watch this release closely because the Bank of England’s Monetary Policy Committee treats the labour market as one of the clearest signals of inflationary pressure in the domestic economy. A tight jobs market with strong wage growth tends to support the case for higher interest rates\, while rising unemployment and slowing pay growth make the case for cuts. \nWhen is the December labour market report released?\nThe report is due on Tuesday\, December 15\, 2026\, at 7:00am London time\, which is 2:00am ET (note the report lands overnight for US traders and before the New York market opens). It is published by the Office for National Statistics and appears on the ONS website’s labour market bulletin series\, alongside the accompanying data tables and the ONS release calendar. \nWhat is the consensus forecast?\nA consensus forecast for the December 2026 release has not yet been published by data providers such as Reuters or Bloomberg. Economist forecasts for UK labour market data typically emerge in the days immediately before the release\, once analysts have digested the most recent purchasing managers’ surveys\, vacancy data and payroll figures. Readers should check back closer to the date for a published median forecast. \nThe most recent confirmed reading available at the time of writing came from the ONS bulletin covering April to June 2026\, published in August 2026\, which put the unemployment rate at 4.9%\, up 0.2 percentage points on the year but down 0.1 percentage points on the previous quarter\, according to the ONS Labour market overview\, UK: August 2026. Earlier bulletins through June and July 2026 recorded the same 4.9% rate for the preceding rolling quarters\, suggesting the rate had stabilised at close to a multi-year high after climbing from 5.1% in the three months to October 2025. \n\n\n\nMeasure\nPrior reading\nConsensus for December release\n\n\n\n\nUnemployment rate (16+)\n4.9% (three months to June 2026)\nNot yet published\n\n\nAverage earnings\, total pay (annual growth)\n4.1% (three months to March 2026)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nUnemployment and wage growth above consensus\nSterling could firm and gilt yields could rise\, as traders push back the timing of any further Bank of England rate cut\nA tighter jobs market with hotter pay growth suggests inflation pressure at home is not fading\, which argues for borrowing costs staying higher for longer\n\n\nBroadly in line with the prior trend\nA muted reaction\, with markets keeping current interest rate expectations largely unchanged\nThe labour market continues on its recent path of a high but roughly stable unemployment rate and gradually cooling wage growth\, giving the Bank of England no reason to shift course\n\n\nUnemployment higher and wage growth weaker than consensus\nGilt yields could fall and sterling could soften\, as markets bring forward expectations of Bank of England rate cuts\nA weakening jobs market and slower pay growth reduce the risk that wages keep pushing prices up\, making it easier for the Bank to cut rates to support growth\n\n\n\nThese are possible reactions described by market commentators\, not predictions. Economists at outlets such as Reuters and Bloomberg typically frame their post-release notes around whether the data changes the expected path of Bank Rate rather than any single number in isolation. \nWhy does this release matter right now?\nThe Bank of England has spent much of 2026 weighing a labour market that cooled from the tight conditions of 2022 and 2023 without collapsing outright. Data through the summer of 2026 showed the unemployment rate holding near 4.9%\, its highest level in several years\, while payrolled employee numbers fell for a sustained run of months on HMRC’s Real Time Information data\, according to the ONS’s own bulletins. At the same time\, wage growth has been gradually slowing from the very high rates seen earlier in the decade\, with total pay growth around 4.1% and regular pay growth around 3.4% in the first quarter of 2026\, per the ONS. \nThe House of Commons Library’s labour market briefing noted that real (inflation-adjusted) wages were still rising modestly through the second quarter of 2026\, meaning household spending power was improving even as headline job numbers softened. The December report will show whether that combination of a stable-to-softer jobs market and gradually cooling pay growth has continued into the autumn\, feeding directly into the Bank of England’s February 2027 rate decision and the Monetary Policy Committee’s assessment of underlying inflation pressure. \nWhat It Means for Your Money\nMortgages and borrowing: A weaker jobs market and slower wage growth tend to make it more likely the Bank of England will cut interest rates\, which can eventually feed through into cheaper fixed and tracker mortgage rates. A stronger-than-expected report has the opposite effect\, keeping borrowing costs higher for longer. \nSavings: Interest rates on savings accounts broadly track Bank Rate. If this report points towards rate cuts\, savers may see returns on easy-access and fixed savings accounts drift lower over the following months. \nJobs and wages: The unemployment rate and vacancy figures give a direct read on how easy it is to find or change jobs. Wage growth figures matter for anyone negotiating a pay rise or checking whether their pay is keeping up with the cost of living. \nPrices: Wage growth is one of the inputs the Bank of England watches for signs that inflation could persist\, because businesses often pass higher staff costs on to customers through prices. \nInvestments\, pensions and currencies: UK gilts\, the pound and London-listed shares can all move on this data\, since it shapes expectations for interest rates. A softer labour market that raises the odds of rate cuts can weaken sterling against the dollar and euro\, which affects the cost of imported goods and holidays abroad\, while also potentially supporting UK share prices sensitive to lower borrowing costs. Investors and pension savers with exposure to UK bonds or equities may see portfolio values shift on the day of release\, particularly if the figures surprise against whatever consensus forecast is eventually published. \nRelated events\n\nPrevious release: UK Labour Market Report\, November 2026\nUK Consumer Prices Index (CPI) release\, which the Bank of England reads alongside wage growth data when assessing inflation pressure\nBank of England Monetary Policy Committee interest rate decision\, which draws directly on labour market trends shown in this report\n\nFrequently Asked Questions\nWhat time is the UK Labour Market Report released?\nThe December 2026 report is released at 7:00am London time on Tuesday\, December 15\, 2026\, which is 2:00am ET. \nWhat period does the December report cover?\nThe headline employment and unemployment figures cover the rolling three-month period expected to run from August to October 2026\, with a more up-to-date single-month estimate for payrolled employees. \nHow does this report affect UK interest rates?\nThe Bank of England uses labour market slack and wage growth as key gauges of domestic inflation pressure\, so a notably stronger or weaker report than expected can shift market expectations for the timing of future Bank Rate changes. \nWhere can I find the official release?\nThe report is published on the ONS release calendar and appears as a “Labour market overview\, UK” bulletin on the ONS website\, with full data tables available for download. \nWhen is the next UK Labour Market Report?\nONS labour market reports are published monthly\, so the next release is expected in mid-January 2027\, following the same rolling three-month reporting pattern. \n← Previous UK Labour Market Report
URL:https://www.financecalendar.com/event/uk-labour-market-report-december-2026/
CATEGORIES:Economic Indicators
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