France EUR

France Armistice Day

Impact:
Low

Next Release:

Date:
Period:
What Does It Measure?
Armistice Day in France, observed on November 11th, measures the commemoration of the end of World War I and serves as a public holiday that reflects national pride and the social context of remembrance. It primarily focuses on the historical significance and collective memory surrounding the cessation of hostilities, impacting areas such as national sentiment, civic engagement, and public holiday spending patterns.
Frequency
Armistice Day is observed annually and occurs every November 11th, signifying a fixed date for remembrance.
Why Do Traders Care?
While Armistice Day may not directly influence traditional financial trading, its impact on consumer behavior and government spending can provide insights into economic sentiment and social stability. Traders may note the potential for shifts in retail performance, as public holidays can affect sales volumes and economic activity in the short term.
What Is It Derived From?
The significance of Armistice Day is derived from historical records marking the signing of the Armistice treaty in 1918, which ended World War I. Commemorative events, public ceremonies, and military parades serve as the data points reflecting public sentiment and national pride, although no quantitative economic data is produced.
Description
Armistice Day commemorates the end of World War I, and its observance often includes ceremonies, moments of silence, and social gatherings. While it does not generate economic indicators in the same way as financial reports, the day is significant for cultural and social reasons, reflecting a nation’s values and historical consciousness.
Additional Notes
Armistice Day serves as a coincident indicator of national pride and collective memory, influencing public sentiment and community engagement. It may also correlate with other related commemorative events, impacting social trends around remembrance and historical perspective in France and beyond.
Bullish or Bearish for Currency and Stocks
Not applicable for this event as there is no direct numerical expectation or relevant monetary policy implication associated with Armistice Day.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise