Thomas Daniels
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| Time(GMT+0/UTC+0) | State | Importance | Event | | Previous |
| 05:00 |  | 2 points | BoJ Core CPI (YoY) | 2.5% | 2.5% |
| 14:00 |  | 3 points | Existing Home Sales (Jun) | 4.01M | 4.03M |
| 14:00 | | 2 points | Existing Home Sales (MoM) (Jun) | ———- | 0.8% |
| 14:30 | | 3 points | Crude Oil Inventories | ———- | -3.859M |
| 14:30 | | 2 points | Cushing Crude Oil Inventories | ———- | 0.213M |
| 17:00 | | 2 points | 20-Year Bond Auction | ———- | 4.942% |
Summary of Upcoming Economic Events on July 23, 2025
Asia – Japan
BoJ Core CPI (YoY) – 05:00 UTC
- Forecast: 2.5% (same as previous)
- Impact: Core inflation stable at 2.5% reinforces current BoJ stance. A higher print could fuel rate hike speculation, modestly supporting the JPY.
United States – Housing, Energy, and Bonds
Existing Home Sales (Jun) – 14:00 UTC
- Forecast: 4.01M (previous 4.03M)
- MoM Change: Previous was +0.8%
- Impact: A slight decline in sales suggests housing demand is plateauing amid rate pressures. Impacts homebuilder stocks, mortgage rates, and consumer confidence.
Crude Oil Inventories – 14:30 UTC
- Previous: –3.859M
Cushing Inventories – 14:30 UTC - Previous: +0.213M
- Impact: Continued drawdowns support oil prices, signaling stronger demand or supply constraints. A surprise build could pressure energy equities.
20-Year Bond Auction – 17:00 UTC
- Previous Yield: 4.942%
- Impact: High demand = lower yields, signaling investor confidence in long-term rates. Weak demand may raise yields and weigh on Treasuries and equities.
Market Impact Analysis
- U.S. housing data offers insights into consumer resilience and mortgage cost effects.
- Oil inventory trends remain critical to inflation expectations and energy sector performance.
- 20-Year auction gives cues on bond market confidence and longer-term interest rate expectations.
- BoJ inflation data is steady, but any surprise could shift JPY dynamics.
Overall Impact Score: 7.5 / 10
Key Watchpoints
- Existing Home Sales: Watch for deviations—sharp drop could hurt housing stocks.
- Crude oil data: Another draw supports inflation pressure narrative.
- BoJ Core CPI: May influence Asian markets’ early session risk tone.
- Bond auction demand: Market confidence indicator for rate trajectory and inflation risk.
