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    Economic Calendar

    Summary 10/27 – 10/31

    Monday, Oct 27, 2025

    GMT Ccy Events Consensus Previous
    23:50 JPY Corporate Service Price Index Y/Y Sep 2.70%
    09:00 EUR Germany IFO Business Climate Oct 87.8 87.7
    09:00 EUR Germany IFO Current Assessment Oct 85.5 85.7
    09:00 EUR Germany IFO Expectations Oct 89.7
    09:00 EUR Eurozone M3 Money Supply Y/Y Sep 2.70% 2.90%
    GMT Ccy Events
    23:50 JPY Corporate Service Price Index Y/Y Sep
        Forecast: Previous: 2.70%
    09:00 EUR Germany IFO Business Climate Oct
        Forecast: 87.8 Previous: 87.7
    09:00 EUR Germany IFO Current Assessment Oct
        Forecast: 85.5 Previous: 85.7
    09:00 EUR Germany IFO Expectations Oct
        Forecast: Previous: 89.7
    09:00 EUR Eurozone M3 Money Supply Y/Y Sep
        Forecast: 2.70% Previous: 2.90%

    Tuesday, Oct 28, 2025

    GMT Ccy Events Consensus Previous
    00:01 GBP BRC Shop Price Index Y/Y Oct 1.60% 1.40%
    07:00 EUR Germany GfK Consumer Confidence Nov -22 -22.3
    13:00 USD S&P/CS Composite-20 HPI Y/Y Aug 1.90% 1.80%
    13:00 USD Housing Price Index M/M Aug 0.10% -0.10%
    14:00 USD Consumer Confidence Oct 93.9 94.2
    GMT Ccy Events
    00:01 GBP BRC Shop Price Index Y/Y Oct
        Forecast: 1.60% Previous: 1.40%
    07:00 EUR Germany GfK Consumer Confidence Nov
        Forecast: -22 Previous: -22.3
    13:00 USD S&P/CS Composite-20 HPI Y/Y Aug
        Forecast: 1.90% Previous: 1.80%
    13:00 USD Housing Price Index M/M Aug
        Forecast: 0.10% Previous: -0.10%
    14:00 USD Consumer Confidence Oct
        Forecast: 93.9 Previous: 94.2

    Wednesday, Oct 29, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD Monthly CPI Y/Y Sep 3%
    00:30 AUD CPI Q/Q Q3 1.10% 0.70%
    00:30 AUD CPI Y/Y Q3 3.00% 2.10%
    00:30 AUD RBA Trimmed Mean CPI Q/Q Q3 0.60%
    00:30 AUD RBA Trimmed Mean CPI Y/Y Q3 2.70%
    05:00 JPY Consumer Confidence Oct 35.6 35.3
    09:00 CHF UBS Economic Expectations Oct -46.4
    09:30 GBP Mortgage Approvals Sep 64K 65K
    09:30 GBP M4 Money Supply M/M Sep 0.30% 0.40%
    13:45 CAD BoC Interest Rate Decision 2.25% 2.50%
    14:00 USD Pending Home Sales M/M Sep 4%
    14:30 CAD BoC Press Conference
    14:30 USD Crude Oil Inventories (Oct 24) -0.961M
    18:00 USD Fed Interest Rate Decision 4.00% 4.25%
    GMT Ccy Events
    00:30 AUD Monthly CPI Y/Y Sep
        Forecast: Previous: 3%
    00:30 AUD CPI Q/Q Q3
        Forecast: 1.10% Previous: 0.70%
    00:30 AUD CPI Y/Y Q3
        Forecast: 3.00% Previous: 2.10%
    00:30 AUD RBA Trimmed Mean CPI Q/Q Q3
        Forecast: Previous: 0.60%
    00:30 AUD RBA Trimmed Mean CPI Y/Y Q3
        Forecast: Previous: 2.70%
    05:00 JPY Consumer Confidence Oct
        Forecast: 35.6 Previous: 35.3
    09:00 CHF UBS Economic Expectations Oct
        Forecast: Previous: -46.4
    09:30 GBP Mortgage Approvals Sep
        Forecast: 64K Previous: 65K
    09:30 GBP M4 Money Supply M/M Sep
        Forecast: 0.30% Previous: 0.40%
    13:45 CAD BoC Interest Rate Decision
        Forecast: 2.25% Previous: 2.50%
    14:00 USD Pending Home Sales M/M Sep
        Forecast: Previous: 4%
    14:30 CAD BoC Press Conference
        Forecast: Previous:
    14:30 USD Crude Oil Inventories (Oct 24)
        Forecast: Previous: -0.961M
    18:00 USD Fed Interest Rate Decision
        Forecast: 4.00% Previous: 4.25%

    Thursday, Oct 30, 2025

    GMT Ccy Events Consensus Previous
    JPY BoJ Interest Rate Decision 0.50% 0.50%
    00:00 NZD ANZ Business Confidence Oct 49.6
    00:00 NZD ANZ Activity Outlook Oct 43.4
    00:30 AUD Import Price Index Q/Q Q3 -0.80%
    07:45 EUR France GDP Q/Q Q3 P 0.20% 0.30%
    08:00 CHF KOF Economic Barometer Oct 99 98
    08:55 EUR Germany Unemployment Change Sep 10K 14K
    08:55 EUR Germany Unemployment RateSep 6.30% 6.30%
    09:00 EUR Germany GDP Q/Q Q3 P 0.00% -0.30%
    10:00 EUR Eurozone GDP Q/Q Q3 P 0.10% 0.10%
    10:00 EUR Eurozone Unemployment Rate Sep 6.30% 6.30%
    10:00 EUR Eurozone Economic Sentiment Indicator Oct 95.7 95.5
    10:00 EUR Eurozone Industrial Confidence Oct -9.8 -10.3
    10:00 EUR Eurozone Services Sentiment Oct 3.7 3.6
    10:00 EUR Eurozone Consumer Confidence Oct F -14.2 -14.2
    13:00 EUR Germany CPI M/M Oct P 0.20% 0.20%
    13:00 EUR Germany CPI Y/Y Oct P 2.20% 2.40%
    13:15 EUR ECB Rate On Deposit Facility 2.00% 2.00%
    13:15 EUR ECB Main Refinancing Rate 2.15% 2.15%
    14:30 USD Natural Gas Storage (Oct 24) 87B
    23:30 JPY Tokyo CPI Y/Y Oct 2.50%
    23:30 JPY Tokyo CPI Core Y/Y Oct 2.60% 2.50%
    23:30 JPY Tokyo CPI Core-Core Y/Y Oct 2.50%
    23:30 JPY Unemployment Rate Sep 2.50% 2.60%
    23:50 JPY Industrial Production M/M Sep P 1.60% -1.50%
    23:50 JPY Retail Trade Y/Y Sep 0.70% -1.10%
    GMT Ccy Events
    JPY BoJ Interest Rate Decision
        Forecast: 0.50% Previous: 0.50%
    00:00 NZD ANZ Business Confidence Oct
        Forecast: Previous: 49.6
    00:00 NZD ANZ Activity Outlook Oct
        Forecast: Previous: 43.4
    00:30 AUD Import Price Index Q/Q Q3
        Forecast: Previous: -0.80%
    07:45 EUR France GDP Q/Q Q3 P
        Forecast: 0.20% Previous: 0.30%
    08:00 CHF KOF Economic Barometer Oct
        Forecast: 99 Previous: 98
    08:55 EUR Germany Unemployment Change Sep
        Forecast: 10K Previous: 14K
    08:55 EUR Germany Unemployment RateSep
        Forecast: 6.30% Previous: 6.30%
    09:00 EUR Germany GDP Q/Q Q3 P
        Forecast: 0.00% Previous: -0.30%
    10:00 EUR Eurozone GDP Q/Q Q3 P
        Forecast: 0.10% Previous: 0.10%
    10:00 EUR Eurozone Unemployment Rate Sep
        Forecast: 6.30% Previous: 6.30%
    10:00 EUR Eurozone Economic Sentiment Indicator Oct
        Forecast: 95.7 Previous: 95.5
    10:00 EUR Eurozone Industrial Confidence Oct
        Forecast: -9.8 Previous: -10.3
    10:00 EUR Eurozone Services Sentiment Oct
        Forecast: 3.7 Previous: 3.6
    10:00 EUR Eurozone Consumer Confidence Oct F
        Forecast: -14.2 Previous: -14.2
    13:00 EUR Germany CPI M/M Oct P
        Forecast: 0.20% Previous: 0.20%
    13:00 EUR Germany CPI Y/Y Oct P
        Forecast: 2.20% Previous: 2.40%
    13:15 EUR ECB Rate On Deposit Facility
        Forecast: 2.00% Previous: 2.00%
    13:15 EUR ECB Main Refinancing Rate
        Forecast: 2.15% Previous: 2.15%
    14:30 USD Natural Gas Storage (Oct 24)
        Forecast: Previous: 87B
    23:30 JPY Tokyo CPI Y/Y Oct
        Forecast: Previous: 2.50%
    23:30 JPY Tokyo CPI Core Y/Y Oct
        Forecast: 2.60% Previous: 2.50%
    23:30 JPY Tokyo CPI Core-Core Y/Y Oct
        Forecast: Previous: 2.50%
    23:30 JPY Unemployment Rate Sep
        Forecast: 2.50% Previous: 2.60%
    23:50 JPY Industrial Production M/M Sep P
        Forecast: 1.60% Previous: -1.50%
    23:50 JPY Retail Trade Y/Y Sep
        Forecast: 0.70% Previous: -1.10%

    Friday, Oct 31, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD Private Sector Credit M/M Sep 0.60% 0.60%
    00:30 AUD PPI Q/Q Q3 0.80% 0.70%
    01:30 CNY NBS Manufacturing PMI Oct 49.7 49.8
    01:30 CNY NBS Non-Manufacturing PMI Oct 50.2 50
    05:00 JPY Housing Starts Y/Y Sep -7.90% -9.80%
    07:00 EUR Germany Import Price Index M/M Sep -0.10% -0.50%
    07:00 EUR Germany Retail Sales M/M Sep 0.30% -0.20%
    07:30 CHF Real Retail Sales Y/Y Sep 0.20% -0.20%
    10:00 EUR Eurozone CPI Y/Y Oct P 2.10% 2.20%
    10:00 EUR Eurozone Core CPI Y/Y Oct P 2.30% 2.40%
    12:30 CAD GDP M/M Aug 0.00% 0.20%
    13:45 USD Chicago PMI Oct 42 40.6
    GMT Ccy Events
    00:30 AUD Private Sector Credit M/M Sep
        Forecast: 0.60% Previous: 0.60%
    00:30 AUD PPI Q/Q Q3
        Forecast: 0.80% Previous: 0.70%
    01:30 CNY NBS Manufacturing PMI Oct
        Forecast: 49.7 Previous: 49.8
    01:30 CNY NBS Non-Manufacturing PMI Oct
        Forecast: 50.2 Previous: 50
    05:00 JPY Housing Starts Y/Y Sep
        Forecast: -7.90% Previous: -9.80%
    07:00 EUR Germany Import Price Index M/M Sep
        Forecast: -0.10% Previous: -0.50%
    07:00 EUR Germany Retail Sales M/M Sep
        Forecast: 0.30% Previous: -0.20%
    07:30 CHF Real Retail Sales Y/Y Sep
        Forecast: 0.20% Previous: -0.20%
    10:00 EUR Eurozone CPI Y/Y Oct P
        Forecast: 2.10% Previous: 2.20%
    10:00 EUR Eurozone Core CPI Y/Y Oct P
        Forecast: 2.30% Previous: 2.40%
    12:30 CAD GDP M/M Aug
        Forecast: 0.00% Previous: 0.20%
    13:45 USD Chicago PMI Oct
        Forecast: 42 Previous: 40.6

    Eco Data 10/24/25

    GMT Ccy Events Actual Consensus Previous Revised
    22:00 AUD Manufacturing PMI Oct P 49.7 51.4
    22:00 AUD Services PMI Oct P 53.1 52.4
    23:01 GBP GfK Consumer Confidence Oct -17 -20 -19
    23:30 JPY National CPI Y/Y Sep 2.90% 2.70%
    23:30 JPY National CPI Core Y/Y Sep 2.90% 2.90% 2.70%
    23:30 JPY National CPI Core-Core Y/Y Sep 3.00% 3.30%
    00:30 JPY Manufacturing PMI Oct P 48.3 48.6 48.5
    00:30 JPY Services PMI Oct P 52.4 53.3
    06:00 GBP Retail Sales M/M Sep 0.50% -0.20% 0.50% 0.60%
    07:15 EUR France Manufacturing PMI Oct P 48.3 48.4 48.2
    07:15 EUR France Services PMI Oct P 47.1 48.9 48.5
    07:30 EUR Germany Manufacturing PMI Oct P 49.6 49.6 51.5
    07:30 EUR Germany Services PMI Oct P 54.5 51.1 49.5
    08:00 EUR Eurozone Manufacturing PMI Oct P 50 49.9 49.8
    08:00 EUR Eurozone Services PMI Oct P 52.6 51.4 51.3
    08:30 GBP Manufacturing PMI Oct P 49.6 46.9 46.2
    08:30 GBP Services PMI Oct P 51.1 51.4 50.8
    12:30 CAD New Housing Price Index M/M Sep -0.20% 0.20% -0.30%
    12:30 USD CPI M/M Sep 0.30% 0.40% 0.40%
    12:30 USD CPI Y/Y Sep 3.00% 3.10% 2.90%
    12:30 USD CPI Core M/M Sep 0.20% 0.30% 0.30%
    12:30 USD CPI Core Y/Y Sep 3.00% 3.10% 3.10%
    13:45 USD Manufacturing PMI Oct P 52.2 51.9 52
    13:45 USD Services PMI Oct P 52.2 53.5 54.2
    14:00 USD UoM Consumer Sentiment Oct F 53.6 55 55
    14:00 USD UoM 1-Yr Inflation Expectations Oct F 4.60% 4.60% 4.60%
    GMT Ccy Events
    22:00 AUD Manufacturing PMI Oct P
        Actual: 49.7 Forecast:
        Previous: 51.4 Revised:
    22:00 AUD Services PMI Oct P
        Actual: 53.1 Forecast:
        Previous: 52.4 Revised:
    23:01 GBP GfK Consumer Confidence Oct
        Actual: -17 Forecast: -20
        Previous: -19 Revised:
    23:30 JPY National CPI Y/Y Sep
        Actual: 2.90% Forecast:
        Previous: 2.70% Revised:
    23:30 JPY National CPI Core Y/Y Sep
        Actual: 2.90% Forecast: 2.90%
        Previous: 2.70% Revised:
    23:30 JPY National CPI Core-Core Y/Y Sep
        Actual: 3.00% Forecast:
        Previous: 3.30% Revised:
    00:30 JPY Manufacturing PMI Oct P
        Actual: 48.3 Forecast: 48.6
        Previous: 48.5 Revised:
    00:30 JPY Services PMI Oct P
        Actual: 52.4 Forecast:
        Previous: 53.3 Revised:
    06:00 GBP Retail Sales M/M Sep
        Actual: 0.50% Forecast: -0.20%
        Previous: 0.50% Revised: 0.60%
    07:15 EUR France Manufacturing PMI Oct P
        Actual: 48.3 Forecast: 48.4
        Previous: 48.2 Revised:
    07:15 EUR France Services PMI Oct P
        Actual: 47.1 Forecast: 48.9
        Previous: 48.5 Revised:
    07:30 EUR Germany Manufacturing PMI Oct P
        Actual: 49.6 Forecast: 49.6
        Previous: 51.5 Revised:
    07:30 EUR Germany Services PMI Oct P
        Actual: 54.5 Forecast: 51.1
        Previous: 49.5 Revised:
    08:00 EUR Eurozone Manufacturing PMI Oct P
        Actual: 50 Forecast: 49.9
        Previous: 49.8 Revised:
    08:00 EUR Eurozone Services PMI Oct P
        Actual: 52.6 Forecast: 51.4
        Previous: 51.3 Revised:
    08:30 GBP Manufacturing PMI Oct P
        Actual: 49.6 Forecast: 46.9
        Previous: 46.2 Revised:
    08:30 GBP Services PMI Oct P
        Actual: 51.1 Forecast: 51.4
        Previous: 50.8 Revised:
    12:30 CAD New Housing Price Index M/M Sep
        Actual: -0.20% Forecast: 0.20%
        Previous: -0.30% Revised:
    12:30 USD CPI M/M Sep
        Actual: 0.30% Forecast: 0.40%
        Previous: 0.40% Revised:
    12:30 USD CPI Y/Y Sep
        Actual: 3.00% Forecast: 3.10%
        Previous: 2.90% Revised:
    12:30 USD CPI Core M/M Sep
        Actual: 0.20% Forecast: 0.30%
        Previous: 0.30% Revised:
    12:30 USD CPI Core Y/Y Sep
        Actual: 3.00% Forecast: 3.10%
        Previous: 3.10% Revised:
    13:45 USD Manufacturing PMI Oct P
        Actual: 52.2 Forecast: 51.9
        Previous: 52 Revised:
    13:45 USD Services PMI Oct P
        Actual: 52.2 Forecast: 53.5
        Previous: 54.2 Revised:
    14:00 USD UoM Consumer Sentiment Oct F
        Actual: 53.6 Forecast: 55
        Previous: 55 Revised:
    14:00 USD UoM 1-Yr Inflation Expectations Oct F
        Actual: 4.60% Forecast: 4.60%
        Previous: 4.60% Revised:

    Eco Data 10/23/25

    GMT Ccy Events Actual Consensus Previous Revised
    07:30 CHF SNB Summary of Meeting
    12:30 CAD Retail Sales M/M Aug 1.00% 1.00% -0.80% -0.70%
    12:30 CAD Retail Sales ex Autos M/M Aug 0.70% 1.50% -1.20% -1.10%
    14:00 USD Existing Home Sales Sep 4.06M 4.06M 4.00M
    14:00 EUR Eurozone Consumer Confidence Oct P -14 -15 -15
    14:30 USD Natural Gas Storage (Oct 17) 87B 78B 80B
    GMT Ccy Events
    07:30 CHF SNB Summary of Meeting
        Actual: Forecast:
        Previous: Revised:
    12:30 CAD Retail Sales M/M Aug
        Actual: 1.00% Forecast: 1.00%
        Previous: -0.80% Revised: -0.70%
    12:30 CAD Retail Sales ex Autos M/M Aug
        Actual: 0.70% Forecast: 1.50%
        Previous: -1.20% Revised: -1.10%
    14:00 USD Existing Home Sales Sep
        Actual: 4.06M Forecast: 4.06M
        Previous: 4.00M Revised:
    14:00 EUR Eurozone Consumer Confidence Oct P
        Actual: -14 Forecast: -15
        Previous: -15 Revised:
    14:30 USD Natural Gas Storage (Oct 17)
        Actual: 87B Forecast: 78B
        Previous: 80B Revised:

    Eco Data 10/22/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY Trade Balance (JPY) Sep -0.31T -0.09T -0.15T
    06:00 GBP CPI M/M Sep 0% 0.30%
    06:00 GBP CPI Y/Y Sep 3.80% 4.00% 3.80%
    06:00 GBP Core CPI Y/Y Sep 3.50% 3.70% 3.60%
    06:00 GBP RPI M/M Sep -0.40% -0.10% 0.40%
    06:00 GBP RPI Y/Y Sep 4.50% 4.70% 4.60%
    06:00 GBP PPI Input M/M Sep -0.10% 0.30% 0.80%
    06:00 GBP PPI Input Y/YS ep 0.80% -0.10%
    06:00 GBP PPI Output M/M Sep 0.00% 0.20% 0.50%
    06:00 GBP PPI Output Y/Y Sep 3.40% 0.30%
    06:00 GBP PPI Core Output M/M Sep 0.00% 0.30%
    06:00 GBP PPI Core Output Y/Y Sep 3.60% 1.50%
    14:30 USD Crude Oil Inventories (Oct 17) -1.0M 2.2M 3.5M
    GMT Ccy Events
    23:50 JPY Trade Balance (JPY) Sep
        Actual: -0.31T Forecast: -0.09T
        Previous: -0.15T Revised:
    06:00 GBP CPI M/M Sep
        Actual: 0% Forecast:
        Previous: 0.30% Revised:
    06:00 GBP CPI Y/Y Sep
        Actual: 3.80% Forecast: 4.00%
        Previous: 3.80% Revised:
    06:00 GBP Core CPI Y/Y Sep
        Actual: 3.50% Forecast: 3.70%
        Previous: 3.60% Revised:
    06:00 GBP RPI M/M Sep
        Actual: -0.40% Forecast: -0.10%
        Previous: 0.40% Revised:
    06:00 GBP RPI Y/Y Sep
        Actual: 4.50% Forecast: 4.70%
        Previous: 4.60% Revised:
    06:00 GBP PPI Input M/M Sep
        Actual: -0.10% Forecast: 0.30%
        Previous: 0.80% Revised:
    06:00 GBP PPI Input Y/YS ep
        Actual: 0.80% Forecast:
        Previous: -0.10% Revised:
    06:00 GBP PPI Output M/M Sep
        Actual: 0.00% Forecast: 0.20%
        Previous: 0.50% Revised:
    06:00 GBP PPI Output Y/Y Sep
        Actual: 3.40% Forecast:
        Previous: 0.30% Revised:
    06:00 GBP PPI Core Output M/M Sep
        Actual: 0.00% Forecast:
        Previous: 0.30% Revised:
    06:00 GBP PPI Core Output Y/Y Sep
        Actual: 3.60% Forecast:
        Previous: 1.50% Revised:
    14:30 USD Crude Oil Inventories (Oct 17)
        Actual: -1.0M Forecast: 2.2M
        Previous: 3.5M Revised:

    Eco Data 10/21/25

    GMT Ccy Events Actual Consensus Previous Revised
    21:45 NZD Trade Balance (NZD) Sep -1355M -554M -1185M -1235M
    06:00 CHF Trade Balance (CHF) Sep 4.07B 5.22B 4.01B 3.88B
    06:00 GBP Public Sector Net Borrowing (GBP) Sep 20.2B 20.5B 17.7B
    12:30 CAD CPI M/M Sep 0.10% -0.10% -0.10%
    12:30 CAD CPI Y/Y Sep 2.40% 2.30% 1.90%
    12:30 CAD CPI Median Y/Y Sep 3.20% 3.00% 3.10% 3.20%
    12:30 CAD CPI Trimmed Y/Y Sep 3.10% 3.00% 3.00%
    12:30 CAD CPI Common Y/Y Sep 2.70% 2.60% 2.50%
    GMT Ccy Events
    21:45 NZD Trade Balance (NZD) Sep
        Actual: -1355M Forecast: -554M
        Previous: -1185M Revised: -1235M
    06:00 CHF Trade Balance (CHF) Sep
        Actual: 4.07B Forecast: 5.22B
        Previous: 4.01B Revised: 3.88B
    06:00 GBP Public Sector Net Borrowing (GBP) Sep
        Actual: 20.2B Forecast: 20.5B
        Previous: 17.7B Revised:
    12:30 CAD CPI M/M Sep
        Actual: 0.10% Forecast: -0.10%
        Previous: -0.10% Revised:
    12:30 CAD CPI Y/Y Sep
        Actual: 2.40% Forecast: 2.30%
        Previous: 1.90% Revised:
    12:30 CAD CPI Median Y/Y Sep
        Actual: 3.20% Forecast: 3.00%
        Previous: 3.10% Revised: 3.20%
    12:30 CAD CPI Trimmed Y/Y Sep
        Actual: 3.10% Forecast: 3.00%
        Previous: 3.00% Revised:
    12:30 CAD CPI Common Y/Y Sep
        Actual: 2.70% Forecast: 2.60%
        Previous: 2.50% Revised:

    Eco Data 10/20/25

    GMT Ccy Events Actual Consensus Previous Revised
    21:45 NZD CPI Q/Q Q3 1.00% 0.80% 0.50%
    21:45 NZD CPI Y/Y Q3 3.00% 3.00% 2.70%
    01:00 CNY 1-Y Loan Prime Rate 3.00% 3.00% 3.00%
    01:00 CNY 5-Y Loan Prime Rate 3.50% 3.50% 3.50%
    02:00 CNY GDP Y/Y Q3 4.80% 4.70% 5.20%
    02:00 CNY Industrial Production Y/Y Sep 6.50% 5.00% 5.20%
    02:00 CNY Retail Sales Y/Y Sep 3.00% 2.90% 3.40%
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Sep -0.50% 0.20% 0.50%
    06:00 EUR Germany PPI M/M Sep -0.10% 0.10% -0.50%
    06:00 EUR Germany PPI Y/Y Sep -1.70% -2.20%
    08:00 EUR Eurozone Current Account (EUR) Aug 11.9B 22.5B 27.7B 29.8B
    12:30 CAD Industrial Product Price M/M Sep 0.80% 0.20% 0.50% 0.20%
    12:30 CAD Raw Material Price Index Sep 1.70% -0.30% -0.60% -0.80%
    14:30 CAD BoC Business Outlook Survey
    GMT Ccy Events
    21:45 NZD CPI Q/Q Q3
        Actual: 1.00% Forecast: 0.80%
        Previous: 0.50% Revised:
    21:45 NZD CPI Y/Y Q3
        Actual: 3.00% Forecast: 3.00%
        Previous: 2.70% Revised:
    01:00 CNY 1-Y Loan Prime Rate
        Actual: 3.00% Forecast: 3.00%
        Previous: 3.00% Revised:
    01:00 CNY 5-Y Loan Prime Rate
        Actual: 3.50% Forecast: 3.50%
        Previous: 3.50% Revised:
    02:00 CNY GDP Y/Y Q3
        Actual: 4.80% Forecast: 4.70%
        Previous: 5.20% Revised:
    02:00 CNY Industrial Production Y/Y Sep
        Actual: 6.50% Forecast: 5.00%
        Previous: 5.20% Revised:
    02:00 CNY Retail Sales Y/Y Sep
        Actual: 3.00% Forecast: 2.90%
        Previous: 3.40% Revised:
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Sep
        Actual: -0.50% Forecast: 0.20%
        Previous: 0.50% Revised:
    06:00 EUR Germany PPI M/M Sep
        Actual: -0.10% Forecast: 0.10%
        Previous: -0.50% Revised:
    06:00 EUR Germany PPI Y/Y Sep
        Actual: -1.70% Forecast:
        Previous: -2.20% Revised:
    08:00 EUR Eurozone Current Account (EUR) Aug
        Actual: 11.9B Forecast: 22.5B
        Previous: 27.7B Revised: 29.8B
    12:30 CAD Industrial Product Price M/M Sep
        Actual: 0.80% Forecast: 0.20%
        Previous: 0.50% Revised: 0.20%
    12:30 CAD Raw Material Price Index Sep
        Actual: 1.70% Forecast: -0.30%
        Previous: -0.60% Revised: -0.80%
    14:30 CAD BoC Business Outlook Survey
        Actual: Forecast:
        Previous: Revised:

    Summary 10/20 – 10/24

    Monday, Oct 20, 2025

    GMT Ccy Events Consensus Previous
    21:45 NZD CPI Q/Q Q3 0.80% 0.50%
    21:45 NZD CPI Y/Y Q3 3.00% 2.70%
    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 CNY GDP Y/Y Q3 4.70% 5.20%
    02:00 CNY Industrial Production Y/Y Sep 5.00% 5.20%
    02:00 CNY Retail Sales Y/Y Sep 2.90% 3.40%
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Sep 0.20% 0.50%
    06:00 EUR Germany PPI M/M Sep 0.10% -0.50%
    06:00 EUR Germany PPI Y/Y Sep -2.20%
    08:00 EUR Eurozone Current Account (EUR) Aug 22.5B 27.7B
    12:30 CAD Industrial Product Price M/M Sep 0.50%
    12:30 CAD Raw Material Price Index Sep -0.60%
    14:30 CAD BoC Business Outlook Survey
    21:45 NZD Trade Balance (NZD) Sep -1185M
    GMT Ccy Events
    21:45 NZD CPI Q/Q Q3
        Forecast: 0.80% Previous: 0.50%
    21:45 NZD CPI Y/Y Q3
        Forecast: 3.00% Previous: 2.70%
    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 CNY GDP Y/Y Q3
        Forecast: 4.70% Previous: 5.20%
    02:00 CNY Industrial Production Y/Y Sep
        Forecast: 5.00% Previous: 5.20%
    02:00 CNY Retail Sales Y/Y Sep
        Forecast: 2.90% Previous: 3.40%
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Sep
        Forecast: 0.20% Previous: 0.50%
    06:00 EUR Germany PPI M/M Sep
        Forecast: 0.10% Previous: -0.50%
    06:00 EUR Germany PPI Y/Y Sep
        Forecast: Previous: -2.20%
    08:00 EUR Eurozone Current Account (EUR) Aug
        Forecast: 22.5B Previous: 27.7B
    12:30 CAD Industrial Product Price M/M Sep
        Forecast: Previous: 0.50%
    12:30 CAD Raw Material Price Index Sep
        Forecast: Previous: -0.60%
    14:30 CAD BoC Business Outlook Survey
        Forecast: Previous:
    21:45 NZD Trade Balance (NZD) Sep
        Forecast: Previous: -1185M

    Tuesday, Oct 21, 2025

    GMT Ccy Events Consensus Previous
    06:00 CHF Trade Balance (CHF) Sep 5.22B 4.01B
    06:00 GBP Public Sector Net Borrowing (GBP) Sep 20.5B 17.7B
    12:30 CAD CPI M/M Sep -0.10% -0.10%
    12:30 CAD CPI Y/Y Sep 1.90%
    12:30 CAD CPI Median Y/Y Sep 3.00% 3.10%
    12:30 CAD CPI Trimmed Y/Y Sep 3.00% 3.00%
    12:30 CAD CPI Common Y/Y Sep 2.60% 2.50%
    23:50 JPY Trade Balance (JPY) Sep -0.09T -0.15T
    GMT Ccy Events
    06:00 CHF Trade Balance (CHF) Sep
        Forecast: 5.22B Previous: 4.01B
    06:00 GBP Public Sector Net Borrowing (GBP) Sep
        Forecast: 20.5B Previous: 17.7B
    12:30 CAD CPI M/M Sep
        Forecast: -0.10% Previous: -0.10%
    12:30 CAD CPI Y/Y Sep
        Forecast: Previous: 1.90%
    12:30 CAD CPI Median Y/Y Sep
        Forecast: 3.00% Previous: 3.10%
    12:30 CAD CPI Trimmed Y/Y Sep
        Forecast: 3.00% Previous: 3.00%
    12:30 CAD CPI Common Y/Y Sep
        Forecast: 2.60% Previous: 2.50%
    23:50 JPY Trade Balance (JPY) Sep
        Forecast: -0.09T Previous: -0.15T

    Wednesday, Oct 22, 2025

    GMT Ccy Events Consensus Previous
    06:00 GBP CPI M/M Sep 0.30%
    06:00 GBP CPI Y/Y Sep 4.00% 3.80%
    06:00 GBP Core CPI Y/Y Sep 3.70% 3.60%
    06:00 GBP RPI M/M Sep 0.40%
    06:00 GBP RPI Y/Y Sep 4.70% 4.60%
    06:00 GBP PPI Input M/M Sep 0.80%
    06:00 GBP PPI Input Y/YS ep -0.10%
    06:00 GBP PPI Output M/M Sep 0.50%
    06:00 GBP PPI Output Y/Y Sep 0.30%
    06:00 GBP PPI Core Output M/M Sep 0.30%
    06:00 GBP PPI Core Output Y/Y Sep 1.50%
    14:30 USD Crude Oil Inventories (Oct 17) 3.5M
    GMT Ccy Events
    06:00 GBP CPI M/M Sep
        Forecast: Previous: 0.30%
    06:00 GBP CPI Y/Y Sep
        Forecast: 4.00% Previous: 3.80%
    06:00 GBP Core CPI Y/Y Sep
        Forecast: 3.70% Previous: 3.60%
    06:00 GBP RPI M/M Sep
        Forecast: Previous: 0.40%
    06:00 GBP RPI Y/Y Sep
        Forecast: 4.70% Previous: 4.60%
    06:00 GBP PPI Input M/M Sep
        Forecast: Previous: 0.80%
    06:00 GBP PPI Input Y/YS ep
        Forecast: Previous: -0.10%
    06:00 GBP PPI Output M/M Sep
        Forecast: Previous: 0.50%
    06:00 GBP PPI Output Y/Y Sep
        Forecast: Previous: 0.30%
    06:00 GBP PPI Core Output M/M Sep
        Forecast: Previous: 0.30%
    06:00 GBP PPI Core Output Y/Y Sep
        Forecast: Previous: 1.50%
    14:30 USD Crude Oil Inventories (Oct 17)
        Forecast: Previous: 3.5M

    Thursday, Oct 23, 2025

    GMT Ccy Events Consensus Previous
    12:30 CAD Retail Sales M/M Aug 1.00% -0.80%
    12:30 CAD Retail Sales ex Autos M/M Aug 1.50% -1.20%
    14:00 USD Existing Home Sales Sep 4.06M 4.00M
    14:00 EUR Eurozone Consumer Confidence Oct P -15 -15
    14:30 USD Natural Gas Storage (Oct 17) 80B
    22:00 AUD Manufacturing PMI Oct P 51.4
    22:00 AUD Services PMI Oct P 52.4
    23:01 GBP GfK Consumer Confidence Oct -20 -19
    23:30 JPY National CPI Y/Y Sep 2.70%
    23:30 JPY National CPI Core Y/Y Sep 2.90% 2.70%
    23:30 JPY National CPI Core-Core Y/Y Sep 3.30%
    GMT Ccy Events
    12:30 CAD Retail Sales M/M Aug
        Forecast: 1.00% Previous: -0.80%
    12:30 CAD Retail Sales ex Autos M/M Aug
        Forecast: 1.50% Previous: -1.20%
    14:00 USD Existing Home Sales Sep
        Forecast: 4.06M Previous: 4.00M
    14:00 EUR Eurozone Consumer Confidence Oct P
        Forecast: -15 Previous: -15
    14:30 USD Natural Gas Storage (Oct 17)
        Forecast: Previous: 80B
    22:00 AUD Manufacturing PMI Oct P
        Forecast: Previous: 51.4
    22:00 AUD Services PMI Oct P
        Forecast: Previous: 52.4
    23:01 GBP GfK Consumer Confidence Oct
        Forecast: -20 Previous: -19
    23:30 JPY National CPI Y/Y Sep
        Forecast: Previous: 2.70%
    23:30 JPY National CPI Core Y/Y Sep
        Forecast: 2.90% Previous: 2.70%
    23:30 JPY National CPI Core-Core Y/Y Sep
        Forecast: Previous: 3.30%

    Friday, Oct 24, 2025

    GMT Ccy Events Consensus Previous
    00:30 JPY Manufacturing PMI Oct P 48.6 48.5
    00:30 JPY Services PMI Oct P 53.3
    06:00 GBP Retail Sales M/M Sep -0.20% 0.50%
    07:15 EUR France Manufacturing PMI Oct P 48.4 48.2
    07:15 EUR France Services PMI Oct P 48.9 48.5
    07:30 EUR Germany Manufacturing PMI Oct P 49.6 49.5
    07:30 EUR Germany Services PMI Oct P 51.1 51.5
    08:00 EUR Eurozone Manufacturing PMI Oct P 49.9 49.8
    08:00 EUR Eurozone Services PMI Oct P 51.4 51.3
    08:30 GBP Manufacturing PMI Oct P 46.9 46.2
    08:30 GBP Services PMI Oct P 51.4 50.8
    12:30 CAD New Housing Price Index M/M Sep 0.20% -0.30%
    12:30 USD CPI M/M Sep 0.40% 0.40%
    12:30 USD CPI Y/Y Sep 3.10% 2.90%
    12:30 USD CPI Core M/M Sep 0.30% 0.30%
    12:30 USD CPI Core Y/Y Sep 3.10% 3.10%
    13:45 USD Manufacturing PMI Oct P 51.9 52
    13:45 USD Services PMI Oct P 53.5 54.2
    14:00 USD UoM Consumer Sentiment Oct F 55 55
    14:00 USD UoM 1-Yr Inflation Expectations Oct F 4.60% 4.60%
    GMT Ccy Events
    00:30 JPY Manufacturing PMI Oct P
        Forecast: 48.6 Previous: 48.5
    00:30 JPY Services PMI Oct P
        Forecast: Previous: 53.3
    06:00 GBP Retail Sales M/M Sep
        Forecast: -0.20% Previous: 0.50%
    07:15 EUR France Manufacturing PMI Oct P
        Forecast: 48.4 Previous: 48.2
    07:15 EUR France Services PMI Oct P
        Forecast: 48.9 Previous: 48.5
    07:30 EUR Germany Manufacturing PMI Oct P
        Forecast: 49.6 Previous: 49.5
    07:30 EUR Germany Services PMI Oct P
        Forecast: 51.1 Previous: 51.5
    08:00 EUR Eurozone Manufacturing PMI Oct P
        Forecast: 49.9 Previous: 49.8
    08:00 EUR Eurozone Services PMI Oct P
        Forecast: 51.4 Previous: 51.3
    08:30 GBP Manufacturing PMI Oct P
        Forecast: 46.9 Previous: 46.2
    08:30 GBP Services PMI Oct P
        Forecast: 51.4 Previous: 50.8
    12:30 CAD New Housing Price Index M/M Sep
        Forecast: 0.20% Previous: -0.30%
    12:30 USD CPI M/M Sep
        Forecast: 0.40% Previous: 0.40%
    12:30 USD CPI Y/Y Sep
        Forecast: 3.10% Previous: 2.90%
    12:30 USD CPI Core M/M Sep
        Forecast: 0.30% Previous: 0.30%
    12:30 USD CPI Core Y/Y Sep
        Forecast: 3.10% Previous: 3.10%
    13:45 USD Manufacturing PMI Oct P
        Forecast: 51.9 Previous: 52
    13:45 USD Services PMI Oct P
        Forecast: 53.5 Previous: 54.2
    14:00 USD UoM Consumer Sentiment Oct F
        Forecast: 55 Previous: 55
    14:00 USD UoM 1-Yr Inflation Expectations Oct F
        Forecast: 4.60% Previous: 4.60%

    Eco Data 10/17/25

    GMT Ccy Events Actual Consensus Previous Revised
    09:00 EUR Eurozone CPI Y/Y Sep F 2.20% 2.20% 2.20%
    09:00 EUR Eurozone Core CPI Y/Y Sep F 2.40% 2.30% 2.30%
    GMT Ccy Events
    09:00 EUR Eurozone CPI Y/Y Sep F
        Actual: 2.20% Forecast: 2.20%
        Previous: 2.20% Revised:
    09:00 EUR Eurozone Core CPI Y/Y Sep F
        Actual: 2.40% Forecast: 2.30%
        Previous: 2.30% Revised:

    Eco Data 10/16/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY Machinery Orders M/M Aug -0.90% 0.50% -4.60%
    00:30 AUD Employment Change Sep 14.9K 20.0K -5.4K
    00:30 AUD Unemployment Rate Sep 4.50% 4.30% 4.20%
    04:30 JPY Tertiary Industry Index M/M Aug -0.40% -0.20% 0.50%
    06:00 GBP GDP M/M Aug 0.10% 0.10% 0.00% -0.10%
    06:00 GBP Manufacturing Production M/M Aug 0.70% 0.20% -1.30%
    06:00 GBP Manufacturing Production Y/Y Aug -0.80% -1.00% 0.20% -0.10%
    06:00 GBP Industrial Production M/M Aug 0.40% 0.20% -0.90% -0.40%
    06:00 GBP Industrial Production Y/Y Aug -0.70% -0.60% 0.10% -0.10%
    06:00 GBP Goods Trade Balance (GBP) Aug -21.2B -22.0B -22.2B
    07:00 CHF SECO Economic Forecasts
    09:00 EUR Eurozone Trade Balance (EUR) Aug 9.7B 4.2B 5.3B 6.0B
    12:15 CAD Housing Starts Y/Y Sep 279K 248K 246K 245K
    12:30 USD Philadelphia Fed Manufacturing Oct -12.8 8.6 23.2
    14:00 USD NAHB Housing Market Index Oct 37 33 32
    14:30 USD Natural Gas Storage (Oct 10) 80B 76B 80B
    18:00 USD Crude Oil Inventories (Oct 10) 3.5M 0.3M 3.7M
    GMT Ccy Events
    23:50 JPY Machinery Orders M/M Aug
        Actual: -0.90% Forecast: 0.50%
        Previous: -4.60% Revised:
    00:30 AUD Employment Change Sep
        Actual: 14.9K Forecast: 20.0K
        Previous: -5.4K Revised:
    00:30 AUD Unemployment Rate Sep
        Actual: 4.50% Forecast: 4.30%
        Previous: 4.20% Revised:
    04:30 JPY Tertiary Industry Index M/M Aug
        Actual: -0.40% Forecast: -0.20%
        Previous: 0.50% Revised:
    06:00 GBP GDP M/M Aug
        Actual: 0.10% Forecast: 0.10%
        Previous: 0.00% Revised: -0.10%
    06:00 GBP Manufacturing Production M/M Aug
        Actual: 0.70% Forecast: 0.20%
        Previous: -1.30% Revised:
    06:00 GBP Manufacturing Production Y/Y Aug
        Actual: -0.80% Forecast: -1.00%
        Previous: 0.20% Revised: -0.10%
    06:00 GBP Industrial Production M/M Aug
        Actual: 0.40% Forecast: 0.20%
        Previous: -0.90% Revised: -0.40%
    06:00 GBP Industrial Production Y/Y Aug
        Actual: -0.70% Forecast: -0.60%
        Previous: 0.10% Revised: -0.10%
    06:00 GBP Goods Trade Balance (GBP) Aug
        Actual: -21.2B Forecast: -22.0B
        Previous: -22.2B Revised:
    07:00 CHF SECO Economic Forecasts
        Actual: Forecast:
        Previous: Revised:
    09:00 EUR Eurozone Trade Balance (EUR) Aug
        Actual: 9.7B Forecast: 4.2B
        Previous: 5.3B Revised: 6.0B
    12:15 CAD Housing Starts Y/Y Sep
        Actual: 279K Forecast: 248K
        Previous: 246K Revised: 245K
    12:30 USD Philadelphia Fed Manufacturing Oct
        Actual: -12.8 Forecast: 8.6
        Previous: 23.2 Revised:
    14:00 USD NAHB Housing Market Index Oct
        Actual: 37 Forecast: 33
        Previous: 32 Revised:
    14:30 USD Natural Gas Storage (Oct 10)
        Actual: 80B Forecast: 76B
        Previous: 80B Revised:
    18:00 USD Crude Oil Inventories (Oct 10)
        Actual: 3.5M Forecast: 0.3M
        Previous: 3.7M Revised:

    .

    Eco Data 10/15/25

    GMT Ccy Events Actual Consensus Previous Revised
    00:00 AUD Westpac Leading Index M/M Sep 0.00% -0.05% -0.10%
    01:30 CNY CPI Y/Y Sep -0.30% -0.20% -0.40%
    01:30 CNY PPI Y/Y Sep -2.30% -2.30% -2.90%
    04:30 JPY Industrial Production M/M Aug F -1.50% -1.20% -1.20%
    09:00 EUR Eurozone Industrial Production M/M Aug -1.20% -1.80% 0.30% 0.50%
    12:30 CAD Manufacturingles M/M Aug -1.00% -1.50% 2.50% 2.20%
    12:30 CAD Wholeleles M/M Aug -1.20% -1.30% 1.20% 1.70%
    12:30 USD Empire State Manufacturing Oct 10.7 0.2 -8.7
    18:00 USD Fed's Beige Book
    GMT Ccy Events
    00:00 AUD Westpac Leading Index M/M Sep
        Actual: 0.00% Forecast:
        Previous: -0.05% Revised: -0.10%
    01:30 CNY CPI Y/Y Sep
        Actual: -0.30% Forecast: -0.20%
        Previous: -0.40% Revised:
    01:30 CNY PPI Y/Y Sep
        Actual: -2.30% Forecast: -2.30%
        Previous: -2.90% Revised:
    04:30 JPY Industrial Production M/M Aug F
        Actual: -1.50% Forecast: -1.20%
        Previous: -1.20% Revised:
    09:00 EUR Eurozone Industrial Production M/M Aug
        Actual: -1.20% Forecast: -1.80%
        Previous: 0.30% Revised: 0.50%
    12:30 CAD Manufacturingles M/M Aug
        Actual: -1.00% Forecast: -1.50%
        Previous: 2.50% Revised: 2.20%
    12:30 CAD Wholeleles M/M Aug
        Actual: -1.20% Forecast: -1.30%
        Previous: 1.20% Revised: 1.70%
    12:30 USD Empire State Manufacturing Oct
        Actual: 10.7 Forecast: 0.2
        Previous: -8.7 Revised:
    18:00 USD Fed's Beige Book
        Actual: Forecast:
        Previous: Revised:
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