
Time(GMT+0/UTC+0) | State | Importance | Event |
| Previous |
01:30 | 2 points | CPI (YoY) (Q2) | 2.1% | 2.4% | |
01:30 | 2 points | CPI (QoQ) (Q2) | 0.8% | 0.9% | |
01:30 | 2 points | Trimmed Mean CPI (QoQ) (Q2) | 0.7% | 0.7% | |
09:00 | 2 points | GDP (YoY) (Q2) | 1.2% | 1.5% | |
09:00 | 2 points | GDP (QoQ) (Q2) | 0.0% | 0.6% | |
12:15 | 3 points | ADP Nonfarm Employment Change (Jul) | 82K | -33K | |
12:30 | 2 points | Core PCE Prices (Q2) | ———- | 3.50% | |
12:30 | 3 points | GDP (QoQ) (Q2) | 2.4% | -0.5% | |
12:30 | 2 points | GDP Price Index (QoQ) (Q2) | 2.3% | 3.8% | |
14:00 | 2 points | Pending Home Sales (MoM) (Jun) | 0.3% | 1.8% | |
14:30 | 3 points | Crude Oil Inventories | ———- | -3.169M | |
14:30 | 2 points | Cushing Crude Oil Inventories | ———- | 0.455M | |
18:00 | 3 points | FOMC Statement | ———- | ———- | |
18:00 | 3 points | Fed Interest Rate Decision | 4.50% | 4.50% | |
18:30 | 3 points | FOMC Press Conference | ———- | ———- | |
23:50 | 2 points | Industrial Production (MoM) (Jun) | -0.7% | -0.1% |
Summary of Upcoming Economic Events on July 30, 2025
Asia – Australia & Japan
Australia – CPI Q2 (YoY/QoQ & Trimmed-Mean) – 01:30 UTC
- Forecast YoY: 2.1% (prev 2.4%)
- Forecast QoQ: 0.8% (prev 0.9%)
- Trimmed-Mean QoQ: 0.7% (unchanged)
- Impact: A deceleration in inflation suggests moderation in pricing pressure, which may reduce pressure on the RBA to hike rates and weaken AUD modestly. A stable trimmed mean indicates persistent core inflation, which could temper dovish expectations.
Japan – Industrial Production (MoM, Jun) – 23:50 UTC
- Forecast: –0.7% (prev –0.1%)
- Impact: A deeper contraction may indicate slower industrial output and weak demand—potentially negative for JPY and local equities.
Europe – Eurozone Growth Data
GDP Q2 – 09:00 UTC
- Quarter-on-Quarter: 0.0% (prev +0.6%)
- Year-on-Year: 1.2% (prev 1.5%)
- Impact: Flat QoQ growth alongside a slowdown YoY may reinforce concerns about Eurozone stagnation, pressuring the EUR and prompting cautious sentiment toward European asset classes.
United States – Labor, Growth, Housing & Fed Policy
ADP Nonfarm Employment Change (Jul) – 12:15 UTC
- Forecast: +82K (prev –33K)
- Impact: A strong rebound suggests job growth momentum, which may reduce speculation of imminent Fed rate cuts and support the USD.
GDP (QoQ, Q2) – 12:30 UTC
- Forecast: +2.4% (prev –0.5%)
- Impact: Indicates a strong rebound from Q1 contraction—suggests resilient economic activity and supports a Fed pause or cautious messaging.
GDP Price Index (QoQ, Q2) – 12:30 UTC
- Forecast: +2.3% (prev 3.8%)
- Impact: Moderating prices ease inflation concerns, potentially reinforcing the Fed’s data-dependent stance toward rate cuts.
Core PCE Price Index (Q2) – 12:30 UTC
- Impact: The Fed’s preferred inflation measure remains critical—persistent upside surprises may delay easing.
Pending Home Sales (MoM, Jun) – 14:00 UTC
- Forecast: +0.3% (prev +1.8%)
- Impact: Slower growth may reflect rate-sensitive cooling in housing; weak numbers could weigh on homebuilder stocks and signal softer consumption.
Crude Oil Inventories & Cushing Data – 14:30 UTC
- Previous: –3.169M draw (Cushing +0.455M)
- Impact: Drawdown supports oil prices; builds—including at Cushing—may cap price gains or pressure energy equities.
Federal Reserve – Policy Decision & Guidance
FOMC Statement & Rate Decision – 18:00 UTC
- Rate Decision: Expected to remain at 4.50% (unchanged)
- Impact: The statement will convey the Fed’s forward guidance on rate cuts, with subtle cues on the timing of easing. Market will parse language around inflation and employment.
FOMC Press Conference – 18:30 UTC
- Impact: Chair’s remarks and Q&A session are crucial. Any shift in tone—forward tilt or dovish hints—will likely cause volatility in USD, Treasuries, and equity markets.
Market Impact Analysis
- U.S. Federal Reserve action dominates the day. The statement and press conference are likely to be the key drivers of global risk sentiment.
- U.S. macro data (ADP, GDP, housing) provide context for the policy decision, especially regarding employment and growth momentum.
- Eurozone GDP adds to global growth assessment, potentially weakening EUR.
- Australian CPI and Japanese industrial production contain signals for regional inflation and output trends that may influence AUD and JPY.
- Energy data offers additional color for inflation expectations and sector rotations within equities.
Overall Impact Score: 9.5 / 10
Key Watchpoints:
- Fed statement and press conference tone: hawkish vs dovish cues.
- U.S. employment and growth data: upward surprises may delay rate cuts.
- Core PCE results: central to inflation outlook and Fed decisions.
- Eurozone GDP: if flat as forecast, could reinforce dovish ECB expectations.
- Australia CPI and Japan output: secondary but influential for Asian currency moves.