It measures how much the economy in Japan moved over the period: output, sales, or spending, depending on the release.

46.3 is expected, versus 45.7 in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. The gap versus what was expected, and whether it confirms or contradicts the direction the earlier data had been pointing to.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

The difference between what in the eurozone sells and buys abroad. A country that sells more than it buys generates demand for its own currency.

16.0B is expected, versus 15.4B in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. The gap versus what was expected, and whether the balance has been improving or deteriorating over recent periods.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

The difference between what in the eurozone sells and buys abroad. A country that sells more than it buys generates demand for its own currency.

-6.0B is expected, versus -5.8B in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. The gap versus what was expected, and whether the balance has been improving or deteriorating over recent periods.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

The central bank in Australia sets the price of money: the rate at which it lends. It's the single biggest driver of a currency, because it changes how much it pays to hold it.

What to watch. The number almost never surprises anyone — the market has usually already priced it in. What moves the price is the tone: whether they signal more hikes ahead, or that they're done. That's why the press conference usually moves the market more than the decision itself.

Published by Reserve Bank of Australia . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in United States published on the calendar.

99.4 is expected, versus 99.8 in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in United States published on the calendar.

11.9B is expected, versus 14.2B in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in Japan published on the calendar.

2.2% is expected, versus 2.2% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How much prices rose in China. It's the number that most shapes the next rate decision.

0.8% is expected, versus 0.5% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. When both versions appear, the core reading usually matters more than the headline one: it strips out food and energy, which are noisy, and leaves the underlying trend.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How much prices rose in China. It's the number that most shapes the next rate decision.

3.6% is expected, versus 3.5% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. When both versions appear, the core reading usually matters more than the headline one: it strips out food and energy, which are noisy, and leaves the underlying trend.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in Japan published on the calendar.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

It measures how much the economy in the eurozone moved over the period: output, sales, or spending, depending on the release.

0.2% is expected, versus 0.1% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. The gap versus what was expected, and whether it confirms or contradicts the direction the earlier data had been pointing to.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

The government in the eurozone goes out to borrow, and the market sets the price. The yield it agrees to pay shows how expensive that debt is.

What to watch. The yield and the demand. A sharply rising yield usually goes hand in hand with a currency move too — but this is a second-tier event, not one that stops the market.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How many people are working in United States. It matters for an indirect reason: the central bank watches employment to decide the rate. An employment number is, at its core, an early read on rates.

What to watch. The gap versus what was expected. And if the release includes hourly wages, that figure usually matters more than the jobs number itself — it's the one that feeds through into inflation.

Published by ADP Research . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How many people are working in United States. It matters for an indirect reason: the central bank watches employment to decide the rate. An employment number is, at its core, an early read on rates.

What to watch. The gap versus what was expected. And if the release includes hourly wages, that figure usually matters more than the jobs number itself — it's the one that feeds through into inflation.

Published by ADP Research . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

The central bank in the eurozone sets the price of money: the rate at which it lends. It's the single biggest driver of a currency, because it changes how much it pays to hold it.

What to watch. The number almost never surprises anyone — the market has usually already priced it in. What moves the price is the tone: whether they signal more hikes ahead, or that they're done. That's why the press conference usually moves the market more than the decision itself.

Published by Bundesbank . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

The central bank in the eurozone sets the price of money: the rate at which it lends. It's the single biggest driver of a currency, because it changes how much it pays to hold it.

What to watch. The number almost never surprises anyone — the market has usually already priced it in. What moves the price is the tone: whether they signal more hikes ahead, or that they're done. That's why the press conference usually moves the market more than the decision itself.

Published by European Central Bank (ECB) . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

The government in United States goes out to borrow, and the market sets the price. The yield it agrees to pay shows how expensive that debt is.

What to watch. The yield and the demand. A sharply rising yield usually goes hand in hand with a currency move too — but this is a second-tier event, not one that stops the market.

Published by U.S. Department of the Treasury . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How much crude or gas is in storage in United States. It's pure supply: extra inventory means more product available than expected, and a shortfall means less.

What to watch. The gap versus what was expected. Unlike the rest of the calendar, this number doesn't work through the currency — it hits the energy price directly.

Published by American Petroleum Institute (API) . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in the United Kingdom published on the calendar.

-30% is expected, versus -30% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How much prices rose in Australia. It's the number that most shapes the next rate decision.

What to watch. When both versions appear, the core reading usually matters more than the headline one: it strips out food and energy, which are noisy, and leaves the underlying trend.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How much prices rose in the eurozone. It's the number that most shapes the next rate decision.

0.2% is expected, versus 0.2% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. When both versions appear, the core reading usually matters more than the headline one: it strips out food and energy, which are noisy, and leaves the underlying trend.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

It measures how much the economy in the eurozone moved over the period: output, sales, or spending, depending on the release.

0.3% is expected, versus -1.0% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. The gap versus what was expected, and whether it confirms or contradicts the direction the earlier data had been pointing to.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in United States published on the calendar.

3.98M is expected, versus 4.06M in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in United States published on the calendar.

1.2% is expected, versus 1.3% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How much crude or gas is in storage in United States. It's pure supply: extra inventory means more product available than expected, and a shortfall means less.

What to watch. The gap versus what was expected. Unlike the rest of the calendar, this number doesn't work through the currency — it hits the energy price directly.

Published by U.S. Energy Information Administration (EIA) . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How much crude or gas is in storage in United States. It's pure supply: extra inventory means more product available than expected, and a shortfall means less.

What to watch. The gap versus what was expected. Unlike the rest of the calendar, this number doesn't work through the currency — it hits the energy price directly.

Published by U.S. Energy Information Administration (EIA) . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

The government in United States goes out to borrow, and the market sets the price. The yield it agrees to pay shows how expensive that debt is.

What to watch. The yield and the demand. A sharply rising yield usually goes hand in hand with a currency move too — but this is a second-tier event, not one that stops the market.

Published by U.S. Department of the Treasury . It's published there first, with no one else's spin on it.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in New Zealand published on the calendar.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in Japan published on the calendar.

2.5 is expected, versus -1.8 in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How much prices rose in Japan. It's the number that most shapes the next rate decision.

7.4% is expected, versus 7.2% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. When both versions appear, the core reading usually matters more than the headline one: it strips out food and energy, which are noisy, and leaves the underlying trend.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in the United Kingdom published on the calendar.

0.1% is expected, versus -0.1% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

The difference between what in the United Kingdom sells and buys abroad. A country that sells more than it buys generates demand for its own currency.

-22.6B is expected, versus -23.0B in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. The gap versus what was expected, and whether the balance has been improving or deteriorating over recent periods.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in the United Kingdom published on the calendar.

0.5% is expected, versus 0.5% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

It measures how much the economy in the United Kingdom moved over the period: output, sales, or spending, depending on the release.

-0.2% is expected, versus -0.2% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. The gap versus what was expected, and whether it confirms or contradicts the direction the earlier data had been pointing to.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in the United Kingdom published on the calendar.

0.2% is expected, versus -0.5% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in Switzerland published on the calendar.

-33 is expected, versus -35 in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How many people are working in the eurozone. It matters for an indirect reason: the central bank watches employment to decide the rate. An employment number is, at its core, an early read on rates.

5.4% is expected, versus 5.3% in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. The gap versus what was expected. And if the release includes hourly wages, that figure usually matters more than the jobs number itself — it's the one that feeds through into inflation.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

How much prices rose in the United Kingdom. It's the number that most shapes the next rate decision.

What to watch. When both versions appear, the core reading usually matters more than the headline one: it strips out food and energy, which are noisy, and leaves the underlying trend.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data in United States published on the calendar.

-221.1B is expected, versus -432.3B in the prior period. If it comes in close to expectations, little usually happens: what moves the price is missing expectations.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.

Economic data published on the calendar.

What to watch. As with everything on the calendar, what usually moves the price is the gap versus what was expected, not the number itself.

This explains how the market tends to react to a surprise. It's not a signal or a forecast.