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    Economic Calendar

    Eco Data 11/24/25

    GMT Ccy Events Actual Consensus Previous Revised
    09:00 EUR Germany IFO Business Climate Nov 88.1 88.5 88.4
    09:00 EUR Germany IFO Current Assessment Nov 85.6 85.3
    09:00 EUR Germany IFO Expectations Nov 90.6 91.6
    GMT Ccy Events
    09:00 EUR Germany IFO Business Climate Nov
        Actual: 88.1 Forecast: 88.5
        Previous: 88.4 Revised:
    09:00 EUR Germany IFO Current Assessment Nov
        Actual: 85.6 Forecast:
        Previous: 85.3 Revised:
    09:00 EUR Germany IFO Expectations Nov
        Actual: 90.6 Forecast:
        Previous: 91.6 Revised:

    Summary 11/24 – 11/28

    Monday, Nov 24, 2025

    GMT Ccy Events Consensus Previous
    09:00 EUR Germany IFO Business Climate Nov 88.5 88.4
    09:00 EUR Germany IFO Current Assessment Nov 85.3
    09:00 EUR Germany IFO Expectations Nov 91.6
    GMT Ccy Events
    09:00 EUR Germany IFO Business Climate Nov
        Forecast: 88.5 Previous: 88.4
    09:00 EUR Germany IFO Current Assessment Nov
        Forecast: Previous: 85.3
    09:00 EUR Germany IFO Expectations Nov
        Forecast: Previous: 91.6

    Tuesday, Nov 25, 2025

    GMT Ccy Events Consensus Previous
    07:00 EUR Germany GDP Q/Q Q3 F 0.00% 0.00%
    13:30 USD Retail Sales M/M Sep 0.40% 0.60%
    13:30 USD Retail Sales ex Autos M/M Sep 0.30% 0.70%
    13:30 USD PPI M/M Sep 0.30% -0.10%
    13:30 USD PPI Y/Y Sep 2.70% 2.60%
    13:30 USD PPI Core M/M Sep -0.10%
    13:30 USD PPI Core Y/Y Sep 2.80%
    14:00 USD S&P/CS Composite-20 HPI Y/Y Sep 1.60%
    14:00 USD Housing Price Index M/M Sep 0.40%
    15:00 USD Consumer Confidence Nov 93.4 94.6
    15:00 USD Pending Homeles M/M Oct 0%
    15:00 USD Business Inventories Aug 0.10% 0.20%
    23:50 JPY Corporate Service Price Index Y/Y Oct 2.70% 3.00%
    GMT Ccy Events
    07:00 EUR Germany GDP Q/Q Q3 F
        Forecast: 0.00% Previous: 0.00%
    13:30 USD Retail Sales M/M Sep
        Forecast: 0.40% Previous: 0.60%
    13:30 USD Retail Sales ex Autos M/M Sep
        Forecast: 0.30% Previous: 0.70%
    13:30 USD PPI M/M Sep
        Forecast: 0.30% Previous: -0.10%
    13:30 USD PPI Y/Y Sep
        Forecast: 2.70% Previous: 2.60%
    13:30 USD PPI Core M/M Sep
        Forecast: Previous: -0.10%
    13:30 USD PPI Core Y/Y Sep
        Forecast: Previous: 2.80%
    14:00 USD S&P/CS Composite-20 HPI Y/Y Sep
        Forecast: Previous: 1.60%
    14:00 USD Housing Price Index M/M Sep
        Forecast: Previous: 0.40%
    15:00 USD Consumer Confidence Nov
        Forecast: 93.4 Previous: 94.6
    15:00 USD Pending Homeles M/M Oct
        Forecast: Previous: 0%
    15:00 USD Business Inventories Aug
        Forecast: 0.10% Previous: 0.20%
    23:50 JPY Corporate Service Price Index Y/Y Oct
        Forecast: 2.70% Previous: 3.00%

    Wednesday, Nov 26, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD Monthly CPI Y/Y Oct 3.60% 3.50%
    01:00 NZD RBNZ Interest Rate Decision 2.25% 2.50%
    09:00 CHF UBS Economic Expectations Nov -7.7
    13:30 USD Initial Jobless Claims (Nov 21) 226K 220K
    13:30 USD Durable Goods Orders Sep 0.20% 2.90%
    13:30 USD Durable Goods Orders ex Transport Sep 0.20% 0.30%
    14:45 USD Chicago PMI Nov 43.9 43.8
    15:30 USD Crude Oil Inventories (Nov 21) -3.4M
    17:00 USD Natural Gas Storage (Nov 21) -14B
    19:00 USD Fed's Beige Book
    21:45 NZD Retail Sales Q/Q Q3 0.60% 0.50%
    21:45 NZD Retail Sales ex Autos Q/Q Q3 0.80% 0.70%
    GMT Ccy Events
    00:30 AUD Monthly CPI Y/Y Oct
        Forecast: 3.60% Previous: 3.50%
    01:00 NZD RBNZ Interest Rate Decision
        Forecast: 2.25% Previous: 2.50%
    09:00 CHF UBS Economic Expectations Nov
        Forecast: Previous: -7.7
    13:30 USD Initial Jobless Claims (Nov 21)
        Forecast: 226K Previous: 220K
    13:30 USD Durable Goods Orders Sep
        Forecast: 0.20% Previous: 2.90%
    13:30 USD Durable Goods Orders ex Transport Sep
        Forecast: 0.20% Previous: 0.30%
    14:45 USD Chicago PMI Nov
        Forecast: 43.9 Previous: 43.8
    15:30 USD Crude Oil Inventories (Nov 21)
        Forecast: Previous: -3.4M
    17:00 USD Natural Gas Storage (Nov 21)
        Forecast: Previous: -14B
    19:00 USD Fed's Beige Book
        Forecast: Previous:
    21:45 NZD Retail Sales Q/Q Q3
        Forecast: 0.60% Previous: 0.50%
    21:45 NZD Retail Sales ex Autos Q/Q Q3
        Forecast: 0.80% Previous: 0.70%

    Thursday, Nov 27, 2025

    GMT Ccy Events Consensus Previous
    00:00 NZD ANZ Business Confidence Nov 58.1
    00:30 AUD Private Capital Expenditure Q3 0.60% 0.20%
    07:00 EUR Germany GfK Consumer Confidence Dec -23.4 -24.1
    09:00 EUR Eurozone M3 Money Supply Y/Y Oct 2.80% 2.80%
    10:00 EUR Eurozone Economic Sentiment Nov 96.8
    10:00 EUR Eurozone Industrial Confidence Nov -8.2
    10:00 EUR Eurozone Services Sentiment Nov 4
    10:00 EUR Eurozone Consumer Confidence Nov F -14.2 -14.2
    12:30 EUR ECB Meeting Accounts
    13:30 CAD Current Account (CAD) Q3 -14.4B -21.2B
    23:30 JPY Tokyo CPI Y/Y Nov 2.80%
    23:30 JPY Tokyo CPI Core Y/Y Nov 2.70% 2.80%
    23:30 JPY Tokyo CPI Core-Core Y/Y Nov 2.80%
    23:30 JPY Unemployment Rate Oct 2.50% 2.60%
    23:50 JPY Industrial Production M/M Oct P -0.60% 2.60%
    23:50 JPY Retail Trade Y/Y Oct 0.80% 0.50%
    GMT Ccy Events
    00:00 NZD ANZ Business Confidence Nov
        Forecast: Previous: 58.1
    00:30 AUD Private Capital Expenditure Q3
        Forecast: 0.60% Previous: 0.20%
    07:00 EUR Germany GfK Consumer Confidence Dec
        Forecast: -23.4 Previous: -24.1
    09:00 EUR Eurozone M3 Money Supply Y/Y Oct
        Forecast: 2.80% Previous: 2.80%
    10:00 EUR Eurozone Economic Sentiment Nov
        Forecast: Previous: 96.8
    10:00 EUR Eurozone Industrial Confidence Nov
        Forecast: Previous: -8.2
    10:00 EUR Eurozone Services Sentiment Nov
        Forecast: Previous: 4
    10:00 EUR Eurozone Consumer Confidence Nov F
        Forecast: -14.2 Previous: -14.2
    12:30 EUR ECB Meeting Accounts
        Forecast: Previous:
    13:30 CAD Current Account (CAD) Q3
        Forecast: -14.4B Previous: -21.2B
    23:30 JPY Tokyo CPI Y/Y Nov
        Forecast: Previous: 2.80%
    23:30 JPY Tokyo CPI Core Y/Y Nov
        Forecast: 2.70% Previous: 2.80%
    23:30 JPY Tokyo CPI Core-Core Y/Y Nov
        Forecast: Previous: 2.80%
    23:30 JPY Unemployment Rate Oct
        Forecast: 2.50% Previous: 2.60%
    23:50 JPY Industrial Production M/M Oct P
        Forecast: -0.60% Previous: 2.60%
    23:50 JPY Retail Trade Y/Y Oct
        Forecast: 0.80% Previous: 0.50%

    Friday, Nov 28, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD Private Sector Credit M/M Oct 0.60% 0.60%
    05:00 JPY Housing Starts Y/Y Oct -4.90% -7.30%
    07:00 EUR Germany Import Price Index M/M Oct 0.30% 0.20%
    07:00 EUR Germany Retail Sales M/M Oct 0.30% 0.20%
    07:45 EUR France GDP Q/Q Q3 0.50% 0.50%
    08:00 CHF KOF Leading Indicator Nov 100.8 101.3
    08:00 CHF GDP Q/Q Q3 -0.50% 0.10%
    08:55 EUR Germany Unemployment Rate Oct 6.30%
    08:55 EUR Germany Unemployment Change Oct 6K -1K
    13:00 EUR Germany CPI M/M Nov P -0.20% 0.30%
    13:00 EUR Germany CPI Y/Y Nov P 2.30%
    13:30 CAD GDP M/M Sep 0.20% -0.30%
    GMT Ccy Events
    00:30 AUD Private Sector Credit M/M Oct
        Forecast: 0.60% Previous: 0.60%
    05:00 JPY Housing Starts Y/Y Oct
        Forecast: -4.90% Previous: -7.30%
    07:00 EUR Germany Import Price Index M/M Oct
        Forecast: 0.30% Previous: 0.20%
    07:00 EUR Germany Retail Sales M/M Oct
        Forecast: 0.30% Previous: 0.20%
    07:45 EUR France GDP Q/Q Q3
        Forecast: 0.50% Previous: 0.50%
    08:00 CHF KOF Leading Indicator Nov
        Forecast: 100.8 Previous: 101.3
    08:00 CHF GDP Q/Q Q3
        Forecast: -0.50% Previous: 0.10%
    08:55 EUR Germany Unemployment Rate Oct
        Forecast: Previous: 6.30%
    08:55 EUR Germany Unemployment Change Oct
        Forecast: 6K Previous: -1K
    13:00 EUR Germany CPI M/M Nov P
        Forecast: -0.20% Previous: 0.30%
    13:00 EUR Germany CPI Y/Y Nov P
        Forecast: Previous: 2.30%
    13:30 CAD GDP M/M Sep
        Forecast: 0.20% Previous: -0.30%

    Eco Data 11/21/25

    GMT Ccy Events Actual Consensus Previous Revised
    21:45 NZD Trade Balance (NZD) Oct -1542M -955M 1355M -1384M
    22:00 AUD Manufacturing PMI Nov P 51.6 49.7
    22:00 AUD Services PMI Nov P 52.7 52.5
    23:30 JPY National CPI Y/Y Oct 3.00% 2.90%
    23:30 JPY National CPI Core Y/Y Oct 3.00% 3.00% 2.90%
    23:30 JPY National CPI Core-Core Y/Y Oct 3.10% 3.00%
    23:50 JPY Trade Balance (JPY) Oct 0.00T -0.13T -0.30T
    00:01 GBP GfK Consumer Confidence Nov -19 -18 -17
    00:30 JPY Manufacturing PMI Nov P 48.8 48.8 48.2
    00:30 JPY Services PMI Nov P 53.1 53.1
    07:00 GBP Retail Sales M/M Oct -1.10% 0.10% 0.50% 0.70%
    07:00 GBP Public Sector Net Borrowing (GBP) Oct 17.4B 15.2B 20.2B
    08:15 EUR France Manufacturing PMI Nov P 47.8 49 48.8
    08:15 EUR France Services PMI Nov P 50.8 48.6 48
    08:30 EUR Germany Manufacturing PMI Nov P 48.4 49.8 49.6
    08:30 EUR Germany Services PMI Nov P 52.7 54 54.6
    09:00 EUR Eurozone Manufacturing PMI Nov P 49.7 50.2 50
    09:00 EUR Eurozone Services PMI Nov P 53.1 53 53
    09:30 GBP Manufacturing PMI Nov P 50.2 49.3 49.7
    09:30 GBP Services PMI Nov P 50.5 52 52.3
    13:30 CAD New Housing Price Index M/M Oct -0.40% 0.00% -0.20%
    13:30 CAD Retail Sales M/M Sep -0.70% -0.70% 1.00%
    13:30 CAD Retail Sales ex Autos M/M Sep 0.20% -0.30% 0.70% 0.80%
    14:45 USD Manufacturing PMI Nov P 51.9 52.5
    14:45 USD Services PMI Nov P 55 54.8
    15:00 USD UoM Consumer Sentiment Nov F 51 50.3 50.3
    15:00 USD UoM 1-Yr Inflation Expectations Nov F 4.50% 4.70% 4.70%
    GMT Ccy Events
    21:45 NZD Trade Balance (NZD) Oct
        Actual: -1542M Forecast: -955M
        Previous: 1355M Revised: -1384M
    22:00 AUD Manufacturing PMI Nov P
        Actual: 51.6 Forecast:
        Previous: 49.7 Revised:
    22:00 AUD Services PMI Nov P
        Actual: 52.7 Forecast:
        Previous: 52.5 Revised:
    23:30 JPY National CPI Y/Y Oct
        Actual: 3.00% Forecast:
        Previous: 2.90% Revised:
    23:30 JPY National CPI Core Y/Y Oct
        Actual: 3.00% Forecast: 3.00%
        Previous: 2.90% Revised:
    23:30 JPY National CPI Core-Core Y/Y Oct
        Actual: 3.10% Forecast:
        Previous: 3.00% Revised:
    23:50 JPY Trade Balance (JPY) Oct
        Actual: 0.00T Forecast: -0.13T
        Previous: -0.30T Revised:
    00:01 GBP GfK Consumer Confidence Nov
        Actual: -19 Forecast: -18
        Previous: -17 Revised:
    00:30 JPY Manufacturing PMI Nov P
        Actual: 48.8 Forecast: 48.8
        Previous: 48.2 Revised:
    00:30 JPY Services PMI Nov P
        Actual: 53.1 Forecast:
        Previous: 53.1 Revised:
    07:00 GBP Retail Sales M/M Oct
        Actual: -1.10% Forecast: 0.10%
        Previous: 0.50% Revised: 0.70%
    07:00 GBP Public Sector Net Borrowing (GBP) Oct
        Actual: 17.4B Forecast: 15.2B
        Previous: 20.2B Revised:
    08:15 EUR France Manufacturing PMI Nov P
        Actual: 47.8 Forecast: 49
        Previous: 48.8 Revised:
    08:15 EUR France Services PMI Nov P
        Actual: 50.8 Forecast: 48.6
        Previous: 48 Revised:
    08:30 EUR Germany Manufacturing PMI Nov P
        Actual: 48.4 Forecast: 49.8
        Previous: 49.6 Revised:
    08:30 EUR Germany Services PMI Nov P
        Actual: 52.7 Forecast: 54
        Previous: 54.6 Revised:
    09:00 EUR Eurozone Manufacturing PMI Nov P
        Actual: 49.7 Forecast: 50.2
        Previous: 50 Revised:
    09:00 EUR Eurozone Services PMI Nov P
        Actual: 53.1 Forecast: 53
        Previous: 53 Revised:
    09:30 GBP Manufacturing PMI Nov P
        Actual: 50.2 Forecast: 49.3
        Previous: 49.7 Revised:
    09:30 GBP Services PMI Nov P
        Actual: 50.5 Forecast: 52
        Previous: 52.3 Revised:
    13:30 CAD New Housing Price Index M/M Oct
        Actual: -0.40% Forecast: 0.00%
        Previous: -0.20% Revised:
    13:30 CAD Retail Sales M/M Sep
        Actual: -0.70% Forecast: -0.70%
        Previous: 1.00% Revised:
    13:30 CAD Retail Sales ex Autos M/M Sep
        Actual: 0.20% Forecast: -0.30%
        Previous: 0.70% Revised: 0.80%
    14:45 USD Manufacturing PMI Nov P
        Actual: 51.9 Forecast:
        Previous: 52.5 Revised:
    14:45 USD Services PMI Nov P
        Actual: 55 Forecast:
        Previous: 54.8 Revised:
    15:00 USD UoM Consumer Sentiment Nov F
        Actual: 51 Forecast: 50.3
        Previous: 50.3 Revised:
    15:00 USD UoM 1-Yr Inflation Expectations Nov F
        Actual: 4.50% Forecast: 4.70%
        Previous: 4.70% Revised:

    Eco Data 11/20/25

    GMT Ccy Events Actual Consensus Previous Revised
    01:15 CNY 1-Y Loan Prime Rate 3.00% 3.00% 3.00%
    01:15 CNY 5-Y Loan Prime Rate 3.50% 3.50% 3.50%
    07:00 EUR Germany PPI M/M Oct 0.10% 0.00% -0.10%
    07:00 EUR Germany PPI Y/Y Oct -1.80% -1.90% -1.70%
    07:00 CHF Trade Balance (CHF) Oct 4.32B 4.90B 4.07B 3.99B
    13:30 CAD Industrial Product Price M/M Oct 1.50% 0.30% 0.80%
    13:30 CAD Raw Material Price Index Oct 1.60% 0.60% 1.70%
    13:30 USD Non-Farm Payroll Sep 119K 53K 22K -4K
    13:30 USD Unemployment Rate Sep 4.40% 4.30% 4.30%
    13:30 USD Average Hourly Earnings M/M Sep 0.20% 0.30% 0.30%
    13:30 USD Philadelphia Fed Manufacturing Nov -1.7 1 -12.8
    15:00 USD Existing Home Sales Oct 4.10M 4.06M 4.06M 4.05M
    15:00 EUR Eurozone Consumer Confidence Nov P -14 -14 -14
    15:30 USD Natural Gas Storage (Nov 14) -12B 45B
    GMT Ccy Events
    01:15 CNY 1-Y Loan Prime Rate
        Actual: 3.00% Forecast: 3.00%
        Previous: 3.00% Revised:
    01:15 CNY 5-Y Loan Prime Rate
        Actual: 3.50% Forecast: 3.50%
        Previous: 3.50% Revised:
    07:00 EUR Germany PPI M/M Oct
        Actual: 0.10% Forecast: 0.00%
        Previous: -0.10% Revised:
    07:00 EUR Germany PPI Y/Y Oct
        Actual: -1.80% Forecast: -1.90%
        Previous: -1.70% Revised:
    07:00 CHF Trade Balance (CHF) Oct
        Actual: 4.32B Forecast: 4.90B
        Previous: 4.07B Revised: 3.99B
    13:30 CAD Industrial Product Price M/M Oct
        Actual: 1.50% Forecast: 0.30%
        Previous: 0.80% Revised:
    13:30 CAD Raw Material Price Index Oct
        Actual: 1.60% Forecast: 0.60%
        Previous: 1.70% Revised:
    13:30 USD Non-Farm Payroll Sep
        Actual: 119K Forecast: 53K
        Previous: 22K Revised: -4K
    13:30 USD Unemployment Rate Sep
        Actual: 4.40% Forecast: 4.30%
        Previous: 4.30% Revised:
    13:30 USD Average Hourly Earnings M/M Sep
        Actual: 0.20% Forecast: 0.30%
        Previous: 0.30% Revised:
    13:30 USD Philadelphia Fed Manufacturing Nov
        Actual: -1.7 Forecast: 1
        Previous: -12.8 Revised:
    15:00 USD Existing Home Sales Oct
        Actual: 4.10M Forecast: 4.06M
        Previous: 4.06M Revised: 4.05M
    15:00 EUR Eurozone Consumer Confidence Nov P
        Actual: -14 Forecast: -14
        Previous: -14 Revised:
    15:30 USD Natural Gas Storage (Nov 14)
        Actual: Forecast: -12B
        Previous: 45B Revised:

    Eco Data 11/19/25

    GMT Ccy Events Actual Consensus Previous Revised
    21:45 NZD PPI Input Q/Q Q3 0.20% 0.90% 0.60%
    21:45 NZD PPI Output Q/Q Q3 0.60% 0.70% 0.60%
    23:30 AUD Westpac Leading Index M/M Oct 0.10% -0.03%
    23:50 JPY Machinery Orders M/M Sep 4.20% 2.50% -0.90%
    00:30 AUD Wage Price Index Q/Q Q3 0.80% 0.80% 0.80%
    07:00 GBP CPI M/M Oct 0.40% 0.40% 0.00%
    07:00 GBP CPI Y/Y Oct 3.60% 3.50% 3.80%
    07:00 GBP Core CPI Y/Y Oct 3.40% 3.40% 3.50%
    07:00 GBP RPI M/M Oct 0.30% 0.30% -0.40%
    07:00 GBP RPI Y/Y Oct 4.30% 4.30% 4.50%
    07:00 GBP PPI Input M/M Oct -0.30% 0.00% -0.10%
    07:00 GBP PPI Input Y/ YOct 0.50% 0.70% 0.80%
    07:00 GBP PPI Output M/M Oct 0.00% 0.00% 0.00%
    07:00 GBP PPI Output Y/Y Oct 3.60% 3.40%
    07:00 GBP PPI Core Output M/M Oct 0.10% 0.00%
    07:00 GBP PPI Core Output Y/Y Oct 3.60% 3.60%
    09:00 EUR Eurozone Current Account (EUR) Sep 23.1B 14.5B 11.9B
    10:00 EUR Eurozone CPI Y/Y Oct F 2.10% 2.10% 2.10%
    10:00 EUR Eurozone Core CPI Y/Y Oct F 2.40% 2.40% 2.40%
    15:30 USD Crude Oil Inventories (Nov 14) -1.9M 6.4M
    19:00 USD FOMC Minutes
    GMT Ccy Events
    21:45 NZD PPI Input Q/Q Q3
        Actual: 0.20% Forecast: 0.90%
        Previous: 0.60% Revised:
    21:45 NZD PPI Output Q/Q Q3
        Actual: 0.60% Forecast: 0.70%
        Previous: 0.60% Revised:
    23:30 AUD Westpac Leading Index M/M Oct
        Actual: 0.10% Forecast:
        Previous: -0.03% Revised:
    23:50 JPY Machinery Orders M/M Sep
        Actual: 4.20% Forecast: 2.50%
        Previous: -0.90% Revised:
    00:30 AUD Wage Price Index Q/Q Q3
        Actual: 0.80% Forecast: 0.80%
        Previous: 0.80% Revised:
    07:00 GBP CPI M/M Oct
        Actual: 0.40% Forecast: 0.40%
        Previous: 0.00% Revised:
    07:00 GBP CPI Y/Y Oct
        Actual: 3.60% Forecast: 3.50%
        Previous: 3.80% Revised:
    07:00 GBP Core CPI Y/Y Oct
        Actual: 3.40% Forecast: 3.40%
        Previous: 3.50% Revised:
    07:00 GBP RPI M/M Oct
        Actual: 0.30% Forecast: 0.30%
        Previous: -0.40% Revised:
    07:00 GBP RPI Y/Y Oct
        Actual: 4.30% Forecast: 4.30%
        Previous: 4.50% Revised:
    07:00 GBP PPI Input M/M Oct
        Actual: -0.30% Forecast: 0.00%
        Previous: -0.10% Revised:
    07:00 GBP PPI Input Y/ YOct
        Actual: 0.50% Forecast: 0.70%
        Previous: 0.80% Revised:
    07:00 GBP PPI Output M/M Oct
        Actual: 0.00% Forecast: 0.00%
        Previous: 0.00% Revised:
    07:00 GBP PPI Output Y/Y Oct
        Actual: 3.60% Forecast:
        Previous: 3.40% Revised:
    07:00 GBP PPI Core Output M/M Oct
        Actual: 0.10% Forecast:
        Previous: 0.00% Revised:
    07:00 GBP PPI Core Output Y/Y Oct
        Actual: 3.60% Forecast:
        Previous: 3.60% Revised:
    09:00 EUR Eurozone Current Account (EUR) Sep
        Actual: 23.1B Forecast: 14.5B
        Previous: 11.9B Revised:
    10:00 EUR Eurozone CPI Y/Y Oct F
        Actual: 2.10% Forecast: 2.10%
        Previous: 2.10% Revised:
    10:00 EUR Eurozone Core CPI Y/Y Oct F
        Actual: 2.40% Forecast: 2.40%
        Previous: 2.40% Revised:
    15:30 USD Crude Oil Inventories (Nov 14)
        Actual: Forecast: -1.9M
        Previous: 6.4M Revised:
    19:00 USD FOMC Minutes
        Actual: Forecast:
        Previous: Revised:

    Eco Data 11/18/25

    GMT Ccy Events Actual Consensus Previous Revised
    00:30 AUD RBA Meeting Minutes
    15:00 USD NAHB Housing Market Index Nov 38 36 37
    GMT Ccy Events
    00:30 AUD RBA Meeting Minutes
        Actual: Forecast:
        Previous: Revised:
    15:00 USD NAHB Housing Market Index Nov
        Actual: 38 Forecast: 36
        Previous: 37 Revised:

    Eco Data 11/17/25

    GMT Ccy Events Actual Consensus Previous Revised
    21:30 NZD Business NZ PSI Oct 48.7 48.3
    23:50 JPY GDP Q/Q Q3 P -0.40% -0.60% 0.50%
    23:50 JPY GDP Deflator Y/Y Q3 P 2.80% 3.10% 2.90%
    04:30 JPY Industrial Production M/M Sep F 2.60% 2.20% 2.20%
    10:00 EUR EU Economic Forecasts
    13:30 CAD CPI M/M Oct 0.30% 0.20% 0.10%
    13:30 CAD CPI Y/Y Oct 2.20% 2.20% 2.40%
    13:30 CAD CPI Median Y/Y Oct 2.90% 3.10% 3.20% 3.10%
    13:30 CAD CPI Trimmed Y/Y Oct 3.00% 3.00% 3.10%
    13:30 CAD CPI Common Y/Y Oct 2.70% 2.80% 2.70%
    13:30 USD Empire State Manufacturing Nov 18.7 6.1 10.7
    GMT Ccy Events
    21:30 NZD Business NZ PSI Oct
        Actual: 48.7 Forecast:
        Previous: 48.3 Revised:
    23:50 JPY GDP Q/Q Q3 P
        Actual: -0.40% Forecast: -0.60%
        Previous: 0.50% Revised:
    23:50 JPY GDP Deflator Y/Y Q3 P
        Actual: 2.80% Forecast: 3.10%
        Previous: 2.90% Revised:
    04:30 JPY Industrial Production M/M Sep F
        Actual: 2.60% Forecast: 2.20%
        Previous: 2.20% Revised:
    10:00 EUR EU Economic Forecasts
        Actual: Forecast:
        Previous: Revised:
    13:30 CAD CPI M/M Oct
        Actual: 0.30% Forecast: 0.20%
        Previous: 0.10% Revised:
    13:30 CAD CPI Y/Y Oct
        Actual: 2.20% Forecast: 2.20%
        Previous: 2.40% Revised:
    13:30 CAD CPI Median Y/Y Oct
        Actual: 2.90% Forecast: 3.10%
        Previous: 3.20% Revised: 3.10%
    13:30 CAD CPI Trimmed Y/Y Oct
        Actual: 3.00% Forecast: 3.00%
        Previous: 3.10% Revised:
    13:30 CAD CPI Common Y/Y Oct
        Actual: 2.70% Forecast: 2.80%
        Previous: 2.70% Revised:
    13:30 USD Empire State Manufacturing Nov
        Actual: 18.7 Forecast: 6.1
        Previous: 10.7 Revised:

    Summary 11/17 – 11/21

    Monday, Nov 17, 2025

    GMT Ccy Events Consensus Previous
    21:30 NZD Business NZ PSI Oct 48.3
    23:50 JPY GDP Q/Q Q3 P -0.60% 0.50%
    23:50 JPY GDP Deflator Y/Y Q3 P 3.10% 2.90%
    04:30 JPY Industrial Production M/M Sep F 2.20% 2.20%
    10:00 EUR EU Economic Forecasts
    13:30 CAD CPI M/M Oct 0.20% 0.10%
    13:30 CAD CPI Y/Y Oct 2.40%
    13:30 CAD CPI Median Y/Y Oct 3.10% 3.20%
    13:30 CAD CPI Trimmed Y/Y Oct 3.00% 3.10%
    13:30 CAD CPI Common Y/Y Oct 2.80% 2.70%
    GMT Ccy Events
    21:30 NZD Business NZ PSI Oct
        Forecast: Previous: 48.3
    23:50 JPY GDP Q/Q Q3 P
        Forecast: -0.60% Previous: 0.50%
    23:50 JPY GDP Deflator Y/Y Q3 P
        Forecast: 3.10% Previous: 2.90%
    04:30 JPY Industrial Production M/M Sep F
        Forecast: 2.20% Previous: 2.20%
    10:00 EUR EU Economic Forecasts
        Forecast: Previous:
    13:30 CAD CPI M/M Oct
        Forecast: 0.20% Previous: 0.10%
    13:30 CAD CPI Y/Y Oct
        Forecast: Previous: 2.40%
    13:30 CAD CPI Median Y/Y Oct
        Forecast: 3.10% Previous: 3.20%
    13:30 CAD CPI Trimmed Y/Y Oct
        Forecast: 3.00% Previous: 3.10%
    13:30 CAD CPI Common Y/Y Oct
        Forecast: 2.80% Previous: 2.70%

    Tuesday, Nov 18, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD RBA Meeting Minutes
    13:30 USD Import Price Index M/M Oct 0.30%
    14:15 USD Industrial Production M/M Oct 0.10%
    14:15 USD Capacity Utilization Oct 77.30% 77.40%
    15:00 USD NAHB Housing Market Index Nov 36 37
    21:45 NZD PPI Input Q/Q Q3 0.60%
    21:45 NZD PPI Output Q/Q Q3 0.60%
    23:50 JPY Trade Balance (JPY) Oct -0.13T -0.31T
    23:50 JPY Machinery Orders M/M Sep 2.50% -0.90%
    23:50 JPY Machinery Orders Y/Y Sep 5.40% 1.60%
    GMT Ccy Events
    00:30 AUD RBA Meeting Minutes
        Forecast: Previous:
    13:30 USD Import Price Index M/M Oct
        Forecast: Previous: 0.30%
    14:15 USD Industrial Production M/M Oct
        Forecast: Previous: 0.10%
    14:15 USD Capacity Utilization Oct
        Forecast: 77.30% Previous: 77.40%
    15:00 USD NAHB Housing Market Index Nov
        Forecast: 36 Previous: 37
    21:45 NZD PPI Input Q/Q Q3
        Forecast: Previous: 0.60%
    21:45 NZD PPI Output Q/Q Q3
        Forecast: Previous: 0.60%
    23:50 JPY Trade Balance (JPY) Oct
        Forecast: -0.13T Previous: -0.31T
    23:50 JPY Machinery Orders M/M Sep
        Forecast: 2.50% Previous: -0.90%
    23:50 JPY Machinery Orders Y/Y Sep
        Forecast: 5.40% Previous: 1.60%

    Wednesday, Nov 19, 2025

    GMT Ccy Events Consensus Previous
    00:00 AUD Westpac Leading Index M/M Oct -0.03%
    00:30 AUD Wage Price Index Q/Q Q3 0.80% 0.80%
    07:00 GBP CPI M/M Oct 0.00%
    07:00 GBP CPI Y/Y Oct 3.60% 3.80%
    07:00 GBP Core CPI Y/Y Oct 3.40% 3.50%
    07:00 GBP RPI M/M Oct -0.40%
    07:00 GBP RPI Y/Y Oct 4.30% 4.50%
    07:00 GBP PPI Input M/M Oct -0.10%
    07:00 GBP PPI Input Y/ YOct 0.80%
    07:00 GBP PPI Output M/M Oct 0%
    07:00 GBP PPI Output Y/Y Oct 3.40%
    07:00 GBP PPI Core Output M/M Oct 0%
    07:00 GBP PPI Core Output Y/Y Oct 3.60%
    09:00 EUR Eurozone Current Account (EUR) Sep 14.5B 11.9B
    10:00 EUR Eurozone CPI Y/Y Oct F 2.10% 2.10%
    10:00 EUR Eurozone Core CPI Y/Y Oct F 2.40% 2.40%
    13:30 USD Building Permits Oct 1.312M
    13:30 USD Housing Starts Oct 1.307M
    15:30 USD Crude Oil Inventories (Nov 14) 6.4M
    19:00 USD FOMC Minutes
    GMT Ccy Events
    00:00 AUD Westpac Leading Index M/M Oct
        Forecast: Previous: -0.03%
    00:30 AUD Wage Price Index Q/Q Q3
        Forecast: 0.80% Previous: 0.80%
    07:00 GBP CPI M/M Oct
        Forecast: Previous: 0.00%
    07:00 GBP CPI Y/Y Oct
        Forecast: 3.60% Previous: 3.80%
    07:00 GBP Core CPI Y/Y Oct
        Forecast: 3.40% Previous: 3.50%
    07:00 GBP RPI M/M Oct
        Forecast: Previous: -0.40%
    07:00 GBP RPI Y/Y Oct
        Forecast: 4.30% Previous: 4.50%
    07:00 GBP PPI Input M/M Oct
        Forecast: Previous: -0.10%
    07:00 GBP PPI Input Y/ YOct
        Forecast: Previous: 0.80%
    07:00 GBP PPI Output M/M Oct
        Forecast: Previous: 0%
    07:00 GBP PPI Output Y/Y Oct
        Forecast: Previous: 3.40%
    07:00 GBP PPI Core Output M/M Oct
        Forecast: Previous: 0%
    07:00 GBP PPI Core Output Y/Y Oct
        Forecast: Previous: 3.60%
    09:00 EUR Eurozone Current Account (EUR) Sep
        Forecast: 14.5B Previous: 11.9B
    10:00 EUR Eurozone CPI Y/Y Oct F
        Forecast: 2.10% Previous: 2.10%
    10:00 EUR Eurozone Core CPI Y/Y Oct F
        Forecast: 2.40% Previous: 2.40%
    13:30 USD Building Permits Oct
        Forecast: Previous: 1.312M
    13:30 USD Housing Starts Oct
        Forecast: Previous: 1.307M
    15:30 USD Crude Oil Inventories (Nov 14)
        Forecast: Previous: 6.4M
    19:00 USD FOMC Minutes
        Forecast: Previous:

    Thursday, Nov 20, 2025

    GMT Ccy Events Consensus Previous
    01:15 CNY 1-Y Loan Prime Rate 3.00% 3.00%
    01:15 CNY 5-Y Loan Prime Rate 3.50% 3.50%
    07:00 CHF Trade Balance (CHF) Oct 4.90B 4.07B
    07:00 EUR Germany PPI M/M Oct 0.00% -0.10%
    07:00 EUR Germany PPI Y/Y Oct -1.70%
    13:30 CAD Industrial Product Price M/M Oct 0.80%
    13:30 CAD Raw Material Price Index Oct 1.70%
    13:30 USD Initial Jobless Claims
    13:30 USD Philadelphia Fed Manufacturing Nov -1.4 -12.8
    15:00 USD Existing Home Sales Oct 4.06M 4.06M
    15:00 USD Existing Home Sales Change M/M Oct 1.50%
    15:00 EUR Eurozone Consumer Confidence Nov P -14
    15:30 USD Natural Gas Storage (Nov 14)
    21:45 NZD Trade Balance (NZD) Oct 1355M
    22:00 AUD Manufacturing PMI Nov P 49.7
    22:00 AUD Services PMI Nov P 52.5
    23:30 JPY National CPI Y/Y Oct 2.90%
    23:30 JPY National CPI Core Y/Y Oct 3.00% 2.90%
    23:30 JPY National CPI Core-Core Y/Y Oct 3%
    GMT Ccy Events
    01:15 CNY 1-Y Loan Prime Rate
        Forecast: 3.00% Previous: 3.00%
    01:15 CNY 5-Y Loan Prime Rate
        Forecast: 3.50% Previous: 3.50%
    07:00 CHF Trade Balance (CHF) Oct
        Forecast: 4.90B Previous: 4.07B
    07:00 EUR Germany PPI M/M Oct
        Forecast: 0.00% Previous: -0.10%
    07:00 EUR Germany PPI Y/Y Oct
        Forecast: Previous: -1.70%
    13:30 CAD Industrial Product Price M/M Oct
        Forecast: Previous: 0.80%
    13:30 CAD Raw Material Price Index Oct
        Forecast: Previous: 1.70%
    13:30 USD Initial Jobless Claims
        Forecast: Previous:
    13:30 USD Philadelphia Fed Manufacturing Nov
        Forecast: -1.4 Previous: -12.8
    15:00 USD Existing Home Sales Oct
        Forecast: 4.06M Previous: 4.06M
    15:00 USD Existing Home Sales Change M/M Oct
        Forecast: Previous: 1.50%
    15:00 EUR Eurozone Consumer Confidence Nov P
        Forecast: Previous: -14
    15:30 USD Natural Gas Storage (Nov 14)
        Forecast: Previous:
    21:45 NZD Trade Balance (NZD) Oct
        Forecast: Previous: 1355M
    22:00 AUD Manufacturing PMI Nov P
        Forecast: Previous: 49.7
    22:00 AUD Services PMI Nov P
        Forecast: Previous: 52.5
    23:30 JPY National CPI Y/Y Oct
        Forecast: Previous: 2.90%
    23:30 JPY National CPI Core Y/Y Oct
        Forecast: 3.00% Previous: 2.90%
    23:30 JPY National CPI Core-Core Y/Y Oct
        Forecast: Previous: 3%

    Friday, Nov 21, 2025

    GMT Ccy Events Consensus Previous
    00:01 GBP GfK Consumer Confidence Nov -18 -17
    00:30 JPY Manufacturing PMI Nov P 48.2
    00:30 JPY Services PMI Nov P 53.1
    07:00 GBP Retail Sales M/M Oct 0.10% 0.50%
    07:00 GBP Public Sector Net Borrowing (GBP) Oct 15.2B 20.2B
    08:15 EUR France Manufacturing PMI Nov P 49 48.8
    08:15 EUR France Services PMI Nov P 48.6 48
    08:30 EUR Germany Manufacturing PMI Nov P 49.8 49.6
    08:30 EUR Germany Services PMI Nov P 54 54.6
    09:00 EUR Eurozone Manufacturing PMI Nov P 50.2 50
    09:00 EUR Eurozone Services PMI Nov P 53 53
    09:30 GBP Manufacturing PMI Nov P 49.3 49.7
    09:30 GBP Services PMI Nov P 52 52.3
    13:30 CAD New Housing Price Index M/M Oct 0.00% -0.20%
    13:30 CAD Retail Sales M/M Sep -0.70% 1.00%
    13:30 CAD Retail Sales ex Autos M/M Sep -0.30% 0.70%
    14:45 USD Manufacturing PMI Nov P 52.5
    14:45 USD Services PMI Nov P 54.8
    15:00 USD UoM Consumer Sentiment Nov F 50.3 50.3
    15:00 USD UoM 1-Yr Inflation Expectations Nov F 4.70% 4.70%
    GMT Ccy Events
    00:01 GBP GfK Consumer Confidence Nov
        Forecast: -18 Previous: -17
    00:30 JPY Manufacturing PMI Nov P
        Forecast: Previous: 48.2
    00:30 JPY Services PMI Nov P
        Forecast: Previous: 53.1
    07:00 GBP Retail Sales M/M Oct
        Forecast: 0.10% Previous: 0.50%
    07:00 GBP Public Sector Net Borrowing (GBP) Oct
        Forecast: 15.2B Previous: 20.2B
    08:15 EUR France Manufacturing PMI Nov P
        Forecast: 49 Previous: 48.8
    08:15 EUR France Services PMI Nov P
        Forecast: 48.6 Previous: 48
    08:30 EUR Germany Manufacturing PMI Nov P
        Forecast: 49.8 Previous: 49.6
    08:30 EUR Germany Services PMI Nov P
        Forecast: 54 Previous: 54.6
    09:00 EUR Eurozone Manufacturing PMI Nov P
        Forecast: 50.2 Previous: 50
    09:00 EUR Eurozone Services PMI Nov P
        Forecast: 53 Previous: 53
    09:30 GBP Manufacturing PMI Nov P
        Forecast: 49.3 Previous: 49.7
    09:30 GBP Services PMI Nov P
        Forecast: 52 Previous: 52.3
    13:30 CAD New Housing Price Index M/M Oct
        Forecast: 0.00% Previous: -0.20%
    13:30 CAD Retail Sales M/M Sep
        Forecast: -0.70% Previous: 1.00%
    13:30 CAD Retail Sales ex Autos M/M Sep
        Forecast: -0.30% Previous: 0.70%
    14:45 USD Manufacturing PMI Nov P
        Forecast: Previous: 52.5
    14:45 USD Services PMI Nov P
        Forecast: Previous: 54.8
    15:00 USD UoM Consumer Sentiment Nov F
        Forecast: 50.3 Previous: 50.3
    15:00 USD UoM 1-Yr Inflation Expectations Nov F
        Forecast: 4.70% Previous: 4.70%

    Eco Data 11/14/25

    GMT Ccy Events Actual Consensus Previous Revised
    21:30 NZD Business NZ PMI Oct 51.4 49.9 50.1
    02:00 CNY Industrial Production Y/Y Oct 4.90% 5.60% 6.50%
    02:00 CNY Retail Sales Y/Y Oct 2.90% 2.70% 3.00%
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Oct -1.70% -0.70% -0.50%
    04:30 JPY Tertiary Industry Index M/M Sep 0.30% 0.30% -0.40%
    10:00 EUR Eurozone GDP Q/Q Q3 P 0.20% 0.20% 0.20%
    10:00 EUR Eurozone Trade Balance (EUR) Sep 18.7B 8.8B 9.7B 10.6B
    13:30 CAD Manufacturingles M/M Sep 3.30% 2.80% -1.00% -1.10%
    13:30 CAD Wholeleles M/M Sep 0.60% 0.00% -1.20% -1.00%
    15:30 USD Natural Gas Storage (Nov 7) 45B 34B 33B
    GMT Ccy Events
    21:30 NZD Business NZ PMI Oct
        Actual: 51.4 Forecast:
        Previous: 49.9 Revised: 50.1
    02:00 CNY Industrial Production Y/Y Oct
        Actual: 4.90% Forecast: 5.60%
        Previous: 6.50% Revised:
    02:00 CNY Retail Sales Y/Y Oct
        Actual: 2.90% Forecast: 2.70%
        Previous: 3.00% Revised:
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Oct
        Actual: -1.70% Forecast: -0.70%
        Previous: -0.50% Revised:
    04:30 JPY Tertiary Industry Index M/M Sep
        Actual: 0.30% Forecast: 0.30%
        Previous: -0.40% Revised:
    10:00 EUR Eurozone GDP Q/Q Q3 P
        Actual: 0.20% Forecast: 0.20%
        Previous: 0.20% Revised:
    10:00 EUR Eurozone Trade Balance (EUR) Sep
        Actual: 18.7B Forecast: 8.8B
        Previous: 9.7B Revised: 10.6B
    13:30 CAD Manufacturingles M/M Sep
        Actual: 3.30% Forecast: 2.80%
        Previous: -1.00% Revised: -1.10%
    13:30 CAD Wholeleles M/M Sep
        Actual: 0.60% Forecast: 0.00%
        Previous: -1.20% Revised: -1.00%
    15:30 USD Natural Gas Storage (Nov 7)
        Actual: 45B Forecast: 34B
        Previous: 33B Revised:

    Eco Data 11/13/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY PPI Y/Y Oct 2.70% 2.50% 2.70% 2.80%
    00:00 AUD Consumer Inflation Expectations Nov 4.50% 4.80%
    00:01 GBP RICS Housing Price Balance Oct -19% -14% -15% -17%
    00:30 AUD Employment Change Oct 42.2K 20.3K 14.9K 12.8K
    00:30 AUD Unemployment Rate Oct 4.30% 4.40% 4.50%
    07:00 GBP GDP M/M Sep -0.10% 0.00% 0.10% 0.00%
    07:00 GBP GDP Q/Q Q3 P 0.10% 0.20% 0.30%
    07:00 GBP Industrial Production M/M Sep -2.00% -0.10% 0.40% 0.30%
    07:00 GBP Industrial Production Y/Y Sep -2.50% -1.20% -0.70% -0.50%
    07:00 GBP Manufacturing Production M/M Sep -1.70% -0.30% 0.70% 0.60%
    07:00 GBP Manufacturing Production Y/Y Sep -2.20% -0.80% -0.80% -0.70%
    07:00 GBP Goods Trade Balance (GBP) Sep -18.9B -20.8B -21.2B -19.5B
    07:30 CHF Producer and Import Prices M/M Oct -0.30% 0.10% -0.20%
    07:30 CHF Producer and Import Prices Y/Y Oct -1.70% -1.80%
    09:00 EUR ECB Economic Bulletin
    10:00 EUR Eurozone Industrial Production M/M Sep 0.20% 0.80% -1.20% -1.10%
    17:00 USD Crude Oil Inventories (Nov 7) 6.4M 1.0M 5.2M
    GMT Ccy Events
    23:50 JPY PPI Y/Y Oct
        Actual: 2.70% Forecast: 2.50%
        Previous: 2.70% Revised: 2.80%
    00:00 AUD Consumer Inflation Expectations Nov
        Actual: 4.50% Forecast:
        Previous: 4.80% Revised:
    00:01 GBP RICS Housing Price Balance Oct
        Actual: -19% Forecast: -14%
        Previous: -15% Revised: -17%
    00:30 AUD Employment Change Oct
        Actual: 42.2K Forecast: 20.3K
        Previous: 14.9K Revised: 12.8K
    00:30 AUD Unemployment Rate Oct
        Actual: 4.30% Forecast: 4.40%
        Previous: 4.50% Revised:
    07:00 GBP GDP M/M Sep
        Actual: -0.10% Forecast: 0.00%
        Previous: 0.10% Revised: 0.00%
    07:00 GBP GDP Q/Q Q3 P
        Actual: 0.10% Forecast: 0.20%
        Previous: 0.30% Revised:
    07:00 GBP Industrial Production M/M Sep
        Actual: -2.00% Forecast: -0.10%
        Previous: 0.40% Revised: 0.30%
    07:00 GBP Industrial Production Y/Y Sep
        Actual: -2.50% Forecast: -1.20%
        Previous: -0.70% Revised: -0.50%
    07:00 GBP Manufacturing Production M/M Sep
        Actual: -1.70% Forecast: -0.30%
        Previous: 0.70% Revised: 0.60%
    07:00 GBP Manufacturing Production Y/Y Sep
        Actual: -2.20% Forecast: -0.80%
        Previous: -0.80% Revised: -0.70%
    07:00 GBP Goods Trade Balance (GBP) Sep
        Actual: -18.9B Forecast: -20.8B
        Previous: -21.2B Revised: -19.5B
    07:30 CHF Producer and Import Prices M/M Oct
        Actual: -0.30% Forecast: 0.10%
        Previous: -0.20% Revised:
    07:30 CHF Producer and Import Prices Y/Y Oct
        Actual: -1.70% Forecast:
        Previous: -1.80% Revised:
    09:00 EUR ECB Economic Bulletin
        Actual: Forecast:
        Previous: Revised:
    10:00 EUR Eurozone Industrial Production M/M Sep
        Actual: 0.20% Forecast: 0.80%
        Previous: -1.20% Revised: -1.10%
    17:00 USD Crude Oil Inventories (Nov 7)
        Actual: 6.4M Forecast: 1.0M
        Previous: 5.2M Revised:
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