August 24 – August 29, 2025 Economic report and policy meeting
August 24
New Zealand: Retail Sales (YoY and QoQ) – 2nd Qtr.
August 25
Australia: Reserve Bank of Australia (RBA) Meeting Minutes
Euro-Zone: Germany: Ifo Business Climate – August, Spain: Consumer Confidence – July, France: Consumer Confidence - August
U.S.: New Home Sales – July, New Home Sales (MoM) – July, Chicago Federal Reserve National Activity Index – July, Dallas Federal Reserve Manufacturing Index – August
August 26
Australia: Monthly Consumer Price Indicator (CPI) – July, Construction Work Done (QoQ) – 2nd Qtr.
Euro-Zone: Germany: GfK Consumer Confidence – September
U.S.: Durable Goods Orders (MoM) – July, Durable Goods Orders Excluding Defense (MoM) – July, Durable Goods Orders Excluding Transportation (MoM) – July, API Crude Oil Stock Change – August 22, Conference Board Consumer Confidence – August, S&P/Case-Shiller Home Prices (YoY) – June, Federal Reserve’s Barkin Speech
August 27
Euro-Zone: Austria: Bank Austria Manufacturing Purchasing Managers Index (PMI) – August, France: Unemployment Benefit Claims – July, New Car Registrations (YoY) - July
Japan: Bank of Japan’s (BoJ) Nakagawa Speech
New Zealand: ANZ Business Confidence – August
U.K.: Confederation of British Industries (CBI) Distributive Trades - August
U.S.: Mortgage Bankers Association (MBA) 30-Year Mortgage Rate – August 22, EIA Gasoline Stocks Change – August 22, EIA Crude Oil Stocks Change – August 22, Federal Reserve’s Barkin Speech
Nvidia will be the final member of the so-called Magnificent Seven group of mega-cap technology stocks to report quarterly earnings.
August 28
Canada: Current Account – 2nd Qtr.
Euro-Zone: Germany: Retail Sales (YoY and MoM) – July, France: Inflation Rate (YoY) – August, Economic Sentiment – August, Spain: Business Confidence – August, France: Inflation Rate (MoM) – August
Japan: Consumer Confidence – August, Unemployment Rate – July, Industrial Production (MoM) – July, Retail Sales (YoY) – July, Housing Starts (YoY) - July
U,K.: Nationwide Housing Prices (YoY and MoM) – August
U.S.: GDP Growth Rate (QoQ) – 2nd Qtr., Initial Jobless Claims – August 23, Continuing Jobless Claims – August 16, Jobless Claims 4-Week Average – August 23, GDP Price Index (QoQ) – 2nd Qtr., Corporate Profits (QoQ) – 2nd Qtr., Pending Home Sales (YoY and MoM) – July
Another wave of retailers will report quarterly results this week.
August 29
Canada: GDP Growth Rate Annualized – 2nd Qtr., GDP Growth Rate (QoQ) – 2nd Qtr., GDP (MoM) – July, GDP (MoM) - June
Euro-Zone: Spain: Retail Sales (YoY and MoM) – July, Germany: Unemployment Rate – August, Unemployment Change – August, Greece: Retail Sales (YoY) – June, Italy: Inflation Rate (YoY) – August, Germany: Inflation Rate (YoY) – August, Spain: Inflation Rate (YoY and MoM) – August, Germany: Unemployed Persons – August, Italy: Inflation Rate (MoM) – August, Germany: Inflation Rate (MoM) - August
Switzerland: KOF Leading Indicators - August
U.S.: Personal Spending (MoM) – July, Personal Consumption Expenditures (PCE) (MoM) – July, Core PCE Price Index (YoY and MoM) – July, Goods Trade Balance – July, University of Michigan Consumer Sentiment – August, Personal Consumptions Expenditures (PCE) (YoY) – July, Wholesale Inventories (MoM) – July, Retail Inventories Excluding Autos (MoM) – July, Chicago Purchasing Managers Index (PMI) – August
The Bureau of Economic Analysis will wrap up this week’s calendar with a bang when it releases the personal consumption expenditures price index for July. Inflation reports earlier this month offered mixed signals. Economists polled by FactSet estimate that the PCE price index increased 0.2% from June. The core PCE, which excludes volatile food and energy prices, is expected to rise 2.9%, up 0.3% from the previous month. On Saturday August 30 China releases its’ NBS Manufacturing and Non-Manufacturing (Services) Purchasing Managers Indexes for August.
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.
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