Economic Calendar 2020

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The table below, detailing the most important economic events that impact the economy and currency rates in 2020, can help you prepare in finding the right timing to conduct a foreign currency transfer or hedge against currency movements.

In our economic calendar, we only list the most significant events in the global economy throughout the year.

Learn more about forex transfers and finding the best fx rate using the following guides.

This is the projected economic calendar for 2020, it will be updated to reflect the most accurate data available.

Free Guidance on the Currency Markets?
When you sign up with World First money transfer, you will receive market updates, forecasts and the support and guidance of a dedicated currency dealer, for free. Your personal dealer will get to know your specific needs and let you know when rates are moving in your favour.

October 2020 Economic Calendar

Thursday 1st UK PMI manufacturing Survey on conditions in the UK manufacturing sector (50+ equals expansion) GBP
Tuesday 1st US ISM manufacturing Survey on conditions in the US manufacturing sector (50+ equals expansion) USD + all currencies
Friday 2nd US employment report Monthly change in US payrolls, unemployment and average earnings, crucial economic release All currencies, biggest monthly market event
Monday 5th UK PMI services Survey on conditions in the UK services sector (50+ equals expansion) GBP
Monday 5th US ISM non-manufacturing Survey on conditions in the US non-manufacturing sector (50+ equals expansion) USD + all currencies
Tuesday 6th Reserve of Bank Australia rate decision Decision on interest rates and monetary policy statement AUD
Tuesday 6th US trade balance Monthly trade data measuring difference between exports and imports USD
Wednesday 7th US Federal Reserve minutes Gives a detailed account of discussions at the previous FOMC meeting USD + all currencies
Friday 9th Canada employment report Monthly change in Canadian employment and unemployment
Tuesday 13th US CPI Change in headline and core consumer prices USD + all currencies
Friday 16th US retail sales Change in headline and core retail sales, USD + all currencies
Monday 19th (approx) New Zealand CPI Change in consumer prices (quarterly data) NZD
Wednesday 21st UK CPI Change in headline and core consumer prices GBP
Wednesday 21st Canada CPI Change in headline and core consumer prices CAD
Friday 23rd Euro-zone PMI index Flash readings for PMI business confidence readings in manufacturing and services EUR
Friday 23rd UK PMI index Flash readings for PMI business confidence readings in manufacturing and services GBP
Wednesday 28th Australia CPI Change in consumer prices (quarterly data) AUD
Wednesday 28th Bank of Canada rate decision Decision on interest rates and monetary policy statement + Governor press conference CAD
Thursday 29th Bank of Japan rate decision Decision on interest rates and monetary policy statement (+ Press conference from Governor) JPY + USD
Thursday 29th ECB rate decision Decision on interest rates and monetary policy statement (+ Press conference from President) EUR + all currencies
Thursday 29th US GDP Annualised change in GDP on quarter (first reading) USD + all currencies
Friday 30th Euro-zone CPI flash inflation Change in headline and core consumer prices, annual rate is most important EUR

November 2020 Economic Calendar

Monday 2nd UK PMI manufacturing Survey on conditions in the UK manufacturing sector (50+ equals expansion) GBP
Monday 2nd US ISM manufacturing Survey on conditions in the US manufacturing sector (50+ equals expansion) USD + all currencies
Tuesday 3rd Reserve of Bank Australia rate decision Decision on interest rates and monetary policy statement AUD
Tuesday 3rd US Presidential election The US will elect its President and new Congress USD + all currencies
Wednesday 4th UK PMI non-manufacturing Survey on conditions in the UK manufacturing sector (50+ equals expansion) GBP
Wednesday 4th US trade balance Monthly trade data measuring difference between exports and imports USD
Wednesday 4th US ISM non-manufacturing Survey on conditions in the US non-manufacturing sector (50+ equals expansion) USD + all currencies
Thursday 5th Bank of England rate decision Decision on interest rates, policy statement and minutes + inflation report + governor conference GBP
Thursday 5th Federal Reserve rate decision Decision on interest rates and monetary policy statement + Chair press conference USD + all currencies
Friday 6th US employment report Monthly change in US payrolls, unemployment and average earnings, crucial economic release All currencies, biggest monthly market event
Friday 6th Canada employment report Monthly change in Canadian employment and unemployment CAD
Tuesday 10th Reserve Bank of New Zealand rate decision Decision on interest rates and monetary policy statement (+ Governor press conference NZD
Wednesday 11th UK GDP Change in GDP on quarter and year (flash data) GBP
Thursday 12th US CPI Change in headline and core consumer prices USD + all currencies
Tuesday 17th US retail sales Change in headline and core retail sales, USD + all currencies
Wednesday 18th UK CPI Change in headline and core consumer prices GBP
Wednesday 18th Canada CPI Change in headline and core consumer prices CAD
Monday 23rd Euro-zone PMI index Flash readings for PMI business confidence readings in manufacturing and services EUR
Monday 23rd UK PMI index Flash readings for PMI business confidence readings in manufacturing and services GBP
Wednesday 25th US GDP Annualised change in GDP on quarter (1st reading) USD + all currencies
Wednesday 25th US Federal Reserve minutes Gives a detailed account of discussions at the previous FOMC meeting USD + all currencies

December 2020 Economic Calendar

Tuesday 1st Reserve of Bank Australia rate decision Decision on interest rates and monetary policy statement AUD
Tuesday 1st UK PMI manufacturing Survey on conditions in the UK manufacturing sector (50+ equals expansion) GBP
Tuesday 1st US ISM manufacturing Survey on conditions in the US manufacturing sector (50+ equals expansion) USD + all currencies
Tuesday 1st Euro-zone CPI flash inflation Change in headline and core consumer prices, annual rate is most important EUR
Thursday 3rd UK PMI manufacturing Survey on conditions in the UK manufacturing sector (50+ equals expansion) GBP
Thursday 3rd US ISM non-manufacturing Survey on conditions in the US non-manufacturing sector (50+ equals expansion) USD + all currencies
Friday 4th US trade balance Monthly trade data measuring difference between exports and imports USD
Friday 4th US employment report Monthly change in US payrolls, unemployment and average earnings, crucial economic release All currencies, biggest monthly market event
Friday 4th Canada employment report Monthly change in Canadian employment and unemployment CAD
Wednesday 9th (approx) Australia GDP Change in GDP on quarter and year AUD
Wednesday 9th Bank of Canada rate decision Decision on interest rates and monetary policy statement + Governor press conference CAD
Thursday 10th ECB rate decision Decision on interest rates and monetary policy statement (+ Press conference from President) EUR + all currencies
Thursday 10th US CPI Change in headline and core consumer prices USD + all currencies
Wednesday 16th Federal Reserve rate decision Decision on interest rates and monetary policy statement + rate projections and Chair press conference USD + all currencies
Wednesday 16th UK CPI Change in headline and core consumer prices USD + all currencies
Wednesday 16th Canada CPI Change in headline and core consumer prices CAD
Wednesday 16th US retail sales Change in headline and core retail sales, USD + all currencies
Wednesday 16th New Zealand GDP Change in GDP on quarter and year NZD
Thursday 17th Swiss National Bank rate decision Decision on interest rates and monetary policy statement (+ Press conference from Chairman) CHF
Thursday 17th Bank of England rate decision Decision on interest rates, policy statement and minutes GBP
Friday 18th Euro-zone PMI index Flash readings for PMI business confidence readings in manufacturing and services EUR
Friday 18th UK PMI index Flash readings for PMI business confidence readings in manufacturing and services GBP
Friday 18th Bank of Japan rate decision Decision on interest rates and monetary policy statement (+ Press conference from Governor) JPY + USD
Free Guidance on the Currency Markets?
When you sign up with World First money transfer, you will receive market updates, forecasts and the support and guidance of a dedicated currency dealer, for free. Your personal dealer will get to know your specific needs and let you know when rates are moving in your favour.

Knowing the dates of important economic events might be very helpful, especially when you need to transfer a large amount of money abroad. Currency exchange rates are often influenced by major economic or political events. When making a large international money transfer or sending large amounts of money abroad, you might want to consider using  these events in your favour. Currency changes might be expected close to a significant economic event. You might want to  plan to make international money transfers when the rate is favourable. Of course, it can work both ways – you can find rates that are not in your favour too. You should always consult an expert and make a smart decision if you are looking for the ‘right time’. 

We hope this high-level economic calendar for 2020 has assisted you with finding the right timing for your international money transfers. Please do come back here for more updates.

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JUDE

love to know this. thanks

VEKS

Glad to know this