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Trader’s calendar on March 28: Any winners in Trump’s tariff game? (pk)
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Thursday, 22 May 2025

Time Country Importance Macroeconomic Indices Period Prev. Reading Forecast Act. Reading
Time: 00:00
GDP Period: 1 quarter Prev. Reading: 5.0% Forecast: 3.8% Act. Reading: 3.9%
Time: 00:00
GDP Period: Prev. Reading: 0.5% Forecast: -0.8% Act. Reading: -0.6%
Time: 00:30
au Jibun Bank Manufacturing PMI Period: May Prev. Reading: 48.7 Forecast: 49.0 Act. Reading: 49.0
Time: 00:30
au Jibun Bank Services PMI Period: May Prev. Reading: 52.4 Forecast: Act. Reading: 50.8
Time: 01:30
BoJ Board Member Noguchi Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 02:00
Budget Balance Period: Jan Prev. Reading: -16.600B Forecast: Act. Reading: -9.990B
Time: 02:00
Net Debt Forecast Period: Jan Prev. Reading: 45.10% Forecast: Act. Reading: 42.70%
Time: 02:00
Economic Forecast Period: Jan Prev. Reading: -17.317B Forecast: Act. Reading: -14.740B
Time: 02:00
Annual Budget Release Period: Prev. Reading: Forecast: Act. Reading:
Time: 04:00
CPI Period: Apr Prev. Reading: 0.00% Forecast: Act. Reading:
Time: 04:00
CPI Period: Apr Prev. Reading: 1.4% Forecast: 1.4% Act. Reading: 1.4%
Time: 04:00
Balance of Payments (EUR) Period: 1 quarter Prev. Reading: 7.9B Forecast: Act. Reading: -0.8B
Time: 04:00
Current Account % of GDP Period: 1 quarter Prev. Reading: -0.30% Forecast: Act. Reading: -0.10%
Time: 05:00 49 hours 00 minute
Finnish Unemployment Rate Period: Apr Prev. Reading: 9.3% Forecast: Act. Reading:
Time: 05:00 49 hours 00 minute
S&P Global Manufacturing PMI Period: May Prev. Reading: 58.2 Forecast: 58.0 Act. Reading:
Time: 05:00 49 hours 00 minute
S&P Global Services PMI Period: May Prev. Reading: 58.7 Forecast: 58.3 Act. Reading:
Time: 06:00 49 hour 01 minute
Public Sector Net Borrowing Period: Apr Prev. Reading: 16.44B Forecast: 18.00B Act. Reading:
Time: 06:00 49 hour 01 minute
Public Sector Net Cash Requirement Period: Apr Prev. Reading: 2.694B Forecast: Act. Reading:
Time: 06:00 49 hour 01 minute
Unemployment Rate Period: Apr Prev. Reading: 4.4% Forecast: Act. Reading:
Time: 06:45 34 hours 02 minutes
French Business Survey Period: May Prev. Reading: 99 Forecast: 99 Act. Reading:
Time: 07:00 49 hours 02 minutes
Capacity Utilization Period: May Prev. Reading: 74.3% Forecast: Act. Reading:
Time: 07:00 49 hours 02 minutes
Manufacturing Confidence Period: May Prev. Reading: 103.2 Forecast: Act. Reading:
Time: 07:00 49 hours 02 minutes
FX Reserves USD Period: Prev. Reading: 118.7B Forecast: Act. Reading:
Time: 07:15 04 hours 03 minutes
HCOB France Manufacturing PMI Period: May Prev. Reading: 48.7 Forecast: 48.9 Act. Reading:
Time: 07:15 04 hours 03 minutes
HCOB France Composite PMI Period: May Prev. Reading: 47.8 Forecast: 48.0 Act. Reading:
Time: 07:15 04 hours 03 minutes
HCOB France Services PMI Period: May Prev. Reading: 47.3 Forecast: 47.7 Act. Reading:
Time: 07:30 19 hours 03 minutes
HCOB Germany Composite PMI Period: May Prev. Reading: 50.1 Forecast: 50.4 Act. Reading:
Time: 07:30 19 hours 03 minutes
HCOB Germany Manufacturing PMI Period: May Prev. Reading: 48.4 Forecast: 48.8 Act. Reading:
Time: 07:30 19 hours 03 minutes
HCOB Germany Services PMI Period: May Prev. Reading: 49.0 Forecast: 49.6 Act. Reading:
Time: 08:00 49 hours 03 minutes
Industrial Output Period: Apr Prev. Reading: 2.5% Forecast: Act. Reading:
Time: 08:00 49 hours 03 minutes
German Business Expectations Period: May Prev. Reading: 87.4 Forecast: 88.0 Act. Reading:
Time: 08:00 49 hours 03 minutes
German Current Assessment Period: May Prev. Reading: 86.4 Forecast: 86.8 Act. Reading:
Time: 08:00 49 hours 03 minutes
German Ifo Business Climate Index Period: May Prev. Reading: 86.9 Forecast: 87.4 Act. Reading:
Time: 08:00 49 hours 03 minutes
Unemployment Rate Period: Apr Prev. Reading: 3.36% Forecast: Act. Reading:
Time: 08:00 49 hours 03 minutes
HCOB Eurozone Manufacturing PMI Period: May Prev. Reading: 49.0 Forecast: 49.2 Act. Reading:
Time: 08:00 49 hours 03 minutes
HCOB Eurozone Composite PMI Period: May Prev. Reading: 50.4 Forecast: 50.7 Act. Reading:
Time: 08:00 49 hours 03 minutes
HCOB Eurozone Services PMI Period: May Prev. Reading: 50.1 Forecast: 50.4 Act. Reading:
Time: 08:30 19 hours 04 minutes
CPI Period: Apr Prev. Reading: 0.00% Forecast: Act. Reading:
Time: 08:30 19 hours 04 minutes
CPI Period: Apr Prev. Reading: 1.40% Forecast: 1.40% Act. Reading:
Time: 08:30 19 hours 04 minutes
S&P Global Composite PMI Period: May Prev. Reading: 48.5 Forecast: 49.3 Act. Reading:
Time: 08:30 19 hours 04 minutes
S&P Global Manufacturing PMI Period: May Prev. Reading: 45.4 Forecast: 46.2 Act. Reading:
Time: 08:30 19 hours 04 minutes
S&P Global Services PMI Period: May Prev. Reading: 49.0 Forecast: 50.0 Act. Reading:
Time: 08:30 19 hours 04 minutes
BoE Hauser Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 08:40 29 hours 04 minutes
Spanish 3-Year Bonos Auction Period: Prev. Reading: 2.086% Forecast: Act. Reading:
Time: 08:40 29 hours 04 minutes
Spanish 7-Year Obligacion Auction Period: Prev. Reading: 3.014% Forecast: Act. Reading:
Time: 09:00 49 hours 04 minutes
French 6-Year OAT Auction Period: Prev. Reading: 2.73% Forecast: Act. Reading:
Time: 09:00 49 hours 04 minutes
French 7-Year OAT Auction Period: Prev. Reading: 2.98% Forecast: Act. Reading:
Time: 10:00 49 hours 05 minutes
CBI Industrial Trends Orders Period: May Prev. Reading: -26 Forecast: -24 Act. Reading:
Time: 10:00 49 hours 05 minutes
German Buba Monthly Report Period: Prev. Reading: Forecast: Act. Reading:
Time: 10:50 39 hours 06 minutes
BoE Breeden Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 11:30 19 hours 07 minutes
Gross FX Reserves Period: Prev. Reading: 61.22B Forecast: Act. Reading:
Time: 11:30 19 hours 07 minutes
ECB Publishes Account of Monetary Policy Meeting Period: Prev. Reading: Forecast: Act. Reading:
Time: 11:30 19 hours 07 minutes
Net FX Reserves Period: Prev. Reading: 37.59% Forecast: Act. Reading:
Time: 12:00 49 hours 07 minutes
1st Half-Month Core CPI Period: May Prev. Reading: 0.34% Forecast: 0.16% Act. Reading:
Time: 12:00 49 hours 07 minutes
1st Half-Month CPI Period: May Prev. Reading: 0.12% Forecast: -0.10% Act. Reading:
Time: 12:00 49 hours 07 minutes
Economic Activity Period: Mar Prev. Reading: 1.00% Forecast: -0.10% Act. Reading:
Time: 12:00 49 hours 07 minutes
Economic Activity Period: Mar Prev. Reading: -0.70% Forecast: 3.00% Act. Reading:
Time: 12:00 49 hours 07 minutes
GDP Period: 1 quarter Prev. Reading: -0.6% Forecast: 0.2% Act. Reading:
Time: 12:00 49 hours 07 minutes
GDP Period: 1 quarter Prev. Reading: 0.5% Forecast: 0.8% Act. Reading:
Time: 12:00 49 hours 07 minutes
BoE MPC Member Dhingra Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 12:00 49 hours 07 minutes
BCB National Monetary Council Meeting Period: Prev. Reading: Forecast: Act. Reading:
Time: 12:30 19 hours 08 minutes
Chicago Fed National Activity Period: Apr Prev. Reading: -0.03 Forecast: Act. Reading:
Time: 12:30 19 hours 08 minutes
Continuing Jobless Claims Period: Prev. Reading: 1,881K Forecast: 1,890K Act. Reading:
Time: 12:30 19 hours 08 minutes
Initial Jobless Claims Period: Prev. Reading: 229K Forecast: 230K Act. Reading:
Time: 12:30 19 hours 08 minutes
Jobless Claims 4-Week Avg. Period: Prev. Reading: 230.50K Forecast: Act. Reading:
Time: 12:30 19 hours 08 minutes
IPPI Period: Apr Prev. Reading: 0.5% Forecast: -0.5% Act. Reading:
Time: 12:30 19 hours 08 minutes
IPPI Period: Apr Prev. Reading: 4.7% Forecast: Act. Reading:
Time: 12:30 19 hours 08 minutes
RMPI Period: Apr Prev. Reading: 3.9% Forecast: Act. Reading:
Time: 12:30 19 hours 08 minutes
RMPI Period: Apr Prev. Reading: -1.0% Forecast: -2.2% Act. Reading:
Time: 12:30 19 hours 08 minutes
BoE MPC Member Pill Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 13:00 49 hours 08 minutes
Belgium NBB Business Climate Period: May Prev. Reading: -14.7 Forecast: -13.9 Act. Reading:
Time: 13:00 49 hours 08 minutes
Central Bank reserves (USD) Period: Prev. Reading: 687.3B Forecast: Act. Reading:
Time: 13:30 19 hours 09 minutes
German Buba President Nagel Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 13:45 34 hours 09 minutes
S&P Global Manufacturing PMI Period: May Prev. Reading: 50.2 Forecast: 49.9 Act. Reading:
Time: 13:45 34 hours 09 minutes
S&P Global Composite PMI Period: May Prev. Reading: 50.6 Forecast: Act. Reading:
Time: 13:45 34 hours 09 minutes
S&P Global Services PMI Period: May Prev. Reading: 50.8 Forecast: 51.0 Act. Reading:
Time: 14:00 49 hours 09 minutes
Existing Home Sales Period: Apr Prev. Reading: 4.02M Forecast: 4.15M Act. Reading:
Time: 14:00 49 hours 09 minutes
Existing Home Sales Period: Apr Prev. Reading: -5.9% Forecast: Act. Reading:
Time: 14:30 19 hours 10 minutes
Natural Gas Storage Period: Prev. Reading: 110B Forecast: Act. Reading:
Time: 15:00 49 hours 10 minutes
KC Fed Composite Index Period: May Prev. Reading: -4 Forecast: Act. Reading:
Time: 15:00 49 hours 10 minutes
KC Fed Manufacturing Index Period: May Prev. Reading: -5 Forecast: Act. Reading:
Time: 15:00 49 hours 10 minutes
ECB's Elderson Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 15:30 19 hours 11 minutes
4-Week Bill Auction Period: Prev. Reading: 4.220% Forecast: Act. Reading:
Time: 15:30 19 hours 11 minutes
8-Week Bill Auction Period: Prev. Reading: 4.235% Forecast: Act. Reading:
Time: 15:35 24 hours 11 minutes
ECB's De Guindos Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 16:00 49 hours 11 minutes
10-Year TIPS Auction Period: Prev. Reading: 1.935% Forecast: Act. Reading:
Time: 17:00 49 hours 12 minutes
Interest Rate Decision Period: Prev. Reading: 25.50% Forecast: 23.75% Act. Reading:
Time: 17:00 49 hours 12 minutes
Overnight Lending Rate Period: Prev. Reading: 26.00% Forecast: 24.25% Act. Reading:
Time: 18:00 49 hours 13 minutes
FOMC Member Williams Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 19:00 49 hours 14 minutes
Retail Sales Period: Mar Prev. Reading: 50.6% Forecast: Act. Reading:
Time: 19:15 04 hours 15 minutes
BoC Deputy Governor Gravelle Speaks Period: Prev. Reading: Forecast: Act. Reading:
Time: 20:30 19 hours 16 minutes
Fed's Balance Sheet Period: Prev. Reading: 6,713B Forecast: Act. Reading:
Time: 20:30 19 hours 16 minutes
Reserve Balances with Federal Reserve Banks Period: Prev. Reading: 3.236T Forecast: Act. Reading:
Time: 21:00 49 hours 16 minutes
PPI Period: Apr Prev. Reading: 1.3% Forecast: Act. Reading:
Time: 21:00 49 hours 16 minutes
PPI Period: Apr Prev. Reading: 0.0% Forecast: Act. Reading:
Time: 22:45 34 hours 18 minutes
Retail Sales Period: 1 quarter Prev. Reading: 0.9% Forecast: 0.0% Act. Reading:
Time: 22:45 34 hours 18 minutes
Retail Sales Quarterly Vs. Year Ago Period: 1 quarter Prev. Reading: 0.2% Forecast: Act. Reading:
Time: 22:45 34 hours 18 minutes
Core Retail Sales Period: Prev. Reading: 1.4% Forecast: 0.7% Act. Reading:
Time: 23:01 50 hours 18 minutes
GfK Consumer Confidence Period: May Prev. Reading: -23 Forecast: -22 Act. Reading:
Time: 23:30 19 hours 19 minutes
CPI, n.s.a Period: Apr Prev. Reading: 0.3% Forecast: Act. Reading:
Time: 23:30 19 hours 19 minutes
National Core CPI Period: Apr Prev. Reading: 3.2% Forecast: 3.4% Act. Reading:
Time: 23:30 19 hours 19 minutes
National CPI Period: Apr Prev. Reading: 3.6% Forecast: Act. Reading:
Time: 23:30 19 hours 19 minutes
Current Account % of GDP Period: 1 quarter Prev. Reading: 2.90% Forecast: Act. Reading:
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