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    Economic Calendar

    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:

    Eco Data 11/12/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY Money Supply M2+CD Y/Y Oct 1.60% 1.80% 1.60% 1.50%
    06:00 JPY Machine Tool Orders Y/Y Oct P 16.80% 9.90% 11.00%
    07:00 EUR Germany CPI M/M Oct F 0.30% 0.30% 0.30%
    07:00 EUR Germany CPI Y/Y Oct F 2.30% 2.30% 2.30%
    13:30 CAD Building Permits M/M Sep 4.50% 0.90% -1.20% -4.00%
    18:30 CAD BoC Summary of Deliberations
    GMT Ccy Events
    23:50 JPY Money Supply M2+CD Y/Y Oct
        Actual: 1.60% Forecast: 1.80%
        Previous: 1.60% Revised: 1.50%
    06:00 JPY Machine Tool Orders Y/Y Oct P
        Actual: 16.80% Forecast:
        Previous: 9.90% Revised: 11.00%
    07:00 EUR Germany CPI M/M Oct F
        Actual: 0.30% Forecast: 0.30%
        Previous: 0.30% Revised:
    07:00 EUR Germany CPI Y/Y Oct F
        Actual: 2.30% Forecast: 2.30%
        Previous: 2.30% Revised:
    13:30 CAD Building Permits M/M Sep
        Actual: 4.50% Forecast: 0.90%
        Previous: -1.20% Revised: -4.00%
    18:30 CAD BoC Summary of Deliberations
        Actual: Forecast:
        Previous: Revised:

    Eco Data 11/11/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:30 AUD Westpac Consumer Confidence Nov 12.80% -3.50%
    23:50 JPY Bank Lending Y/Y Oct 4.10% 3.80% 3.80%
    23:50 JPY Current Account (JPY) Sep 4.35T 2.26T 2.46T 2.39T
    00:30 AUD NAB Business Confidence Oct 6 7
    00:30 AUD NAB Business Conditions Oct 9 8
    02:00 NZD RBNZ Inflation ExpectationsQ4 2.28% 2.28%
    05:00 JPY Eco Watchers Survey: Current Oct 49.1 47.6 47.1
    07:00 GBP Claimant Count Change Oct 29K 20.3K 25.8K 0.4K
    07:00 GBP ILO Unemployment Rate (3M) Sep 5.00% 4.90% 4.80%
    07:00 GBP Average Earnings Incl Bonus 3M/Y Sep 4.80% 4.90% 5.00%
    07:00 GBP Average Earnings Excl Bonus 3M/Y Sep 4.60% 4.60% 4.70%
    10:00 EUR Germany ZEW Economic Sentiment Nov 38.5 42.5 39.3
    10:00 EUR Germany ZEW Current Situation Nov -78.7 -77.5 -80
    10:00 EUR Eurozone ZEW Economic Sentiment Nov 25 23.5 22.7
    11:00 USD NFIB Business Optimism Index Oct 98.2 98.3 98.8
    GMT Ccy Events
    23:30 AUD Westpac Consumer Confidence Nov
        Actual: 12.80% Forecast:
        Previous: -3.50% Revised:
    23:50 JPY Bank Lending Y/Y Oct
        Actual: 4.10% Forecast: 3.80%
        Previous: 3.80% Revised:
    23:50 JPY Current Account (JPY) Sep
        Actual: 4.35T Forecast: 2.26T
        Previous: 2.46T Revised: 2.39T
    00:30 AUD NAB Business Confidence Oct
        Actual: 6 Forecast:
        Previous: 7 Revised:
    00:30 AUD NAB Business Conditions Oct
        Actual: 9 Forecast:
        Previous: 8 Revised:
    02:00 NZD RBNZ Inflation ExpectationsQ4
        Actual: 2.28% Forecast:
        Previous: 2.28% Revised:
    05:00 JPY Eco Watchers Survey: Current Oct
        Actual: 49.1 Forecast: 47.6
        Previous: 47.1 Revised:
    07:00 GBP Claimant Count Change Oct
        Actual: 29K Forecast: 20.3K
        Previous: 25.8K Revised: 0.4K
    07:00 GBP ILO Unemployment Rate (3M) Sep
        Actual: 5.00% Forecast: 4.90%
        Previous: 4.80% Revised:
    07:00 GBP Average Earnings Incl Bonus 3M/Y Sep
        Actual: 4.80% Forecast: 4.90%
        Previous: 5.00% Revised:
    07:00 GBP Average Earnings Excl Bonus 3M/Y Sep
        Actual: 4.60% Forecast: 4.60%
        Previous: 4.70% Revised:
    10:00 EUR Germany ZEW Economic Sentiment Nov
        Actual: 38.5 Forecast: 42.5
        Previous: 39.3 Revised:
    10:00 EUR Germany ZEW Current Situation Nov
        Actual: -78.7 Forecast: -77.5
        Previous: -80 Revised:
    10:00 EUR Eurozone ZEW Economic Sentiment Nov
        Actual: 25 Forecast: 23.5
        Previous: 22.7 Revised:
    11:00 USD NFIB Business Optimism Index Oct
        Actual: 98.2 Forecast: 98.3
        Previous: 98.8 Revised:

    Eco Data 11/10/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY BoJ Summary of Opinions
    05:00 JPY Leading Economic Index Sep P 108 107.9 107
    09:30 EUR Eurozone Sentix Investor Confidence Nov -7.4 -3.9 -5.4
    GMT Ccy Events
    23:50 JPY BoJ Summary of Opinions
        Actual: Forecast:
        Previous: Revised:
    05:00 JPY Leading Economic Index Sep P
        Actual: 108 Forecast: 107.9
        Previous: 107 Revised:
    09:30 EUR Eurozone Sentix Investor Confidence Nov
        Actual: -7.4 Forecast: -3.9
        Previous: -5.4 Revised:

    Summary 11/10 – 11/14

    Monday, Nov 10, 2025

    GMT Ccy Events Consensus Previous
    23:50 JPY BoJ Summary of Opinions
    05:00 JPY Leading Economic Index Sep P 107.9 107
    09:30 EUR Eurozone Sentix Investor Confidence Nov -3.9 -5.4
    23:30 AUD Westpac Consumer Confidence Nov -3.50%
    23:50 JPY Bank Lending Y/Y Oct 3.80% 3.80%
    23:50 JPY Current Account (JPY) Sep 2.26T 2.46T
    GMT Ccy Events
    23:50 JPY BoJ Summary of Opinions
        Forecast: Previous:
    05:00 JPY Leading Economic Index Sep P
        Forecast: 107.9 Previous: 107
    09:30 EUR Eurozone Sentix Investor Confidence Nov
        Forecast: -3.9 Previous: -5.4
    23:30 AUD Westpac Consumer Confidence Nov
        Forecast: Previous: -3.50%
    23:50 JPY Bank Lending Y/Y Oct
        Forecast: 3.80% Previous: 3.80%
    23:50 JPY Current Account (JPY) Sep
        Forecast: 2.26T Previous: 2.46T

    Tuesday, Nov 11, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD NAB Business Confidence Oct 7
    00:30 AUD NAB Business Conditions Oct 8
    02:00 NZD RBNZ Inflation ExpectationsQ4 2.28%
    05:00 JPY Eco Watchers Survey: Current Oct 47.6 47.1
    07:00 GBP Claimant Count Change Oct 20.3K 25.8K
    07:00 GBP ILO Unemployment Rate (3M) Oct 4.90% 4.80%
    07:00 GBP Average Earnings Including Bonus 3M/Y Oct 4.90% 5.00%
    07:00 GBP Average Earnings Excluding Bonus 3M/Y Oct 4.60% 4.70%
    10:00 EUR Germany ZEW Economic Sentiment Nov 42.5 39.3
    10:00 EUR Germany ZEW Current Situation Nov -80
    10:00 EUR Eurozone ZEW Economic Sentiment Nov 23.5 22.7
    11:00 USD NFIB Business Optimism Index Oct 98.3 98.8
    23:50 JPY Money Supply M2+CD Y/Y Oct 1.60%
    GMT Ccy Events
    00:30 AUD NAB Business Confidence Oct
        Forecast: Previous: 7
    00:30 AUD NAB Business Conditions Oct
        Forecast: Previous: 8
    02:00 NZD RBNZ Inflation ExpectationsQ4
        Forecast: Previous: 2.28%
    05:00 JPY Eco Watchers Survey: Current Oct
        Forecast: 47.6 Previous: 47.1
    07:00 GBP Claimant Count Change Oct
        Forecast: 20.3K Previous: 25.8K
    07:00 GBP ILO Unemployment Rate (3M) Oct
        Forecast: 4.90% Previous: 4.80%
    07:00 GBP Average Earnings Including Bonus 3M/Y Oct
        Forecast: 4.90% Previous: 5.00%
    07:00 GBP Average Earnings Excluding Bonus 3M/Y Oct
        Forecast: 4.60% Previous: 4.70%
    10:00 EUR Germany ZEW Economic Sentiment Nov
        Forecast: 42.5 Previous: 39.3
    10:00 EUR Germany ZEW Current Situation Nov
        Forecast: Previous: -80
    10:00 EUR Eurozone ZEW Economic Sentiment Nov
        Forecast: 23.5 Previous: 22.7
    11:00 USD NFIB Business Optimism Index Oct
        Forecast: 98.3 Previous: 98.8
    23:50 JPY Money Supply M2+CD Y/Y Oct
        Forecast: Previous: 1.60%

    Wednesday, Nov 12, 2025

    GMT Ccy Events Consensus Previous
    06:00 JPY Machine Tool Orders Y/Y Oct P 9.90%
    07:00 EUR Germany CPI M/M Oct F 0.30% 0.30%
    07:00 EUR Germany CPI Y/Y Oct F 2.30% 2.30%
    13:30 CAD Building Permits M/M Sep 0.90% -1.20%
    18:30 CAD BoC Summary of Deliberations
    23:50 JPY PPI Y/Y Oct 2.50% 2.70%
    GMT Ccy Events
    06:00 JPY Machine Tool Orders Y/Y Oct P
        Forecast: Previous: 9.90%
    07:00 EUR Germany CPI M/M Oct F
        Forecast: 0.30% Previous: 0.30%
    07:00 EUR Germany CPI Y/Y Oct F
        Forecast: 2.30% Previous: 2.30%
    13:30 CAD Building Permits M/M Sep
        Forecast: 0.90% Previous: -1.20%
    18:30 CAD BoC Summary of Deliberations
        Forecast: Previous:
    23:50 JPY PPI Y/Y Oct
        Forecast: 2.50% Previous: 2.70%

    Thursday, Nov 13, 2025

    GMT Ccy Events Consensus Previous
    00:00 AUD Consumer Inflation Expectations Nov 4.80%
    00:01 GBP RICS Housing Price Balance Oct -14% -15%
    00:30 AUD Employment Change Oct 20.3K 14.9K
    00:30 AUD Unemployment RateOct 4.40% 4.50%
    07:00 GBP GDP M/M Sep 0.00% 0.10%
    07:00 GBP GDP Q/Q Q3 P 0.20% 0.30%
    07:00 GBP Industrial Production M/M Sep -0.10% 0.40%
    07:00 GBP Industrial Production Y/Y Sep -0.70%
    07:00 GBP Manufacturing Production M/M Sep -0.30% 0.70%
    07:00 GBP Manufacturing Production Y/Y Sep -0.80%
    07:00 GBP Goods Trade Balance (GBP) Sep -20.8B -21.2B
    07:30 CHF Producer and Import Prices M/M Oct 0.10% -0.20%
    07:30 CHF Producer and Import Prices Y/Y Oct -1.80%
    09:00 EUR ECB Economic Bulletin
    10:00 EUR Eurozone Industrial Production M/M Sep 0.80% -1.20%
    17:00 USD Crude Oil Inventories (Nov 7) 5.2M
    21:30 NZD Business NZ PMI Oct 49.9
    GMT Ccy Events
    00:00 AUD Consumer Inflation Expectations Nov
        Forecast: Previous: 4.80%
    00:01 GBP RICS Housing Price Balance Oct
        Forecast: -14% Previous: -15%
    00:30 AUD Employment Change Oct
        Forecast: 20.3K Previous: 14.9K
    00:30 AUD Unemployment RateOct
        Forecast: 4.40% Previous: 4.50%
    07:00 GBP GDP M/M Sep
        Forecast: 0.00% Previous: 0.10%
    07:00 GBP GDP Q/Q Q3 P
        Forecast: 0.20% Previous: 0.30%
    07:00 GBP Industrial Production M/M Sep
        Forecast: -0.10% Previous: 0.40%
    07:00 GBP Industrial Production Y/Y Sep
        Forecast: Previous: -0.70%
    07:00 GBP Manufacturing Production M/M Sep
        Forecast: -0.30% Previous: 0.70%
    07:00 GBP Manufacturing Production Y/Y Sep
        Forecast: Previous: -0.80%
    07:00 GBP Goods Trade Balance (GBP) Sep
        Forecast: -20.8B Previous: -21.2B
    07:30 CHF Producer and Import Prices M/M Oct
        Forecast: 0.10% Previous: -0.20%
    07:30 CHF Producer and Import Prices Y/Y Oct
        Forecast: Previous: -1.80%
    09:00 EUR ECB Economic Bulletin
        Forecast: Previous:
    10:00 EUR Eurozone Industrial Production M/M Sep
        Forecast: 0.80% Previous: -1.20%
    17:00 USD Crude Oil Inventories (Nov 7)
        Forecast: Previous: 5.2M
    21:30 NZD Business NZ PMI Oct
        Forecast: Previous: 49.9

    Friday, Nov 14, 2025

    GMT Ccy Events Consensus Previous
    02:00 CNY Industrial Production Y/Y Oct 5.60% 6.50%
    02:00 CNY Retail Sales Y/Y Oct 2.70% 3.00%
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Oct -0.70% -0.50%
    04:30 JPY Tertiary Industry Index M/M Sep 0.30% -0.40%
    10:00 EUR Eurozone GDP Q/Q Q3 P 0.20% 0.20%
    10:00 EUR Eurozone Trade Balance (EUR) Sep 9.7B
    13:30 CAD Manufacturingles M/M Sep 2.80% -1.00%
    13:30 CAD Wholeleles M/M Sep 0.00% -1.20%
    15:30 USD Natural Gas Storage (Nov 7) 33B
    GMT Ccy Events
    02:00 CNY Industrial Production Y/Y Oct
        Forecast: 5.60% Previous: 6.50%
    02:00 CNY Retail Sales Y/Y Oct
        Forecast: 2.70% Previous: 3.00%
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Oct
        Forecast: -0.70% Previous: -0.50%
    04:30 JPY Tertiary Industry Index M/M Sep
        Forecast: 0.30% Previous: -0.40%
    10:00 EUR Eurozone GDP Q/Q Q3 P
        Forecast: 0.20% Previous: 0.20%
    10:00 EUR Eurozone Trade Balance (EUR) Sep
        Forecast: Previous: 9.7B
    13:30 CAD Manufacturingles M/M Sep
        Forecast: 2.80% Previous: -1.00%
    13:30 CAD Wholeleles M/M Sep
        Forecast: 0.00% Previous: -1.20%
    15:30 USD Natural Gas Storage (Nov 7)
        Forecast: Previous: 33B

    Eco Data 11/7/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:30 JPY Overall Household Spending Y/Y Sep 1.80% 2.50% 2.30%
    03:00 CNY Trade Balance (USD) Oct 90.1B 95.6B 90.5B
    07:00 EUR Germany Trade Balance (EUR) Sep 15.3B 17.0B 17.2B 16.9B
    08:00 CHF Foreign Currency Reserves (CHF) Oct 725B 727B
    13:30 CAD Net Change in Employment Oct 66.6K -4.0K 60.4K
    13:30 CAD Unemployment Rate Oct 6.90% 7.20% 7.10%
    15:00 USD UoM Consumer Sentiment (Nov) P 50.3 53.2 53.6
    15:00 USD UoM 1-year Inflation Expectations (Nov) P 4.70% 4.60%
    GMT Ccy Events
    23:30 JPY Overall Household Spending Y/Y Sep
        Actual: 1.80% Forecast: 2.50%
        Previous: 2.30% Revised:
    03:00 CNY Trade Balance (USD) Oct
        Actual: 90.1B Forecast: 95.6B
        Previous: 90.5B Revised:
    07:00 EUR Germany Trade Balance (EUR) Sep
        Actual: 15.3B Forecast: 17.0B
        Previous: 17.2B Revised: 16.9B
    08:00 CHF Foreign Currency Reserves (CHF) Oct
        Actual: 725B Forecast:
        Previous: 727B Revised:
    13:30 CAD Net Change in Employment Oct
        Actual: 66.6K Forecast: -4.0K
        Previous: 60.4K Revised:
    13:30 CAD Unemployment Rate Oct
        Actual: 6.90% Forecast: 7.20%
        Previous: 7.10% Revised:
    15:00 USD UoM Consumer Sentiment (Nov) P
        Actual: 50.3 Forecast: 53.2
        Previous: 53.6 Revised:
    15:00 USD UoM 1-year Inflation Expectations (Nov) P
        Actual: 4.70% Forecast:
        Previous: 4.60% Revised:

    Eco Data 11/6/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:30 JPY Labor Cash Earnings Y/Y Sep 1.90% 2.00% 1.50% 1.30%
    00:30 JPY Services PMI Oct 53.1 52.4 52.4
    00:30 AUD Trade Balance (AUD) M/M Sep 3.94B 3.85B 1.83B 1.11B
    07:00 EUR Germany Industrial Production M/M Sep 1.30% 2.80% -4.30%
    08:00 CHF Unemployment Rate M/M Oct 3.00% 3.00% 3.00%
    08:57 USD Challenger Job Cuts Y/Y Oct 175.30% -25.80%
    09:30 GBP Construction PMI Oct 44.1 46.9 46.2
    10:00 EUR Eurozone Retail Sales M/M Sep -0.10% 0.20% 0.10%
    12:00 GBP BoE Interest Rate Decision 4.00% 4.00% 4.00%
    12:00 GBP BoE MPC Official Bank Rate Votes 0--4--5 0--1--8 0--2--7
    15:00 CAD Ivey PMI Oct 52.4 55.2 59.8
    15:30 USD Natural Gas Storage (Oct 31) 33B 34B 74B
    GMT Ccy Events
    23:30 JPY Labor Cash Earnings Y/Y Sep
        Actual: 1.90% Forecast: 2.00%
        Previous: 1.50% Revised: 1.30%
    00:30 JPY Services PMI Oct
        Actual: 53.1 Forecast: 52.4
        Previous: 52.4 Revised:
    00:30 AUD Trade Balance (AUD) M/M Sep
        Actual: 3.94B Forecast: 3.85B
        Previous: 1.83B Revised: 1.11B
    07:00 EUR Germany Industrial Production M/M Sep
        Actual: 1.30% Forecast: 2.80%
        Previous: -4.30% Revised:
    08:00 CHF Unemployment Rate M/M Oct
        Actual: 3.00% Forecast: 3.00%
        Previous: 3.00% Revised:
    08:57 USD Challenger Job Cuts Y/Y Oct
        Actual: 175.30% Forecast:
        Previous: -25.80% Revised:
    09:30 GBP Construction PMI Oct
        Actual: 44.1 Forecast: 46.9
        Previous: 46.2 Revised:
    10:00 EUR Eurozone Retail Sales M/M Sep
        Actual: -0.10% Forecast: 0.20%
        Previous: 0.10% Revised:
    12:00 GBP BoE Interest Rate Decision
        Actual: 4.00% Forecast: 4.00%
        Previous: 4.00% Revised:
    12:00 GBP BoE MPC Official Bank Rate Votes
        Actual: 0--4--5 Forecast: 0--1--8
        Previous: 0--2--7 Revised:
    15:00 CAD Ivey PMI Oct
        Actual: 52.4 Forecast: 55.2
        Previous: 59.8 Revised:
    15:30 USD Natural Gas Storage (Oct 31)
        Actual: 33B Forecast: 34B
        Previous: 74B Revised:

    Eco Data 11/5/25

    GMT Ccy Events Actual Consensus Previous Revised
    21:45 NZD Employment Change Q3 0.00% 0.10% -0.10% -0.20%
    21:45 NZD Unemployment Rate Q3 5.30% 5.30% 5.20%
    23:50 JPY Monetary Base Y/Y Oct -7.80% -5.00% -6.20%
    23:50 JPY BoJ Minutes
    01:45 CNY RatingDog Services PMI Oct 52.6 52.6 52.9
    07:00 EUR Germany Factory Orders M/M Sep 1.10% 0.80% -0.80% -0.40%
    08:50 EUR France Services PMI Oct F 48 47.1 47.1
    08:55 EUR Germany Services PMI Oct F 54.6 54.5 54.5
    09:00 EUR Eurozone Services PMI Oct F 53 52.6 52.6
    09:30 GBP Services PMI Oct F 52.3 51.1 51.1
    10:00 EUR Eurozone PPI M/M Sep -0.10% -0.10% -0.30% -0.40%
    10:00 EUR Eurozone PPI Y/Y Sep -0.20% -0.20% -0.60%
    13:15 USD ADP Employment Change Oct 42K 32K -32K -29K
    14:45 USD Services PMI Oct F 54.8 55.2 55.2
    15:00 USD ISM Services PMI Oct 52.4 50.8 50
    15:30 USD Crude Oil Inventories (Oct 31) 5.2M -2.5M -6.9M
    GMT Ccy Events
    21:45 NZD Employment Change Q3
        Actual: 0.00% Forecast: 0.10%
        Previous: -0.10% Revised: -0.20%
    21:45 NZD Unemployment Rate Q3
        Actual: 5.30% Forecast: 5.30%
        Previous: 5.20% Revised:
    23:50 JPY Monetary Base Y/Y Oct
        Actual: -7.80% Forecast: -5.00%
        Previous: -6.20% Revised:
    23:50 JPY BoJ Minutes
        Actual: Forecast:
        Previous: Revised:
    01:45 CNY RatingDog Services PMI Oct
        Actual: 52.6 Forecast: 52.6
        Previous: 52.9 Revised:
    07:00 EUR Germany Factory Orders M/M Sep
        Actual: 1.10% Forecast: 0.80%
        Previous: -0.80% Revised: -0.40%
    08:50 EUR France Services PMI Oct F
        Actual: 48 Forecast: 47.1
        Previous: 47.1 Revised:
    08:55 EUR Germany Services PMI Oct F
        Actual: 54.6 Forecast: 54.5
        Previous: 54.5 Revised:
    09:00 EUR Eurozone Services PMI Oct F
        Actual: 53 Forecast: 52.6
        Previous: 52.6 Revised:
    09:30 GBP Services PMI Oct F
        Actual: 52.3 Forecast: 51.1
        Previous: 51.1 Revised:
    10:00 EUR Eurozone PPI M/M Sep
        Actual: -0.10% Forecast: -0.10%
        Previous: -0.30% Revised: -0.40%
    10:00 EUR Eurozone PPI Y/Y Sep
        Actual: -0.20% Forecast: -0.20%
        Previous: -0.60% Revised:
    13:15 USD ADP Employment Change Oct
        Actual: 42K Forecast: 32K
        Previous: -32K Revised: -29K
    14:45 USD Services PMI Oct F
        Actual: 54.8 Forecast: 55.2
        Previous: 55.2 Revised:
    15:00 USD ISM Services PMI Oct
        Actual: 52.4 Forecast: 50.8
        Previous: 50 Revised:
    15:30 USD Crude Oil Inventories (Oct 31)
        Actual: 5.2M Forecast: -2.5M
        Previous: -6.9M Revised:
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