Australia AUD

Australia ANZAC Day

Impact:
Low

Next Release:

Date:
Period:
What Does It Measure?
ANZAC Day in Australia measures the national observance and commemoration of the Australian and New Zealand Army Corps members who fought at Gallipoli during World War I. This event primarily focuses on historical remembrance and cultural identity, encompassing areas such as national pride, military service appreciation, and community participation in commemorative ceremonies.
Frequency
ANZAC Day is observed annually on April 25th. It is not a report or statistical measure, but a fixed public holiday that acknowledges veterans and their contributions, marked by various ceremonies and events throughout the day.
Why Do Traders Care?
While ANZAC Day itself is a day of remembrance rather than an economic indicator, its significance as a public holiday may impact market operations and trading volumes. Traders may pay attention to overall economic activity or disruptions caused by the closure of businesses and government services on this day.
What Is It Derived From?
ANZAC Day's observance is derived from historical events and national sentiments surrounding the participation of Australian and New Zealand troops in World War I. The day culminates from years of tribute activities including dawn services, marches, and various community-led commemorative events designed to honor military service.
Description
ANZAC Day serves as a reminder of the sacrifices made by military personnel, fostering a sense of national unity and respect. While there are no numerical measures associated with this observance, its impact on cultural identity and community gatherings is significant, though it does not directly influence economic statistics.
Additional Notes
ANZAC Day is considered a significant cultural marker in Australia and is influential in shaping national identity. It connects to broader economic trends by fostering community spirit and remembrance, but it does not present direct economic indicators or correlations like other reports might.
Bullish or Bearish for Currency and Stocks
This section is not applicable as ANZAC Day does not have numerical expectations or monetary policy implications, thus there are no expected impacts on currency or stocks to analyze.

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