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    Economic Calendar

    Eco Data 5/21/25

    GMT Ccy Events Actual Consensus Previous Revised
    22:45 NZD Trade Balance (NZD) Apr 1426M 500M 970M 794M
    23:50 JPY Trade Balance (JPY) Apr -0.41T -0.19T -0.23T -0.29T
    01:00 AUD Westpac Leading Index M/M Apr -0.01% -0.11% -0.15%
    06:00 GBP CPI M/M Apr 1.20% 1.10% 0.30%
    06:00 GBP CPI Y/Y Apr 3.50% 3.30% 2.60%
    06:00 GBP Core CPI Y/Y Apr 3.80% 3.60% 3.40%
    06:00 GBP RPI M/M Apr 1.70% 1.50% 0.30%
    06:00 GBP RPI Y/Y Apr 4.50% 4.20% 3.20%
    12:30 CAD New Housing Price Index M/M Apr -0.40% 0.10% 0.00%
    14:30 USD Crude Oil Inventories 1.3M -0.9M 3.5M
    GMT Ccy Events
    22:45 NZD Trade Balance (NZD) Apr
        Actual: 1426M Forecast: 500M
        Previous: 970M Revised: 794M
    23:50 JPY Trade Balance (JPY) Apr
        Actual: -0.41T Forecast: -0.19T
        Previous: -0.23T Revised: -0.29T
    01:00 AUD Westpac Leading Index M/M Apr
        Actual: -0.01% Forecast:
        Previous: -0.11% Revised: -0.15%
    06:00 GBP CPI M/M Apr
        Actual: 1.20% Forecast: 1.10%
        Previous: 0.30% Revised:
    06:00 GBP CPI Y/Y Apr
        Actual: 3.50% Forecast: 3.30%
        Previous: 2.60% Revised:
    06:00 GBP Core CPI Y/Y Apr
        Actual: 3.80% Forecast: 3.60%
        Previous: 3.40% Revised:
    06:00 GBP RPI M/M Apr
        Actual: 1.70% Forecast: 1.50%
        Previous: 0.30% Revised:
    06:00 GBP RPI Y/Y Apr
        Actual: 4.50% Forecast: 4.20%
        Previous: 3.20% Revised:
    12:30 CAD New Housing Price Index M/M Apr
        Actual: -0.40% Forecast: 0.10%
        Previous: 0.00% Revised:
    14:30 USD Crude Oil Inventories
        Actual: 1.3M Forecast: -0.9M
        Previous: 3.5M Revised:

    Eco Data 5/20/25

    GMT Ccy Events Actual Consensus Previous Revised
    01:15 CNY 1-Y Loan Prime Rate 3.00% 3.00% 3.10%
    04:30 CNY 5-Y Loan Prime Rate 3.50% 3.50% 3.60%
    04:30 AUD RBA Interest Rate Decision 3.85% 3.85% 4.10%
    06:00 EUR Germany PPI M/M Apr -0.60% -0.30% -0.70%
    06:00 EUR Germany PPI Y/Y Apr -0.90% -0.60% -0.20%
    08:00 EUR Eurozone Current Account (EUR) Mar 50.9B 35.9B 34.3B
    12:30 CAD CPI M/M Apr -0.10% -0.10% 0.30%
    12:30 CAD CPI Y/Y Apr 1.70% 1.60% 2.30%
    12:30 CAD CPI Median Y/Y Apr 3.20% 2.90% 2.90%
    12:30 CAD CPI Trimmed Y/Y Apr 3.10% 2.80% 2.80%
    12:30 CAD CPI Common Y/Y Apr 2.50% 2.30% 2.30%
    GMT Ccy Events
    01:15 CNY 1-Y Loan Prime Rate
        Actual: 3.00% Forecast: 3.00%
        Previous: 3.10% Revised:
    04:30 CNY 5-Y Loan Prime Rate
        Actual: 3.50% Forecast: 3.50%
        Previous: 3.60% Revised:
    04:30 AUD RBA Interest Rate Decision
        Actual: 3.85% Forecast: 3.85%
        Previous: 4.10% Revised:
    06:00 EUR Germany PPI M/M Apr
        Actual: -0.60% Forecast: -0.30%
        Previous: -0.70% Revised:
    06:00 EUR Germany PPI Y/Y Apr
        Actual: -0.90% Forecast: -0.60%
        Previous: -0.20% Revised:
    08:00 EUR Eurozone Current Account (EUR) Mar
        Actual: 50.9B Forecast: 35.9B
        Previous: 34.3B Revised:
    12:30 CAD CPI M/M Apr
        Actual: -0.10% Forecast: -0.10%
        Previous: 0.30% Revised:
    12:30 CAD CPI Y/Y Apr
        Actual: 1.70% Forecast: 1.60%
        Previous: 2.30% Revised:
    12:30 CAD CPI Median Y/Y Apr
        Actual: 3.20% Forecast: 2.90%
        Previous: 2.90% Revised:
    12:30 CAD CPI Trimmed Y/Y Apr
        Actual: 3.10% Forecast: 2.80%
        Previous: 2.80% Revised:
    12:30 CAD CPI Common Y/Y Apr
        Actual: 2.50% Forecast: 2.30%
        Previous: 2.30% Revised:

    Eco Data 5/19/25

    GMT Ccy Events Actual Consensus Previous Revised
    22:30 NZD Business NZ PSI Apr 48.5 49.1 48.9
    22:45 NZD PPI Input Q/Q Q1 2.90% 0.20% -0.90%
    22:45 NZD PPI Output Q/Q Q1 2.10% 0.10% -0.10%
    23:01 GBP Rightmove House Price Index M/M May 0.60% 1.40%
    02:00 CNY Industrial Production Y/Y Apr 6.10% 5.70% 7.70%
    02:00 CNY Retail Sales Y/Y Apr 5.10% 6.00% 5.90%
    02:00 CNY Fixed Asset Investment YTD Y/Y Apr 4.00% 4.40% 4.20%
    04:30 JPY Tertiary Industry Index M/M Mar -0.30% -0.20% 0.00% 0.50%
    09:00 EUR Eurozone CPI Y/Y Apr F 2.20% 2.20% 2.20%
    09:00 EUR Eurozone CPI Core Y/Y Apr F 2.70% 2.70% 2.70%
    GMT Ccy Events
    22:30 NZD Business NZ PSI Apr
        Actual: 48.5 Forecast:
        Previous: 49.1 Revised: 48.9
    22:45 NZD PPI Input Q/Q Q1
        Actual: 2.90% Forecast: 0.20%
        Previous: -0.90% Revised:
    22:45 NZD PPI Output Q/Q Q1
        Actual: 2.10% Forecast: 0.10%
        Previous: -0.10% Revised:
    23:01 GBP Rightmove House Price Index M/M May
        Actual: 0.60% Forecast:
        Previous: 1.40% Revised:
    02:00 CNY Industrial Production Y/Y Apr
        Actual: 6.10% Forecast: 5.70%
        Previous: 7.70% Revised:
    02:00 CNY Retail Sales Y/Y Apr
        Actual: 5.10% Forecast: 6.00%
        Previous: 5.90% Revised:
    02:00 CNY Fixed Asset Investment YTD Y/Y Apr
        Actual: 4.00% Forecast: 4.40%
        Previous: 4.20% Revised:
    04:30 JPY Tertiary Industry Index M/M Mar
        Actual: -0.30% Forecast: -0.20%
        Previous: 0.00% Revised: 0.50%
    09:00 EUR Eurozone CPI Y/Y Apr F
        Actual: 2.20% Forecast: 2.20%
        Previous: 2.20% Revised:
    09:00 EUR Eurozone CPI Core Y/Y Apr F
        Actual: 2.70% Forecast: 2.70%
        Previous: 2.70% Revised:

    Summary 5/19 – 5/23

    Monday, May 19, 2025

    GMT Ccy Events Consensus Previous
    22:30 NZD Business NZ PSI Apr 49.1
    22:45 NZD PPI Input Q/Q Q1 0.20% -0.90%
    22:45 NZD PPI Output Q/Q Q1 0.10% -0.10%
    23:01 GBP Rightmove House Price Index M/M May 1.40%
    02:00 CNY Industrial Production Y/Y Apr 5.70% 7.70%
    02:00 CNY Retail Sales Y/Y Apr 6.00% 5.90%
    02:00 CNY Fixed Asset Investment YTD Y/Y Apr 4.40% 4.20%
    04:30 JPY Tertiary Industry Index M/M Mar -0.20% 0.00%
    09:00 EUR Eurozone CPI Y/Y Apr F 2.20% 2.20%
    09:00 EUR Eurozone CPI Core Y/Y Apr F 2.70% 2.70%
    GMT Ccy Events
    22:30 NZD Business NZ PSI Apr
        Forecast: Previous: 49.1
    22:45 NZD PPI Input Q/Q Q1
        Forecast: 0.20% Previous: -0.90%
    22:45 NZD PPI Output Q/Q Q1
        Forecast: 0.10% Previous: -0.10%
    23:01 GBP Rightmove House Price Index M/M May
        Forecast: Previous: 1.40%
    02:00 CNY Industrial Production Y/Y Apr
        Forecast: 5.70% Previous: 7.70%
    02:00 CNY Retail Sales Y/Y Apr
        Forecast: 6.00% Previous: 5.90%
    02:00 CNY Fixed Asset Investment YTD Y/Y Apr
        Forecast: 4.40% Previous: 4.20%
    04:30 JPY Tertiary Industry Index M/M Mar
        Forecast: -0.20% Previous: 0.00%
    09:00 EUR Eurozone CPI Y/Y Apr F
        Forecast: 2.20% Previous: 2.20%
    09:00 EUR Eurozone CPI Core Y/Y Apr F
        Forecast: 2.70% Previous: 2.70%

    Tuesday, May 20, 2025

    GMT Ccy Events Consensus Previous
    01:15 CNY 1-Y Loan Prime Rate 3.10%
    04:30 CNY 5-Y Loan Prime Rate 3.60%
    04:30 AUD RBA Interest Rate Decision 3.85% 4.10%
    06:00 EUR Germany PPI M/M Apr -0.30% -0.70%
    06:00 EUR Germany PPI Y/Y Apr -0.20%
    08:00 EUR Eurozone Current Account (EUR) Mar 34.3B
    12:30 CAD CPI M/M Apr 0.30%
    12:30 CAD CPI Y/Y Apr 1.60% 2.30%
    12:30 CAD CPI Median Y/Y Apr 2.90% 2.90%
    12:30 CAD CPI Trimmed Y/Y Apr 2.90% 2.80%
    12:30 CAD CPI Common Y/Y Apr 2.40% 2.30%
    22:45 NZD Trade Balance (NZD) Apr 500M 970M
    23:50 JPY Trade Balance (JPY) Apr -0.19T -0.23T
    GMT Ccy Events
    01:15 CNY 1-Y Loan Prime Rate
        Forecast: Previous: 3.10%
    04:30 CNY 5-Y Loan Prime Rate
        Forecast: Previous: 3.60%
    04:30 AUD RBA Interest Rate Decision
        Forecast: 3.85% Previous: 4.10%
    06:00 EUR Germany PPI M/M Apr
        Forecast: -0.30% Previous: -0.70%
    06:00 EUR Germany PPI Y/Y Apr
        Forecast: Previous: -0.20%
    08:00 EUR Eurozone Current Account (EUR) Mar
        Forecast: Previous: 34.3B
    12:30 CAD CPI M/M Apr
        Forecast: Previous: 0.30%
    12:30 CAD CPI Y/Y Apr
        Forecast: 1.60% Previous: 2.30%
    12:30 CAD CPI Median Y/Y Apr
        Forecast: 2.90% Previous: 2.90%
    12:30 CAD CPI Trimmed Y/Y Apr
        Forecast: 2.90% Previous: 2.80%
    12:30 CAD CPI Common Y/Y Apr
        Forecast: 2.40% Previous: 2.30%
    22:45 NZD Trade Balance (NZD) Apr
        Forecast: 500M Previous: 970M
    23:50 JPY Trade Balance (JPY) Apr
        Forecast: -0.19T Previous: -0.23T

    Wednesday, May 21, 2025

    GMT Ccy Events Consensus Previous
    01:00 AUD Westpac Leading Index M/M Apr -0.11%
    06:00 GBP CPI M/M Apr 0.30%
    06:00 GBP CPI Y/Y Apr 3.30% 2.60%
    06:00 GBP Core CPI Y/Y Apr 3.60% 3.40%
    06:00 GBP RPI M/M Apr 0.30%
    06:00 GBP RPI Y/Y Apr 4.20% 3.20%
    12:30 CAD New Housing Price Index M/M Apr 0.10% 0.00%
    14:30 USD Crude Oil Inventories 3.5M
    23:00 AUD Manufacturing PMI May P 51.7
    23:00 AUD Services PMI May P 51
    23:50 JPY Machinery Orders M/M Mar -1.60% 4.30%
    GMT Ccy Events
    01:00 AUD Westpac Leading Index M/M Apr
        Forecast: Previous: -0.11%
    06:00 GBP CPI M/M Apr
        Forecast: Previous: 0.30%
    06:00 GBP CPI Y/Y Apr
        Forecast: 3.30% Previous: 2.60%
    06:00 GBP Core CPI Y/Y Apr
        Forecast: 3.60% Previous: 3.40%
    06:00 GBP RPI M/M Apr
        Forecast: Previous: 0.30%
    06:00 GBP RPI Y/Y Apr
        Forecast: 4.20% Previous: 3.20%
    12:30 CAD New Housing Price Index M/M Apr
        Forecast: 0.10% Previous: 0.00%
    14:30 USD Crude Oil Inventories
        Forecast: Previous: 3.5M
    23:00 AUD Manufacturing PMI May P
        Forecast: Previous: 51.7
    23:00 AUD Services PMI May P
        Forecast: Previous: 51
    23:50 JPY Machinery Orders M/M Mar
        Forecast: -1.60% Previous: 4.30%

    Thursday, May 22, 2025

    GMT Ccy Events Consensus Previous
    00:30 JPY Manufacturing PMI May P 48.7
    00:30 JPY Services PMI May P 52.4
    06:00 GBP Public Sector Net Borrowing (GBP) Apr 17.7B 16.4B
    07:15 EUR France Manufacturing PMI May P 48.9 48.7
    07:15 EUR France Services PMI May P 47.7 47.3
    07:30 EUR Germany Manufacturing PMI May P 49 48.4
    07:30 EUR Germany Services PMI May P 49.5 49
    08:00 EUR Eurozone Manufacturing PMI May P 49.4 49
    08:00 EUR Eurozone Services PMI May P 50.4 50.1
    08:00 EUR Germany IFO Expectations May 88.3 87.4
    08:00 EUR Germany IFO Current Assessment May 87 86.4
    08:00 EUR Germany IFO Business Climate May 87.7 86.9
    08:30 GBP Manufacturing PMI May P 46.2 45.4
    08:30 GBP Services PMI May P 50 49
    11:30 EUR ECB Meeting Accounts
    12:30 CAD Industrial Product Price M/M Apr 0.50%
    12:30 CAD Raw Material Price Index Apr -1%
    12:30 USD Initial Jobless Claims (May 16) 227K 229K
    13:45 USD Manufacturing PMI May P 50.2
    13:45 USD Services PMI May P 50.8
    14:00 USD Existing Home Sales M/M Apr 4.10M 4.02M
    14:00 USD Existing Home Sales Change M/M Apr -5.90%
    14:30 USD Natural Gas Storage 110B
    22:45 NZD Retail Sales Q/Q Q1 0.00% 0.90%
    22:45 NZD Retail Sales ex Autos Q/Q Q1 1.50% 1.40%
    23:01 GBP GfK Consumer Confidence May -22 -23
    23:30 JPY National CPI Y/Y Apr 3.60%
    23:30 JPY National CPI Core Y/Y Apr 3.40% 3.20%
    23:30 JPY National CPI Core-Core Y/Y Apr 2.90%
    GMT Ccy Events
    00:30 JPY Manufacturing PMI May P
        Forecast: Previous: 48.7
    00:30 JPY Services PMI May P
        Forecast: Previous: 52.4
    06:00 GBP Public Sector Net Borrowing (GBP) Apr
        Forecast: 17.7B Previous: 16.4B
    07:15 EUR France Manufacturing PMI May P
        Forecast: 48.9 Previous: 48.7
    07:15 EUR France Services PMI May P
        Forecast: 47.7 Previous: 47.3
    07:30 EUR Germany Manufacturing PMI May P
        Forecast: 49 Previous: 48.4
    07:30 EUR Germany Services PMI May P
        Forecast: 49.5 Previous: 49
    08:00 EUR Eurozone Manufacturing PMI May P
        Forecast: 49.4 Previous: 49
    08:00 EUR Eurozone Services PMI May P
        Forecast: 50.4 Previous: 50.1
    08:00 EUR Germany IFO Expectations May
        Forecast: 88.3 Previous: 87.4
    08:00 EUR Germany IFO Current Assessment May
        Forecast: 87 Previous: 86.4
    08:00 EUR Germany IFO Business Climate May
        Forecast: 87.7 Previous: 86.9
    08:30 GBP Manufacturing PMI May P
        Forecast: 46.2 Previous: 45.4
    08:30 GBP Services PMI May P
        Forecast: 50 Previous: 49
    11:30 EUR ECB Meeting Accounts
        Forecast: Previous:
    12:30 CAD Industrial Product Price M/M Apr
        Forecast: Previous: 0.50%
    12:30 CAD Raw Material Price Index Apr
        Forecast: Previous: -1%
    12:30 USD Initial Jobless Claims (May 16)
        Forecast: 227K Previous: 229K
    13:45 USD Manufacturing PMI May P
        Forecast: Previous: 50.2
    13:45 USD Services PMI May P
        Forecast: Previous: 50.8
    14:00 USD Existing Home Sales M/M Apr
        Forecast: 4.10M Previous: 4.02M
    14:00 USD Existing Home Sales Change M/M Apr
        Forecast: Previous: -5.90%
    14:30 USD Natural Gas Storage
        Forecast: Previous: 110B
    22:45 NZD Retail Sales Q/Q Q1
        Forecast: 0.00% Previous: 0.90%
    22:45 NZD Retail Sales ex Autos Q/Q Q1
        Forecast: 1.50% Previous: 1.40%
    23:01 GBP GfK Consumer Confidence May
        Forecast: -22 Previous: -23
    23:30 JPY National CPI Y/Y Apr
        Forecast: Previous: 3.60%
    23:30 JPY National CPI Core Y/Y Apr
        Forecast: 3.40% Previous: 3.20%
    23:30 JPY National CPI Core-Core Y/Y Apr
        Forecast: Previous: 2.90%

    Friday, May 23, 2025

    GMT Ccy Events Consensus Previous
    06:00 EUR Germany GDP Q/Q Q1 F 0.20% 0.20%
    06:00 GBP Retail Sales M/M Apr 0.40% 0.40%
    12:30 CAD Retail Sales M/M Mar -0.30% -0.40%
    12:30 CAD Retail Sales ex Autos M/M Mar 0.20% 0.50%
    14:00 USD New Home Sales M/M Apr 696K 724K
    GMT Ccy Events
    06:00 EUR Germany GDP Q/Q Q1 F
        Forecast: 0.20% Previous: 0.20%
    06:00 GBP Retail Sales M/M Apr
        Forecast: 0.40% Previous: 0.40%
    12:30 CAD Retail Sales M/M Mar
        Forecast: -0.30% Previous: -0.40%
    12:30 CAD Retail Sales ex Autos M/M Mar
        Forecast: 0.20% Previous: 0.50%
    14:00 USD New Home Sales M/M Apr
        Forecast: 696K Previous: 724K

    Eco Data 5/16/25

    GMT Ccy Events Actual Consensus Previous Revised
    22:30 NZD Business NZ PMI Apr 53.9 53.2
    23:50 JPY GDP Q/Q Q1 P -0.20% -0.10% 0.70%
    23:50 JPY GDP Deflator Y/Y Q1 P 3.30% 3.20% 2.90%
    03:00 NZD RBNZ Inflation Expectations Q2 2.29% 2.06%
    04:30 JPY Industrial Production M/M Mar F 0.20% -1.10% -1.10%
    09:00 EUR Eurozone Trade Balance (EUR) Mar 27.9B 17.5B 21.0B 22.7B
    12:30 USD Housing Starts Apr 1.36M 1.37M 1.32M 1.34M
    12:30 USD Building Permits Apr 1.41M 1.45M 1.48M
    12:30 USD Import Price Index M/M Apr 0.10% -0.40% -0.10% -0.40%
    14:00 USD UoM Consumer Sentiment May P 50.8 53 52.2
    14:00 USD UoM Inflation Expectations May P 7.30% 6.50%
    GMT Ccy Events
    22:30 NZD Business NZ PMI Apr
        Actual: 53.9 Forecast:
        Previous: 53.2 Revised:
    23:50 JPY GDP Q/Q Q1 P
        Actual: -0.20% Forecast: -0.10%
        Previous: 0.70% Revised:
    23:50 JPY GDP Deflator Y/Y Q1 P
        Actual: 3.30% Forecast: 3.20%
        Previous: 2.90% Revised:
    03:00 NZD RBNZ Inflation Expectations Q2
        Actual: 2.29% Forecast:
        Previous: 2.06% Revised:
    04:30 JPY Industrial Production M/M Mar F
        Actual: 0.20% Forecast: -1.10%
        Previous: -1.10% Revised:
    09:00 EUR Eurozone Trade Balance (EUR) Mar
        Actual: 27.9B Forecast: 17.5B
        Previous: 21.0B Revised: 22.7B
    12:30 USD Housing Starts Apr
        Actual: 1.36M Forecast: 1.37M
        Previous: 1.32M Revised: 1.34M
    12:30 USD Building Permits Apr
        Actual: 1.41M Forecast: 1.45M
        Previous: 1.48M Revised:
    12:30 USD Import Price Index M/M Apr
        Actual: 0.10% Forecast: -0.40%
        Previous: -0.10% Revised: -0.40%
    14:00 USD UoM Consumer Sentiment May P
        Actual: 50.8 Forecast: 53
        Previous: 52.2 Revised:
    14:00 USD UoM Inflation Expectations May P
        Actual: 7.30% Forecast:
        Previous: 6.50% Revised:

    Eco Data 5/15/25

    GMT Ccy Events Actual Consensus Previous Revised
    01:00 AUD Consumer Inflation Expectations May 4.10% 4.20%
    01:30 AUD Employment Change Apr 89K 20.9K 32.2K 36.4K
    01:30 AUD Unemployment Rate Apr 4.10% 4.10% 4.10%
    06:00 JPY Machine Tool Orders Y/Y Apr 7.70% 11.40%
    06:00 GBP GDP Q/Q Q1 P 0.70% 0.60% 0.10%
    06:00 GBP GDP M/M Mar 0.20% 0.00% 0.50%
    06:00 GBP Industrial Production M/M Mar -0.70% -0.60% 1.50%
    06:00 GBP Industrial Production Y/Y Mar -0.70% -0.90% 0.10% 0.40%
    06:00 GBP Manufacturing Production M/M Mar -0.80% -0.80% 2.20%
    06:00 GBP Manufacturing Production Y/Y Mar -0.80% -0.50% 0.30% 0.50%
    06:00 GBP Goods Trade Balance (GBP) Mar -19.9B -19.7B -20.8B -21.0B
    06:30 CHF Producer and Import Prices M/M Apr 0.10% 0.20% 0.10%
    06:30 CHF Producer and Import Prices Y/Y Apr -0.50% -0.10%
    09:00 EUR Eurozone GDP Q/Q Q1 P 0.30% 0.40% 0.40%
    09:00 EUR Eurozone Employment Change Q/Q Q1 P 0.30% 0.10% 0.10%
    09:00 EUR Eurozone Industrial Production M/M Mar 2.60% 1.70% 1.10%
    12:15 CAD Housing Starts Apr 279K 234K 214K
    12:30 CAD Manufacturing Sales M/M Mar -1.40% -1.90% 0.20% -0.20%
    12:30 CAD Wholesale Sales M/M Mar 0.20% -0.30% 0.30%
    12:30 USD Initial Jobless Claims (May 9) 229K 230K 228K 229K
    12:30 USD Retail Sales M/M Apr 0.10% 0.10% 1.50% 1.70%
    12:30 USD Retail Sales ex Autos M/M Apr 0.10% 0.30% 0.50% 0.80%
    12:30 USD PPI M/M Apr -0.50% 0.20% -0.40% 0.00%
    12:30 USD PPI Y/Y Apr 2.40% 2.50% 2.70%
    12:30 USD PPI Core M/M Apr -0.40% 0.30% -0.10% 0.40%
    12:30 USD PPI Core Y/Y Apr 3.10% 3.10% 3.30% 4.00%
    12:30 USD Empire State Manufacturing May -9.2 -7.1 -8.1
    12:30 USD Philadelphia Fed Survey May -4 -8.5 -26.4
    13:15 USD Industrial Production M/M Apr 0.00% 0.10% -0.30%
    13:15 USD Capacity Utilization Apr 77.70% 77.80% 77.80%
    14:00 USD Business Inventories Mar 0.10% 0.20% 0.20%
    14:00 USD NAHB Housing Market Index May 34 41 40
    14:30 USD Natural Gas Storage 110B 111B 104B
    GMT Ccy Events
    01:00 AUD Consumer Inflation Expectations May
        Actual: 4.10% Forecast:
        Previous: 4.20% Revised:
    01:30 AUD Employment Change Apr
        Actual: 89K Forecast: 20.9K
        Previous: 32.2K Revised: 36.4K
    01:30 AUD Unemployment Rate Apr
        Actual: 4.10% Forecast: 4.10%
        Previous: 4.10% Revised:
    06:00 JPY Machine Tool Orders Y/Y Apr
        Actual: 7.70% Forecast:
        Previous: 11.40% Revised:
    06:00 GBP GDP Q/Q Q1 P
        Actual: 0.70% Forecast: 0.60%
        Previous: 0.10% Revised:
    06:00 GBP GDP M/M Mar
        Actual: 0.20% Forecast: 0.00%
        Previous: 0.50% Revised:
    06:00 GBP Industrial Production M/M Mar
        Actual: -0.70% Forecast: -0.60%
        Previous: 1.50% Revised:
    06:00 GBP Industrial Production Y/Y Mar
        Actual: -0.70% Forecast: -0.90%
        Previous: 0.10% Revised: 0.40%
    06:00 GBP Manufacturing Production M/M Mar
        Actual: -0.80% Forecast: -0.80%
        Previous: 2.20% Revised:
    06:00 GBP Manufacturing Production Y/Y Mar
        Actual: -0.80% Forecast: -0.50%
        Previous: 0.30% Revised: 0.50%
    06:00 GBP Goods Trade Balance (GBP) Mar
        Actual: -19.9B Forecast: -19.7B
        Previous: -20.8B Revised: -21.0B
    06:30 CHF Producer and Import Prices M/M Apr
        Actual: 0.10% Forecast: 0.20%
        Previous: 0.10% Revised:
    06:30 CHF Producer and Import Prices Y/Y Apr
        Actual: -0.50% Forecast:
        Previous: -0.10% Revised:
    09:00 EUR Eurozone GDP Q/Q Q1 P
        Actual: 0.30% Forecast: 0.40%
        Previous: 0.40% Revised:
    09:00 EUR Eurozone Employment Change Q/Q Q1 P
        Actual: 0.30% Forecast: 0.10%
        Previous: 0.10% Revised:
    09:00 EUR Eurozone Industrial Production M/M Mar
        Actual: 2.60% Forecast: 1.70%
        Previous: 1.10% Revised:
    12:15 CAD Housing Starts Apr
        Actual: 279K Forecast: 234K
        Previous: 214K Revised:
    12:30 CAD Manufacturing Sales M/M Mar
        Actual: -1.40% Forecast: -1.90%
        Previous: 0.20% Revised: -0.20%
    12:30 CAD Wholesale Sales M/M Mar
        Actual: 0.20% Forecast: -0.30%
        Previous: 0.30% Revised:
    12:30 USD Initial Jobless Claims (May 9)
        Actual: 229K Forecast: 230K
        Previous: 228K Revised: 229K
    12:30 USD Retail Sales M/M Apr
        Actual: 0.10% Forecast: 0.10%
        Previous: 1.50% Revised: 1.70%
    12:30 USD Retail Sales ex Autos M/M Apr
        Actual: 0.10% Forecast: 0.30%
        Previous: 0.50% Revised: 0.80%
    12:30 USD PPI M/M Apr
        Actual: -0.50% Forecast: 0.20%
        Previous: -0.40% Revised: 0.00%
    12:30 USD PPI Y/Y Apr
        Actual: 2.40% Forecast: 2.50%
        Previous: 2.70% Revised:
    12:30 USD PPI Core M/M Apr
        Actual: -0.40% Forecast: 0.30%
        Previous: -0.10% Revised: 0.40%
    12:30 USD PPI Core Y/Y Apr
        Actual: 3.10% Forecast: 3.10%
        Previous: 3.30% Revised: 4.00%
    12:30 USD Empire State Manufacturing May
        Actual: -9.2 Forecast: -7.1
        Previous: -8.1 Revised:
    12:30 USD Philadelphia Fed Survey May
        Actual: -4 Forecast: -8.5
        Previous: -26.4 Revised:
    13:15 USD Industrial Production M/M Apr
        Actual: 0.00% Forecast: 0.10%
        Previous: -0.30% Revised:
    13:15 USD Capacity Utilization Apr
        Actual: 77.70% Forecast: 77.80%
        Previous: 77.80% Revised:
    14:00 USD Business Inventories Mar
        Actual: 0.10% Forecast: 0.20%
        Previous: 0.20% Revised:
    14:00 USD NAHB Housing Market Index May
        Actual: 34 Forecast: 41
        Previous: 40 Revised:
    14:30 USD Natural Gas Storage
        Actual: 110B Forecast: 111B
        Previous: 104B Revised:

    Eco Data 5/14/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY PPI Y/Y Apr 4.00% 4.00% 4.20% 4.30%
    01:30 AUD Wage Price Index Q/Q Q1 0.90% 0.80% 0.70%
    06:00 EUR Germany CPI M/M Apr F 0.40% 0.40% 0.40%
    06:00 EUR Germany CPI Y/Y Apr F 2.10% 2.10% 2.10%
    12:30 CAD Building Permits M/M Mar -4.10% 1.00% 2.90% 4.90%
    14:30 USD Crude Oil Inventories 3.5M -2.0M -2.0M
    GMT Ccy Events
    23:50 JPY PPI Y/Y Apr
        Actual: 4.00% Forecast: 4.00%
        Previous: 4.20% Revised: 4.30%
    01:30 AUD Wage Price Index Q/Q Q1
        Actual: 0.90% Forecast: 0.80%
        Previous: 0.70% Revised:
    06:00 EUR Germany CPI M/M Apr F
        Actual: 0.40% Forecast: 0.40%
        Previous: 0.40% Revised:
    06:00 EUR Germany CPI Y/Y Apr F
        Actual: 2.10% Forecast: 2.10%
        Previous: 2.10% Revised:
    12:30 CAD Building Permits M/M Mar
        Actual: -4.10% Forecast: 1.00%
        Previous: 2.90% Revised: 4.90%
    14:30 USD Crude Oil Inventories
        Actual: 3.5M Forecast: -2.0M
        Previous: -2.0M Revised:

    Eco Data 5/13/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY BoJ Summary of Opinions
    23:50 JPY Money Supply M2+CD Y/Y Apr 0.50% 0.60% 0.80%
    00:30 AUD Westpac Consumer Confidence May 2.20% -6%
    01:30 AUD NAB Business Conditions Apr 2 4
    01:30 AUD NAB Business Confidence Apr -1 -3
    06:00 GBP Claimant Count Change Apr 5.2K 22.3K 18.7K -16.9K
    06:00 GBP ILO Unemployment Rate (3M) Mar 4.50% 4.50% 4.40%
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar 5.50% 5.20% 5.60% 5.70%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar 5.60% 5.70% 5.90%
    09:00 EUR Germany ZEW Economic Sentiment May 25.2 9.8 -14
    09:00 EUR Germany ZEW Current Situation May -82 -77 -81.2
    09:00 EUR Eurozone ZEW Economic Sentiment May 11.6 -4.4 -18.5
    10:00 USD NFIB Business Optimism Index Apr 95.8 94.5 97.4
    12:30 USD CPI M/M Apr 0.20% 0.30% -0.10%
    12:30 USD CPI Y/Y Apr 2.30% 2.40% 2.40%
    12:30 USD CPI Core M/M Apr 0.20% 0.30% 0.10%
    12:30 USD CPI Core Y/Y Apr 2.80% 2.80% 2.80%
    GMT Ccy Events
    23:50 JPY BoJ Summary of Opinions
        Actual: Forecast:
        Previous: Revised:
    23:50 JPY Money Supply M2+CD Y/Y Apr
        Actual: 0.50% Forecast: 0.60%
        Previous: 0.80% Revised:
    00:30 AUD Westpac Consumer Confidence May
        Actual: 2.20% Forecast:
        Previous: -6% Revised:
    01:30 AUD NAB Business Conditions Apr
        Actual: 2 Forecast:
        Previous: 4 Revised:
    01:30 AUD NAB Business Confidence Apr
        Actual: -1 Forecast:
        Previous: -3 Revised:
    06:00 GBP Claimant Count Change Apr
        Actual: 5.2K Forecast: 22.3K
        Previous: 18.7K Revised: -16.9K
    06:00 GBP ILO Unemployment Rate (3M) Mar
        Actual: 4.50% Forecast: 4.50%
        Previous: 4.40% Revised:
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar
        Actual: 5.50% Forecast: 5.20%
        Previous: 5.60% Revised: 5.70%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar
        Actual: 5.60% Forecast: 5.70%
        Previous: 5.90% Revised:
    09:00 EUR Germany ZEW Economic Sentiment May
        Actual: 25.2 Forecast: 9.8
        Previous: -14 Revised:
    09:00 EUR Germany ZEW Current Situation May
        Actual: -82 Forecast: -77
        Previous: -81.2 Revised:
    09:00 EUR Eurozone ZEW Economic Sentiment May
        Actual: 11.6 Forecast: -4.4
        Previous: -18.5 Revised:
    10:00 USD NFIB Business Optimism Index Apr
        Actual: 95.8 Forecast: 94.5
        Previous: 97.4 Revised:
    12:30 USD CPI M/M Apr
        Actual: 0.20% Forecast: 0.30%
        Previous: -0.10% Revised:
    12:30 USD CPI Y/Y Apr
        Actual: 2.30% Forecast: 2.40%
        Previous: 2.40% Revised:
    12:30 USD CPI Core M/M Apr
        Actual: 0.20% Forecast: 0.30%
        Previous: 0.10% Revised:
    12:30 USD CPI Core Y/Y Apr
        Actual: 2.80% Forecast: 2.80%
        Previous: 2.80% Revised:

    Eco Data 5/12/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY Bank Lending Y/Y Apr 2.40% 2.80% 2.80%
    23:50 JPY Current Account (JPY) Mar 2.72T 2.42T 2.32T 2.91T
    05:00 JPY Eco Watchers Survey: Current Apr 42.6 44.5 45.1
    GMT Ccy Events
    23:50 JPY Bank Lending Y/Y Apr
        Actual: 2.40% Forecast: 2.80%
        Previous: 2.80% Revised:
    23:50 JPY Current Account (JPY) Mar
        Actual: 2.72T Forecast: 2.42T
        Previous: 2.32T Revised: 2.91T
    05:00 JPY Eco Watchers Survey: Current Apr
        Actual: 42.6 Forecast: 44.5
        Previous: 45.1 Revised:

    Summary 5/12 – 5/16

    Monday, May 12, 2025

    GMT Ccy Events Consensus Previous
    23:50 JPY Bank Lending Y/Y Apr 2.80% 2.80%
    23:50 JPY Current Account (JPY) Mar 2.42T 2.32T
    23:50 JPY Trade Balance - BOP Basis Mar ¥712.9B
    05:00 JPY Eco Watchers Survey: Current Apr 44.5 45.1
    23:50 JPY BoJ Summary of Opinions
    23:50 JPY Money Supply M2+CD Y/Y Apr 0.60% 0.80%
    GMT Ccy Events
    23:50 JPY Bank Lending Y/Y Apr
        Forecast: 2.80% Previous: 2.80%
    23:50 JPY Current Account (JPY) Mar
        Forecast: 2.42T Previous: 2.32T
    23:50 JPY Trade Balance - BOP Basis Mar
        Forecast: Previous: ¥712.9B
    05:00 JPY Eco Watchers Survey: Current Apr
        Forecast: 44.5 Previous: 45.1
    23:50 JPY BoJ Summary of Opinions
        Forecast: Previous:
    23:50 JPY Money Supply M2+CD Y/Y Apr
        Forecast: 0.60% Previous: 0.80%

    Tuesday, May 13, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD Westpac Consumer Confidence May -6%
    01:30 AUD NAB Business Conditions Apr 4
    01:30 AUD NAB Business Confidence Apr -3
    06:00 GBP Claimant Count Change Apr 22.3K 18.7K
    06:00 GBP ILO Unemployment Rate (3M) Mar 4.50% 4.40%
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar 5.20% 5.60%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar 5.90%
    09:00 EUR Germany ZEW Economic Sentiment May 9.8 -14
    09:00 EUR Germany ZEW Current Situation May -77 -81.2
    09:00 EUR Eurozone ZEW Economic Sentiment May -4.4 -18.5
    10:00 USD NFIB Business Optimism Index Apr 94.5 97.4
    12:30 USD CPI M/M Apr 0.30% -0.10%
    12:30 USD CPI Y/Y Apr 2.40% 2.40%
    12:30 USD CPI Core M/M Apr 0.30% 0.10%
    12:30 USD CPI Core Y/Y Apr 2.80%
    GMT Ccy Events
    00:30 AUD Westpac Consumer Confidence May
        Forecast: Previous: -6%
    01:30 AUD NAB Business Conditions Apr
        Forecast: Previous: 4
    01:30 AUD NAB Business Confidence Apr
        Forecast: Previous: -3
    06:00 GBP Claimant Count Change Apr
        Forecast: 22.3K Previous: 18.7K
    06:00 GBP ILO Unemployment Rate (3M) Mar
        Forecast: 4.50% Previous: 4.40%
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar
        Forecast: 5.20% Previous: 5.60%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar
        Forecast: Previous: 5.90%
    09:00 EUR Germany ZEW Economic Sentiment May
        Forecast: 9.8 Previous: -14
    09:00 EUR Germany ZEW Current Situation May
        Forecast: -77 Previous: -81.2
    09:00 EUR Eurozone ZEW Economic Sentiment May
        Forecast: -4.4 Previous: -18.5
    10:00 USD NFIB Business Optimism Index Apr
        Forecast: 94.5 Previous: 97.4
    12:30 USD CPI M/M Apr
        Forecast: 0.30% Previous: -0.10%
    12:30 USD CPI Y/Y Apr
        Forecast: 2.40% Previous: 2.40%
    12:30 USD CPI Core M/M Apr
        Forecast: 0.30% Previous: 0.10%
    12:30 USD CPI Core Y/Y Apr
        Forecast: Previous: 2.80%

    Wednesday, May 14, 2025

    GMT Ccy Events Consensus Previous
    23:50 JPY PPI Y/Y Apr 4.00% 4.20%
    01:30 AUD Wage Price Index Q/Q Q1 0.80% 0.70%
    06:00 EUR Germany CPI M/M Apr F 0.40% 0.40%
    06:00 EUR Germany CPI Y/Y Apr F 2.10% 2.10%
    12:30 CAD Building Permits M/M Mar 1.00% 2.90%
    14:30 USD Crude Oil Inventories -2.0M
    GMT Ccy Events
    23:50 JPY PPI Y/Y Apr
        Forecast: 4.00% Previous: 4.20%
    01:30 AUD Wage Price Index Q/Q Q1
        Forecast: 0.80% Previous: 0.70%
    06:00 EUR Germany CPI M/M Apr F
        Forecast: 0.40% Previous: 0.40%
    06:00 EUR Germany CPI Y/Y Apr F
        Forecast: 2.10% Previous: 2.10%
    12:30 CAD Building Permits M/M Mar
        Forecast: 1.00% Previous: 2.90%
    14:30 USD Crude Oil Inventories
        Forecast: Previous: -2.0M

    Thursday, May 15, 2025

    GMT Ccy Events Consensus Previous
    01:00 AUD Consumer Inflation Expectations May 4.20%
    01:30 AUD Employment Change Apr 20.9K 32.2K
    01:30 AUD Unemployment Rate Apr 4.10% 4.10%
    06:00 JPY Machine Tool Orders Y/Y Apr 11.40%
    06:00 GBP GDP Q/Q Q1 P 0.60% 0.10%
    06:00 GBP GDP M/M Mar 0.00% 0.50%
    06:00 GBP Manufacturing Production M/M Mar -0.80% 2.20%
    06:00 GBP Manufacturing Production Y/Y Mar 0.30%
    06:00 GBP Industrial Production M/M Mar -0.60% 1.50%
    06:00 GBP Industrial Production Y/Y Mar 0.10%
    06:00 GBP Goods Trade Balance (GBP) Mar -19.7B -20.8B
    06:30 CHF Producer and Import Prices M/M Apr 0.20% 0.10%
    06:30 CHF Producer and Import Prices Y/Y Apr -0.10%
    09:00 EUR Eurozone GDP Q/Q Q1 P 0.40% 0.40%
    09:00 EUR Eurozone Employment Change Q/Q Q1 P 0.10% 0.10%
    09:00 EUR Eurozone Industrial Production M/M Mar 1.70% 1.10%
    12:15 CAD Housing Starts Apr 234K 214K
    12:30 CAD Manufacturing Sales M/M Mar -1.90% 0.20%
    12:30 CAD Wholesale Sales M/M Mar -0.30% 0.30%
    12:30 USD Initial Jobless Claims (May 9) 230K 228K
    12:30 USD Retail Sales M/M Apr 0.10% 1.50%
    12:30 USD Retail Sales ex Autos M/M Apr 0.30% 0.50%
    12:30 USD PPI M/M Apr 0.20% -0.40%
    12:30 USD PPI Y/Y Apr 2.70%
    12:30 USD PPI Core M/M Apr 0.30% -0.10%
    12:30 USD PPI Core Y/Y Apr 3.30%
    12:30 USD Empire State Manufacturing May -7.1 -8.1
    12:30 USD Philadelphia Fed Survey May -8.5 -26.4
    13:15 USD Industrial Production M/M Apr 0.10% -0.30%
    13:15 USD Capacity Utilization Apr 77.80% 77.80%
    14:00 USD Business Inventories Mar 0.20% 0.20%
    14:00 USD NAHB Housing Market Index May 41 40
    14:30 USD Natural Gas Storage 104B
    22:30 NZD Business NZ PMI Apr 53.2
    23:50 JPY GDP Q/Q Q1 P -0.10% 0.70%
    23:50 JPY GDP Deflator Y/Y Q1 P 3.20% 2.90%
    GMT Ccy Events
    01:00 AUD Consumer Inflation Expectations May
        Forecast: Previous: 4.20%
    01:30 AUD Employment Change Apr
        Forecast: 20.9K Previous: 32.2K
    01:30 AUD Unemployment Rate Apr
        Forecast: 4.10% Previous: 4.10%
    06:00 JPY Machine Tool Orders Y/Y Apr
        Forecast: Previous: 11.40%
    06:00 GBP GDP Q/Q Q1 P
        Forecast: 0.60% Previous: 0.10%
    06:00 GBP GDP M/M Mar
        Forecast: 0.00% Previous: 0.50%
    06:00 GBP Manufacturing Production M/M Mar
        Forecast: -0.80% Previous: 2.20%
    06:00 GBP Manufacturing Production Y/Y Mar
        Forecast: Previous: 0.30%
    06:00 GBP Industrial Production M/M Mar
        Forecast: -0.60% Previous: 1.50%
    06:00 GBP Industrial Production Y/Y Mar
        Forecast: Previous: 0.10%
    06:00 GBP Goods Trade Balance (GBP) Mar
        Forecast: -19.7B Previous: -20.8B
    06:30 CHF Producer and Import Prices M/M Apr
        Forecast: 0.20% Previous: 0.10%
    06:30 CHF Producer and Import Prices Y/Y Apr
        Forecast: Previous: -0.10%
    09:00 EUR Eurozone GDP Q/Q Q1 P
        Forecast: 0.40% Previous: 0.40%
    09:00 EUR Eurozone Employment Change Q/Q Q1 P
        Forecast: 0.10% Previous: 0.10%
    09:00 EUR Eurozone Industrial Production M/M Mar
        Forecast: 1.70% Previous: 1.10%
    12:15 CAD Housing Starts Apr
        Forecast: 234K Previous: 214K
    12:30 CAD Manufacturing Sales M/M Mar
        Forecast: -1.90% Previous: 0.20%
    12:30 CAD Wholesale Sales M/M Mar
        Forecast: -0.30% Previous: 0.30%
    12:30 USD Initial Jobless Claims (May 9)
        Forecast: 230K Previous: 228K
    12:30 USD Retail Sales M/M Apr
        Forecast: 0.10% Previous: 1.50%
    12:30 USD Retail Sales ex Autos M/M Apr
        Forecast: 0.30% Previous: 0.50%
    12:30 USD PPI M/M Apr
        Forecast: 0.20% Previous: -0.40%
    12:30 USD PPI Y/Y Apr
        Forecast: Previous: 2.70%
    12:30 USD PPI Core M/M Apr
        Forecast: 0.30% Previous: -0.10%
    12:30 USD PPI Core Y/Y Apr
        Forecast: Previous: 3.30%
    12:30 USD Empire State Manufacturing May
        Forecast: -7.1 Previous: -8.1
    12:30 USD Philadelphia Fed Survey May
        Forecast: -8.5 Previous: -26.4
    13:15 USD Industrial Production M/M Apr
        Forecast: 0.10% Previous: -0.30%
    13:15 USD Capacity Utilization Apr
        Forecast: 77.80% Previous: 77.80%
    14:00 USD Business Inventories Mar
        Forecast: 0.20% Previous: 0.20%
    14:00 USD NAHB Housing Market Index May
        Forecast: 41 Previous: 40
    14:30 USD Natural Gas Storage
        Forecast: Previous: 104B
    22:30 NZD Business NZ PMI Apr
        Forecast: Previous: 53.2
    23:50 JPY GDP Q/Q Q1 P
        Forecast: -0.10% Previous: 0.70%
    23:50 JPY GDP Deflator Y/Y Q1 P
        Forecast: 3.20% Previous: 2.90%

    Friday, May 16, 2025

    GMT Ccy Events Consensus Previous
    03:00 NZD RBNZ Inflation Expectations Q2 2.06%
    04:30 JPY Industrial Production M/M Mar -1.10% -1.10%
    09:00 EUR Eurozone Trade Balance (EUR) Mar 17.5B 21.0B
    12:30 USD Housing Starts Apr 1.37M 1.32M
    12:30 USD Building Permits Apr 1.45M 1.48M
    12:30 USD Import Price Index M/M Apr -0.40% -0.10%
    14:00 USD UoM Consumer Sentiment May P 53 52.2
    14:00 USD UoM Inflation Expectations May P 6.50%
    GMT Ccy Events
    03:00 NZD RBNZ Inflation Expectations Q2
        Forecast: Previous: 2.06%
    04:30 JPY Industrial Production M/M Mar
        Forecast: -1.10% Previous: -1.10%
    09:00 EUR Eurozone Trade Balance (EUR) Mar
        Forecast: 17.5B Previous: 21.0B
    12:30 USD Housing Starts Apr
        Forecast: 1.37M Previous: 1.32M
    12:30 USD Building Permits Apr
        Forecast: 1.45M Previous: 1.48M
    12:30 USD Import Price Index M/M Apr
        Forecast: -0.40% Previous: -0.10%
    14:00 USD UoM Consumer Sentiment May P
        Forecast: 53 Previous: 52.2
    14:00 USD UoM Inflation Expectations May P
        Forecast: Previous: 6.50%
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