FX Economic Calendar

April 21 – April 25, 2025 Economic report and policy meeting

April 21

Euro-Zone:  Consumer Confidence - April

More than 100 S&P 500 companies, or 22% of the index’s components, report financial results this week.

April 22

Australia:  S&P Global Australia Services Purchasing Manager’s Index (PMI) – April, S&P Global Australia (PMI) - April        

Euro-Zone:  ECB Guindos Speech, Government Debt to GDP (2024), Government Budget to GDP (2024), Consumer Confidence – March, Spain: Balance of Trade – February, Consumer Confidence – March

Japan:  Jibun Bank Manufacturing Purchasing Manager’s Index (PMI) – April, Jibun Bank Services PMI - April

New Zealand:  Balance of Trade - March

U.K.:  Bank of England (BoE) Breeden Speech   

U.S.:  API Crude Oil Stock Change – April 18, Federal Reserve’s Jefferson, Harker, Kashkari, Kugler speeches

The ICE U.S. Dollar index has dropped 8% so far in 2025, the worst start to a year in the index’s 40-year history.

April 23

Australia:  RBA Bulletin  

Canada:  New Housing Price Index (YoY and MoM) – March

Euro-Zone:  Euro-Zone: HCOB Services Purchasing Manager’s Index (PMI) – April, HCOB Manufacturing PMI – April, France: HCOB Manufacturing Purchasing Manager’s Index (PMI) – April, HCOB Services PMI – April, Germany: HCOB Services Purchasing Manager’s Index (PMI) – April, HCOB Manufacturing PMI – April, HCOB Composite PMI – April, Balance of Trade – February, France: HCOB Composite Purchasing Manager’s Index (PMI) – April, Germany: HCOB Composite PMI – April, Euro Area New Car Registrations (YoY) – March, France: Consumer Confidence - April

U.K.:  S&P Global Manufacturing Purchasing Manager’s Index (PMI) – April, S&P Global Services PMI - April

U.S.:  S&P Global Services Purchasing Manager’s Index (PMI) – April, S&P Global Manufacturing PMI – April, New Home Sales – March, New Home Sales (MoM) – March, S&P Global Composite Purchasing Manager’s Index (PMI) – April, Mortgage Bankers Association (MBA) 30-Year Mortgage Rate – April 18, EIA Gasoline Stocks Change – April 18, EIA Crude Oil Stocks Change – April 18, Federal Reserve’s Beige Book, Federal Reserve’s Goolsbee, Beth, Breeden and Waller Speeches

The possible hit to U.S. tourism this year, estimated by Goldman Sachs is $90 billion, a hit of 0.3% to gross domestic product.

April 24

Euro-Zone:  Germany: Ifo Business Climate – April, France: Business Confidence - April           

U.K.:  Retail Sales (YoY and MoM) – March, Retail Sales excluding Fuel (YoY and MoM) – March, Consortium British Industries (CBI) Industrial Trends Orders – April, CBI Business Optimism Index – 2^nd Qtr., Gfk Consumer Confidence - April

U.S.:  Initial Jobless Claims – April 19, Continuing Jobless Claims – April 12, Jobless Claims 4-Week Average – April 19, Durable Goods Orders (MoM) – March, Durable Goods excluding Defense (MoM) – March, Durable Goods Orders excluding Transportation (MoM) – March, Existing Home Sales – March, Existing Home Sales (MoM) – March, Chicago Federal Reserve National Activity Index – March, Federal Reserve’s Kashkari Speech

April 25

Canada:  Retail Sales (YoY and MoM) – February, Retail Sales excluding Autos (MoM) February   

U.S.:  University of Michigan Consumer Sentiment – April  

$10 trillion is how much the U.S. government debt - $2 trillion new, $8 trillion rolled over—the Treasury must issue this year.

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.