February 6, 2024, is a day packed with important economic data releases that are crucial for investors and market watchers worldwide. Here’s a comprehensive schedule of the day’s medium to high-impact economic events, all times listed in Coordinated Universal Time (UTC).

00:00 – USD: Fed’s Harker Speech

The day will kick off at midnight with a speech from a Federal Reserve official, which could provide insights into the U.S. economic outlook and clues about future monetary policy.

00:01 – GBP: BRC Like-For-Like Retail Sales (YoY)

Shortly after, the UK’s retail performance will be scrutinized with the British Retail Consortium’s yearly sales data, giving us a peek into consumer spending trends.

00:30 – AUD: Retail Sales (QoQ) Q4

Australia will follow with its quarterly Retail Sales figures, offering a snapshot of the economic activity and consumer confidence down under.

03:30 – AUD: RBA’s Monetary Policy Suite

An eventful moment for the Australian economy as the Reserve Bank of Australia (RBA) releases its Rate Statement and Interest Rate Decision, followed by a Press Conference at 04:30. These releases are pivotal, as they often lead to significant market volatility.

07:00 – EUR: Factory Orders from Germany

Moving to Europe, Germany reports its Factory Orders, both non-seasonally adjusted (YoY) and seasonally adjusted (MoM), providing insights into the manufacturing sector’s health.

10:00 – EUR: Retail Sales

Europe’s consumer spending will be in the spotlight with monthly and yearly Retail Sales data being released, which could impact the Euro and European stocks.

15:00 – CAD: Ivey Purchasing Managers Index

Canada’s economic activity levels will be reflected in the Ivey Purchasing Managers Index, with both the standard and the seasonally adjusted figures for January set to be released.

17:00 – USD: Fed’s Mester Speech

The U.S. session will feature another speech from a Federal Reserve official, with any forward-looking statements being of particular interest to market participants.

17:45 – CAD: BoC’s Governor Macklem Speech

The Bank of Canada’s Governor will take the stage, and his words could influence the CAD and provide insights into Canada’s economic policy direction.

21:45 – NZD: New Zealand’s Labor Market Statistics

New Zealand’s labor market will come under the microscope with the release of Employment Change, Unemployment Rate, Participation Rate, and the Labor Cost Index for Q4.

22:00 – AUD: AIG Industry Index

Wrapping up the day, the Australian Industry Group will release its Industry Index for December, which could cause some last-minute ripples in the Australian markets.