FX Economic Calendar

September 15 - September 19, 2025 Economic report and policy meetings

 

Monday, September 15^th

Australia: RBA Hunter Speech

Brazil: IBC-BR Economic Activity

Canada: Manufacturing Sales MoM Final – Jul, New Motor Vehicle Sales – Jul, Wholesale Sales, MoM Final – Jul

Euro-Zone: Balance of Trade – Jul, ECB Survey of Monetary Analysts, ECB Schnabel Speech, ECB President Lagarde Speech

    Germany: Wholesale Prices MoM – Aug, Wholesale Prices YoY – Aug

    Italy: Balance of Trade – Jul

China: Industrial Production YoY – Q2

India: WPI Food Index YoY – Aug, WPI Fuel YoY – Aug, WPI Inflation YoY – Aug, WPI Manufacturing YoY – Aug, Balance of Trade – Aug, Exports – Aug, Imports – Aug, Unemployment Rate – Aug,

Korea: Export Prices YoY – Aug, Import Prices YoY – Aug

New Zealand: Food Inflation YoY – Aug

Switzerland: Producer & Import Prices MoM – Aug, Producer & Import Prices YoY – Aug

South Africa: Inflation Expectations – Q3

U.S.: NY Empire State Manufacturing Index – Sep, 3-Month Bill Auction, 6-Month Bill Auction

 

Tuesday, September 16^th  

Australia: Westpac Leading index MoM – Aug, RBA Hauser Speech, RBA Jones Speech

Brazil: Unemployment Rate – Jul

Canada: Inflation Rate YoY – Aug, Core Inflation Rate YoY – Aug, Inflation Rate MoM– Aug, CPI Median YoY – Aug, CPI Trimmed-Mean YoY – Aug

China: FDI (YTD) YOY 0 Aug, Hong Kong Unemployment Rate – Aug

Euro-Zone: Industrial Production MoM – Jul, ZEW Economic Sentiment Index – Sep, Industrial Production YoY – Jul, Labor Cost Index YoY Final – Q2, Wage Growth YoY – Q2

    Germany: ZEW Economic Sentiment Index – Sep, ZEW Current Conditions – Sep

    Italy: Harmonized Inflation Rate MoM Final – Aug, Harmonized Inflation Rate YoY Final – Aug, Inflation Rate MoM Final – Aug, Inflation Rate YoY Final – Aug

Japan: Tertiary Industry Index MoM – Jul, Balance of Trade – Aug, Exports YoY – Aug, Imports YoY – Aug  

New Zealand: Current Account, Global Dairy Trade Price Index – Sep/16, Westpac Consumer Confidence – Q3

Singapore: Non-Oil Exports MoM – Aug, Non-Oil Exports YoY– Aug, Balance of Trade – Aug, Unemployment Rate Final – Q2

U.K.: Unemployment Rate – Jul, Employment Change – Jul, Average Weekly Earnings incl. bonus (3Mo/Yr) – Jul, Average Weekly Earnings excl. bonus (3Mo/Yr) – Jul, HRMC Payrolls Change – Aug, Claimant Count Change – Aug

U.S.: Retail Sales MoM – Ag, Export Prices MoM – Aug, Import Prices MoM – Aug, Retail Sales Control Group MoM – Aug, Retail Sales Ex Autos MoM – Aug, Export Prices YoY – Aug, Import Prices YoY – Aug, Retail Sales Ex Gas/Autos MoM – Aug, Retail Sales YoY – Aug, Industrial production MoM 0 Aug, Capacity Utilization, Industrial Production YoY – Aug, Manufacturing Production MoM – Aug, Manufacturing Production YoY– Aug, Business Inventories MoM – Jul, NAHB Housing Market Index, Retail Inventories Ex Autos MoM – Jul, API Crude Oil Stock Change, 20-Year Bond Auction

 

Wednesday, September 17^th

Australia: Employment Change – Aug, Unemployment Rate – Aug, Part-time Employment Change – Aug, Participation Rate – Aug

Brazil: Interest Rate Decision

Canada: BoC Interest Rate Decision, BoC Press Conference

Euro-Zone: Core Inflation Rate YoY Final – Aug, CPI Final – Aug, Inflation Rate MoM Final – Aug, Inflation Rate YoY Final – Aug, ECB President Lagarde Speech, ECB Cipollone Speech

    Germany: Bundesbank Nagel Speech

Japan: Machinery Orders MoM – Jul, Machinery Orders YoY– Jul

New Zealand: GDP Growth Rate QoQ – Q2, GDP Growth Rate YoY– Q2

South Africa: Inflation Rate MoM– Aug, Inflation Rate YoY – Aug, Core Inflation Rate MoM – Aug, Core Inflation Rate YoY – Aug, Retail Sales MoM – Jul, Retail Sales YoY – Jul

U.K.: Inflation Rate YoY – Aug, Inflation Rate MoM – Aug, Core Inflation Rate MoM – Aug, Core Inflation Rate MoM – Aug, Retail Price Index MoM – Aug, Retail Price Index YoY– Aug

U.S.: MBA Mortgage Applications – Sep/12, Housing Starts – Aug, Building Permits Prel – Aug, Housing Starts MoM – Aug, Building Permits MoM 0 Aug, FOMC Interest Rate Decision, Fed Interest on Reserve Balances Rate, Fed Reverse Repo rate, FOMC Median Rate Forecast: Current Yr, FOMC Median Rate Forecast: Next Yr, FOMC Median Rate Forecast: +2 Yrs, FOMC Median Rate Forecast: +3 Yrs, FOMC Median Rate Forecast: Long Run, FOMC Press Conference, 17-Week Bill Auction    

The U.S. Federal Reserve and Bank of Canada are largely expected to cut rates 25bp with target rates at 4.25% and 2.50% respectively.

 

Thursday, September 18^th

Australia: RBA Jones Speech

Canada: CFIB Business Barometer – Sep

China: Vehicle Sales (YoY) – Aug

Euro-Zone: Current Account – Jul, Current Account s.a. – Jul, Construction Output YoY – Jul, Eurogroup Meeting, ECB Buch Speech, ECB Guindos Speech, ECB Schnabel Speech, ECB President Lagarde Speech

    Germany: Bundesbank Monthly Report, Bundesbank Mauderer Speech, Bundesbank Nagel Speech

    Italy: Current Account – Jul

Japan: Inflation Rate YoY – Aug, Core Inflation Rate YoY – Aug, Inflation Rate Ex-Food and Energy YoY – Aug, Inflation Rate MoM– Aug, BoJ Interest Rate Decision

New Zealand: Balance of Trade – Aug, Exports – Aug, Imports – Aug, Credit Card Spending YoY – Aug

South Africa: Building Permits YoY – Jul, SARB Interest Rate Decision, Prime Overdraft Rate

Switzerland: Balance of Trade – Aug

U.S.: Initial Jobless Claims – Sep/13, Initial claims 4-Wk Moving Avg – Sep/13, Continuing Claims – Sep/13, Philadelphia Fed Manufacturing Index – Sep, Philadelphia Business Outlook, CB Leading Index MoM – Aug, Net Long-term TIC Flows – Jul, Total Net TIC Flows – Jul, 4-Week Bill Auction, 8-Week Bill Auction, 10-Year TIPS Auction

U.K.: BoE Interest Rate Decision, BoE MPC Vote Cut, BoE MPC Vote Hike, BoE MPC Vote Unchanged, MPC Meeting Minutes, Gfk Consumer Confidence – Sep

The Bank of Japan and Bank of England are largely expected to keep rates the same with target rates of 0.50% and 4% respectively.

 

Friday, September 19^th

Canada: Retail Sales Ex Autos MoM – Jul, Retail Sales MoM Final – Jul, Retail Sales MoM Prel– Aug, Retail Sales YoY– Jul

China: Loan Prime Rate 1Y, Loan Prime Rate 5Y – Sep, Hong Kong Current Account – Q2

Euro-Zone: ECB Montagner Speech, ECB Tuominen Speech

    France: Business Confidence – Sep, Business Climate Indicator – Sep

    Germany: PPI YoY – Aug, PPI MoM – Aug

    Italy: Construction Output YoY – Jun, Construction Output YoY – Jul

Mexico: Aggregate Demand QoQ – Q2, Aggregate Demand YoY– Q2, Private Spending QoQ – Q2, Private Spending YoY – Q2

U.K.: Retail Sales MoM – Aug, Retail Sales YoY – Aug, Public Sector Net Borrowing Ex-banks – Aug, Retail Sales ex Fuel MoM – Aug, Retail Sales ex Fuel YoY – Aug

 

Bold denotes likely market-moving newsflash which traders consider significant to foreign exchange levels or otherwise important/noteworthy information, i.e., market holiday’s which will affect standard settlement dates.