
Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
00:30 | 2 points | Building Approvals (MoM) (Dec) | 0.9% | -3.6% | |
00:30 | 2 points | Retail Sales (MoM) (Dec) | -0.7% | 0.8% | |
01:45 | 2 points | Caixin Manufacturing PMI (Jan) | 50.6 | 50.5 | |
09:00 | 2 points | HCOB Eurozone Manufacturing PMI (Jan) | 46.1 | 45.1 | |
10:00 | 2 points | OPEC Meeting | ———- | ———- | |
10:00 | 2 points | Core CPI (YoY) (Jan) | 2.6% | 2.7% | |
10:00 | 3 points | CPI (YoY) (Jan) | 2.4% | 2.4% | |
10:00 | 2 points | CPI (MoM) (Jan) | ———- | 0.4% | |
14:45 | 3 points | S&P Global Manufacturing PMI (Jan) | 50.1 | 49.4 | |
15:00 | 2 points | Construction Spending (MoM) (Dec) | 0.3% | 0.0% | |
15:00 | 2 points | ISM Manufacturing Employment (Jan) | ———- | 45.4 | |
15:00 | 3 points | ISM Manufacturing PMI (Jan) | 49.3 | 49.2 | |
15:00 | 3 points | ISM Manufacturing Prices (Jan) | 52.6 | 52.5 | |
17:30 | 2 points | ISM Manufacturing Prices (Jan) | ———- | ———- | |
18:00 | 2 points | Atlanta Fed GDPNow (Q1) | 2.9% | 2.9% |
Summary of Upcoming Economic Events on February 3, 2025
Australia (🇦🇺)
Building Approvals (MoM) (Dec)(00:30 UTC)
- Forecast: 0.9%, Previous: -3.6%.
- A rebound in building approvals could support AUD strength.
- Retail Sales (MoM) (Dec)(00:30 UTC)
- Forecast: -0.7%, Previous: 0.8%.
- A sharp decline in consumer spending may weaken AUD and suggest economic slowing.
China (🇨🇳)
- Caixin Manufacturing PMI (Jan)(01:45 UTC)
- Forecast: 50.6, Previous: 50.5.
- A reading above 50 signals expansion in China’s manufacturing sector, potentially boosting sentiment in Asian markets.
Eurozone (🇪🇺)
- HCOB Eurozone Manufacturing PMI (Jan)(09:00 UTC)
- Forecast: 46.1, Previous: 45.1.
- Still in contraction (<50), but an improvement could indicate economic stabilization.
- Core CPI (YoY) (Jan)(10:00 UTC)
- Forecast: 2.6%, Previous: 2.7%.
- Lower inflation may increase ECB rate-cut expectations, weakening EUR.
- CPI (YoY) (Jan)(10:00 UTC)
- Forecast: 2.4%, Previous: 2.4%.
- Stable inflation suggests no immediate need for ECB rate changes.
- CPI (MoM) (Jan)(10:00 UTC)
- Forecast: 0.4%.
- A higher reading could signal persistent inflationary pressures.
United States (🇺🇸)
- OPEC Meeting(10:00 UTC)
- Any output changes or geopolitical tensions could impact oil prices and energy stocks.
- S&P Global Manufacturing PMI (Jan)(14:45 UTC)
- Forecast: 50.1, Previous: 49.4.
- A shift above 50 indicates growth, potentially supporting market sentiment.
- Construction Spending (MoM) (Dec) (15:00 UTC)
- Forecast: 0.3%, Previous: 0.0%.
- Positive spending data could boost the housing sector.
- ISM Manufacturing Employment (Jan) (15:00 UTC)
- Previous: 45.4.
- A reading below 50 suggests declining employment in the sector.
- ISM Manufacturing PMI (Jan) (15:00 UTC)
- Forecast: 49.3, Previous: 49.2.
- If it surpasses 50, it could indicate an industrial sector recovery.
- ISM Manufacturing Prices (Jan) (15:00 UTC)
- Forecast: 52.6, Previous: 52.5.
- Rising input costs may indicate future inflation concerns.
- FOMC Member Bostic Speaks (17:30 UTC)
- Possible insights into Fed policy direction.
- Atlanta Fed GDPNow (Q1) (18:00 UTC)
- Forecast: 2.9%, Previous: 2.9%.
- An increase may support bullish sentiment in equities.
Market Impact Analysis
- AUD: Retail Sales drop may weaken AUD, while a rebound in Building Approvals could offset losses.
- EUR: Lower inflation could push ECB rate-cut expectations higher, leading to a softer EUR.
- USD: ISM and PMI data will be key drivers; strong numbers may strengthen the dollar.
- Oil Prices: OPEC decisions could increase crude oil volatility.
Volatility & Impact Score
- Volatility: High (ISM Manufacturing PMI, CPI, and OPEC Meeting are key events).
- Impact Score: 7/10 – PMI, inflation data, and Fed speeches could drive major market moves.