May 3-9, 2025 – Currency Thoughts
Next Week’s Menu: May 3-9, 2025
May 2, 2025
Central Banks: The Federal Reserve leads a lengthy list of central banks reviewing their interest rate stances, including the Bank of England and monetary authorities in Sweden, Norway, the Czech Republic, Armenia, Georgia, Serbia, Malaysia, Poland, Brazil and Peru. Fed Chairman Powell and Bank of England Governor Bailey will hold press conference after their decision. Other Fed officials speaking publicly during the period include Williams, Barr, Kugler, Goolsbee and Waller. Bank of Japan Board minutes will be published.
Holiday Closures: Japan on Monday and Tuesday for the Golden Week observances of Greenery Day and Children’s Day. France celebrates V-E Day on Thursday.
Purchasing Manager Surveys: Covering service and construction sector activities and manufacturing in those economies that still haven’t reported those PMIs.
Scheduled U.S. Data Releases: Quarterly productivity and unit labor costs. Monthly trade balance. Weekly energy inventories, chain store sales, jobless insurance claims and mortgage applications.
Euroland Releases: Producer prices, retail sales and the Sentix measure of investor confidence.
Members of the Euro Area: German, French, Italian, Spanish, Estonian, Slovenian, Slovakian, Austrian, Latvian, Irish, and Finnish industrial production. Estonian, Irish and Lithuanian consumer prices. German, French, Portuguese, Austrian, Slovakian and Slovenian trade balances. German industrial orders, French current account, Spain’s index of leading economic indicators, Croatian producer prices, and Austrian wholesale prices. Italian, and Slovakian retail sales.
U.K. and Switzerland: British same store sales, Halifax house price index and Royal Institute of Chartered Surveyors’ house price balance. SWiss CPI.
Eastern Europe: Romanian, Czech, and Hungarian retail sales. Czech, Hungarian and Bulgarian industrial production. Romanian PPI and Czech trade balance.
Nordic Europe: Norwegian and Danish industrial production. Norwegian CPI and PPI. Denmark’s current account.
Japanese and Chinese Releases: Japanese machine tool orders, household spending, labor cash earnings, and index of leading economic indicators. Japanese and Chinese reserves. Chinese trade balance, foreign direct investment, money growth, and bank lending.
Other Asia: South Korean and Indian current accounts. Filipino CPI, Malaysian industrial production, Singaporean retail sales, Indonesian GDP and South Korea’s index of leading economic indicators.
Australia and New Zealand: Australian building permits and New Zealand unemployment.
Turkey and South Africa: Turkish CPI, PPI and industrial production. South African factory output.
Brazil and Mexico: Brazilian and Mexican consumer prices. Brazilian PPI and industrial production. Mexican consumer confidence.
Canadian Releases: Unemployment, job growth, average wage inflation, and the trade balance.
Copyright 2025, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: Economic Data Calendar
ShareThisYou can leave a response, or trackback from your own site.
