Key Economic Events: Week Of 27th October 2025
Release Date: 27th October 2025
What to Expect in Markets This Week: The focus this week is on the Federal Reserve's interest rate decision, which will be closely watched for signals about future monetary policy direction. The Bank of Canada will also announce its interest rate decision, while the European Central Bank will make important announcements that could impact the EUR. Additionally, the week features key economic data including German GDP, US GDP, and consumer price indices from the US and Germany. The market will also be influenced by the FOMC statement and press conference following the Fed decision.
27 October 2025
NZD - Holiday - New Zealand Labour Day
Date:
27-Oct-25, Mon, All Day
Currency:
NZD
Importance:
Holiday
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.
Learn More:
Legacy Reference
USD - Durable Goods Orders (MoM) (Sep) P
Date:
27-Oct-25, Mon, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-2.70%
Notes:
Durable Goods Orders measures the change in the total value of new orders for long lasting manufactured goods, including transportation items. 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.
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USDJPY
EURUSD
28 October 2025
USD - CB Consumer Confidence (Oct)
Date:
28-Oct-25, Tue, 19:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
94.2
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
29 October 2025
HKD - Holiday - Hong Kong Chung Yeung Day
Date:
29-Oct-25, Wed, All Day
Currency:
HKD
Importance:
Holiday
Forecast:
Link
Notes:
Existing Home Sales measures the change in the annualized number of existing residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a key indicator of overall economic strength. 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:
Legacy Reference
CAD - BoC Interest Rate Decision
Date:
29-Oct-25, Wed, 19:15 IST
Currency:
CAD
Importance:
3
Forecast:
Link
Previous:
2.50%
Notes:
The Bank of Canada (BOC) publishes its decision on where to set the benchmark interest rate. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely. A reading that is weaker than forecast is generally supportive (bullish) for the CAD, while a stronger than forecast reading is generally negative (bearish) for the CAD.
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USDCAD
CADJPY
USD - FOMC Statement
Date:
29-Oct-25, Wed, 23:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
Notes:
The U.S. Federal Reserve's Federal Open Market Committee (FOMC) statement is the primary tool the panel uses to communicate with investors about monetary policy. It contains the outcome of the vote on interest rates, discusses the economic outlook and offers clues on the outcome of future votes. A more dovish than expected statement could be taken as negative/bearish for the USD, while a more hawkish than expected statement could be taken as positive/bullish for the USD.
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USDJPY
EURUSD
USD - Fed Interest Rate Decision
Date:
29-Oct-25, Wed, 23:30 IST
Currency:
USD
Importance:
3
Forecast:
4.00%
Previous:
4.25%
Notes:
Federal Open Market Committee (FOMC) members vote on where to set the target interest rate. Traders watch interest rate changes closely as relative short term interest rates are a primary factor in currency valuation. 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:
Fed Website
USDJPY
EURUSD
30 October 2025
USD - FOMC Press Conference
Date:
30-Oct-25, Thur, 0:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
Notes:
FOMC Press Conference hosted by Fed Chair Jerome Powell. This is where the Fed Chair provides additional insight into the Fed's recent policy decisions and economic outlook.
Learn More:
Fed Website
USDJPY
EURJPY
JPY - BoJ Interest Rate Decision
Date:
30-Oct-25, Thur, 8:30 IST
Currency:
JPY
Importance:
3
Forecast:
Link
Previous:
Notes:
Bank of Japan (BOJ) policy board publishes its decision about where to set the target overnight rate. 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 JPY, while a weaker than forecast reading is generally negative (bearish) for the JPY.
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USDJPY
EURJPY
EUR - German GDP (QoQ) (Q3) P
Date:
30-Oct-25, Thur, 14:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
-0.30%
Notes:
Gross Domestic Product (GDP) is the broadest measure of economic activity and is a key indicator of economic health. The quarterly percent changes in GDP show the growth rate of the economy as a whole. 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 - GDP (QoQ) (Q3) P
Date:
30-Oct-25, Thur, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
3.80%
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.
Learn More:
USDJPY
EURUSD
EUR - German CPI (MoM) (Oct) P
Date:
30-Oct-25, Thur, 18:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
0.20%
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.
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EURJPY
EURUSD
EUR - Deposit Facility Rate (Oct)
Date:
30-Oct-25, Thur, 18:45 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
2.00%
Notes:
Deposit Facility Rate is the interest rate which banks get for deposits they place with the ECB. Changes in the rate influence money market rates and can affect the whole economy.
Learn More:
EURJPY
EURUSD
EUR - ECB Interest Rate Decision (Oct)
Date:
30-Oct-25, Thur, 18:45 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
2.15%
Notes:
The European Central Bank publishes its decision on where to set the benchmark interest rate. 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 EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR.
Learn More:
EURJPY
EURUSD
EUR - ECB Press Conference
Date:
30-Oct-25, Thur, 19:15 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
Notes:
The European Central Bank (ECB) press conference is held monthly, about 45 minutes after the Minimum Bid Rate is announced. The conference is approximately an hour long and has two parts. Firstly, a prepared statement is read, then the conference is open to press questions. The press conference examines the factors which affected the ECB's interest rate decision and deals with the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy. High levels of volatility can frequently be observed during the press conference as press questions lead to unscripted answers.
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EURJPY
EURUSD
31 October 2025
CNY - Manufacturing PMI (Oct)
Date:
31-Oct-25, Fri, 7:00 IST
Currency:
CNY
Importance:
3
Forecast:
Link
Previous:
49.8
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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USDCNH
USDCNY
EUR - CPI (YoY) (Oct) P
Date:
31-Oct-25, Fri, 15:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
2.20%
Notes:
The Consumer Price Index (CPI) measures the change in the prices of goods and services contained in a basket of consumer items. The 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:
USDJPY
EURUSD
USD - Core PCE Price Index (MoM) (Sep)
Date:
31-Oct-25, Fri, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.20%
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.
Learn More:
USDJPY
EURUSD
USD - Core PCE Price Index (YoY) (Sep)
Date:
31-Oct-25, Fri, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
2.90%
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.
Learn More:
USDJPY
EURUSD
USD - Chicago PMI (Oct)
Date:
31-Oct-25, Fri, 19:15 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
40.6
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.
Learn More:
USDJPY
EURUSD
01 November 2025
USD - Fed Interest Rate Decision
Date:
01-Nov-25, Sat, 23:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
4.36%
Notes:
Federal Open Market Committee (FOMC) members vote on where to set the target interest rate. Traders watch interest rate changes closely as relative short term interest rates are a primary factor in currency valuation. 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:
Fed Website
CME FedWatch Tool
Source: Investing.com, Firm Research. Notes as of 26th October 2025, 8 PM.
For historical data and resources, please visit:
quantwater.tech/resources