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    Economic Calendar

    Summary 7/21 – 7/25

    Monday, Jul 21, 2025

    GMT Ccy Events Consensus Previous
    22:45 NZD CPI Q/Q Q2 0.60% 0.90%
    22:45 NZD CPI Y/Y Q2 2.80% 2.50%
    01:00 CNY PBoC 1-Y Loan Prime Rate 3.00% 3.00%
    01:00 CNY PBoC 5-Y Loan Prime Rate 3.50% 3.50%
    12:30 CAD Industrial Product Price M/M Jun 0.30% -0.50%
    12:30 CAD Raw Material Price Index M/M Jun -0.20% -0.40%
    14:30 CAD BoC Business Outlook Survey
    22:45 NZD Trade Balance (NZD) Jun 1020M 1235M
    GMT Ccy Events
    22:45 NZD CPI Q/Q Q2
        Forecast: 0.60% Previous: 0.90%
    22:45 NZD CPI Y/Y Q2
        Forecast: 2.80% Previous: 2.50%
    01:00 CNY PBoC 1-Y Loan Prime Rate
        Forecast: 3.00% Previous: 3.00%
    01:00 CNY PBoC 5-Y Loan Prime Rate
        Forecast: 3.50% Previous: 3.50%
    12:30 CAD Industrial Product Price M/M Jun
        Forecast: 0.30% Previous: -0.50%
    12:30 CAD Raw Material Price Index M/M Jun
        Forecast: -0.20% Previous: -0.40%
    14:30 CAD BoC Business Outlook Survey
        Forecast: Previous:
    22:45 NZD Trade Balance (NZD) Jun
        Forecast: 1020M Previous: 1235M

    Tuesday, Jul 22, 2025

    GMT Ccy Events Consensus Previous
    01:30 AUD RBA Meeting Minutes
    06:00 GBP Public Sector Net Borrowing (GBP) Jun 17.6B 17.7B
    GMT Ccy Events
    01:30 AUD RBA Meeting Minutes
        Forecast: Previous:
    06:00 GBP Public Sector Net Borrowing (GBP) Jun
        Forecast: 17.6B Previous: 17.7B

    Wednesday, Jul 23, 2025

    GMT Ccy Events Consensus Previous
    01:00 AUD Westpac Leading Index M/M Jun -0.10%
    12:30 CAD New Housing Price Index M/M Jun 0.00% -0.20%
    14:00 USD Existing Home Sales Jun 4.02M 4.03M
    14:00 EUR Eurozone Consumer Confidence Jul P -14.5 -15.3
    14:30 USD Crude Oil Inventories -3.9M
    23:00 AUD Manufacturing PMI Jul P 50.6
    23:00 AUD Services PMI Jul P 51.8
    GMT Ccy Events
    01:00 AUD Westpac Leading Index M/M Jun
        Forecast: Previous: -0.10%
    12:30 CAD New Housing Price Index M/M Jun
        Forecast: 0.00% Previous: -0.20%
    14:00 USD Existing Home Sales Jun
        Forecast: 4.02M Previous: 4.03M
    14:00 EUR Eurozone Consumer Confidence Jul P
        Forecast: -14.5 Previous: -15.3
    14:30 USD Crude Oil Inventories
        Forecast: Previous: -3.9M
    23:00 AUD Manufacturing PMI Jul P
        Forecast: Previous: 50.6
    23:00 AUD Services PMI Jul P
        Forecast: Previous: 51.8

    Thursday, Jul 24, 2025

    GMT Ccy Events Consensus Previous
    00:30 JPY Manufacturing PMI Jul P 50.2 50.1
    00:30 JPY Services PMI Jul P 51.7
    06:00 EUR Germany GfK Consumer Confidence Aug -19 -20.3
    07:15 EUR France Manufacturing PMI Jul P 48.7 48.1
    07:15 EUR France Services PMI Jul P 49.7 49.6
    07:30 EUR Germany Manufacturing PMI Jul P 49.4 49
    07:30 EUR Germany Services PMI Jul P 50.2 49.7
    08:00 EUR Eurozone Manufacturing PMI Jul P 49.9 49.5
    08:00 EUR Eurozone Services PMI Jul P 50.9 50.5
    08:30 GBP Manufacturing PMI Jul P 48.1 47.7
    08:30 GBP Services PMI Jul P 53 52.8
    12:15 EUR ECB Deposit Rate 2.00% 2.00%
    12:15 EUR ECB Main Refinancing Rate 2.15% 2.15%
    12:15 EUR ECB Monetary Policy Statement
    12:30 CAD Retail Sales M/M May -0.90% 0.30%
    12:30 CAD Retail Sales ex Autos M/M May -0.20% -0.30%
    12:30 USD Initial Jobless Claims (Jul 18) 230K 221K
    13:45 USD Manufacturing PMI Jul P 52.4 52
    13:45 USD Services PMI Jul P 52.9 52.9
    14:00 USD New Home SalesJun 651K 623K
    14:30 USD Natural Gas Storage 46B
    23:01 GBP GfK Consumer Confidence Jul -20 -18
    23:30 JPY Tokyo CPI Y/Y Jul 3.10%
    23:30 JPY Tokyo CPI Core Y/Y Jul 3.00% 3.10%
    23:30 JPY Tokyo CPI Core-Core Y/Y Jul 3.10%
    23:50 JPY Corporate Service Price Index Y/Y Jun 3.20% 3.30%
    GMT Ccy Events
    00:30 JPY Manufacturing PMI Jul P
        Forecast: 50.2 Previous: 50.1
    00:30 JPY Services PMI Jul P
        Forecast: Previous: 51.7
    06:00 EUR Germany GfK Consumer Confidence Aug
        Forecast: -19 Previous: -20.3
    07:15 EUR France Manufacturing PMI Jul P
        Forecast: 48.7 Previous: 48.1
    07:15 EUR France Services PMI Jul P
        Forecast: 49.7 Previous: 49.6
    07:30 EUR Germany Manufacturing PMI Jul P
        Forecast: 49.4 Previous: 49
    07:30 EUR Germany Services PMI Jul P
        Forecast: 50.2 Previous: 49.7
    08:00 EUR Eurozone Manufacturing PMI Jul P
        Forecast: 49.9 Previous: 49.5
    08:00 EUR Eurozone Services PMI Jul P
        Forecast: 50.9 Previous: 50.5
    08:30 GBP Manufacturing PMI Jul P
        Forecast: 48.1 Previous: 47.7
    08:30 GBP Services PMI Jul P
        Forecast: 53 Previous: 52.8
    12:15 EUR ECB Deposit Rate
        Forecast: 2.00% Previous: 2.00%
    12:15 EUR ECB Main Refinancing Rate
        Forecast: 2.15% Previous: 2.15%
    12:15 EUR ECB Monetary Policy Statement
        Forecast: Previous:
    12:30 CAD Retail Sales M/M May
        Forecast: -0.90% Previous: 0.30%
    12:30 CAD Retail Sales ex Autos M/M May
        Forecast: -0.20% Previous: -0.30%
    12:30 USD Initial Jobless Claims (Jul 18)
        Forecast: 230K Previous: 221K
    13:45 USD Manufacturing PMI Jul P
        Forecast: 52.4 Previous: 52
    13:45 USD Services PMI Jul P
        Forecast: 52.9 Previous: 52.9
    14:00 USD New Home SalesJun
        Forecast: 651K Previous: 623K
    14:30 USD Natural Gas Storage
        Forecast: Previous: 46B
    23:01 GBP GfK Consumer Confidence Jul
        Forecast: -20 Previous: -18
    23:30 JPY Tokyo CPI Y/Y Jul
        Forecast: Previous: 3.10%
    23:30 JPY Tokyo CPI Core Y/Y Jul
        Forecast: 3.00% Previous: 3.10%
    23:30 JPY Tokyo CPI Core-Core Y/Y Jul
        Forecast: Previous: 3.10%
    23:50 JPY Corporate Service Price Index Y/Y Jun
        Forecast: 3.20% Previous: 3.30%

    Friday, Jul 25, 2025

    GMT Ccy Events Consensus Previous
    06:00 GBP Retail Sales M/M Jun 1.20% -2.70%
    08:00 EUR Germany IFO Business Climate Jul 89.2 88.4
    08:00 EUR Germany IFO Current Assessment Jul 86.2
    08:00 EUR Germany IFO Expectations Jul 90.7
    08:00 EUR Eurozone M3 Money Supply Y/Y Jun 3.70% 3.90%
    12:30 USD Durable Goods Orders Jun -11.00% 16.40%
    12:30 USD Durable Goods Orders ex Transportation Jun 0.10% 0.50%
    GMT Ccy Events
    06:00 GBP Retail Sales M/M Jun
        Forecast: 1.20% Previous: -2.70%
    08:00 EUR Germany IFO Business Climate Jul
        Forecast: 89.2 Previous: 88.4
    08:00 EUR Germany IFO Current Assessment Jul
        Forecast: Previous: 86.2
    08:00 EUR Germany IFO Expectations Jul
        Forecast: Previous: 90.7
    08:00 EUR Eurozone M3 Money Supply Y/Y Jun
        Forecast: 3.70% Previous: 3.90%
    12:30 USD Durable Goods Orders Jun
        Forecast: -11.00% Previous: 16.40%
    12:30 USD Durable Goods Orders ex Transportation Jun
        Forecast: 0.10% Previous: 0.50%

    Eco Data 7/18/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:30 JPY National CPI Y/Y Jun 3.30% 3.50%
    23:30 JPY National CPI Core Y/Y Jun 3.30% 3.30% 3.70%
    23:30 JPY National CPI Core-Core Y/Y Jun 3.40% 3.30%
    06:00 EUR Germany PPI M/M Jun 0.10% 0.10% -0.20%
    06:00 EUR Germany PPI Y/Y Jun -1.30% -1.30% -1.20%
    08:00 EUR Eurozone Current Account (EUR) May 32.3B 34.8B 19.8B 18.6B
    12:30 USD Housing Starts Jun 1.32M 1.29M 1.26M
    12:30 USD Building Permits Jun 1.40M 1.39M 1.39M
    14:00 USD Michigan Consumer Sentiment Jul P 61.8 61.5 60.7
    14:00 USD UoM 1-year Inflation Expectations Jul P 4.40% 5.00%
    GMT Ccy Events
    23:30 JPY National CPI Y/Y Jun
        Actual: 3.30% Forecast:
        Previous: 3.50% Revised:
    23:30 JPY National CPI Core Y/Y Jun
        Actual: 3.30% Forecast: 3.30%
        Previous: 3.70% Revised:
    23:30 JPY National CPI Core-Core Y/Y Jun
        Actual: 3.40% Forecast:
        Previous: 3.30% Revised:
    06:00 EUR Germany PPI M/M Jun
        Actual: 0.10% Forecast: 0.10%
        Previous: -0.20% Revised:
    06:00 EUR Germany PPI Y/Y Jun
        Actual: -1.30% Forecast: -1.30%
        Previous: -1.20% Revised:
    08:00 EUR Eurozone Current Account (EUR) May
        Actual: 32.3B Forecast: 34.8B
        Previous: 19.8B Revised: 18.6B
    12:30 USD Housing Starts Jun
        Actual: 1.32M Forecast: 1.29M
        Previous: 1.26M Revised:
    12:30 USD Building Permits Jun
        Actual: 1.40M Forecast: 1.39M
        Previous: 1.39M Revised:
    14:00 USD Michigan Consumer Sentiment Jul P
        Actual: 61.8 Forecast: 61.5
        Previous: 60.7 Revised:
    14:00 USD UoM 1-year Inflation Expectations Jul P
        Actual: 4.40% Forecast:
        Previous: 5.00% Revised:

    Eco Data 7/17/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY Trade Balance (JPY) Jun -0.24T -0.26T -0.31T -0.29T
    01:00 AUD Consumer Inflation Expectations Jul 4.70% 5%
    01:30 AUD Employment Change Jun 2.0K 21.0K -2.5K -1.1K
    01:30 AUD Unemployment Rate Jun 4.30% 4.10% 4.10%
    06:00 CHF Trade Balance (CHF) Jun 5.79B 4.22B 3.83B 4.01B
    06:00 GBP Claimant Count Change Jun 25.9K 17.9K 33.1K 15.3K
    06:00 GBP ILO Unemployment Rate (3M) May 4.70% 4.60% 4.60%
    06:00 GBP Average Earnings Including Bonus 3M/Y May 5.00% 5.00% 5.30% 5.40%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y May 5.00% 4.90% 5.20%
    09:00 EUR Eurozone CPI Y/Y Jun F 2.00% 2.00% 2.00%
    09:00 EUR Eurozone CPI Core Y/Y Jun F 2.30% 2.30% 2.30%
    12:30 USD Initial Jobless Claims (Jul 11) 221K 234K 227K 228K
    12:30 USD Retail Sales M/M Jun 0.60% 0.20% -0.90%
    12:30 USD Retail Sales ex Autos M/M Jun 0.50% 0.30% -0.30% -0.20%
    12:30 USD Import Price Index M/M Jun 0.10% 0.20% 0.00% -0.40%
    12:30 USD Philadelphia Fed Survey Jul 15.9 0.4 -4
    14:00 USD Business Inventories May 0.00% 0.20% 0.00%
    14:00 USD NAHB Housing Market Index Jul 33 33 32
    14:30 USD Natural Gas Storage 46B 44B 53B
    GMT Ccy Events
    23:50 JPY Trade Balance (JPY) Jun
        Actual: -0.24T Forecast: -0.26T
        Previous: -0.31T Revised: -0.29T
    01:00 AUD Consumer Inflation Expectations Jul
        Actual: 4.70% Forecast:
        Previous: 5% Revised:
    01:30 AUD Employment Change Jun
        Actual: 2.0K Forecast: 21.0K
        Previous: -2.5K Revised: -1.1K
    01:30 AUD Unemployment Rate Jun
        Actual: 4.30% Forecast: 4.10%
        Previous: 4.10% Revised:
    06:00 CHF Trade Balance (CHF) Jun
        Actual: 5.79B Forecast: 4.22B
        Previous: 3.83B Revised: 4.01B
    06:00 GBP Claimant Count Change Jun
        Actual: 25.9K Forecast: 17.9K
        Previous: 33.1K Revised: 15.3K
    06:00 GBP ILO Unemployment Rate (3M) May
        Actual: 4.70% Forecast: 4.60%
        Previous: 4.60% Revised:
    06:00 GBP Average Earnings Including Bonus 3M/Y May
        Actual: 5.00% Forecast: 5.00%
        Previous: 5.30% Revised: 5.40%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y May
        Actual: 5.00% Forecast: 4.90%
        Previous: 5.20% Revised:
    09:00 EUR Eurozone CPI Y/Y Jun F
        Actual: 2.00% Forecast: 2.00%
        Previous: 2.00% Revised:
    09:00 EUR Eurozone CPI Core Y/Y Jun F
        Actual: 2.30% Forecast: 2.30%
        Previous: 2.30% Revised:
    12:30 USD Initial Jobless Claims (Jul 11)
        Actual: 221K Forecast: 234K
        Previous: 227K Revised: 228K
    12:30 USD Retail Sales M/M Jun
        Actual: 0.60% Forecast: 0.20%
        Previous: -0.90% Revised:
    12:30 USD Retail Sales ex Autos M/M Jun
        Actual: 0.50% Forecast: 0.30%
        Previous: -0.30% Revised: -0.20%
    12:30 USD Import Price Index M/M Jun
        Actual: 0.10% Forecast: 0.20%
        Previous: 0.00% Revised: -0.40%
    12:30 USD Philadelphia Fed Survey Jul
        Actual: 15.9 Forecast: 0.4
        Previous: -4 Revised:
    14:00 USD Business Inventories May
        Actual: 0.00% Forecast: 0.20%
        Previous: 0.00% Revised:
    14:00 USD NAHB Housing Market Index Jul
        Actual: 33 Forecast: 33
        Previous: 32 Revised:
    14:30 USD Natural Gas Storage
        Actual: 46B Forecast: 44B
        Previous: 53B Revised:

    Eco Data 7/16/25

    GMT Ccy Events Actual Consensus Previous Revised
    06:00 GBP CPI M/M Jun 0.30% 0.20% 0.20%
    06:00 GBP CPI Y/Y Jun 3.60% 3.40% 3.40%
    06:00 GBP Core CPI Y/Y Jun 3.70% 3.50% 3.50%
    06:00 GBP RPI M/M Jun 0.40% 0.30% 0.20%
    06:00 GBP RPI Y/Y Jun 4.40% 4.30% 4.30%
    09:00 EUR Eurozone Trade Balance (EUR) May 16.2B 12.0B 14.0B 15.1B
    12:30 USD PPI M/M Jun 0% 0.30% 0.10% 0.30%
    12:30 USD PPI Y/Y Jun 2.30% 2.50% 2.60%
    12:30 USD PPI Core M/M Jun 0% 0.20% 0.10%
    12:30 USD PPI Core Y/Y Jun 2.60% 2.70% 3%
    13:15 USD Industrial Production M/M Jun 0.30% 0.00% -0.20% 0.00%
    13:15 USD Capacity Utilization Jun 77.60% 77.40% 77.40% 77.50%
    14:30 USD Crude Oil Inventories -3.9M -1.8M 7.1M
    18:00 USD Fed's Beige Book
    GMT Ccy Events
    06:00 GBP CPI M/M Jun
        Actual: 0.30% Forecast: 0.20%
        Previous: 0.20% Revised:
    06:00 GBP CPI Y/Y Jun
        Actual: 3.60% Forecast: 3.40%
        Previous: 3.40% Revised:
    06:00 GBP Core CPI Y/Y Jun
        Actual: 3.70% Forecast: 3.50%
        Previous: 3.50% Revised:
    06:00 GBP RPI M/M Jun
        Actual: 0.40% Forecast: 0.30%
        Previous: 0.20% Revised:
    06:00 GBP RPI Y/Y Jun
        Actual: 4.40% Forecast: 4.30%
        Previous: 4.30% Revised:
    09:00 EUR Eurozone Trade Balance (EUR) May
        Actual: 16.2B Forecast: 12.0B
        Previous: 14.0B Revised: 15.1B
    12:30 USD PPI M/M Jun
        Actual: 0% Forecast: 0.30%
        Previous: 0.10% Revised: 0.30%
    12:30 USD PPI Y/Y Jun
        Actual: 2.30% Forecast: 2.50%
        Previous: 2.60% Revised:
    12:30 USD PPI Core M/M Jun
        Actual: 0% Forecast: 0.20%
        Previous: 0.10% Revised:
    12:30 USD PPI Core Y/Y Jun
        Actual: 2.60% Forecast: 2.70%
        Previous: 3% Revised:
    13:15 USD Industrial Production M/M Jun
        Actual: 0.30% Forecast: 0.00%
        Previous: -0.20% Revised: 0.00%
    13:15 USD Capacity Utilization Jun
        Actual: 77.60% Forecast: 77.40%
        Previous: 77.40% Revised: 77.50%
    14:30 USD Crude Oil Inventories
        Actual: -3.9M Forecast: -1.8M
        Previous: 7.1M Revised:
    18:00 USD Fed's Beige Book
        Actual: Forecast:
        Previous: Revised:

    Eco Data 7/15/25

    GMT Ccy Events Actual Consensus Previous Revised
    00:30 AUD Westpac Consumer Confidence Jul 0.60% 0.50%
    02:00 CNY GDP Y/Y Q2 5.20% 5.10% 5.40%
    02:00 CNY Industrial Production Y/Y Jun 6.80% 5.60% 5.80%
    02:00 CNY Retail Sales Y/Y Jun 4.80% 5.20% 6.40%
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Jun 2.80% 3.70% 3.70%
    09:00 EUR Eurozone Industrial Production M/M May 1.70% 1.10% -2.40% -2.20%
    09:00 EUR Germany ZEW Economic Sentiment Jul 52.7 50.2 47.5
    09:00 EUR Germany ZEW Current Situation Jul -59.5 -66 -72
    09:00 EUR Eurozone ZEW Economic Sentiment Jul 36.1 37.8 35.3
    12:30 CAD Manufacturing Sales M/M May -0.90% -1.30% -2.80% -2.70%
    12:30 CAD CPI M/M Jun 0.10% 0.20% 0.60%
    12:30 CAD CPI Y/Y Jun 1.90% 1.90% 1.70%
    12:30 CAD CPI Median YY/Y Jun 3.00% 3.00% 3.00%
    12:30 CAD CPI Trimmed Y/Y Jun 3.00% 3.00% 3.00%
    12:30 CAD CPI Common Y/Y Jun 2.60% 2.70% 2.60%
    12:30 USD Empire State Manufacturing Index Jul 5.5 -10.1 -16
    12:30 USD CPI M/M Jun 0.30% 0.30% 0.10%
    12:30 USD CPI Y/Y Jun 2.70% 2.70% 2.40%
    12:30 USD CPI Core M/M Jun 0.20% 0.30% 0.10%
    12:30 USD CPI Core Y/Y Jun 2.90% 3.00% 2.80%
    GMT Ccy Events
    00:30 AUD Westpac Consumer Confidence Jul
        Actual: 0.60% Forecast:
        Previous: 0.50% Revised:
    02:00 CNY GDP Y/Y Q2
        Actual: 5.20% Forecast: 5.10%
        Previous: 5.40% Revised:
    02:00 CNY Industrial Production Y/Y Jun
        Actual: 6.80% Forecast: 5.60%
        Previous: 5.80% Revised:
    02:00 CNY Retail Sales Y/Y Jun
        Actual: 4.80% Forecast: 5.20%
        Previous: 6.40% Revised:
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Jun
        Actual: 2.80% Forecast: 3.70%
        Previous: 3.70% Revised:
    09:00 EUR Eurozone Industrial Production M/M May
        Actual: 1.70% Forecast: 1.10%
        Previous: -2.40% Revised: -2.20%
    09:00 EUR Germany ZEW Economic Sentiment Jul
        Actual: 52.7 Forecast: 50.2
        Previous: 47.5 Revised:
    09:00 EUR Germany ZEW Current Situation Jul
        Actual: -59.5 Forecast: -66
        Previous: -72 Revised:
    09:00 EUR Eurozone ZEW Economic Sentiment Jul
        Actual: 36.1 Forecast: 37.8
        Previous: 35.3 Revised:
    12:30 CAD Manufacturing Sales M/M May
        Actual: -0.90% Forecast: -1.30%
        Previous: -2.80% Revised: -2.70%
    12:30 CAD CPI M/M Jun
        Actual: 0.10% Forecast: 0.20%
        Previous: 0.60% Revised:
    12:30 CAD CPI Y/Y Jun
        Actual: 1.90% Forecast: 1.90%
        Previous: 1.70% Revised:
    12:30 CAD CPI Median YY/Y Jun
        Actual: 3.00% Forecast: 3.00%
        Previous: 3.00% Revised:
    12:30 CAD CPI Trimmed Y/Y Jun
        Actual: 3.00% Forecast: 3.00%
        Previous: 3.00% Revised:
    12:30 CAD CPI Common Y/Y Jun
        Actual: 2.60% Forecast: 2.70%
        Previous: 2.60% Revised:
    12:30 USD Empire State Manufacturing Index Jul
        Actual: 5.5 Forecast: -10.1
        Previous: -16 Revised:
    12:30 USD CPI M/M Jun
        Actual: 0.30% Forecast: 0.30%
        Previous: 0.10% Revised:
    12:30 USD CPI Y/Y Jun
        Actual: 2.70% Forecast: 2.70%
        Previous: 2.40% Revised:
    12:30 USD CPI Core M/M Jun
        Actual: 0.20% Forecast: 0.30%
        Previous: 0.10% Revised:
    12:30 USD CPI Core Y/Y Jun
        Actual: 2.90% Forecast: 3.00%
        Previous: 2.80% Revised:

    Eco Data 7/14/25

    GMT Ccy Events Actual Consensus Previous Revised
    22:30 NZD Business NZ PSI Jun 47.3 44
    23:50 JPY Machinery Orders M/M May -0.60% -1.40% -9.10%
    03:00 CNY Trade Balance (USD) Jun 114.8B 113.2B 103.2B
    04:30 JPY Tertiary Industry Index M/M May -0.10% 0.10% 0.30%
    04:30 JPY Industrial Production M/M May F 0.60% 0.50% 0.50%
    06:30 CHF PPI M/M Jun -0.10% 0.20% -0.50%
    06:30 CHF PPI Y/Y Jun -0.70% -0.70%
    12:30 CAD Wholesale Sales M/M May 0.10% -0.40% -2.30%
    GMT Ccy Events
    22:30 NZD Business NZ PSI Jun
        Actual: 47.3 Forecast:
        Previous: 44 Revised:
    23:50 JPY Machinery Orders M/M May
        Actual: -0.60% Forecast: -1.40%
        Previous: -9.10% Revised:
    03:00 CNY Trade Balance (USD) Jun
        Actual: 114.8B Forecast: 113.2B
        Previous: 103.2B Revised:
    04:30 JPY Tertiary Industry Index M/M May
        Actual: -0.10% Forecast: 0.10%
        Previous: 0.30% Revised:
    04:30 JPY Industrial Production M/M May F
        Actual: 0.60% Forecast: 0.50%
        Previous: 0.50% Revised:
    06:30 CHF PPI M/M Jun
        Actual: -0.10% Forecast: 0.20%
        Previous: -0.50% Revised:
    06:30 CHF PPI Y/Y Jun
        Actual: -0.70% Forecast:
        Previous: -0.70% Revised:
    12:30 CAD Wholesale Sales M/M May
        Actual: 0.10% Forecast: -0.40%
        Previous: -2.30% Revised:

    Summary 7/14 – 7/18

    Monday, Jul 14, 2025

    GMT Ccy Events Consensus Previous
    22:30 NZD Business NZ PSI Jun 44
    23:50 JPY Machinery Orders M/M May -1.40% -9.10%
    03:00 CNY Trade Balance (USD) Jun 113.2B 103.2B
    04:30 JPY Tertiary Industry Index M/M May 0.10% 0.30%
    04:30 JPY Industrial Production M/M May F 0.50% 0.50%
    06:30 CHF PPI M/M Jun 0.20% -0.50%
    06:30 CHF PPI Y/Y Jun -0.70%
    12:30 CAD Wholesale Sales M/M May -0.40% -2.30%
    GMT Ccy Events
    22:30 NZD Business NZ PSI Jun
        Forecast: Previous: 44
    23:50 JPY Machinery Orders M/M May
        Forecast: -1.40% Previous: -9.10%
    03:00 CNY Trade Balance (USD) Jun
        Forecast: 113.2B Previous: 103.2B
    04:30 JPY Tertiary Industry Index M/M May
        Forecast: 0.10% Previous: 0.30%
    04:30 JPY Industrial Production M/M May F
        Forecast: 0.50% Previous: 0.50%
    06:30 CHF PPI M/M Jun
        Forecast: 0.20% Previous: -0.50%
    06:30 CHF PPI Y/Y Jun
        Forecast: Previous: -0.70%
    12:30 CAD Wholesale Sales M/M May
        Forecast: -0.40% Previous: -2.30%

    Tuesday, Jul 15, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD Westpac Consumer Confidence Jul 0.50%
    02:00 CNY GDP Y/Y Q2 5.10% 5.40%
    02:00 CNY Industrial Production Y/Y Jun 5.60% 5.80%
    02:00 CNY Retail Sales Y/Y Jun 5.20% 6.40%
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Jun 3.70% 3.70%
    09:00 EUR Eurozone Industrial Production M/M May 0.60% -2.40%
    09:00 EUR Germany ZEW Economic Sentiment Jul 50.2 47.5
    09:00 EUR Germany ZEW Current Situation Jul -66 -72
    09:00 EUR Eurozone ZEW Economic Sentiment Jul 37.8 35.3
    12:30 CAD Manufacturing Sales M/M May -1.30% -2.80%
    12:30 CAD CPI M/M Jun 0.20% 0.60%
    12:30 CAD CPI Y/Y Jun 1.70%
    12:30 CAD CPI Median YY/Y Jun 3.00% 3.00%
    12:30 CAD CPI Trimmed Y/Y Jun 3.00% 3.00%
    12:30 CAD CPI Common Y/Y Jun 2.70% 2.60%
    12:30 USD Empire State Manufacturing Index Jul -10.1 -16
    12:30 USD CPI M/M Jun 0.30% 0.10%
    12:30 USD CPI Y/Y Jun 2.60% 2.40%
    12:30 USD CPI Core M/M Jun 0.30% 0.10%
    12:30 USD CPI Core Y/Y Jun 2.80%
    GMT Ccy Events
    00:30 AUD Westpac Consumer Confidence Jul
        Forecast: Previous: 0.50%
    02:00 CNY GDP Y/Y Q2
        Forecast: 5.10% Previous: 5.40%
    02:00 CNY Industrial Production Y/Y Jun
        Forecast: 5.60% Previous: 5.80%
    02:00 CNY Retail Sales Y/Y Jun
        Forecast: 5.20% Previous: 6.40%
    02:00 CNY Fixed Asset Investment (YTD) Y/Y Jun
        Forecast: 3.70% Previous: 3.70%
    09:00 EUR Eurozone Industrial Production M/M May
        Forecast: 0.60% Previous: -2.40%
    09:00 EUR Germany ZEW Economic Sentiment Jul
        Forecast: 50.2 Previous: 47.5
    09:00 EUR Germany ZEW Current Situation Jul
        Forecast: -66 Previous: -72
    09:00 EUR Eurozone ZEW Economic Sentiment Jul
        Forecast: 37.8 Previous: 35.3
    12:30 CAD Manufacturing Sales M/M May
        Forecast: -1.30% Previous: -2.80%
    12:30 CAD CPI M/M Jun
        Forecast: 0.20% Previous: 0.60%
    12:30 CAD CPI Y/Y Jun
        Forecast: Previous: 1.70%
    12:30 CAD CPI Median YY/Y Jun
        Forecast: 3.00% Previous: 3.00%
    12:30 CAD CPI Trimmed Y/Y Jun
        Forecast: 3.00% Previous: 3.00%
    12:30 CAD CPI Common Y/Y Jun
        Forecast: 2.70% Previous: 2.60%
    12:30 USD Empire State Manufacturing Index Jul
        Forecast: -10.1 Previous: -16
    12:30 USD CPI M/M Jun
        Forecast: 0.30% Previous: 0.10%
    12:30 USD CPI Y/Y Jun
        Forecast: 2.60% Previous: 2.40%
    12:30 USD CPI Core M/M Jun
        Forecast: 0.30% Previous: 0.10%
    12:30 USD CPI Core Y/Y Jun
        Forecast: Previous: 2.80%

    Wednesday, Jul 16, 2025

    GMT Ccy Events Consensus Previous
    06:00 GBP CPI M/M Jun 0.20%
    06:00 GBP CPI Y/Y Jun 3.40% 3.40%
    06:00 GBP Core CPI Y/Y Jun 3.50% 3.50%
    06:00 GBP RPI M/M Jun 0.20%
    06:00 GBP RPI Y/Y Jun 4.30% 4.30%
    09:00 EUR Eurozone Trade Balance (EUR) May 12.0B 14.0B
    12:30 USD PPI M/M Jun 0.30% 0.10%
    12:30 USD PPI Y/Y Jun 2.60%
    12:30 USD PPI Core M/M Jun 0.20% 0.10%
    12:30 USD PPI Core Y/Y Jun 3%
    13:15 USD Industrial Production M/M Jun 0.00% -0.20%
    13:15 USD Capacity Utilization Jun 77.40% 77.40%
    14:30 USD Crude Oil Inventories 7.1M
    18:00 USD Fed's Beige Book
    23:50 JPY Trade Balance (JPY) Jun -0.26T -0.31T
    GMT Ccy Events
    06:00 GBP CPI M/M Jun
        Forecast: Previous: 0.20%
    06:00 GBP CPI Y/Y Jun
        Forecast: 3.40% Previous: 3.40%
    06:00 GBP Core CPI Y/Y Jun
        Forecast: 3.50% Previous: 3.50%
    06:00 GBP RPI M/M Jun
        Forecast: Previous: 0.20%
    06:00 GBP RPI Y/Y Jun
        Forecast: 4.30% Previous: 4.30%
    09:00 EUR Eurozone Trade Balance (EUR) May
        Forecast: 12.0B Previous: 14.0B
    12:30 USD PPI M/M Jun
        Forecast: 0.30% Previous: 0.10%
    12:30 USD PPI Y/Y Jun
        Forecast: Previous: 2.60%
    12:30 USD PPI Core M/M Jun
        Forecast: 0.20% Previous: 0.10%
    12:30 USD PPI Core Y/Y Jun
        Forecast: Previous: 3%
    13:15 USD Industrial Production M/M Jun
        Forecast: 0.00% Previous: -0.20%
    13:15 USD Capacity Utilization Jun
        Forecast: 77.40% Previous: 77.40%
    14:30 USD Crude Oil Inventories
        Forecast: Previous: 7.1M
    18:00 USD Fed's Beige Book
        Forecast: Previous:
    23:50 JPY Trade Balance (JPY) Jun
        Forecast: -0.26T Previous: -0.31T

    Thursday, Jul 17, 2025

    GMT Ccy Events Consensus Previous
    01:00 AUD Consumer Inflation Expectations Jul 5%
    01:30 AUD NAB Business Confidence Q2 -4
    01:30 AUD Employment Change Jun 21.0K -2.5K
    01:30 AUD Unemployment Rate Jun 4.10% 4.10%
    06:00 CHF Trade Balance (CHF) Jun 4.22B 3.83B
    06:00 GBP Claimant Count Change Jun 17.9K 33.1K
    06:00 GBP ILO Unemployment Rate (3M) May 4.60% 4.60%
    06:00 GBP Average Earnings Including Bonus 3M/Y May 5.00% 5.30%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y May 5.20%
    09:00 EUR Eurozone CPI Y/Y Jun F 2.00% 2.00%
    09:00 EUR Eurozone CPI Core Y/Y Jun F 2.30% 2.30%
    12:30 USD Initial Jobless Claims (Jul 11) 234K 227K
    12:30 USD Retail Sales M/M Jun 0.20% -0.90%
    12:30 USD Retail Sales ex Autos M/M Jun 0.30% -0.30%
    12:30 USD Initial Jobless Claims 4-week average (Jul 11) 235.5K
    12:30 USD Import Price Index M/M Jun 0.20% 0.00%
    12:30 USD Philadelphia Fed Survey Jul 0.4 -4
    14:00 USD Business Inventories May 0.20% 0.00%
    14:00 USD NAHB Housing Market Index Jul 33 32
    14:30 USD Natural Gas Storage 53B
    23:30 JPY National CPI Y/Y Jun 3.50%
    23:30 JPY National CPI Core Y/Y Jun 3.30% 3.70%
    23:30 JPY National CPI Core-Core Y/Y Jun 3.30%
    GMT Ccy Events
    01:00 AUD Consumer Inflation Expectations Jul
        Forecast: Previous: 5%
    01:30 AUD NAB Business Confidence Q2
        Forecast: Previous: -4
    01:30 AUD Employment Change Jun
        Forecast: 21.0K Previous: -2.5K
    01:30 AUD Unemployment Rate Jun
        Forecast: 4.10% Previous: 4.10%
    06:00 CHF Trade Balance (CHF) Jun
        Forecast: 4.22B Previous: 3.83B
    06:00 GBP Claimant Count Change Jun
        Forecast: 17.9K Previous: 33.1K
    06:00 GBP ILO Unemployment Rate (3M) May
        Forecast: 4.60% Previous: 4.60%
    06:00 GBP Average Earnings Including Bonus 3M/Y May
        Forecast: 5.00% Previous: 5.30%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y May
        Forecast: Previous: 5.20%
    09:00 EUR Eurozone CPI Y/Y Jun F
        Forecast: 2.00% Previous: 2.00%
    09:00 EUR Eurozone CPI Core Y/Y Jun F
        Forecast: 2.30% Previous: 2.30%
    12:30 USD Initial Jobless Claims (Jul 11)
        Forecast: 234K Previous: 227K
    12:30 USD Retail Sales M/M Jun
        Forecast: 0.20% Previous: -0.90%
    12:30 USD Retail Sales ex Autos M/M Jun
        Forecast: 0.30% Previous: -0.30%
    12:30 USD Initial Jobless Claims 4-week average (Jul 11)
        Forecast: Previous: 235.5K
    12:30 USD Import Price Index M/M Jun
        Forecast: 0.20% Previous: 0.00%
    12:30 USD Philadelphia Fed Survey Jul
        Forecast: 0.4 Previous: -4
    14:00 USD Business Inventories May
        Forecast: 0.20% Previous: 0.00%
    14:00 USD NAHB Housing Market Index Jul
        Forecast: 33 Previous: 32
    14:30 USD Natural Gas Storage
        Forecast: Previous: 53B
    23:30 JPY National CPI Y/Y Jun
        Forecast: Previous: 3.50%
    23:30 JPY National CPI Core Y/Y Jun
        Forecast: 3.30% Previous: 3.70%
    23:30 JPY National CPI Core-Core Y/Y Jun
        Forecast: Previous: 3.30%

    Friday, Jul 18, 2025

    GMT Ccy Events Consensus Previous
    06:00 EUR Germany PPI M/M Jun 0.10% -0.20%
    06:00 EUR Germany PPI Y/Y Jun -1.20%
    08:00 EUR Eurozone Current Account (EUR) May 19.8B
    12:30 USD Housing Starts Jun 1.29M 1.26M
    12:30 USD Building Permits Jun 1.39M 1.39M
    14:00 USD Michigan Consumer Sentiment Jul P 61.5 60.7
    14:00 USD UoM 1-year Inflation Expectations Jul P 5.0%
    GMT Ccy Events
    06:00 EUR Germany PPI M/M Jun
        Forecast: 0.10% Previous: -0.20%
    06:00 EUR Germany PPI Y/Y Jun
        Forecast: Previous: -1.20%
    08:00 EUR Eurozone Current Account (EUR) May
        Forecast: Previous: 19.8B
    12:30 USD Housing Starts Jun
        Forecast: 1.29M Previous: 1.26M
    12:30 USD Building Permits Jun
        Forecast: 1.39M Previous: 1.39M
    14:00 USD Michigan Consumer Sentiment Jul P
        Forecast: 61.5 Previous: 60.7
    14:00 USD UoM 1-year Inflation Expectations Jul P
        Forecast: Previous: 5.0%

    Eco Data 7/11/25

    GMT Ccy Events Actual Consensus Previous Revised
    22:30 NZD Business NZ PMI Jun 48.8 47.5 47.4
    06:00 GBP GDP M/M May -0.10% 0.10% -0.30%
    06:00 GBP Manufacturing Production M/M May -1% -0.10% -0.90% -0.70%
    06:00 GBP Manufacturing Production Y/Y May 0.30% 0.40% 0.40% 1.30%
    06:00 GBP Industrial Production M/M May -0.90% 0% -0.60%
    06:00 GBP Industrial Production Y/Y May -0.30% 0.10% -0.30% 0.30%
    06:00 GBP Goods Trade Balance (GBP) May -21.7B -21.1B -23.2B -22.4B
    12:30 CAD Net Change in Employment Jun 83.1K 0.9K 8.8K
    12:30 CAD Unemployment Rate Jun 6.90% 7.10% 7%
    12:30 CAD Building Permits M/M May 12.00% -1.50% -6.60%
    GMT Ccy Events
    22:30 NZD Business NZ PMI Jun
        Actual: 48.8 Forecast:
        Previous: 47.5 Revised: 47.4
    06:00 GBP GDP M/M May
        Actual: -0.10% Forecast: 0.10%
        Previous: -0.30% Revised:
    06:00 GBP Manufacturing Production M/M May
        Actual: -1% Forecast: -0.10%
        Previous: -0.90% Revised: -0.70%
    06:00 GBP Manufacturing Production Y/Y May
        Actual: 0.30% Forecast: 0.40%
        Previous: 0.40% Revised: 1.30%
    06:00 GBP Industrial Production M/M May
        Actual: -0.90% Forecast: 0%
        Previous: -0.60% Revised:
    06:00 GBP Industrial Production Y/Y May
        Actual: -0.30% Forecast: 0.10%
        Previous: -0.30% Revised: 0.30%
    06:00 GBP Goods Trade Balance (GBP) May
        Actual: -21.7B Forecast: -21.1B
        Previous: -23.2B Revised: -22.4B
    12:30 CAD Net Change in Employment Jun
        Actual: 83.1K Forecast: 0.9K
        Previous: 8.8K Revised:
    12:30 CAD Unemployment Rate Jun
        Actual: 6.90% Forecast: 7.10%
        Previous: 7% Revised:
    12:30 CAD Building Permits M/M May
        Actual: 12.00% Forecast: -1.50%
        Previous: -6.60% Revised:

    Eco Data 7/10/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY PPI Y/Y Jun 2.90% 2.90% 3.20% 3.30%
    12:30 USD Initial Jobless Claims (Jul 4) 227K 236K 233K 232K
    14:30 USD Natural Gas Storage 53B 56B 55B
    GMT Ccy Events
    23:50 JPY PPI Y/Y Jun
        Actual: 2.90% Forecast: 2.90%
        Previous: 3.20% Revised: 3.30%
    12:30 USD Initial Jobless Claims (Jul 4)
        Actual: 227K Forecast: 236K
        Previous: 233K Revised: 232K
    14:30 USD Natural Gas Storage
        Actual: 53B Forecast: 56B
        Previous: 55B Revised:

    Eco Data 7/9/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY Money Supply M2+CD Y/Y Jun 0.90% 0.20% 0.60%
    01:30 CNY CPI Y/Y Jun 0.10% -0.10% -0.10%
    01:30 CNY PPI Y/Y Jun -3.60% -3.20% -3.30%
    02:00 NZD RBNZ Interest Rate Decision 3.25% 3.25% 3.25%
    06:00 JPY Machine Tool Orders Y/Y Jun -0.50% 3.40% 3.40%
    14:00 USD Wholesale Inventories May F -0.30% -0.30% -0.30%
    14:30 USD Crude Oil Inventories 7.1M -1.7M 3.8M
    18:00 USD FOMC Minutes
    GMT Ccy Events
    23:50 JPY Money Supply M2+CD Y/Y Jun
        Actual: 0.90% Forecast: 0.20%
        Previous: 0.60% Revised:
    01:30 CNY CPI Y/Y Jun
        Actual: 0.10% Forecast: -0.10%
        Previous: -0.10% Revised:
    01:30 CNY PPI Y/Y Jun
        Actual: -3.60% Forecast: -3.20%
        Previous: -3.30% Revised:
    02:00 NZD RBNZ Interest Rate Decision
        Actual: 3.25% Forecast: 3.25%
        Previous: 3.25% Revised:
    06:00 JPY Machine Tool Orders Y/Y Jun
        Actual: -0.50% Forecast: 3.40%
        Previous: 3.40% Revised:
    14:00 USD Wholesale Inventories May F
        Actual: -0.30% Forecast: -0.30%
        Previous: -0.30% Revised:
    14:30 USD Crude Oil Inventories
        Actual: 7.1M Forecast: -1.7M
        Previous: 3.8M Revised:
    18:00 USD FOMC Minutes
        Actual: Forecast:
        Previous: Revised:
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