France EUR

France All Saints’ Day

Impact:
Low

Next Release:

Date:
Period:
What Does It Measure?
France's All Saints' Day (La Toussaint) primarily measures the observance of a public holiday dedicated to honoring deceased saints and loved ones, rather than being a traditional economic indicator. It impacts key areas such as retail performance and consumer spending, particularly in sectors like flowers and travel.
Frequency
All Saints' Day is observed annually on November 1st, with its economic impacts assessed in various reports typically released in the weeks following the holiday to capture relevant consumer behaviors and spending trends.
Why Do Traders Care?
Traders monitor All Saints' Day for its influence on consumer spending patterns and retail performance, which can affect stock valuations in sectors like retail and tourism. Changes in consumer behavior around this holiday may signal broader economic conditions, influencing asset prices.
What Is It Derived From?
The economic effects related to All Saints' Day are derived from consumer surveys, retail sales data, and historical spending patterns during the holiday period. Data sources may include government statistics, academic studies, and retail analytics focused on spending behavior during significant public holidays.
Description
While not a formal economic report, the impact of All Saints' Day can be reflected in economic data that tracks spending behavior and retail sales during the holiday season. Preliminary data on consumer spending may be analyzed in conjunction with final reports that provide a clearer picture of the holiday's economic effects later.
Additional Notes
All Saints' Day serves as a coincident indicator of retail performance as it reflects current consumer sentiments and economic activity during a period of cultural significance. The holiday's impact is often compared to similar observances in Europe, highlighting shifts in consumer behavior and cultural economy.
Bullish or Bearish for Currency and Stocks
Impact analyses from All Saints' Day results may indicate consumer spending that is higher than expected, which could be considered bullish for retail sector stocks but potentially bearish for currency due to changes in consumer confidence affecting overall economic forecasts.

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