Second Quarter Euroland GDP Growth and Some Central Bank Rate Announcements – Currency Thoughts

April 19-25, 2025 – Currency Thoughts


Next Week’s Menu: April 19-25, 2025

April 18, 2025

Central Banks: Interest rate policies will be reviewed in China, Indonesia and Russia. The Federal Reserve Beige Book of regional economic conditions gets published, and Chicago Fed President Goolsbee speaks publicly. So will Bailey and Lombardelli of the Bank of England and Dutch Central Bank President Knot.

Holidays and Special Events: Easter Monday will be observed in the U.K., Australia, Great Britain, Germany, France, Italy and Italy. On Friday, Australians celebrate ANZAC Day, and Italians observe Liberation Day. With a theme of “Jobs — The Path to Prosperity,” the spring meetings of the IMF and World Bank run all week. This will be the last full week of Canada’s Parliamentary election campaign scheduled for April 28.

Scheduled U.S. Data Releases: Preliminary April purchasing manager survey results, existing and new home sales, the Richmond and Kansas City Fed manufacturing indices, the Chicago Fed National Activity index, durable goods orders, the U. Michigan index of consumer confidence and the index of leading economic indicators.

Japanese Releases: Preliminary PMI findings, Tokyo consumer prices, corporate service prices, the tertiary index, and the indices of leading and coincident economic indicators.

Other Asian Releases: Indian PMIs, Indonesian trade balance, Hong Kong unemployment, Singapore industrial production and China’s index of leading economic indicators. South Korean GDP, PPI, and business sentiment.

Euroland Releases: Preliminary PMIs, trade balance,, and construction output.

Members of the Euro Area: German and French PMI findings. French and Spanish producer prices. Dutch, Belgian, Slovenian, Spanish and French consumer confidence. French and Belgian business confidence. German IFO business climate index.

U.K. and Switzerland: British retail sales, consumer confidence, preliminary PMIs, and industrial trends and distributive trades indices. Swiss ZEW index of investor sentiment.

Eastern and Nordic Europe: Polish and Russian industrial production. Danish and Czech consumer confidence. Icelandic PPI.

Australian, New Zealand, Turkey and South Africa: Australian PMIs and New Zealand’s trade balance. South African producer prices and leading business cycle index. Turkish consumer sentiment.

Canadian and Mexican Releases: Canadian and Mexican retail sales. Canadian PPI and home prices. Mexico’s economic activity index.

Copyright 2025, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

 

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