FX Economic Calendar

July 28 – August 1, 2025 Economic report and policy meeting

 

July 28

Euro-Zone:  Spain: Consumer Confidence - June

U.K.:  Confederation of British Industries (CBI) Distributive Trades – July

U.S.:  Dallas Federal Reserve Manufacturing Index - July    

 

July 29

Australia:  Monthly Consumer Price Index (CPI) Indicator – June, CPI – 2^nd Qtr., Reserve Bank of Australia (RBA) Weighted Mean CPI (YoY and QoQ) – 2^nd Qtr., RBA Trimmed Mean CPI (YoY and QoQ) – 2^nd Qtr., Inflation Rate (YoY and QoQ) – 2^nd Qtr.

Euro-Zone:  European Central Bank (ECB) 1 & 3 Year Inflation Expectations, Spain: Retail Sales (MoM) – June, GDP Growth Rte (YoY and QoQ) – 2^nd Qtr., Austria: Bank Austria Manufacturing Purchasing Managers Index (PMI) – July, France: GDP Growth Rate (YoY and QoQ) – 2^nd Qtr., Germany: Retail Sales (YoY and MoM) – June, France: Unemployment Benefit Claims - June

New Zealand:  ANZ Business Confidence - July

U.K.:  Mortgage Lending – June, Bank of England (BoE) Consumer Credit – June, Mortgage Approvals - June     

U.S.:  Goods Trade Balance – June, Job Openings and Labor Turnover Survey (JOLTs) Job Openings – June, API Crude Oil Stock Change – July 25, Wholesale Inventories (MoM) – June, Retail Inventories Excluding Autos (MoM) – June, S&P/Case-Shiller Home Price Index (YoY) – May, Conference Board Consumer Confidence – July

 

July 30

Australia:  Retail Sales (MoM) – June, Building Permits (MoM) – June, Reserve Bank of Australia (RBA) Hauser Speech

Canada:  Bank of Canada (BoC) Interest Rate Decision, BoC Monetary Policy Report, BoC Press Conference

China:  Foreign Direct Investment (FDI) YTD (YoY) - June

China:  NBS Manufacturing Purchasing Managers Index (PMI) – July, NBS Non-Manufacturing PMI - July

Euro-Zone:  GDP Growth Rate (YoY and QoQ) – 2^nd Qtr., Germany: GDP Growth Rate (YoY and QoQ) – 2^nd Qtr., Italy: GDP Growth Rate (YoY and QoQ) – 2^nd Qtr., France: Inflation Rate (YoY) – July, Spain: Inflation Rate (YoY and MoM) – July, Euro-Zone: Economic Sentiment – July, Spain: Business Confidence – July, France: Inflation Rate (MoM) - June

Japan:  Bank of Japan (BoJ) Interest Rate Decision, Consumer Confidence – July, Industrial Production (MoM) – June, Retail Sales (YoY) – June, BoJ Quarterly Outlook Report, Housing Starts (YoY) - June     

Switzerland:  Retail Sales (YoY and MoM) – June, KOF Leading Indicators - July   

U.S.:  Federal Reserve (Fed) Interest Rate Decision, Fed Press Conference, ADP Employment Change – July, GDP Growth Rate (QoQ) – 2^nd Qtr., Mortgage Bankers Association (MBA) 30-Year Mortgage Rate – July 25, EIA Gasoline Stocks Change – July 25, EIA Crude Oil Stocks Change – July 25, GDP Price Index (QoQ) – 2^nd Qtr., Pending Home Sales (MoM) – June

The Federal Open Market Committee (FOMC) announces its monetary -policy decision. The FOMC is widely expected to keep the federal-funds rate unchanged at 4.25-4.5%. Wall Street will be keen to see whether Federal Reserve Govs. Christopher Waller and Michelle Bowman dissent, should the central bank stand pat on interest rates.

 

July 31

Australia:  S&P Global Manufacturing Purchasing Managers Index (PMI) – July, Producer Price Index (PPI) (QoQ) – 2^nd Qtr.

Canada:  GDP (MoM) – June, GDP (MoM) - May

China:  Caixin Manufacturing Purchasing Managers Index (PMI) - July

Euro-Zone:  Unemployment Rate – June, Germany: Unemployment Rate – July, Unemployment Change – July, Inflation Rate (YoY) – July, Italy: Unemployment Rate – June, Inflation Rate (YoY) – June, Greece: Retail Sales (YoY) – May, Unemployment Rate – June, Germany: Unemployed Persons, Inflation Rate (MoM) – July, Italy: Inflation Rate (MoM) -July, France: Inflation Rate (YoY) - July

Japan:  Unemployment Rate - June    

U.K.:  Nationwide Housing Prices (YoY and MoM) - July  

U.S.:  Initial Jobless Claims – July 26, Continuing Jobless Claims – July 19, Jobless Claims 4-Week Average – July 26, Core Personal Consumption Expenditures (PCE) Index (YoY and MoM) – June, Personal Income (MoM) – June, Personal Spending (MoM) – June, Employment Cost Index (QoQ) – 2^nd Qtr., Employment – Cost Wages (QoQ) – 2^nd Qtr., Employment Cost – Benefits (QoQ) – 2^nd Qtr., PCE Price Index (YoY and MoM) – June, Chicago Purchasing Managers Index (PMI) - July

 

August 1

Canada:  S&P Global Manufacturing Purchasing Managers Index (PMI) – July, S&P Global Manufacturing PMI - July

Euro-Zone:  Inflation Rate (YoY) – July, CPI – July, HCOB Manufacturing Purchasing Managers Index (PMI) – July, Inflation Rate (YoY) – July, CPI – July, Spain: HCOB Manufacturing PMI – July, Austria: Unemployment Rate – July, Italy: HCOB Manufacturing PMI – July, France: HCOB Manufacturing PMI – July, Germany: HCOB Manufacturing PMI – July, Greece: S&P Global Manufacturing PMI – July, Italy: Retail Sales (YoY and MoM) – June, Core Inflation Rate (YoY) – July, Inflation Rate (MoM) - July

Switzerland:  procure.ch Manufacturing Purchasing Managers Index (PMI) - July  

U.S.:  Non-Farm Payrolls – July, Unemployment Rate – July, U-6 Unemployment Rate – July, Nonfarm Payrolls Private – July, S&P Global Manufacturing Purchasing Managers Index – July, University of Michigan Consumer Sentiment – July, Institute of Supply Management (ISM) Manufacturing PMI – July, Average Hourly Earnings (YoY and MoM) – July, Participation Rate – July, ISM Manufacturing Employment - July

The Bureau of Labor Statistics releases the jobs report for July. Economists forecast a 106,000 increase in nonfarm payrolls, after a 147,000 gain in June. The unemployment rate is expected to edge up to 4.2% from 4.1%.

 

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.