Summary 8/18 – 8/22

    Monday, Aug 18, 2025

    GMT Ccy Events Consensus Previous
    22:30 NZD Business NZ PSI Jul 47.3
    23:01 GBP Rightmove House Price Index M/M Aug -1.20%
    04:30 JPY Tertiary Industry Index M/M Jun 0.30% 0.60%
    09:00 EUR Eurozone Trade Balance (EUR) Jun 17.5B 16.2B
    12:15 CAD Housing Starts Jul 259K 284K
    14:00 USD NAHB Housing Market Index Aug 33 33
    22:45 NZD PPI Input Q/Q Q2 2.90%
    22:45 NZD PPI Output Q/Q Q2 2.10%
    GMT Ccy Events
    22:30 NZD Business NZ PSI Jul
        Forecast: Previous: 47.3
    23:01 GBP Rightmove House Price Index M/M Aug
        Forecast: Previous: -1.20%
    04:30 JPY Tertiary Industry Index M/M Jun
        Forecast: 0.30% Previous: 0.60%
    09:00 EUR Eurozone Trade Balance (EUR) Jun
        Forecast: 17.5B Previous: 16.2B
    12:15 CAD Housing Starts Jul
        Forecast: 259K Previous: 284K
    14:00 USD NAHB Housing Market Index Aug
        Forecast: 33 Previous: 33
    22:45 NZD PPI Input Q/Q Q2
        Forecast: Previous: 2.90%
    22:45 NZD PPI Output Q/Q Q2
        Forecast: Previous: 2.10%

    Tuesday, Aug 19, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD Westpac Consumer Confidence Aug 0.60%
    08:00 EUR Eurozone Current Account (EUR) Jun 30.3B 32.3B
    12:30 USD Building Permits Jul 1.39M 1.40M
    12:30 USD Housing Starts Jul 1.30M 1.32M
    12:30 CAD CPI M/M Jul 0.40% 0.10%
    12:30 CAD CPI Y/Y Jul 1.90%
    12:30 CAD CPI Median Y/Y Jul 3.10% 3.10%
    12:30 CAD CPI Trimmed Y/Y Jul 3.10% 3.00%
    12:30 CAD CPI Common Y/Y Jul 2.70% 2.60%
    23:50 JPY Trade Balance (JPY) Jul -0.08T -0.24T
    23:50 JPY Machinery Orders M/M Jun -0.50% -0.60%
    GMT Ccy Events
    00:30 AUD Westpac Consumer Confidence Aug
        Forecast: Previous: 0.60%
    08:00 EUR Eurozone Current Account (EUR) Jun
        Forecast: 30.3B Previous: 32.3B
    12:30 USD Building Permits Jul
        Forecast: 1.39M Previous: 1.40M
    12:30 USD Housing Starts Jul
        Forecast: 1.30M Previous: 1.32M
    12:30 CAD CPI M/M Jul
        Forecast: 0.40% Previous: 0.10%
    12:30 CAD CPI Y/Y Jul
        Forecast: Previous: 1.90%
    12:30 CAD CPI Median Y/Y Jul
        Forecast: 3.10% Previous: 3.10%
    12:30 CAD CPI Trimmed Y/Y Jul
        Forecast: 3.10% Previous: 3.00%
    12:30 CAD CPI Common Y/Y Jul
        Forecast: 2.70% Previous: 2.60%
    23:50 JPY Trade Balance (JPY) Jul
        Forecast: -0.08T Previous: -0.24T
    23:50 JPY Machinery Orders M/M Jun
        Forecast: -0.50% Previous: -0.60%

    Wednesday, Aug 20, 2025

    GMT Ccy Events Consensus Previous
    01:00 CNY 1-Y Loan Prime Rate 3.00% 3.00%
    01:00 CNY 5-Y Loan Prime Rate 3.50% 3.50%
    02:00 NZD RBNZ Interest Rate Decision 3.00% 3.25%
    06:00 EUR Germany PPI M/M Jul 0.20% 0.10%
    06:00 EUR Germany PPI Y/Y Jul -1.30%
    06:00 GBP CPI M/M Jul 0.30%
    06:00 GBP CPI Y/Y Jul 3.70% 3.60%
    06:00 GBP Core CPI Y/Y Jul 3.70% 3.70%
    06:00 GBP RPI M/M Jul 0.40%
    06:00 GBP RPI Y/Y Jul 4.50% 4.40%
    06:00 GBP PPI Input M/M Jul 0.80%
    06:00 GBP PPI Input Y/Y Jul -0.10%
    06:00 GBP PPI Output M/M Jul 0.50%
    06:00 GBP PPI Output Y/Y Jul 0.30%
    06:00 GBP PPI Core Output M/M Jul 0.30%
    06:00 GBP PPI Core Output Y/Y Jul 1.50%
    09:00 EUR Eurozone CPI Y/Y Jul F 2.00% 2.00%
    09:00 EUR Eurozone CPI Core Y/Y Jul F 2.30% 2.30%
    12:30 CAD New Housing Price Index M/M Jul 0.10% -0.20%
    14:30 USD Crude Oil Inventories 3.0M
    18:00 USD FOMC Minutes
    22:45 NZD Trade Balance (NZD) Jul 142M
    23:00 AUD Manufacturing PMI Aug P 51.3
    23:00 AUD Services PMI Aug P 54.1
    GMT Ccy Events
    01:00 CNY 1-Y Loan Prime Rate
        Forecast: 3.00% Previous: 3.00%
    01:00 CNY 5-Y Loan Prime Rate
        Forecast: 3.50% Previous: 3.50%
    02:00 NZD RBNZ Interest Rate Decision
        Forecast: 3.00% Previous: 3.25%
    06:00 EUR Germany PPI M/M Jul
        Forecast: 0.20% Previous: 0.10%
    06:00 EUR Germany PPI Y/Y Jul
        Forecast: Previous: -1.30%
    06:00 GBP CPI M/M Jul
        Forecast: Previous: 0.30%
    06:00 GBP CPI Y/Y Jul
        Forecast: 3.70% Previous: 3.60%
    06:00 GBP Core CPI Y/Y Jul
        Forecast: 3.70% Previous: 3.70%
    06:00 GBP RPI M/M Jul
        Forecast: Previous: 0.40%
    06:00 GBP RPI Y/Y Jul
        Forecast: 4.50% Previous: 4.40%
    06:00 GBP PPI Input M/M Jul
        Forecast: Previous: 0.80%
    06:00 GBP PPI Input Y/Y Jul
        Forecast: Previous: -0.10%
    06:00 GBP PPI Output M/M Jul
        Forecast: Previous: 0.50%
    06:00 GBP PPI Output Y/Y Jul
        Forecast: Previous: 0.30%
    06:00 GBP PPI Core Output M/M Jul
        Forecast: Previous: 0.30%
    06:00 GBP PPI Core Output Y/Y Jul
        Forecast: Previous: 1.50%
    09:00 EUR Eurozone CPI Y/Y Jul F
        Forecast: 2.00% Previous: 2.00%
    09:00 EUR Eurozone CPI Core Y/Y Jul F
        Forecast: 2.30% Previous: 2.30%
    12:30 CAD New Housing Price Index M/M Jul
        Forecast: 0.10% Previous: -0.20%
    14:30 USD Crude Oil Inventories
        Forecast: Previous: 3.0M
    18:00 USD FOMC Minutes
        Forecast: Previous:
    22:45 NZD Trade Balance (NZD) Jul
        Forecast: Previous: 142M
    23:00 AUD Manufacturing PMI Aug P
        Forecast: Previous: 51.3
    23:00 AUD Services PMI Aug P
        Forecast: Previous: 54.1

    Thursday, Aug 21, 2025

    GMT Ccy Events Consensus Previous
    00:30 JPY Manufacturing PMI Aug P 49.2 48.9
    00:30 JPY Services PMI Aug P 53.6
    01:00 AUD Consumer Inflation Expectations Aug 4.70%
    06:00 GBP Public Sector Net Borrowing (GBP) Jul 1.9B 20.7B
    07:15 EUR France Manufacturing PMI Aug P 48.3 48.2
    07:15 EUR France Services PMI Aug P 48.6 48.5
    07:30 EUR Germany Manufacturing PMI Aug P 48.9 49.1
    07:30 EUR Germany Services PMI Aug P 50.8 50.6
    08:00 EUR Eurozone Manufacturing PMI Aug P 49.5 49.8
    08:00 EUR Eurozone Services PMI Aug P 50.6 51
    08:30 GBP Manufacturing PMI Aug P 48.3 48
    08:30 GBP Services PMI Aug P 52 51.8
    12:30 CAD IPPI M/M Jul 0.40%
    12:30 CAD RMPI Jul 2.70%
    12:30 USD Initial Jobless Claims (Aug 15) 227K 224K
    12:30 USD Philadelphia Fed Manufacturing Aug 8.1 15.9
    13:45 USD Manufacturing PMI Aug P 49.8
    13:45 USD Services PMI Aug P 55.7
    14:00 USD Existing Home Sales Jul 3.92M 3.93M
    14:00 EUR Eurozone Consumer Confidence Aug P -15 -15
    14:30 USD Natural Gas Storage 56B
    23:01 GBP GfK Consumer Confidence Aug -19 -19
    23:30 JPY National CPI Y/Y Jul 3.30%
    23:30 JPY National CPI Core Y/Y Jul 3.00% 3.30%
    23:30 JPY National CPI Core-Core Y/Y Jul 3.40%
    GMT Ccy Events
    00:30 JPY Manufacturing PMI Aug P
        Forecast: 49.2 Previous: 48.9
    00:30 JPY Services PMI Aug P
        Forecast: Previous: 53.6
    01:00 AUD Consumer Inflation Expectations Aug
        Forecast: Previous: 4.70%
    06:00 GBP Public Sector Net Borrowing (GBP) Jul
        Forecast: 1.9B Previous: 20.7B
    07:15 EUR France Manufacturing PMI Aug P
        Forecast: 48.3 Previous: 48.2
    07:15 EUR France Services PMI Aug P
        Forecast: 48.6 Previous: 48.5
    07:30 EUR Germany Manufacturing PMI Aug P
        Forecast: 48.9 Previous: 49.1
    07:30 EUR Germany Services PMI Aug P
        Forecast: 50.8 Previous: 50.6
    08:00 EUR Eurozone Manufacturing PMI Aug P
        Forecast: 49.5 Previous: 49.8
    08:00 EUR Eurozone Services PMI Aug P
        Forecast: 50.6 Previous: 51
    08:30 GBP Manufacturing PMI Aug P
        Forecast: 48.3 Previous: 48
    08:30 GBP Services PMI Aug P
        Forecast: 52 Previous: 51.8
    12:30 CAD IPPI M/M Jul
        Forecast: Previous: 0.40%
    12:30 CAD RMPI Jul
        Forecast: Previous: 2.70%
    12:30 USD Initial Jobless Claims (Aug 15)
        Forecast: 227K Previous: 224K
    12:30 USD Philadelphia Fed Manufacturing Aug
        Forecast: 8.1 Previous: 15.9
    13:45 USD Manufacturing PMI Aug P
        Forecast: Previous: 49.8
    13:45 USD Services PMI Aug P
        Forecast: Previous: 55.7
    14:00 USD Existing Home Sales Jul
        Forecast: 3.92M Previous: 3.93M
    14:00 EUR Eurozone Consumer Confidence Aug P
        Forecast: -15 Previous: -15
    14:30 USD Natural Gas Storage
        Forecast: Previous: 56B
    23:01 GBP GfK Consumer Confidence Aug
        Forecast: -19 Previous: -19
    23:30 JPY National CPI Y/Y Jul
        Forecast: Previous: 3.30%
    23:30 JPY National CPI Core Y/Y Jul
        Forecast: 3.00% Previous: 3.30%
    23:30 JPY National CPI Core-Core Y/Y Jul
        Forecast: Previous: 3.40%

    Friday, Aug 22, 2025

    GMT Ccy Events Consensus Previous
    06:00 GBP Retail Sales M/M Jul 0.60% 0.90%
    06:00 EUR Germany GDP Q/Q Q2 F -0.10% -0.10%
    12:30 CAD Retail Sales M/M Jun 1.60% -1.10%
    12:30 CAD Retail Sales ex Autos M/M Jun 0.90% -0.20%
    GMT Ccy Events
    06:00 GBP Retail Sales M/M Jul
        Forecast: 0.60% Previous: 0.90%
    06:00 EUR Germany GDP Q/Q Q2 F
        Forecast: -0.10% Previous: -0.10%
    12:30 CAD Retail Sales M/M Jun
        Forecast: 1.60% Previous: -1.10%
    12:30 CAD Retail Sales ex Autos M/M Jun
        Forecast: 0.90% Previous: -0.20%

    Eco Data 8/15/25

      GMT Ccy Events Actual Consensus Previous Revised
      22:30 NZD Business NZ PMI Jul 52.8 48.8 49.2
      23:50 JPY GDP Q/Q Q2 P 0.30% 0.10% 0.00%
      23:50 JPY GDP Deflator Y/Y Q2 P 3.00% 3.10% 3.30%
      02:00 CNY Industrial Production Y/Y Jul 5.70% 6.00% 6.80%
      02:00 CNY Retail Sales Y/Y Jul 3.70% 4.60% 4.80%
      02:00 CNY Fixed Asset Investment (YTD) Y/Y Jul 1.60% 2.70% 2.80%
      04:30 JPY Industrial Production M/M Jun F 2.10% 1.70% 1.70%
      12:30 CAD Manufacturing Sales M/M Jun 0.30% 0.40% -0.90%
      12:30 CAD Wholesale Sales M/M Jun 0.70% 0.30% 0.10%
      12:30 USD Retail Sales M/M Jul 0.50% 0.50% 0.60% 0.90%
      12:30 USD Retail Sales ex Autos M/M Jul 0.30% 0.30% 0.50% 0.80%
      12:30 USD Empire State Manufacturing Index Aug 11.9 -1 5.5
      12:30 USD Import Price Index M/M Jul 0.40% 0.00% 0.10%
      13:15 USD Industrial Production M/M Jul -0.10% 0.00% 0.30% 0.40%
      13:15 USD Capacity Utilization Jul 77.50% 77.50% 77.60%
      14:00 USD Business Inventories Jun 0.20% 0.20% 0%
      14:00 USD UoM Consumer Sentiment Aug P 58.6 62.1 61.7
      14:00 USD UoM 1-Y Inflation Expectations Aug P 4.90% 4.50%
      GMT Ccy Events
      22:30 NZD Business NZ PMI Jul
          Actual: 52.8 Forecast:
          Previous: 48.8 Revised: 49.2
      23:50 JPY GDP Q/Q Q2 P
          Actual: 0.30% Forecast: 0.10%
          Previous: 0.00% Revised:
      23:50 JPY GDP Deflator Y/Y Q2 P
          Actual: 3.00% Forecast: 3.10%
          Previous: 3.30% Revised:
      02:00 CNY Industrial Production Y/Y Jul
          Actual: 5.70% Forecast: 6.00%
          Previous: 6.80% Revised:
      02:00 CNY Retail Sales Y/Y Jul
          Actual: 3.70% Forecast: 4.60%
          Previous: 4.80% Revised:
      02:00 CNY Fixed Asset Investment (YTD) Y/Y Jul
          Actual: 1.60% Forecast: 2.70%
          Previous: 2.80% Revised:
      04:30 JPY Industrial Production M/M Jun F
          Actual: 2.10% Forecast: 1.70%
          Previous: 1.70% Revised:
      12:30 CAD Manufacturing Sales M/M Jun
          Actual: 0.30% Forecast: 0.40%
          Previous: -0.90% Revised:
      12:30 CAD Wholesale Sales M/M Jun
          Actual: 0.70% Forecast: 0.30%
          Previous: 0.10% Revised:
      12:30 USD Retail Sales M/M Jul
          Actual: 0.50% Forecast: 0.50%
          Previous: 0.60% Revised: 0.90%
      12:30 USD Retail Sales ex Autos M/M Jul
          Actual: 0.30% Forecast: 0.30%
          Previous: 0.50% Revised: 0.80%
      12:30 USD Empire State Manufacturing Index Aug
          Actual: 11.9 Forecast: -1
          Previous: 5.5 Revised:
      12:30 USD Import Price Index M/M Jul
          Actual: 0.40% Forecast: 0.00%
          Previous: 0.10% Revised:
      13:15 USD Industrial Production M/M Jul
          Actual: -0.10% Forecast: 0.00%
          Previous: 0.30% Revised: 0.40%
      13:15 USD Capacity Utilization Jul
          Actual: 77.50% Forecast: 77.50%
          Previous: 77.60% Revised:
      14:00 USD Business Inventories Jun
          Actual: 0.20% Forecast: 0.20%
          Previous: 0% Revised:
      14:00 USD UoM Consumer Sentiment Aug P
          Actual: 58.6 Forecast: 62.1
          Previous: 61.7 Revised:
      14:00 USD UoM 1-Y Inflation Expectations Aug P
          Actual: 4.90% Forecast:
          Previous: 4.50% Revised:

      Eco Data 8/14/25

        GMT Ccy Events Actual Consensus Previous Revised
        23:01 GBP RICS Housing Price Balance Jul -13% -5% -7%
        01:30 AUD Employment Change Jul 24.5K 25.3K 2.0K 1.0K
        01:30 AUD Unemployment Rate Jul 4.20% 4.20% 4.30%
        06:00 GBP GDP Q/Q Q2 P 0.30% 0.10% 0.70%
        06:00 GBP GDP M/M Jun 0.40% 0.20% -0.10%
        06:00 GBP Industrial Production M/M Jun 0.70% 0.50% -0.90% -1.30%
        06:00 GBP Industrial Production Y/Y Jun 0.20% -0.30% -0.30% -0.20%
        06:00 GBP Manufacturing Production M/M Jun 0.50% 0.50% -1.00%
        06:00 GBP Manufacturing Production Y/Y Jun 0.00% -0.90% 0.30%
        06:00 GBP Goods Trade Balance (GBP) Jun -22.2B -21.9B -21.7B
        06:30 CHF Producer and Import Prices M/M Jul -0.20% 0.00% -0.10%
        06:30 CHF Producer and Import Prices Y/Y Jul -0.90% -0.70%
        09:00 EUR Eurozone GDP Q/Q Q2 P 0.10% 0.10% 0.10%
        09:00 EUR Eurozone Employment Change Q/Q Q2 P 0.10% 0.20% 0.20%
        09:00 EUR Eurozone Industrial Production M/M Jun -1.30% -0.80% 1.70%
        12:30 USD PPI M/M Jul 0.90% 0.20% 0.00%
        12:30 USD PPI Y/Y Jul 3.30% 2.50% 2.30% 2.40%
        12:30 USD PPI Core M/M Jul 0.90% 0.20% 0.00%
        12:30 USD PPI Core Y/Y Jul 3.70% 2.90% 2.60%
        12:30 USD Initial Jobless Claims (Aug 8) 224K 227K 226K 227K
        14:30 USD Natural Gas Storage 56B 53B 7B
        GMT Ccy Events
        23:01 GBP RICS Housing Price Balance Jul
            Actual: -13% Forecast: -5%
            Previous: -7% Revised:
        01:30 AUD Employment Change Jul
            Actual: 24.5K Forecast: 25.3K
            Previous: 2.0K Revised: 1.0K
        01:30 AUD Unemployment Rate Jul
            Actual: 4.20% Forecast: 4.20%
            Previous: 4.30% Revised:
        06:00 GBP GDP Q/Q Q2 P
            Actual: 0.30% Forecast: 0.10%
            Previous: 0.70% Revised:
        06:00 GBP GDP M/M Jun
            Actual: 0.40% Forecast: 0.20%
            Previous: -0.10% Revised:
        06:00 GBP Industrial Production M/M Jun
            Actual: 0.70% Forecast: 0.50%
            Previous: -0.90% Revised: -1.30%
        06:00 GBP Industrial Production Y/Y Jun
            Actual: 0.20% Forecast: -0.30%
            Previous: -0.30% Revised: -0.20%
        06:00 GBP Manufacturing Production M/M Jun
            Actual: 0.50% Forecast: 0.50%
            Previous: -1.00% Revised:
        06:00 GBP Manufacturing Production Y/Y Jun
            Actual: 0.00% Forecast: -0.90%
            Previous: 0.30% Revised:
        06:00 GBP Goods Trade Balance (GBP) Jun
            Actual: -22.2B Forecast: -21.9B
            Previous: -21.7B Revised:
        06:30 CHF Producer and Import Prices M/M Jul
            Actual: -0.20% Forecast: 0.00%
            Previous: -0.10% Revised:
        06:30 CHF Producer and Import Prices Y/Y Jul
            Actual: -0.90% Forecast:
            Previous: -0.70% Revised:
        09:00 EUR Eurozone GDP Q/Q Q2 P
            Actual: 0.10% Forecast: 0.10%
            Previous: 0.10% Revised:
        09:00 EUR Eurozone Employment Change Q/Q Q2 P
            Actual: 0.10% Forecast: 0.20%
            Previous: 0.20% Revised:
        09:00 EUR Eurozone Industrial Production M/M Jun
            Actual: -1.30% Forecast: -0.80%
            Previous: 1.70% Revised:
        12:30 USD PPI M/M Jul
            Actual: 0.90% Forecast: 0.20%
            Previous: 0.00% Revised:
        12:30 USD PPI Y/Y Jul
            Actual: 3.30% Forecast: 2.50%
            Previous: 2.30% Revised: 2.40%
        12:30 USD PPI Core M/M Jul
            Actual: 0.90% Forecast: 0.20%
            Previous: 0.00% Revised:
        12:30 USD PPI Core Y/Y Jul
            Actual: 3.70% Forecast: 2.90%
            Previous: 2.60% Revised:
        12:30 USD Initial Jobless Claims (Aug 8)
            Actual: 224K Forecast: 227K
            Previous: 226K Revised: 227K
        14:30 USD Natural Gas Storage
            Actual: 56B Forecast: 53B
            Previous: 7B Revised:

        Eco Data 8/13/25

          GMT Ccy Events Actual Consensus Previous Revised
          23:50 JPY PPI Y/Y Jul 2.60% 2.50% 2.90%
          01:30 AUD Wage Price Index Q/Q Q2 0.80% 0.80% 0.90%
          06:00 JPY Machine Tool Orders Y/Y Jul 3.60% -0.50%
          06:00 EUR Germany CPI M/M Jul F 0.30% 0.30% 0.30%
          06:00 EUR Germany CPI Y/Y Jul F 2.00% 2.00% 2.00%
          14:30 USD Crude Oil Inventories 3.0M -0.9M -3.0M
          GMT Ccy Events
          23:50 JPY PPI Y/Y Jul
              Actual: 2.60% Forecast: 2.50%
              Previous: 2.90% Revised:
          01:30 AUD Wage Price Index Q/Q Q2
              Actual: 0.80% Forecast: 0.80%
              Previous: 0.90% Revised:
          06:00 JPY Machine Tool Orders Y/Y Jul
              Actual: 3.60% Forecast:
              Previous: -0.50% Revised:
          06:00 EUR Germany CPI M/M Jul F
              Actual: 0.30% Forecast: 0.30%
              Previous: 0.30% Revised:
          06:00 EUR Germany CPI Y/Y Jul F
              Actual: 2.00% Forecast: 2.00%
              Previous: 2.00% Revised:
          14:30 USD Crude Oil Inventories
              Actual: 3.0M Forecast: -0.9M
              Previous: -3.0M Revised:

          Eco Data 8/12/25

            GMT Ccy Events Actual Consensus Previous Revised
            23:50 JPY Money Supply M2+CD Y/Y Jul 1.00% 0.80% 0.90%
            01:30 AUD NAB Business Confidence Jul 7 5
            01:30 AUD NAB Business Conditions Jul 5 9
            04:30 AUD RBA Interest Rate Decision 3.60% 3.60% 3.85%
            06:00 GBP Claimant Count Change Jul -6.2K 20.8K 25.9K
            06:00 GBP ILO Unemployment Rate (3M) Jun 4.70% 4.70% 4.70%
            06:00 GBP Average Earnings Including Bonus 3M/Y Jun 4.60% 4.70% 5.00%
            06:00 GBP Average Earnings Excluding Bonus 3M/Y Jun 5.00% 5.00% 5.00%
            09:00 EUR Germany ZEW Economic Sentiment Aug 34.7 40 52.7
            09:00 EUR Germany ZEW Current Situation Aug -68.6 -63 -59.5
            09:00 EUR Eurozone ZEW Economic Sentiment Aug 25.1 28.4 36.1
            10:00 USD NFIB Business Optimism Index Jul 100.3 98.6 98.6
            12:30 CAD Building Permits M/M Jun -9.00% -3.90% 12% 12.80%
            12:30 USD CPI M/M Jul 0.20% 0.20% 0.30%
            12:30 USD CPI Y/Y Jul 2.70% 2.80% 2.70%
            12:30 USD CPI Core M/M Jul 0.30% 0.30% 0.20%
            12:30 USD CPI Core Y/Y Jul 3.10% 3.00% 2.90%
            GMT Ccy Events
            23:50 JPY Money Supply M2+CD Y/Y Jul
                Actual: 1.00% Forecast: 0.80%
                Previous: 0.90% Revised:
            01:30 AUD NAB Business Confidence Jul
                Actual: 7 Forecast:
                Previous: 5 Revised:
            01:30 AUD NAB Business Conditions Jul
                Actual: 5 Forecast:
                Previous: 9 Revised:
            04:30 AUD RBA Interest Rate Decision
                Actual: 3.60% Forecast: 3.60%
                Previous: 3.85% Revised:
            06:00 GBP Claimant Count Change Jul
                Actual: -6.2K Forecast: 20.8K
                Previous: 25.9K Revised:
            06:00 GBP ILO Unemployment Rate (3M) Jun
                Actual: 4.70% Forecast: 4.70%
                Previous: 4.70% Revised:
            06:00 GBP Average Earnings Including Bonus 3M/Y Jun
                Actual: 4.60% Forecast: 4.70%
                Previous: 5.00% Revised:
            06:00 GBP Average Earnings Excluding Bonus 3M/Y Jun
                Actual: 5.00% Forecast: 5.00%
                Previous: 5.00% Revised:
            09:00 EUR Germany ZEW Economic Sentiment Aug
                Actual: 34.7 Forecast: 40
                Previous: 52.7 Revised:
            09:00 EUR Germany ZEW Current Situation Aug
                Actual: -68.6 Forecast: -63
                Previous: -59.5 Revised:
            09:00 EUR Eurozone ZEW Economic Sentiment Aug
                Actual: 25.1 Forecast: 28.4
                Previous: 36.1 Revised:
            10:00 USD NFIB Business Optimism Index Jul
                Actual: 100.3 Forecast: 98.6
                Previous: 98.6 Revised:
            12:30 CAD Building Permits M/M Jun
                Actual: -9.00% Forecast: -3.90%
                Previous: 12% Revised: 12.80%
            12:30 USD CPI M/M Jul
                Actual: 0.20% Forecast: 0.20%
                Previous: 0.30% Revised:
            12:30 USD CPI Y/Y Jul
                Actual: 2.70% Forecast: 2.80%
                Previous: 2.70% Revised:
            12:30 USD CPI Core M/M Jul
                Actual: 0.30% Forecast: 0.30%
                Previous: 0.20% Revised:
            12:30 USD CPI Core Y/Y Jul
                Actual: 3.10% Forecast: 3.00%
                Previous: 2.90% Revised:

            Eco Data 8/11/25

              GMT Ccy Events Actual Consensus Previous Revised
              09:00 EUR Italy Trade Balance (EUR) Jun 5.41B 7.12B 6.16B
              GMT Ccy Events
              09:00 EUR Italy Trade Balance (EUR) Jun
                  Actual: 5.41B Forecast: 7.12B
                  Previous: 6.16B Revised:

              Summary 8/11 – 8/15

                Monday, Aug 11, 2025

                GMT Ccy Events Consensus Previous
                09:00 EUR Italy Trade Balance (EUR) Jun 7.12B 6.16B
                23:50 JPY Money Supply M2+CD Y/Y Jul 0.80% 0.90%
                GMT Ccy Events
                09:00 EUR Italy Trade Balance (EUR) Jun
                    Forecast: 7.12B Previous: 6.16B
                23:50 JPY Money Supply M2+CD Y/Y Jul
                    Forecast: 0.80% Previous: 0.90%

                Tuesday, Aug 12, 2025

                GMT Ccy Events Consensus Previous
                01:30 AUD NAB Business Confidence Jul 5
                01:30 AUD NAB Business Conditions Jul 9
                04:30 AUD RBA Interest Rate Decision 3.60% 3.85%
                06:00 GBP Claimant Count Change Jul 25.9K
                06:00 GBP ILO Unemployment Rate (3M) Jun 4.70% 4.70%
                06:00 GBP Average Earnings Including Bonus 3M/Y Jun 4.70% 5.00%
                06:00 GBP Average Earnings Excluding Bonus 3M/Y Jun 5.00%
                09:00 EUR Germany ZEW Economic Sentiment Aug 40 52.7
                09:00 EUR Germany ZEW Current Situation Aug -63 -59.5
                09:00 EUR Eurozone ZEW Economic Sentiment Aug 28.4 36.1
                10:00 USD NFIB Business Optimism Index Jul 98.6 98.6
                12:30 CAD Building Permits M/M Jun 12%
                12:30 USD CPI M/M Jul 0.20% 0.30%
                12:30 USD CPI Y/Y Jul 2.80% 2.70%
                12:30 USD CPI Core M/M Jul 0.30% 0.20%
                12:30 USD CPI Core Y/Y Jul 3.00% 2.90%
                23:50 JPY PPI Y/Y Jul 2.50% 2.90%
                GMT Ccy Events
                01:30 AUD NAB Business Confidence Jul
                    Forecast: Previous: 5
                01:30 AUD NAB Business Conditions Jul
                    Forecast: Previous: 9
                04:30 AUD RBA Interest Rate Decision
                    Forecast: 3.60% Previous: 3.85%
                06:00 GBP Claimant Count Change Jul
                    Forecast: Previous: 25.9K
                06:00 GBP ILO Unemployment Rate (3M) Jun
                    Forecast: 4.70% Previous: 4.70%
                06:00 GBP Average Earnings Including Bonus 3M/Y Jun
                    Forecast: 4.70% Previous: 5.00%
                06:00 GBP Average Earnings Excluding Bonus 3M/Y Jun
                    Forecast: Previous: 5.00%
                09:00 EUR Germany ZEW Economic Sentiment Aug
                    Forecast: 40 Previous: 52.7
                09:00 EUR Germany ZEW Current Situation Aug
                    Forecast: -63 Previous: -59.5
                09:00 EUR Eurozone ZEW Economic Sentiment Aug
                    Forecast: 28.4 Previous: 36.1
                10:00 USD NFIB Business Optimism Index Jul
                    Forecast: 98.6 Previous: 98.6
                12:30 CAD Building Permits M/M Jun
                    Forecast: Previous: 12%
                12:30 USD CPI M/M Jul
                    Forecast: 0.20% Previous: 0.30%
                12:30 USD CPI Y/Y Jul
                    Forecast: 2.80% Previous: 2.70%
                12:30 USD CPI Core M/M Jul
                    Forecast: 0.30% Previous: 0.20%
                12:30 USD CPI Core Y/Y Jul
                    Forecast: 3.00% Previous: 2.90%
                23:50 JPY PPI Y/Y Jul
                    Forecast: 2.50% Previous: 2.90%

                Wednesday, Aug 13, 2025

                GMT Ccy Events Consensus Previous
                01:30 AUD Wage Price Index Q/Q Q2 0.80% 0.90%
                06:00 JPY Machine Tool Orders Y/Y Jul -0.50%
                06:00 EUR Germany CPI M/M Jul F 0.30% 0.30%
                06:00 EUR Germany CPI Y/Y Jul F 2.00% 2.00%
                14:30 USD Crude Oil Inventories -3.0M
                23:01 GBP RICS Housing Price Balance Jul -5% -7%
                GMT Ccy Events
                01:30 AUD Wage Price Index Q/Q Q2
                    Forecast: 0.80% Previous: 0.90%
                06:00 JPY Machine Tool Orders Y/Y Jul
                    Forecast: Previous: -0.50%
                06:00 EUR Germany CPI M/M Jul F
                    Forecast: 0.30% Previous: 0.30%
                06:00 EUR Germany CPI Y/Y Jul F
                    Forecast: 2.00% Previous: 2.00%
                14:30 USD Crude Oil Inventories
                    Forecast: Previous: -3.0M
                23:01 GBP RICS Housing Price Balance Jul
                    Forecast: -5% Previous: -7%

                Thursday, Aug 14, 2025

                GMT Ccy Events Consensus Previous
                01:30 AUD Employment Change Jul 25.3K 2.0K
                01:30 AUD Unemployment Rate Jul 4.20% 4.30%
                06:00 GBP GDP Q/Q Q2 P 0.10% 0.70%
                06:00 GBP GDP M/M Jun 0.20% -0.10%
                06:00 GBP Industrial Production M/M Jun 0.50% -0.90%
                06:00 GBP Industrial Production Y/Y Jun -0.30%
                06:00 GBP Manufacturing Production M/M Jun 0.50% -1.00%
                06:00 GBP Manufacturing Production Y/Y Jun 0.30%
                06:00 GBP Goods Trade Balance (GBP) Jun -21.9B -21.7B
                06:30 CHF Producer and Import Prices M/M Jul 0.00% -0.10%
                06:30 CHF Producer and Import Prices Y/Y Jul -0.70%
                09:00 EUR Eurozone GDP Q/Q Q2 P 0.10% 0.10%
                09:00 EUR Eurozone Employment Change Q/Q Q2 P 0.20% 0.20%
                09:00 EUR Eurozone Industrial Production M/M Jun -0.80% 1.70%
                12:30 USD PPI M/M Jul 0.20% 0.00%
                12:30 USD PPI Y/Y Jul 2.30%
                12:30 USD PPI Core M/M Jul 0.20% 0.00%
                12:30 USD PPI Core Y/Y Jul 2.60%
                12:30 USD Initial Jobless Claims (Aug 8) 227K 226K
                14:30 USD Natural Gas Storage 7B
                22:30 NZD Business NZ PMI Jul 48.8
                23:50 JPY GDP Q/Q Q2 P 0.10% 0.00%
                23:50 JPY GDP Deflator Y/Y Q2 P 3.30%
                GMT Ccy Events
                01:30 AUD Employment Change Jul
                    Forecast: 25.3K Previous: 2.0K
                01:30 AUD Unemployment Rate Jul
                    Forecast: 4.20% Previous: 4.30%
                06:00 GBP GDP Q/Q Q2 P
                    Forecast: 0.10% Previous: 0.70%
                06:00 GBP GDP M/M Jun
                    Forecast: 0.20% Previous: -0.10%
                06:00 GBP Industrial Production M/M Jun
                    Forecast: 0.50% Previous: -0.90%
                06:00 GBP Industrial Production Y/Y Jun
                    Forecast: Previous: -0.30%
                06:00 GBP Manufacturing Production M/M Jun
                    Forecast: 0.50% Previous: -1.00%
                06:00 GBP Manufacturing Production Y/Y Jun
                    Forecast: Previous: 0.30%
                06:00 GBP Goods Trade Balance (GBP) Jun
                    Forecast: -21.9B Previous: -21.7B
                06:30 CHF Producer and Import Prices M/M Jul
                    Forecast: 0.00% Previous: -0.10%
                06:30 CHF Producer and Import Prices Y/Y Jul
                    Forecast: Previous: -0.70%
                09:00 EUR Eurozone GDP Q/Q Q2 P
                    Forecast: 0.10% Previous: 0.10%
                09:00 EUR Eurozone Employment Change Q/Q Q2 P
                    Forecast: 0.20% Previous: 0.20%
                09:00 EUR Eurozone Industrial Production M/M Jun
                    Forecast: -0.80% Previous: 1.70%
                12:30 USD PPI M/M Jul
                    Forecast: 0.20% Previous: 0.00%
                12:30 USD PPI Y/Y Jul
                    Forecast: Previous: 2.30%
                12:30 USD PPI Core M/M Jul
                    Forecast: 0.20% Previous: 0.00%
                12:30 USD PPI Core Y/Y Jul
                    Forecast: Previous: 2.60%
                12:30 USD Initial Jobless Claims (Aug 8)
                    Forecast: 227K Previous: 226K
                14:30 USD Natural Gas Storage
                    Forecast: Previous: 7B
                22:30 NZD Business NZ PMI Jul
                    Forecast: Previous: 48.8
                23:50 JPY GDP Q/Q Q2 P
                    Forecast: 0.10% Previous: 0.00%
                23:50 JPY GDP Deflator Y/Y Q2 P
                    Forecast: Previous: 3.30%

                Friday, Aug 15, 2025

                GMT Ccy Events Consensus Previous
                02:00 CNY Industrial Production Y/Y Jul 6.00% 6.80%
                02:00 CNY Retail Sales Y/Y Jul 4.60% 4.80%
                02:00 CNY Fixed Asset Investment (YTD) Y/Y Jul 2.70% 2.80%
                04:30 JPY Industrial Production M/M Jun F 1.70% 1.70%
                12:30 CAD Manufacturing Sales M/M Jun 0.40% -0.90%
                12:30 CAD Wholesale Sales M/M Jun 0.30% 0.10%
                12:30 USD Retail Sales M/M Jul 0.50% 0.60%
                12:30 USD Retail Sales ex Autos M/M Jul 0.30% 0.50%
                12:30 USD Empire State Manufacturing Index Aug -1 5.5
                12:30 USD Import Price Index M/M Jul 0.00% 0.10%
                13:15 USD Industrial Production M/M Jul 0.00% 0.30%
                13:15 USD Capacity Utilization Jul 77.50% 77.60%
                14:00 USD Business Inventories Jun 0%
                14:00 USD UoM Consumer Sentiment Aug P 62.1 61.7
                14:00 USD UoM 1-Y Inflation Expectations Aug P 4.50%
                GMT Ccy Events
                02:00 CNY Industrial Production Y/Y Jul
                    Forecast: 6.00% Previous: 6.80%
                02:00 CNY Retail Sales Y/Y Jul
                    Forecast: 4.60% Previous: 4.80%
                02:00 CNY Fixed Asset Investment (YTD) Y/Y Jul
                    Forecast: 2.70% Previous: 2.80%
                04:30 JPY Industrial Production M/M Jun F
                    Forecast: 1.70% Previous: 1.70%
                12:30 CAD Manufacturing Sales M/M Jun
                    Forecast: 0.40% Previous: -0.90%
                12:30 CAD Wholesale Sales M/M Jun
                    Forecast: 0.30% Previous: 0.10%
                12:30 USD Retail Sales M/M Jul
                    Forecast: 0.50% Previous: 0.60%
                12:30 USD Retail Sales ex Autos M/M Jul
                    Forecast: 0.30% Previous: 0.50%
                12:30 USD Empire State Manufacturing Index Aug
                    Forecast: -1 Previous: 5.5
                12:30 USD Import Price Index M/M Jul
                    Forecast: 0.00% Previous: 0.10%
                13:15 USD Industrial Production M/M Jul
                    Forecast: 0.00% Previous: 0.30%
                13:15 USD Capacity Utilization Jul
                    Forecast: 77.50% Previous: 77.60%
                14:00 USD Business Inventories Jun
                    Forecast: Previous: 0%
                14:00 USD UoM Consumer Sentiment Aug P
                    Forecast: 62.1 Previous: 61.7
                14:00 USD UoM 1-Y Inflation Expectations Aug P
                    Forecast: Previous: 4.50%

                Eco Data 8/8/25

                  GMT Ccy Events Actual Consensus Previous Revised
                  23:30 JPY Household Spending Y/Y Jun 1.30% 2.80% 4.70%
                  23:50 JPY Bank Lending Y/Y Jul 3.20% 2.70% 2.80% 2.70%
                  23:50 JPY Current Account (JPY)) Jun 2.40T 2.76T 2.82T
                  23:50 JPY BoJ Summary of Opinions
                  05:00 JPY Eco Watchers Survey: Current Jul 45.2 45.5 45
                  07:00 CHF SECO Consumer Climate Q3 -33 -30 -32
                  12:30 CAD Net Change in Employment Jul -40.8K 15.3K 83.1K
                  12:30 CAD Unemployment Rate Jul 6.90% 7.00% 6.90%
                  GMT Ccy Events
                  23:30 JPY Household Spending Y/Y Jun
                      Actual: 1.30% Forecast: 2.80%
                      Previous: 4.70% Revised:
                  23:50 JPY Bank Lending Y/Y Jul
                      Actual: 3.20% Forecast: 2.70%
                      Previous: 2.80% Revised: 2.70%
                  23:50 JPY Current Account (JPY)) Jun
                      Actual: 2.40T Forecast: 2.76T
                      Previous: 2.82T Revised:
                  23:50 JPY BoJ Summary of Opinions
                      Actual: Forecast:
                      Previous: Revised:
                  05:00 JPY Eco Watchers Survey: Current Jul
                      Actual: 45.2 Forecast: 45.5
                      Previous: 45 Revised:
                  07:00 CHF SECO Consumer Climate Q3
                      Actual: -33 Forecast: -30
                      Previous: -32 Revised:
                  12:30 CAD Net Change in Employment Jul
                      Actual: -40.8K Forecast: 15.3K
                      Previous: 83.1K Revised:
                  12:30 CAD Unemployment Rate Jul
                      Actual: 6.90% Forecast: 7.00%
                      Previous: 6.90% Revised:

                  Eco Data 8/7/25

                    GMT Ccy Events Actual Consensus Previous Revised
                    01:30 AUD Trade Balance (AUD) Jun 5.37B 3.25B 2.24B 1.60B
                    03:00 CNY Trade Balance (USD) Jul 98.2B 107.9B 114.8B
                    03:00 NZD RBNZ Inflation Expectations Q3 2.28% 2.29%
                    05:00 JPY Leading Economic Index Jun P 106.1 106 104.8
                    06:00 EUR Germany Industrial Production M/M Jun -1.90% -0.60% 1.20% -0.10%
                    06:00 EUR Germany Trade Balance (EUR) Jun 14.9B 18.3B 18.4B 18.5B
                    06:45 EUR France Trade Balance (EUR) Jun -7.6B -7.5B -7.8B -7.6B
                    07:00 CHF Foreign Currency Reserves (CHF) Jul 716B 713B
                    07:00 CHF Unemployment Rate Jul 2.90% 2.90% 2.90%
                    08:00 EUR ECB Economic Bulletin
                    11:00 GBP BoE Interest Rate Decision 4.00% 4.00% 4.25%
                    11:00 GBP MPC Official Bank Rate Votes 0--5--4 0--8--1 0--3--6
                    12:30 USD Initial Jobless Claims (Aug 1) 226K 220K 218K 219K
                    12:30 USD Nonfarm Productivity Q2 P 2.40% 1.90% -1.50%
                    12:30 USD Unit Labor Costs Q2 P 1.60% 1.40% 6.60%
                    14:00 USD Wholesale Inventories Jun F 0.10% 0.20% 0.20%
                    14:00 CAD Ivey PMI Jul 55.8 55.2 53.3
                    14:30 USD Natural Gas Storage 7B 10B 48B
                    GMT Ccy Events
                    01:30 AUD Trade Balance (AUD) Jun
                        Actual: 5.37B Forecast: 3.25B
                        Previous: 2.24B Revised: 1.60B
                    03:00 CNY Trade Balance (USD) Jul
                        Actual: 98.2B Forecast: 107.9B
                        Previous: 114.8B Revised:
                    03:00 NZD RBNZ Inflation Expectations Q3
                        Actual: 2.28% Forecast:
                        Previous: 2.29% Revised:
                    05:00 JPY Leading Economic Index Jun P
                        Actual: 106.1 Forecast: 106
                        Previous: 104.8 Revised:
                    06:00 EUR Germany Industrial Production M/M Jun
                        Actual: -1.90% Forecast: -0.60%
                        Previous: 1.20% Revised: -0.10%
                    06:00 EUR Germany Trade Balance (EUR) Jun
                        Actual: 14.9B Forecast: 18.3B
                        Previous: 18.4B Revised: 18.5B
                    06:45 EUR France Trade Balance (EUR) Jun
                        Actual: -7.6B Forecast: -7.5B
                        Previous: -7.8B Revised: -7.6B
                    07:00 CHF Foreign Currency Reserves (CHF) Jul
                        Actual: 716B Forecast:
                        Previous: 713B Revised:
                    07:00 CHF Unemployment Rate Jul
                        Actual: 2.90% Forecast: 2.90%
                        Previous: 2.90% Revised:
                    08:00 EUR ECB Economic Bulletin
                        Actual: Forecast:
                        Previous: Revised:
                    11:00 GBP BoE Interest Rate Decision
                        Actual: 4.00% Forecast: 4.00%
                        Previous: 4.25% Revised:
                    11:00 GBP MPC Official Bank Rate Votes
                        Actual: 0--5--4 Forecast: 0--8--1
                        Previous: 0--3--6 Revised:
                    12:30 USD Initial Jobless Claims (Aug 1)
                        Actual: 226K Forecast: 220K
                        Previous: 218K Revised: 219K
                    12:30 USD Nonfarm Productivity Q2 P
                        Actual: 2.40% Forecast: 1.90%
                        Previous: -1.50% Revised:
                    12:30 USD Unit Labor Costs Q2 P
                        Actual: 1.60% Forecast: 1.40%
                        Previous: 6.60% Revised:
                    14:00 USD Wholesale Inventories Jun F
                        Actual: 0.10% Forecast: 0.20%
                        Previous: 0.20% Revised:
                    14:00 CAD Ivey PMI Jul
                        Actual: 55.8 Forecast: 55.2
                        Previous: 53.3 Revised:
                    14:30 USD Natural Gas Storage
                        Actual: 7B Forecast: 10B
                        Previous: 48B Revised:

                    Eco Data 8/6/25

                      GMT Ccy Events Actual Consensus Previous Revised
                      22:45 NZD Employment Change Q2 -0.10% -0.10% 0.10% 0.00%
                      22:45 NZD Unemployment Rate Q2 5.20% 5.30% 5.10%
                      22:45 NZD Labour Cost Index Q/Q Q2 0.60% 0.50% 0.40%
                      23:30 JPY Labor Cash Earnings Y/Y Jun 2.50% 3.20% 1.40%
                      06:00 EUR Germany Factory Orders M/M Jun -1.00% 1.00% -1.40% -0.80%
                      08:30 GBP Construction PMI Jul 44.3 49.2 48.8
                      09:00 EUR Eurozone Retail Sales M/M Jun 0.30% 0.40% -0.70% -0.30%
                      14:30 USD Crude Oil Inventories -3.0M 0.2M 7.7M
                      GMT Ccy Events
                      22:45 NZD Employment Change Q2
                          Actual: -0.10% Forecast: -0.10%
                          Previous: 0.10% Revised: 0.00%
                      22:45 NZD Unemployment Rate Q2
                          Actual: 5.20% Forecast: 5.30%
                          Previous: 5.10% Revised:
                      22:45 NZD Labour Cost Index Q/Q Q2
                          Actual: 0.60% Forecast: 0.50%
                          Previous: 0.40% Revised:
                      23:30 JPY Labor Cash Earnings Y/Y Jun
                          Actual: 2.50% Forecast: 3.20%
                          Previous: 1.40% Revised:
                      06:00 EUR Germany Factory Orders M/M Jun
                          Actual: -1.00% Forecast: 1.00%
                          Previous: -1.40% Revised: -0.80%
                      08:30 GBP Construction PMI Jul
                          Actual: 44.3 Forecast: 49.2
                          Previous: 48.8 Revised:
                      09:00 EUR Eurozone Retail Sales M/M Jun
                          Actual: 0.30% Forecast: 0.40%
                          Previous: -0.70% Revised: -0.30%
                      14:30 USD Crude Oil Inventories
                          Actual: -3.0M Forecast: 0.2M
                          Previous: 7.7M Revised:

                      Eco Data 8/5/25

                        GMT Ccy Events Actual Consensus Previous Revised
                        23:50 JPY BoJ Minutes
                        00:30 JPY Services PMI Jul F 53.6 53.5 53.5
                        01:45 CNY Caixin Services PMI Jul 52.6 50.4 50.6
                        06:45 EUR France Industrial Output M/M Jun 3.80% 0.80% -0.50% -0.70%
                        07:50 EUR France Services PMI Jul F 48.5 49.7 49.7
                        07:55 EUR Germany Services PMI Jul F 50.6 50.1 50.1
                        08:00 EUR Eurozone Services PMI Jul F 51 51.2 51.2
                        08:30 GBP Services PMI Jul F 51.8 51.2 51.2
                        09:00 EUR Eurozone PPI M/M Jun 0.80% 0.90% -0.60%
                        09:00 EUR Eurozone PPI Y/Y Jun 0.60% 0.50% 0.30%
                        12:30 CAD Trade Balance (CAD) Jun -5.9B -5.8B -5.9B -5.5B
                        12:30 USD Trade Balance (USD) Jun -60.2B -62.6B -71.5B -71.7B
                        13:45 USD Services PMI Jul F 55.7 55.2 55.2
                        14:00 USD ISM Services PMI Jul 50.1 51.5 50.8
                        GMT Ccy Events
                        23:50 JPY BoJ Minutes
                            Actual: Forecast:
                            Previous: Revised:
                        00:30 JPY Services PMI Jul F
                            Actual: 53.6 Forecast: 53.5
                            Previous: 53.5 Revised:
                        01:45 CNY Caixin Services PMI Jul
                            Actual: 52.6 Forecast: 50.4
                            Previous: 50.6 Revised:
                        06:45 EUR France Industrial Output M/M Jun
                            Actual: 3.80% Forecast: 0.80%
                            Previous: -0.50% Revised: -0.70%
                        07:50 EUR France Services PMI Jul F
                            Actual: 48.5 Forecast: 49.7
                            Previous: 49.7 Revised:
                        07:55 EUR Germany Services PMI Jul F
                            Actual: 50.6 Forecast: 50.1
                            Previous: 50.1 Revised:
                        08:00 EUR Eurozone Services PMI Jul F
                            Actual: 51 Forecast: 51.2
                            Previous: 51.2 Revised:
                        08:30 GBP Services PMI Jul F
                            Actual: 51.8 Forecast: 51.2
                            Previous: 51.2 Revised:
                        09:00 EUR Eurozone PPI M/M Jun
                            Actual: 0.80% Forecast: 0.90%
                            Previous: -0.60% Revised:
                        09:00 EUR Eurozone PPI Y/Y Jun
                            Actual: 0.60% Forecast: 0.50%
                            Previous: 0.30% Revised:
                        12:30 CAD Trade Balance (CAD) Jun
                            Actual: -5.9B Forecast: -5.8B
                            Previous: -5.9B Revised: -5.5B
                        12:30 USD Trade Balance (USD) Jun
                            Actual: -60.2B Forecast: -62.6B
                            Previous: -71.5B Revised: -71.7B
                        13:45 USD Services PMI Jul F
                            Actual: 55.7 Forecast: 55.2
                            Previous: 55.2 Revised:
                        14:00 USD ISM Services PMI Jul
                            Actual: 50.1 Forecast: 51.5
                            Previous: 50.8 Revised:

                        Eco Data 8/4/25

                          GMT Ccy Events Actual Consensus Previous Revised
                          23:50 JPY Monetary Base Y/Y Jul -3.90% -2.80% -3.50%
                          01:00 AUD TD-MI Inflation Gauge M/M Jul 0.90% 0.10%
                          06:30 CHF CPI M/M Jul 0.00% -0.20% 0.20%
                          06:30 CHF CPI Y/Y Jul 0.20% 0.10% 0.10%
                          07:30 CHF Manufacturing PMI Jul 48.8 49.9 49.6
                          08:30 EUR Eurozone Sentix Investor Confidence Aug -3.7 6.2 4.5
                          14:00 USD Factory Orders M/M Jun -4.80% -5.20% 8.20% 8.30%
                          GMT Ccy Events
                          23:50 JPY Monetary Base Y/Y Jul
                              Actual: -3.90% Forecast: -2.80%
                              Previous: -3.50% Revised:
                          01:00 AUD TD-MI Inflation Gauge M/M Jul
                              Actual: 0.90% Forecast:
                              Previous: 0.10% Revised:
                          06:30 CHF CPI M/M Jul
                              Actual: 0.00% Forecast: -0.20%
                              Previous: 0.20% Revised:
                          06:30 CHF CPI Y/Y Jul
                              Actual: 0.20% Forecast: 0.10%
                              Previous: 0.10% Revised:
                          07:30 CHF Manufacturing PMI Jul
                              Actual: 48.8 Forecast: 49.9
                              Previous: 49.6 Revised:
                          08:30 EUR Eurozone Sentix Investor Confidence Aug
                              Actual: -3.7 Forecast: 6.2
                              Previous: 4.5 Revised:
                          14:00 USD Factory Orders M/M Jun
                              Actual: -4.80% Forecast: -5.20%
                              Previous: 8.20% Revised: 8.30%

                          Summary 8/4 – 8/8

                            Monday, Aug 4, 2025

                            GMT Ccy Events Consensus Previous
                            23:50 JPY Monetary Base Y/Y Jul -2.80% -3.50%
                            01:00 AUD TD-MI Inflation Gauge M/M Jul 0.10%
                            06:30 CHF CPI M/M Jul -0.20% 0.20%
                            06:30 CHF CPI Y/Y Jul 0.10% 0.10%
                            07:30 CHF Manufacturing PMI Jul 49.9 49.6
                            08:30 EUR Eurozone Sentix Investor Confidence Aug 6.2 4.5
                            14:00 USD Factory Orders M/M Jun -5.20% 8.20%
                            23:50 JPY BoJ Minutes
                            GMT Ccy Events
                            23:50 JPY Monetary Base Y/Y Jul
                                Forecast: -2.80% Previous: -3.50%
                            01:00 AUD TD-MI Inflation Gauge M/M Jul
                                Forecast: Previous: 0.10%
                            06:30 CHF CPI M/M Jul
                                Forecast: -0.20% Previous: 0.20%
                            06:30 CHF CPI Y/Y Jul
                                Forecast: 0.10% Previous: 0.10%
                            07:30 CHF Manufacturing PMI Jul
                                Forecast: 49.9 Previous: 49.6
                            08:30 EUR Eurozone Sentix Investor Confidence Aug
                                Forecast: 6.2 Previous: 4.5
                            14:00 USD Factory Orders M/M Jun
                                Forecast: -5.20% Previous: 8.20%
                            23:50 JPY BoJ Minutes
                                Forecast: Previous:

                            Tuesday, Aug 5, 2025

                            GMT Ccy Events Consensus Previous
                            00:30 JPY Services PMI Jul F 53.5 53.5
                            01:45 CNY Caixin Services PMI Jul 50.4 50.6
                            06:45 EUR France Industrial Output M/M Jun 0.80% -0.50%
                            07:50 EUR France Services PMI Jul F 49.7 49.7
                            07:55 EUR Germany Services PMI Jul F 50.1 50.1
                            08:00 EUR Eurozone Services PMI Jul F 51.2 51.2
                            08:30 GBP Services PMI Jul F 51.2 51.2
                            09:00 EUR Eurozone PPI M/M Jun 0.90% -0.60%
                            09:00 EUR Eurozone PPI Y/Y Jun 0.30%
                            12:30 CAD Trade Balance (CAD) Jun -5.8B -5.9B
                            12:30 USD Trade Balance (USD) Jun -62.6B -71.5B
                            13:45 USD Services PMI Jul F 55.2 55.2
                            14:00 USD ISM Services PMI Jul 51.5 50.8
                            22:45 NZD Employment Change Q2 -0.10% 0.10%
                            22:45 NZD Unemployment Rate Q2 5.30% 5.10%
                            22:45 NZD Labour Cost Index Q/Q Q2 0.50% 0.40%
                            23:30 JPY Labor Cash Earnings Y/Y Jun 3.20% 1.40%
                            GMT Ccy Events
                            00:30 JPY Services PMI Jul F
                                Forecast: 53.5 Previous: 53.5
                            01:45 CNY Caixin Services PMI Jul
                                Forecast: 50.4 Previous: 50.6
                            06:45 EUR France Industrial Output M/M Jun
                                Forecast: 0.80% Previous: -0.50%
                            07:50 EUR France Services PMI Jul F
                                Forecast: 49.7 Previous: 49.7
                            07:55 EUR Germany Services PMI Jul F
                                Forecast: 50.1 Previous: 50.1
                            08:00 EUR Eurozone Services PMI Jul F
                                Forecast: 51.2 Previous: 51.2
                            08:30 GBP Services PMI Jul F
                                Forecast: 51.2 Previous: 51.2
                            09:00 EUR Eurozone PPI M/M Jun
                                Forecast: 0.90% Previous: -0.60%
                            09:00 EUR Eurozone PPI Y/Y Jun
                                Forecast: Previous: 0.30%
                            12:30 CAD Trade Balance (CAD) Jun
                                Forecast: -5.8B Previous: -5.9B
                            12:30 USD Trade Balance (USD) Jun
                                Forecast: -62.6B Previous: -71.5B
                            13:45 USD Services PMI Jul F
                                Forecast: 55.2 Previous: 55.2
                            14:00 USD ISM Services PMI Jul
                                Forecast: 51.5 Previous: 50.8
                            22:45 NZD Employment Change Q2
                                Forecast: -0.10% Previous: 0.10%
                            22:45 NZD Unemployment Rate Q2
                                Forecast: 5.30% Previous: 5.10%
                            22:45 NZD Labour Cost Index Q/Q Q2
                                Forecast: 0.50% Previous: 0.40%
                            23:30 JPY Labor Cash Earnings Y/Y Jun
                                Forecast: 3.20% Previous: 1.40%

                            Wednesday, Aug 6, 2025

                            GMT Ccy Events Consensus Previous
                            06:00 EUR Germany Factory Orders M/M Jun 1.00% -1.40%
                            08:30 GBP Construction PMI Jul 49.2 48.8
                            09:00 EUR Eurozone Retail Sales M/M Jun 0.40% -0.70%
                            14:30 USD Crude Oil Inventories 7.7M
                            GMT Ccy Events
                            06:00 EUR Germany Factory Orders M/M Jun
                                Forecast: 1.00% Previous: -1.40%
                            08:30 GBP Construction PMI Jul
                                Forecast: 49.2 Previous: 48.8
                            09:00 EUR Eurozone Retail Sales M/M Jun
                                Forecast: 0.40% Previous: -0.70%
                            14:30 USD Crude Oil Inventories
                                Forecast: Previous: 7.7M

                            Thursday, Aug 7, 2025

                            GMT Ccy Events Consensus Previous
                            01:30 AUD Trade Balance (AUD) Jun 3.25B 2.24B
                            03:00 CNY Trade Balance (USD) Jul 107.9B 114.8B
                            03:00 NZD RBNZ Inflation Expectations Q3 2.29%
                            05:00 JPY Leading Economic Index Jun P 104.8
                            06:00 EUR Germany Industrial Production M/M Jun -0.60% 1.20%
                            06:00 EUR Germany Trade Balance (EUR) Jun 18.3B 18.4B
                            06:45 EUR France Trade Balance (EUR) Jun -7.5B -7.8B
                            07:00 CHF Foreign Currency Reserves (CHF) Jul 713B
                            07:00 CHF Unemployment Rate Jul 2.90% 2.90%
                            08:00 EUR ECB Economic Bulletin
                            11:00 GBP BoE Interest Rate Decision 4.00% 4.25%
                            11:00 GBP MPC Official Bank Rate Votes 0--8--1 0--3--6
                            12:30 USD Initial Jobless Claims (Aug 1) 220K 218K
                            12:30 USD Nonfarm Productivity Q2 P 1.90% -1.50%
                            12:30 USD Unit Labor Costs Q2 P 1.40% 6.60%
                            14:00 USD Wholesale Inventories Jun F 0.20% 0.20%
                            14:00 CAD Ivey PMI Jul 55.2 53.3
                            14:30 USD Natural Gas Storage 48B
                            23:30 JPY Household Spending Y/Y Jun 2.80% 4.70%
                            23:50 JPY Bank Lending Y/Y Jul 2.70% 2.80%
                            23:50 JPY BoJ Summary of Opinions
                            23:50 JPY Current Account (JPY)) Jun 2.76T 2.82T
                            GMT Ccy Events
                            01:30 AUD Trade Balance (AUD) Jun
                                Forecast: 3.25B Previous: 2.24B
                            03:00 CNY Trade Balance (USD) Jul
                                Forecast: 107.9B Previous: 114.8B
                            03:00 NZD RBNZ Inflation Expectations Q3
                                Forecast: Previous: 2.29%
                            05:00 JPY Leading Economic Index Jun P
                                Forecast: Previous: 104.8
                            06:00 EUR Germany Industrial Production M/M Jun
                                Forecast: -0.60% Previous: 1.20%
                            06:00 EUR Germany Trade Balance (EUR) Jun
                                Forecast: 18.3B Previous: 18.4B
                            06:45 EUR France Trade Balance (EUR) Jun
                                Forecast: -7.5B Previous: -7.8B
                            07:00 CHF Foreign Currency Reserves (CHF) Jul
                                Forecast: Previous: 713B
                            07:00 CHF Unemployment Rate Jul
                                Forecast: 2.90% Previous: 2.90%
                            08:00 EUR ECB Economic Bulletin
                                Forecast: Previous:
                            11:00 GBP BoE Interest Rate Decision
                                Forecast: 4.00% Previous: 4.25%
                            11:00 GBP MPC Official Bank Rate Votes
                                Forecast: 0--8--1 Previous: 0--3--6
                            12:30 USD Initial Jobless Claims (Aug 1)
                                Forecast: 220K Previous: 218K
                            12:30 USD Nonfarm Productivity Q2 P
                                Forecast: 1.90% Previous: -1.50%
                            12:30 USD Unit Labor Costs Q2 P
                                Forecast: 1.40% Previous: 6.60%
                            14:00 USD Wholesale Inventories Jun F
                                Forecast: 0.20% Previous: 0.20%
                            14:00 CAD Ivey PMI Jul
                                Forecast: 55.2 Previous: 53.3
                            14:30 USD Natural Gas Storage
                                Forecast: Previous: 48B
                            23:30 JPY Household Spending Y/Y Jun
                                Forecast: 2.80% Previous: 4.70%
                            23:50 JPY Bank Lending Y/Y Jul
                                Forecast: 2.70% Previous: 2.80%
                            23:50 JPY BoJ Summary of Opinions
                                Forecast: Previous:
                            23:50 JPY Current Account (JPY)) Jun
                                Forecast: 2.76T Previous: 2.82T

                            Friday, Aug 8, 2025

                            GMT Ccy Events Consensus Previous
                            05:00 JPY Eco Watchers Survey: Current Jul 45.5 45
                            07:00 CHF SECO Consumer Climate Q3 -30 -32
                            12:30 CAD Net Change in Employment Jul 15.3K 83.1K
                            12:30 CAD Unemployment Rate Jul 7.00% 6.90%
                            GMT Ccy Events
                            05:00 JPY Eco Watchers Survey: Current Jul
                                Forecast: 45.5 Previous: 45
                            07:00 CHF SECO Consumer Climate Q3
                                Forecast: -30 Previous: -32
                            12:30 CAD Net Change in Employment Jul
                                Forecast: 15.3K Previous: 83.1K
                            12:30 CAD Unemployment Rate Jul
                                Forecast: 7.00% Previous: 6.90%

                            Eco Data 8/1/25

                              GMT Ccy Events Actual Consensus Previous Revised
                              22:45 NZD Building Permits M/M Jun -6.40% 10.40% 10.30%
                              23:30 JPY Unemployment Rate Jun 2.50% 2.50% 2.50%
                              00:30 JPY Manufacturing PMI Jul F 48.9 48.8 48.8
                              01:30 AUD PPI Q/Q Q2 0.70% 0.90% 0.90%
                              01:30 AUD PPI Y/Y Q2 3.40% 3.70%
                              01:45 CNY Caixin Manufacturing PMI Jul 49.5 50.2 50.4
                              07:50 EUR France Manufacturing PMI Jul F 48.2 48.4 48.4
                              07:55 EUR Germany Manufacturing PMI Jul F 49.1 49.2 49.2
                              08:00 EUR Eurozone Manufacturing PMI Jul F 49.8 49.8 49.8
                              08:30 GBP Manufacturing PMI Jul 48 48.2 48.2
                              09:00 EUR Eurozone CPI Y/Y Jul P 2.00% 1.90% 2.00%
                              09:00 EUR Eurozone CPI Core Y/Y Jul P 2.30% 2.30% 2.30%
                              12:30 USD Nonfarm Payrolls Jul 73K 102K 147K 14K
                              12:30 USD Unemployment Rate Jul 4.20% 4.20% 4.10%
                              12:30 USD Average Hourly Earnings M/M Jul 0.30% 0.30% 0.20%
                              13:30 CAD Manufacturing PMI Jul 46.1 45.6
                              13:45 USD Manufacturing PMI Jul F 49.8 49.5 49.5
                              14:00 USD ISM Manufacturing PMI Jul 48 49.6 49
                              14:00 USD ISM Manufacturing Prices Paid Jul 64.8 66.5 69.7
                              14:00 USD ISM Manufacturing Employment Index Jul 43.4 45
                              14:00 USD UoM Consumer Sentiment Jul F 61.7 61.8 61.8
                              14:00 USD UoM 1-year Inflation Expectations Jul F 4.50% 4.40%
                              GMT Ccy Events
                              22:45 NZD Building Permits M/M Jun
                                  Actual: -6.40% Forecast:
                                  Previous: 10.40% Revised: 10.30%
                              23:30 JPY Unemployment Rate Jun
                                  Actual: 2.50% Forecast: 2.50%
                                  Previous: 2.50% Revised:
                              00:30 JPY Manufacturing PMI Jul F
                                  Actual: 48.9 Forecast: 48.8
                                  Previous: 48.8 Revised:
                              01:30 AUD PPI Q/Q Q2
                                  Actual: 0.70% Forecast: 0.90%
                                  Previous: 0.90% Revised:
                              01:30 AUD PPI Y/Y Q2
                                  Actual: 3.40% Forecast:
                                  Previous: 3.70% Revised:
                              01:45 CNY Caixin Manufacturing PMI Jul
                                  Actual: 49.5 Forecast: 50.2
                                  Previous: 50.4 Revised:
                              07:50 EUR France Manufacturing PMI Jul F
                                  Actual: 48.2 Forecast: 48.4
                                  Previous: 48.4 Revised:
                              07:55 EUR Germany Manufacturing PMI Jul F
                                  Actual: 49.1 Forecast: 49.2
                                  Previous: 49.2 Revised:
                              08:00 EUR Eurozone Manufacturing PMI Jul F
                                  Actual: 49.8 Forecast: 49.8
                                  Previous: 49.8 Revised:
                              08:30 GBP Manufacturing PMI Jul
                                  Actual: 48 Forecast: 48.2
                                  Previous: 48.2 Revised:
                              09:00 EUR Eurozone CPI Y/Y Jul P
                                  Actual: 2.00% Forecast: 1.90%
                                  Previous: 2.00% Revised:
                              09:00 EUR Eurozone CPI Core Y/Y Jul P
                                  Actual: 2.30% Forecast: 2.30%
                                  Previous: 2.30% Revised:
                              12:30 USD Nonfarm Payrolls Jul
                                  Actual: 73K Forecast: 102K
                                  Previous: 147K Revised: 14K
                              12:30 USD Unemployment Rate Jul
                                  Actual: 4.20% Forecast: 4.20%
                                  Previous: 4.10% Revised:
                              12:30 USD Average Hourly Earnings M/M Jul
                                  Actual: 0.30% Forecast: 0.30%
                                  Previous: 0.20% Revised:
                              13:30 CAD Manufacturing PMI Jul
                                  Actual: 46.1 Forecast:
                                  Previous: 45.6 Revised:
                              13:45 USD Manufacturing PMI Jul F
                                  Actual: 49.8 Forecast: 49.5
                                  Previous: 49.5 Revised:
                              14:00 USD ISM Manufacturing PMI Jul
                                  Actual: 48 Forecast: 49.6
                                  Previous: 49 Revised:
                              14:00 USD ISM Manufacturing Prices Paid Jul
                                  Actual: 64.8 Forecast: 66.5
                                  Previous: 69.7 Revised:
                              14:00 USD ISM Manufacturing Employment Index Jul
                                  Actual: 43.4 Forecast:
                                  Previous: 45 Revised:
                              14:00 USD UoM Consumer Sentiment Jul F
                                  Actual: 61.7 Forecast: 61.8
                                  Previous: 61.8 Revised:
                              14:00 USD UoM 1-year Inflation Expectations Jul F
                                  Actual: 4.50% Forecast:
                                  Previous: 4.40% Revised:

                              Eco Data 7/31/25

                                GMT Ccy Events Actual Consensus Previous Revised
                                23:50 JPY Industrial Production M/M Jun P 1.70% -0.70% -0.10%
                                23:50 JPY Retail Trade Y/Y Jun 2.00% 1.80% 1.90%
                                01:30 AUD Retail Sales M/M Jun 1.20% 0.40% 0.20% 0.50%
                                01:30 AUD Private Sector Credit M/M Jun 0.60% 0.50% 0.50% 0.60%
                                01:30 AUD Import Price Index Q/Q Q2 -0.80% -0.30% 3.30%
                                01:30 AUD Building Permits M/M Jun 11.90% 1.90% 3.20% 2.20%
                                01:30 CNY NBS Manufacturing PMI Jul 49.3 49.7 49.7
                                01:30 CNY NBS Non-Manufacturing PMI Jul 50.1 50.3 50.5
                                02:57 JPY BoJ Interest Rate Decision 0.50% 0.50% 0.50%
                                05:00 JPY Housing Starts Y/Y Jun -15.60% -16.30% -34.40%
                                05:00 JPY Consumer Confidence Index Jul 33.7 35.2 34.5
                                06:00 EUR Germany Import Price Index M/M Jun 0.00% -0.20% -0.70%
                                06:30 CHF Real Retail Sales Y/Y Jun 3.80% 0.20% 0.00% 0.30%
                                07:55 EUR Germany Unemployment Change Jun 2K 15K 11K
                                07:55 EUR Germany Unemployment Rate Jun 6.30% 6.40% 6.30%
                                09:00 EUR Eurozone Unemployment Rate Jun 6.20% 6.30% 6.30% 6.20%
                                12:00 EUR Germany CPI M/M Jul P 0.30% 0.20% 0.00%
                                12:00 EUR Germany CPI Y/Y Jul P 2.00% 1.80% 2.00%
                                12:30 CAD GDP M/M May -0.10% -0.10% -0.10%
                                12:30 USD Initial Jobless Claims (Jul 25) 218K 220K 217K
                                12:30 USD Personal Income M/M Jun 0.30% 0.20% -0.40%
                                12:30 USD Personal Spending Jun 0.30% 0.40% -0.10% 0.00%
                                12:30 USD PCE Price Index M/M Jun 0.30% 0.30% 0.10% 0.20%
                                12:30 USD PCE Price Index Y/Y Jun 2.60% 2.50% 2.30% 2.40%
                                12:30 USD Core PCE Price Index M/M Jun 0.30% 0.30% 0.20%
                                12:30 USD Core PCE Price Index Y/Y Jun 2.80% 2.70% 2.70% 2.80%
                                12:30 USD Employment Cost Index Q2 0.90% 0.80% 0.90%
                                13:45 USD Chicago PMI Jul 47.1 41.2 40.4
                                14:30 USD Natural Gas Storage 48B 37B 23B
                                GMT Ccy Events
                                23:50 JPY Industrial Production M/M Jun P
                                    Actual: 1.70% Forecast: -0.70%
                                    Previous: -0.10% Revised:
                                23:50 JPY Retail Trade Y/Y Jun
                                    Actual: 2.00% Forecast: 1.80%
                                    Previous: 1.90% Revised:
                                01:30 AUD Retail Sales M/M Jun
                                    Actual: 1.20% Forecast: 0.40%
                                    Previous: 0.20% Revised: 0.50%
                                01:30 AUD Private Sector Credit M/M Jun
                                    Actual: 0.60% Forecast: 0.50%
                                    Previous: 0.50% Revised: 0.60%
                                01:30 AUD Import Price Index Q/Q Q2
                                    Actual: -0.80% Forecast: -0.30%
                                    Previous: 3.30% Revised:
                                01:30 AUD Building Permits M/M Jun
                                    Actual: 11.90% Forecast: 1.90%
                                    Previous: 3.20% Revised: 2.20%
                                01:30 CNY NBS Manufacturing PMI Jul
                                    Actual: 49.3 Forecast: 49.7
                                    Previous: 49.7 Revised:
                                01:30 CNY NBS Non-Manufacturing PMI Jul
                                    Actual: 50.1 Forecast: 50.3
                                    Previous: 50.5 Revised:
                                02:57 JPY BoJ Interest Rate Decision
                                    Actual: 0.50% Forecast: 0.50%
                                    Previous: 0.50% Revised:
                                05:00 JPY Housing Starts Y/Y Jun
                                    Actual: -15.60% Forecast: -16.30%
                                    Previous: -34.40% Revised:
                                05:00 JPY Consumer Confidence Index Jul
                                    Actual: 33.7 Forecast: 35.2
                                    Previous: 34.5 Revised:
                                06:00 EUR Germany Import Price Index M/M Jun
                                    Actual: 0.00% Forecast: -0.20%
                                    Previous: -0.70% Revised:
                                06:30 CHF Real Retail Sales Y/Y Jun
                                    Actual: 3.80% Forecast: 0.20%
                                    Previous: 0.00% Revised: 0.30%
                                07:55 EUR Germany Unemployment Change Jun
                                    Actual: 2K Forecast: 15K
                                    Previous: 11K Revised:
                                07:55 EUR Germany Unemployment Rate Jun
                                    Actual: 6.30% Forecast: 6.40%
                                    Previous: 6.30% Revised:
                                09:00 EUR Eurozone Unemployment Rate Jun
                                    Actual: 6.20% Forecast: 6.30%
                                    Previous: 6.30% Revised: 6.20%
                                12:00 EUR Germany CPI M/M Jul P
                                    Actual: 0.30% Forecast: 0.20%
                                    Previous: 0.00% Revised:
                                12:00 EUR Germany CPI Y/Y Jul P
                                    Actual: 2.00% Forecast: 1.80%
                                    Previous: 2.00% Revised:
                                12:30 CAD GDP M/M May
                                    Actual: -0.10% Forecast: -0.10%
                                    Previous: -0.10% Revised:
                                12:30 USD Initial Jobless Claims (Jul 25)
                                    Actual: 218K Forecast: 220K
                                    Previous: 217K Revised:
                                12:30 USD Personal Income M/M Jun
                                    Actual: 0.30% Forecast: 0.20%
                                    Previous: -0.40% Revised:
                                12:30 USD Personal Spending Jun
                                    Actual: 0.30% Forecast: 0.40%
                                    Previous: -0.10% Revised: 0.00%
                                12:30 USD PCE Price Index M/M Jun
                                    Actual: 0.30% Forecast: 0.30%
                                    Previous: 0.10% Revised: 0.20%
                                12:30 USD PCE Price Index Y/Y Jun
                                    Actual: 2.60% Forecast: 2.50%
                                    Previous: 2.30% Revised: 2.40%
                                12:30 USD Core PCE Price Index M/M Jun
                                    Actual: 0.30% Forecast: 0.30%
                                    Previous: 0.20% Revised:
                                12:30 USD Core PCE Price Index Y/Y Jun
                                    Actual: 2.80% Forecast: 2.70%
                                    Previous: 2.70% Revised: 2.80%
                                12:30 USD Employment Cost Index Q2
                                    Actual: 0.90% Forecast: 0.80%
                                    Previous: 0.90% Revised:
                                13:45 USD Chicago PMI Jul
                                    Actual: 47.1 Forecast: 41.2
                                    Previous: 40.4 Revised:
                                14:30 USD Natural Gas Storage
                                    Actual: 48B Forecast: 37B
                                    Previous: 23B Revised:

                                Eco Data 7/30/25

                                  GMT Ccy Events Actual Consensus Previous Revised
                                  01:00 NZD ANZ Business Confidence Jul 47.8 46.3
                                  01:00 NZD ANZ Activity Outlook Jul 40.6 40.9
                                  01:30 AUD Monthly CPI Y/Y Jun 1.90% 2.10% 2.10%
                                  01:30 AUD CPI Q/Q Q2 0.70% 0.80% 0.90%
                                  01:30 AUD CPI Y/Y Q2 2.10% 2.20% 2.40%
                                  01:30 AUD Trimmed Mean CPI Q/Q Q2 0.60% 0.70% 0.70%
                                  01:30 AUD Trimmed Mean CPI Y/Y Q2 2.70% 2.70% 2.90%
                                  05:30 EUR France Consumer Spending M/M Jun 0.60% -0.30% 0.20% 0.10%
                                  05:30 EUR France GDP Q/Q Q2 P 0.30% 0.10% 0.10%
                                  06:00 EUR Germany Retail Sales M/M Jun 1.00% 0.50% -1.60% -0.60%
                                  07:00 CHF KOF Economic Barometer Jul 101.1 97.9 96.3
                                  08:00 CHF UBS Economic Expectations Jul 2.4 -2.1
                                  08:00 EUR Germany GDP Q/Q Q2 P -0.10% -0.10% 0.40%
                                  09:00 EUR Eurozone GDP Q/Q Q2 P 0.10% 0.00% 0.60%
                                  09:00 EUR Eurozone Economic Sentiment Jul 95.8 94.8 94 94.2
                                  09:00 EUR Eurozone Industrial Confidence Jul -10.4 -11 -12 -11.8
                                  09:00 EUR Eurozone Services Sentiment Jul 4.1 3.4 2.9 3.1
                                  09:00 EUR Eurozone Consumer Confidence Jul F -14.7 -14.7 -14.7
                                  12:15 USD ADP Employment Change Jul 104K 75K -33K
                                  12:30 USD GDP Annualized Q2 P 3.00% 2.40% -0.50%
                                  12:30 USD GDP Price Index Q2 P 2.00% 2.30% 3.80%
                                  13:45 CAD BoC Interest Rate Decision 2.75% 2.75% 2.75%
                                  14:00 USD Pending Home Sales M/M Jun -0.80% 0.30% 1.80%
                                  14:30 CAD BoC Press Conference
                                  14:30 USD Crude Oil Inventories 7.7M -2.3M -3.2M
                                  18:00 USD Fed Interest Rate Decision 4.50% 4.50% 4.50%
                                  18:30 USD FOMC Press Conference
                                  GMT Ccy Events
                                  01:00 NZD ANZ Business Confidence Jul
                                      Actual: 47.8 Forecast:
                                      Previous: 46.3 Revised:
                                  01:00 NZD ANZ Activity Outlook Jul
                                      Actual: 40.6 Forecast:
                                      Previous: 40.9 Revised:
                                  01:30 AUD Monthly CPI Y/Y Jun
                                      Actual: 1.90% Forecast: 2.10%
                                      Previous: 2.10% Revised:
                                  01:30 AUD CPI Q/Q Q2
                                      Actual: 0.70% Forecast: 0.80%
                                      Previous: 0.90% Revised:
                                  01:30 AUD CPI Y/Y Q2
                                      Actual: 2.10% Forecast: 2.20%
                                      Previous: 2.40% Revised:
                                  01:30 AUD Trimmed Mean CPI Q/Q Q2
                                      Actual: 0.60% Forecast: 0.70%
                                      Previous: 0.70% Revised:
                                  01:30 AUD Trimmed Mean CPI Y/Y Q2
                                      Actual: 2.70% Forecast: 2.70%
                                      Previous: 2.90% Revised:
                                  05:30 EUR France Consumer Spending M/M Jun
                                      Actual: 0.60% Forecast: -0.30%
                                      Previous: 0.20% Revised: 0.10%
                                  05:30 EUR France GDP Q/Q Q2 P
                                      Actual: 0.30% Forecast: 0.10%
                                      Previous: 0.10% Revised:
                                  06:00 EUR Germany Retail Sales M/M Jun
                                      Actual: 1.00% Forecast: 0.50%
                                      Previous: -1.60% Revised: -0.60%
                                  07:00 CHF KOF Economic Barometer Jul
                                      Actual: 101.1 Forecast: 97.9
                                      Previous: 96.3 Revised:
                                  08:00 CHF UBS Economic Expectations Jul
                                      Actual: 2.4 Forecast:
                                      Previous: -2.1 Revised:
                                  08:00 EUR Germany GDP Q/Q Q2 P
                                      Actual: -0.10% Forecast: -0.10%
                                      Previous: 0.40% Revised:
                                  09:00 EUR Eurozone GDP Q/Q Q2 P
                                      Actual: 0.10% Forecast: 0.00%
                                      Previous: 0.60% Revised:
                                  09:00 EUR Eurozone Economic Sentiment Jul
                                      Actual: 95.8 Forecast: 94.8
                                      Previous: 94 Revised: 94.2
                                  09:00 EUR Eurozone Industrial Confidence Jul
                                      Actual: -10.4 Forecast: -11
                                      Previous: -12 Revised: -11.8
                                  09:00 EUR Eurozone Services Sentiment Jul
                                      Actual: 4.1 Forecast: 3.4
                                      Previous: 2.9 Revised: 3.1
                                  09:00 EUR Eurozone Consumer Confidence Jul F
                                      Actual: -14.7 Forecast: -14.7
                                      Previous: -14.7 Revised:
                                  12:15 USD ADP Employment Change Jul
                                      Actual: 104K Forecast: 75K
                                      Previous: -33K Revised:
                                  12:30 USD GDP Annualized Q2 P
                                      Actual: 3.00% Forecast: 2.40%
                                      Previous: -0.50% Revised:
                                  12:30 USD GDP Price Index Q2 P
                                      Actual: 2.00% Forecast: 2.30%
                                      Previous: 3.80% Revised:
                                  13:45 CAD BoC Interest Rate Decision
                                      Actual: 2.75% Forecast: 2.75%
                                      Previous: 2.75% Revised:
                                  14:00 USD Pending Home Sales M/M Jun
                                      Actual: -0.80% Forecast: 0.30%
                                      Previous: 1.80% Revised:
                                  14:30 CAD BoC Press Conference
                                      Actual: Forecast:
                                      Previous: Revised:
                                  14:30 USD Crude Oil Inventories
                                      Actual: 7.7M Forecast: -2.3M
                                      Previous: -3.2M Revised:
                                  18:00 USD Fed Interest Rate Decision
                                      Actual: 4.50% Forecast: 4.50%
                                      Previous: 4.50% Revised:
                                  18:30 USD FOMC Press Conference
                                      Actual: Forecast:
                                      Previous: Revised:

                                  Eco Data 7/29/25

                                    GMT Ccy Events Actual Consensus Previous Revised
                                    23:01 GBP BRC Shop Price Index Y/Y Jul 0.70% 0.20% 0.40%
                                    08:30 GBP M4 Money Supply M/M Jun 0.30% 0.30% 0.20%
                                    08:30 GBP Mortgage Approvals Jun 64K 63K 63K
                                    12:30 USD Goods Trade Balance (USD) Jun P -86.0B -98.3B -96.4B -96.4B
                                    12:30 USD Wholesale Inventories Jun P 0.20% -0.10% -0.30%
                                    13:00 USD S&P/CS Composite-20 HPI Y/Y May 2.80% 2.90% 3.40%
                                    13:00 USD Housing Price Index M/M May -0.20% -0.20% -0.40% -0.30%
                                    14:00 USD Consumer Confidence Jul 97.2 95.9 93
                                    GMT Ccy Events
                                    23:01 GBP BRC Shop Price Index Y/Y Jul
                                        Actual: 0.70% Forecast: 0.20%
                                        Previous: 0.40% Revised:
                                    08:30 GBP M4 Money Supply M/M Jun
                                        Actual: 0.30% Forecast: 0.30%
                                        Previous: 0.20% Revised:
                                    08:30 GBP Mortgage Approvals Jun
                                        Actual: 64K Forecast: 63K
                                        Previous: 63K Revised:
                                    12:30 USD Goods Trade Balance (USD) Jun P
                                        Actual: -86.0B Forecast: -98.3B
                                        Previous: -96.4B Revised: -96.4B
                                    12:30 USD Wholesale Inventories Jun P
                                        Actual: 0.20% Forecast: -0.10%
                                        Previous: -0.30% Revised:
                                    13:00 USD S&P/CS Composite-20 HPI Y/Y May
                                        Actual: 2.80% Forecast: 2.90%
                                        Previous: 3.40% Revised:
                                    13:00 USD Housing Price Index M/M May
                                        Actual: -0.20% Forecast: -0.20%
                                        Previous: -0.40% Revised: -0.30%
                                    14:00 USD Consumer Confidence Jul
                                        Actual: 97.2 Forecast: 95.9
                                        Previous: 93 Revised:

                                    Eco Data 7/28/25

                                      GMT Ccy Events Actual Consensus Previous Revised
                                      10:00 GBP CBI Realized Sales Jul -34 -28 -46
                                      GMT Ccy Events
                                      10:00 GBP CBI Realized Sales Jul
                                          Actual: -34 Forecast: -28
                                          Previous: -46 Revised:

                                      Summary 7/28 – 8/1

                                        Monday, Jul 28, 2025

                                        GMT Ccy Events Consensus Previous
                                        10:00 GBP CBI Realized Sales Jul -28 -46
                                        23:01 GBP BRC Shop Price Index Y/Y Jul 0.20% 0.40%
                                        GMT Ccy Events
                                        10:00 GBP CBI Realized Sales Jul
                                            Forecast: -28 Previous: -46
                                        23:01 GBP BRC Shop Price Index Y/Y Jul
                                            Forecast: 0.20% Previous: 0.40%

                                        Tuesday, Jul 29, 2025

                                        GMT Ccy Events Consensus Previous
                                        08:30 GBP M4 Money Supply M/M Jun 0.30% 0.20%
                                        08:30 GBP Mortgage Approvals Jun 63K 63K
                                        12:30 USD Goods Trade Balance (USD) Jun P -98.3B -96.4B
                                        12:30 USD Wholesale Inventories Jun P -0.10% -0.30%
                                        13:00 USD S&P/CS Composite-20 HPI Y/Y May 2.90% 3.40%
                                        13:00 USD Housing Price Index M/M May -0.20% -0.40%
                                        14:00 USD Consumer Confidence Jul 95.9 93
                                        GMT Ccy Events
                                        08:30 GBP M4 Money Supply M/M Jun
                                            Forecast: 0.30% Previous: 0.20%
                                        08:30 GBP Mortgage Approvals Jun
                                            Forecast: 63K Previous: 63K
                                        12:30 USD Goods Trade Balance (USD) Jun P
                                            Forecast: -98.3B Previous: -96.4B
                                        12:30 USD Wholesale Inventories Jun P
                                            Forecast: -0.10% Previous: -0.30%
                                        13:00 USD S&P/CS Composite-20 HPI Y/Y May
                                            Forecast: 2.90% Previous: 3.40%
                                        13:00 USD Housing Price Index M/M May
                                            Forecast: -0.20% Previous: -0.40%
                                        14:00 USD Consumer Confidence Jul
                                            Forecast: 95.9 Previous: 93

                                        Wednesday, Jul 30, 2025

                                        GMT Ccy Events Consensus Previous
                                        01:00 NZD ANZ Business Confidence Jul 46.3
                                        01:00 NZD ANZ Activity Outlook Jul 40.9
                                        01:30 AUD Monthly CPI Y/Y Jun 2.10% 2.10%
                                        01:30 AUD CPI Q/Q Q2 0.80% 0.90%
                                        01:30 AUD CPI Y/Y Q2 2.20% 2.40%
                                        01:30 AUD Trimmed Mean CPI Q/Q Q2 0.70% 0.70%
                                        01:30 AUD Trimmed Mean CPI Y/Y Q2 2.90%
                                        05:30 EUR France Consumer Spending M/M Jun -0.30% 0.20%
                                        05:30 EUR France GDP Q/Q Q2 P 0.10% 0.10%
                                        06:00 EUR Germany Retail Sales M/M Jun 0.50% -1.60%
                                        06:00 EUR Germany GDP Q/Q Q2 P -0.10% 0.40%
                                        08:00 CHF UBS Economic Expectations Jul -2.1
                                        09:00 EUR Eurozone GDP Q/Q Q2 P 0.00% 0.60%
                                        09:00 EUR Eurozone Economic Sentiment Jul 94.8 94
                                        09:00 EUR Eurozone Industrial Confidence Jul -11 -12
                                        09:00 EUR Eurozone Consumer Confidence Jul -14.7 -14.7
                                        09:00 EUR Eurozone Services Sentiment Jul 3.4 2.9
                                        12:15 USD ADP Employment Change Jul 75K -33K
                                        12:30 USD GDP Annualized Q2 P 2.40% -0.50%
                                        12:30 USD GDP Price Index Q2 P 2.30% 3.80%
                                        13:45 CAD BoC Interest Rate Decision 2.75% 2.75%
                                        14:00 USD Pending Home Sales M/M Jun 0.30% 1.80%
                                        14:30 CAD BoC Press Conference
                                        14:30 USD Crude Oil Inventories -3.2M
                                        18:00 USD Fed Interest Rate Decision 4.50% 4.50%
                                        18:30 USD FOMC Press Conference
                                        23:50 JPY Industrial Production M/M Jun P -0.70% -0.10%
                                        23:50 JPY Retail Trade Y/Y Jun 1.80% 1.90%
                                        GMT Ccy Events
                                        01:00 NZD ANZ Business Confidence Jul
                                            Forecast: Previous: 46.3
                                        01:00 NZD ANZ Activity Outlook Jul
                                            Forecast: Previous: 40.9
                                        01:30 AUD Monthly CPI Y/Y Jun
                                            Forecast: 2.10% Previous: 2.10%
                                        01:30 AUD CPI Q/Q Q2
                                            Forecast: 0.80% Previous: 0.90%
                                        01:30 AUD CPI Y/Y Q2
                                            Forecast: 2.20% Previous: 2.40%
                                        01:30 AUD Trimmed Mean CPI Q/Q Q2
                                            Forecast: 0.70% Previous: 0.70%
                                        01:30 AUD Trimmed Mean CPI Y/Y Q2
                                            Forecast: Previous: 2.90%
                                        05:30 EUR France Consumer Spending M/M Jun
                                            Forecast: -0.30% Previous: 0.20%
                                        05:30 EUR France GDP Q/Q Q2 P
                                            Forecast: 0.10% Previous: 0.10%
                                        06:00 EUR Germany Retail Sales M/M Jun
                                            Forecast: 0.50% Previous: -1.60%
                                        06:00 EUR Germany GDP Q/Q Q2 P
                                            Forecast: -0.10% Previous: 0.40%
                                        08:00 CHF UBS Economic Expectations Jul
                                            Forecast: Previous: -2.1
                                        09:00 EUR Eurozone GDP Q/Q Q2 P
                                            Forecast: 0.00% Previous: 0.60%
                                        09:00 EUR Eurozone Economic Sentiment Jul
                                            Forecast: 94.8 Previous: 94
                                        09:00 EUR Eurozone Industrial Confidence Jul
                                            Forecast: -11 Previous: -12
                                        09:00 EUR Eurozone Consumer Confidence Jul
                                            Forecast: -14.7 Previous: -14.7
                                        09:00 EUR Eurozone Services Sentiment Jul
                                            Forecast: 3.4 Previous: 2.9
                                        12:15 USD ADP Employment Change Jul
                                            Forecast: 75K Previous: -33K
                                        12:30 USD GDP Annualized Q2 P
                                            Forecast: 2.40% Previous: -0.50%
                                        12:30 USD GDP Price Index Q2 P
                                            Forecast: 2.30% Previous: 3.80%
                                        13:45 CAD BoC Interest Rate Decision
                                            Forecast: 2.75% Previous: 2.75%
                                        14:00 USD Pending Home Sales M/M Jun
                                            Forecast: 0.30% Previous: 1.80%
                                        14:30 CAD BoC Press Conference
                                            Forecast: Previous:
                                        14:30 USD Crude Oil Inventories
                                            Forecast: Previous: -3.2M
                                        18:00 USD Fed Interest Rate Decision
                                            Forecast: 4.50% Previous: 4.50%
                                        18:30 USD FOMC Press Conference
                                            Forecast: Previous:
                                        23:50 JPY Industrial Production M/M Jun P
                                            Forecast: -0.70% Previous: -0.10%
                                        23:50 JPY Retail Trade Y/Y Jun
                                            Forecast: 1.80% Previous: 1.90%

                                        Thursday, Jul 31, 2025

                                        GMT Ccy Events Consensus Previous
                                        JPY BoJ Interest Rate Decision 0.50% 0.50%
                                        01:30 AUD Retail Sales M/M Jun 0.40% 0.20%
                                        01:30 AUD Private Sector Credit M/M Jun 0.50% 0.50%
                                        01:30 AUD Import Price Index Q/Q Q2 -0.30% 3.30%
                                        01:30 AUD Building Permits M/M Jun 1.90% 3.20%
                                        01:30 CNY NBS Manufacturing PMI Jul 49.7 49.7
                                        01:30 CNY NBS Non-Manufacturing PMI Jul 50.3 50.5
                                        01:30 AUD Building Permits Y/Y Jun 6.50%
                                        05:00 JPY Housing Starts Y/Y Jun -34.40%
                                        05:00 JPY Construction Orders Y/Y Jun -16.30% 14%
                                        05:00 JPY Consumer Confidence Index Jul 35.2 34.5
                                        06:00 EUR Germany Import Price Index M/M Jun -0.20% -0.70%
                                        06:30 CHF Real Retail Sales Y/Y Jun 0.20% 0.00%
                                        07:00 CHF KOF Leading Indicator Jul 96.1
                                        07:55 EUR Germany Unemployment Change Jun 15K 11K
                                        07:55 EUR Germany Unemployment Rate Jun 6.40% 6.30%
                                        09:00 EUR Eurozone Unemployment Rate Jun 6.30% 6.30%
                                        12:00 EUR Germany CPI M/M Jul P 0.20% 0.00%
                                        12:00 EUR Germany CPI Y/Y Jul P 1.80% 2.00%
                                        12:30 CAD GDP M/M May -0.10% -0.10%
                                        12:30 USD Initial Jobless Claims (Jul 25) 220K 217K
                                        12:30 USD Personal Income M/M Jun 0.20% -0.40%
                                        12:30 USD Personal Spending Jun 0.40% -0.10%
                                        12:30 USD PCE Price Index M/M Jun 0.30% 0.10%
                                        12:30 USD PCE Price Index Y/Y Jun 2.30%
                                        12:30 USD Core PCE Price Index M/M Jun 0.30% 0.20%
                                        12:30 USD Core PCE Price Index Y/Y Jun 2.70%
                                        12:30 USD Employment Cost Index Q2 0.80% 0.90%
                                        13:45 USD Chicago PMI Jul 41.2 40.4
                                        14:30 USD Natural Gas Storage 23B
                                        22:45 NZD Building Permits M/M Jun 10.40%
                                        23:30 JPY Unemployment Rate Jun 2.50% 2.50%
                                        GMT Ccy Events
                                        JPY BoJ Interest Rate Decision
                                            Forecast: 0.50% Previous: 0.50%
                                        01:30 AUD Retail Sales M/M Jun
                                            Forecast: 0.40% Previous: 0.20%
                                        01:30 AUD Private Sector Credit M/M Jun
                                            Forecast: 0.50% Previous: 0.50%
                                        01:30 AUD Import Price Index Q/Q Q2
                                            Forecast: -0.30% Previous: 3.30%
                                        01:30 AUD Building Permits M/M Jun
                                            Forecast: 1.90% Previous: 3.20%
                                        01:30 CNY NBS Manufacturing PMI Jul
                                            Forecast: 49.7 Previous: 49.7
                                        01:30 CNY NBS Non-Manufacturing PMI Jul
                                            Forecast: 50.3 Previous: 50.5
                                        01:30 AUD Building Permits Y/Y Jun
                                            Forecast: Previous: 6.50%
                                        05:00 JPY Housing Starts Y/Y Jun
                                            Forecast: Previous: -34.40%
                                        05:00 JPY Construction Orders Y/Y Jun
                                            Forecast: -16.30% Previous: 14%
                                        05:00 JPY Consumer Confidence Index Jul
                                            Forecast: 35.2 Previous: 34.5
                                        06:00 EUR Germany Import Price Index M/M Jun
                                            Forecast: -0.20% Previous: -0.70%
                                        06:30 CHF Real Retail Sales Y/Y Jun
                                            Forecast: 0.20% Previous: 0.00%
                                        07:00 CHF KOF Leading Indicator Jul
                                            Forecast: Previous: 96.1
                                        07:55 EUR Germany Unemployment Change Jun
                                            Forecast: 15K Previous: 11K
                                        07:55 EUR Germany Unemployment Rate Jun
                                            Forecast: 6.40% Previous: 6.30%
                                        09:00 EUR Eurozone Unemployment Rate Jun
                                            Forecast: 6.30% Previous: 6.30%
                                        12:00 EUR Germany CPI M/M Jul P
                                            Forecast: 0.20% Previous: 0.00%
                                        12:00 EUR Germany CPI Y/Y Jul P
                                            Forecast: 1.80% Previous: 2.00%
                                        12:30 CAD GDP M/M May
                                            Forecast: -0.10% Previous: -0.10%
                                        12:30 USD Initial Jobless Claims (Jul 25)
                                            Forecast: 220K Previous: 217K
                                        12:30 USD Personal Income M/M Jun
                                            Forecast: 0.20% Previous: -0.40%
                                        12:30 USD Personal Spending Jun
                                            Forecast: 0.40% Previous: -0.10%
                                        12:30 USD PCE Price Index M/M Jun
                                            Forecast: 0.30% Previous: 0.10%
                                        12:30 USD PCE Price Index Y/Y Jun
                                            Forecast: Previous: 2.30%
                                        12:30 USD Core PCE Price Index M/M Jun
                                            Forecast: 0.30% Previous: 0.20%
                                        12:30 USD Core PCE Price Index Y/Y Jun
                                            Forecast: Previous: 2.70%
                                        12:30 USD Employment Cost Index Q2
                                            Forecast: 0.80% Previous: 0.90%
                                        13:45 USD Chicago PMI Jul
                                            Forecast: 41.2 Previous: 40.4
                                        14:30 USD Natural Gas Storage
                                            Forecast: Previous: 23B
                                        22:45 NZD Building Permits M/M Jun
                                            Forecast: Previous: 10.40%
                                        23:30 JPY Unemployment Rate Jun
                                            Forecast: 2.50% Previous: 2.50%

                                        Friday, Aug 1, 2025

                                        GMT Ccy Events Consensus Previous
                                        01:30 AUD PPI Q/Q Q2 0.90%
                                        01:30 AUD PPI Y/Y Q2 3.70%
                                        01:45 CNY Caixin Manufacturing PMI Jul 50.2 50.4
                                        07:50 EUR France Manufacturing PMI Jul F 48.4 48.4
                                        07:55 EUR Germany Manufacturing PMI Jul F 49.2 49.2
                                        08:00 EUR Eurozone Manufacturing PMI Jul F 49.8 49.8
                                        08:30 GBP Manufacturing PMI Jul 48.2 48.2
                                        09:00 EUR Eurozone CPI Y/Y Jul P 1.90% 2.00%
                                        09:00 EUR Eurozone CPI Core Y/Y Jul P 2.30% 2.30%
                                        12:30 USD Nonfarm Payrolls Jul 102K 147K
                                        12:30 USD Unemployment Rate Jul 4.20% 4.10%
                                        12:30 USD Average Hourly Earnings M/M Jul 0.30% 0.20%
                                        13:30 CAD Manufacturing PMI Jul 45.6
                                        13:45 USD Manufacturing PMI Jul F 49.5 49.5
                                        14:00 USD ISM Manufacturing PMI Jul 49.6 49
                                        14:00 USD ISM Manufacturing Prices Paid Jul 66.5 69.7
                                        14:00 USD ISM Manufacturing Employment Index Jul 45
                                        14:00 USD UoM Consumer Sentiment Jul F 61.8 61.8
                                        14:00 USD UoM 1-year Inflation Expectations Jul F 4.40%
                                        GMT Ccy Events
                                        01:30 AUD PPI Q/Q Q2
                                            Forecast: Previous: 0.90%
                                        01:30 AUD PPI Y/Y Q2
                                            Forecast: Previous: 3.70%
                                        01:45 CNY Caixin Manufacturing PMI Jul
                                            Forecast: 50.2 Previous: 50.4
                                        07:50 EUR France Manufacturing PMI Jul F
                                            Forecast: 48.4 Previous: 48.4
                                        07:55 EUR Germany Manufacturing PMI Jul F
                                            Forecast: 49.2 Previous: 49.2
                                        08:00 EUR Eurozone Manufacturing PMI Jul F
                                            Forecast: 49.8 Previous: 49.8
                                        08:30 GBP Manufacturing PMI Jul
                                            Forecast: 48.2 Previous: 48.2
                                        09:00 EUR Eurozone CPI Y/Y Jul P
                                            Forecast: 1.90% Previous: 2.00%
                                        09:00 EUR Eurozone CPI Core Y/Y Jul P
                                            Forecast: 2.30% Previous: 2.30%
                                        12:30 USD Nonfarm Payrolls Jul
                                            Forecast: 102K Previous: 147K
                                        12:30 USD Unemployment Rate Jul
                                            Forecast: 4.20% Previous: 4.10%
                                        12:30 USD Average Hourly Earnings M/M Jul
                                            Forecast: 0.30% Previous: 0.20%
                                        13:30 CAD Manufacturing PMI Jul
                                            Forecast: Previous: 45.6
                                        13:45 USD Manufacturing PMI Jul F
                                            Forecast: 49.5 Previous: 49.5
                                        14:00 USD ISM Manufacturing PMI Jul
                                            Forecast: 49.6 Previous: 49
                                        14:00 USD ISM Manufacturing Prices Paid Jul
                                            Forecast: 66.5 Previous: 69.7
                                        14:00 USD ISM Manufacturing Employment Index Jul
                                            Forecast: Previous: 45
                                        14:00 USD UoM Consumer Sentiment Jul F
                                            Forecast: 61.8 Previous: 61.8
                                        14:00 USD UoM 1-year Inflation Expectations Jul F
                                            Forecast: Previous: 4.40%

                                        Eco Data 7/25/25

                                          GMT Ccy Events Actual Consensus Previous Revised
                                          23:01 GBP GfK Consumer Confidence Jul -19 -20 -18
                                          23:30 JPY Tokyo CPI Y/Y Jul 2.90% 3.10%
                                          23:30 JPY Tokyo CPI Core Y/Y Jul 2.90% 3.00% 3.10%
                                          23:30 JPY Tokyo CPI Core-Core Y/Y Jul 3.10% 3.10%
                                          23:50 JPY Corporate Service Price Index Y/Y Jun 3.20% 3.20% 3.30% 3.40%
                                          06:00 GBP Retail Sales M/M Jun 0.90% 1.20% -2.70%
                                          08:00 EUR Germany IFO Business Climate Jul 88.6 89.2 88.4
                                          08:00 EUR Germany IFO Current Assessment Jul 86.5 86.7 86.2
                                          08:00 EUR Germany IFO Expectations Jul 90.7 91.1 90.7
                                          08:00 EUR Eurozone M3 Money Supply Y/Y Jun 3.30% 3.70% 3.90%
                                          12:30 USD Durable Goods Orders Jun -9.30% -11.00% 16.40% 16.50%
                                          12:30 USD Durable Goods Orders ex Transportation Jun 0.20% 0.10% 0.50% 0.60%
                                          GMT Ccy Events
                                          23:01 GBP GfK Consumer Confidence Jul
                                              Actual: -19 Forecast: -20
                                              Previous: -18 Revised:
                                          23:30 JPY Tokyo CPI Y/Y Jul
                                              Actual: 2.90% Forecast:
                                              Previous: 3.10% Revised:
                                          23:30 JPY Tokyo CPI Core Y/Y Jul
                                              Actual: 2.90% Forecast: 3.00%
                                              Previous: 3.10% Revised:
                                          23:30 JPY Tokyo CPI Core-Core Y/Y Jul
                                              Actual: 3.10% Forecast:
                                              Previous: 3.10% Revised:
                                          23:50 JPY Corporate Service Price Index Y/Y Jun
                                              Actual: 3.20% Forecast: 3.20%
                                              Previous: 3.30% Revised: 3.40%
                                          06:00 GBP Retail Sales M/M Jun
                                              Actual: 0.90% Forecast: 1.20%
                                              Previous: -2.70% Revised:
                                          08:00 EUR Germany IFO Business Climate Jul
                                              Actual: 88.6 Forecast: 89.2
                                              Previous: 88.4 Revised:
                                          08:00 EUR Germany IFO Current Assessment Jul
                                              Actual: 86.5 Forecast: 86.7
                                              Previous: 86.2 Revised:
                                          08:00 EUR Germany IFO Expectations Jul
                                              Actual: 90.7 Forecast: 91.1
                                              Previous: 90.7 Revised:
                                          08:00 EUR Eurozone M3 Money Supply Y/Y Jun
                                              Actual: 3.30% Forecast: 3.70%
                                              Previous: 3.90% Revised:
                                          12:30 USD Durable Goods Orders Jun
                                              Actual: -9.30% Forecast: -11.00%
                                              Previous: 16.40% Revised: 16.50%
                                          12:30 USD Durable Goods Orders ex Transportation Jun
                                              Actual: 0.20% Forecast: 0.10%
                                              Previous: 0.50% Revised: 0.60%