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    Economic Calendar

    Summary 4/7 – 4/11

    Monday, Apr 7, 2025
    GMT Ccy Events Consensus Previous
    23:30 JPY Labor Cash Earnings Y/Y Feb 3.10% 2.80%
    05:00 JPY Leading Economic Index Feb P 107.8 108.3
    06:00 EUR Germany Industrial Production M/M Feb -0.90% 2.00%
    06:00 EUR Germany Trade Balance (EUR) Feb 17.8B 16.0B
    07:00 CHF Foreign Currency Reserves (CHF) Mar 735B
    08:30 EUR Eurozone Sentix Investor Confidence Apr -8.7 -2.9
    09:00 EUR Eurozone Retail Sales M/M Feb 0.50% -0.30%
    14:30 CAD BoC Business Outlook Survey
    22:00 NZD NZIER Business Confidence Q1
    23:50 JPY Current Account (JPY) Feb 2.74T 1.94T
    GMT Ccy Events
    23:30 JPY Labor Cash Earnings Y/Y Feb
        Forecast: 3.10% Previous: 2.80%
    05:00 JPY Leading Economic Index Feb P
        Forecast: 107.8 Previous: 108.3
    06:00 EUR Germany Industrial Production M/M Feb
        Forecast: -0.90% Previous: 2.00%
    06:00 EUR Germany Trade Balance (EUR) Feb
        Forecast: 17.8B Previous: 16.0B
    07:00 CHF Foreign Currency Reserves (CHF) Mar
        Forecast: Previous: 735B
    08:30 EUR Eurozone Sentix Investor Confidence Apr
        Forecast: -8.7 Previous: -2.9
    09:00 EUR Eurozone Retail Sales M/M Feb
        Forecast: 0.50% Previous: -0.30%
    14:30 CAD BoC Business Outlook Survey
        Forecast: Previous:
    22:00 NZD NZIER Business Confidence Q1
        Forecast: Previous:
    23:50 JPY Current Account (JPY) Feb
        Forecast: 2.74T Previous: 1.94T
    Tuesday, Apr 8, 2025
    GMT Ccy Events Consensus Previous
    01:30 AUD NAB Business Confidence Mar -1
    01:30 AUD NAB Business Conditions Mar 4
    05:00 JPY Eco Watchers Survey: Current Mar 45.3 45.6
    06:45 EUR France Trade Balance (EUR) Feb -6.2B -6.5B
    10:00 USD NFIB Business Optimism Index Mar 101.3 100.7
    14:00 CAD Ivey PMI Mar 53.2 55.3
    GMT Ccy Events
    01:30 AUD NAB Business Confidence Mar
        Forecast: Previous: -1
    01:30 AUD NAB Business Conditions Mar
        Forecast: Previous: 4
    05:00 JPY Eco Watchers Survey: Current Mar
        Forecast: 45.3 Previous: 45.6
    06:45 EUR France Trade Balance (EUR) Feb
        Forecast: -6.2B Previous: -6.5B
    10:00 USD NFIB Business Optimism Index Mar
        Forecast: 101.3 Previous: 100.7
    14:00 CAD Ivey PMI Mar
        Forecast: 53.2 Previous: 55.3
    Wednesday, Apr 9, 2025
    GMT Ccy Events Consensus Previous
    02:00 NZD RBNZ Interest Rate Decision 3.50% 3.75%
    05:00 JPY Consumer Confidence Index Mar 34.9 35
    06:00 JPY Machine Tool Orders Y/Y Mar P 3.50%
    14:00 USD Wholesale Inventories Feb F 0.30% 0.30%
    14:30 USD Crude Oil Inventories 6.2M
    18:00 USD FOMC Minutes
    23:01 GBP RICS Housing Price Balance Mar 8% 11%
    23:50 JPY Bank Lending Y/Y Mar 3.10% 3.10%
    23:50 JPY PPI Y/Y Mar 3.90% 4.00%
    GMT Ccy Events
    02:00 NZD RBNZ Interest Rate Decision
        Forecast: 3.50% Previous: 3.75%
    05:00 JPY Consumer Confidence Index Mar
        Forecast: 34.9 Previous: 35
    06:00 JPY Machine Tool Orders Y/Y Mar P
        Forecast: Previous: 3.50%
    14:00 USD Wholesale Inventories Feb F
        Forecast: 0.30% Previous: 0.30%
    14:30 USD Crude Oil Inventories
        Forecast: Previous: 6.2M
    18:00 USD FOMC Minutes
        Forecast: Previous:
    23:01 GBP RICS Housing Price Balance Mar
        Forecast: 8% Previous: 11%
    23:50 JPY Bank Lending Y/Y Mar
        Forecast: 3.10% Previous: 3.10%
    23:50 JPY PPI Y/Y Mar
        Forecast: 3.90% Previous: 4.00%
    Thursday, Apr 10, 2025
    GMT Ccy Events Consensus Previous
    01:30 CNY CPI M/M Mar -0.20%
    01:30 CNY CPI Y/Y Mar 0.10% -0.70%
    01:30 CNY PPI Y/Y Mar -2.30% -2.20%
    12:30 CAD Building Permits M/M Feb -0.90% -3.20%
    12:30 USD Initial Jobless Claims (Apr 4) 222K 219K
    12:30 USD CPI M/M Mar 0.20% 0.20%
    12:30 USD CPI Y/Y Mar 2.60% 2.80%
    12:30 USD CPI Core M/M Mar 0.30% 0.20%
    12:30 USD CPI Core Y/Y Mar 3.10%
    14:30 USD Natural Gas Storage 29B
    22:30 NZD Business NZ PMI Mar 53.9
    23:50 JPY Money Supply M2+CD Y/Y Mar 1.20% 1.20%
    GMT Ccy Events
    01:30 CNY CPI M/M Mar
        Forecast: Previous: -0.20%
    01:30 CNY CPI Y/Y Mar
        Forecast: 0.10% Previous: -0.70%
    01:30 CNY PPI Y/Y Mar
        Forecast: -2.30% Previous: -2.20%
    12:30 CAD Building Permits M/M Feb
        Forecast: -0.90% Previous: -3.20%
    12:30 USD Initial Jobless Claims (Apr 4)
        Forecast: 222K Previous: 219K
    12:30 USD CPI M/M Mar
        Forecast: 0.20% Previous: 0.20%
    12:30 USD CPI Y/Y Mar
        Forecast: 2.60% Previous: 2.80%
    12:30 USD CPI Core M/M Mar
        Forecast: 0.30% Previous: 0.20%
    12:30 USD CPI Core Y/Y Mar
        Forecast: Previous: 3.10%
    14:30 USD Natural Gas Storage
        Forecast: Previous: 29B
    22:30 NZD Business NZ PMI Mar
        Forecast: Previous: 53.9
    23:50 JPY Money Supply M2+CD Y/Y Mar
        Forecast: 1.20% Previous: 1.20%
    Friday, Apr 11, 2025
    GMT Ccy Events Consensus Previous
    06:00 EUR Germany CPI M/M Mar F 0.30% 0.30%
    06:00 EUR Germany CPI Y/Y Mar F 2.20% 2.20%
    06:00 GBP GDP M/M Feb 0.10% -0.10%
    06:00 GBP Industrial Production M/M Feb 0.10% -0.90%
    06:00 GBP Industrial Production Y/Y Feb -1.50%
    06:00 GBP Manufacturing Production M/M Feb 0.20% -1.10%
    06:00 GBP Manufacturing Production Y/Y Feb -1.50%
    06:00 GBP Index of Services 3M/3M Feb 0.50% 0.40%
    06:00 GBP Goods Trade Balance (GBP) Feb -17.9B -17.8B
    12:30 USD PPI M/M Mar 0.20% 0.00%
    12:30 USD PPI Y/Y Mar 3.20%
    12:30 USD PPI Core M/M Mar 0.30% -0.10%
    12:30 USD PPI Core Y/Y Mar 3.40%
    14:00 USD UoM Consumer Sentiment Apr P 55 57
    14:00 USD UoM Inflation Expectations Apr P 5.00%
    GMT Ccy Events
    06:00 EUR Germany CPI M/M Mar F
        Forecast: 0.30% Previous: 0.30%
    06:00 EUR Germany CPI Y/Y Mar F
        Forecast: 2.20% Previous: 2.20%
    06:00 GBP GDP M/M Feb
        Forecast: 0.10% Previous: -0.10%
    06:00 GBP Industrial Production M/M Feb
        Forecast: 0.10% Previous: -0.90%
    06:00 GBP Industrial Production Y/Y Feb
        Forecast: Previous: -1.50%
    06:00 GBP Manufacturing Production M/M Feb
        Forecast: 0.20% Previous: -1.10%
    06:00 GBP Manufacturing Production Y/Y Feb
        Forecast: Previous: -1.50%
    06:00 GBP Index of Services 3M/3M Feb
        Forecast: 0.50% Previous: 0.40%
    06:00 GBP Goods Trade Balance (GBP) Feb
        Forecast: -17.9B Previous: -17.8B
    12:30 USD PPI M/M Mar
        Forecast: 0.20% Previous: 0.00%
    12:30 USD PPI Y/Y Mar
        Forecast: Previous: 3.20%
    12:30 USD PPI Core M/M Mar
        Forecast: 0.30% Previous: -0.10%
    12:30 USD PPI Core Y/Y Mar
        Forecast: Previous: 3.40%
    14:00 USD UoM Consumer Sentiment Apr P
        Forecast: 55 Previous: 57
    14:00 USD UoM Inflation Expectations Apr P
        Forecast: Previous: 5.00%

    Eco Data 4/4/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:30 JPY Overall Household Spending Y/Y Feb -0.50% -0.70% 0.80%
    06:00 EUR Germany Factory Orders M/M Feb 0.00% 3.30% -7.00% -5.50%
    06:45 EUR France Industrial Output M/M Feb 0.70% 0.50% -0.60% -0.50%
    08:30 GBP Construction PMI Mar 46.4 46.7 44.6
    12:30 USD Nonfarm Payrolls Mar 228K 128K 151K 117K
    12:30 USD Unemployment Rate Mar 4.20% 4.10% 4.10%
    12:30 USD Average Hourly Earnings M/M Mar 0.30% 0.30% 0.30%
    12:30 CAD Net Change in Employment Mar -32.6K 10.4K 1.1K
    12:30 CAD Unemployment Rate Mar 6.70% 6.70% 6.60%
    GMT Ccy Events
    23:30 JPY Overall Household Spending Y/Y Feb
        Actual: -0.50% Forecast: -0.70%
        Previous: 0.80% Revised:
    06:00 EUR Germany Factory Orders M/M Feb
        Actual: 0.00% Forecast: 3.30%
        Previous: -7.00% Revised: -5.50%
    06:45 EUR France Industrial Output M/M Feb
        Actual: 0.70% Forecast: 0.50%
        Previous: -0.60% Revised: -0.50%
    08:30 GBP Construction PMI Mar
        Actual: 46.4 Forecast: 46.7
        Previous: 44.6 Revised:
    12:30 USD Nonfarm Payrolls Mar
        Actual: 228K Forecast: 128K
        Previous: 151K Revised: 117K
    12:30 USD Unemployment Rate Mar
        Actual: 4.20% Forecast: 4.10%
        Previous: 4.10% Revised:
    12:30 USD Average Hourly Earnings M/M Mar
        Actual: 0.30% Forecast: 0.30%
        Previous: 0.30% Revised:
    12:30 CAD Net Change in Employment Mar
        Actual: -32.6K Forecast: 10.4K
        Previous: 1.1K Revised:
    12:30 CAD Unemployment Rate Mar
        Actual: 6.70% Forecast: 6.70%
        Previous: 6.60% Revised:

    Eco Data 4/3/25

    GMT Ccy Events Actual Consensus Previous Revised
    00:30 JPY Services PMI Mar F 50 49.5 49.5
    01:30 AUD Trade Balance (AUD) Feb 2.97B 5.40B 5.62B 5.16B
    01:45 CNY Caixin Services PMI Mar 51.9 51.6 51.4
    06:30 CHF CPI M/M Mar 0 0.10% 0.60%
    06:30 CHF CPI Y/Y Mar 0.30% 0.50% 0.30%
    07:50 EUR France Services PMI Mar 47.9 46.6 46.6
    07:55 EUR Germany Services PMI Mar 50.9 50.2 50.2
    08:00 EUR Eurozone Services PMI Mar 51 50.4 50.4
    08:30 GBP Services PMI Mar 52.5 53.2 53.2
    09:00 EUR Eurozone PPI M/M Feb 0.20% 0.40% 0.80% 0.70%
    09:00 EUR Eurozone PPI Y/Y Feb 3% 1.80% 1.70%
    11:30 EUR ECB Meeting Accounts
    11:30 USD Challenger Job Cuts Y/Y Mar 204.80% 103.20%
    12:30 CAD Trade Balance (CAD) Feb -1.5B 2.5B 4.0B 3.1B
    12:30 USD Initial Jobless Claims (Mar 28) 219K 225K 224K 225K
    12:30 USD Trade Balance (USD) Feb -122.7B -110.0B -131.4B -130.7B
    13:45 USD Services PMI Mar F 54.4 54.3 54.3
    14:00 USD ISM Services PMI Mar 50.8 53.1 53.5
    14:30 USD Natural Gas Storage 29B 27B 37B
    GMT Ccy Events
    00:30 JPY Services PMI Mar F
        Actual: 50 Forecast: 49.5
        Previous: 49.5 Revised:
    01:30 AUD Trade Balance (AUD) Feb
        Actual: 2.97B Forecast: 5.40B
        Previous: 5.62B Revised: 5.16B
    01:45 CNY Caixin Services PMI Mar
        Actual: 51.9 Forecast: 51.6
        Previous: 51.4 Revised:
    06:30 CHF CPI M/M Mar
        Actual: 0 Forecast: 0.10%
        Previous: 0.60% Revised:
    06:30 CHF CPI Y/Y Mar
        Actual: 0.30% Forecast: 0.50%
        Previous: 0.30% Revised:
    07:50 EUR France Services PMI Mar
        Actual: 47.9 Forecast: 46.6
        Previous: 46.6 Revised:
    07:55 EUR Germany Services PMI Mar
        Actual: 50.9 Forecast: 50.2
        Previous: 50.2 Revised:
    08:00 EUR Eurozone Services PMI Mar
        Actual: 51 Forecast: 50.4
        Previous: 50.4 Revised:
    08:30 GBP Services PMI Mar
        Actual: 52.5 Forecast: 53.2
        Previous: 53.2 Revised:
    09:00 EUR Eurozone PPI M/M Feb
        Actual: 0.20% Forecast: 0.40%
        Previous: 0.80% Revised: 0.70%
    09:00 EUR Eurozone PPI Y/Y Feb
        Actual: 3% Forecast:
        Previous: 1.80% Revised: 1.70%
    11:30 EUR ECB Meeting Accounts
        Actual: Forecast:
        Previous: Revised:
    11:30 USD Challenger Job Cuts Y/Y Mar
        Actual: 204.80% Forecast:
        Previous: 103.20% Revised:
    12:30 CAD Trade Balance (CAD) Feb
        Actual: -1.5B Forecast: 2.5B
        Previous: 4.0B Revised: 3.1B
    12:30 USD Initial Jobless Claims (Mar 28)
        Actual: 219K Forecast: 225K
        Previous: 224K Revised: 225K
    12:30 USD Trade Balance (USD) Feb
        Actual: -122.7B Forecast: -110.0B
        Previous: -131.4B Revised: -130.7B
    13:45 USD Services PMI Mar F
        Actual: 54.4 Forecast: 54.3
        Previous: 54.3 Revised:
    14:00 USD ISM Services PMI Mar
        Actual: 50.8 Forecast: 53.1
        Previous: 53.5 Revised:
    14:30 USD Natural Gas Storage
        Actual: 29B Forecast: 27B
        Previous: 37B Revised:

    Eco Data 4/2/25

    GMT Ccy Events Actual Consensus Previous Revised
    21:45 NZD Building Permits M/M Feb 0.70% 2.60%
    23:50 JPY Monetary Base Y/Y Mar -3.10% -1.50% -1.80%
    00:30 AUD Building Permits M/M Feb -0.30% -1.40% 6.30% 6.90%
    12:15 USD ADP Employment Change Mar 155K 120K 77K 84K
    14:00 USD Factory Orders M/M Feb 0.60% 0.50% 1.70% 1.80%
    14:30 USD Crude Oil Inventories 6.2M -0.4M -3.3M
    GMT Ccy Events
    21:45 NZD Building Permits M/M Feb
        Actual: 0.70% Forecast:
        Previous: 2.60% Revised:
    23:50 JPY Monetary Base Y/Y Mar
        Actual: -3.10% Forecast: -1.50%
        Previous: -1.80% Revised:
    00:30 AUD Building Permits M/M Feb
        Actual: -0.30% Forecast: -1.40%
        Previous: 6.30% Revised: 6.90%
    12:15 USD ADP Employment Change Mar
        Actual: 155K Forecast: 120K
        Previous: 77K Revised: 84K
    14:00 USD Factory Orders M/M Feb
        Actual: 0.60% Forecast: 0.50%
        Previous: 1.70% Revised: 1.80%
    14:30 USD Crude Oil Inventories
        Actual: 6.2M Forecast: -0.4M
        Previous: -3.3M Revised:

    Eco Data 4/1/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:30 JPY Unemployment Rate Feb 2.40% 2.50% 2.50%
    23:50 JPY Tankan Large Manufacturing Index Q1 12 12 14
    23:50 JPY Tankan Large Manufacturing Outlook Q1 12 9 13
    23:50 JPY Tankan Non-Manufacturing Index Q1 35 33 33
    23:50 JPY Tankan Non-Manufacturing Outlook Q1 28 29 28
    23:50 JPY Tankan Large All Industry Capex Q1 3.10% 11.30%
    00:30 AUD Retail Sales M/M Feb 0.20% 0.30% 0.30%
    00:30 JPY Manufacturing PMI Mar F 48.4 48.3 48.3
    01:45 CNY Caixin Manufacturing PMI Mar 51.2 50.5 50.8
    03:30 AUD RBA Interest Rate Decision 4.10% 4.10% 4.10%
    04:30 AUD RBA Press Conference
    06:30 CHF Real Retail Sales Y/Y Feb 1.60% 1.50% 1.30% 2.90%
    07:30 CHF Manufacturing PMI Mar 48.9 50.5 49.6
    07:50 EUR France Manufacturing PMI Mar F 48.5 48.9 48.9
    07:55 EUR Germany Manufacturing PMI Mar F 48.3 48.7 48.3
    08:00 EUR Eurozone Manufacturing PMI Mar F 48.6 48.7 48.7
    08:30 GBP Manufacturing PMI Mar 44.9 44.6 44.6
    09:00 EUR Eurozone Unemployment Rate Feb 6.10% 6.20% 6.20%
    09:00 EUR CPI Y/Y Mar P 2.20% 2.20% 2.30%
    09:00 EUR CPI Core Y/Y Mar P 2.40% 2.50% 2.60%
    13:30 CAD Manufacturing PMI Mar 46.3 47.8
    13:45 USD Manufacturing PMI Mar F 50.2 49.8 49.8
    14:00 USD ISM Manufacturing PMI Mar 49 49.9 50.3
    14:00 USD ISM Manufacturing Prices Paid Mar 69.4 65 62.4
    14:00 USD ISM Manufacturing Employment Mar 44.7 47.6
    14:00 USD Construction Spending M/M Feb 0.70% 0.20% -0.20%
    GMT Ccy Events
    23:30 JPY Unemployment Rate Feb
        Actual: 2.40% Forecast: 2.50%
        Previous: 2.50% Revised:
    23:50 JPY Tankan Large Manufacturing Index Q1
        Actual: 12 Forecast: 12
        Previous: 14 Revised:
    23:50 JPY Tankan Large Manufacturing Outlook Q1
        Actual: 12 Forecast: 9
        Previous: 13 Revised:
    23:50 JPY Tankan Non-Manufacturing Index Q1
        Actual: 35 Forecast: 33
        Previous: 33 Revised:
    23:50 JPY Tankan Non-Manufacturing Outlook Q1
        Actual: 28 Forecast: 29
        Previous: 28 Revised:
    23:50 JPY Tankan Large All Industry Capex Q1
        Actual: 3.10% Forecast:
        Previous: 11.30% Revised:
    00:30 AUD Retail Sales M/M Feb
        Actual: 0.20% Forecast: 0.30%
        Previous: 0.30% Revised:
    00:30 JPY Manufacturing PMI Mar F
        Actual: 48.4 Forecast: 48.3
        Previous: 48.3 Revised:
    01:45 CNY Caixin Manufacturing PMI Mar
        Actual: 51.2 Forecast: 50.5
        Previous: 50.8 Revised:
    03:30 AUD RBA Interest Rate Decision
        Actual: 4.10% Forecast: 4.10%
        Previous: 4.10% Revised:
    04:30 AUD RBA Press Conference
        Actual: Forecast:
        Previous: Revised:
    06:30 CHF Real Retail Sales Y/Y Feb
        Actual: 1.60% Forecast: 1.50%
        Previous: 1.30% Revised: 2.90%
    07:30 CHF Manufacturing PMI Mar
        Actual: 48.9 Forecast: 50.5
        Previous: 49.6 Revised:
    07:50 EUR France Manufacturing PMI Mar F
        Actual: 48.5 Forecast: 48.9
        Previous: 48.9 Revised:
    07:55 EUR Germany Manufacturing PMI Mar F
        Actual: 48.3 Forecast: 48.7
        Previous: 48.3 Revised:
    08:00 EUR Eurozone Manufacturing PMI Mar F
        Actual: 48.6 Forecast: 48.7
        Previous: 48.7 Revised:
    08:30 GBP Manufacturing PMI Mar
        Actual: 44.9 Forecast: 44.6
        Previous: 44.6 Revised:
    09:00 EUR Eurozone Unemployment Rate Feb
        Actual: 6.10% Forecast: 6.20%
        Previous: 6.20% Revised:
    09:00 EUR CPI Y/Y Mar P
        Actual: 2.20% Forecast: 2.20%
        Previous: 2.30% Revised:
    09:00 EUR CPI Core Y/Y Mar P
        Actual: 2.40% Forecast: 2.50%
        Previous: 2.60% Revised:
    13:30 CAD Manufacturing PMI Mar
        Actual: 46.3 Forecast:
        Previous: 47.8 Revised:
    13:45 USD Manufacturing PMI Mar F
        Actual: 50.2 Forecast: 49.8
        Previous: 49.8 Revised:
    14:00 USD ISM Manufacturing PMI Mar
        Actual: 49 Forecast: 49.9
        Previous: 50.3 Revised:
    14:00 USD ISM Manufacturing Prices Paid Mar
        Actual: 69.4 Forecast: 65
        Previous: 62.4 Revised:
    14:00 USD ISM Manufacturing Employment Mar
        Actual: 44.7 Forecast:
        Previous: 47.6 Revised:
    14:00 USD Construction Spending M/M Feb
        Actual: 0.70% Forecast: 0.20%
        Previous: -0.20% Revised:

    Eco Data 3/31/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY Industrial Production M/M Feb P 2.50% 1.90% -1.10%
    23:50 JPY Retail Trade Y/Y Feb 1.40% 2.40% 4.40%
    00:00 NZD ANZ Business Confidence Mar 57.5 58.4
    00:30 AUD Private Sector Credit M/M Feb 0.50% 0.50% 0.50%
    01:30 CNY NBS Manufacturing PMI Mar 50.5 50.5 50.2
    01:30 CNY NBS Non-Manufacturing PMI Mar 50.8 50.5 50.4
    05:00 JPY Housing Starts Y/Y Feb 2.40% -1.90% -4.60%
    06:00 EUR Germany Import Price Index M/M Feb 0.30% -0.10% 1.10%
    06:00 EUR Germany Retail Sales M/M Feb 0.80% 0.00% 0.20% 0.70%
    08:30 GBP M4 Money Supply M/M Feb 0.20% 1.10% 1.30% 1.40%
    08:30 GBP Mortgage Approvals Feb 65K 66K 66K
    12:00 EUR Germany CPI M/M Mar P 0.30% 0.30% 0.40%
    12:00 EUR Germany CPI Y/Y Mar P 2.20% 2.30%
    13:45 USD Chicago PMI Mar 47.6 45.4 45.5
    GMT Ccy Events
    23:50 JPY Industrial Production M/M Feb P
        Actual: 2.50% Forecast: 1.90%
        Previous: -1.10% Revised:
    23:50 JPY Retail Trade Y/Y Feb
        Actual: 1.40% Forecast: 2.40%
        Previous: 4.40% Revised:
    00:00 NZD ANZ Business Confidence Mar
        Actual: 57.5 Forecast:
        Previous: 58.4 Revised:
    00:30 AUD Private Sector Credit M/M Feb
        Actual: 0.50% Forecast: 0.50%
        Previous: 0.50% Revised:
    01:30 CNY NBS Manufacturing PMI Mar
        Actual: 50.5 Forecast: 50.5
        Previous: 50.2 Revised:
    01:30 CNY NBS Non-Manufacturing PMI Mar
        Actual: 50.8 Forecast: 50.5
        Previous: 50.4 Revised:
    05:00 JPY Housing Starts Y/Y Feb
        Actual: 2.40% Forecast: -1.90%
        Previous: -4.60% Revised:
    06:00 EUR Germany Import Price Index M/M Feb
        Actual: 0.30% Forecast: -0.10%
        Previous: 1.10% Revised:
    06:00 EUR Germany Retail Sales M/M Feb
        Actual: 0.80% Forecast: 0.00%
        Previous: 0.20% Revised: 0.70%
    08:30 GBP M4 Money Supply M/M Feb
        Actual: 0.20% Forecast: 1.10%
        Previous: 1.30% Revised: 1.40%
    08:30 GBP Mortgage Approvals Feb
        Actual: 65K Forecast: 66K
        Previous: 66K Revised:
    12:00 EUR Germany CPI M/M Mar P
        Actual: 0.30% Forecast: 0.30%
        Previous: 0.40% Revised:
    12:00 EUR Germany CPI Y/Y Mar P
        Actual: 2.20% Forecast:
        Previous: 2.30% Revised:
    13:45 USD Chicago PMI Mar
        Actual: 47.6 Forecast: 45.4
        Previous: 45.5 Revised:

    Summary 3/31 – 4/4

    Monday, Mar 31, 2025
    GMT Ccy Events Consensus Previous
    23:50 JPY Industrial Production M/M Feb P 1.90% -1.10%
    23:50 JPY Retail Trade Y/Y Feb 2.40% 4.40%
    00:00 NZD ANZ Business Confidence Mar 58.4
    00:30 AUD Private Sector Credit M/M Feb 0.50% 0.50%
    01:30 CNY NBS Manufacturing PMI Mar 50.5 50.2
    01:30 CNY NBS Non-Manufacturing PMI Mar 50.4
    05:00 JPY Housing Starts Y/Y Feb -1.90% -4.60%
    06:00 EUR Germany Import Price Index M/M Feb -0.10% 1.10%
    06:00 EUR Germany Retail Sales M/M Feb 0.00% 0.20%
    08:30 GBP M4 Money Supply M/M Feb 1.10% 1.30%
    08:30 GBP Mortgage Approvals Feb 66K 66K
    12:00 EUR Germany CPI M/M Mar P 0.30% 0.40%
    12:00 EUR Germany CPI Y/Y Mar P 2.30%
    13:45 USD Chicago PMI Mar 45.4 45.5
    GMT Ccy Events
    23:50 JPY Industrial Production M/M Feb P
        Forecast: Previous: 1.90%
    23:50 JPY Retail Trade Y/Y Feb
        Forecast: Previous: 2.40%
    00:00 NZD ANZ Business Confidence Mar
        Forecast: Previous:
    00:30 AUD Private Sector Credit M/M Feb
        Forecast: Previous: 0.50%
    01:30 CNY NBS Manufacturing PMI Mar
        Forecast: Previous: 50.5
    01:30 CNY NBS Non-Manufacturing PMI Mar
        Forecast: Previous:
    05:00 JPY Housing Starts Y/Y Feb
        Forecast: Previous: -1.90%
    06:00 EUR Germany Import Price Index M/M Feb
        Forecast: Previous: -0.10%
    06:00 EUR Germany Retail Sales M/M Feb
        Forecast: Previous: 0.00%
    08:30 GBP M4 Money Supply M/M Feb
        Forecast: Previous: 1.10%
    08:30 GBP Mortgage Approvals Feb
        Forecast: Previous: 66K
    12:00 EUR Germany CPI M/M Mar P
        Forecast: Previous: 0.30%
    12:00 EUR Germany CPI Y/Y Mar P
        Forecast: Previous:
    13:45 USD Chicago PMI Mar
        Forecast: Previous: 45.4
    Tuesday, Apr 1, 2025
    GMT Ccy Events Consensus Previous
    00:30 AUD Retail Sales M/M Feb 0.30% 0.30%
    00:30 JPY Manufacturing PMI Mar F 48.3 48.3
    01:45 CNY Caixin Manufacturing PMI Mar 50.5 50.8
    03:30 AUD RBA Interest Rate Decision 4.10% 4.10%
    04:30 AUD RBA Press Conference
    06:30 CHF Real Retail Sales Y/Y Feb 1.50% 1.30%
    07:30 CHF Manufacturing PMI Mar 50.5 49.6
    07:50 EUR France Manufacturing PMI Mar F 48.9 48.9
    07:55 EUR Germany Manufacturing PMI Mar F 48.7 48.3
    08:00 EUR Eurozone Manufacturing PMI Mar F 48.7 48.7
    08:30 GBP Manufacturing PMI Mar 44.6 44.6
    09:00 EUR Eurozone Unemployment Rate Feb 6.20% 6.20%
    09:00 EUR CPI Y/Y Mar P 2.20% 2.30%
    09:00 EUR CPI Core Y/Y Mar P 2.50% 2.60%
    13:30 CAD Manufacturing PMI Mar 47.8
    13:45 USD Manufacturing PMI Mar F 49.8 49.8
    14:00 USD ISM Manufacturing PMI Mar 49.9 50.3
    14:00 USD ISM Manufacturing Prices Paid Mar 65 62.4
    14:00 USD ISM Manufacturing Employment Mar 47.6
    14:00 USD ISM Manufacturing New Orders Index Mar 48.6
    14:00 USD Construction Spending M/M Feb 0.20% -0.20%
    21:45 NZD Building Permits M/M Feb 2.60%
    23:50 JPY Monetary Base Y/Y Mar -1.50% -1.80%
    GMT Ccy Events
    00:30 AUD Retail Sales M/M Feb
        Forecast: 0.30% Previous: 0.30%
    00:30 JPY Manufacturing PMI Mar F
        Forecast: 48.3 Previous: 48.3
    01:45 CNY Caixin Manufacturing PMI Mar
        Forecast: 50.5 Previous: 50.8
    03:30 AUD RBA Interest Rate Decision
        Forecast: 4.10% Previous: 4.10%
    04:30 AUD RBA Press Conference
        Forecast: Previous:
    06:30 CHF Real Retail Sales Y/Y Feb
        Forecast: 1.50% Previous: 1.30%
    07:30 CHF Manufacturing PMI Mar
        Forecast: 50.5 Previous: 49.6
    07:50 EUR France Manufacturing PMI Mar F
        Forecast: 48.9 Previous: 48.9
    07:55 EUR Germany Manufacturing PMI Mar F
        Forecast: 48.7 Previous: 48.3
    08:00 EUR Eurozone Manufacturing PMI Mar F
        Forecast: 48.7 Previous: 48.7
    08:30 GBP Manufacturing PMI Mar
        Forecast: 44.6 Previous: 44.6
    09:00 EUR Eurozone Unemployment Rate Feb
        Forecast: 6.20% Previous: 6.20%
    09:00 EUR CPI Y/Y Mar P
        Forecast: 2.20% Previous: 2.30%
    09:00 EUR CPI Core Y/Y Mar P
        Forecast: 2.50% Previous: 2.60%
    13:30 CAD Manufacturing PMI Mar
        Forecast: Previous: 47.8
    13:45 USD Manufacturing PMI Mar F
        Forecast: 49.8 Previous: 49.8
    14:00 USD ISM Manufacturing PMI Mar
        Forecast: 49.9 Previous: 50.3
    14:00 USD ISM Manufacturing Prices Paid Mar
        Forecast: 65 Previous: 62.4
    14:00 USD ISM Manufacturing Employment Mar
        Forecast: Previous: 47.6
    14:00 USD ISM Manufacturing New Orders Index Mar
        Forecast: Previous: 48.6
    14:00 USD Construction Spending M/M Feb
        Forecast: 0.20% Previous: -0.20%
    21:45 NZD Building Permits M/M Feb
        Forecast: Previous: 2.60%
    23:50 JPY Monetary Base Y/Y Mar
        Forecast: -1.50% Previous: -1.80%
    Wednesday, Apr 2, 2025
    GMT Ccy Events Consensus Previous
    00:30 AUD Building Permits M/M Feb -1.40% 6.30%
    12:15 USD ADP Employment Change Mar 120K 77K
    14:00 USD Factory Orders M/M Feb 0.50% 1.70%
    14:30 USD Crude Oil Inventories -3.3M
    GMT Ccy Events
    00:30 AUD Building Permits M/M Feb
        Forecast: -1.40% Previous: 6.30%
    12:15 USD ADP Employment Change Mar
        Forecast: 120K Previous: 77K
    14:00 USD Factory Orders M/M Feb
        Forecast: 0.50% Previous: 1.70%
    14:30 USD Crude Oil Inventories
        Forecast: Previous: -3.3M
    Thursday, Apr 3, 2025
    GMT Ccy Events Consensus Previous
    00:30 JPY Services PMI Mar F 49.5 49.5
    01:30 AUD Trade Balance (AUD) Feb 5.40B 5.62B
    01:45 CNY Caixin Services PMI Mar 51.6 51.4
    06:30 CHF CPI M/M Mar 0.10% 0.60%
    06:30 CHF CPI Y/Y Mar 0.30%
    07:50 EUR France Services PMI Mar 46.6 46.6
    07:55 EUR Germany Services PMI Mar 50.2 50.2
    08:00 EUR Eurozone Services PMI Mar 50.4 50.4
    08:30 GBP Services PMI Mar 53.2 53.2
    09:00 EUR Eurozone PPI M/M Feb 0.40% 0.80%
    09:00 EUR Eurozone PPI Y/Y Feb 1.80%
    11:30 EUR ECB Meeting Accounts
    11:30 USD Challenger Job Cuts Y/Y Mar 103.20%
    12:30 CAD Trade Balance (CAD) Feb 2.5B 4.0B
    12:30 USD Initial Jobless Claims (Mar 28) 225K 224K
    12:30 USD Trade Balance (USD) Feb -110.0B -131.4B
    13:45 USD Services PMI Mar F 54.3 54.3
    14:00 USD ISM Services PMI Mar 53.1 53.5
    14:30 USD Natural Gas Storage 37B
    23:30 JPY Overall Household Spending Y/Y Feb -0.70% 0.80%
    GMT Ccy Events
    00:30 JPY Services PMI Mar F
        Forecast: 49.5 Previous: 49.5
    01:30 AUD Trade Balance (AUD) Feb
        Forecast: 5.40B Previous: 5.62B
    01:45 CNY Caixin Services PMI Mar
        Forecast: 51.6 Previous: 51.4
    06:30 CHF CPI M/M Mar
        Forecast: 0.10% Previous: 0.60%
    06:30 CHF CPI Y/Y Mar
        Forecast: Previous: 0.30%
    07:50 EUR France Services PMI Mar
        Forecast: 46.6 Previous: 46.6
    07:55 EUR Germany Services PMI Mar
        Forecast: 50.2 Previous: 50.2
    08:00 EUR Eurozone Services PMI Mar
        Forecast: 50.4 Previous: 50.4
    08:30 GBP Services PMI Mar
        Forecast: 53.2 Previous: 53.2
    09:00 EUR Eurozone PPI M/M Feb
        Forecast: 0.40% Previous: 0.80%
    09:00 EUR Eurozone PPI Y/Y Feb
        Forecast: Previous: 1.80%
    11:30 EUR ECB Meeting Accounts
        Forecast: Previous:
    11:30 USD Challenger Job Cuts Y/Y Mar
        Forecast: Previous: 103.20%
    12:30 CAD Trade Balance (CAD) Feb
        Forecast: 2.5B Previous: 4.0B
    12:30 USD Initial Jobless Claims (Mar 28)
        Forecast: 225K Previous: 224K
    12:30 USD Trade Balance (USD) Feb
        Forecast: -110.0B Previous: -131.4B
    13:45 USD Services PMI Mar F
        Forecast: 54.3 Previous: 54.3
    14:00 USD ISM Services PMI Mar
        Forecast: 53.1 Previous: 53.5
    14:30 USD Natural Gas Storage
        Forecast: Previous: 37B
    23:30 JPY Overall Household Spending Y/Y Feb
        Forecast: -0.70% Previous: 0.80%
    Friday, Apr 4, 2025
    GMT Ccy Events Consensus Previous
    06:00 EUR Germany Factory Orders M/M Feb 3.30% -7.00%
    06:45 EUR France Industrial Output M/M Feb 0.50% -0.60%
    08:30 GBP Construction PMI Mar 46.7 44.6
    12:30 USD Nonfarm Payrolls Mar 128K 151K
    12:30 USD Average Hourly Earnings M/M Mar 0.30% 0.30%
    12:30 USD Unemployment Rate Mar 4.10% 4.10%
    12:30 CAD Net Change in Employment Mar 1.1K
    12:30 CAD Unemployment Rate Mar 6.60%
    GMT Ccy Events
    06:00 EUR Germany Factory Orders M/M Feb
        Forecast: 3.30% Previous: -7.00%
    06:45 EUR France Industrial Output M/M Feb
        Forecast: 0.50% Previous: -0.60%
    08:30 GBP Construction PMI Mar
        Forecast: 46.7 Previous: 44.6
    12:30 USD Nonfarm Payrolls Mar
        Forecast: 128K Previous: 151K
    12:30 USD Average Hourly Earnings M/M Mar
        Forecast: 0.30% Previous: 0.30%
    12:30 USD Unemployment Rate Mar
        Forecast: 4.10% Previous: 4.10%
    12:30 CAD Net Change in Employment Mar
        Forecast: Previous: 1.1K
    12:30 CAD Unemployment Rate Mar
        Forecast: Previous: 6.60%

    Eco Data 3/28/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:30 JPY Tokyo CPI Y/Y Mar 2.90% 2.90% 2.80%
    23:30 JPY Tokyo CPI Core Y/Y Mar 2.40% 2.20% 2.20%
    23:30 JPY Tokyo CPI Core-Core Y/Y Mar 2.20% 1.90%
    23:50 JPY BoJ Summary of Opinions
    07:00 EUR Germany GfK Consumer Confidence Apr -24.5 -22.2 -24.7 -24.6
    07:00 GBP Retail Sales M/M Feb 1.00% -0.30% 1.70%
    07:00 GBP Goods Trade Balance (GBP) Jan -17.8B -16.8B -17.4B -12.5B
    07:00 GBP GDP Q/Q Q4 F 0.10% 0.10% 0.10%
    07:00 GBP Current Account (GBP) Q4 -21.0B -16.7B -18.1B
    08:00 CHF KOF Economic Barometer Mar 103.9 102.6 101.7 102.6
    08:55 EUR Germany Unemployment Change Feb 26K 10K 5K
    08:55 EUR Germany Unemployment Rate Feb 6.30% 6.20% 6.20%
    10:00 EUR Eurozone Economic Sentiment Indicator Mar 95.2 97 96.3
    10:00 EUR Eurozone Industrial Confidence Mar -10.6 -10.5 -11.4 -11
    10:00 EUR Eurozone Services Sentiment Mar 2.4 6.8 6.2 5.1
    10:00 EUR Eurozone Consumer Confidence Mar F -14.5 -14.5 -14.5
    12:30 CAD GDP M/M Jan 0.40% 0.30% 0.20% 0.30%
    12:30 USD Personal Income Feb 0.80% 0.40% 0.90% 0.70%
    12:30 USD Personal Spending Feb 0.40% 0.50% -0.20% -0.30%
    12:30 USD PCE Price Index M/M Feb 0.30% 0.30% 0.30%
    12:30 USD PCE Price Index Y/Y Feb 2.50% 2.50% 2.50%
    12:30 USD Core PCE Price Index M/M Feb 0.40% 0.30% 0.30%
    12:30 USD Core PCE Price Index Y/Y Feb 2.80% 2.70% 2.60% 2.70%
    14:00 USD Michigan Consumer Sentiment Index Mar F 57 57.9 57.9
    GMT Ccy Events
    23:30 JPY Tokyo CPI Y/Y Mar
        Actual: 2.90% Forecast:
        Previous: 2.90% Revised: 2.80%
    23:30 JPY Tokyo CPI Core Y/Y Mar
        Actual: 2.40% Forecast: 2.20%
        Previous: 2.20% Revised:
    23:30 JPY Tokyo CPI Core-Core Y/Y Mar
        Actual: 2.20% Forecast:
        Previous: 1.90% Revised:
    23:50 JPY BoJ Summary of Opinions
        Actual: Forecast:
        Previous: Revised:
    07:00 EUR Germany GfK Consumer Confidence Apr
        Actual: -24.5 Forecast: -22.2
        Previous: -24.7 Revised: -24.6
    07:00 GBP Retail Sales M/M Feb
        Actual: 1.00% Forecast: -0.30%
        Previous: 1.70% Revised:
    07:00 GBP Goods Trade Balance (GBP) Jan
        Actual: -17.8B Forecast: -16.8B
        Previous: -17.4B Revised: -12.5B
    07:00 GBP GDP Q/Q Q4 F
        Actual: 0.10% Forecast: 0.10%
        Previous: 0.10% Revised:
    07:00 GBP Current Account (GBP) Q4
        Actual: -21.0B Forecast: -16.7B
        Previous: -18.1B Revised:
    08:00 CHF KOF Economic Barometer Mar
        Actual: 103.9 Forecast: 102.6
        Previous: 101.7 Revised: 102.6
    08:55 EUR Germany Unemployment Change Feb
        Actual: 26K Forecast: 10K
        Previous: 5K Revised:
    08:55 EUR Germany Unemployment Rate Feb
        Actual: 6.30% Forecast: 6.20%
        Previous: 6.20% Revised:
    10:00 EUR Eurozone Economic Sentiment Indicator Mar
        Actual: 95.2 Forecast: 97
        Previous: 96.3 Revised:
    10:00 EUR Eurozone Industrial Confidence Mar
        Actual: -10.6 Forecast: -10.5
        Previous: -11.4 Revised: -11
    10:00 EUR Eurozone Services Sentiment Mar
        Actual: 2.4 Forecast: 6.8
        Previous: 6.2 Revised: 5.1
    10:00 EUR Eurozone Consumer Confidence Mar F
        Actual: -14.5 Forecast: -14.5
        Previous: -14.5 Revised:
    12:30 CAD GDP M/M Jan
        Actual: 0.40% Forecast: 0.30%
        Previous: 0.20% Revised: 0.30%
    12:30 USD Personal Income Feb
        Actual: 0.80% Forecast: 0.40%
        Previous: 0.90% Revised: 0.70%
    12:30 USD Personal Spending Feb
        Actual: 0.40% Forecast: 0.50%
        Previous: -0.20% Revised: -0.30%
    12:30 USD PCE Price Index M/M Feb
        Actual: 0.30% Forecast: 0.30%
        Previous: 0.30% Revised:
    12:30 USD PCE Price Index Y/Y Feb
        Actual: 2.50% Forecast: 2.50%
        Previous: 2.50% Revised:
    12:30 USD Core PCE Price Index M/M Feb
        Actual: 0.40% Forecast: 0.30%
        Previous: 0.30% Revised:
    12:30 USD Core PCE Price Index Y/Y Feb
        Actual: 2.80% Forecast: 2.70%
        Previous: 2.60% Revised: 2.70%
    14:00 USD Michigan Consumer Sentiment Index Mar F
        Actual: 57 Forecast: 57.9
        Previous: 57.9 Revised:

    Eco Data 3/27/25

    GMT Ccy Events Actual Consensus Previous Revised
    09:00 EUR Eurozone M3 Money Supply Y/Y Feb 4.00% 3.80% 3.60% 3.80%
    12:30 USD Initial Jobless Claims (Mar 21) 224K 225K 223K 225K
    12:30 USD GDP Annualized Q4 F 2.40% 2.30% 2.30%
    12:30 USD GDP Price Index Q4 F 2.30% 2.40% 2.40%
    12:30 USD Goods Trade Balance (USD) Feb P -147.9B -134.6B -155.6B
    12:30 USD Wholesale Inventories Feb P 0.30% 0.70% 0.80%
    14:00 USD Pending Home Sales M/M Feb 2.00% 0.90% -4.60%
    14:30 USD Natural Gas Storage 37B 37B 9B
    GMT Ccy Events
    09:00 EUR Eurozone M3 Money Supply Y/Y Feb
        Actual: 4.00% Forecast: 3.80%
        Previous: 3.60% Revised: 3.80%
    12:30 USD Initial Jobless Claims (Mar 21)
        Actual: 224K Forecast: 225K
        Previous: 223K Revised: 225K
    12:30 USD GDP Annualized Q4 F
        Actual: 2.40% Forecast: 2.30%
        Previous: 2.30% Revised:
    12:30 USD GDP Price Index Q4 F
        Actual: 2.30% Forecast: 2.40%
        Previous: 2.40% Revised:
    12:30 USD Goods Trade Balance (USD) Feb P
        Actual: -147.9B Forecast: -134.6B
        Previous: -155.6B Revised:
    12:30 USD Wholesale Inventories Feb P
        Actual: 0.30% Forecast: 0.70%
        Previous: 0.80% Revised:
    14:00 USD Pending Home Sales M/M Feb
        Actual: 2.00% Forecast: 0.90%
        Previous: -4.60% Revised:
    14:30 USD Natural Gas Storage
        Actual: 37B Forecast: 37B
        Previous: 9B Revised:

    Eco Data 3/26/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY Corporate Service Price Index Y/Y Feb 3.00% 3.10% 3.10% 3.20%
    00:30 AUD Monthly CPI Y/Y Feb 2.40% 2.50% 2.50%
    07:00 GBP CPI M/M Feb 0.40% 0.50% -0.10%
    07:00 GBP CPI Y/Y Feb 2.80% 2.90% 3%
    07:00 GBP Core CPI Y/Y Feb 3.50% 3.60% 3.70%
    07:00 GBP RPI M/M Feb 0.60% 0.80% -0.10%
    07:00 GBP RPI Y/Y Feb 3.40% 3.60% 3.60%
    09:00 CHF UBS Economic Expectations Mar -10.7 3.4
    12:30 USD Durable Goods Orders Feb 0.90% -0.70% 3.20%
    12:30 USD Durable Goods Orders ex Transportation Feb 0.70% 0.40% 0%
    14:30 USD Crude Oil Inventories -3.3M 1.5M 1.7M
    17:30 CAD BoC Summary of Deliberations
    GMT Ccy Events
    23:50 JPY Corporate Service Price Index Y/Y Feb
        Actual: 3.00% Forecast: 3.10%
        Previous: 3.10% Revised: 3.20%
    00:30 AUD Monthly CPI Y/Y Feb
        Actual: 2.40% Forecast: 2.50%
        Previous: 2.50% Revised:
    07:00 GBP CPI M/M Feb
        Actual: 0.40% Forecast: 0.50%
        Previous: -0.10% Revised:
    07:00 GBP CPI Y/Y Feb
        Actual: 2.80% Forecast: 2.90%
        Previous: 3% Revised:
    07:00 GBP Core CPI Y/Y Feb
        Actual: 3.50% Forecast: 3.60%
        Previous: 3.70% Revised:
    07:00 GBP RPI M/M Feb
        Actual: 0.60% Forecast: 0.80%
        Previous: -0.10% Revised:
    07:00 GBP RPI Y/Y Feb
        Actual: 3.40% Forecast: 3.60%
        Previous: 3.60% Revised:
    09:00 CHF UBS Economic Expectations Mar
        Actual: -10.7 Forecast:
        Previous: 3.4 Revised:
    12:30 USD Durable Goods Orders Feb
        Actual: 0.90% Forecast: -0.70%
        Previous: 3.20% Revised:
    12:30 USD Durable Goods Orders ex Transportation Feb
        Actual: 0.70% Forecast: 0.40%
        Previous: 0% Revised:
    14:30 USD Crude Oil Inventories
        Actual: -3.3M Forecast: 1.5M
        Previous: 1.7M Revised:
    17:30 CAD BoC Summary of Deliberations
        Actual: Forecast:
        Previous: Revised:
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