
April28 - May04
Monday, April 28, 2025
Canadian Federal Election
Canadians across the country head to the polls to decide their next government.
Canada’s federal election has been dominated by concerns about sovereignty and the impact of US tariffs. The outcome of the election will determine such issues as Canada-US relations, housing and affordability, defense spending, and climate policy.
4/5
India - Industrial Production Data Released
Industrial Production data will provide insights to India's industrial sector performance for March.
Industrial Production data reflects India’s pace of industrial activity, a useful indicator of GDP growth. This data is also used by the Reserve Bank of India (RBI) to help guide decisions on interest rates and monetary policy.
2/5
Tuesday, April 29, 2025
European Central Bank Economic Sentiment Indicator
The Economic Sentiment Indicator (ESI) reflects overall economic confidence within the Eurozone.
Investors and policymakers will watch the ESI for early signals of economic trends and potential shifts in economic momentum. A decline in confidence may signal ongoing uncertainties influenced by factors such as global trade tensions and domestic economic challenges.
2/5
Germany – GfK Consumer Confidence Indicator (May)
The GfK Consumer Confidence Indicator measures consumer sentiment, including expectations about the economy, income, and willingness to make major purchases.
Consumer confidence expected to remain low in May, signalling reduced consumer spending which could impact overall economic growth and influence policy decisions by the European Central Bank.
2/5
Spain – Q1 GDP (Flash Estimate)
The flash estimate for Q1 2025 will provide an early look at the nation's economic trajectory, influenced by sectors like tourism, manufacturing, and services.
Spain’s economic performance affects the wider Eurozone economy. Stronger-than-expected growth could bolster confidence in the region's recovery, whereas weaker performance might raise concerns about economic stability.
2/5
Sweden – Q1 GDP (Flash Estimate)
Sweden's preliminary GDP data for Q1 of 2025 is expected to provide insights into the country's economic performance, reflecting factors such as domestic demand, exports, and industrial output.
GDP growth rates are important indicators of economic health. A slowdown or contraction could prompt the Swedish central bank to adjust monetary policies, while robust growth might lead to tighter policies to prevent overheating.
1/5
United States – March Goods Trade Balance (Advance Estimate)
The advance estimate of the U.S. goods trade balance for March will provide an early indication of the country's trade dynamics, including imports and exports of goods.
A widening trade deficit could signal increased reliance on foreign goods, potentially impacting domestic industries and influencing trade policy discussions.
3/5
United States – March Wholesale Inventories (Advance Estimate)
The advance data on U.S. wholesale inventories for March will offer insights into business stockpiling behaviors and supply chain conditions.
Changes in inventory levels can indicate future production and sales trends. Rising inventories may suggest slowing demand, while declining inventories could point to potential supply shortages.
3/5
United States – S&P/Case-Shiller Home Price Index (February)
The S&P/Case-Shiller Home Price Index for February reflects trends in U.S. residential real estate prices, highlighting regional variations and overall market health.
Home prices influence consumer wealth and spending. Significant changes in home prices can affect household confidence and may prompt adjustments in housing policies.
2/5
United States – JOLTs Job Openings (March)
The Job Openings and Labor Turnover Survey (JOLTS) for March will provide data on job vacancies, hires, and separations in the U.S. labor market.
The JOLTS report is a key indicator of labor market dynamics. An increase in job openings may signal a tightening labor market, potentially leading to wage pressures and influencing Federal Reserve policy decisions.
2/5
Wednesday, April 30, 2025
South Korea – Industrial Production Data (March)
South Korea's industrial production data for March will be released, providing insights into the country's manufacturing sector performance
Industrial production figures are crucial for assessing economic health, influencing policy decisions and investor sentiment regarding South Korea's economic outlook.
2/5
Japan – Preliminary Industrial Production and Retail Sales Data (March)
Preliminary data for Japan's industrial production and retail sales in March 2025 will be published, offering early indicators of economic activity.
Industrial production and retail sales indicators help gauge domestic demand and manufacturing strength, informing both monetary policy and business investment strategies.
2/5
Australia – Q1 Inflation Data
Australia's Consumer Price Index (CPI) for the first quarter of 2025 will be released, detailing inflation trends across various sectors.
Inflation data is pivotal for the Reserve Bank of Australia's monetary policy decisions, impacting interest rates and economic growth projections.
2/5
China – NBS PMI (April)
China's National Bureau of Statistics (NBS) Purchasing Managers' Index (PMI) for April 2025 will be announced, reflecting manufacturing sector performance.
The NBS PMI is a leading indicator of economic health, influencing investor perceptions and policy directions within China and globally.
2/5
China – Caixin Manufacturing PMI (April)
The Caixin Manufacturing PMI for China in April 2025 will be released, providing an alternative view of the manufacturing sector's health.
Divergences between the NBS and Caixin PMIs can offer deeper insights into sectoral dynamics and economic conditions.
2/5
Germany – Unemployment Rate (April)
Germany's unemployment rate for April 2025 will be released, providing insights into the labor market's health.
Unemployment figures are key indicators of economic performance, influencing consumer spending and policy decisions within the Eurozone.
2/5
Canada – GDP Data (February)
Canada's preliminary GDP estimate for February 2025 will be published, indicating economic activity levels.
GDP data informs policymakers and investors about economic performance, influencing decisions on fiscal and monetary policies.
2/5
United States – Q1 GDP (Advance Estimate)
The U.S. advance GDP estimate for the first quarter of 2025 will be released, providing an early look at economic growth.
GDP figures are essential for assessing economic health, influencing Federal Reserve policy decisions and market expectations.
2/5
Bank of Japan - Monetary Policy Meeting
The Bank of Japan (BOJ) is scheduled to hold its next monetary policy meeting on April 30–May 1, 2025.
While no immediate policy changes are anticipated, the meeting is significant due to Japan's evolving economic conditions and the BOJ's ongoing efforts to normalize its ultra-loose monetary policy.
1/5
Eurozone – Q1 GDP (Flash Estimate)
The Eurozone's flash GDP estimate for the first quarter of 2025 will be released, offering an early look at economic performance.
GDP growth rates are essential for assessing the region's economic health, impacting policy decisions by the European Central Bank.
2/5
Thursday, May 1, 2025
Japan – Bank of Japan Interest Rate Decision
The Bank of Japan is scheduled to announce its interest rate decision.
Interest rate decisions by the Bank of Japan have significant implications for the Japanese economy and global markets. A rate change can influence inflation, economic growth, and investor sentiment.
3/5
Japan – Consumer Confidence (April)
Japan's consumer confidence index for April 2025 will be released, reflecting households' perceptions of economic conditions.
Consumer confidence is a leading indicator of consumer spending, which drives a significant portion of economic activity. A decline in confidence may signal reduced spending and potential economic slowdown.
2/5
United States – ISM Manufacturing PMI (April)
The Institute for Supply Management will release its Manufacturing Purchasing Managers' Index (PMI) for April 2025.
The PMI is a leading indicator of economic health, with a reading above 50 indicating expansion and below 50 indicating contraction. It provides insights into manufacturing sector performance and overall economic activity.
2/5
United Kingdom – Nationwide Housing Price Index (April) & Mortgage Lending and Approvals (March)
The Nationwide Building Society will release its housing price index for April 2025, indicating trends in the UK housing market // Data on mortgage lending and approvals for March 2025 will be published, offering insights into the housing market's health..
Housing prices affect consumer wealth and spending. Rising prices can boost confidence and spending, while falling prices may have the opposite effect, impacting economic growth // Mortgage activity is closely tied to consumer confidence and economic conditions. An increase in lending and approvals can indicate economic optimism, while a decrease may suggest caution among consumers.
2/5
Australia – Trade Balance Data (March)
Australia's trade balance data for March 2025 will be released, providing insights into the country's exports and imports.
The trade balance is a key indicator of economic health, influencing currency valuation and economic policy decisions. A surplus can strengthen the Australian dollar, while a deficit may have the opposite effect.
2/5
United Kingdom - Local Elections
Local elections will be held for 1,641 council seats across 24 local authorities, with all seats on 14 county councils and eight unitary authorities in England up for grabs.
Local elections are often a barometer for shifting political allegiances and a precursor to future national electoral trends. The rising popularity of Reform UK, led by Nigel Farage, is challenging the traditional Labour-Conservative dominance, particularly in former Labour strongholds could influence national party strategies and voter perceptions ahead of the next general election, especially concerning issues like Brexit, public services, and economic policies.
3/5
Friday, May 2, 2025
Worldwide Manufacturing PMIs (April)
The global Manufacturing Purchasing Managers’ Index (PMI) for April will be released, providing a snapshot of manufacturing activity across major economies.
PMI readings above 50 indicate expansion, while below 50 suggest contraction. This data is crucial for assessing global economic health and guiding central bank policy decisions.
3/5
South Korea – Inflation (April)
South Korea's Consumer Price Index (CPI) for April will be published, reflecting changes in the cost of goods and services.
Inflation trends influence the Bank of Korea's monetary policy. A rise above the target range may prompt interest rate adjustments to maintain price stability.
2/5
Japan – Unemployment Rate (March)
Japan's unemployment rate for March will be announced, indicating the percentage of the labor force that is jobless.
A low unemployment rate suggests a healthy labor market, which can boost consumer confidence and spending, driving economic growth.
1/5
Eurozone – April Inflation (Flash Estimate)
The European Central Bank’s preliminary inflation figures for April will be published, showing early trends in price changes.
Inflation data is vital for the European Central Bank's policy decisions. Persistent inflation above the target may lead to tighter monetary policies.
3/5
Eurozone – Unemployment Rate (March)
The Eurozone's unemployment rate for March will be announced, indicating the percentage of the labor force that is unemployed.
A decrease in unemployment suggests economic expansion, while an increase may raise concerns about economic stability and growth prospects.
2/5
United States – Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings (April)
The U.S. Department of Labor will release data on non-farm payrolls, the unemployment rate, and average hourly earnings for April.
These indicators are critical for assessing the health of the U.S. labor market. Strong employment figures can influence Federal Reserve policy decisions and market expectations.
2/5
United States – Factory Orders (March)
The U.S. Census Bureau will publish data on factory orders for March, reflecting new orders placed with manufacturers.
An increase in factory orders suggests rising demand for goods, which can lead to higher production and economic growth. Conversely, a decline may indicate weakening demand.
3/5
Saturday, May 3, 2025
United States - 25 per cent tariff on imported car parts to enter into force
The Trump administration’s 25 per cent tariff on imported car parts is due to enter into force.
Industry experts warn of potential price increases for consumers, with estimates suggesting that vehicle costs could rise by $3,000 to $10,000 due to higher production expenses. Furthermore, the interconnected nature of global supply chains means that these tariffs could disrupt manufacturing processes, leading to delays and inefficiencies.
4/5
Australia - Federal Election
Australians head to the polls to decide their next federal government.
Key issues influencing voter decisions include the escalating cost of living, housing affordability, climate policy, and national security. The election will determine the composition of the 48th Parliament, with all 151 seats in the House of Representatives and 40 of the 76 Senate seats up for grabs.
4/5
Singapore - General Election
Singapore's general election will elect all 97 members of the Parliament.
This election is crucial for determining Singapore's political direction amid economic challenges. The outcome will influence policies on economic management, social welfare, and Singapore's position in global trade.
3/5
Sunday, May 4, 2025
Romania's presidential election is scheduled for May 4, 2025, with a potential runoff on May 18.
The previous election was annulled due to allegations of external interference and cyberattacks. This election is pivotal for Romania's political stability and its alignment with the European Union. The elected president will play a key role in shaping Romania's domestic and foreign policies, particularly concerning EU relations and national security.
3/5
Monday, April 28, 2025
Canadian Federal Election
Canadians across the country head to the polls to decide their next government.
Canada’s federal election has been dominated by concerns about sovereignty and the impact of US tariffs. The outcome of the election will determine such issues as Canada-US relations, housing and affordability, defense spending, and climate policy.
4/5
India - Industrial Production Data Released
Industrial Production data will provide insights to India's industrial sector performance for March.
Industrial Production data reflects India’s pace of industrial activity, a useful indicator of GDP growth. This data is also used by the Reserve Bank of India (RBI) to help guide decisions on interest rates and monetary policy.
2/5
Tuesday, April 29, 2025
European Central Bank Economic Sentiment Indicator
The Economic Sentiment Indicator (ESI) reflects overall economic confidence within the Eurozone.
Investors and policymakers will watch the ESI for early signals of economic trends and potential shifts in economic momentum. A decline in confidence may signal ongoing uncertainties influenced by factors such as global trade tensions and domestic economic challenges.
2/5
Germany – GfK Consumer Confidence Indicator (May)
The GfK Consumer Confidence Indicator measures consumer sentiment, including expectations about the economy, income, and willingness to make major purchases.
Consumer confidence expected to remain low in May, signalling reduced consumer spending which could impact overall economic growth and influence policy decisions by the European Central Bank.
2/5
Spain – Q1 GDP (Flash Estimate)
The flash estimate for Q1 2025 will provide an early look at the nation's economic trajectory, influenced by sectors like tourism, manufacturing, and services.
Spain’s economic performance affects the wider Eurozone economy. Stronger-than-expected growth could bolster confidence in the region's recovery, whereas weaker performance might raise concerns about economic stability.
2/5
Sweden – Q1 GDP (Flash Estimate)
Sweden's preliminary GDP data for Q1 of 2025 is expected to provide insights into the country's economic performance, reflecting factors such as domestic demand, exports, and industrial output.
GDP growth rates are important indicators of economic health. A slowdown or contraction could prompt the Swedish central bank to adjust monetary policies, while robust growth might lead to tighter policies to prevent overheating.
1/5
United States – March Goods Trade Balance (Advance Estimate)
The advance estimate of the U.S. goods trade balance for March will provide an early indication of the country's trade dynamics, including imports and exports of goods.
A widening trade deficit could signal increased reliance on foreign goods, potentially impacting domestic industries and influencing trade policy discussions.
3/5
United States – March Wholesale Inventories (Advance Estimate)
The advance data on U.S. wholesale inventories for March will offer insights into business stockpiling behaviors and supply chain conditions.
Changes in inventory levels can indicate future production and sales trends. Rising inventories may suggest slowing demand, while declining inventories could point to potential supply shortages.
3/5
United States – S&P/Case-Shiller Home Price Index (February)
The S&P/Case-Shiller Home Price Index for February reflects trends in U.S. residential real estate prices, highlighting regional variations and overall market health.
Home prices influence consumer wealth and spending. Significant changes in home prices can affect household confidence and may prompt adjustments in housing policies.
2/5
United States – JOLTs Job Openings (March)
The Job Openings and Labor Turnover Survey (JOLTS) for March will provide data on job vacancies, hires, and separations in the U.S. labor market.
The JOLTS report is a key indicator of labor market dynamics. An increase in job openings may signal a tightening labor market, potentially leading to wage pressures and influencing Federal Reserve policy decisions.
2/5
Wednesday, April 30, 2025
South Korea – Industrial Production Data (March)
South Korea's industrial production data for March will be released, providing insights into the country's manufacturing sector performance
Industrial production figures are crucial for assessing economic health, influencing policy decisions and investor sentiment regarding South Korea's economic outlook.
2/5
Japan – Preliminary Industrial Production and Retail Sales Data (March)
Preliminary data for Japan's industrial production and retail sales in March 2025 will be published, offering early indicators of economic activity.
Industrial production and retail sales indicators help gauge domestic demand and manufacturing strength, informing both monetary policy and business investment strategies.
2/5
Australia – Q1 Inflation Data
Australia's Consumer Price Index (CPI) for the first quarter of 2025 will be released, detailing inflation trends across various sectors.
Inflation data is pivotal for the Reserve Bank of Australia's monetary policy decisions, impacting interest rates and economic growth projections.
2/5
China – NBS PMI (April)
China's National Bureau of Statistics (NBS) Purchasing Managers' Index (PMI) for April 2025 will be announced, reflecting manufacturing sector performance.
The NBS PMI is a leading indicator of economic health, influencing investor perceptions and policy directions within China and globally.
2/5
China – Caixin Manufacturing PMI (April)
The Caixin Manufacturing PMI for China in April 2025 will be released, providing an alternative view of the manufacturing sector's health.
Divergences between the NBS and Caixin PMIs can offer deeper insights into sectoral dynamics and economic conditions.
2/5
Germany – Unemployment Rate (April)
Germany's unemployment rate for April 2025 will be released, providing insights into the labor market's health.
Unemployment figures are key indicators of economic performance, influencing consumer spending and policy decisions within the Eurozone.
2/5
Canada – GDP Data (February)
Canada's preliminary GDP estimate for February 2025 will be published, indicating economic activity levels.
GDP data informs policymakers and investors about economic performance, influencing decisions on fiscal and monetary policies.
2/5
United States – Q1 GDP (Advance Estimate)
The U.S. advance GDP estimate for the first quarter of 2025 will be released, providing an early look at economic growth.
GDP figures are essential for assessing economic health, influencing Federal Reserve policy decisions and market expectations.
2/5
Bank of Japan - Monetary Policy Meeting
The Bank of Japan (BOJ) is scheduled to hold its next monetary policy meeting on April 30–May 1, 2025.
While no immediate policy changes are anticipated, the meeting is significant due to Japan's evolving economic conditions and the BOJ's ongoing efforts to normalize its ultra-loose monetary policy.
1/5
Eurozone – Q1 GDP (Flash Estimate)
The Eurozone's flash GDP estimate for the first quarter of 2025 will be released, offering an early look at economic performance.
GDP growth rates are essential for assessing the region's economic health, impacting policy decisions by the European Central Bank.
2/5
Thursday, May 1, 2025
Japan – Bank of Japan Interest Rate Decision
The Bank of Japan is scheduled to announce its interest rate decision.
Interest rate decisions by the Bank of Japan have significant implications for the Japanese economy and global markets. A rate change can influence inflation, economic growth, and investor sentiment.
3/5
Japan – Consumer Confidence (April)
Japan's consumer confidence index for April 2025 will be released, reflecting households' perceptions of economic conditions.
Consumer confidence is a leading indicator of consumer spending, which drives a significant portion of economic activity. A decline in confidence may signal reduced spending and potential economic slowdown.
2/5
United States – ISM Manufacturing PMI (April)
The Institute for Supply Management will release its Manufacturing Purchasing Managers' Index (PMI) for April 2025.
The PMI is a leading indicator of economic health, with a reading above 50 indicating expansion and below 50 indicating contraction. It provides insights into manufacturing sector performance and overall economic activity.
2/5
United Kingdom – Nationwide Housing Price Index (April) & Mortgage Lending and Approvals (March)
The Nationwide Building Society will release its housing price index for April 2025, indicating trends in the UK housing market // Data on mortgage lending and approvals for March 2025 will be published, offering insights into the housing market's health..
Housing prices affect consumer wealth and spending. Rising prices can boost confidence and spending, while falling prices may have the opposite effect, impacting economic growth // Mortgage activity is closely tied to consumer confidence and economic conditions. An increase in lending and approvals can indicate economic optimism, while a decrease may suggest caution among consumers.
2/5
Australia – Trade Balance Data (March)
Australia's trade balance data for March 2025 will be released, providing insights into the country's exports and imports.
The trade balance is a key indicator of economic health, influencing currency valuation and economic policy decisions. A surplus can strengthen the Australian dollar, while a deficit may have the opposite effect.
2/5
United Kingdom - Local Elections
Local elections will be held for 1,641 council seats across 24 local authorities, with all seats on 14 county councils and eight unitary authorities in England up for grabs.
Local elections are often a barometer for shifting political allegiances and a precursor to future national electoral trends. The rising popularity of Reform UK, led by Nigel Farage, is challenging the traditional Labour-Conservative dominance, particularly in former Labour strongholds could influence national party strategies and voter perceptions ahead of the next general election, especially concerning issues like Brexit, public services, and economic policies.
3/5
Friday, May 2, 2025
Worldwide Manufacturing PMIs (April)
The global Manufacturing Purchasing Managers’ Index (PMI) for April will be released, providing a snapshot of manufacturing activity across major economies.
PMI readings above 50 indicate expansion, while below 50 suggest contraction. This data is crucial for assessing global economic health and guiding central bank policy decisions.
3/5
South Korea – Inflation (April)
South Korea's Consumer Price Index (CPI) for April will be published, reflecting changes in the cost of goods and services.
Inflation trends influence the Bank of Korea's monetary policy. A rise above the target range may prompt interest rate adjustments to maintain price stability.
2/5
Japan – Unemployment Rate (March)
Japan's unemployment rate for March will be announced, indicating the percentage of the labor force that is jobless.
A low unemployment rate suggests a healthy labor market, which can boost consumer confidence and spending, driving economic growth.
1/5
Eurozone – April Inflation (Flash Estimate)
The European Central Bank’s preliminary inflation figures for April will be published, showing early trends in price changes.
Inflation data is vital for the European Central Bank's policy decisions. Persistent inflation above the target may lead to tighter monetary policies.
3/5
Eurozone – Unemployment Rate (March)
The Eurozone's unemployment rate for March will be announced, indicating the percentage of the labor force that is unemployed.
A decrease in unemployment suggests economic expansion, while an increase may raise concerns about economic stability and growth prospects.
2/5
United States – Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings (April)
The U.S. Department of Labor will release data on non-farm payrolls, the unemployment rate, and average hourly earnings for April.
These indicators are critical for assessing the health of the U.S. labor market. Strong employment figures can influence Federal Reserve policy decisions and market expectations.
2/5
United States – Factory Orders (March)
The U.S. Census Bureau will publish data on factory orders for March, reflecting new orders placed with manufacturers.
An increase in factory orders suggests rising demand for goods, which can lead to higher production and economic growth. Conversely, a decline may indicate weakening demand.
3/5
Saturday, May 3, 2025
United States - 25 per cent tariff on imported car parts to enter into force
The Trump administration’s 25 per cent tariff on imported car parts is due to enter into force.
Industry experts warn of potential price increases for consumers, with estimates suggesting that vehicle costs could rise by $3,000 to $10,000 due to higher production expenses. Furthermore, the interconnected nature of global supply chains means that these tariffs could disrupt manufacturing processes, leading to delays and inefficiencies.
4/5
Australia - Federal Election
Australians head to the polls to decide their next federal government.
Key issues influencing voter decisions include the escalating cost of living, housing affordability, climate policy, and national security. The election will determine the composition of the 48th Parliament, with all 151 seats in the House of Representatives and 40 of the 76 Senate seats up for grabs.
4/5
Singapore - General Election
Singapore's general election will elect all 97 members of the Parliament.
This election is crucial for determining Singapore's political direction amid economic challenges. The outcome will influence policies on economic management, social welfare, and Singapore's position in global trade.
3/5
Sunday, May 4, 2025
Romania's presidential election is scheduled for May 4, 2025, with a potential runoff on May 18.
The previous election was annulled due to allegations of external interference and cyberattacks. This election is pivotal for Romania's political stability and its alignment with the European Union. The elected president will play a key role in shaping Romania's domestic and foreign policies, particularly concerning EU relations and national security.
3/5