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:

      Eco Data 7/8/25

        GMT Ccy Events Actual Consensus Previous Revised
        23:50 JPY Bank Lending Y/Y Jun 2.80% 2.30% 2.40%
        23:50 JPY Current Account (JPY) May 2.82T 2.58T 2.31T
        01:30 AUD NAB Business Confidence Jun 5 2
        01:30 AUD NAB Business Conditions Jun 9 0
        04:30 AUD RBA Interest Rate Decision 3.85% 3.60% 3.85%
        05:00 JPY Eco Watchers Survey: Current Jun 45 45.2 44.4
        05:30 AUD RBA Press Conference
        06:00 EUR Germany Trade Balance (EUR) May 18.4B 18.1B 14.6B 15.8B
        06:45 EUR France Trade Balance (EUR) May -7.8B -7.7B -8.0B -7.7B
        10:00 USD NFIB Business Optimism Index Jun 98.6 98.9 98.8
        14:00 CAD Ivey PMI Jun 53.3 49.1 48.9
        GMT Ccy Events
        23:50 JPY Bank Lending Y/Y Jun
            Actual: 2.80% Forecast: 2.30%
            Previous: 2.40% Revised:
        23:50 JPY Current Account (JPY) May
            Actual: 2.82T Forecast: 2.58T
            Previous: 2.31T Revised:
        01:30 AUD NAB Business Confidence Jun
            Actual: 5 Forecast:
            Previous: 2 Revised:
        01:30 AUD NAB Business Conditions Jun
            Actual: 9 Forecast:
            Previous: 0 Revised:
        04:30 AUD RBA Interest Rate Decision
            Actual: 3.85% Forecast: 3.60%
            Previous: 3.85% Revised:
        05:00 JPY Eco Watchers Survey: Current Jun
            Actual: 45 Forecast: 45.2
            Previous: 44.4 Revised:
        05:30 AUD RBA Press Conference
            Actual: Forecast:
            Previous: Revised:
        06:00 EUR Germany Trade Balance (EUR) May
            Actual: 18.4B Forecast: 18.1B
            Previous: 14.6B Revised: 15.8B
        06:45 EUR France Trade Balance (EUR) May
            Actual: -7.8B Forecast: -7.7B
            Previous: -8.0B Revised: -7.7B
        10:00 USD NFIB Business Optimism Index Jun
            Actual: 98.6 Forecast: 98.9
            Previous: 98.8 Revised:
        14:00 CAD Ivey PMI Jun
            Actual: 53.3 Forecast: 49.1
            Previous: 48.9 Revised:

        Eco Data 7/7/25

          GMT Ccy Events Actual Consensus Previous Revised
          23:30 JPY Labor Cash Earnings Y/Y May 1.00% 2.40% 2.30% 2.00%
          05:00 JPY Leading Economic Index May P 105.3 105.3 104.2
          06:00 EUR Germany Industrial Production M/M May 1.20% -0.60% -1.40%
          07:00 CHF Foreign Currency Reserves (CHF) Jun 713B 704B
          08:30 EUR Eurozone Sentix Investor Confidence Jul 4.5 1.1 0.2
          09:00 EUR Eurozone Retail Sales M/M May -0.70% -0.80% 0.10% 0.30%
          GMT Ccy Events
          23:30 JPY Labor Cash Earnings Y/Y May
              Actual: 1.00% Forecast: 2.40%
              Previous: 2.30% Revised: 2.00%
          05:00 JPY Leading Economic Index May P
              Actual: 105.3 Forecast: 105.3
              Previous: 104.2 Revised:
          06:00 EUR Germany Industrial Production M/M May
              Actual: 1.20% Forecast: -0.60%
              Previous: -1.40% Revised:
          07:00 CHF Foreign Currency Reserves (CHF) Jun
              Actual: 713B Forecast:
              Previous: 704B Revised:
          08:30 EUR Eurozone Sentix Investor Confidence Jul
              Actual: 4.5 Forecast: 1.1
              Previous: 0.2 Revised:
          09:00 EUR Eurozone Retail Sales M/M May
              Actual: -0.70% Forecast: -0.80%
              Previous: 0.10% Revised: 0.30%

          Summary 7/7 – 7/11

            Monday, Jul 7, 2025

            GMT Ccy Events Consensus Previous
            23:30 JPY Labor Cash Earnings Y/Y May 2.40% 2.30%
            05:00 JPY Leading Economic Index May P 105.3 104.2
            06:00 EUR Germany Industrial Production M/M May -0.60% -1.40%
            07:00 CHF Foreign Currency Reserves (CHF) Jun 704B
            08:30 EUR Eurozone Sentix Investor Confidence Jul 1.1 0.2
            09:00 EUR Eurozone Retail Sales M/M May -0.80% 0.10%
            23:50 JPY Bank Lending Y/Y Jun 2.30% 2.40%
            23:50 JPY Current Account (JPY) May 2.58T 2.31T
            GMT Ccy Events
            23:30 JPY Labor Cash Earnings Y/Y May
                Forecast: 2.40% Previous: 2.30%
            05:00 JPY Leading Economic Index May P
                Forecast: 105.3 Previous: 104.2
            06:00 EUR Germany Industrial Production M/M May
                Forecast: -0.60% Previous: -1.40%
            07:00 CHF Foreign Currency Reserves (CHF) Jun
                Forecast: Previous: 704B
            08:30 EUR Eurozone Sentix Investor Confidence Jul
                Forecast: 1.1 Previous: 0.2
            09:00 EUR Eurozone Retail Sales M/M May
                Forecast: -0.80% Previous: 0.10%
            23:50 JPY Bank Lending Y/Y Jun
                Forecast: 2.30% Previous: 2.40%
            23:50 JPY Current Account (JPY) May
                Forecast: 2.58T Previous: 2.31T

            Tuesday, Jul 8, 2025

            GMT Ccy Events Consensus Previous
            01:30 AUD NAB Business Confidence Jun 2
            01:30 AUD NAB Business Conditions Jun 0
            04:30 AUD RBA Interest Rate Decision 3.60% 3.85%
            05:00 JPY Eco Watchers Survey: Current Jun 45.2 44.4
            05:30 AUD RBA Press Conference
            06:00 EUR Germany Trade Balance (EUR) May 18.1B 14.6B
            06:45 EUR France Trade Balance (EUR) May -7.7B -8.0B
            10:00 USD NFIB Business Optimism Index Jun 98.9 98.8
            14:00 CAD Ivey PMI Jun 49.1 48.9
            23:50 JPY Money Supply M2+CD Y/Y Jun 0.20% 0.60%
            GMT Ccy Events
            01:30 AUD NAB Business Confidence Jun
                Forecast: Previous: 2
            01:30 AUD NAB Business Conditions Jun
                Forecast: Previous: 0
            04:30 AUD RBA Interest Rate Decision
                Forecast: 3.60% Previous: 3.85%
            05:00 JPY Eco Watchers Survey: Current Jun
                Forecast: 45.2 Previous: 44.4
            05:30 AUD RBA Press Conference
                Forecast: Previous:
            06:00 EUR Germany Trade Balance (EUR) May
                Forecast: 18.1B Previous: 14.6B
            06:45 EUR France Trade Balance (EUR) May
                Forecast: -7.7B Previous: -8.0B
            10:00 USD NFIB Business Optimism Index Jun
                Forecast: 98.9 Previous: 98.8
            14:00 CAD Ivey PMI Jun
                Forecast: 49.1 Previous: 48.9
            23:50 JPY Money Supply M2+CD Y/Y Jun
                Forecast: 0.20% Previous: 0.60%

            Wednesday, Jul 9, 2025

            GMT Ccy Events Consensus Previous
            01:30 CNY CPI Y/Y Jun -0.10% -0.10%
            01:30 CNY PPI Y/Y Jun -3.20% -3.30%
            02:00 NZD RBNZ Interest Rate Decision 3.25% 3.25%
            06:00 JPY Machine Tool Orders Y/Y Jun 3.40% 3.40%
            14:00 USD Wholesale Inventories May F -0.30% -0.30%
            14:30 USD Crude Oil Inventories 3.8M
            18:00 USD FOMC Minutes
            23:50 JPY PPI Y/Y Jun 3.20%
            GMT Ccy Events
            01:30 CNY CPI Y/Y Jun
                Forecast: -0.10% Previous: -0.10%
            01:30 CNY PPI Y/Y Jun
                Forecast: -3.20% Previous: -3.30%
            02:00 NZD RBNZ Interest Rate Decision
                Forecast: 3.25% Previous: 3.25%
            06:00 JPY Machine Tool Orders Y/Y Jun
                Forecast: 3.40% Previous: 3.40%
            14:00 USD Wholesale Inventories May F
                Forecast: -0.30% Previous: -0.30%
            14:30 USD Crude Oil Inventories
                Forecast: Previous: 3.8M
            18:00 USD FOMC Minutes
                Forecast: Previous:
            23:50 JPY PPI Y/Y Jun
                Forecast: Previous: 3.20%

            Thursday, Jul 10, 2025

            GMT Ccy Events Consensus Previous
            12:30 USD Initial Jobless Claims (Jul 4) 233K
            14:30 USD Natural Gas Storage 55B
            22:30 NZD Business NZ PMI Jun 47.5
            GMT Ccy Events
            12:30 USD Initial Jobless Claims (Jul 4)
                Forecast: Previous: 233K
            14:30 USD Natural Gas Storage
                Forecast: Previous: 55B
            22:30 NZD Business NZ PMI Jun
                Forecast: Previous: 47.5

            Friday, Jul 11, 2025

            GMT Ccy Events Consensus Previous
            06:00 EUR Germany CPI M/M Jun F 0% 0%
            06:00 EUR Germany CPI Y/Y Jun F 2% 2%
            06:00 GBP GDP M/M May -0.30%
            06:00 GBP Manufacturing Production M/M May -0.90%
            06:00 GBP Manufacturing Production Y/Y May 0.40%
            06:00 GBP Industrial Production Y/Y May -0.30%
            06:00 GBP Industrial Production M/M May -0.60%
            06:00 GBP Goods Trade Balance (GBP) May -23.2B
            12:30 CAD Net Change in Employment Jun 8.8K
            12:30 CAD Unemployment Rate Jun 7%
            12:30 CAD Building Permits M/M May -6.60%
            GMT Ccy Events
            06:00 EUR Germany CPI M/M Jun F
                Forecast: 0% Previous: 0%
            06:00 EUR Germany CPI Y/Y Jun F
                Forecast: 2% Previous: 2%
            06:00 GBP GDP M/M May
                Forecast: Previous: -0.30%
            06:00 GBP Manufacturing Production M/M May
                Forecast: Previous: -0.90%
            06:00 GBP Manufacturing Production Y/Y May
                Forecast: Previous: 0.40%
            06:00 GBP Industrial Production Y/Y May
                Forecast: Previous: -0.30%
            06:00 GBP Industrial Production M/M May
                Forecast: Previous: -0.60%
            06:00 GBP Goods Trade Balance (GBP) May
                Forecast: Previous: -23.2B
            12:30 CAD Net Change in Employment Jun
                Forecast: Previous: 8.8K
            12:30 CAD Unemployment Rate Jun
                Forecast: Previous: 7%
            12:30 CAD Building Permits M/M May
                Forecast: Previous: -6.60%

            Eco Data 7/4/25

              GMT Ccy Events Actual Consensus Previous Revised
              23:30 JPY Household Spending Y/Y May 4.70% 1.20% -0.10%
              06:00 EUR Germany Factory Orders M/M May -1.40% -0.20% 0.60%
              06:45 EUR France Industrial Output M/M May -0.50% 0.40% -1.40%
              07:00 CHF Unemployment Rate Jun 2.90% 2.90% 2.90% 2.80%
              08:30 GBP Construction PMI Jun 48.8 48.6 47.9
              09:00 EUR Eurozone PPI M/M May -0.60% -0.60% -2.20%
              09:00 EUR Eurozone PPI Y/Y May 0.30% 0.30% 0.70%
              GMT Ccy Events
              23:30 JPY Household Spending Y/Y May
                  Actual: 4.70% Forecast: 1.20%
                  Previous: -0.10% Revised:
              06:00 EUR Germany Factory Orders M/M May
                  Actual: -1.40% Forecast: -0.20%
                  Previous: 0.60% Revised:
              06:45 EUR France Industrial Output M/M May
                  Actual: -0.50% Forecast: 0.40%
                  Previous: -1.40% Revised:
              07:00 CHF Unemployment Rate Jun
                  Actual: 2.90% Forecast: 2.90%
                  Previous: 2.90% Revised: 2.80%
              08:30 GBP Construction PMI Jun
                  Actual: 48.8 Forecast: 48.6
                  Previous: 47.9 Revised:
              09:00 EUR Eurozone PPI M/M May
                  Actual: -0.60% Forecast: -0.60%
                  Previous: -2.20% Revised:
              09:00 EUR Eurozone PPI Y/Y May
                  Actual: 0.30% Forecast: 0.30%
                  Previous: 0.70% Revised:

              Eco Data 7/3/25

                GMT Ccy Events Actual Consensus Previous Revised
                00:30 JPY Services PMI Jun F 51.7 51.5 51.5
                01:30 AUD Trade Balance (AUD) May 2.24B 5.08B 5.41B 4.86B
                01:45 CNY Caixin Services PMI Jun 50.6 51 51.1
                06:30 CHF CPI M/M Jun 0.20% 0.10% 0.10%
                06:30 CHF CPI Y/Y Jun 0.10% -0.10% -0.10%
                07:50 EUR France Services PMI Jun F 49.6 48.7 48.7
                07:55 EUR Germany Services PMI Jun F 49.7 49.4 49.4
                08:00 EUR Eurozone Services PMI Jun F 50.5 50 50
                08:30 GBP Services PMI Jun F 52.8 51.3 51.3
                11:30 EUR ECB Meeting Accounts
                12:30 CAD Trade Balance (CAD) May -5.9B -6.0B -7.1B -7.6B
                12:30 USD Initial Jobless Claims (Jun 27) 233K 239K 236K 237K
                12:30 USD Nonfarm Payrolls Jun 147K 110K 139K 144K
                12:30 USD Unemployment Rate Jun 4.10% 4.30% 4.20%
                12:30 USD Average Hourly Earnings M/M Jun 0.20% 0.30% 0.40%
                12:30 USD Trade Balance (USD) May -71.5B -69.9B -61.6B -60.3B
                13:45 USD Services PMI Jun F 52.9 53.1 53.1
                14:00 USD ISM Services PMI Jun 50.8 50.3 49.9
                14:00 USD Factory Orders M/M May 8.20% 7.90% -3.70% -3.90%
                14:30 USD Natural Gas Storage 55B 48B 96B
                GMT Ccy Events
                00:30 JPY Services PMI Jun F
                    Actual: 51.7 Forecast: 51.5
                    Previous: 51.5 Revised:
                01:30 AUD Trade Balance (AUD) May
                    Actual: 2.24B Forecast: 5.08B
                    Previous: 5.41B Revised: 4.86B
                01:45 CNY Caixin Services PMI Jun
                    Actual: 50.6 Forecast: 51
                    Previous: 51.1 Revised:
                06:30 CHF CPI M/M Jun
                    Actual: 0.20% Forecast: 0.10%
                    Previous: 0.10% Revised:
                06:30 CHF CPI Y/Y Jun
                    Actual: 0.10% Forecast: -0.10%
                    Previous: -0.10% Revised:
                07:50 EUR France Services PMI Jun F
                    Actual: 49.6 Forecast: 48.7
                    Previous: 48.7 Revised:
                07:55 EUR Germany Services PMI Jun F
                    Actual: 49.7 Forecast: 49.4
                    Previous: 49.4 Revised:
                08:00 EUR Eurozone Services PMI Jun F
                    Actual: 50.5 Forecast: 50
                    Previous: 50 Revised:
                08:30 GBP Services PMI Jun F
                    Actual: 52.8 Forecast: 51.3
                    Previous: 51.3 Revised:
                11:30 EUR ECB Meeting Accounts
                    Actual: Forecast:
                    Previous: Revised:
                12:30 CAD Trade Balance (CAD) May
                    Actual: -5.9B Forecast: -6.0B
                    Previous: -7.1B Revised: -7.6B
                12:30 USD Initial Jobless Claims (Jun 27)
                    Actual: 233K Forecast: 239K
                    Previous: 236K Revised: 237K
                12:30 USD Nonfarm Payrolls Jun
                    Actual: 147K Forecast: 110K
                    Previous: 139K Revised: 144K
                12:30 USD Unemployment Rate Jun
                    Actual: 4.10% Forecast: 4.30%
                    Previous: 4.20% Revised:
                12:30 USD Average Hourly Earnings M/M Jun
                    Actual: 0.20% Forecast: 0.30%
                    Previous: 0.40% Revised:
                12:30 USD Trade Balance (USD) May
                    Actual: -71.5B Forecast: -69.9B
                    Previous: -61.6B Revised: -60.3B
                13:45 USD Services PMI Jun F
                    Actual: 52.9 Forecast: 53.1
                    Previous: 53.1 Revised:
                14:00 USD ISM Services PMI Jun
                    Actual: 50.8 Forecast: 50.3
                    Previous: 49.9 Revised:
                14:00 USD Factory Orders M/M May
                    Actual: 8.20% Forecast: 7.90%
                    Previous: -3.70% Revised: -3.90%
                14:30 USD Natural Gas Storage
                    Actual: 55B Forecast: 48B
                    Previous: 96B Revised:

                Eco Data 7/2/25

                  GMT Ccy Events Actual Consensus Previous Revised
                  23:50 JPY Monetary Base Y/Y Jun -3.50% -3.50% -3.40%
                  01:30 AUD Retail Sales M/M May 0.20% 0.30% -0.10% 0.00%
                  01:30 AUD Building Permits M/M May 3.20% 5.00% -5.70% -4.10%
                  09:00 EUR Eurozone Unemployment Rate May 6.30% 6.20% 6.20%
                  11:30 USD Challenger Job Cuts Y/Y Jun -1.60% 47.00%
                  12:15 USD ADP Employment Change Jun -33K 105K 37K 29K
                  13:30 CAD Manufacturing PMI Jun 45.6 46.1
                  14:30 USD Crude Oil Inventories 3.8M -3.5M -5.8M
                  GMT Ccy Events
                  23:50 JPY Monetary Base Y/Y Jun
                      Actual: -3.50% Forecast: -3.50%
                      Previous: -3.40% Revised:
                  01:30 AUD Retail Sales M/M May
                      Actual: 0.20% Forecast: 0.30%
                      Previous: -0.10% Revised: 0.00%
                  01:30 AUD Building Permits M/M May
                      Actual: 3.20% Forecast: 5.00%
                      Previous: -5.70% Revised: -4.10%
                  09:00 EUR Eurozone Unemployment Rate May
                      Actual: 6.30% Forecast: 6.20%
                      Previous: 6.20% Revised:
                  11:30 USD Challenger Job Cuts Y/Y Jun
                      Actual: -1.60% Forecast:
                      Previous: 47.00% Revised:
                  12:15 USD ADP Employment Change Jun
                      Actual: -33K Forecast: 105K
                      Previous: 37K Revised: 29K
                  13:30 CAD Manufacturing PMI Jun
                      Actual: 45.6 Forecast:
                      Previous: 46.1 Revised:
                  14:30 USD Crude Oil Inventories
                      Actual: 3.8M Forecast: -3.5M
                      Previous: -5.8M Revised:

                  Eco Data 7/1/25

                    GMT Ccy Events Actual Consensus Previous Revised
                    22:00 NZD NZIER Business Confidence Q2 22 19
                    22:45 NZD Building Permits M/M May 10.40% -15.60% -14.60%
                    23:01 GBP BRC Shop Price Index Y/Y Jun 0.40% -0.10%
                    23:50 JPY Tankan Large Manufacturing Index Q2 13 10 12
                    23:50 JPY Tankan Large Manufacturing Outlook Q2 12 9 12
                    23:50 JPY Tankan Non - Manufacturing Index Q2 34 34 35
                    23:50 JPY Tankan Non - Manufacturing Outlook Q2 27 29 28
                    23:50 JPY Tankan Large All Industry capex Q2 11.50% 3.10%
                    00:30 JPY Manufacturing PMI Jun F 50.1 50.4 50.4
                    01:45 CNY Caixin Manufacturing PMI Jun 50.4 49 48.3
                    05:00 JPY Consumer Confidence Index Jun 34.5 33.6 32.8
                    06:30 CHF Real Retail Sales Y/Y May 0.00% 0.80% 1.30%
                    07:30 CHF Manufacturing PMI Jun 49.6 44.2 42.1
                    07:50 EUR France Manufacturing PMI Jun F 48.1 47.8 47.8
                    07:55 EUR Germany Manufacturing PMI Jun F 49 49 49
                    07:55 EUR Germany Unemployment Change May 11K 18K 34K
                    07:55 EUR Germany Unemployment Rate May 6.30% 6.40% 6.30%
                    08:00 EUR Eurozone Manufacturing PMI Jun F 49.5 49.4 49.4
                    08:30 GBP Manufacturing PMI Jun F 47.7 47.7 47.7
                    09:00 EUR Eurozone CPI Y/Y Jun P 2.00% 2.00% 1.90%
                    09:00 EUR Eurozone CPI Core Y/Y Jun P 2.30% 2.30% 2.30%
                    13:45 USD Manufacturing PMI Jun F 52.9 52 52
                    14:00 USD ISM Manufacturing PMI Jun 49 48.8 48.5
                    14:00 USD ISM Manufacturing Prices Paid Jun 69.7 70.2 69.4
                    14:00 USD ISM Manufacturing Employment Index Jun 45 46.8
                    14:00 USD Construction Spending M/M May -0.30% -0.10% -0.40%
                    GMT Ccy Events
                    22:00 NZD NZIER Business Confidence Q2
                        Actual: 22 Forecast:
                        Previous: 19 Revised:
                    22:45 NZD Building Permits M/M May
                        Actual: 10.40% Forecast:
                        Previous: -15.60% Revised: -14.60%
                    23:01 GBP BRC Shop Price Index Y/Y Jun
                        Actual: 0.40% Forecast:
                        Previous: -0.10% Revised:
                    23:50 JPY Tankan Large Manufacturing Index Q2
                        Actual: 13 Forecast: 10
                        Previous: 12 Revised:
                    23:50 JPY Tankan Large Manufacturing Outlook Q2
                        Actual: 12 Forecast: 9
                        Previous: 12 Revised:
                    23:50 JPY Tankan Non - Manufacturing Index Q2
                        Actual: 34 Forecast: 34
                        Previous: 35 Revised:
                    23:50 JPY Tankan Non - Manufacturing Outlook Q2
                        Actual: 27 Forecast: 29
                        Previous: 28 Revised:
                    23:50 JPY Tankan Large All Industry capex Q2
                        Actual: 11.50% Forecast:
                        Previous: 3.10% Revised:
                    00:30 JPY Manufacturing PMI Jun F
                        Actual: 50.1 Forecast: 50.4
                        Previous: 50.4 Revised:
                    01:45 CNY Caixin Manufacturing PMI Jun
                        Actual: 50.4 Forecast: 49
                        Previous: 48.3 Revised:
                    05:00 JPY Consumer Confidence Index Jun
                        Actual: 34.5 Forecast: 33.6
                        Previous: 32.8 Revised:
                    06:30 CHF Real Retail Sales Y/Y May
                        Actual: 0.00% Forecast: 0.80%
                        Previous: 1.30% Revised:
                    07:30 CHF Manufacturing PMI Jun
                        Actual: 49.6 Forecast: 44.2
                        Previous: 42.1 Revised:
                    07:50 EUR France Manufacturing PMI Jun F
                        Actual: 48.1 Forecast: 47.8
                        Previous: 47.8 Revised:
                    07:55 EUR Germany Manufacturing PMI Jun F
                        Actual: 49 Forecast: 49
                        Previous: 49 Revised:
                    07:55 EUR Germany Unemployment Change May
                        Actual: 11K Forecast: 18K
                        Previous: 34K Revised:
                    07:55 EUR Germany Unemployment Rate May
                        Actual: 6.30% Forecast: 6.40%
                        Previous: 6.30% Revised:
                    08:00 EUR Eurozone Manufacturing PMI Jun F
                        Actual: 49.5 Forecast: 49.4
                        Previous: 49.4 Revised:
                    08:30 GBP Manufacturing PMI Jun F
                        Actual: 47.7 Forecast: 47.7
                        Previous: 47.7 Revised:
                    09:00 EUR Eurozone CPI Y/Y Jun P
                        Actual: 2.00% Forecast: 2.00%
                        Previous: 1.90% Revised:
                    09:00 EUR Eurozone CPI Core Y/Y Jun P
                        Actual: 2.30% Forecast: 2.30%
                        Previous: 2.30% Revised:
                    13:45 USD Manufacturing PMI Jun F
                        Actual: 52.9 Forecast: 52
                        Previous: 52 Revised:
                    14:00 USD ISM Manufacturing PMI Jun
                        Actual: 49 Forecast: 48.8
                        Previous: 48.5 Revised:
                    14:00 USD ISM Manufacturing Prices Paid Jun
                        Actual: 69.7 Forecast: 70.2
                        Previous: 69.4 Revised:
                    14:00 USD ISM Manufacturing Employment Index Jun
                        Actual: 45 Forecast:
                        Previous: 46.8 Revised:
                    14:00 USD Construction Spending M/M May
                        Actual: -0.30% Forecast: -0.10%
                        Previous: -0.40% Revised:

                    Eco Data 6/30/25

                      GMT Ccy Events Actual Consensus Previous Revised
                      23:50 JPY Industrial Production M/M May P 0.50% 3.40% -1.10%
                      01:00 AUD TD-MI Inflation Gauge M/M Jun 0.10% -0.40%
                      01:00 NZD ANZ Business Confidence Jun 46.3 36.6
                      01:30 AUD Private Sector Credit M/M May 0.50% 0.70% 0.70%
                      01:30 CNY NBS Manufacturing PMI Jun 49.7 49.7 49.5
                      01:30 CNY NBS Non-Manufacturing PMI Jun 50.5 50.3 50.3
                      05:00 JPY Housing Starts Y/Y May -34.40% -14.80% -26.60%
                      06:00 EUR Germany Import Price Index M/M May -0.70% -0.30% -1.70%
                      06:00 EUR Germany Retail Sales M/M May -1.60% 0.50% -1.10%
                      06:00 GBP GDP Q/Q Q1 0.70% 0.70% 0.70%
                      06:00 GBP Current Account (GBP) Q1 -23.5B -19.7B -21.0B
                      07:00 CHF KOF Economic Barometer Jun 96.1 99.3 98.5 98.6
                      08:00 EUR Eurozone M3 Money Supply Y/Y May 3.90% 4.00% 3.90%
                      08:30 GBP M4 Money Supply M/M May 0.20% 0.20% 0%
                      08:30 GBP Mortgage Approvals May 63K 61K 60K
                      12:00 EUR Germany CPI M/M Jun P 0.00% 0.20% 0.10%
                      12:00 EUR Germany CPI Y/Y Jun P 2.00% 2.10%
                      13:45 USD Chicago PMI Jun 40.4 42.7 40.5
                      GMT Ccy Events
                      23:50 JPY Industrial Production M/M May P
                          Actual: 0.50% Forecast: 3.40%
                          Previous: -1.10% Revised:
                      01:00 AUD TD-MI Inflation Gauge M/M Jun
                          Actual: 0.10% Forecast:
                          Previous: -0.40% Revised:
                      01:00 NZD ANZ Business Confidence Jun
                          Actual: 46.3 Forecast:
                          Previous: 36.6 Revised:
                      01:30 AUD Private Sector Credit M/M May
                          Actual: 0.50% Forecast: 0.70%
                          Previous: 0.70% Revised:
                      01:30 CNY NBS Manufacturing PMI Jun
                          Actual: 49.7 Forecast: 49.7
                          Previous: 49.5 Revised:
                      01:30 CNY NBS Non-Manufacturing PMI Jun
                          Actual: 50.5 Forecast: 50.3
                          Previous: 50.3 Revised:
                      05:00 JPY Housing Starts Y/Y May
                          Actual: -34.40% Forecast: -14.80%
                          Previous: -26.60% Revised:
                      06:00 EUR Germany Import Price Index M/M May
                          Actual: -0.70% Forecast: -0.30%
                          Previous: -1.70% Revised:
                      06:00 EUR Germany Retail Sales M/M May
                          Actual: -1.60% Forecast: 0.50%
                          Previous: -1.10% Revised:
                      06:00 GBP GDP Q/Q Q1
                          Actual: 0.70% Forecast: 0.70%
                          Previous: 0.70% Revised:
                      06:00 GBP Current Account (GBP) Q1
                          Actual: -23.5B Forecast: -19.7B
                          Previous: -21.0B Revised:
                      07:00 CHF KOF Economic Barometer Jun
                          Actual: 96.1 Forecast: 99.3
                          Previous: 98.5 Revised: 98.6
                      08:00 EUR Eurozone M3 Money Supply Y/Y May
                          Actual: 3.90% Forecast: 4.00%
                          Previous: 3.90% Revised:
                      08:30 GBP M4 Money Supply M/M May
                          Actual: 0.20% Forecast: 0.20%
                          Previous: 0% Revised:
                      08:30 GBP Mortgage Approvals May
                          Actual: 63K Forecast: 61K
                          Previous: 60K Revised:
                      12:00 EUR Germany CPI M/M Jun P
                          Actual: 0.00% Forecast: 0.20%
                          Previous: 0.10% Revised:
                      12:00 EUR Germany CPI Y/Y Jun P
                          Actual: 2.00% Forecast:
                          Previous: 2.10% Revised:
                      13:45 USD Chicago PMI Jun
                          Actual: 40.4 Forecast: 42.7
                          Previous: 40.5 Revised:

                      Summary 6/30 – 7/4

                        Monday, Jun 30, 2025

                        GMT Ccy Events Consensus Previous
                        23:50 JPY Industrial Production M/M May P 3.40% -1.10%
                        01:00 AUD TD-MI Inflation Gauge M/M Jun -0.40%
                        01:00 NZD ANZ Business Confidence Jun 36.6
                        01:30 AUD Private Sector Credit M/M May 0.70% 0.70%
                        01:30 CNY NBS Manufacturing PMI Jun 49.7 49.5
                        01:30 CNY NBS Non-Manufacturing PMI Jun 50.3 50.3
                        05:00 JPY Housing Starts Y/Y May -14.80% -26.60%
                        06:00 EUR Germany Import Price Index M/M May -0.30% -1.70%
                        06:00 EUR Germany Retail Sales M/M May 0.50% -1.10%
                        06:00 GBP GDP Q/Q Q1 0.70% 0.70%
                        06:00 GBP Current Account (GBP) Q1 -19.7B -21.0B
                        07:00 CHF KOF Economic Barometer Jun 99.3 98.5
                        08:00 EUR Eurozone M3 Money Supply Y/Y May 4.00% 3.90%
                        08:30 GBP M4 Money Supply M/M May 0.20% 0%
                        08:30 GBP Mortgage Approvals May 61K 60K
                        12:00 EUR Germany CPI M/M Jun P 0.20% 0.10%
                        12:00 EUR Germany CPI Y/Y Jun P 2.10%
                        13:45 USD Chicago PMI Jun 42.7 40.5
                        22:00 NZD NZIER Business Confidence Q2 19
                        22:45 NZD Building Permits M/M May -15.60%
                        23:01 GBP BRC Shop Price Index Y/Y Jun -0.10%
                        23:50 JPY Tankan Large Manufacturing Index Q2 10 12
                        23:50 JPY Tankan Large Manufacturing Outlook Q2 9 12
                        23:50 JPY Tankan Non - Manufacturing Index Q2 34 35
                        23:50 JPY Tankan Non - Manufacturing Outlook Q2 29 28
                        23:50 JPY Tankan Large All Industry capex Q2 3.10%
                        GMT Ccy Events
                        23:50 JPY Industrial Production M/M May P
                            Forecast: 3.40% Previous: -1.10%
                        01:00 AUD TD-MI Inflation Gauge M/M Jun
                            Forecast: Previous: -0.40%
                        01:00 NZD ANZ Business Confidence Jun
                            Forecast: Previous: 36.6
                        01:30 AUD Private Sector Credit M/M May
                            Forecast: 0.70% Previous: 0.70%
                        01:30 CNY NBS Manufacturing PMI Jun
                            Forecast: 49.7 Previous: 49.5
                        01:30 CNY NBS Non-Manufacturing PMI Jun
                            Forecast: 50.3 Previous: 50.3
                        05:00 JPY Housing Starts Y/Y May
                            Forecast: -14.80% Previous: -26.60%
                        06:00 EUR Germany Import Price Index M/M May
                            Forecast: -0.30% Previous: -1.70%
                        06:00 EUR Germany Retail Sales M/M May
                            Forecast: 0.50% Previous: -1.10%
                        06:00 GBP GDP Q/Q Q1
                            Forecast: 0.70% Previous: 0.70%
                        06:00 GBP Current Account (GBP) Q1
                            Forecast: -19.7B Previous: -21.0B
                        07:00 CHF KOF Economic Barometer Jun
                            Forecast: 99.3 Previous: 98.5
                        08:00 EUR Eurozone M3 Money Supply Y/Y May
                            Forecast: 4.00% Previous: 3.90%
                        08:30 GBP M4 Money Supply M/M May
                            Forecast: 0.20% Previous: 0%
                        08:30 GBP Mortgage Approvals May
                            Forecast: 61K Previous: 60K
                        12:00 EUR Germany CPI M/M Jun P
                            Forecast: 0.20% Previous: 0.10%
                        12:00 EUR Germany CPI Y/Y Jun P
                            Forecast: Previous: 2.10%
                        13:45 USD Chicago PMI Jun
                            Forecast: 42.7 Previous: 40.5
                        22:00 NZD NZIER Business Confidence Q2
                            Forecast: Previous: 19
                        22:45 NZD Building Permits M/M May
                            Forecast: Previous: -15.60%
                        23:01 GBP BRC Shop Price Index Y/Y Jun
                            Forecast: Previous: -0.10%
                        23:50 JPY Tankan Large Manufacturing Index Q2
                            Forecast: 10 Previous: 12
                        23:50 JPY Tankan Large Manufacturing Outlook Q2
                            Forecast: 9 Previous: 12
                        23:50 JPY Tankan Non - Manufacturing Index Q2
                            Forecast: 34 Previous: 35
                        23:50 JPY Tankan Non - Manufacturing Outlook Q2
                            Forecast: 29 Previous: 28
                        23:50 JPY Tankan Large All Industry capex Q2
                            Forecast: Previous: 3.10%

                        Tuesday, Jul 1, 2025

                        GMT Ccy Events Consensus Previous
                        00:30 JPY Manufacturing PMI Jun F 50.4 50.4
                        01:45 CNY Caixin Manufacturing PMI Jun 49 48.3
                        05:00 JPY Consumer Confidence Index Jun 33.6 32.8
                        06:30 CHF Real Retail Sales Y/Y May 0.80% 1.30%
                        07:30 CHF Manufacturing PMI Jun 44.2 42.1
                        07:50 EUR France Manufacturing PMI Jun F 47.8 47.8
                        07:55 EUR Germany Manufacturing PMI Jun F 49 49
                        07:55 EUR Germany Unemployment Change May 18K 34K
                        07:55 EUR Germany Unemployment Rate May 6.30%
                        08:00 EUR Eurozone Manufacturing PMI Jun F 49.4 49.4
                        08:30 GBP Manufacturing PMI Jun F 47.7 47.7
                        09:00 EUR Eurozone CPI Y/Y Jun P 2.00% 1.90%
                        09:00 EUR Eurozone CPI Core Y/Y Jun P 2.30% 2.30%
                        13:45 USD Manufacturing PMI Jun F 52 52
                        14:00 USD ISM Manufacturing PMI Jun 48.8 48.5
                        14:00 USD ISM Manufacturing Prices Paid Jun 70.2 69.4
                        14:00 USD ISM Manufacturing Employment Index Jun 46.8
                        14:00 USD Construction Spending M/M May -0.10% -0.40%
                        23:50 JPY Monetary Base Y/Y Jun -3.50% -3.40%
                        GMT Ccy Events
                        00:30 JPY Manufacturing PMI Jun F
                            Forecast: 50.4 Previous: 50.4
                        01:45 CNY Caixin Manufacturing PMI Jun
                            Forecast: 49 Previous: 48.3
                        05:00 JPY Consumer Confidence Index Jun
                            Forecast: 33.6 Previous: 32.8
                        06:30 CHF Real Retail Sales Y/Y May
                            Forecast: 0.80% Previous: 1.30%
                        07:30 CHF Manufacturing PMI Jun
                            Forecast: 44.2 Previous: 42.1
                        07:50 EUR France Manufacturing PMI Jun F
                            Forecast: 47.8 Previous: 47.8
                        07:55 EUR Germany Manufacturing PMI Jun F
                            Forecast: 49 Previous: 49
                        07:55 EUR Germany Unemployment Change May
                            Forecast: 18K Previous: 34K
                        07:55 EUR Germany Unemployment Rate May
                            Forecast: Previous: 6.30%
                        08:00 EUR Eurozone Manufacturing PMI Jun F
                            Forecast: 49.4 Previous: 49.4
                        08:30 GBP Manufacturing PMI Jun F
                            Forecast: 47.7 Previous: 47.7
                        09:00 EUR Eurozone CPI Y/Y Jun P
                            Forecast: 2.00% Previous: 1.90%
                        09:00 EUR Eurozone CPI Core Y/Y Jun P
                            Forecast: 2.30% Previous: 2.30%
                        13:45 USD Manufacturing PMI Jun F
                            Forecast: 52 Previous: 52
                        14:00 USD ISM Manufacturing PMI Jun
                            Forecast: 48.8 Previous: 48.5
                        14:00 USD ISM Manufacturing Prices Paid Jun
                            Forecast: 70.2 Previous: 69.4
                        14:00 USD ISM Manufacturing Employment Index Jun
                            Forecast: Previous: 46.8
                        14:00 USD Construction Spending M/M May
                            Forecast: -0.10% Previous: -0.40%
                        23:50 JPY Monetary Base Y/Y Jun
                            Forecast: -3.50% Previous: -3.40%

                        Wednesday, Jul 2, 2025

                        GMT Ccy Events Consensus Previous
                        01:30 AUD Retail Sales M/M May 0.30% -0.10%
                        01:30 AUD Building Permits M/M May 5.00% -5.70%
                        09:00 EUR Eurozone Unemployment Rate May 6.20% 6.20%
                        11:30 USD Challenger Job Cuts Y/Y Jun 47.00%
                        12:15 USD ADP Employment Change Jun 105K 37K
                        13:30 CAD Manufacturing PMI Jun 46.1
                        14:30 USD Crude Oil Inventories -5.8M
                        GMT Ccy Events
                        01:30 AUD Retail Sales M/M May
                            Forecast: 0.30% Previous: -0.10%
                        01:30 AUD Building Permits M/M May
                            Forecast: 5.00% Previous: -5.70%
                        09:00 EUR Eurozone Unemployment Rate May
                            Forecast: 6.20% Previous: 6.20%
                        11:30 USD Challenger Job Cuts Y/Y Jun
                            Forecast: Previous: 47.00%
                        12:15 USD ADP Employment Change Jun
                            Forecast: 105K Previous: 37K
                        13:30 CAD Manufacturing PMI Jun
                            Forecast: Previous: 46.1
                        14:30 USD Crude Oil Inventories
                            Forecast: Previous: -5.8M

                        Thursday, Jul 3, 2025

                        GMT Ccy Events Consensus Previous
                        00:30 JPY Services PMI Jun F 51.5 51.5
                        01:30 AUD Trade Balance (AUD) May 5.08B 5.41B
                        01:45 CNY Caixin Services PMI Jun 51 51.1
                        06:30 CHF CPI M/M Jun 0.10% 0.10%
                        06:30 CHF CPI Y/Y Jun -0.10%
                        07:50 EUR France Services PMI Jun F 48.7 48.7
                        07:55 EUR Germany Services PMI Jun F 49.4 49.4
                        08:00 EUR Eurozone Services PMI Jun F 50 50
                        08:30 GBP Services PMI Jun F 51.3 51.3
                        11:30 EUR ECB Meeting Accounts
                        12:30 CAD Trade Balance (CAD) May -6.0B -7.1B
                        12:30 USD Initial Jobless Claims (Jun 27) 239K 236K
                        12:30 USD Nonfarm Payrolls Jun 129K 139K
                        12:30 USD Unemployment Rate Jun 4.30% 4.20%
                        12:30 USD Average Hourly Earnings M/M Jun 0.30% 0.40%
                        12:30 USD Trade Balance (USD) May -69.9B -61.6B
                        12:30 USD Initial Jobless Claims 4-week average (Jun 27) 245K
                        12:30 USD Goods Trade Balance May $-96.6B
                        13:45 USD Services PMI Jun F 53.1 53.1
                        14:00 USD ISM Services PMI Jun 50.3 49.9
                        14:00 USD Factory Orders M/M May 7.90% -3.70%
                        14:30 USD Natural Gas Storage 96B
                        23:30 JPY Household Spending Y/Y May 1.20% -0.10%
                        GMT Ccy Events
                        00:30 JPY Services PMI Jun F
                            Forecast: 51.5 Previous: 51.5
                        01:30 AUD Trade Balance (AUD) May
                            Forecast: 5.08B Previous: 5.41B
                        01:45 CNY Caixin Services PMI Jun
                            Forecast: 51 Previous: 51.1
                        06:30 CHF CPI M/M Jun
                            Forecast: 0.10% Previous: 0.10%
                        06:30 CHF CPI Y/Y Jun
                            Forecast: Previous: -0.10%
                        07:50 EUR France Services PMI Jun F
                            Forecast: 48.7 Previous: 48.7
                        07:55 EUR Germany Services PMI Jun F
                            Forecast: 49.4 Previous: 49.4
                        08:00 EUR Eurozone Services PMI Jun F
                            Forecast: 50 Previous: 50
                        08:30 GBP Services PMI Jun F
                            Forecast: 51.3 Previous: 51.3
                        11:30 EUR ECB Meeting Accounts
                            Forecast: Previous:
                        12:30 CAD Trade Balance (CAD) May
                            Forecast: -6.0B Previous: -7.1B
                        12:30 USD Initial Jobless Claims (Jun 27)
                            Forecast: 239K Previous: 236K
                        12:30 USD Nonfarm Payrolls Jun
                            Forecast: 129K Previous: 139K
                        12:30 USD Unemployment Rate Jun
                            Forecast: 4.30% Previous: 4.20%
                        12:30 USD Average Hourly Earnings M/M Jun
                            Forecast: 0.30% Previous: 0.40%
                        12:30 USD Trade Balance (USD) May
                            Forecast: -69.9B Previous: -61.6B
                        12:30 USD Initial Jobless Claims 4-week average (Jun 27)
                            Forecast: Previous: 245K
                        12:30 USD Goods Trade Balance May
                            Forecast: Previous: $-96.6B
                        13:45 USD Services PMI Jun F
                            Forecast: 53.1 Previous: 53.1
                        14:00 USD ISM Services PMI Jun
                            Forecast: 50.3 Previous: 49.9
                        14:00 USD Factory Orders M/M May
                            Forecast: 7.90% Previous: -3.70%
                        14:30 USD Natural Gas Storage
                            Forecast: Previous: 96B
                        23:30 JPY Household Spending Y/Y May
                            Forecast: 1.20% Previous: -0.10%

                        Friday, Jul 4, 2025

                        GMT Ccy Events Consensus Previous
                        05:45 CHF Unemployment Rate Jun 2.90% 2.90%
                        06:00 EUR Germany Factory Orders M/M May -0.20% 0.60%
                        06:45 EUR France Industrial Output M/M May 0.40% -1.40%
                        08:30 GBP Construction PMI Jun 48.6 47.9
                        09:00 EUR Eurozone PPI M/M May -0.60% -2.20%
                        09:00 EUR Eurozone PPI Y/Y May 0.70%
                        GMT Ccy Events
                        05:45 CHF Unemployment Rate Jun
                            Forecast: 2.90% Previous: 2.90%
                        06:00 EUR Germany Factory Orders M/M May
                            Forecast: -0.20% Previous: 0.60%
                        06:45 EUR France Industrial Output M/M May
                            Forecast: 0.40% Previous: -1.40%
                        08:30 GBP Construction PMI Jun
                            Forecast: 48.6 Previous: 47.9
                        09:00 EUR Eurozone PPI M/M May
                            Forecast: -0.60% Previous: -2.20%
                        09:00 EUR Eurozone PPI Y/Y May
                            Forecast: Previous: 0.70%

                        Eco Data 6/27/25

                          GMT Ccy Events Actual Consensus Previous Revised
                          23:30 JPY Tokyo CPI Y/Y Jun 3.10% 3.40%
                          23:30 JPY Tokyo CPI Core Y/Y Jun 3.10% 3.40% 3.60%
                          23:30 JPY Tokyo CPI Core-Core Y/Y Jun 3.10% 3.30%
                          23:30 JPY Unemployment Rate May 2.50% 2.50% 2.50%
                          23:50 JPY Retail Trade Y/Y May 2.20% 2.40% 3.30% 3.50%
                          09:00 EUR Eurozone Economic Sentiment Indicator Jun 94 95.5 94.8
                          09:00 EUR Eurozone Services Sentiment Jun 2.9 1.6 1.5 1.8
                          09:00 EUR Eurozone Industrial Confidence Jun -12 -9.9 -10.3 -10.4
                          09:00 EUR Eurozone Consumer Confidence Jun F -15.3 -15.3 -15.3
                          12:30 CAD GDP M/M Apr -0.10% 0.00% 0.10% 0.20%
                          12:30 USD Personal Income M/M May -0.40% 0.20% 0.80% 0.70%
                          12:30 USD Personal Spending May -0.10% 0.20% 0.20%
                          12:30 USD PCE Price Index M/M May 0.10% 0.10% 0.10%
                          12:30 USD PCE Price Index Y/Y May 2.30% 2.30% 2.10% 2.20%
                          12:30 USD Core PCE Price Index M/M May 0.20% 0.10% 0.10%
                          12:30 USD Core PCE Price Index Y/Y May 2.70% 2.60% 2.50% 2.60%
                          14:00 USD UoM Consumer Sentiment Jun F 60.7 60.5 60.5
                          14:00 USD UoM 1-year Inflation Expectations Jun F 5.00% 5.10% 5.10%
                          GMT Ccy Events
                          23:30 JPY Tokyo CPI Y/Y Jun
                              Actual: 3.10% Forecast:
                              Previous: 3.40% Revised:
                          23:30 JPY Tokyo CPI Core Y/Y Jun
                              Actual: 3.10% Forecast: 3.40%
                              Previous: 3.60% Revised:
                          23:30 JPY Tokyo CPI Core-Core Y/Y Jun
                              Actual: 3.10% Forecast:
                              Previous: 3.30% Revised:
                          23:30 JPY Unemployment Rate May
                              Actual: 2.50% Forecast: 2.50%
                              Previous: 2.50% Revised:
                          23:50 JPY Retail Trade Y/Y May
                              Actual: 2.20% Forecast: 2.40%
                              Previous: 3.30% Revised: 3.50%
                          09:00 EUR Eurozone Economic Sentiment Indicator Jun
                              Actual: 94 Forecast: 95.5
                              Previous: 94.8 Revised:
                          09:00 EUR Eurozone Services Sentiment Jun
                              Actual: 2.9 Forecast: 1.6
                              Previous: 1.5 Revised: 1.8
                          09:00 EUR Eurozone Industrial Confidence Jun
                              Actual: -12 Forecast: -9.9
                              Previous: -10.3 Revised: -10.4
                          09:00 EUR Eurozone Consumer Confidence Jun F
                              Actual: -15.3 Forecast: -15.3
                              Previous: -15.3 Revised:
                          12:30 CAD GDP M/M Apr
                              Actual: -0.10% Forecast: 0.00%
                              Previous: 0.10% Revised: 0.20%
                          12:30 USD Personal Income M/M May
                              Actual: -0.40% Forecast: 0.20%
                              Previous: 0.80% Revised: 0.70%
                          12:30 USD Personal Spending May
                              Actual: -0.10% Forecast: 0.20%
                              Previous: 0.20% Revised:
                          12:30 USD PCE Price Index M/M May
                              Actual: 0.10% Forecast: 0.10%
                              Previous: 0.10% Revised:
                          12:30 USD PCE Price Index Y/Y May
                              Actual: 2.30% Forecast: 2.30%
                              Previous: 2.10% Revised: 2.20%
                          12:30 USD Core PCE Price Index M/M May
                              Actual: 0.20% Forecast: 0.10%
                              Previous: 0.10% Revised:
                          12:30 USD Core PCE Price Index Y/Y May
                              Actual: 2.70% Forecast: 2.60%
                              Previous: 2.50% Revised: 2.60%
                          14:00 USD UoM Consumer Sentiment Jun F
                              Actual: 60.7 Forecast: 60.5
                              Previous: 60.5 Revised:
                          14:00 USD UoM 1-year Inflation Expectations Jun F
                              Actual: 5.00% Forecast: 5.10%
                              Previous: 5.10% Revised:

                          Eco Data 6/26/25

                            GMT Ccy Events Actual Consensus Previous Revised
                            06:00 EUR Germany GfK Consumer Sentiment Jul -20.3 -19 -19.9 -20
                            12:30 USD Initial Jobless Claims (Jun 20) 236K 247K 245K
                            12:30 USD GDP Annualized Q1 F -0.50% -0.20% -0.20%
                            12:30 USD GDP Price Index Q1 F 3.80% 3.70% 3.70%
                            12:30 USD Goods Trade Balance (USD) May P -96.6B -91.9B -87.0B -87.0B
                            12:30 USD Wholesale Inventories May P -0.30% 0.10% 0.20%
                            12:30 USD Durable Goods Orders May 16.40% 6.80% -6.30% -6.60%
                            12:30 USD Durable Goods Orders ex Transport May 0.50% 0.10% 0.20% 0.10%
                            14:00 USD Pending Home Sales M/M May 1.80% 0.00% -6.30%
                            14:30 USD Natural Gas Storage 88B 95B
                            GMT Ccy Events
                            06:00 EUR Germany GfK Consumer Sentiment Jul
                                Actual: -20.3 Forecast: -19
                                Previous: -19.9 Revised: -20
                            12:30 USD Initial Jobless Claims (Jun 20)
                                Actual: 236K Forecast: 247K
                                Previous: 245K Revised:
                            12:30 USD GDP Annualized Q1 F
                                Actual: -0.50% Forecast: -0.20%
                                Previous: -0.20% Revised:
                            12:30 USD GDP Price Index Q1 F
                                Actual: 3.80% Forecast: 3.70%
                                Previous: 3.70% Revised:
                            12:30 USD Goods Trade Balance (USD) May P
                                Actual: -96.6B Forecast: -91.9B
                                Previous: -87.0B Revised: -87.0B
                            12:30 USD Wholesale Inventories May P
                                Actual: -0.30% Forecast: 0.10%
                                Previous: 0.20% Revised:
                            12:30 USD Durable Goods Orders May
                                Actual: 16.40% Forecast: 6.80%
                                Previous: -6.30% Revised: -6.60%
                            12:30 USD Durable Goods Orders ex Transport May
                                Actual: 0.50% Forecast: 0.10%
                                Previous: 0.20% Revised: 0.10%
                            14:00 USD Pending Home Sales M/M May
                                Actual: 1.80% Forecast: 0.00%
                                Previous: -6.30% Revised:
                            14:30 USD Natural Gas Storage
                                Actual: Forecast: 88B
                                Previous: 95B Revised:

                            Eco Data 6/25/25

                              GMT Ccy Events Actual Consensus Previous Revised
                              22:45 NZD Trade Balance (NZD) May 1235M 1060M 1426M 1285M
                              23:50 JPY Corporate Service Price Index Y/Y May 3.30% 3.10% 3.10% 3.40%
                              23:50 JPY BoJ Summary of Opinions
                              01:30 AUD Monthly CPI Y/Y May 2.10% 2.40% 2.40%
                              08:00 CHF UBS Economic Expectations Jun -2.1 -22
                              14:00 USD New Home Sales May 623K 692K 743K 722K
                              14:30 USD Crude Oil Inventories -5.8M -1.2M -11.5M
                              GMT Ccy Events
                              22:45 NZD Trade Balance (NZD) May
                                  Actual: 1235M Forecast: 1060M
                                  Previous: 1426M Revised: 1285M
                              23:50 JPY Corporate Service Price Index Y/Y May
                                  Actual: 3.30% Forecast: 3.10%
                                  Previous: 3.10% Revised: 3.40%
                              23:50 JPY BoJ Summary of Opinions
                                  Actual: Forecast:
                                  Previous: Revised:
                              01:30 AUD Monthly CPI Y/Y May
                                  Actual: 2.10% Forecast: 2.40%
                                  Previous: 2.40% Revised:
                              08:00 CHF UBS Economic Expectations Jun
                                  Actual: -2.1 Forecast:
                                  Previous: -22 Revised:
                              14:00 USD New Home Sales May
                                  Actual: 623K Forecast: 692K
                                  Previous: 743K Revised: 722K
                              14:30 USD Crude Oil Inventories
                                  Actual: -5.8M Forecast: -1.2M
                                  Previous: -11.5M Revised:

                              Eco Data 6/24/25

                                GMT Ccy Events Actual Consensus Previous Revised
                                08:00 EUR Germany IFO Business Climate Jun 88.4 88.2 87.5
                                08:00 EUR Germany IFO Current Assessment Jun 86.2 86.5 86.1
                                08:00 EUR Germany IFO Expectations Jun 90.7 89.5 88.9
                                12:30 CAD CPI M/M May 0.60% 0.50% -0.10%
                                12:30 CAD CPI Y/Y May 1.70% 1.70% 1.70%
                                12:30 CAD CPI Median Y/Y May 3.00% 3.00% 3.20% 3.10%
                                12:30 CAD CPI Trimmed Y/Y May 3.00% 3.00% 3.10%
                                12:30 CAD CPI Common Y/Y May 2.60% 2.40% 2.50%
                                12:30 USD Current Account (USD) Q1 -450B -444B -304B
                                13:00 USD S&P/CS Composite-20 HPI Y/Y Apr 3.40% 4.20% 4.10%
                                13:00 USD Housing Price Index M/M Apr -0.40% 0.10% -0.10% 0.00%
                                14:00 USD Consumer Confidence Jun 93 99.1 98 98.4
                                GMT Ccy Events
                                08:00 EUR Germany IFO Business Climate Jun
                                    Actual: 88.4 Forecast: 88.2
                                    Previous: 87.5 Revised:
                                08:00 EUR Germany IFO Current Assessment Jun
                                    Actual: 86.2 Forecast: 86.5
                                    Previous: 86.1 Revised:
                                08:00 EUR Germany IFO Expectations Jun
                                    Actual: 90.7 Forecast: 89.5
                                    Previous: 88.9 Revised:
                                12:30 CAD CPI M/M May
                                    Actual: 0.60% Forecast: 0.50%
                                    Previous: -0.10% Revised:
                                12:30 CAD CPI Y/Y May
                                    Actual: 1.70% Forecast: 1.70%
                                    Previous: 1.70% Revised:
                                12:30 CAD CPI Median Y/Y May
                                    Actual: 3.00% Forecast: 3.00%
                                    Previous: 3.20% Revised: 3.10%
                                12:30 CAD CPI Trimmed Y/Y May
                                    Actual: 3.00% Forecast: 3.00%
                                    Previous: 3.10% Revised:
                                12:30 CAD CPI Common Y/Y May
                                    Actual: 2.60% Forecast: 2.40%
                                    Previous: 2.50% Revised:
                                12:30 USD Current Account (USD) Q1
                                    Actual: -450B Forecast: -444B
                                    Previous: -304B Revised:
                                13:00 USD S&P/CS Composite-20 HPI Y/Y Apr
                                    Actual: 3.40% Forecast: 4.20%
                                    Previous: 4.10% Revised:
                                13:00 USD Housing Price Index M/M Apr
                                    Actual: -0.40% Forecast: 0.10%
                                    Previous: -0.10% Revised: 0.00%
                                14:00 USD Consumer Confidence Jun
                                    Actual: 93 Forecast: 99.1
                                    Previous: 98 Revised: 98.4

                                Eco Data 6/23/25

                                  GMT Ccy Events Actual Consensus Previous Revised
                                  23:00 AUD Manufacturing PMI Jun P 51 51
                                  23:00 AUD Services PMI Jun P 51.3 50.6
                                  00:30 JPY Manufacturing PMI Jun P 50.4 49.5 49.4
                                  00:30 JPY Services PMI Jun P 51.5 51
                                  07:15 EUR France Manufacturing PMI Jun P 47.8 49.8 49.8
                                  07:15 EUR France Services PMI Jun P 48.7 49.2 48.9
                                  07:30 EUR Germany Manufacturing PMI Jun P 49 48.8 48.3
                                  07:30 EUR Germany Services PMI Jun P 49.4 47.8 47.1
                                  08:00 EUR Eurozone Manufacturing PMI Jun P 49.4 49.7 49.4
                                  08:00 EUR Eurozone Services PMI Jun P 50 50.1 49.7
                                  08:30 GBP Manufacturing PMI Jun P 47.7 46.9 46.4
                                  08:30 GBP Services PMI Jun P 51.3 51.2 50.9
                                  13:45 USD Manufacturing PMI Jun P 52 51.1 52
                                  13:45 USD Services PMI Jun P 53.1 52.9 53.7
                                  14:00 USD Existing Home Sales May 4.03M 3.95M 4.00M
                                  GMT Ccy Events
                                  23:00 AUD Manufacturing PMI Jun P
                                      Actual: 51 Forecast:
                                      Previous: 51 Revised:
                                  23:00 AUD Services PMI Jun P
                                      Actual: 51.3 Forecast:
                                      Previous: 50.6 Revised:
                                  00:30 JPY Manufacturing PMI Jun P
                                      Actual: 50.4 Forecast: 49.5
                                      Previous: 49.4 Revised:
                                  00:30 JPY Services PMI Jun P
                                      Actual: 51.5 Forecast:
                                      Previous: 51 Revised:
                                  07:15 EUR France Manufacturing PMI Jun P
                                      Actual: 47.8 Forecast: 49.8
                                      Previous: 49.8 Revised:
                                  07:15 EUR France Services PMI Jun P
                                      Actual: 48.7 Forecast: 49.2
                                      Previous: 48.9 Revised:
                                  07:30 EUR Germany Manufacturing PMI Jun P
                                      Actual: 49 Forecast: 48.8
                                      Previous: 48.3 Revised:
                                  07:30 EUR Germany Services PMI Jun P
                                      Actual: 49.4 Forecast: 47.8
                                      Previous: 47.1 Revised:
                                  08:00 EUR Eurozone Manufacturing PMI Jun P
                                      Actual: 49.4 Forecast: 49.7
                                      Previous: 49.4 Revised:
                                  08:00 EUR Eurozone Services PMI Jun P
                                      Actual: 50 Forecast: 50.1
                                      Previous: 49.7 Revised:
                                  08:30 GBP Manufacturing PMI Jun P
                                      Actual: 47.7 Forecast: 46.9
                                      Previous: 46.4 Revised:
                                  08:30 GBP Services PMI Jun P
                                      Actual: 51.3 Forecast: 51.2
                                      Previous: 50.9 Revised:
                                  13:45 USD Manufacturing PMI Jun P
                                      Actual: 52 Forecast: 51.1
                                      Previous: 52 Revised:
                                  13:45 USD Services PMI Jun P
                                      Actual: 53.1 Forecast: 52.9
                                      Previous: 53.7 Revised:
                                  14:00 USD Existing Home Sales May
                                      Actual: 4.03M Forecast: 3.95M
                                      Previous: 4.00M Revised:

                                  Summary 6/23 – 6/27

                                    Monday, Jun 23, 2025

                                    GMT Ccy Events Consensus Previous
                                    23:00 AUD Manufacturing PMI Jun P 51
                                    23:00 AUD Services PMI Jun P 50.6
                                    00:30 JPY Manufacturing PMI Jun P 49.5 49.4
                                    00:30 JPY Services PMI Jun P 51
                                    07:15 EUR France Manufacturing PMI Jun P 49.8 49.8
                                    07:15 EUR France Services PMI Jun P 49.2 48.9
                                    07:30 EUR Germany Manufacturing PMI Jun P 48.8 48.3
                                    07:30 EUR Germany Services PMI Jun P 47.8 47.1
                                    08:00 EUR Eurozone Manufacturing PMI Jun P 49.7 49.4
                                    08:00 EUR Eurozone Services PMI Jun P 50.1 49.7
                                    08:30 GBP Manufacturing PMI Jun P 46.9 46.4
                                    08:30 GBP Services PMI Jun P 51.2 50.9
                                    13:45 USD Manufacturing PMI Jun P 51.1 52
                                    13:45 USD Services PMI Jun P 52.9 53.7
                                    14:00 USD Existing Home Sales May 3.95M 4.00M
                                    GMT Ccy Events
                                    23:00 AUD Manufacturing PMI Jun P
                                        Forecast: Previous: 51
                                    23:00 AUD Services PMI Jun P
                                        Forecast: Previous: 50.6
                                    00:30 JPY Manufacturing PMI Jun P
                                        Forecast: 49.5 Previous: 49.4
                                    00:30 JPY Services PMI Jun P
                                        Forecast: Previous: 51
                                    07:15 EUR France Manufacturing PMI Jun P
                                        Forecast: 49.8 Previous: 49.8
                                    07:15 EUR France Services PMI Jun P
                                        Forecast: 49.2 Previous: 48.9
                                    07:30 EUR Germany Manufacturing PMI Jun P
                                        Forecast: 48.8 Previous: 48.3
                                    07:30 EUR Germany Services PMI Jun P
                                        Forecast: 47.8 Previous: 47.1
                                    08:00 EUR Eurozone Manufacturing PMI Jun P
                                        Forecast: 49.7 Previous: 49.4
                                    08:00 EUR Eurozone Services PMI Jun P
                                        Forecast: 50.1 Previous: 49.7
                                    08:30 GBP Manufacturing PMI Jun P
                                        Forecast: 46.9 Previous: 46.4
                                    08:30 GBP Services PMI Jun P
                                        Forecast: 51.2 Previous: 50.9
                                    13:45 USD Manufacturing PMI Jun P
                                        Forecast: 51.1 Previous: 52
                                    13:45 USD Services PMI Jun P
                                        Forecast: 52.9 Previous: 53.7
                                    14:00 USD Existing Home Sales May
                                        Forecast: 3.95M Previous: 4.00M

                                    Tuesday, Jun 24, 2025

                                    GMT Ccy Events Consensus Previous
                                    08:00 EUR Germany IFO Business Climate Jun 88.2 87.5
                                    08:00 EUR Germany IFO Current Assessment Jun 86.5 86.1
                                    08:00 EUR Germany IFO Expectations Jun 89.5 88.9
                                    12:30 CAD CPI M/M May -0.10%
                                    12:30 CAD CPI Y/Y May 1.70%
                                    12:30 CAD CPI Median Y/Y May 3.20%
                                    12:30 CAD CPI Trimmed Y/Y May 3.10%
                                    12:30 CAD CPI Common Y/Y May 2.50%
                                    12:30 USD Current Account (USD) Q1 -444B -304B
                                    13:00 USD S&P/CS Composite-20 HPI Y/Y Apr 4.20% 4.10%
                                    13:00 USD Housing Price Index M/M Apr 0.10% -0.10%
                                    14:00 USD Consumer Confidence Jun 99.1 98.0
                                    22:45 NZD Trade Balance (NZD) May 1060M 1426M
                                    23:50 JPY Corporate Service Price Index Y/Y May 3.10% 3.10%
                                    23:50 JPY BoJ Summary of Opinions
                                    GMT Ccy Events
                                    08:00 EUR Germany IFO Business Climate Jun
                                        Forecast: 88.2 Previous: 87.5
                                    08:00 EUR Germany IFO Current Assessment Jun
                                        Forecast: 86.5 Previous: 86.1
                                    08:00 EUR Germany IFO Expectations Jun
                                        Forecast: 89.5 Previous: 88.9
                                    12:30 CAD CPI M/M May
                                        Forecast: Previous: -0.10%
                                    12:30 CAD CPI Y/Y May
                                        Forecast: Previous: 1.70%
                                    12:30 CAD CPI Median Y/Y May
                                        Forecast: Previous: 3.20%
                                    12:30 CAD CPI Trimmed Y/Y May
                                        Forecast: Previous: 3.10%
                                    12:30 CAD CPI Common Y/Y May
                                        Forecast: Previous: 2.50%
                                    12:30 USD Current Account (USD) Q1
                                        Forecast: -444B Previous: -304B
                                    13:00 USD S&P/CS Composite-20 HPI Y/Y Apr
                                        Forecast: 4.20% Previous: 4.10%
                                    13:00 USD Housing Price Index M/M Apr
                                        Forecast: 0.10% Previous: -0.10%
                                    14:00 USD Consumer Confidence Jun
                                        Forecast: 99.1 Previous: 98.0
                                    22:45 NZD Trade Balance (NZD) May
                                        Forecast: 1060M Previous: 1426M
                                    23:50 JPY Corporate Service Price Index Y/Y May
                                        Forecast: 3.10% Previous: 3.10%
                                    23:50 JPY BoJ Summary of Opinions
                                        Forecast: Previous:

                                    Wednesday, Jun 25, 2025

                                    GMT Ccy Events Consensus Previous
                                    01:30 AUD Monthly CPI Y/Y May 2.40% 2.40%
                                    08:00 CHF UBS Economic Expectations Jun -22
                                    14:00 USD New Home Sales May 692K 743K
                                    14:30 USD Crude Oil Inventories -11.5M
                                    GMT Ccy Events
                                    01:30 AUD Monthly CPI Y/Y May
                                        Forecast: 2.40% Previous: 2.40%
                                    08:00 CHF UBS Economic Expectations Jun
                                        Forecast: Previous: -22
                                    14:00 USD New Home Sales May
                                        Forecast: 692K Previous: 743K
                                    14:30 USD Crude Oil Inventories
                                        Forecast: Previous: -11.5M

                                    Thursday, Jun 26, 2025

                                    GMT Ccy Events Consensus Previous
                                    06:00 EUR Germany GfK Consumer Sentiment Jul -19 -19.9
                                    12:30 USD Initial Jobless Claims (Jun 20) 247K 245K
                                    12:30 USD GDP Annualized Q1 F -0.20% -0.20%
                                    12:30 USD GDP Price Index Q1 F 3.70% 3.70%
                                    12:30 USD Goods Trade Balance (USD) May P -91.9B -87.0B
                                    12:30 USD Wholesale Inventories May P 0.10% 0.20%
                                    12:30 USD Durable Goods Orders May 6.80% -6.30%
                                    12:30 USD Durable Goods Orders ex Transport May 0.10% 0.20%
                                    14:00 USD Pending Home Sales M/M May 0.00% -6.30%
                                    14:30 USD Natural Gas Storage 95B
                                    23:30 JPY Tokyo CPI Y/Y Jun 3.40%
                                    23:30 JPY Tokyo CPI Core Y/Y Jun 3.40% 3.60%
                                    23:30 JPY Tokyo CPI Core-Core Y/Y Jun 3.30%
                                    23:30 JPY Unemployment Rate May 2.50% 2.50%
                                    23:50 JPY Retail Trade Y/Y May 2.40% 3.30%
                                    GMT Ccy Events
                                    06:00 EUR Germany GfK Consumer Sentiment Jul
                                        Forecast: -19 Previous: -19.9
                                    12:30 USD Initial Jobless Claims (Jun 20)
                                        Forecast: 247K Previous: 245K
                                    12:30 USD GDP Annualized Q1 F
                                        Forecast: -0.20% Previous: -0.20%
                                    12:30 USD GDP Price Index Q1 F
                                        Forecast: 3.70% Previous: 3.70%
                                    12:30 USD Goods Trade Balance (USD) May P
                                        Forecast: -91.9B Previous: -87.0B
                                    12:30 USD Wholesale Inventories May P
                                        Forecast: 0.10% Previous: 0.20%
                                    12:30 USD Durable Goods Orders May
                                        Forecast: 6.80% Previous: -6.30%
                                    12:30 USD Durable Goods Orders ex Transport May
                                        Forecast: 0.10% Previous: 0.20%
                                    14:00 USD Pending Home Sales M/M May
                                        Forecast: 0.00% Previous: -6.30%
                                    14:30 USD Natural Gas Storage
                                        Forecast: Previous: 95B
                                    23:30 JPY Tokyo CPI Y/Y Jun
                                        Forecast: Previous: 3.40%
                                    23:30 JPY Tokyo CPI Core Y/Y Jun
                                        Forecast: 3.40% Previous: 3.60%
                                    23:30 JPY Tokyo CPI Core-Core Y/Y Jun
                                        Forecast: Previous: 3.30%
                                    23:30 JPY Unemployment Rate May
                                        Forecast: 2.50% Previous: 2.50%
                                    23:50 JPY Retail Trade Y/Y May
                                        Forecast: 2.40% Previous: 3.30%

                                    Friday, Jun 27, 2025

                                    GMT Ccy Events Consensus Previous
                                    09:00 EUR Eurozone Economic Sentiment Indicator Jun 95.5 94.8
                                    09:00 EUR Eurozone Services Sentiment Jun 1.5
                                    09:00 EUR Eurozone Industrial Confidence Jun -10.3
                                    09:00 EUR Eurozone Consumer Confidence Jun F -15.3 -15.3
                                    12:30 CAD GDP M/M Apr 0.00% 0.10%
                                    12:30 USD Personal Income M/M May 0.20% 0.80%
                                    12:30 USD Personal Spending May 0.20% 0.20%
                                    12:30 USD PCE Price Index M/M May 0.10%
                                    12:30 USD PCE Price Index Y/Y May 2.10%
                                    12:30 USD Core PCE Price Index M/M May 0.10% 0.10%
                                    12:30 USD Core PCE Price Index Y/Y May 2.50%
                                    14:00 USD UoM Consumer Sentiment Jun F 60.5 60.5
                                    14:00 USD UoM 1-year Inflation Expectations Jun F 5.10% 5.10%
                                    GMT Ccy Events
                                    09:00 EUR Eurozone Economic Sentiment Indicator Jun
                                        Forecast: 95.5 Previous: 94.8
                                    09:00 EUR Eurozone Services Sentiment Jun
                                        Forecast: Previous: 1.5
                                    09:00 EUR Eurozone Industrial Confidence Jun
                                        Forecast: Previous: -10.3
                                    09:00 EUR Eurozone Consumer Confidence Jun F
                                        Forecast: -15.3 Previous: -15.3
                                    12:30 CAD GDP M/M Apr
                                        Forecast: 0.00% Previous: 0.10%
                                    12:30 USD Personal Income M/M May
                                        Forecast: 0.20% Previous: 0.80%
                                    12:30 USD Personal Spending May
                                        Forecast: 0.20% Previous: 0.20%
                                    12:30 USD PCE Price Index M/M May
                                        Forecast: Previous: 0.10%
                                    12:30 USD PCE Price Index Y/Y May
                                        Forecast: Previous: 2.10%
                                    12:30 USD Core PCE Price Index M/M May
                                        Forecast: 0.10% Previous: 0.10%
                                    12:30 USD Core PCE Price Index Y/Y May
                                        Forecast: Previous: 2.50%
                                    14:00 USD UoM Consumer Sentiment Jun F
                                        Forecast: 60.5 Previous: 60.5
                                    14:00 USD UoM 1-year Inflation Expectations Jun F
                                        Forecast: 5.10% Previous: 5.10%

                                    Eco Data 6/20/25

                                      GMT Ccy Events Actual Consensus Previous Revised
                                      23:01 GBP GfK Consumer Confidence Jun -18 -20
                                      23:30 JPY National CPI Y/Y May 3.50% 3.60%
                                      23:30 JPY National CPI Core Y/Y May 3.70% 3.60% 3.50%
                                      23:30 JPY National CPI Core-Core Y/Y May 3.30% 3.00%
                                      23:50 JPY BoJ Meeting Minutes
                                      01:15 CNY 1-Y Loan Prime Rate 3.00% 3.00% 3.00%
                                      04:30 CNY 5-Y Loan Prime Rate 3.50% 3.50% 3.50%
                                      06:00 GBP Retail Sales M/M May -2.70% -0.50% 1.20% 1.30%
                                      06:00 EUR Germany PPI M/M May -0.20% -0.20% -0.60%
                                      06:00 EUR Germany PPI Y/Y May -1.20% -1.20% -0.90%
                                      06:00 GBP Public Sector Net Borrowing (GBP) May 17.7B 17.8B 20.2B 20.1B
                                      12:30 CAD Retail Sales M/M Apr 0.30% 0.50% 0.80%
                                      12:30 CAD Retail Sales ex Autos M/M Apr -0.30% -0.20% -0.70%
                                      12:30 CAD Raw Material Price Index May -0.40% -0.80% -3.00%
                                      12:30 CAD Industrial Product Price M/M May -0.50% -0.20% -0.80%
                                      12:30 CAD New Housing Price Index M/M May -0.20% -0.20% -0.40%
                                      12:30 USD Philadelphia Fed Manufacturing Jun -4 -0.5 -4
                                      14:00 EUR Eurozone Consumer Confidence Jun P -15 -15
                                      GMT Ccy Events
                                      23:01 GBP GfK Consumer Confidence Jun
                                          Actual: -18 Forecast:
                                          Previous: -20 Revised:
                                      23:30 JPY National CPI Y/Y May
                                          Actual: 3.50% Forecast:
                                          Previous: 3.60% Revised:
                                      23:30 JPY National CPI Core Y/Y May
                                          Actual: 3.70% Forecast: 3.60%
                                          Previous: 3.50% Revised:
                                      23:30 JPY National CPI Core-Core Y/Y May
                                          Actual: 3.30% Forecast:
                                          Previous: 3.00% Revised:
                                      23:50 JPY BoJ Meeting Minutes
                                          Actual: Forecast:
                                          Previous: Revised:
                                      01:15 CNY 1-Y Loan Prime Rate
                                          Actual: 3.00% Forecast: 3.00%
                                          Previous: 3.00% Revised:
                                      04:30 CNY 5-Y Loan Prime Rate
                                          Actual: 3.50% Forecast: 3.50%
                                          Previous: 3.50% Revised:
                                      06:00 GBP Retail Sales M/M May
                                          Actual: -2.70% Forecast: -0.50%
                                          Previous: 1.20% Revised: 1.30%
                                      06:00 EUR Germany PPI M/M May
                                          Actual: -0.20% Forecast: -0.20%
                                          Previous: -0.60% Revised:
                                      06:00 EUR Germany PPI Y/Y May
                                          Actual: -1.20% Forecast: -1.20%
                                          Previous: -0.90% Revised:
                                      06:00 GBP Public Sector Net Borrowing (GBP) May
                                          Actual: 17.7B Forecast: 17.8B
                                          Previous: 20.2B Revised: 20.1B
                                      12:30 CAD Retail Sales M/M Apr
                                          Actual: 0.30% Forecast: 0.50%
                                          Previous: 0.80% Revised:
                                      12:30 CAD Retail Sales ex Autos M/M Apr
                                          Actual: -0.30% Forecast: -0.20%
                                          Previous: -0.70% Revised:
                                      12:30 CAD Raw Material Price Index May
                                          Actual: -0.40% Forecast: -0.80%
                                          Previous: -3.00% Revised:
                                      12:30 CAD Industrial Product Price M/M May
                                          Actual: -0.50% Forecast: -0.20%
                                          Previous: -0.80% Revised:
                                      12:30 CAD New Housing Price Index M/M May
                                          Actual: -0.20% Forecast: -0.20%
                                          Previous: -0.40% Revised:
                                      12:30 USD Philadelphia Fed Manufacturing Jun
                                          Actual: -4 Forecast: -0.5
                                          Previous: -4 Revised:
                                      14:00 EUR Eurozone Consumer Confidence Jun P
                                          Actual: Forecast: -15
                                          Previous: -15 Revised:

                                      Eco Data 6/19/25

                                        GMT Ccy Events Actual Consensus Previous Revised
                                        22:45 NZD GDP Q/Q Q1 0.80% 0.70% 0.70% 0.50%
                                        01:30 AUD Employment Change May -2.5K 19.9K 89K 87.6K
                                        01:30 AUD Unemployment Rate May 4.10% 4.10% 4.10%
                                        06:00 CHF Trade Balance (CHF) May 3.83B 5.85B 6.36B
                                        07:30 CHF SNB Interest Rate Decision 0.00% 0.00% 0.25%
                                        11:00 GBP BoE Interest Rate Decision 4.25% 4.25% 4.25%
                                        GMT Ccy Events
                                        22:45 NZD GDP Q/Q Q1
                                            Actual: 0.80% Forecast: 0.70%
                                            Previous: 0.70% Revised: 0.50%
                                        01:30 AUD Employment Change May
                                            Actual: -2.5K Forecast: 19.9K
                                            Previous: 89K Revised: 87.6K
                                        01:30 AUD Unemployment Rate May
                                            Actual: 4.10% Forecast: 4.10%
                                            Previous: 4.10% Revised:
                                        06:00 CHF Trade Balance (CHF) May
                                            Actual: 3.83B Forecast: 5.85B
                                            Previous: 6.36B Revised:
                                        07:30 CHF SNB Interest Rate Decision
                                            Actual: 0.00% Forecast: 0.00%
                                            Previous: 0.25% Revised:
                                        11:00 GBP BoE Interest Rate Decision
                                            Actual: 4.25% Forecast: 4.25%
                                            Previous: 4.25% Revised:

                                        Eco Data 6/18/25

                                          GMT Ccy Events Actual Consensus Previous Revised
                                          22:45 NZD Current Account (NZD) Q1 -2.32B -2.19B -7.04B -6.80B
                                          23:50 JPY Trade Balance (JPY) May -0.31T -0.38T -0.41T -0.35T
                                          23:50 JPY Machinery Orders M/M Apr -9.10% -9.60% 13%
                                          01:00 AUD Westpac Leading Index M/M May -0.10% -0.01%
                                          06:00 GBP CPI M/M May 0.20% 0.20% 1.20%
                                          06:00 GBP CPI Y/Y May 3.40% 3.30% 3.50%
                                          06:00 GBP Core CPI Y/Y May 3.50% 3.50% 3.80%
                                          06:00 GBP RPI M/M May 0.20% 1.70%
                                          06:00 GBP RPI Y/Y May 4.30% 4.20% 4.50%
                                          08:00 EUR Eurozone Current Account (EUR) Apr 19.8B 40.4B 50.9B
                                          09:00 EUR Eurozone CPI Y/Y May F 1.90% 1.90% 1.90%
                                          09:00 EUR Eurozone CPI Core Y/Y May F 2.30% 2.30% 2.30%
                                          12:30 USD Initial Jobless Claims (Jun 13) 245K 246K 248K 250K
                                          12:30 USD Housing Starts May 1.26M 1.35M 1.36M 1.39M
                                          12:30 USD Building Permits May 1.39M 1.42M 1.42M
                                          14:30 USD Crude Oil Inventories -11.5M -2.3M -3.6M
                                          16:00 USD Natural Gas Storage 95B 96B 109B
                                          18:00 USD Fed Interest Rate Decision 4.50% 4.50% 4.50%
                                          18:30 USD FOMC Press Conference
                                          GMT Ccy Events
                                          22:45 NZD Current Account (NZD) Q1
                                              Actual: -2.32B Forecast: -2.19B
                                              Previous: -7.04B Revised: -6.80B
                                          23:50 JPY Trade Balance (JPY) May
                                              Actual: -0.31T Forecast: -0.38T
                                              Previous: -0.41T Revised: -0.35T
                                          23:50 JPY Machinery Orders M/M Apr
                                              Actual: -9.10% Forecast: -9.60%
                                              Previous: 13% Revised:
                                          01:00 AUD Westpac Leading Index M/M May
                                              Actual: -0.10% Forecast:
                                              Previous: -0.01% Revised:
                                          06:00 GBP CPI M/M May
                                              Actual: 0.20% Forecast: 0.20%
                                              Previous: 1.20% Revised:
                                          06:00 GBP CPI Y/Y May
                                              Actual: 3.40% Forecast: 3.30%
                                              Previous: 3.50% Revised:
                                          06:00 GBP Core CPI Y/Y May
                                              Actual: 3.50% Forecast: 3.50%
                                              Previous: 3.80% Revised:
                                          06:00 GBP RPI M/M May
                                              Actual: 0.20% Forecast:
                                              Previous: 1.70% Revised:
                                          06:00 GBP RPI Y/Y May
                                              Actual: 4.30% Forecast: 4.20%
                                              Previous: 4.50% Revised:
                                          08:00 EUR Eurozone Current Account (EUR) Apr
                                              Actual: 19.8B Forecast: 40.4B
                                              Previous: 50.9B Revised:
                                          09:00 EUR Eurozone CPI Y/Y May F
                                              Actual: 1.90% Forecast: 1.90%
                                              Previous: 1.90% Revised:
                                          09:00 EUR Eurozone CPI Core Y/Y May F
                                              Actual: 2.30% Forecast: 2.30%
                                              Previous: 2.30% Revised:
                                          12:30 USD Initial Jobless Claims (Jun 13)
                                              Actual: 245K Forecast: 246K
                                              Previous: 248K Revised: 250K
                                          12:30 USD Housing Starts May
                                              Actual: 1.26M Forecast: 1.35M
                                              Previous: 1.36M Revised: 1.39M
                                          12:30 USD Building Permits May
                                              Actual: 1.39M Forecast: 1.42M
                                              Previous: 1.42M Revised:
                                          14:30 USD Crude Oil Inventories
                                              Actual: -11.5M Forecast: -2.3M
                                              Previous: -3.6M Revised:
                                          16:00 USD Natural Gas Storage
                                              Actual: 95B Forecast: 96B
                                              Previous: 109B Revised:
                                          18:00 USD Fed Interest Rate Decision
                                              Actual: 4.50% Forecast: 4.50%
                                              Previous: 4.50% Revised:
                                          18:30 USD FOMC Press Conference
                                              Actual: Forecast:
                                              Previous: Revised: