Economic Calendar Overview
The following economic calendar outlines key global economic data from June 23-27, 2025. This period is crucial as traders and investors closely watch inflation, Thailand’s rate decision, central banks’ speeches, and U.S. jobs data.
Monday’s Highlights
- Japan: Jibun Bank Manufacturing PMI Flash is expected to be 49.5, slightly up from the previous 49.4. Services PMI Flash is anticipated to rise to 51.5 from 51.0, and Composite PMI Flash to 50.7 from 50.2.
- Euro Area: HCOB Composite PMI Flash is forecasted at 50.5, up from 50.2. Manufacturing PMI Flash is expected at 49.8, an increase from 49.4, and Services PMI Flash at 50, up from 49.7. ECB President Lagarde is scheduled to give a speech.
- GB: S&P Global Manufacturing PMI Flash is predicted to be 46.6, slightly up from 46.4. Services PMI Flash is expected at 51.3, rising from 50.9, and Composite PMI Flash at 50.5, up from 50.3.
- USA: Fed speeches by Daly and Waller are scheduled. S&P Global Composite PMI Flash is forecasted at 52.5, down from 53. Manufacturing PMI Flash is expected at 51, down from 52, and Services PMI Flash at 52.9, down from 53.7. Existing Home Sales for May are predicted to be 3.96M, and the sales are expected to decrease by 1.3% month-over-month.
Tuesday’s Key Events
- China: The National People’s Congress Standing Committee convenes.
- Euro Area: ECB President Lagarde will give another speech.
- USA: The Current Account for Q1 is expected to be $-440B, worse than the previous $-380B. Fed Chair Powell will testify. Consumer Confidence for June is forecasted at 99.8, up from 98.0.
Wednesday’s Economic Indicators
- Thailand: The Interest Rate Decision is anticipated to remain at 1.75%.
- Japan: The BoJ will release a Summary of Opinions.
- China: The National People’s Congress Standing Committee continues.
- USA: API Crude Oil Stock Change is pending. Fed Chair Powell will testify again. New Home Sales for May are expected to be 0.70M, with a month-over-month change predicted at -5.8%. EIA Crude Oil Stocks Change, EIA Gasoline Stocks Change, and Building Permits Final for May will also be released.
Thursday’s Events
- China: The National People’s Congress Standing Committee continues.
- USA: Fed Barkin is scheduled to speak. Durable Goods Orders MoM for May are forecasted at 7.2%, a significant increase from -6.3%. GDP Growth Rate QoQ Final for Q1 is expected to be -0.2%, a decrease from 2.4%. Initial Jobless Claims and Pending Home Sales MoM for May will also be announced.
Friday’s Global Data
- Thailand: New Car Sales YoY for May and Industrial Production YoY are anticipated.
- China: The National People’s Congress Standing Committee concludes. Industrial Profits (YTD) YoY for May is expected at 1.5%, and the Current Account Final for Q1 at $165.6B.
- Japan: Unemployment Rate for May is predicted to remain at 2.5%. Tokyo CPI YoY and Tokyo Core CPI YoY for June are forecasted at 3.5% and 3.3%, respectively.
- Euro Area: ECB President Lagarde will give another speech. Economic Sentiment for June is expected at 95.3, and Consumer Confidence Final at -15.3.
- GB: Current Account for Q1 and GDP Growth Rate QoQ Final for Q1 will be released.
- USA: Fed Williams and Fed Cook are scheduled to speak. Core PCE Price Index MoM for May, Personal Income MoM, Personal Spending MoM, and PCE Price Index MoM are all expected to show minimal changes. Michigan Consumer Sentiment Final for June is forecasted at 60.3.
Conclusion
The period from June 23-27, 2025, is packed with significant economic data releases and speeches from central bank officials. Investors and traders will closely watch these events for insights into inflation, economic growth, and monetary policy decisions, which will likely influence market trends and investment strategies. The combination of manufacturing, services, and composite PMI data, along with interest rate decisions and consumer confidence indices, will provide a comprehensive view of the global economic landscape. As the world navigates through economic challenges and opportunities, these data points will be crucial in understanding the direction of economies and making informed financial decisions.
