May 24-30, 2025 – Currency Thoughts
Next Week’s Menu: May 24-30, 2025
May 23, 2025
Central Banks: Monetary policies will be reviewed in Israel, Kyrgyzstan, South Africa, New Zealand, South Korea, and Hungary. Fed officials speaking publicly include Chairman Powell and also Bostic, Goolsbee, Waller, Kashkari, Waller, and Williams. FOMC minutes will be published.
Holidays: The U.S. Memorial Day and late spring British bank holidays fall on Monday. Some European countries will be observing Ascension Day on Thursday.
Scheduled U.S. Economic Data Releases: Quarterly GDP and PCE price deflator. Monthly house prices, pending home sales, durable goods orders, consumer confidence (U. Michigan & Conference Board indices), Richmond Fed manufacturing index, personal income, personal spending, monthly PCE price deflator, Chicago PMI and the early estimate of the goods trade deficit. Weekly jobless insurance claims, mortgage applications, chain store sales, and energy inventories.
Euroland Releases: Economic sentiment, consumer confidence, consumer prices, car sales, and money and credit growth.
Members of the Euro Area: German, Spanish, French, and Italian consumer prices. French, Italian, Spanish, Finnish, Cypriot,k Slovakian, and Austrian producer prices. French, Italian, Estonian, Latvian, Portuguese, and Belgian GDP. German, Estonian, Latvian, Spanish and Lithuanian retail sales. Croatian and Cypriot industrial production. Spanish and Slovenian current accounts. German, Italian, Portuguese, and Finnish consumer prices. Italian and Spanish business sentiment. German unemployment and import prices. Austrian manufacturing purchasing managers index and French household consumption.
U.K. and Switzerland: British shop prices, nationwide house price index and distributive trades survey. Swiss retail sales, trade balance, KOF leading economic indicators, and business sentiment.
Eastern Europe: Czech business sentiment, consumer confidence and GD:. Bulgarian and Russian producer prices. Russian industrial production and Polish retail sales. Czech GDP.
Nordic Europe: Swedish, Danish and Norwegian retail sales. Icelandic GDP, unemployment and CPI. Swedish PPI, trade balance and consumer confidence.
Japanese and Chinese Releases: Japanese retail sales, industrial production, unemployment, housing starts, construction orders, corporate service prices Tokyo CPI, consumer confidence and index of leading economic indicators. Chinese corporate profits and foreign direct investment.
Selected Other Asian Release: South Korean and Singaporean industrial production. Malaysian and Singaporean PPI. South Korean retail sales, consumer confidence, and business sentiment. Hong Kong’s trade balance and Indian GDP.
Australia and New Zealand: Australian business investment, retail sales, private credit growth, and construction completions. New Zealand housing permits and business confidence.
South Africa and Turkey: South African PPI, trade balance, leading business cycle indicator and money and credit growth. Turkish economic sentiment, GDP, unemployment and trade balance.
Canada and Brazil: Canadian GDP (first quarter and March), industrial production, current account and manufacturing sales. Brazilian GDP and unemployment.
Copyright 2025, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: Economic Data Calendar
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