Upcoming economic events 25 March 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
05:00		2 points	BoJ Core CPI (YoY)	———-	2.2%
12:00		2 points	Building Permits (Feb)	1.456M	1.473M
13:00		2 points	S&P/CS HPI Composite – 20 n.s.a. (YoY) (Jan)	4.6%	4.5%
13:00		2 points	S&P/CS HPI Composite – 20 n.s.a. (MoM) (Jan)	0.2%	-0.1%
13:05		2 points	FOMC Member Williams Speaks	———-	———-
14:00		3 points	CB Consumer Confidence (Mar)	94.2	98.3
14:00		3 points	New Home Sales (Feb)	682K	657K
14:00		2 points	New Home Sales (MoM) (Feb)	———-	-10.5%
17:00		2 points	2-Year Note Auction	———-	4.169%
18:35		2 points	FOMC Member Williams Speaks	———-	———-
20:30		2 points	API Weekly Crude Oil Stock	———-	4.593M

Summary of Upcoming Economic Events on March 25, 2025

Japan (🇯🇵)

BoJ Core CPI (YoY) (05:00 UTC)
Previous: 2.2%
Market Impact:
This measure of underlying inflation, excluding volatile food prices, is closely watched for BoJ policy signals.

• A higher print could spark yen strength on rate speculation.
• A weaker reading may reinforce the BoJ’s dovish stance, pressuring JPY.

United States (🇺🇸)

Building Permits (Feb) (12:00 UTC)
Forecast: 1.456M | Previous: 1.473M
Market Impact:
Permits are a forward-looking housing market indicator.

• A soft print may signal cooling in construction activity.
• A beat could support economic resilience narratives and the USD.

S&P/CS HPI Composite – 20 n.s.a. (YoY, Jan) (13:00 UTC)
Forecast: 4.6% | Previous: 4.5%
Market Impact:
Year-over-year price appreciation indicates ongoing housing market strength.

• A higher reading may lift rate expectations and the dollar.
• Slower growth could suggest easing price pressures.

S&P/CS HPI Composite – 20 n.s.a. (MoM, Jan) (13:00 UTC)
Forecast: 0.2% | Previous: -0.1%
Market Impact:
Monthly trends offer real-time insight into momentum.

• A rebound supports stable housing fundamentals.
• Continued weakness could weigh on homebuilder sentiment.

FOMC Member Williams Speaks (13:05 & 18:35 UTC)
Market Impact:
Williams is a key voice on monetary policy.

• Hawkish tone may strengthen the USD and lift yields.
• Dovish remarks could support equities but pressure the dollar.

CB Consumer Confidence (Mar) (14:00 UTC)
Forecast: 94.2 | Previous: 98.3
Market Impact:
This gauge of household sentiment affects consumption outlook.

• A decline may raise concerns over future spending.
• Strong data would signal economic durability, boosting USD.

New Home Sales (Feb) (14:00 UTC)
Forecast: 682K | Previous: 657K
Market Impact:
Sales trends provide insight into housing demand.

• An uptick may support broader economic confidence.
• Misses could point to affordability issues or rate sensitivity.

New Home Sales (MoM, Feb) (14:00 UTC)
Previous: -10.5%
Market Impact:

• A strong rebound could lift housing-linked equities.
• Continued declines might indicate sectoral weakness.

2-Year Note Auction (17:00 UTC)
Previous: 4.169%
Market Impact:
Investor demand and yield results reflect market views on Fed policy.

• A higher yield may signal rising rate expectations.
• Weak demand could pressure bond prices.

API Weekly Crude Oil Stock (20:30 UTC)
Previous: +4.593M
Market Impact:
Inventory shifts influence crude prices and energy sector sentiment.

• Another build may weigh on oil prices.
• A surprise drawdown could support a rally in WTI and Brent.

Market Impact Analysis

JPY: BoJ inflation data may drive early Asian session volatility in yen pairs.
USD: Consumer confidence, housing metrics, and Fed commentary are key drivers.
Oil: API stock data may influence late-day energy markets and oil-linked assets.

Overall Impact Score: 7/10
Key Focus: U.S. consumer data, real estate activity, and remarks from FOMC’s Williams.