November 30 – December 5, 2025 Economic report and policy meeting
November 30
Australia: Company Gross Profits (QoQ) – 3rd Qtr.
Japan: Capital Spending (YoY) – 3rd Qtr., Bank of Japan (BoJ) Governor Ueda Speech
Switzerland: Retail Sales (YoY and MoM) - October
December 1
Australia: Building Permits (MoM) – October
Euro-Zone: Austria: Unemployment Rate – November, Netherlands: Inflation Rate (YoY) – November
Japan: Consumer Confidence – November
Switzerland: procure.ch Manufacturing Purchasing Manager’s Index (PMI) – November
U.K.: Mortgage Lending – October, Bank of England (BoE) Consumer Credit – October, Mortgage Approvals – October, Nationwide Housing Prices (YoY and MoM) – November
U.S.: Institute of Supply Management (ISM) Manufacturing Purchasing Manager’s Index (PMI) – November, Federal Reserve Chair Powell Speech, Institute of Supply Management (ISM) Manufacturing Employment – November
December 2
Australia: GDP Growth Rate (QoQ) – 3rd Qtr., Ai Group Industry Index – November, GDP Growth Rate (YoY) – 3rd Qtr.
Euro-Zone: Unemployment Rate – October, Consumer Price Index (CPI) – November, Inflation Rate (YoY) – November, Spain: Unemployment Change – November, Italy: Unemployment Rate – October, Greece: Unemployment Rate – October, Inflation Rate (MoM) – November, Core Inflation Rate (YoY) - November
Mexico: Business Confidence - November
South Africa: GDP Growth Rate (YoY and QoQ) – 3rd Qtr.
Switzerland: Inflation Rate (YoY) - November
U.S.: API Crude Oil Stock Change – November 28, Federal Reserve’s Bowman Speech
December 3
Australia: Balance of Trade – October
Euro-Zone: European Central Bank (ECB) President Lagarde Speech
South Africa: Business Confidence – 4th Qtr.
U.S.: Automatic Data Processing (ADP) Employment Change – November, Institute of Supply Management (ISM) Purchasing Manager’s Index (PMI) – November, Export Prices (MoM) – September, Import Prices (MoM) – September, Industrial Production (MoM) – September, Mortgage Bankers Association (MBA) 30-Year Mortgage Rate – November 28, EIA Gasoline Stocks Change – November 28, EIA Crude Oil Stocks Change – November 28
December 4
Canada: Ivey Purchasing Manager’s Index (PMI) s.a. – November
Euro-Zone: Retail Sales (YoY and MoM) – October, Germany: Factory Orders (MoM) – October, France: Balance of Trade – October, Industrial Production (Mom) – October
Japan: Household Spending (YoY and MoM) - October
Switzerland: Unemployment Rate - November
U.K.: DMP 1 – year Consumer Price index (CPI) Expectations – November, Halifax House Price Index (YoY and MoM) - November
U.S.: Initial Jobless Claims – November 29, Continuing Jobless Claims – November 22, Jobless Claims 4-Week Average – November 29, Balance of Trade – September, Imports – September, Exports – September, Federal Reserve’s Bowman Speech
December 5
Canada: Employment Change – November, Unemployment Rate – November, Part Time Employment Change – November, Participation Rate – November, Full Time Employment Change - November
Euro-Zone: Employment Change (YoY and QoQ) – 3rd Qtr., Italy: Retail Sales (YoY and MoM) – October
Mexico: Consumer Confidence - November
Switzerland: Personal Spending (MoM) – September, Personal Income (MoM) – September, Core Personal Consumptions Expenditures (PCE) Price Index (YoY and MoM) – September, University of Michigan Consumer Sentiment – December
U.S.: Personal Consumption Expenditures (PCE) Index (YoY and MoM) – September, Factory Orders (MoM) – September, Factory Orders (MoM) – October
Wall Steet will get a double dose of inflation data this Friday. The Bureau of Economic Analysis will release the personal consumption expenditures price index for September. The consensus estimate is for a 2.8% year-over-year increase, compared with a 2.7% annual increase in August. The University of Michigan will provide an update on year-ahead inflation expectations when it releases its Consumer Sentiment Index for December. Consumers ended November expecting prices to rise 4.5% in the year ahead.
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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