Key Economic Events: Week Of 26th May 2025
Release Date: 25 May 2025
26 May 2025
UK - Bank Holiday
Date:
26-May-25, Mon, All Day
Currency:
UK
Importance:
3
Notes:
United Kingdom - Bank Holiday. Expect reduced trading activity and liquidity in GBP currency pairs.
Learn More:
Legacy Reference
United States - Memorial Day
Date:
26-May-25, Mon, All Day
Currency:
USD
Importance:
3
Notes:
United States - Memorial Day. Expect reduced trading activity and liquidity in USD currency pairs.
Learn More:
Legacy Reference
US - Fed Chair Powell Speaks
Date:
26-May-25, Mon, 0:10 IST
Currency:
USD
Importance:
3
Notes:
Federal Reserve Chair Jerome Powell (Feb. 2018 – Feb. 2026) is to speak. As head of the Fed, which controls short term interest rates, he has more influence over the U.S. dollar's value than any other person. Traders closely watch his speeches as they are often used to drop hints regarding future monetary policy.
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USDJPY
EURUSD
27 May 2025
US - Durable Good Orders (MoM) (Apr) P
Date:
27-May-25, Tue, 18:00 IST
Currency:
USD
Importance:
3
Previous:
9.20%
Notes:
Durable Goods Orders reports the change in the total value of new orders for long lasting manufactured goods, including transportation items. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Learn More:
USDJPY
EURUSD
US - CB Consumer Confidence (May)
Date:
27-May-25, Tue, 19:30 IST
Currency:
USD
Importance:
3
Previous:
86.00
Notes:
Conference Board (CB) Consumer Confidence measures the level of confidence consumers have in the economy. When consumers are optimistic, they tend to spend more which increases consumption and overall economic growth. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
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USDJPY
EURUSD
28 May 2025
NZD - RBNZ Interest Rate Decision
Date:
28-May-25, Wed, 7:30 IST
Currency:
NZD
Importance:
3
Previous:
3.50%
Notes:
The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisers. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely. A reading that is stronger than forecast is generally supportive (bullish) for the NZD, while a weaker than forecast reading is generally negative (bearish) for the NZD.
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NZDJPY
NZDUSD
USD - FOMC Meeting Minutes
Date:
28-May-25, Wed, 23:30 IST
Currency:
USD
Importance:
3
Notes:
The Federal Open Market Committee (FOMC) Meeting Minutes are a detailed record of the committee's policy-setting meeting held about three weeks earlier. The minutes offer detailed insights regarding the FOMC's stance on monetary policy, so currency traders carefully examine them for clues regarding the outcome of future interest rate decisions.
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USDJPY
EURUSD
29 May 2025
Switzerland - Ascension Day
Date:
29-May-25, Thur, All Day
Currency:
CHF
Importance:
3
Notes:
Switzerland - Ascension Day. Expect reduced trading activity and liquidity in CHF currency pairs.
Learn More:
Legacy Reference
Norway - Ascension Day
Date:
29-May-25, Thur, All Day
Currency:
NOK
Importance:
3
Notes:
Norway - Ascension Day. Expect reduced trading activity and liquidity in NOK currency pairs.
Learn More:
Legacy Reference
USD - NVIDIA Earnings Release
Date:
29-May-25, Thur, 01:30 IST
Currency:
USD
Importance:
3
Forecast:
$0.89
Previous:
$0.58
Notes:
Expected EPS $0.89, revenue $43.12B. High AI-driven expectations mean a miss could spark a sharp drop. Key support at $125.62 (200-day MA); break below risks fall to $115, while beating forecasts may retest $153. Watch for tariff impacts and guidance on AI demand.
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UT100Roll
US - GDP (QoQ) (Q1) P
Date:
29-May-25, Thur, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
-0.30%
Previous:
2.40%
Notes:
Gross Domestic Product (GDP) measures the annualised change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
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USDJPY
EURUSD
US - Initial Jobless Claims
Date:
29-May-25, Thur, 18:00 IST
Currency:
USD
Importance:
3
Notes:
Initial Jobless Claims measures the number of people who filed for unemployment insurance for the first time during the past week. This is the most timely U.S. economic data, but the market impact varies from week to week. A reading that is higher than forecast is generally negative (bearish) for the USD, while a lower than forecast reading is generally supportive (bullish) for the USD.
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USDJPY
EURUSD
US - Crude Oil Inventories
Date:
29-May-25, Thur, 20:30 IST
Currency:
USD
Importance:
3
Previous:
1.328M
Notes:
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.
Learn More:
USOILRoll
30 May 2025
EUR - German CPI (MoM) (May) P
Date:
30-May-25, Fri, 17:30 IST
Currency:
EUR
Importance:
3
Previous:
0.40%
Notes:
The Consumer Price Index (CPI) measures the change in the prices of goods and services from the perspective of the consumer. As Germany has the largest output of any country in the euro-zone, the European Central bank pays very close attention to this figure in its role of maintaining price stability. A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR.
Learn More:
EURJPY
EURUSD
USD - Core PCE Price Index (MoM) (Apr)
Date:
30-May-25, Fri, 18:00 IST
Currency:
USD
Importance:
3
Previous:
0.00%
Notes:
The Core Personal Consumption Expenditure (PCE) Price Index measures the changes in the price of goods and services purchased by consumers for the purpose of consumption, excluding food and energy. Unlike the fixed-weight CPI, PCE is chain-weighted and thus adjusts to changing consumer behaviour. Core PCE is the Fed's preferred inflation measure and thus receives greater attention. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
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EURJPY
EURUSD
USD - Core PCE Price Index (YoY) (Apr)
Date:
30-May-25, Fri, 18:00 IST
Currency:
USD
Importance:
3
Previous:
2.60%
Notes:
The Core PCE price Index is the less volatile measure of the PCE price index which excludes the more volatile and seasonal food and energy prices. The impact on the currency may go both ways, a rise in inflation may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in inflation may lead to a deepened recession and therefore a fall in local currency.
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EURJPY
EURUSD
USD - Chicago PMI (May)
Date:
30-May-25, Fri, 19:15 IST
Currency:
USD
Importance:
3
Previous:
44.6
Notes:
The Chicago Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by manufacturing firms around the Chicago area. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. The Chicago PMI can be of some assistance in forecasting the ISM manufacturing PMI. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
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EURJPY
EURUSD
31 May 2025
Hong Kong - Tuen Ng Day
Date:
31-May-25, Sat, All Day
Currency:
HKD
Importance:
3
Notes:
Hong Kong - Tuen Ng Day. Expect reduced trading activity and liquidity in HKD currency pairs.
Learn More:
Legacy Reference
CNY - Manufacturing PMI (May)
Date:
31-May-25, Sat, 7:00 IST
Currency:
CNY
Importance:
3
Previous:
49.0
Notes:
China Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese manufacturing sector. It is compiled by China Federation of Logistics & Purchasing (CFLP) and China Logistics Information Centre (CLIC), based on data collected by the National Bureau of Statistics (NBS).Li & Fung Research Centre is responsible for drafting and disseminating the English PMI report. Every month questionnaires are sent to over 700 manufacturing enterprises all over China. The data presented here is compiled from the enterprises responses about their purchasing activities and supply situations. The PMI should be compared to other economic data sources when used in decision-making. A reading that is stronger than forecast is generally supportive (bullish) for the CNY , while a weaker than forecast reading is generally negative (bearish) for the CNY.
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USDCNY
USDCNH
18 June 2025
USD - Fed Interest Rate Decision
Date:
18-Jun-25, Wed, 23:30 IST
Currency:
USD
Importance:
3
Foreacast:
4.36%
Previous:
4.36%
Notes:
The Federal Open Market Committee (FOMC) announces its decision on the target range for the federal funds rate. Market expectations (e.g., via CME FedWatch Tool) and the accompanying statement/press conference are crucial for determining market impact and future policy direction.
Learn More:
CME FedWatch Tool
Source: Bloomberg, ADSS, News Articles, Company Research. Notes as of 25th May 2025, 6 PM.
For historical data and resources, please visit:
quantwater.tech/resources