September 20 – 26, 2025 – Currency Thoughts
Next Week’s Menu: September 20 – 26, 2025
September 19, 2025
Central Banks: Interest rate reviews are scheduled in China, Switzerland, Sweden, Mexico, Hungary and the Czech Republic. Minutes will be published from the Bank of Japan Board meeting. Many officials from the Federal Reserve (Powell, Williams, Bowman, Daly, Musalem, Barkin, Barr, Bostic and Goolsbee) and the European Central Bank ( Lagarde, Lane, Nagel, Cipollone, and Machado) have public speaking engagements during the week. So do Pill, Bailey and Greene of the Bank of England, Bullock of the Reserve Bank of Australia and Noguchi of the Bank of Japan.
Events and Holidays: There is an EcoFin meeting at the start of the week. General Debate at U.N. begins on Tuesday. Japanese markets will be closed on September 23rd to observe the Autumnal Equinox holiday.
Scheduled U.S. Data Releases: Preliminary September purchasing manager survey results, the second-quarter current account, revised 2Q GDP, the Richmond and K.C. Fed manufacturing surveys, personal income, personal consumption expenditures, the PCE price deflator, new home sales, existing home sales, durable goods orders, the advanced trade deficit estimate and the revised U. Michigan/Reuters consumer sentiment index. Weekly jobless insurance claims, energy inventories, mortgage applications and chain store sales.
Euroland Releases: September preliminary purchasing manager surveys, consumer confidence, car sales, money growth and bank lending.
Members of the Euro Area: German, Austrian and French PMI surveys. Spanish, Finnish, Estonian, Slovakian, and Irish producer prices. German, French, Italian, Dutch and Belgian consumer confidence. Spanish GDP, Dutch current account and IFO Institute survey of German business climate. Belgian and Italian business confidence. Lithuanian industrial production and retail sales.
U.K. and Switzerland: British PMI surveys, industrial trends survey, and distributive trades survey. Swiss current account and investor sentiment.
Nordic Europe: Danish retail sales and consumer confidence. Swedish trade balance and producer prices. Icelandic PPI and CPI.
Eastern Europe: Czech consumer sentiment and business confidence. Russian industrial production and corporate profits. Hungarian current account and Polish retail sales.
Japanese Data: PMI surveys, corporate service prices, Tokyo consumer prices and the revised index of leading economic indicators.
Selected Other Asian Releases: Consumer prices in Hong Kong and Singapore. India’s index of leading economic indicators and PMI surveys. Hong Kong trade balance, Singaporean industrial production and China’s index of leading economic indicators. South Korean consumer sentiment and PPI.
Turkey, Australia and South Africa: Turkish business sentiment and consumer confidence. Australia’s preliminary purchasing manager surveys. South African producer prices and index of leading economic indicators.
Canada, Mexico and Brazil: Canadian monthly GDP, industrial production, and new home prices. Mexican CPI, trade balance, retail sales, and index of economic activity. Brazilian consumer confidence.
Copyright 2025, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: Economic Data Calendar
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