Upcoming economic events 17 February 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
04:30		2 points	Industrial Production (MoM) (Dec)	0.3%	0.3%
10:00		2 points	Eurogroup Meetings	———-	———-
10:00		2 points	Trade Balance (Dec)	14.4B	16.4B
14:30		2 points	Trade Balance (Dec)	———-	———-
15:20		2 points	FOMC Member Bowman Speaks	———-	———-
23:00		2 points	Fed Waller Speaks	———-	———-

Summary of Upcoming Economic Events on February 17, 2025

Japan (🇯🇵)

1. Industrial Production (MoM) (Dec)(04:30 UTC)
   • Forecast: 0.3%, Previous: 0.3%.
   • A stable reading suggests no major shifts in Japan’s manufacturing sector.

Europe (🇪🇺)

2. Eurogroup Meetings(10:00 UTC)
   • Finance ministers from the Eurozone will discuss economic policies.
   • Potential market impact if fiscal policy changes or ECB-related discussions arise.
3. Trade Balance (Dec)(10:00 UTC)
   • Forecast: €14.4B, Previous: €16.4B.
   • A narrowing trade surplus could weigh on the euro.

United States (🇺🇸)

4. Trade Balance (Dec)(14:30 UTC)
   • No forecast or previous data provided, but a widening deficit could pressure the USD.
5. FOMC Member Bowman Speaks(15:20 UTC)
   • Potential insights into the Fed’s interest rate outlook.
6. Fed Waller Speaks(23:00 UTC)
   • Waller’s comments could influence expectations for Fed policy moves.

Market Impact Analysis

• JPY: Minimal impact unless industrial production significantly deviates from expectations.
• EUR: Trade balance and Eurogroup discussions could impact the euro, particularly if growth concerns or ECB policy changes emerge.
• USD: Fed speakers could provide clues on future rate decisions, influencing USD volatility.

Volatility & Impact Score

• Volatility: Moderate (Fed speeches and trade data could create some market movement).
• Impact Score: 5/10 – No major high-impact events, but central bank commentary could guide market expectations.