HomeEconomic CalendarSummary 12/15 – 12/19

Summary 12/15 – 12/19

Monday, Dec 15, 2025

GMT Ccy Events Consensus Previous
21:30 NZD Business NZ PSI Nov 48.7
23:50 JPY Tankan Large Manufacturing Index Q4 15 14
23:50 JPY Tankan Non - Manufacturing Index Q4 35 34
23:50 JPY Tankan Large Manufacturing Outlook Q4 13 12
23:50 JPY Tankan Non - Manufacturing Outlook Q4 28 28
23:50 JPY Tankan Large All Industry Capex Q4 12.00% 12.50%
02:00 CNY Industrial Production Y/Y Nov 5.00% 4.90%
02:00 CNY Retail Sales Y/Y Nov 2.90% 2.90%
02:00 CNY Fixed Asset Investment YTD Y/Y Nov -2.30% -1.70%
04:30 JPY Tertiary Industry Index M/M Oct 0.20% 0.30%
07:30 CHF Producer and Import Prices M/M Nov 0.10% -0.30%
07:30 CHF Producer and Import Prices Y/Y Nov -1.70%
08:00 CHF SECO Economic Forecasts
10:00 EUR Eurozone Industrial Production M/M Oct 0.10% 0.20%
13:15 CAD Housing Starts Y/Y Nov 248K 233K
13:30 CAD CPI M/M Nov 0.10% 0.20%
13:30 CAD CPI Y/Y Nov 2.20%
13:30 CAD CPI Median Y/Y Nov 2.90% 2.90%
13:30 CAD CPI Trimmed Y/Y Nov 2.90% 3.00%
13:30 CAD CPI Common Y/Y Nov 2.80% 2.70%
13:30 CAD Manufacturingles M/M Oct -1.10% 3.30%
13:30 USD Empire State Manufacturing Dec 10.6 18.7
15:00 USD NAHB Housing Market Index Dec 38 38
22:00 AUD Manufacturing PMI Dec P 51.6
22:00 AUD Services PMI Dec P 52.8
23:30 AUD Westpac Consumer Confidence Dec 12.80%
GMT Ccy Events
21:30 NZD Business NZ PSI Nov
    Forecast: Previous: 48.7
23:50 JPY Tankan Large Manufacturing Index Q4
    Forecast: 15 Previous: 14
23:50 JPY Tankan Non - Manufacturing Index Q4
    Forecast: 35 Previous: 34
23:50 JPY Tankan Large Manufacturing Outlook Q4
    Forecast: 13 Previous: 12
23:50 JPY Tankan Non - Manufacturing Outlook Q4
    Forecast: 28 Previous: 28
23:50 JPY Tankan Large All Industry Capex Q4
    Forecast: 12.00% Previous: 12.50%
02:00 CNY Industrial Production Y/Y Nov
    Forecast: 5.00% Previous: 4.90%
02:00 CNY Retail Sales Y/Y Nov
    Forecast: 2.90% Previous: 2.90%
02:00 CNY Fixed Asset Investment YTD Y/Y Nov
    Forecast: -2.30% Previous: -1.70%
04:30 JPY Tertiary Industry Index M/M Oct
    Forecast: 0.20% Previous: 0.30%
07:30 CHF Producer and Import Prices M/M Nov
    Forecast: 0.10% Previous: -0.30%
07:30 CHF Producer and Import Prices Y/Y Nov
    Forecast: Previous: -1.70%
08:00 CHF SECO Economic Forecasts
    Forecast: Previous:
10:00 EUR Eurozone Industrial Production M/M Oct
    Forecast: 0.10% Previous: 0.20%
13:15 CAD Housing Starts Y/Y Nov
    Forecast: 248K Previous: 233K
13:30 CAD CPI M/M Nov
    Forecast: 0.10% Previous: 0.20%
13:30 CAD CPI Y/Y Nov
    Forecast: Previous: 2.20%
13:30 CAD CPI Median Y/Y Nov
    Forecast: 2.90% Previous: 2.90%
13:30 CAD CPI Trimmed Y/Y Nov
    Forecast: 2.90% Previous: 3.00%
13:30 CAD CPI Common Y/Y Nov
    Forecast: 2.80% Previous: 2.70%
13:30 CAD Manufacturingles M/M Oct
    Forecast: -1.10% Previous: 3.30%
13:30 USD Empire State Manufacturing Dec
    Forecast: 10.6 Previous: 18.7
15:00 USD NAHB Housing Market Index Dec
    Forecast: 38 Previous: 38
22:00 AUD Manufacturing PMI Dec P
    Forecast: Previous: 51.6
22:00 AUD Services PMI Dec P
    Forecast: Previous: 52.8
23:30 AUD Westpac Consumer Confidence Dec
    Forecast: Previous: 12.80%

Tuesday, Dec 16, 2025

GMT Ccy Events Consensus Previous
00:30 JPY Manufacturing PMI Dec P 48.8 48.7
00:30 JPY Services PMI Dec P 53.2
07:00 GBP Claimant Count Change Nov 22.3K 29.0K
07:00 GBP ILO Unemployment Rate (3M) Oct 5.10% 5%
07:00 GBP Average Earnings Including Bonus 3M/Y Oct 4.40% 4.80%
07:00 GBP Average Earnings Excluding Bonus 3M/Y Oct 4.60%
08:15 EUR France Manufacturing PMI Dec P 48.2 47.8
08:15 EUR France Services PMI Dec P 51.3 51.4
08:30 EUR Germany Manufacturing PMI Dec P 48.5 48.2
08:30 EUR Germany Services PMI Dec P 53 53.1
09:00 EUR Eurozone Manufacturing PMI Dec P 49.9 49.6
09:00 EUR Eurozone Services PMI Dec P 53.9 53.6
09:30 GBP Manufacturing PMI Dec P 50.3 50.2
09:30 GBP Services PMI Dec P 51.6 51.3
10:00 EUR Eurozone Trade Balance (EUR Oct 18.7B
10:00 EUR Germany ZEW Economic Sentiment Dec 40 38.5
10:00 EUR Germany ZEW Current Situation Dec -76.2 -78.7
10:00 EUR Eurozone ZEW Economic Sentiment Dec 26.3 25
13:30 USD Retail Sales M/M Oct 0.20% 0.20%
13:30 USD Retail Sales ex Autos M/M Oct 0.30% 0.30%
13:30 USD Nonfarm Payrolls Oct 50K 119K
13:30 USD Nonfarm Payrolls Nov 35K
13:30 USD Unemployment Rate Nov 4.40% 4.40%
13:30 USD Average Hourly Earnings M/M Oct 0.20%
14:45 USD Manufacturing PMI Dec P 52.2
14:45 USD Services PMI Dec P 54.1
15:00 USD Business Inventories Sep 0.20% 0.00%
21:45 NZD Current Account (NZD) Q3 -7.65B -0.97B
23:50 JPY Trade Balance (JPY) Nov -0.21T 0.00T
GMT Ccy Events
00:30 JPY Manufacturing PMI Dec P
    Forecast: 48.8 Previous: 48.7
00:30 JPY Services PMI Dec P
    Forecast: Previous: 53.2
07:00 GBP Claimant Count Change Nov
    Forecast: 22.3K Previous: 29.0K
07:00 GBP ILO Unemployment Rate (3M) Oct
    Forecast: 5.10% Previous: 5%
07:00 GBP Average Earnings Including Bonus 3M/Y Oct
    Forecast: 4.40% Previous: 4.80%
07:00 GBP Average Earnings Excluding Bonus 3M/Y Oct
    Forecast: Previous: 4.60%
08:15 EUR France Manufacturing PMI Dec P
    Forecast: 48.2 Previous: 47.8
08:15 EUR France Services PMI Dec P
    Forecast: 51.3 Previous: 51.4
08:30 EUR Germany Manufacturing PMI Dec P
    Forecast: 48.5 Previous: 48.2
08:30 EUR Germany Services PMI Dec P
    Forecast: 53 Previous: 53.1
09:00 EUR Eurozone Manufacturing PMI Dec P
    Forecast: 49.9 Previous: 49.6
09:00 EUR Eurozone Services PMI Dec P
    Forecast: 53.9 Previous: 53.6
09:30 GBP Manufacturing PMI Dec P
    Forecast: 50.3 Previous: 50.2
09:30 GBP Services PMI Dec P
    Forecast: 51.6 Previous: 51.3
10:00 EUR Eurozone Trade Balance (EUR Oct
    Forecast: Previous: 18.7B
10:00 EUR Germany ZEW Economic Sentiment Dec
    Forecast: 40 Previous: 38.5
10:00 EUR Germany ZEW Current Situation Dec
    Forecast: -76.2 Previous: -78.7
10:00 EUR Eurozone ZEW Economic Sentiment Dec
    Forecast: 26.3 Previous: 25
13:30 USD Retail Sales M/M Oct
    Forecast: 0.20% Previous: 0.20%
13:30 USD Retail Sales ex Autos M/M Oct
    Forecast: 0.30% Previous: 0.30%
13:30 USD Nonfarm Payrolls Oct
    Forecast: 50K Previous: 119K
13:30 USD Nonfarm Payrolls Nov
    Forecast: 35K Previous:
13:30 USD Unemployment Rate Nov
    Forecast: 4.40% Previous: 4.40%
13:30 USD Average Hourly Earnings M/M Oct
    Forecast: Previous: 0.20%
14:45 USD Manufacturing PMI Dec P
    Forecast: Previous: 52.2
14:45 USD Services PMI Dec P
    Forecast: Previous: 54.1
15:00 USD Business Inventories Sep
    Forecast: 0.20% Previous: 0.00%
21:45 NZD Current Account (NZD) Q3
    Forecast: -7.65B Previous: -0.97B
23:50 JPY Trade Balance (JPY) Nov
    Forecast: -0.21T Previous: 0.00T

Wednesday, Dec 17, 2025

GMT Ccy Events Consensus Previous
00:00 AUD Westpac Leading Index M/M Nov 0.11%
07:00 GBP CPI M/M Nov 0.40%
07:00 GBP CPI Y/Y Nov 3.50% 3.60%
07:00 GBP Core CPI Y/Y Nov 3.40% 3.40%
07:00 GBP RPI M/M Nov 0.30%
07:00 GBP RPI Y/Y Nov 4.30% 4.30%
07:00 GBP PPI Input M/M Nov -0.30%
07:00 GBP PPI Input Y/Y Nov 0.50%
07:00 GBP PPI Output Y/Y Nov 3.60%
07:00 GBP PPI Output M/M Nov 0%
07:00 GBP PPI Core Output M/M Nov 0.10%
07:00 GBP PPI Core Output Y/Y Nov 3.60%
09:00 EUR Germany IFO Business Climate Dec 88.5 88.1
09:00 EUR Germany IFO Current Assessment Dec 86 85.6
09:00 EUR Germany IFO Expectations Dec 91 90.6
10:00 EUR Eurozone CPI Y/Y Nov F 2.20% 2.20%
10:00 EUR Eurozone Core CPI Y/Y Nov F 2.40% 2.40%
15:30 USD Crude Oil Inventories (Dec 12) -1.8M
21:45 NZD GDP Q/Q Q3 0.80% -0.90%
GMT Ccy Events
00:00 AUD Westpac Leading Index M/M Nov
    Forecast: Previous: 0.11%
07:00 GBP CPI M/M Nov
    Forecast: Previous: 0.40%
07:00 GBP CPI Y/Y Nov
    Forecast: 3.50% Previous: 3.60%
07:00 GBP Core CPI Y/Y Nov
    Forecast: 3.40% Previous: 3.40%
07:00 GBP RPI M/M Nov
    Forecast: Previous: 0.30%
07:00 GBP RPI Y/Y Nov
    Forecast: 4.30% Previous: 4.30%
07:00 GBP PPI Input M/M Nov
    Forecast: Previous: -0.30%
07:00 GBP PPI Input Y/Y Nov
    Forecast: Previous: 0.50%
07:00 GBP PPI Output Y/Y Nov
    Forecast: Previous: 3.60%
07:00 GBP PPI Output M/M Nov
    Forecast: Previous: 0%
07:00 GBP PPI Core Output M/M Nov
    Forecast: Previous: 0.10%
07:00 GBP PPI Core Output Y/Y Nov
    Forecast: Previous: 3.60%
09:00 EUR Germany IFO Business Climate Dec
    Forecast: 88.5 Previous: 88.1
09:00 EUR Germany IFO Current Assessment Dec
    Forecast: 86 Previous: 85.6
09:00 EUR Germany IFO Expectations Dec
    Forecast: 91 Previous: 90.6
10:00 EUR Eurozone CPI Y/Y Nov F
    Forecast: 2.20% Previous: 2.20%
10:00 EUR Eurozone Core CPI Y/Y Nov F
    Forecast: 2.40% Previous: 2.40%
15:30 USD Crude Oil Inventories (Dec 12)
    Forecast: Previous: -1.8M
21:45 NZD GDP Q/Q Q3
    Forecast: 0.80% Previous: -0.90%

Thursday, Dec 18, 2025

GMT Ccy Events Consensus Previous
00:00 AUD Consumer Inflation Expectations Dec 4.50%
07:00 CHF Trade Balance (CHF) Nov 5.32B 4.32B
12:00 GBP BoE Interest Rate Decision 3.75% 4.00%
13:15 EUR ECB Deposit Rate 2.00% 2.00%
13:15 EUR ECB Main Refinancing Rate 2.15% 2.15%
13:15 EUR ECB Monetary Policy Statement
13:30 USD Initial Jobless Claims (Dec 12) 231K 236K
13:30 USD CPI M/M Nov 0.30%
13:30 USD CPI Y/Y Nov 3%
13:30 USD CPI Core M/M Nov 0.20%
13:30 USD CPI Core Y/Y Nov 3%
13:30 USD Philadelphia Fed Manufacturing Survey Dec 2.2 -1.7
13:45 EUR ECB Press Conference
15:30 USD Natural Gas Storage (Dec 12) -177B
21:45 NZD Trade Balance (NZD) Nov -1542M
23:30 JPY National CPI Y/Y Nov 3%
23:30 JPY National CPI Core Y/Y Nov 3% 3%
23:30 JPY National CPI Core-Core Y/Y Nov 3.10%
GMT Ccy Events
00:00 AUD Consumer Inflation Expectations Dec
    Forecast: Previous: 4.50%
07:00 CHF Trade Balance (CHF) Nov
    Forecast: 5.32B Previous: 4.32B
12:00 GBP BoE Interest Rate Decision
    Forecast: 3.75% Previous: 4.00%
13:15 EUR ECB Deposit Rate
    Forecast: 2.00% Previous: 2.00%
13:15 EUR ECB Main Refinancing Rate
    Forecast: 2.15% Previous: 2.15%
13:15 EUR ECB Monetary Policy Statement
    Forecast: Previous:
13:30 USD Initial Jobless Claims (Dec 12)
    Forecast: 231K Previous: 236K
13:30 USD CPI M/M Nov
    Forecast: Previous: 0.30%
13:30 USD CPI Y/Y Nov
    Forecast: Previous: 3%
13:30 USD CPI Core M/M Nov
    Forecast: Previous: 0.20%
13:30 USD CPI Core Y/Y Nov
    Forecast: Previous: 3%
13:30 USD Philadelphia Fed Manufacturing Survey Dec
    Forecast: 2.2 Previous: -1.7
13:45 EUR ECB Press Conference
    Forecast: Previous:
15:30 USD Natural Gas Storage (Dec 12)
    Forecast: Previous: -177B
21:45 NZD Trade Balance (NZD) Nov
    Forecast: Previous: -1542M
23:30 JPY National CPI Y/Y Nov
    Forecast: Previous: 3%
23:30 JPY National CPI Core Y/Y Nov
    Forecast: 3% Previous: 3%
23:30 JPY National CPI Core-Core Y/Y Nov
    Forecast: Previous: 3.10%

Friday, Dec 19, 2025

GMT Ccy Events Consensus Previous
JPY BoJ Interest Rate Decision 0.50%
00:00 NZD ANZ Business Confidence Dec 67.1
00:00 NZD ANZ Activity Outlook Dec 53.1
00:01 GBP GfK Consumer Confidence Dec -18 -19
00:30 AUD Private Sector Credit M/M Nov 0.70%
06:30 JPY BoJ Press Conference
07:00 GBP Retail Sales M/M Nov 0.40% -1.10%
07:00 EUR Germany GfK Consumer Confidence Jan -23 -23.2
07:00 EUR Germany PPI M/M Nov 0.10% 0.10%
07:00 EUR Germany PPI Y/Y Nov -1.80%
07:00 GBP Public Sector Net Borrowing (GBP) Nov 10.2B 17.4B
09:00 EUR Eurozone Current Account (EUR) Oct 23.1B
13:30 CAD New Housing Price Index M/M Nov 0.00% -0.40%
13:30 CAD Retail Sales M/M Oct 0.00% -0.70%
13:30 CAD Retail Sales ex Autos M/M Oct 0.00% 0.20%
15:00 USD Existing Home Sales M/M Nov 4.15M 4.10M
15:00 USD UoM Consumer Sentiment Dec F 53.3 53.3
15:00 USD UoM 1-Yr Inflation Expectations Dec F 4.10%
15:00 EUR Eurozone Consumer Confidence Dec P -14 -14
GMT Ccy Events
JPY BoJ Interest Rate Decision
    Forecast: Previous: 0.50%
00:00 NZD ANZ Business Confidence Dec
    Forecast: Previous: 67.1
00:00 NZD ANZ Activity Outlook Dec
    Forecast: Previous: 53.1
00:01 GBP GfK Consumer Confidence Dec
    Forecast: -18 Previous: -19
00:30 AUD Private Sector Credit M/M Nov
    Forecast: Previous: 0.70%
06:30 JPY BoJ Press Conference
    Forecast: Previous:
07:00 GBP Retail Sales M/M Nov
    Forecast: 0.40% Previous: -1.10%
07:00 EUR Germany GfK Consumer Confidence Jan
    Forecast: -23 Previous: -23.2
07:00 EUR Germany PPI M/M Nov
    Forecast: 0.10% Previous: 0.10%
07:00 EUR Germany PPI Y/Y Nov
    Forecast: Previous: -1.80%
07:00 GBP Public Sector Net Borrowing (GBP) Nov
    Forecast: 10.2B Previous: 17.4B
09:00 EUR Eurozone Current Account (EUR) Oct
    Forecast: Previous: 23.1B
13:30 CAD New Housing Price Index M/M Nov
    Forecast: 0.00% Previous: -0.40%
13:30 CAD Retail Sales M/M Oct
    Forecast: 0.00% Previous: -0.70%
13:30 CAD Retail Sales ex Autos M/M Oct
    Forecast: 0.00% Previous: 0.20%
15:00 USD Existing Home Sales M/M Nov
    Forecast: 4.15M Previous: 4.10M
15:00 USD UoM Consumer Sentiment Dec F
    Forecast: 53.3 Previous: 53.3
15:00 USD UoM 1-Yr Inflation Expectations Dec F
    Forecast: Previous: 4.10%
15:00 EUR Eurozone Consumer Confidence Dec P
    Forecast: -14 Previous: -14
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