Upcoming economic events 23 April 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
00:30		2 points	au Jibun Bank Services PMI (Apr)	———-	50.0
08:00		2 points	HCOB Eurozone Manufacturing PMI (Apr)	47.4	48.6
08:00		2 points	HCOB Eurozone Composite PMI (Apr)	50.3	50.9
08:00		2 points	HCOB Eurozone Services PMI (Apr)	50.4	51.0
09:00		2 points	Trade Balance (Feb)	———-	1.0B
12:30		2 points	Building Permits (Mar)	1.482M	1.459M
13:30		2 points	Fed Waller Speaks	———-	———-
13:45		3 points	S&P Global Manufacturing PMI (Apr)	49.0	50.2
13:45		2 points	S&P Global Composite PMI (Apr)	———-	53.5
13:45		3 points	S&P Global Services PMI (Apr)	52.8	54.4
14:00		2 points	New Home Sales (MoM) (Mar)	———-	1.8%
14:00		3 points	New Home Sales (Mar)	682K	676K
14:30		3 points	Crude Oil Inventories	———-	0.515M
14:30		2 points	Cushing Crude Oil Inventories	———-	-0.654M
17:00		2 points	5-Year Note Auction	———-	4.100%
18:00		2 points	Beige Book	———-	———-
19:15		2 points	ECB’s Lane Speaks	———-	———-

Summary of Upcoming Economic Events on April 23, 2025

Japan (🇯🇵)

1. au Jibun Bank Services PMI (Apr) – 00:30 UTC
   • Previous: 50.0
   • Market Impact:
     • A move below 50 signals contraction; above 50 signals expansion in services activity.
     • Could impact JPY sentiment modestly.

Eurozone (🇪🇺)

2. HCOB Eurozone Manufacturing PMI (Apr) – 08:00 UTC
   • Forecast: 47.4 | Previous: 48.6
3. HCOB Eurozone Composite PMI (Apr) – 08:00 UTC
   • Forecast: 50.3 | Previous: 50.9
4. HCOB Eurozone Services PMI (Apr) – 08:00 UTC
   • Forecast: 50.4 | Previous: 51.0
5. Eurozone Trade Balance (Feb) – 09:00 UTC
   • Previous: 1.0B
   Market Impact:
   • PMIs are crucial for gauging economic health.
   • Weaker-than-expected numbers may pressure the EUR; stronger readings could support the euro.
6. ECB’s Lane Speaks – 19:15 UTC
   • Market Impact:
     • Remarks could move the EUR if policy hints or inflation views are shared.

United States (🇺🇸)

7. Building Permits (Mar) – 12:30 UTC
   • Forecast: 1.482M | Previous: 1.459M
8. Fed Waller Speaks – 13:30 UTC
   • Market Impact:
     • Hawkish tones could boost the USD; dovishness may weaken it.
9. S&P Global Manufacturing PMI (Apr) – 13:45 UTC
   • Forecast: 49.0 | Previous: 50.2
10. S&P Global Composite PMI (Apr) – 13:45 UTC
    • Previous: 53.5
11. S&P Global Services PMI (Apr) – 13:45 UTC
    • Forecast: 52.8 | Previous: 54.4
12. New Home Sales (MoM) (Mar) – 14:00 UTC
    • Previous: 1.8%
13. New Home Sales (Mar) – 14:00 UTC
    • Forecast: 682K | Previous: 676K
14. Crude Oil Inventories – 14:30 UTC
    • Previous: 0.515M
15. Cushing Crude Oil Inventories – 14:30 UTC
    • Previous: -0.654M
16. 5-Year Note Auction – 17:00 UTC
    • Previous Yield: 4.100%
17. Beige Book Release – 18:00 UTC
    • Market Impact:
      • Summarizes economic conditions across Fed districts; could shift expectations for monetary policy.

Market Impact Analysis

• EUR: Sensitive to PMI figures and ECB commentary.
• USD: Driven by housing data, PMIs, Fed speakers, and the Beige Book.
• Oil Prices: May react to inventory data.
• Bond Market: Note auction results could influence yields and USD strength.

Overall Impact Score: 6/10

Key Focus: U.S. economic health via PMIs, Fed commentary, and Beige Book; Eurozone PMI surprises.