December 22 – December 26, 2025
Economic report and policy meetings
December 22
Australia: RBA Meeting Minutes
Canada: Producer Price Index (MoM & YoY) – Nov, Raw Materials Prices (MoM & YoY) – Nov
China: Hong Kong Inflation Rate (MoM & YoY) – Nov, HK Current Account, National People’s Congress Standing Committee Dec 21-Dec 25th
Euro-Zone:
Italy: Producer Price Index (MoM & YoY) – Nov
Spain: Balance of Trade – Oct
India: Infrastructure Output (YoY) – Nov
Mexico: Economic Activity (MoM & YoY) – Oct
U.K.: Current Account – Q3, Business Investment (QoQ & YoY) Final – Q3, GDP Growth Rate (QoQ & YoY) Final – Q3
U.S: Chicago Fed National Activity Index – Sep, NY Fed Bill Purchases 4 to 12 months, 3-Month Bill Auction, 6-Month Bill Auction, 2-Year Note Auction
December 23
Euro-Zone: CFTC EUR NC Net Positions
Germany: Import Price Index (MoM & YoY) – Nov
Spain: Gross Domestic Product (QoQ &YoY) – Q3, Producer Price Index (YoY) – Nov
Italy: Trade Balance non-EU – Nov
Canada: GDP (MoM) – Oct, GDP (MoM) Prel – Nov, BoC Summary of Deliberations
Japan: BOJ Monetary Policy Meeting Minutes
Mexico: Balance of Trade – Nov, Mid-month Core Inflation Rate (MoM & YoY) – Dec, Mid-month Inflation Rate (MoM & YoY) – Dec
Singapore: Inflation Rate (MoM & YoY) – Nov, Core Inflation Rate (YoY) – Nov
Switzerland: Economic Sentiment Index – Dec
U.S.: Durable Goods Orders (MoM) – Oct, Durable Goods orders Ex Transp (MoM) – Oct, GDP Growth Rate (QoQ) 2nd Est – Q3, Industrial Production (MoM & YoY) – Oct, Industrial Production (MoM & YoY) – Nov, GDP price Index (QoQ) 2nd Est – Q3, Corporate Profits (QoQ) Prel -Q3, Core PCE prices (QoQ) 2nd Est – Q3, Durable Goods Orders ex Defense (MoM) – Oct, GDP Sales (QoQ) 2nd Est – Q3, Non-Defense Goods Orders Ex-Air – Q3, Real Consumer Spending (QoQ) – 2nd Est Q3, Redbook (YoY) – Dec/20, Capacity Utilization – Oct, Capacity Utilization – Nov, Manufacturing Production (MoM & YoY) – Oct, Manufacturing Production (MoM & YoY) – Nov, CB Consumer Confidence – Dec, Richmond Fed Manufacturing Index – Dec, Richmond Fed Manufacturing Shipments Index – Dec, Richmond Fed Services Revenues Index – Dec, Money Supply – Nov, API Crude Oil Stock Change – Dec/19, ADP Employment Change Weekly, 52-Week Bill Auction, 2-year FRN Auction, 5-Year Note Auction
December 24
Canada: Budget Balance – Oct
Mexico: Unemployment Rate
U.S.: Initial Jobless Claims – Dec/20, Continuing Jobless Claims – Dec/13, Jobless Claims 4-week Average – Dec/20, MBA 30-Year Mortgage Rate – Dec/19, MBA Mortgage Applications – Dec/19, MBA Mortgage Market Index– Dec/19, MBA Mortgage Refinance Index – Dec/19, MBA Purchase Index – Dec/19, 7-Year Note Auction, 17-Week Bill Auction, 4-Week Bill Auction, 8-Week Bill Auction, 15-Year Mortgage Rate – Dec/25, 30-Year Mortgage Rate – Dec/25
December 25
Japan: Housing Starts (YoY) – Nov, Unemployment Rate – Nov, Industrial Production (MoM & YoY) Prel – Nov, Retail Sales (YoY & MoM) – Nov
US, British, Canadian, Mexican, Aussie, Kiwi, European, Swiss markets and others are closed in honor of Christmas Day.
December 26
India: Deposit Growth (YoY) – Dec/12, Foreign Exchange Reserves – Dec/19
Japan: Industrial Production (MoM & YoY) Final – Oct
Singapore: Industrial Production (MoM & YoY) – Nov
U.S.: Baker Hughes Oil Rig Count – Dec/26, Baker Hughes Total Rigs Count – Dec/26
Aussie, Kiwi, British, Canadian and European markets are closed in honor of Boxing Day.
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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