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Economic news
02.05.2025

Key events of the coming week: US, eurozone, UK and China PMI indices, US, Canada and China trade balance, Fed and Bank of England interest rate decision, New Zealand and Canada unemployment rate

Monday, May 5

At 01:30 GMT, Australia will publish the ANZ job index for April and inflation data from TD-MI for April. At 06:30 GMT, Switzerland will present the consumer price index for April in annual terms. At 08:30 GMT, the eurozone will publish the Sentix investor confidence indicator for May. At 13:45 GMT in the US, the S&P Global services PMI for April will be released. At 14:00 GMT, the United States will publish the ISM services PMI for April.

Tuesday, May 6

At 01:30 GMT, Australia will announce a change in building permits for March. At 01:45 GMT, China will release the Caixin services PMI for April. At 05:45 GMT, Switzerland will report a change in the unemployment rate for April. At 06:45 GMT, France will announce a change in industrial production for March. At 07:35 GMT, the head of the SNB, Martin Schlegel, will deliver a speech. Then the services PMI for April will be in focus: France will report at 07:50 GMT, Germany at 07:55 GMT, the eurozone at 08:00 GMT, and the United Kingdom at 08:30 GMT. At 09:00 GMT, the eurozone will publish the producer price index for March. At 12:30 GMT, Canada and the United States will announce a change in the trade balance for March. At 14:00 GMT, Canada will publish the Ivey PMI for April. At 20:30 GMT, in the US, the American Petroleum Institute (API) will release its report on oil inventories for the past week. At 22:45 GMT, New Zealand will report changes in employment and unemployment rates for the 1st quarter.

Wednesday, May 7

At 00:30 GMT, Japan will publish the services PMI for April. At 06:00 GMT, Germany will announce a change in factory orders for March. At 0645 GMT, France will release the private non farm payrolls report for the 1st quarter and the trade balance data for March. At 07:00 GMT, Switzerland will announce a change in the SNB's foreign currency reserves for April. At 08:30 GMT, the UK will publish the S&P Global/CIPS construction PMI for April. At 09:00 GMT, the eurozone will report changes in retail sales for March. At 14:30 GMT, the United States will present a report on oil reserves for the past week. At 18:00 GMT, the US Federal Reserve will announce an interest rate decision. At 18:30 GMT, the Fed press conference will be held. At 19:00 GMT, the United States will publish data on consumer lending for March. At 23:50 GMT, in Japan, the Bank of Japan monetary policy meeting minutes will be released.

Thursday, May 8

At 06:00 GMT, Germany will publish data on industrial production and trade balance for March. In addition, at 06:00 GMT, the UK will publish the Halifax house price index for April. At 11:00 GMT, the Bank of England will make a decision on the interest rate. At 12:30 GMT, the United States will report changes in unit labor costs for the 1st quarter, the number of initial applications for unemployment benefits over the past week, and nonfarm productivity for the 1st quarter. At 14:00 GMT, Canada will present the financial stability report, and the United States will provide wholesale inventories data for March. At 23:30 GMT, Japan will announce changes in household spending and average cash earnings for March.

Friday, May 9

At 03:00 GMT, China will announce a change in the trade balance for April. At 05:00 GMT, Japan will present the index of leading indicators for March. At 07:00 GMT, Switzerland will publish the SECO consumer confidence index for the 2nd quarter. At 12:30 GMT, Canada will announce changes in the unemployment rate and the number of people employed for April. At 17:00 GMT, in the United States, the Baker Hughes report on active oil platforms for the past week will be released.

Saturday, May 10

At 01:30 GMT, China will publish the consumer price index and the producer price index for April.

Sunday, May 11

At 23:50 GMT, Japan will present data on bank lending and the current account for March.

See also