March 1-7, 2025 – Currency Thoughts
Next Week’s Menu: March 1-7, 2025
February 28, 2025
Central Banks: Interest rate policies will be reviewed in Malaysia, Turkey and at the European Central Bank. ECB President Lagarde will hold a press conference, and the bank’s macro forecasts will be updated. Goolsbee, Williams, Barker and Bostic are some of the Fed officials speaking publicly during the period. The Beige Book of U.S. regional economic conditions will be published, and so will minutes from the last Australian central bank policy review.
Events: The holy Islamic month of Ramadan starts this evening and runs through March 30th. Annual meetings of China’s People’s Political Committee and the National People’s Congress start Wednesday.
Purchasing Manager Surveys: Over 70 surveys covering manufacturing, services and construction will be reported during the period.
Scheduled U.S. Economic Data Releases: Quarterly productivity and unit labor costs. Monthly labor market situation report, construction spending, factory orders, ADP private jobs estimate, motor vehicle sales, and consumer credit. Weekly jobless insurance claims, mortgage applications, energy inventories and chain store sales.
Euroland Releases: Fourth-quarter GDP and employment. Weekly consumer prices, unemployment, producer prices, and Sentix measure of investor sentiment.
Members of the Euro Area: Cypriot, Croatian, Irish, Austrian, Estonian, and Italian GDP. Portuguese, Italian, Dutch, and Cypriot retail sales. Spanish, French, Irish, Latvian, Croatian, and Estonian industrial production. German factory orders, Slovenia’s trade balance, Ireland’s current account and Italian unemployment. Cypriot and Estonian consumer prices.
U.K. and Switzerland: British shop prices, Halifax house price index, mortgage applications, and M4 money growth. Swiss consumer prices and unemployment.
Eastern Europe: Hungarian, Romanian, and Bulgarian GDP and retail sales. Hungarian trade balance and industrial production. Russian business confidence.
Nordic Europe: Norwegian and Danish industrial production. Sweden’s current account.
Japanese and South Korean Releases: Japanese quarterly business investment and monthly monetary base, international reserves and unemployment. South Korean retail sales, industrial production, GDP, CPI, current account and index of leading economic indicators.
Selected Other Asian Releases: Indonesian and Filipino consumer prices. Singaporean retail sales. Chinese reserves and trade balance.
Australia and New Zealand: Australian and New Zealand building permits. Australian GDP, retail sales, current account and trade balance.
South Africa and Turkey: South African GDP, current account and business confidence. Turkish CPI, PPI and trade balance.
Canada, Brazil and Mexico: Canadian monthly labor market data and quarterly productivity, unit labor costs and capacity utilization. Brazilian PPI and trade balance. Mexican CPI.
Copyright 2025, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: Economic Data Calendar
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