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DTSTART;TZID=America/New_York:20261118T193000
DTEND;TZID=America/New_York:20261118T203000
DTSTAMP:20260825T151227Z
CREATED:20260825T151227Z
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UID:2225-1795030200-1795033800@www.financecalendar.com
SUMMARY:Australia Labour Force November 2026
DESCRIPTION:Next Australia Labour Force: Thursday\, November 19\, 2026 at 11:30 am AEDT (7:30 pm ET\, 12:30 am London). \n\nConsensus\nNot yet published\nPrior\nUnemployment rate 4.5% (April 2026\, seasonally adjusted)\nActual\nPending\n\nFull schedule and background: Australia Labour Force. \nUpdated August 25\, 2026 \n\n← Previous Australia Labour Force\nThe Australia Labour Force report for November 2026 is due on Thursday\, November 19\, 2026 at 11:30 am AEDT\, which is 7:30 pm ET on Wednesday\, November 18 in the United States and 12:30 am London time on the same Thursday. It is published by the Australian Bureau of Statistics (ABS) and covers labour market conditions gathered during the reference period leading into the release. Full background and the release schedule for this series are on our Australia Labour Force hub page. \nWhat is the Australia Labour Force report?\nThe Labour Force survey is Australia’s main monthly measure of employment\, unemployment and participation. Each month the ABS surveys a large\, rotating sample of households across the country and asks whether people worked\, looked for work\, or were out of the labour force entirely in the survey reference week. From those answers it builds the headline figures markets watch: the unemployment rate\, the number of people employed (full-time and part-time)\, the participation rate (the share of the population aged 15 and over who are working or actively looking for work)\, and hours worked. \nThese numbers matter because the Reserve Bank of Australia (RBA) treats the labour market as one of the two main inputs\, alongside inflation\, into its interest rate decisions. A tight labour market with a falling unemployment rate can add to wage and price pressure\, while a loosening labour market gives the RBA more room to hold or cut its cash rate. Because Australia is a major exporter of iron ore\, coal and other commodities and a large trading partner for China\, Japan and other parts of Asia\, swings in its jobs data are watched well beyond its own borders\, and they also move the Australian dollar\, which in turn affects import prices for goods bought from the UK\, Europe and the US. \nThe ABS reports both the original series and the seasonally adjusted series\, which strips out predictable calendar effects such as school holidays. Most headlines and market reactions focus on the seasonally adjusted unemployment rate and the change in employment\, usually expressed as a net gain or loss of jobs against the previous month. \nWhen is the November Labour Force report released?\nThe ABS has this release scheduled for Thursday\, November 19\, 2026\, at 11:30 am Australian Eastern Daylight Time. That translates to 7:30 pm ET in New York on the Wednesday evening before\, and 12:30 am in London early on the Thursday. The report is published free on the ABS website under the “Labour Force\, Australia” series\, alongside detailed tables covering states\, industries and demographic breakdowns. The ABS also lists this release\, and all other upcoming statistical releases\, on its release calendar. \nWhat is the consensus forecast?\nAt the time of writing\, a consensus forecast for the November 2026 Labour Force report has not yet been published. Economist surveys from Reuters and Bloomberg for this release typically appear only in the days immediately before publication\, so figures will firm up closer to November 19\, 2026. \nThe most recently verified official reading from the ABS\, from its April 2026 release\, showed the seasonally adjusted unemployment rate rising to 4.5%\, with the number of unemployed people increasing by 33\,000 to 692\,500\, according to the Australian Bureau of Statistics. The ABS also noted that the unemployment rate held at 4.6% for men and rose 0.4 percentage points to 4.4% for women in that release. Several further monthly reports will have been published between then and the November 2026 print; readers should check the ABS website directly for the most current figures once they land\, since precise month-by-month numbers for the second half of 2026 were not independently verifiable at the time this preview was written. \n\n\n\nMeasure\nPrior (most recently verified)\nConsensus\n\n\n\n\nUnemployment rate\n4.5% (April 2026\, seasonally adjusted)\nNot yet published\n\n\nParticipation rate\nData not independently verified for this preview\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 (unemployment rate higher\, or job losses)\nTraders may price in a higher chance of an RBA rate cut\, and the Australian dollar could weaken against the US dollar and pound\nA softer jobs market often means fewer new roles\, slower wage growth\, and could nudge the RBA toward cheaper borrowing costs over time\n\n\nIn line with consensus\nLimited immediate market reaction\, since the outcome largely confirms what was already expected\nThe picture stays broadly as expected: no fresh reason for the RBA to change its current stance\n\n\nBelow consensus (unemployment rate lower\, or strong job gains)\nMarkets could reduce bets on RBA rate cuts\, and the Australian dollar may strengthen\nA tighter labour market can support wage growth and consumer spending\, but may also keep the RBA cautious about cutting rates too soon\n\n\n\nThese are possibilities discussed by analysts and traders\, not predictions of the actual result. \nWhy does this release matter right now?\nThe RBA has repeatedly said it watches the labour market closely alongside inflation when setting the cash rate\, and commentary from the bank’s board minutes and statements consistently frames a “gradual loosening” or tightening of labour conditions as a key signal for future policy moves\, according to the Reserve Bank of Australia. Through the first half of 2026\, the unemployment rate had drifted higher from earlier lows\, with the ABS recording a rise to 4.5% in April 2026 after an increase in the number of unemployed people. Whether that gradual upward drift continued\, stabilised\, or reversed through the second half of the year is central to how the RBA reads the strength of the domestic economy heading into its final policy decisions of 2026 and its outlook for 2027. \nBeyond the RBA\, the report also matters to trading partners. China remains Australia’s largest export market\, so a weaker Australian labour market can sometimes be an early signal of softening demand for commodities linked to Chinese industrial activity. A stronger or weaker than expected Australian dollar following the release also changes the price of goods and services traded with the UK\, Europe and Asia\, and can move commodity-linked currencies such as the New Zealand dollar and\, to a lesser extent\, sentiment around other resource exporters. \nWhat It Means for Your Money\nMortgages and borrowing: in Australia\, a weaker jobs report that raises the odds of an RBA rate cut can eventually flow through to lower variable mortgage rates\, while a stronger report can keep borrowing costs higher for longer. Homeowners with variable-rate loans are the most directly affected. \nSavings: Australian savings account and term deposit rates broadly track the RBA cash rate\, so the same logic applies in reverse: weaker jobs data that points toward rate cuts tends to mean lower returns on cash savings over time. \nJobs and wages: the report itself is a direct read on how easy it is to find work in Australia and whether wage pressure is building. A falling unemployment rate with rising participation is generally read as a healthy sign for workers’ bargaining power. \nThe Australian dollar and overseas shoppers: a weaker labour market that weighs on the Australian dollar makes Australian exports and assets cheaper for foreign buyers\, including UK\, US and Asian investors\, but it also makes imports and overseas holidays more expensive for Australians. \nInvestments and pensions: Australian equities\, particularly banks and retailers exposed to domestic consumer spending\, tend to be sensitive to labour market health\, which matters for anyone holding Australian shares or superannuation funds with Australian equity exposure\, including many UK and international pension funds with global allocations. \nRelated events\n\nPrevious release: Australia Labour Force\, October 2026\nFull release schedule and background: Australia Labour Force hub page\nReserve Bank of Australia cash rate decisions\, which respond to trends in this data\n\nFrequently Asked Questions\nWhat time does the November 2026 Australia Labour Force report come out?\nThe ABS publishes the report at 11:30 am AEDT on Thursday\, November 19\, 2026\, which is 7:30 pm ET on the Wednesday evening before in the US\, and 12:30 am London time on the Thursday. \nHow should I read the unemployment rate figure?\nFocus on the seasonally adjusted rate rather than the original series\, since it removes predictable calendar effects\, and compare it against both the prior month and the consensus forecast published shortly before release. \nHow does this report affect interest rates?\nThe Reserve Bank of Australia weighs labour market strength alongside inflation when setting its cash rate\, so a materially weaker or stronger jobs report than expected can shift market expectations for future RBA decisions. \nWhere can I find the official release?\nThe full statistical release\, including detailed tables\, is published on the Australian Bureau of Statistics website under the “Labour Force\, Australia” series. \nWhen is the next Labour Force report after this one?\nThe ABS publishes Labour Force data monthly\, so the following report typically arrives around four weeks later; check the ABS release calendar for the confirmed date. \n← Previous Australia Labour Force
URL:https://www.financecalendar.com/event/australia-labour-force-november-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261119T083000
DTEND;TZID=America/New_York:20261119T093000
DTSTAMP:20260902T085711Z
CREATED:20260902T085711Z
LAST-MODIFIED:20260902T085711Z
UID:2431-1795077000-1795080600@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: November 19\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, November 19\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\nNot yet confirmed for the November 14\, 2026 week\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 its weekly initial jobless claims report on Thursday\, November 19\, 2026\, at 8:30 am ET (1:30 pm London). The report covers the week ending November 14\, 2026\, and measures how many people filed for unemployment insurance for the first time in that week. It is one of the most timely readings of the US labour market and is watched closely by the Federal Reserve\, bond traders and anyone tracking hiring conditions. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast for the November 14\, 2026 week has not yet been published. Economists surveyed by outlets such as Reuters and Bloomberg typically release their forecasts in the day or two before the report\, once other labour-market signals for the week are in. \nWeekly claims have generally hovered in a range around 200\,000 to 210\,000 through much of 2026\, according to Investing.com’s economic calendar\, which reported a reading of 203\,000 against a forecast of 208\,000 in one recent week\, following a previous figure of 207\,000. Continuing claims\, which count people who remain on unemployment benefits for more than a week\, have been running somewhat higher and are watched as a signal of how long it takes laid-off workers to find new jobs. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nInitial claims\nNot yet confirmed for this week\nNot yet published\n\n\nContinuing claims\nNot yet confirmed for this week\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\nBond yields could fall\, dollar may soften\, stocks may rise on rate-cut hopes\nMore people than expected filed for unemployment\, suggesting the labour market is cooling faster\n\n\nIn line with consensus\nLimited market reaction\, focus shifts to other data\nThe labour market is behaving broadly as economists expected\n\n\nBelow consensus\nYields could rise\, dollar may strengthen\, some pressure on rate-cut expectations\nFewer people than expected filed for unemployment\, pointing to a still-resilient jobs market\n\n\n\nWhy it matters this week\nWeekly claims data feeds directly into how the Federal Reserve reads the health of the US labour market between the monthly non-farm payrolls reports. A run of readings staying near recent levels\, broadly in the 200\,000 to 210\,000 range according to Investing.com\, has generally been read as consistent with a labour market that is cooling gradually rather than cracking. \nBecause this is one weekly data point among many the Fed considers alongside inflation and growth figures\, a single reading rarely shifts policy on its own. Traders instead watch for a sustained trend\, several weeks in a row moving in the same direction\, before adjusting expectations for the Fed’s next move. \nWhat It Means for Your Money\nIf claims come in higher than expected\, it can be read as a sign that jobs are becoming harder to hold onto\, which sometimes leads investors to expect interest rate cuts sooner. That can push mortgage and savings rates down over time\, though the effect from a single week’s data is usually small. \nA weaker labour market reading can also affect stock markets and pensions invested in them\, sometimes positively in the short term if it raises hopes of lower borrowing costs\, though it can also unsettle markets if it signals a broader slowdown. For anyone with savings in dollars\, a run of weak claims data can weigh on the dollar’s value against the pound and the euro. \nNone of this is likely to change household finances immediately from one release. It is the trend across several weeks\, alongside other reports such as non-farm payrolls\, that tends to matter most for mortgages\, savings rates and job security. \nFrequently Asked Questions\nWhat time is the jobless claims report released?\nThe report is released at 8:30 am ET\, which is 1:30 pm in London\, on Thursday\, November 19\, 2026. \nWhat counts as a big surprise in jobless claims?\nA move of more than around 20\,000 to 30\,000 above or below the consensus forecast is generally seen as a notable surprise that can move bond yields and the dollar. \nWhen is the next jobless claims report?\nThe next weekly report follows on the subsequent Thursday. See the full weekly jobless claims schedule for upcoming dates. \nWhere does the data come from?\nThe figures are published by the US Department of Labor’s Employment and Training Administration\, based on state unemployment insurance filings. \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-november-19-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261119T160500
DTEND;TZID=America/New_York:20261119T170500
DTSTAMP:20260902T085603Z
CREATED:20260902T085603Z
LAST-MODIFIED:20260902T085603Z
UID:2429-1795104300-1795107900@www.financecalendar.com
SUMMARY:WMT Earnings November 2026
DESCRIPTION:Next WMT Quarterly Earnings: Thursday\, November 19\, 2026 at 4:05 pm ET (9:05 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\nQ2 FY27: revenue $187.94bn\, comp sales +2.6% (August 20\, 2026)\nActual\nPending\n\nUpdated September 2\, 2026 \n\n← Previous WMT Quarterly Earnings\nWalmart Inc. (NYSE: WMT) is expected to report its third-quarter fiscal 2027 results on Thursday\, November 19\, 2026\, with the earnings release and management commentary due around 4:05 pm ET (9:05 pm London). Walmart has not yet confirmed this exact date; the company typically reports third-quarter results in the third week of November\, and this page will be updated once Walmart’s investor relations calendar confirms the slot. As the largest retailer in the world by revenue\, Walmart’s results are watched closely as a barometer of consumer spending in the United States and\, increasingly\, of global e-commerce and advertising growth. Full background and the earnings schedule for this series can be found on the US CPI report dates hub\, alongside other market-moving releases this quarter. \nWhat is the WMT Q3 FY2027 earnings release?\nThis is Walmart’s quarterly results announcement covering the three months to roughly October 31\, 2026\, known as the fiscal third quarter of Walmart’s 2027 financial year. Walmart’s fiscal year runs from February to January\, so its “Q3” covers August\, September and October trading\, including the run-up to the US holiday shopping season. The release includes total revenue\, net income\, earnings per share (EPS\, the portion of profit allocated to each share)\, comparable sales for Walmart US and Sam’s Club\, and e-commerce growth. Management also updates guidance for the following quarter and\, at this stage of the year\, for the full fiscal year. The call is hosted by Walmart’s chief executive and chief financial officer\, with analysts from major banks and research firms asking questions afterwards. \nWhen is the WMT earnings call and how to follow it\nWalmart typically issues its earnings release before US markets open and holds an investor call later the same morning\, though some recent quarters have shifted timing. Assuming the pattern from its Q2 fiscal 2027 release on August 20\, 2026\, materials should be published on Walmart’s corporate investor relations site early on the morning of the report\, with a conference call and webcast to follow. Because the November date has not yet been formally confirmed by Walmart\, readers should check the company’s official investor relations page closer to the date for the exact time. Live coverage typically appears on major financial news sites and business channels\, and the audio webcast is usually archived on Walmart’s site afterwards for anyone who cannot follow it live. \nWhat to expect\nWalmart does not routinely publish a formal earnings-per-share estimate itself\, but management gave forward guidance alongside its second-quarter results on August 20\, 2026. At that point the company said it expected adjusted EPS of $0.62 to $0.64 for the third quarter of fiscal 2027\, with net sales growing 3.0% to 3.75% in constant currency and adjusted operating income growing 2.0% to 4.0%\, according to Walmart’s official Q2 FY27 earnings release. Independent analyst consensus for the November report has not yet been published; a wider Wall Street consensus typically firms up in the weeks before the release as analysts update their models following the prior quarter’s results. \nInvestors will focus on several areas: whether US comparable sales momentum from the second quarter\, when Walmart US comp sales grew 2.6%\, has carried into the holiday run-up; the pace of e-commerce growth\, which grew 23% globally in the second quarter; and the health of Walmart’s advertising and membership businesses\, including Walmart Connect\, which grew strongly in the prior quarter. Analysts will also watch commentary on tariff-related costs and price adjustments\, an issue Walmart’s chief financial officer discussed directly after the August results\, and any change to full-year guidance given the approach of the holiday quarter. \nA verified table of the last four quarters’ revenue and EPS against estimates is not included here because not all of the underlying figures for upcoming periods are yet confirmed on Walmart’s investor relations site. Readers wanting the full historical run of results can find them directly on Walmart’s corporate investor relations pages. \nWhat the outcome could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nBeat on revenue and EPS\, guidance raised\nShares likely to rise; seen as a sign of resilient consumer spending into the holidays\nWalmart sold more and made more profit than expected\, and expects the trend to continue\n\n\nIn line with guidance\nMuted reaction; focus shifts to holiday-quarter guidance\nResults matched what management had already signalled\, so there is little new information\n\n\nMiss or guidance cut\nShares likely to fall; could weigh on other retailers and consumer discretionary stocks\nWalmart sold less or earned less than expected\, which may signal households are pulling back on spending\n\n\n\nWhat It Means for Your Money\nWalmart is one of the largest single holdings in many US and global index funds\, so its results feed directly into pension pots and workplace investment schemes that track the S&P 500 or broad US equity indices\, even for savers who have never bought a Walmart share directly. A strong report can lift confidence in US consumer spending broadly\, which tends to support other retail and consumer goods shares; a weak one can do the opposite and drag down the wider sector. For shoppers\, Walmart’s commentary on pricing and costs\, including how it plans to use tariff refunds to hold down prices\, can offer an early signal of whether US grocery and household goods prices are likely to rise or fall into the new year. The dollar can also move modestly on unexpectedly strong or weak US consumer data of this kind\, which has knock-on effects for the pound\, the euro and import costs for UK and European businesses that price goods in dollars. None of this is likely to move mortgage or savings rates directly\, but it forms part of the broader picture the Federal Reserve and other central banks use when judging the strength of the US economy. \nRelated events\n\nWalmart’s second-quarter fiscal 2027 results\, reported August 20\, 2026\nUS retail sales data for October and November 2026\, published by the US Census Bureau\nOther major US retailer earnings reporting around the same week\, including Target and Home Depot\n\nFrequently Asked Questions\nWhen exactly will Walmart report Q3 fiscal 2027 earnings?\nWalmart has not yet confirmed the date; November 19\, 2026 is the expected date based on the company’s usual mid-to-late November reporting pattern\, and it will be updated once confirmed. \nWhat was Walmart’s guidance for this quarter?\nIn its August 20\, 2026 release\, Walmart guided to adjusted EPS of $0.62 to $0.64 and net sales growth of 3.0% to 3.75% for the third quarter of fiscal 2027\, according to the company’s official earnings release. \nIs there a published consensus forecast yet?\nA consensus forecast has not yet been published for this specific report; analyst estimates typically firm up closer to the release date. \nWhere can I watch the earnings call live?\nWalmart usually streams its earnings call and webcast through its corporate investor relations website\, with the audio archived afterwards for later listening. \nWhy does Walmart’s report matter outside the United States?\nAs the world’s largest retailer\, Walmart’s sales and pricing commentary are widely used as an indicator of US consumer health\, which feeds into global market sentiment\, currency moves and the outlook for retailers in the UK\, Europe and Asia. \n← Previous WMT Quarterly Earnings
URL:https://www.financecalendar.com/event/wmt-earnings-november-2026/
CATEGORIES:Earnings Season
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261119T183000
DTEND;TZID=America/New_York:20261119T193000
DTSTAMP:20260902T090147Z
CREATED:20260902T090146Z
LAST-MODIFIED:20260902T090147Z
UID:2435-1795113000-1795116600@www.financecalendar.com
SUMMARY:Japan CPI November 2026
DESCRIPTION:Next Japan CPI: Friday\, November 20\, 2026 at 8:30 am JST (6:30 pm ET\, 11:30 pm London). Covers October 2026 data. \n\nConsensus\nNot yet published\nPrior\nCore CPI 1.8% YoY\, headline 1.9% YoY (July 2026)\nActual\nPending\n\nFull schedule and background: Japan CPI. \nUpdated September 2\, 2026 \n\n← Previous Japan CPI\nJapan’s national Consumer Price Index (CPI) for October 2026 is released on Friday\, November 20\, 2026\, at 8:30 am Japan Standard Time\, which is 6:30 pm ET on November 19\, 2026 and 11:30 pm in London on the same evening. The data comes from the Statistics Bureau of Japan\, part of the Ministry of Internal Affairs and Communications\, and covers price changes for October 2026. Full schedule and background on this series: Japan CPI. \nWhat is the Japan CPI?\nThe Consumer Price Index tracks the average change in prices paid by households for a fixed basket of goods and services\, including food\, housing\, transport\, healthcare and recreation. It is the main gauge of inflation in Japan and the figure the Bank of Japan (BoJ) watches most closely when setting interest rates. \nJapan’s statisticians publish three versions each month: the headline figure (all items)\, the figure excluding fresh food (often called “core” in Japan\, and closely tracked by the BoJ)\, and the figure excluding both fresh food and energy (sometimes called “core-core”). Because fresh food and energy prices swing sharply from month to month\, the ex-fresh-food figure is usually treated as the cleanest read on underlying price pressure. \nMarkets watch this release because Japan spent decades fighting deflation\, and the BoJ’s decision to raise interest rates away from near-zero levels in recent years has been justified by inflation staying near or above its 2% target. A CPI print that surprises in either direction can move the yen\, Japanese government bond yields and the Nikkei within minutes of release. \nWhen is the October Japan CPI released?\nThe Statistics Bureau of Japan publishes the release at 8:30 am JST on November 20\, 2026 (6:30 pm ET / 11:30 pm London on November 19). The data is published on the Statistics Bureau of Japan’s CPI page. This report covers October 2026 price data. The previous month’s release\, covering September 2026\, is tracked at Japan CPI October 2026. \nWhat is the consensus forecast?\nA consensus forecast for the October 2026 reading has not yet been published by major polling services at the time of writing. Economists’ estimates typically firm up in the days immediately before release\, once the Tokyo CPI figure for the following month (a leading indicator for the national number) has been published. \nThe most recent confirmed official readings\, from the Statistics Bureau of Japan via Trading Economics\, show headline inflation running at 1.9% year-on-year and the ex-fresh-food (“core”) figure at 1.8% year-on-year for July 2026\, both matching or nearing market expectations at the time. \n\n\n\nMeasure\nPrior (most recent confirmed print)\nConsensus\n\n\n\n\nHeadline CPI (YoY)\n1.9% (July 2026)\nNot yet published\n\n\nCore CPI\, ex-fresh food (YoY)\n1.8% (July 2026)\nNot yet published\n\n\n\nNote: figures for August and September 2026 were not independently verifiable from official sources at the time this page was prepared. Readers should treat the July 2026 figures as the last confirmed data point pending the official September release ahead of this report. \nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nYen could strengthen\, Japanese government bond yields may rise on expectations of further BoJ tightening\nInflation is running hotter than expected\, adding pressure on the BoJ to consider raising rates again\n\n\nIn line with consensus\nLimited market reaction\, existing BoJ policy path stays intact\nPrices are behaving broadly as expected\, so investors are unlikely to shift bets on the next rate move\n\n\nBelow consensus\nYen could weaken\, bond yields may ease on reduced tightening expectations\nInflation is cooling faster than forecast\, which could make the BoJ more cautious about further rate rises\n\n\n\nThese are possible market reactions\, not predictions. Actual moves depend on the size of any surprise\, the wider global backdrop and what other central banks are doing at the same time. \nWhy does this release matter right now?\nThe BoJ has spent the past two years gradually raising its policy rate from near-zero\, and in its July 2026 Outlook for Economic Activity and Prices\, the Bank said underlying inflation is expected to rise gradually toward a level “generally consistent with the price stability target” between the second half of fiscal 2026 and fiscal 2027. An October CPI reading that runs hotter than this path would strengthen the case for another rate rise; a reading that undershoots would support a more patient BoJ. \nInflation had been running above the BoJ’s 2% target for much of the past two years\, driven partly by food prices and the phasing out of government energy subsidies that had previously held down utility bills. Whether October’s data shows that trend persisting\, or easing as base effects fade\, will shape expectations for the BoJ’s next policy meeting. \nWhat It Means for Your Money\n\nMortgages and loans: if the data supports further BoJ rate rises\, Japanese mortgage and business borrowing costs could edge higher\, a shift from decades of ultra-cheap credit in Japan.\nSavings: higher Japanese rates would mean better returns on yen deposits and savings accounts after years of near-zero interest.\nJobs and wages: persistent inflation above target keeps pressure on Japanese employers to raise wages\, which the BoJ has flagged as a key condition for durable inflation.\nCurrencies: a stronger yen\, which tends to follow a hot CPI print and rate-rise expectations\, makes Japanese exports pricier abroad but imports and overseas holidays cheaper for Japanese households. It also affects anyone holding yen-denominated assets or hedging exposure to the currency.\nInvestments and pensions: global investors in Japanese equities and bonds watch this release closely\, since BoJ policy shifts affect Japanese government bond yields\, which in turn influence global fixed income markets and pension fund returns.\n\nRelated events\n\nPrevious release: Japan CPI October 2026 (September 2026 data)\nTokyo CPI\, usually published around three weeks before the national figure and treated as a leading indicator for it\nThe next Bank of Japan policy decision\, which weighs this CPI print alongside wage and growth data\n\nFrequently Asked Questions\nWhat time is the Japan CPI released?\nThe Statistics Bureau of Japan releases the report at 8:30 am JST on November 20\, 2026\, which is 6:30 pm ET and 11:30 pm London time on November 19\, 2026. \nHow should I read the headline versus core figures?\nThe headline figure includes all items\, while the core figure (ex-fresh food) is the BoJ’s preferred gauge because it strips out volatile fresh food prices; the core-core figure removes energy as well for an even steadier read. \nHow does this data affect Bank of Japan interest rate decisions?\nThe BoJ uses CPI trends\, alongside wage growth\, to judge whether inflation is sustainably near its 2% target\, which is a key input into its interest rate decisions. \nWhere can I find the official release?\nThe data is published directly by the Statistics Bureau of Japan. \nWhen is the next Japan CPI release?\nThe following month’s report\, covering November 2026 data\, is typically published in mid to late December 2026 by the Statistics Bureau of Japan. \n← Previous Japan CPI
URL:https://www.financecalendar.com/event/japan-cpi-november-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261119T200000
DTEND;TZID=America/New_York:20261119T210000
DTSTAMP:20260902T093159Z
CREATED:20260902T093158Z
LAST-MODIFIED:20260902T093159Z
UID:2443-1795118400-1795122000@www.financecalendar.com
SUMMARY:PBoC Loan Prime Rate November 2026
DESCRIPTION:Next PBoC Loan Prime Rate: Friday\, November 20\, 2026 at 9:00 am CST (8:00 pm ET\, 1:00 am London). \n\nConsensus\nNot yet published\nPrior\nHeld at 3.0% (1-year) / 3.5% (5-year)\, unchanged since at least April 2026\nActual\nPending\n\nFull schedule and background: PBoC Loan Prime Rate. \nUpdated September 2\, 2026 \n\n← Previous PBoC Loan Prime Rate\nThe People’s Bank of China (PBoC) announces its Loan Prime Rate (LPR) decision for November 2026 on Friday\, November 20\, 2026\, at 9:00 am China Standard Time\, which is 8:00 pm ET on Thursday\, November 19\, and 1:00 am London time on Friday. The LPR is China’s benchmark lending rate\, published monthly and used as the reference point for new bank loans and mortgages across the country. Full schedule and background: PBoC Loan Prime Rate. \nWhat is the PBoC and what does it decide?\nThe People’s Bank of China is the country’s central bank. Unlike the US Federal Reserve or the Bank of England\, it does not set a single headline interest rate through a vote by a rate-setting committee. Instead\, the PBoC calculates and publishes the Loan Prime Rate each month based on submissions from a panel of 18 designated commercial banks\, which quote the rate they charge their best corporate customers. \nThere are two LPR figures: the one-year rate\, which anchors most new corporate and consumer loans\, and the five-year-plus rate\, which is the reference point for mortgage pricing. The PBoC’s Monetary Policy Committee\, an advisory body rather than a voting board\, meets quarterly to review broader policy settings\, but the LPR itself is fixed on the 20th of each month (or the next business day if that falls on a weekend or holiday)\, based on the previous day’s bank submissions. \nChanges in the LPR flow through to the real economy quickly. A lower one-year LPR reduces borrowing costs for small businesses and consumer loans\, while a lower five-year LPR cuts the cost of new mortgages\, a lever Beijing has used repeatedly to support its property sector. \nWhen is the November PBoC decision announced?\nThe November 2026 fixing is released on Friday\, November 20\, 2026\, at 9:00 am local time in Beijing (8:00 pm ET the previous evening\, 1:00 am London time). There is no accompanying press conference or written statement in the way the Federal Reserve or European Central Bank publish one. The PBoC simply posts the one-year and five-year LPR figures on its official website\, alongside the results of the loan prime rate quoting mechanism. \nAny broader signal on policy direction typically comes separately\, through the PBoC’s quarterly Monetary Policy Report or statements around reserve requirement ratio changes\, rather than through commentary tied to the LPR release itself. \nWhat to expect\nAs of the most recent verified reading\, the PBoC held the one-year LPR at 3.0% and the five-year LPR at 3.5% in April 2026\, marking an 11th consecutive month without a change\, according to CNBC. That freeze reflected resilient first-quarter growth and policymakers’ preference to hold back stimulus while assessing external risks\, including the impact of higher global oil prices at the time. \nA formal\, widely published consensus forecast in the style of a Reuters poll is not routinely produced for the monthly LPR fixing in the way it is for Federal Reserve or Bank of England meetings. Economists watching Chinese policy generally frame their expectations around whether the PBoC will use other tools first\, such as the reserve requirement ratio or open market operations\, before adjusting the LPR itself. \n\n\n\nMeeting\nDecision\nRate after meeting (1-year / 5-year)\n\n\n\n\nApril 2026\nHeld\n3.0% / 3.5%\n\n\n\nOnly the April 2026 fixing above has been independently verified against a primary source at the time of writing. Readers should check the PBoC’s own release for the confirmed history of monthly fixings between April and November 2026. \nMarket impact scenarios\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nHold\nRead as a signal that Beijing sees current growth and inflation conditions as manageable without fresh stimulus\nBorrowing costs for mortgages and business loans in China stay the same\n\n\nCut\nTypically read as a sign of concern about slowing growth\, weak property demand or soft consumer spending\nCheaper loans and mortgages in China\, but a signal the economy may need support\n\n\nGuidance shift via other tools\nAnalysts watch reserve requirement ratio changes or liquidity operations as an alternative to moving the LPR directly\nBanks may have more cash to lend even if the headline LPR does not move\n\n\n\nWhat will the statement and press conference signal?\nThere is no press conference tied to the LPR fixing\, so markets instead look for context clues: comments from PBoC officials in state media\, the pace of medium-term lending facility operations\, and any adjustment to bank reserve requirements in the days around the announcement. Analysts also watch whether commercial banks’ net interest margins are under pressure\, since squeezed bank profitability can make lenders reluctant to lower their LPR quotes even if the PBoC wants looser policy. \nDissent in the formal sense does not apply here\, since the LPR is a weighted average of submissions from the 18 quoting banks rather than a committee vote. The main risk analysts flag is a mismatch between the LPR and the property market: if mortgage demand stays weak despite low rates\, further mortgage-specific support measures could follow outside the LPR mechanism itself. \nWhat It Means for Your Money\nFor people with loans or mortgages in China\, a lower five-year LPR directly reduces the reference rate used to price new and\, in many cases\, existing floating-rate mortgages\, lowering monthly repayments. A hold keeps repayments unchanged. For savers in China\, deposit rates tend to move in the same direction as the LPR over time\, so a prolonged freeze also means little change to returns on bank deposits. \nOutside China\, the LPR decision matters mainly through its effect on global growth expectations and the exchange rate. A weaker Chinese economy\, signalled by repeated LPR cuts\, can dampen demand for commodities and goods exported by the UK\, eurozone and other Asian economies\, while affecting the value of the yuan against the dollar and pound. Investors holding shares in companies with significant China exposure\, including luxury goods\, mining and semiconductor firms\, and those holding funds or pensions with emerging market allocations\, may see indirect effects on portfolio values. Currency traders also watch the fixing for signals about the yuan’s managed exchange rate band. \nRelated events\n\nPrevious decision: PBoC Loan Prime Rate\, October 2026\nFull PBoC LPR schedule and background: PBoC Loan Prime Rate hub\nChina’s monthly inflation and trade data releases\, published in the weeks before the LPR fixing\, are typically the key inputs the PBoC weighs when setting the rate\n\nFrequently Asked Questions\nWhat time is the November 2026 PBoC LPR announced?\nThe fixing is published at 9:00 am China Standard Time on Friday\, November 20\, 2026\, which is 8:00 pm ET the previous evening and 1:00 am London time. \nWhat is the current Loan Prime Rate?\nAs of the most recently verified reading\, the one-year LPR stood at 3.0% and the five-year LPR at 3.5%\, unchanged since April 2026\, according to CNBC’s report on the April fixing. \nWill the PBoC cut rates in November 2026?\nThere is no widely published consensus forecast for this specific fixing. Whether the PBoC holds or cuts depends on incoming growth\, inflation and property market data\, and any decision should be treated as a possibility rather than a prediction. \nWhen is the next PBoC LPR decision?\nThe PBoC fixes the LPR monthly\, typically on the 20th of each month or the next business day. Check the PBoC Loan Prime Rate hub for the next confirmed date. \nWhere can I see the official LPR figures?\nThe PBoC publishes the fixing on its own website\, at pbc.gov.cn. \n← Previous PBoC Loan Prime Rate
URL:https://www.financecalendar.com/event/pboc-loan-prime-rate-november-2026/
CATEGORIES:Central Banks & Monetary Policy
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261120T020000
DTEND;TZID=America/New_York:20261120T030000
DTSTAMP:20260902T090007Z
CREATED:20260902T090007Z
LAST-MODIFIED:20260902T090007Z
UID:2433-1795140000-1795143600@www.financecalendar.com
SUMMARY:UK Retail Sales November 2026
DESCRIPTION:Next UK Retail Sales: Friday\, November 20\, 2026 at 7:00 am GMT (2:00 am ET\, 7:00 am London). Covers October 2026 data. \n\nConsensus\nNot yet published\nPrior\nSeptember 2026 reading not yet independently confirmed\nActual\nPending\n\nFull schedule and background: UK Retail Sales. \nUpdated September 2\, 2026 \n\n← Previous UK Retail Sales\nUK Retail Sales for October 2026 is released on Friday\, November 20\, 2026 at 7:00am London time (2:00am ET) by the Office for National Statistics (ONS). The release covers retail sales volumes and values for October 2026\, the ONS’s monthly gauge of how much people in Great Britain are spending in shops\, supermarkets and online. Full schedule and background: UK Retail Sales. \nWhat is UK Retail Sales?\nUK Retail Sales measures the total value and volume of goods sold by retailers in Great Britain\, covering food stores\, department stores\, clothing\, household goods\, fuel and online retail. The ONS collects sales data from a sample of around 5\,000 businesses\, including many of the largest retailers\, and grosses this up to represent the whole retail sector. \nThe headline figures come in two forms: value (how much money was spent\, unadjusted for prices) and volume (the quantity of goods bought\, which strips out the effect of price changes). Volume is the figure markets and the Bank of England watch most closely\, because it shows whether households are actually buying more or less\, rather than simply paying more for the same basket of goods. \nRetail sales matter because consumer spending is one of the largest components of the UK economy. A run of weak retail figures can signal that households are cutting back\, which feeds into growth forecasts\, wage-setting decisions and the Bank of England’s view on where to set interest rates. A stronger-than-expected reading can raise concerns about inflation if demand is outpacing supply\, while a weak reading can support the case for interest rate cuts. \nWhen is the October 2026 Retail Sales report released?\nThe ONS is scheduled to publish the October 2026 Retail Sales bulletin on November 20\, 2026 at 7:00am London time\, which is 2:00am ET in New York. The data is published on the ONS website as part of its release calendar\, alongside detailed datasets covering value and volume sales by sector\, seasonally and non-seasonally adjusted. \nWhat is the consensus forecast?\nAt the time of writing\, a consensus forecast for the October 2026 UK Retail Sales report has not yet been published by major polling services such as Reuters or Bloomberg. These forecasts are typically released in the days immediately before the data\, so check back closer to November 20\, 2026 for an updated figure. \nThe prior reading\, for September 2026\, was published by the ONS in its Retail Sales\, Great Britain bulletin. The exact percentage change for that month could not be independently confirmed from publicly available sources at the time this preview was written\, so no specific figure is quoted here to avoid misrepresenting the ONS’s own numbers. Readers should treat the September 2026 print\, once confirmed\, as the baseline against which the October reading is judged. \n\n\n\nMeasure\nPrior (September 2026)\nConsensus (October 2026)\n\n\n\n\nRetail sales volume\, month-on-month\nAwaiting confirmation from ONS release\nNot yet published\n\n\nRetail sales volume\, excluding fuel\nAwaiting confirmation from ONS 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\nSterling could firm slightly and gilt yields may edge higher if traders see stronger consumer demand as a reason for the Bank of England to hold rates for longer\, according to analysts who track UK retail data\nHouseholds appear to be spending more than expected\, which is generally a sign of confidence in jobs and incomes\n\n\nIn line with consensus\nA limited market reaction\, since the data confirms the existing view of the economy priced in by traders\nSpending is behaving broadly as expected\, so nothing changes for most people\n\n\nBelow consensus\nSterling could soften and expectations for a Bank of England rate cut may firm\, according to economists who watch consumer spending as a growth indicator\nHouseholds appear to be pulling back on spending\, which can be an early sign of a slowing economy\n\n\n\nWhy does this release matter right now?\nRetail sales sit alongside inflation and labour market data as one of the key inputs the Bank of England’s Monetary Policy Committee uses to judge the strength of the UK economy. Retailers themselves have reported a mixed trading environment through 2026\, with Retail Week’s tracking of ONS figures noting that sales rebounded early in the year after a difficult 2025\, though growth has remained uneven month to month. \nThe Bank of England weighs retail spending against wage growth\, mortgage costs and inflation when it sets interest rates\, so a clear change in the retail trend\, in either direction\, can shift expectations for the next rate decision. A run of soft retail figures alongside cooling inflation would support the case for further rate cuts\, while resilient spending could see the Bank hold rates for longer to guard against inflation picking back up. \nWhat It Means for Your Money\n\nMortgages and borrowing: Weak retail sales can add to the case for lower interest rates\, which would eventually feed through to cheaper mortgage deals and other borrowing costs for UK households.\nSavings: If the data pushes expectations towards rate cuts\, savings account and fixed-term bond rates could start to edge down in the following weeks.\nJobs and wages: Retail is one of the UK’s largest employers\, so a sustained slowdown in sales can eventually show up in hiring and pay decisions at retailers and their suppliers.\nPrices: Retail sales volumes strip out price changes\, so a weak reading alongside high prices suggests households are having to cut back on how much they buy\, even if they are spending the same amount of money.\nInvestments\, pensions and the pound: Sterling and UK-focused shares\, particularly retailers and consumer goods companies\, can move on the day of release. Pension funds with UK equity exposure may see modest swings\, and the pound’s reaction can affect the cost of importing goods\, from European wine to Asian electronics.\n\nRelated events\n\nPrevious release: UK Retail Sales\, October 2026 release (September 2026 data)\nUK Consumer Prices Index (CPI)\, published shortly before retail sales each month\, sets the inflation backdrop against which spending figures are read\nBank of England Monetary Policy Committee decisions\, which weigh retail spending alongside inflation and jobs data when setting interest rates\n\nFrequently Asked Questions\nWhat time is UK Retail Sales released on November 20\, 2026?\nThe ONS publishes the report at 7:00am London time\, which is 2:00am ET in New York. \nHow should I read the headline retail sales figure?\nFocus on the volume figure rather than the value figure\, since volume strips out price changes and shows whether people are actually buying more or fewer goods. \nHow does retail sales data affect UK interest rates?\nThe Bank of England uses retail spending as one gauge of economic strength; consistently weak sales can support arguments for interest rate cuts\, while resilient sales can support holding rates steady. \nWhere can I find the official ONS release?\nThe bulletin and underlying datasets are published on the ONS website through its release calendar\, under Business\, Industry and Trade. \nWhen is the next UK Retail Sales release after this one?\nThe ONS publishes Retail Sales\, Great Britain monthly\, typically around three to four weeks after the end of the reference month\, so the following release covering November 2026 data is expected in December 2026. \n← Previous UK Retail Sales
URL:https://www.financecalendar.com/event/uk-retail-sales-november-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261120T100000
DTEND;TZID=America/New_York:20261120T110000
DTSTAMP:20260825T104634Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104634Z
UID:1341-1795168800-1795172400@www.financecalendar.com
SUMMARY:US University of Michigan Consumer Sentiment November 2026
DESCRIPTION:Next US University of Michigan Consumer Sentiment: Friday\, November 20\, 2026 at 10:00 am ET (3:00 pm London). \n\nConsensus\nNot yet published\nActual\nPending\n\nUpdated August 25\, 2026 \n\n← Previous US University of Michigan Consumer SentimentNext US University of Michigan Consumer Sentiment →\nThe University of Michigan will release the final reading of its Consumer Sentiment Index for November 2026 on Friday\, November 20\, 2026\, at 10:00 a.m. Eastern Time. This release is the last major consumer confidence reading before the Thanksgiving holiday period in the United States\, and will inform market expectations about consumer spending in the critical Black Friday and holiday shopping season. Consensus forecasts are not yet available at the time of writing. A preliminary November reading will be published on Friday\, November 6\, 2026. \nWhat Is the University of Michigan Consumer Sentiment Index?\nThe University of Michigan’s Surveys of Consumers is a monthly telephone survey of approximately 500 US consumers measuring perceptions of personal financial conditions\, broader economic expectations\, and buying intentions across major categories including homes\, vehicles\, and durable goods. Published since 1952\, it is one of the world’s most authoritative consumer confidence measures and carries particular significance for Federal Reserve policymakers via its inflation expectations components. \nTwo readings are released each month: a preliminary estimate (second Friday) and a final reading (fourth Friday). For November 2026\, these will be November 6 (preliminary) and November 20 (final). The sub-indices for current economic conditions and consumer expectations\, as well as one-year and five-year inflation expectations\, are closely monitored alongside the composite headline figure. \nThe index has a long-run average of approximately 84.5 since 1952. The May 2026 reading of 44.8 set an all-time record low\, driven by energy price anxiety\, persistent goods inflation\, and geopolitical uncertainty. The survey’s trajectory through the second half of 2026 will be a key barometer of whether any macroeconomic improvement is registering in household confidence. \nConsumer Sentiment: November 20\, 2026\nThe November 20 final reading arrives at a pivotal time: it represents the last sentiment measurement before the Thanksgiving-to-Christmas holiday shopping period\, which typically accounts for a significant share of annual consumer spending for retailers. A reading that is higher than recent lows would be interpreted as a positive signal for holiday spending intentions\, supporting consumer discretionary equities. A continued depressed reading would raise concerns about a disappointing holiday season. \nBy November 20\, markets will have received several months of additional macro data not available at the time of writing\, including CPI\, PPI\, retail sales\, and employment reports. The trajectory of energy prices through the autumn and the outcome of Federal Reserve meetings in September and October will have substantially shaped consumer expectations by this point. If the FOMC December 2026 rate decision is already signalled as a cut\, consumer borrowing cost expectations may have improved\, potentially supporting a sentiment recovery. \nThe November 20 reading is also notable for its context relative to the Thanksgiving holiday: the survey fieldwork for the final reading is conducted through the third week of November\, capturing consumer sentiment ahead of the holiday and any associated spending decisions. Retail sector participants track the UMich November reading carefully as an early signal for the shopping season. \nWhy This Release Matters\nConsumer sentiment is a leading indicator of household spending\, which accounts for approximately 70% of US GDP. In the context of 2026’s record-low readings\, any meaningful recovery in the November UMich index would be a positive signal for Q4 2026 GDP estimates and for consumer-facing equities broadly. Retailers\, consumer staples companies\, travel operators\, and automotive manufacturers are the sectors most directly influenced by the monthly sentiment readings. \nFor the Federal Reserve\, the November 20 reading arrives just three weeks before the December meeting. If sentiment shows a meaningful recovery alongside moderating inflation data\, it would validate the case for an easing cycle and support risk assets broadly. If sentiment remains severely depressed even as inflation moderates\, it would signal that households are not yet sensing the improvement in purchasing power that disinflation theoretically delivers. \nThe inflation expectations components of the November survey will also be closely watched. If one-year inflation expectations have declined from the elevated levels of early 2026\, it would confirm that consumers believe the worst of the price shock is past\, a critical input for the Fed’s assessment of whether longer-run expectations remain anchored. \nWhat to Watch For\n\nAbove consensus — An improving headline index would be constructive for holiday retail expectations and consumer discretionary equities. A reading above 55 would represent a meaningful recovery from the 44.8 May low and could signal that conditions are normalising. Declining inflation expectations alongside a higher headline would be particularly positive for the bond market and Fed positioning.\nIn line with consensus — A neutral result would provide no new directional information. Focus would shift to the current conditions versus expectations gap: if expectations are improving faster than current conditions\, it signals forward-looking optimism that may precede a broader recovery.\nBelow consensus — Further deterioration from already record lows would be a significant negative signal for the holiday shopping season and for consumer-facing equities more broadly. If accompanied by rising inflation expectations\, it presents the Fed with the stagflationary dilemma of falling demand alongside persistent price pressures.\n\nHistorical Context\n\n\n\nRelease Date\nReference Month\nIndex Reading\nChange\n\n\n\n\nMay 30\, 2026\nMay 2026\n44.8 (record low)\n-5.0\n\n\nApril 25\, 2026\nApril 2026\n49.8\n—\n\n\nJanuary 30\, 2026\nJanuary 2026\n57.3\n+0.9\n\n\n\nSource: University of Michigan Surveys of Consumers. Long-run average: 84.5. All-time high: 111.4 (January 2000). \nMarket Positioning\nBy November 2026\, the University of Michigan Consumer Sentiment Index will have been tracking at historically depressed levels for the better part of a year. The key question for the November 20 final reading is whether conditions have improved enough to generate a visible improvement in the headline figure. Market participants will be assessing several developments that have unfolded since the record May 2026 low: the direction of energy prices\, the pace of disinflation in core goods and services\, the health of the labour market\, and the cumulative effect of any Federal Reserve policy adjustments. The October UMich reading\, released October 23\, will be the most recent comparable data point when markets approach the November 20 release. \nRelated Events This Week\n\nUS CPI Report November 2026 — Released November 10\, the latest CPI data will frame how consumers are experiencing price pressures ahead of the November 20 sentiment survey completion.\nUS Retail Sales November 2026 — Released the same week\, retail sales will show whether current sentiment is translating into actual consumer behaviour\, testing the relationship between the confidence index and spending.\nFOMC Rate Decision December 2026 — The December Fed meeting is three weeks away from this release\, making November consumer sentiment a late input to the December rate decision debate.\n\nFrequently Asked Questions\nWhat does the University of Michigan Consumer Sentiment Index measure?\nThe index measures household assessments of their personal financial situation\, current buying conditions\, and economic expectations for the next year and five years. It is derived from monthly telephone surveys of approximately 500 US consumers and has been published continuously since 1952\, making it one of the most established consumer confidence gauges in the world. \nWhen is the November 2026 final reading released?\nThe final reading of the University of Michigan Consumer Sentiment Index for November 2026 is scheduled for Friday\, November 20\, 2026\, at 10:00 a.m. Eastern Time. A preliminary reading will be published on Friday\, November 6\, 2026. \nWhy does the November UMich reading matter for holiday retail?\nThe November sentiment reading arrives just before the Black Friday and Cyber Monday shopping events that traditionally launch the holiday retail season in the United States. Consumer confidence is a strong predictor of holiday spending intentions: households that feel confident about their finances are more likely to increase gift and discretionary spending\, while those who feel pessimistic tend to pull back. Retailers and consumer sector analysts use the November UMich reading as one of several data points in calibrating holiday sales forecasts.
URL:https://www.financecalendar.com/event/us-university-of-michigan-consumer-sentiment-november-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261123T000000
DTEND;TZID=America/New_York:20261123T235959
DTSTAMP:20260902T133806Z
CREATED:20260902T133806Z
LAST-MODIFIED:20260902T133806Z
UID:2567-1795392000-1795478399@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Labor Thanksgiving Day 2026? TSE/JPX Hours
DESCRIPTION:Tokyo Stock Exchange (JPX) are closed on Monday\, November 23\, 2026 for Labor Thanksgiving Day. \n\nNext holiday\nNew Year's Eve (Market Holiday)\, December 31\, 2026\nRegular hours\n9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST\n\nFull schedule and background: TSE/JPX Holidays. \nUpdated September 2\, 2026 \n\n← Previous TSE/JPX Holidays\nThe Tokyo Stock Exchange (JPX) is closed on Monday\, November 23\, 2026 for Labor Thanksgiving Day\, a national holiday in Japan. No cash equity trading takes place on the JPX main board that day\, and orders entered through Japanese brokers will queue for the next trading session. Full schedule and background: TSE/JPX Holidays. \nBecause Labor Thanksgiving Day falls on a Monday in 2026\, it creates a long weekend for Japanese markets\, with the previous trading day being Friday\, November 20\, 2026 and the next trading day being Tuesday\, November 24\, 2026. \nWhich markets are closed on Labor Thanksgiving Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nTokyo Stock Exchange (cash equities)\nClosed\nNational holiday\, no regular session\n\n\nOsaka Exchange / JPX derivatives (regular session)\nClosed\nRegular futures and options trading suspended\n\n\nJPX holiday trading (index futures/options)\nClosed for this date\nAccording to Japan Exchange Group\, markets will not open for holiday trading on November 23\, 2026 due to group-wide business continuity planning (BCP) testing from November 21 to 23\n\n\nNew York Stock Exchange / Nasdaq\nOpen (regular hours)\nA normal Monday session in the US\, no US holiday that day\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nNo UK public holiday falls on this date\n\n\nEuronext\nOpen (regular hours)\nNo eurozone holiday scheduled for this date\n\n\nUS Treasury / bond markets\nOpen (regular hours)\nNo SIFMA recommended closure that day\n\n\n\nInvestors trading Japanese shares\, ETFs or JPX-listed derivatives from London\, New York or elsewhere should expect no price updates from Tokyo during their working day on November 23. \nIs the market open the day before and after?\nYes\, on both sides of the holiday. Friday\, November 20\, 2026 is a full regular trading day on the JPX\, with normal hours of 9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST. The exchange is closed all day Monday\, November 23\, and resumes normal hours on Tuesday\, November 24\, 2026. There is no early close attached to this holiday: JPX simply does not open at all. \nWhy do markets close for Labor Thanksgiving Day?\nLabor Thanksgiving Day is a Japanese national holiday held every November 23\, established after the Second World War to celebrate labour and production and to give thanks to one another for the fruits of that work. As a designated national holiday\, it falls under Japan’s Bank Holiday Law\, which closes government offices\, banks and the stock exchange for the day. \nBecause in 2026 the holiday coincides with a JPX group-wide business continuity planning test\, according to the Japan Exchange Group even the special holiday trading session that sometimes runs on index futures and options during Japanese holidays will not operate on November 23. This is affects a small segment of derivatives traders who might otherwise expect a partial session. \nWhat It Means for Your Money\nIf you hold Japanese shares\, J-REITs or Nikkei-linked ETFs through an international broker\, any order placed on November 23 will simply queue and execute at the next available price on Tuesday\, November 24\, 2026\, so the price you eventually get may differ from what you expected on the holiday itself. Settlement of any Friday trades follows Japan’s standard T+2 cycle\, so a trade done on Friday\, November 20 settles on Tuesday\, November 24 once the holiday is skipped. Dividend record dates and options expiries that would normally fall on November 23 are typically shifted to the next trading day by the exchange. Bank transfers within Japan may also be delayed a day\, since banks observe the same national holiday. Currency markets\, including the yen\, continue trading as usual because foreign exchange is not centred on a single exchange\, and cryptocurrency markets keep trading 24/7 regardless of the JPX closure. Pension funds and other investors with Japan exposure will simply see no fresh Tokyo pricing data for one extra day\, which can matter for anyone rebalancing a portfolio around month-end. \nRemaining TSE/JPX Holidays in 2026\n\nNew Year’s Eve (Market Holiday)\, December 31\, 2026\n\nFrequently Asked Questions\nIs the stock market open on Labor Thanksgiving Day 2026?\nNo. The Tokyo Stock Exchange is closed on Monday\, November 23\, 2026 for Labor Thanksgiving Day\, and JPX-affiliated derivatives markets are also shut that day. \nIs the bond market open on November 23\, 2026?\nJapanese government bond trading follows the same exchange holiday\, but bond markets in the US\, UK and eurozone operate normally that day since it is not a holiday in those regions. \nWhat time does the Tokyo Stock Exchange close the day before the holiday?\nOn Friday\, November 20\, 2026\, the JPX keeps its normal hours\, closing at 3:30 pm JST with no early close. \nWhen is the next TSE/JPX market holiday after this one?\nThe next scheduled closure is New Year’s Eve (Market Holiday) on December 31\, 2026. \nAre Japanese banks open on Labor Thanksgiving Day?\nNo. Japanese banks observe the same national holiday schedule as the stock exchange\, so branches and some transfer services are closed on November 23\, 2026. \n← Previous TSE/JPX Holidays
URL:https://www.financecalendar.com/event/tse-jpx-labor-thanksgiving-day-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261124T000000
DTEND;TZID=America/New_York:20261124T235959
DTSTAMP:20260902T142934Z
CREATED:20260902T142934Z
LAST-MODIFIED:20260902T142934Z
UID:2573-1795478400-1795564799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Prakash Gurpurb Sri Guru Nanak Dev 2026? NSE India Hours
DESCRIPTION:NSE India are closed on Tuesday\, November 24\, 2026 for Prakash Gurpurb Sri Guru Nanak Dev. \n\nNext holiday\nChristmas\, December 25\, 2026\nRegular hours\n9:15 am to 3:30 pm IST\n\nFull schedule and background: NSE India Holidays. \nUpdated September 2\, 2026 \n\n← Previous NSE India Holidays\nThe National Stock Exchange of India (NSE) is closed on Tuesday\, November 24\, 2026 for Prakash Gurpurb Sri Guru Nanak Dev\, one of the most significant festivals in the Sikh calendar. The Bombay Stock Exchange (BSE) also observes the same trading holiday\, so no equity\, derivatives or currency trading takes place on India’s main exchanges that day. Orders placed on the holiday will simply queue and be processed when trading resumes on the next business day. For a full year-ahead view of closures\, see the NSE India Holidays calendar. \nBecause November 24\, 2026 falls on a Tuesday\, this is a standalone one-day closure rather than part of a long weekend\, assuming Monday November 23 and Wednesday November 25 are otherwise normal trading days. Investors with pending settlement\, dividend payments or options expiring around this date should build the closure into their timing. \nWhich markets are closed on Prakash Gurpurb Sri Guru Nanak Dev 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nNSE equities\nClosed\nNo cash market trading\n\n\nNSE derivatives (F&O)\nClosed\nNo futures or options trading\n\n\nBSE equities\nClosed\nFollows same holiday calendar as NSE\n\n\nNSE currency and commodity derivatives\nClosed\nTrading suspended for the session\n\n\nNew York Stock Exchange (NYSE) and Nasdaq\nOpen (regular hours)\nNot a US holiday\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nNot a UK 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\nIs the market open the day before and after?\nTrading in India runs normally on the sessions immediately before and after the holiday\, at the regular NSE hours of 9:15 am to 3:30 pm IST\, with no early close scheduled around this closure. The last trading session before the holiday is Monday\, November 23\, 2026\, and the next trading day is Wednesday\, November 25\, 2026\, when the exchange reopens at its usual 9:15 am IST start. There is no shortened session either side of the holiday: NSE and BSE either trade full hours or are fully closed\, unlike some Western markets that use early closes around festive periods. \nWhy do markets close for Prakash Gurpurb Sri Guru Nanak Dev?\nPrakash Gurpurb Sri Guru Nanak Dev marks the birth anniversary of Guru Nanak\, the founder of Sikhism and the first of the ten Sikh Gurus. It is one of the most widely celebrated events in the Sikh religious calendar\, observed with prayers\, processions and community meals (langar) across India\, particularly in Punjab and other regions with large Sikh populations. \nIndia’s stock exchanges close for a mix of national public holidays and major religious festivals reflecting the country’s diverse population\, including Hindu\, Muslim\, Sikh\, Christian and other observances. The NSE and BSE publish their full annual trading holiday list in advance each year through official exchange notices\, which is why this closure has been scheduled well ahead of time. \nWhat It Means for Your Money\nIf you hold Indian equities\, mutual funds or exchange-traded funds linked to Indian markets\, any buy or sell orders you place on November 24\, 2026 will not execute until the next trading session on November 25. This matters for settlement: Indian equities generally settle on a T+1 basis\, meaning a trade executed on November 25 would typically settle on November 26\, one business day later than it would if the holiday did not intervene. \nDividend record dates\, options expiries and futures contract rollovers scheduled for November 24 may be shifted to the nearest trading day\, so check with your broker or the relevant company notice if you hold positions expiring around this date. Domestic Indian bank transfers and payroll processing may also be affected\, since many banks in India follow the same regional holiday calendar\, though this varies by state. \nGlobal investors should note that markets outside India\, including the NYSE\, LSE and Euronext\, trade normally\, so global equity indices and currency pairs involving the US dollar\, euro or pound will still move on November 24 even though Indian markets are shut. Cryptocurrency markets are unaffected by any exchange holiday and continue trading 24 hours a day\, seven days a week\, including on this date. \nRemaining NSE India holidays in 2026\n\nChristmas\, December 25\, 2026 (Closed)\n\nAfter Prakash Gurpurb Sri Guru Nanak Dev\, the next scheduled closure on the NSE calendar is Christmas\, December 25\, 2026. Full details of every remaining 2026 closure are listed on the NSE India Holidays hub page\, alongside the exchange’s prior closure for Diwali Balipratipada. \nFrequently Asked Questions\nIs the stock market open on Prakash Gurpurb Sri Guru Nanak Dev in India?\nNo. The NSE and BSE are both closed on November 24\, 2026 for this Sikh religious festival\, and no equity\, derivatives or currency trading takes place. \nIs the bond market open in India on this holiday?\nNo\, government securities and corporate bond trading through NSE and BSE platforms are also suspended for the day\, following the same exchange holiday calendar as equities. \nWhat time does the NSE close the day before the holiday?\nThere is no early close scheduled. The session on Monday\, November 23\, 2026 runs the full regular hours of 9:15 am to 3:30 pm IST. \nWhen is the next NSE India market holiday after this one?\nThe next scheduled closure is Christmas on December 25\, 2026\, according to the official NSE holiday calendar. \nAre Indian banks open on Prakash Gurpurb Sri Guru Nanak Dev?\nBank holidays in India vary by state and are set by the Reserve Bank of India and individual state governments\, so some regional banks may close while others remain open. Check locally if you need to complete a transaction that day. \n← Previous NSE India Holidays
URL:https://www.financecalendar.com/event/nse-india-prakash-gurpurb-sri-guru-nanak-dev-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261124T043000
DTEND;TZID=America/New_York:20261124T053000
DTSTAMP:20260902T090746Z
CREATED:20260902T090746Z
LAST-MODIFIED:20260902T090746Z
UID:2439-1795494600-1795498200@www.financecalendar.com
SUMMARY:Germany Ifo Business Climate November 2026
DESCRIPTION:Next Germany Ifo Business Climate: Tuesday\, November 24\, 2026 at 10:30 am CET (4:30 am ET\, 9:30 am London). \n\nConsensus\nNot yet published\nPrior\n88.8 (August 2026\, most recently confirmed official figure)\nActual\nPending\n\nFull schedule and background: Germany Ifo Business Climate. \nUpdated September 2\, 2026 \n\n← Previous Germany Ifo Business Climate\nThe Germany Ifo Business Climate Index for November 2026 is due on Tuesday\, November 24\, 2026 at 4:30 am ET (9:30 am London\, 10:30 am CET)\, published by the ifo Institute in Munich. The release covers business sentiment gathered from around 9\,000 companies across Germany’s manufacturing\, construction\, wholesale\, retail and service sectors during November. Full schedule and background: Germany Ifo Business Climate. \nWhat is the Ifo Business Climate Index?\nThe Ifo Business Climate Index is a monthly survey-based gauge of how German firms view their current trading conditions and their expectations for the next six months. It is widely regarded as one of the most closely watched early indicators of the health of Europe’s largest economy\, because it tends to move ahead of official GDP and industrial production figures. \nEach month\, the ifo Institute asks thousands of businesses two simple questions: how would you rate your current business situation\, and how do you expect it to develop over the coming six months? The answers are converted into balances and combined into a headline climate index\, alongside two sub-indices: the Current Situation Index and the Expectations Index. A rising index signals improving confidence\, a falling one signals deteriorating sentiment. \nMarkets\, the Bundesbank and the European Central Bank all track the Ifo release because German business sentiment often foreshadows shifts in eurozone growth\, trade flows and hiring intentions. A sharp move in either sub-index\, particularly Expectations\, can shift short-term expectations for eurozone growth and\, at the margin\, the euro exchange rate. \nWhen is the November Ifo Business Climate released?\nThe November reading is scheduled for release on Tuesday\, November 24\, 2026 at 10:30 am CET (4:30 am ET\, 9:30 am London time). It is published directly by the ifo Institute on its website\, alongside a short commentary from ifo’s president and detailed sector breakdowns for manufacturing\, services\, trade and construction. \nWhat is the consensus forecast?\nAs of the time of writing\, a consensus forecast specifically for the November 2026 reading has not yet been published; economist surveys for Ifo are typically compiled and reported by data providers such as Reuters and FXStreet in the days immediately before release. Readers should check FXStreet’s economic calendar closer to the date for an updated median estimate. \nThe most recently confirmed official reading available from the ifo Institute at the time of writing showed the Business Climate Index at 88.8 points in August 2026\, up from 86.7 points in July 2026\, according to the ifo Institute. The October 2026 print\, released on October 26\, 2026\, will be the immediate prior figure for the November release; readers should confirm the exact October value directly at ifo.de as the most up-to-date official prior. \n\n\n\nMeasure\nPrior (August 2026)\nConsensus (November 2026)\n\n\n\n\nBusiness Climate Index\n88.8\nNot yet published\n\n\nCurrent Situation Index\nNot separately confirmed at time of writing\nNot yet published\n\n\nExpectations Index\nNot separately confirmed at time of writing\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 of improving German business confidence; could support the euro modestly\, according to analysts who track eurozone sentiment surveys such as those cited by Investing.com\nFirms are feeling more positive about current trading and the outlook\, which can eventually translate into more hiring and investment\n\n\nIn line with consensus\nLimited immediate market reaction expected\, as the print largely confirms existing expectations\nThe economy is behaving broadly as anticipated\, with no major surprise for growth expectations\n\n\nBelow consensus\nCould be read as a warning sign for eurozone growth and weigh on the euro\, according to commentary from providers such as Investing.com\nBusinesses are more cautious\, which can signal slower hiring\, investment and spending ahead\n\n\n\nThese are possible market reactions described by analysts and data providers\, not predictions of what will happen. \nWhy does this release matter right now?\nGermany’s economy has been navigating a mix of pressures through 2026\, including energy costs\, trade uncertainty and a gradual recovery supported by fiscal stimulus. Ifo President Clemens Fuest noted in earlier 2026 commentary reported by Trading Economics that stronger domestic demand and government spending were supporting sentiment\, while trade uncertainty continued to weigh on exporters. The Ifo survey has shown a broadly improving trend across 2026\, with the headline index climbing from the mid-80s earlier in the year toward the high-80s by mid-year. \nThe European Central Bank watches business sentiment surveys like Ifo alongside inflation and labour data when setting policy\, because deteriorating confidence can foreshadow weaker investment and hiring. A further improvement in November would reinforce the narrative of a gradually stabilising German economy; a setback would revive concerns about the strength of the recovery heading into 2027. \nWhat It Means for Your Money\n\nMortgages and rates: German and eurozone sentiment data feed into the European Central Bank’s broader assessment of growth\, which can influence the pace of future rate changes affecting mortgage costs across the eurozone.\nSavings: If confidence data strengthens the case for the ECB holding rates rather than cutting them\, savers in euro-denominated accounts may see rates hold up for longer than otherwise expected.\nJobs and wages: Business confidence often leads hiring decisions. A weak Ifo reading can be an early sign that companies plan to slow recruitment or investment in Germany\, Europe’s largest labour market.\nInvestments and pensions: German and European equities\, along with funds with eurozone exposure held in pensions\, can react to shifts in business sentiment\, particularly in export-heavy manufacturing sectors.\nCurrencies: The euro can move on surprises in the Ifo release\, which in turn affects the cost of European holidays\, imports and any foreign currency exposure for UK and US investors and travellers.\n\nRelated events\n\nPrevious release: Germany Ifo Business Climate\, October 2026\nFull schedule and history: Germany Ifo Business Climate hub\nRelated eurozone releases and central bank decisions can be found on the financecalendar.com economic calendar\n\nFrequently Asked Questions\nWhat time is the November Ifo Business Climate Index released?\nIt is released at 10:30 am CET (4:30 am ET\, 9:30 am London time) on Tuesday\, November 24\, 2026\, by the ifo Institute. \nHow should I read a change in the Ifo index?\nA rising index signals improving business confidence in Germany\, while a falling index signals weaker sentiment; the Expectations sub-index in particular is watched as a forward-looking signal for the next six months. \nDoes the Ifo Business Climate Index affect interest rates?\nIt is not a direct policy trigger\, but the European Central Bank considers business confidence data such as Ifo alongside inflation and labour market figures when assessing the eurozone growth outlook. \nWhere can I find the official Ifo release?\nThe official data and commentary are published on the ifo Institute’s website. \nWhen is the next Ifo Business Climate release after November?\nThe ifo Institute’s published schedule lists the following release for December 17\, 2026\, per the ifo Institute’s calendar. \n← Previous Germany Ifo Business Climate
URL:https://www.financecalendar.com/event/germany-ifo-business-climate-november-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261124T100000
DTEND;TZID=America/New_York:20261124T110000
DTSTAMP:20260902T090501Z
CREATED:20260902T090501Z
LAST-MODIFIED:20260902T090501Z
UID:2437-1795514400-1795518000@www.financecalendar.com
SUMMARY:US Consumer Confidence November 2026
DESCRIPTION:Next US Consumer Confidence: Tuesday\, November 24\, 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\n91.2 (June 2026\, historical context only; October 2026 figure not yet verified)\nActual\nPending\n\nFull schedule and background: US Consumer Confidence. \nUpdated September 2\, 2026 \n\n← Previous US Consumer Confidence\nThe Conference Board publishes its US Consumer Confidence Index for November 2026 on Tuesday\, November 24\, 2026\, at 10:00 am ET (3:00 pm London). The report gauges how American households feel about the economy\, the labour market and their own finances\, and it is one of the most closely watched sentiment indicators in global markets. Full schedule and background: US Consumer Confidence. \nWhat is the Consumer Confidence Index?\nThe index is built from a monthly survey of around 3\,000 US households\, run by The Conference Board. Respondents answer five questions: how they view current business conditions\, how they view the current job market\, and how they expect business conditions\, the job market and their own household income to look in six months’ time. The first two questions feed a “Present Situation” sub-index\, while the last three form an “Expectations” sub-index. \nMarkets watch the headline number because consumer spending drives roughly two-thirds of US economic output. A rising index suggests households feel comfortable enough to keep spending on cars\, holidays and big-ticket items. A falling index\, particularly a sharp drop in the expectations component\, has historically been an early warning sign of a slowdown\, since it reflects how people feel about jobs and income before that shows up in hard spending data. \nThe index is not a survey of what people are actually doing\, but of what they expect to do. That makes it a leading indicator rather than a hard measure of activity\, and it can move sharply on news events such as tariff announcements\, stock market swings or petrol price changes\, even before those events affect real spending. \nWhen is the November Consumer Confidence Index released?\nThe Conference Board has not yet formally confirmed the exact publication date for the November 2026 report at the time of writing. The Board typically releases this data on the last Tuesday of the reference month\, and November 24\, 2026 follows that usual pattern. The release is published on the Conference Board’s website at 10:00 am ET (3:00 pm London)\, alongside a short commentary from the organisation’s chief economist. \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 in the days immediately before release. The most recent verified reading available at the time of writing comes from The Conference Board’s own commentary\, which reported the index falling to 91.2 in June 2026\, down from a prior reading of 93.1\, and below the 94.4 figure that economists had expected\, according to TrendForce DataTrack’s summary of Conference Board data. \n\n\n\nMeasure\nPrior (June 2026)\nConsensus (November 2026)\n\n\n\n\nHeadline Consumer Confidence Index\n91.2\nNot yet published\n\n\nPresent Situation Index\nNot independently verified\nNot yet published\n\n\nExpectations Index\nNot independently verified\nNot yet published\n\n\n\nReaders should treat the June 2026 figures above as historical context rather than the immediate prior reading for this release. The October 2026 print\, which is the true prior for this November report\, should be checked directly against The Conference Board’s official release once 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\nRead as a sign households feel more secure\, which can support equities and the dollar\, and may reduce pressure on the Federal Reserve to cut rates quickly\nPeople feel more confident about jobs and spending\, which can mean a stronger economy but also stickier inflation\n\n\nIn line with consensus\nLimited market reaction expected\, since the number confirms the trend investors already priced in\nThe economy is behaving broadly as expected\, so little changes for borrowers or savers immediately\n\n\nBelow consensus\nOften seen as a warning sign for consumer spending\, which can weigh on stocks and add to expectations of rate cuts\nHouseholds are worried about jobs or prices\, which can foreshadow weaker spending and slower growth ahead\n\n\n\nThese are possibilities discussed by analysts around similar releases\, not predictions of what will happen in November 2026. \nWhy does this release matter right now?\nConsumer sentiment has been unusually volatile through 2026\, with the Conference Board’s index swinging as households weighed tariff policy\, sticky grocery and housing costs\, and a labour market that has cooled from its post-pandemic highs. The June 2026 drop to 91.2\, below both the prior month and economists’ expectations\, according to Conference Board data compiled by TrendForce\, illustrated how quickly sentiment can shift when households worry about job security or prices. \nThe Federal Reserve does not target consumer confidence directly\, but policymakers watch it as one signal among many on the health of household spending\, which underpins the broader US growth outlook. A sustained decline in confidence\, especially in the expectations component\, tends to raise the odds that officials discuss interest rate cuts sooner rather than later\, while a rebound can ease those calls. \nWhat It Means for Your Money\nMortgages and borrowing: if confidence weakens sharply\, investors often raise bets on future Federal Reserve rate cuts\, which can pull down long-term borrowing costs\, including US mortgage rates\, over time. A stronger reading can do the opposite. \nSavings: the direction of expected interest rate moves influences savings account and certificate of deposit rates in the US\, and can spill over into UK and euro area rate expectations too\, since global bond markets are closely linked. \nJobs and wages: the survey’s questions on the job market are watched by economists as an early signal of how workers feel about job security\, which can precede changes in hiring\, quits and wage growth. \nPrices: confidence readings that flag rising price worries can be an early hint of inflation expectations creeping up\, which the Fed watches closely when setting policy. \nInvestments\, pensions and currencies: a weak reading can unsettle US equities and\, by extension\, global pension funds and index-tracking investments held by UK and European savers. Moves in US rate expectations also ripple through to the dollar\, the pound and the euro\, affecting the cost of imports and holidays abroad. \nRelated events\n\nPrevious reading: US Consumer Confidence\, October 2026\nUniversity of Michigan Consumer Sentiment survey\, a separate but related US sentiment gauge released mid-month\nUS nonfarm payrolls and jobless claims data\, which often move alongside consumer confidence trends\n\nFrequently Asked Questions\nWhat time is the November Consumer Confidence Index released?\nThe Conference Board publishes the report at 10:00 am ET\, which is 3:00 pm in London\, on November 24\, 2026. \nHow should I read the Consumer Confidence Index?\nA rising number means households feel more optimistic about the economy and jobs; a falling number signals growing worry\, particularly if the expectations component drops sharply. \nDoes this report move interest rate expectations?\nYes\, though indirectly. The Federal Reserve considers consumer sentiment as one input among many when assessing the strength of household spending and the broader economy. \nWhere can I find the official release?\nThe Conference Board publishes the full report\, including sub-indices and regional breakdowns\, on its own website on release day. \nWhen is the next Consumer Confidence report?\nThe following report typically covers December 2026 data and is expected around the last Tuesday of December\, following the Conference Board’s usual monthly schedule. \n← Previous US Consumer Confidence
URL:https://www.financecalendar.com/event/us-consumer-confidence-november-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261124T193000
DTEND;TZID=America/New_York:20261124T203000
DTSTAMP:20260825T151543Z
CREATED:20260825T151543Z
LAST-MODIFIED:20260825T151543Z
UID:2227-1795548600-1795552200@www.financecalendar.com
SUMMARY:Australia CPI November 2026
DESCRIPTION:Next Australia CPI: Wednesday\, November 25\, 2026 at 11:30 am AEDT (7:30 pm ET\, 12:30 am London). Covers October 2026 data. \n\nConsensus\nNot yet published\nPrior\n3.8% YoY\, trimmed mean 3.6% (June 2026\, latest confirmed)\nActual\nPending\n\nFull schedule and background: Australia CPI. \nUpdated August 25\, 2026 \n\n← Previous Australia CPI\nAustralia’s Consumer Price Index (CPI) for October 2026 is released on Wednesday\, November 25\, 2026\, at 11:30am AEDT\, which is 7:30pm ET on November 24\, 2026\, and 12:30am in London on November 25. The figures are published by the Australian Bureau of Statistics (ABS) and cover price movements in October 2026. Full background and the release schedule for this series are on the Australia CPI hub page. \nWhat is Australia’s CPI?\nThe Consumer Price Index measures the average change in prices paid by households for a fixed basket of goods and services\, including housing\, food\, transport\, health and education. It is Australia’s main gauge of inflation\, the rate at which the cost of living rises over time. \nSince November 2025 the ABS has published a complete monthly CPI\, replacing the earlier “monthly indicator” and the quarterly-only series that Australia used for decades. This brought Australia into line with other G20 economies\, which mostly already published monthly inflation data\, according to the ABS. \nAlongside the headline figure\, the ABS publishes trimmed mean inflation\, a measure that strips out the most extreme price rises and falls each month. Economists and the Reserve Bank of Australia (RBA) watch trimmed mean closely because it filters out one-off shocks\, such as a fuel price spike or an electricity rebate ending\, to show the underlying trend in prices. Basis points\, a term used across financial markets\, means one hundredth of one percentage point\, and is commonly used to describe small changes in inflation or interest rates. \nWhen is the October CPI released?\nThe ABS publishes the October 2026 CPI on Wednesday\, November 25\, 2026\, at 11:30am AEDT (7:30pm ET\, November 24\, and 12:30am in London on November 25). The release appears on the ABS website under Consumer Price Index\, Australia\, alongside detailed tables covering housing\, food\, transport and other categories. The ABS release calendar lists the following report\, covering November 2026 data\, for January 6\, 2027\, with the December 2026 figures due January 27\, 2027. \nWhat is the consensus forecast?\nA consensus forecast for the October 2026 CPI has not yet been published this far ahead of the release. Economists’ forecasts\, typically compiled by Reuters and Bloomberg polls\, tend to appear in the days immediately before each ABS release. \nThe most recently confirmed ABS print available at the time of writing was for June 2026. Annual CPI inflation was 3.8% in the 12 months to June 2026\, down from 4.0% in the 12 months to May 2026\, according to the Australian Bureau of Statistics. Trimmed mean inflation was 3.6% in the 12 months to June 2026\, unchanged from May. Readers should check the ABS release for July\, August and September 2026 prints\, published in the months before this event\, for the most current prior figure. \n\n\n\nMeasure\nPrior (12 months to May 2026)\nLatest confirmed (12 months to June 2026)\n\n\n\n\nHeadline CPI\, annual\n4.0%\n3.8%\n\n\nTrimmed mean\, annual\n3.6%\n3.6%\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\nTraders would likely push back expectations for RBA rate cuts\, and the Australian dollar could strengthen\, according to typical market reaction patterns economists describe around upside inflation surprises\nPrices are rising faster than expected. Borrowing costs may stay higher for longer\, which affects mortgage rates and business loans\n\n\nIn line with consensus\nMarkets would likely see limited reaction\, with the RBA’s existing policy path treated as broadly on track\nInflation is behaving as expected\, so there is less pressure for an immediate change in interest rates\n\n\nBelow consensus\nInvestors may bring forward bets on RBA rate cuts\, and the Australian dollar could weaken against major currencies\nPrices are cooling faster than expected\, which could eventually mean cheaper borrowing but also signals a softer economy\n\n\n\nThese are possibilities discussed by market commentators\, not predictions. Actual market moves depend on the detail within the release\, including services inflation and housing costs\, not just the headline number. \nWhy does this release matter right now?\nThe RBA has kept a close watch on the transition to the complete monthly CPI as its main tool for judging progress against its 2 to 3% inflation target. Through the first half of 2026\, annual headline inflation moved between roughly 3.7% and 4.0%\, staying above that target band\, based on the ABS’s published series of monthly reports. Trimmed mean inflation\, the RBA’s preferred underlying measure\, held in a narrower range around 3.3% to 3.6% over the same period\, according to the ABS. \nThe ABS decided to postpone its usual annual reweighting of the CPI basket to January 2027 rather than introduce it mid-2026\, judging that household spending patterns had not shifted enough to justify an earlier update\, the ABS said. From February 2027 the CPI release date itself will move slightly earlier in the month\, to the fourth Wednesday rather than the final Wednesday\, following user feedback the ABS gathered during 2026. \nBecause Australia’s inflation data now arrives every month rather than every quarter\, each release carries more weight for near-term expectations of RBA policy meetings\, and is watched by currency traders in Asia\, bond investors\, and central banks elsewhere assessing how commodity-exporting economies are managing price pressures. \nWhat It Means for Your Money\n\nMortgages and rates: If inflation surprises to the upside\, Australian variable mortgage holders may face a longer wait for RBA rate cuts\, keeping monthly repayments higher. A softer reading could revive hopes of cheaper home loans.\nSavings: Higher-than-expected inflation can support returns on term deposits and savings accounts if the RBA holds rates steady for longer\, but it also erodes the real value of cash sitting in low-interest accounts.\nJobs and wages: Persistent inflation above the RBA’s target can squeeze real wages if pay rises fail to keep pace\, a concern for households in Australia and\, indirectly\, for global firms with Australian operations.\nPrices: The housing and electricity components have been the largest drivers of Australian inflation through 2025 and 2026\, according to ABS commentary\, so households may notice this most in energy bills and rent.\nInvestments\, pensions and currencies: A hotter than expected print can lift the Australian dollar and unsettle bond markets\, with knock-on effects for pension funds holding Australian assets and for UK\, European and Asian investors exposed to Australian equities or the currency.\n\nRelated events\n\nPrevious release: Australia CPI\, October 2026 data release\nFull schedule: Australia CPI hub page\nNext scheduled report: Australia CPI for November 2026 data\, due January 6\, 2027\n\nFrequently Asked Questions\nWhat time is the October 2026 Australia CPI released?\nThe ABS publishes the report at 11:30am AEDT on November 25\, 2026\, equivalent to 7:30pm ET on November 24\, 2026\, and 12:30am in London on November 25. \nHow should I read the headline CPI figure versus trimmed mean?\nThe headline figure shows the total change in prices across the basket\, while trimmed mean strips out extreme movements to show the underlying trend that the RBA relies on most when setting interest rates. \nHow does this release affect RBA interest rate decisions?\nThe RBA reviews the latest CPI data ahead of its policy meetings. Inflation running persistently above its 2 to 3% target band tends to argue against rate cuts\, while a clear slowdown can open the door to easier policy\, according to the RBA’s stated approach to its target. \nWhere can I find the official release?\nThe full report\, including detailed tables\, is published on the Australian Bureau of Statistics website under Consumer Price Index\, Australia. \nWhen is the next Australia CPI release after this one?\nThe following report\, covering November 2026 data\, is scheduled for January 6\, 2027\, with the December 2026 data due January 27\, 2027\, according to the ABS release calendar. \n← Previous Australia CPI
URL:https://www.financecalendar.com/event/australia-cpi-november-2026/
CATEGORIES:Economic Indicators
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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: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
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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
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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=America/New_York:20261125T140000
DTEND;TZID=America/New_York:20261125T150000
DTSTAMP:20260902T134226Z
CREATED:20260902T134226Z
LAST-MODIFIED:20260902T134226Z
UID:2569-1795615200-1795618800@www.financecalendar.com
SUMMARY:Beige Book November 2026
DESCRIPTION:Next Beige Book: Wednesday\, November 25\, 2026 at 2:00 pm ET (7:00 pm London). \n\nConsensus\nNot yet published\nPrior\nHeld at 3.50%-3.75% (July 28-29\, 2026)\nActual\nPending\n\nFull schedule and background: Beige Book. \nUpdated September 2\, 2026 \n\n← Previous Beige Book\nThe Federal Reserve publishes the November 2026 Beige Book on Wednesday\, November 25\, 2026\, at 2:00 pm ET (7:00 pm London). This is not a rate decision. It is a qualitative survey of economic conditions across the Fed’s twelve regional districts\, compiled from interviews with business contacts\, economists and market experts. It is released eight times a year\, roughly two weeks before each Federal Open Market Committee (FOMC) meeting\, and is one of the inputs policymakers use when deciding whether to hold\, cut or raise the federal funds rate. Full schedule and background: Beige Book release dates. \nWhat is the FOMC and what does it decide?\nThe Federal Open Market Committee is the Federal Reserve’s policy-setting body. It has a dual mandate: maximum employment and stable prices\, generally interpreted as inflation around 2%. The committee sets the federal funds rate\, the interest rate at which banks lend to each other overnight\, which flows through to mortgages\, business loans\, credit cards and savings accounts across the US and\, indirectly\, global borrowing costs. \nThe FOMC has twelve voting members: the seven Federal Reserve Board governors\, the president of the New York Fed\, and four of the remaining eleven regional Reserve Bank presidents on a rotating basis. It meets eight times a year\, and the Beige Book is prepared for each of those meetings using reports gathered by the twelve regional Reserve Banks rather than hard economic data. \nBecause the Beige Book is anecdotal rather than statistical\, it does not move markets the way a jobs report or a rate decision does. Its value is in giving a real-time\, on-the-ground read of hiring\, pricing\, wages and demand that will not appear in official data for weeks. \nWhen is the November 2026 Beige Book announced?\nThe report is scheduled for release at 2:00 pm ET (7:00 pm London) on Wednesday\, November 25\, 2026. There is no press conference attached to the Beige Book itself. It is published as a written document by the Federal Reserve Board and is timed to land ahead of the FOMC’s next scheduled meeting on December 8 and 9\, 2026\, when the committee will next vote on the target range for the federal funds rate and\, because December is a Summary of Economic Projections meeting\, publish updated growth\, inflation and rate forecasts along with the closely watched “dot plot”. \nWhat to expect\nThe Beige Book does not carry a consensus forecast in the way inflation or jobs data do\, because it is a qualitative narrative rather than a number. According to FedRateCalc’s tracking of the 2026 FOMC schedule\, the FOMC held its target range at 3.5% to 3.75% at the July 28 and 29\, 2026 meeting\, voting 9 to 3 to hold. That range was still the confirmed starting point heading into the September 15 and 16\, 2026 meeting. Traders will read the November Beige Book for clues on whether regional conditions support another hold\, a cut\, or renewed caution at the December meeting\, and pricing in tools such as the CME FedWatch tool typically shifts in the hours after release if the report flags a marked change in hiring or pricing pressure. \n\n\n\nMeeting\nDecision\nRate after meeting\n\n\n\n\nJuly 28-29\, 2026\nHeld (9-3 vote)\n3.50%-3.75%\n\n\nSeptember 15-16\, 2026\nTo be confirmed by the Federal Reserve\n3.50%-3.75% (as of the July decision)\n\n\nDecember 8-9\, 2026\nNext scheduled decision\nNot yet decided\n\n\n\nRows for meetings between September and December are omitted here because the outcomes had not been independently verified against the Federal Reserve’s own release schedule at the time of writing. Readers should check the Federal Reserve’s official Beige Book page for the confirmed record of each meeting. \nMarket impact scenarios\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nBeige Book describes steady\, unremarkable conditions\nLittle reaction; traders keep existing rate-cut or hold bets largely unchanged\nBusinesses across the country are seeing roughly the same demand and costs as before\, so the Fed has no new reason to change course quickly\n\n\nBeige Book flags cooling hiring or weaker demand\nBond yields can dip and rate-cut bets can firm\, according to typical trader positioning around soft anecdotal data\nIf firms in several districts say hiring is slowing\, that supports the case for the Fed to cut rates sooner to support jobs\n\n\nBeige Book flags persistent price or wage pressure\nYields can edge up and rate-cut expectations can be pushed back\nIf businesses report they are still raising prices or paying more for staff\, the Fed has less room to cut without risking higher inflation\n\n\n\nWhat will the statement and press conference signal?\nBecause the Beige Book has no press conference\, the signal comes from its written language rather than a spoken briefing. Analysts compare the tone of each district’s summary against the previous report\, watching for words such as “moderate”\, “flat” or “declining” activity\, and for any district specifically flagging layoffs\, tariff-related cost pressure or credit tightening. The report feeds directly into the discussion at the December 8-9\, 2026 FOMC meeting\, where officials will also weigh the latest inflation and employment data\, any dissent among voting members\, and the pace of the Fed’s balance sheet run-off\, before deciding on the rate and publishing updated projections. \nWhat It Means for Your Money\nThe Beige Book itself rarely moves mortgage rates\, savings rates or the dollar on its own\, because it contains no new hard data and no vote. Its real relevance is as an early hint of what the Fed might do at its December meeting\, which does affect household finances directly. \n\nMortgages and remortgaging: if the report suggests the Fed is edging toward a cut\, US mortgage rates and\, to a lesser extent\, UK and eurozone borrowing costs that track global bond yields\, can soften in anticipation.\nSavings accounts: a Fed that looks more likely to cut in December can nudge US savings and money market rates lower over time; UK and eurozone savers are more affected by their own central banks but often watch Fed signals as a guide to the global rate cycle.\nLoans and credit cards: variable-rate borrowing costs in the US are tied closely to the federal funds rate\, so any shift in expectations for December filters through with a lag.\nCurrencies: a Beige Book read as dovish (more open to cutting) tends to weigh modestly on the dollar\, which can support the pound and the euro; a hawkish read (more cautious) tends to do the opposite.\nPensions and stock markets: pension funds and equity investors in the US\, UK and Asia price in expected Fed moves months ahead\, so the Beige Book is one of many inputs that can cause small adjustments in bond and share prices rather than sharp swings on the day itself.\n\nRelated events\n\nPrevious Beige Book: September 2026 Beige Book\nNext FOMC rate decision: December 8-9\, 2026\, when the committee also publishes updated projections and the dot plot\nUS inflation and jobs reports due before the December meeting will carry more weight than the Beige Book for the actual rate decision\n\nFrequently Asked Questions\nWhat time is the November 2026 Beige Book released?\nIt is published at 2:00 pm ET on Wednesday\, November 25\, 2026\, which is 7:00 pm in London. \nDoes the Beige Book set interest rates?\nNo. It is a qualitative survey of regional business conditions that feeds into the FOMC’s discussion; the rate decision itself comes at the next scheduled FOMC meeting. \nWhat is the current federal funds rate?\nThe FOMC held the target range at 3.5% to 3.75% at its July 28-29\, 2026 meeting\, according to tracking by FedRateCalc; readers should confirm against the Federal Reserve’s own releases for any decisions made since. \nWhen is the next FOMC rate decision after this Beige Book?\nThe next scheduled meeting is December 8-9\, 2026\, which also includes updated economic projections. \nWhere can I read the full Beige Book?\nThe full report is published on the Federal Reserve’s own Beige Book page. \n← Previous Beige Book
URL:https://www.financecalendar.com/event/beige-book-november-2026/
CATEGORIES:Central Banks & Monetary Policy
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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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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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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
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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
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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
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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
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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
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DTSTART;TZID=America/New_York:20261202T081500
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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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