February 3, 2025

Weekly Economic Calendar

Foreign Exchange

February 3 – February 7, 2025 Economic report and policy meeting

In addition to the evolving news surrounding U.S. tariffs, this week’s other focus will be Friday’s employment reports in the U.S. which will further guide direction of monetary policy for the Federal Reserve Bank. The latest Bloomberg survey shows non-farm payrolls are expected to come in at +170,000 vs last month’s +256,000 with the unemployment rate holding steady at 4.10%.

Date Country Event Period
Mon, Feb 3 Brazil S&P Global Brazil Manufacturing PMI Jan
Mon, Feb 3 Canada S&P Global Canada Manufacturing PMI Jan
Mon, Feb 3 Eurozone HCOB Eurozone Manufacturing PMI Jan
Mon, Feb 3 Eurozone CPI MoM Jan
Mon, Feb 3 France HCOB France Manufacturing PMI Jan
Mon, Feb 3 Germany HCOB Germany Manufacturing PMI Jan
Mon, Feb 3 Italy HCOB Italy Manufacturing PMI Jan
Mon, Feb 3 Italy CPI EU Harmonized YoY Jan
Mon, Feb 3 United Kingdom S&P Global UK Manufacturing PMI Jan
Mon, Feb 3 United States S&P Global US Manufacturing PMI Jan
Mon, Feb 3 United States ISM Manufacturing Jan
Mon, Feb 3 United States Fed's Bostic Speaks on Economic Outlook
Tue, Feb 4 Eurozone ECB's Villeroy speaks in Paris
Tue, Feb 4 Mexico S&P Global Mexico Manufacturing PMI Jan
Tue, Feb 4 South Korea CPI YoY Jan
Tue, Feb 4 United States Durable Goods Orders Dec
Tue, Feb 4 United States Factory Orders Dec
Tue, Feb 4 United States Fed's Bostic Speaks in Moderated Conversation on Housing
Tue, Feb 4 United States Fed's Daly Speaks in Moderated Panel
Tue, Feb 4 United States Fed's Jefferson Speaks on Economic Outlook, Policy
Wed, Feb 5 Australia Trade Balance Dec
Wed, Feb 5 Brazil Industrial Production MoM Dec
Wed, Feb 5 Brazil Industrial Production YoY Dec
Wed, Feb 5 Eurozone ECB to Publish Wage Tracker Indicators
Wed, Feb 5 Eurozone ECB's Lane Speaks at Peterson Institute
Wed, Feb 5 France Industrial Production MoM Dec
Wed, Feb 5 France HCOB France Composite PMI Jan
Wed, Feb 5 France HCOB France Services PMI Jan
Wed, Feb 5 United Kingdom S&P Global UK Services PMI Jan
Wed, Feb 5 United States MBA Mortgage Applications Fri, Jan 31
Wed, Feb 5 United States Fed's Barkin Appears on BTV
Wed, Feb 5 United States ADP Employment Change Jan
Wed, Feb 5 United States Trade Balance Dec
Wed, Feb 5 United States Fed's Barkin Speaks in a Fireside Chat
Wed, Feb 5 United States ISM Services Index Jan
Wed, Feb 5 United States Fed's Goolsbee Gives Remarks at Auto Conference
Thu, Feb 6 Eurozone ECB's Nagel Speaks in Mexico City
Thu, Feb 6 Germany Factory Orders MoM Dec
Thu, Feb 6 Mexico Overnight Rate Thu, Feb 6
Thu, Feb 6 United Kingdom Bank of England Bank Rate Thu, Feb 6
Thu, Feb 6 United States Initial Jobless Claims Sat, Feb 1
Thu, Feb 6 United States Fed's Logan Speaks on Future Challenges for Monetary Policy
Fri, Feb 7 Canada Net Change in Employment Jan
Fri, Feb 7 Canada Unemployment Rate Jan
Fri, Feb 7 Eurozone ECB's Guindos Speaks in Madrid
Fri, Feb 7 Germany Industrial Production SA MoM Dec
Fri, Feb 7 Mexico CPI MoM Jan
Fri, Feb 7 Mexico Bi-Weekly CPI Fri, Jan 31
Fri, Feb 7 Mexico CPI YoY Jan
Fri, Feb 7 United States Change in Nonfarm Payrolls Jan
Fri, Feb 7 United States Unemployment Rate Jan
Fri, Feb 7 United States Fed's Bowman Gives Update on Economy, Bank Regulation
Fri, Feb 7 United States Wholesale Inventories MoM Dec
Fri, Feb 7 United States U. of Mich. Sentiment Feb

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This is not a complete analysis of every material fact regarding any company, industry or security. The information and materials herein have been obtained from sources we consider to be reliable, but Comerica Capital Markets does not warrant, or guarantee, its completeness or accuracy. Materials prepared by Comerica Capital Markets personnel are based on public information. Facts and views presented in this material have not been reviewed by, and may not reflect information known to, professionals in other business areas of Comerica Capital Markets, including investment banking personnel.

The views expressed are those of the author at the time of writing and are subject to change without notice. We do not assume any liability for losses that may result from the reliance by any person upon any such information or opinions. This material has been distributed for general educational/informational purposes only and should not be considered as investment advice or a recommendation for any particular security, strategy or investment product, or as personalized investment advice.

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