Date: 29-Sep-25, Mon, 22:45 IST Currency: USD Importance: 3 Notes: U.S. President Trump Speaks Learn More: USDJPY EURUSD

Date: 30-Sep-25, Tue, 07:00 IST Currency: CNY Importance: 3 Forecast: Link Previous: 49.4 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 higher than expected reading should be taken as positive/bullish for the CNY, while a lower than expected reading should be taken as negative/bearish for the CNY. Learn More: USDCNY USDCNH

Date: 30-Sep-25, Tue, 10:00 IST Currency: AUD Importance: 3 Forecast: 3.60% Previous: 3.60% Notes: Reserve Bank of Australia (RBA) board members come to a consensus on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. A higher than expected rate is positive/bullish for the AUD, while a lower than expected rate is negative/bearish for the AUD. Learn More: AUDJPY AUDUSD

Date: 30-Sep-25, Tue, 11:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: 0.30% Notes: Gross Domestic Product (GDP) measures the annualized 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 higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP. Learn More: GBPJPY GBPUSD

Date: 30-Sep-25, Tue, 11:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: 1.20% Notes: Gross Domestic Product (GDP) measures the annualized 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 higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP. Learn More: GBPJPY GBPUSD

Date: 30-Sep-25, Tue, 17:30 IST Currency: EUR Importance: 3 Forecast: Link Previous: 0.10% Notes: The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers. A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR. Learn More: EURJPY EURUSD

Date: 30-Sep-25, Tue, 19:15 IST Currency: USD Importance: 3 Forecast: Link Previous: 41.5 Notes: The Chicago Purchasing Managers' Index (PMI) determines the economic health of the manufacturing sector in Chicago region. A reading above 50 indicates expansion of the manufacturing sector; a reading below indicates contraction. The Chicago PMI can be of some help in forecasting the ISM manufacturing PMI. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Learn More: USDJPY EURUSD

Date: 30-Sep-25, Tue, 19:30 IST Currency: USD Importance: 3 Forecast: 96 Previous: 97.4 Notes: A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Learn More: USDJPY EURUSD

Date: 01-Oct-25, Wed, All Day Currency: HKD Importance: 3 Notes: National Day is a public holiday in Hong Kong that commemorates the founding of the People's Republic of China. It is a significant day marked by various celebrations and festivities. On this day, government offices, banks, and many businesses remain closed. The holiday can affect market liquidity and economic data releases during the week. The Hong Kong Special Administrative Region's connection to the mainland often results in correlated market movements between Hong Kong and mainland Chinese markets during national holidays. Learn More: Legacy Reference

Date: 01-Oct-25, Wed, All Day Currency: CNY Importance: 3 Notes: National Day in China commemorates the founding of the People's Republic of China and is one of the most important holidays in China. The celebration typically begins on October 1st and continues for several days as part of the Golden Week holiday period. During this time, government offices, banks, and most businesses remain closed, significantly affecting market operations and economic data releases. The extended holiday period often results in reduced trading volumes in Chinese markets and can impact global commodity prices due to China's role as a major consumer. Currency movements during this period can be influenced by limited market liquidity and potential policy announcements around the holiday. Learn More: Legacy Reference

Date: 01-Oct-25, Wed, 14:30 IST Currency: EUR Importance: 3 Forecast: 2.30% Previous: 2.00% Notes: The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR. Learn More: EURJPY EURUSD

Date: 01-Oct-25, Wed, 17:45 IST Currency: USD Importance: 3 Forecast: Link Previous: 54K Notes: The ADP National Employment Report is a measure of the monthly change in non-farm, private employment, based on the payroll data of approximately 400,000 U.S. business clients. The release, two days ahead of government data, is a good predictor of the government's non-farm payroll report. The change in this indicator can be very volatile. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Learn More: USDJPY EURUSD

Date: 01-Oct-25, Wed, 19:15 IST Currency: USD Importance: 3 Forecast: 52 Previous: 53 Notes: The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company's performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the USD while a lower than expected reading should be taken as negative/bearish for the USD. Learn More: USDJPY EURUSD

Date: 01-Oct-25, Wed, 19:30 IST Currency: USD Importance: 3 Forecast: 49.2 Previous: 48.7 Notes: The Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) Report on Business is based on data compiled from monthly replies to questions asked of purchasing and supply executives in over 400 industrial companies. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers Inventories, Employment, and Prices), this report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction and the negative economic direction and the diffusion index. Responses are raw data and are never changed. The diffusion index includes the percent of positive responses plus one-half of those responding the same (considered positive). The resulting single index number is then seasonally adjusted to allow for the effects of repetitive intra-year variations resulting primarily from normal differences in weather conditions, various institutional arrangements, and differences attributable to non-moveable holidays. All seasonal adjustment factors are supplied by the U.S. Department of Commerce and are subject annually to relatively minor changes when conditions warrant them. The PMI is a composite index based on the seasonally adjusted diffusion indices for five of the indicators with varying weights: New Orders --30% Production --25% Employment --20% Supplier Deliveries --15% and Inventories -- 10%. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Learn More: USDJPY EURUSD

Date: 02-Oct-25, Thur, All Day Currency: CNY Importance: 3 Notes: National Day in China commemorates the founding of the People's Republic of China and is one of the most important holidays in China. The celebration typically begins on October 1st and continues for several days as part of the Golden Week holiday period. During this time, government offices, banks, and most businesses remain closed, significantly affecting market operations and economic data releases. The extended holiday period often results in reduced trading volumes in Chinese markets and can impact global commodity prices due to China's role as a major consumer. Currency movements during this period can be influenced by limited market liquidity and potential policy announcements around the holiday. Learn More: Legacy Reference

Date: 02-Oct-25, Thur, All Day Currency: INR Importance: 3 Notes: Mahatma Gandhi Jayanti is a national holiday in India that commemorates the birth anniversary of Mahatma Gandhi, the leader of India's independence movement. It is observed as a tribute to the 'Father of the Nation' and is marked by prayer services, ceremonies, and tributes across the country. On this day, government offices, banks, and many businesses remain closed. The holiday affects market liquidity in Indian financial markets and may impact the trading of INR. This public holiday can also influence economic data releases and business activities for the week. The day is also recognized as the International Day of Non-Violence by the United Nations. Learn More: Legacy Reference

Date: 02-Oct-25, Thur, 18:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 218K Notes: Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week. A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD. Learn More: USDJPY EURUSD

Date: 03-Oct-25, Fri, All Day Currency: CNY Importance: 3 Notes: National Day in China commemorates the founding of the People's Republic of China and is one of the most important holidays in China. The celebration typically begins on October 1st and continues for several days as part of the Golden Week holiday period. During this time, government offices, banks, and most businesses remain closed, significantly affecting market operations and economic data releases. The extended holiday period often results in reduced trading volumes in Chinese markets and can impact global commodity prices due to China's role as a major consumer. Currency movements during this period can be influenced by limited market liquidity and potential policy announcements around the holiday. Learn More: Legacy Reference

Date: 03-Oct-25, Fri, All Day Currency: KRW Importance: 3 Notes: National Foundation Day in South Korea commemorates the legendary founding of Gojoseon, the first Korean state, by Dangun in 2333 BC. It is a significant public holiday in South Korea that celebrates the nation's history and cultural identity. On this day, government offices, banks, and many businesses remain closed. The holiday can affect market liquidity in Korean financial markets and may impact the trading of KRW. This public holiday often results in reduced business activity in South Korea as many people take time off to participate in traditional celebrations and spend time with family. The holiday can also affect economic data releases and market sentiment for the week. Learn More: Legacy Reference

Date: 03-Oct-25, Fri, 18:00 IST Currency: USD Importance: 3 Forecast: 0.30% Previous: 0.30% Notes: Average Hourly Earnings measures the change in the price businesses pay for labor, not including the agricultural sector. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Release contingent on no Government shutdown. Learn More: USDJPY EURUSD

Date: 03-Oct-25, Fri, 18:00 IST Currency: USD Importance: 3 Forecast: 39K Previous: 22K Notes: Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Release contingent on no Government shutdown. Learn More: USDJPY EURUSD

Date: 03-Oct-25, Fri, 18:00 IST Currency: USD Importance: 3 Forecast: 4.30% Previous: 4.30% Notes: The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD. Release contingent on no Government shutdown. Learn More: USDJPY EURUSD

Date: 03-Oct-25, Fri, 19:15 IST Currency: USD Importance: 3 Forecast: 54.50 Previous: 53.90 Notes: The Service PMI release is published monthly by Markit Economics. The data are based on surveys of over 400 executives in private sector service companies. The surveys cover transport and communication, financial intermediaries, business and personal services, computing & IT, hotels and restaurants. An index level of 50 denotes no change since the previous month, while a level above 50 signals an improvement, and below 50 indicates a deterioration. 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

Date: 03-Oct-25, Fri, 19:30 IST Currency: USD Importance: 3 Forecast: Link Previous: 52.00 Notes: The Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI) (also known as the ISM Services PMI) report on Business, a composite index is calculated as an indicator of the overall economic condition for the non-manufacturing sector. The NMI is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries. A reading above 50 percent indicates the non-manufacturing sector economy is generally expanding; below 50 percent indicates the non-manufacturing sector is generally contracting. The Non-Manufacturing ISM Report on Business is based on data compiled from monthly replies to questions asked of more than 370 purchasing and supply executives in over 62 different industries representing nine divisions from the Standard Industrial Classification (SIC) categories. Membership of the Business Survey Committee is diversified by SIC category and is based on each industry contribution to Gross Domestic Product (GDP). A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Learn More: USDJPY EURUSD

Date: 03-Oct-25, Fri, 19:30 IST Currency: USD Importance: 3 Forecast: Link Previous: 69.20 Notes: The Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI) (also known as the ISM Services PMI) report on Business, a composite index is calculated as an indicator of the overall economic condition for the non-manufacturing sector. The NMI is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries. A reading above 50 percent indicates the non-manufacturing sector economy is generally expanding; below 50 percent indicates the non-manufacturing sector is generally contracting. The Non-Manufacturing ISM Report on Business is based on data compiled from monthly replies to questions asked of more than 370 purchasing and supply executives in over 62 different industries representing nine divisions from the Standard Industrial Classification (SIC) categories. Membership of the Business Survey Committee is diversified by SIC category and is based on each industry contribution to Gross Domestic Product (GDP). A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Learn More: USDJPY EURUSD

Date: 29-Oct-25, Wed, 23:30 IST Currency: USD Importance: 3 Forecast: 3.91% Previous: 4.38% 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. 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: CME FedWatch Tool