Upcoming economic events 19 February 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
00:30		2 points	Wage Price Index (QoQ) (Q4)	0.8%	0.8%
01:00		3 points	RBNZ Interest Rate Decision	3.75%	4.25%
01:00		2 points	RBNZ Monetary Policy Statement	———-	———-
01:00		2 points	RBNZ Rate Statement	———-	———-
02:00		3 points	U.S. President Trump Speaks	———-	———-
02:00		2 points	RBNZ Press Conference	———-	———-
08:00		2 points	European Central Bank Non-monetary Policy Meeting	———-	———-
13:30		2 points	Building Permits (Jan)	1.460M	1.482M
13:30		2 points	Housing Starts (MoM) (Jan)	———-	15.8%
13:30		2 points	Housing Starts (Jan)	1.390M	1.499M
15:30		2 points	Atlanta Fed GDPNow (Q1)	2.3%	2.3%
16:00		2 points	RBNZ Press Conference	———-	———-
18:00		2 points	20-Year Bond Auction	———-	4.900%
19:00		3 points	FOMC Meeting Minutes	———-	———-
19:10		2 points	RBNZ Gov Orr Speaks	———-	———-
21:30		2 points	API Weekly Crude Oil Stock	———-	9.043M

Summary of Upcoming Economic Events on February 19, 2025

Australia (🇦🇺)

1. Wage Price Index (QoQ) (Q4) (00:30 UTC)
   • Forecast: 0.8%, Previous: 0.8%
   • Steady wage growth suggests stable inflation pressure, impacting RBA rate decisions.

New Zealand (🇳🇿)

2. RBNZ Interest Rate Decision (01:00 UTC)
   • Forecast: 3.75%, Previous: 4.25%
   • A potential rate cut could weaken NZD, while a hold may stabilize it.
3. RBNZ Monetary Policy Statement (01:00 UTC)
   • Provides insights into the central bank’s economic outlook.
4. RBNZ Rate Statement (01:00 UTC)
   • Accompanies the rate decision, offering policy guidance.
5. RBNZ Press Conference (02:00 UTC & 16:00 UTC)
   • Governor Orr’s remarks (19:10 UTC) could add further insights.

United States (🇺🇸)

6. U.S. President Trump Speaks (02:00 UTC)
   • Could impact markets depending on economic policy announcements.
7. Building Permits (Jan) (13:30 UTC)
   • Forecast: 1.460M, Previous: 1.482M
   • A drop may signal cooling real estate demand.
8. Housing Starts (MoM) (Jan) (13:30 UTC)
   • Previous: 15.8%
   • A slowdown could indicate weaker housing demand.
9. Housing Starts (Jan) (13:30 UTC)
   • Forecast: 1.390M, Previous: 1.499M
10. Atlanta Fed GDPNow (Q1) (15:30 UTC)
    • Measures real-time GDP growth estimates.
11. 20-Year Bond Auction (18:00 UTC)
    • Previous: 4.900%
    • Higher yields may signal increased borrowing costs.
12. FOMC Meeting Minutes (19:00 UTC)
    • Critical for interest rate outlook; could drive USD volatility.
13. API Weekly Crude Oil Stock (21:30 UTC)
    • Previous: 9.043M
    • A large build-up may put downward pressure on oil prices.

Europe (🇪🇺)

14. European Central Bank Non-Monetary Policy Meeting (08:00 UTC)
    • Discussions on financial regulations, not typically market-moving.

Market Impact Analysis

• NZD: High volatility expected from RBNZ decision; a rate cut could weaken NZD.
• USD: Trump’s speech, FOMC minutes, and housing data may influence the dollar.
• AUD: Wage growth stability could impact RBA expectations.
• EUR: ECB meeting unlikely to cause significant movement.
• Oil Prices: API crude stock data could drive energy markets.

Volatility & Impact Score

• Volatility: High (RBNZ decision, FOMC minutes, Trump’s speech).
• Impact Score: 8/10 – Central bank updates and U.S. political developments could drive strong market movements.