Here are some of the important economic data that will be the focus of the market throughout this week.
MONDAY (June 23, 2025)
German Manufacturing & Services PMI (3.30 PM) – Still showing signs of contraction, the German PMI data as Europe's largest economy is expected to increase slightly but still be below the 50-point mark for June.
UK Manufacturing & Services PMI (4.30 PM) – The services sector in the UK is still showing good development while the manufacturing sector is still struggling to meet expectations for this month.
US Manufacturing & Services PMI (9.45 PM) – Both of these important American sectors continue to show good expansion above the 50-point mark. However, for June, the figures are expected to decline slightly.
TUESDAY (June 24, 2025)
Canadian Inflation Data (8.30 PM) – The monthly reading for the Canadian consumer price index is expected to recover to 0.5% for May, following a -0.1% contraction recorded in the previous month.
WEDNESDAY (June 25, 2025)
Australian Inflation Data (9.30 AM) – Australian inflation for May is expected to be unchanged at 2.4% as previously recorded. This data is a guide for central banks for setting policy, changes in the figure can have an impact on the currency.
THURSDAY (June 26, 2025)
US GDP Data (8.30 PM) – The final reading for US economic growth in the first quarter of 2025 is expected to be unchanged from the -0.2% contraction recorded in the previous report. This has sparked concerns that the US economy is heading towards recession.
FRIDAY (June 27, 2025)
Canadian GDP Data (8.30 PM) – Canadian economic growth is expected to record zero for April, down from 0.1% in the previous month.
US PCE Price Index (8.30 PM) – As one of the Federal Reserve's (Fed) favorite inflation indicators, this data, which measures US personal consumption spending, will have an impact on the US dollar's movements at the end of the week.
