Here are some of the important economic data that will be the focus of the market throughout this week.
WEDNESDAY (October 29, 2025)
Australian Inflation Data (8.30 AM) – The market expects price increases to continue in Australia for September. Inflation is forecast to rise to 3.1% after the previous 3.0%.
BOC Policy Meeting (9.45 PM) – Still in monetary easing mode, the Canadian central bank is expected to extend the interest rate cut by 25 basis points to 2.25% for the October meeting.
THURSDAY (October 30, 2025)
FOMC Meeting (2.00 AM) – In the main focus this week, the market is expecting a further 25 basis point cut by the Federal Reserve after the first cut of the year was made in September. Will the policy easing measures really continue?
BOJ Policy Meeting (Asian Session) – The Bank of Japan is expected to keep interest rates unchanged at 0.50%. Markets are also cautiously watching the central bank’s further monetary policy stance after the appointment of a new Japanese Prime Minister.
US GDP Data (New York Session) – The US economic growth reading for the second quarter ended at 3.8% after data was updated. For the initial reading of the third quarter growth is expected to be 3.0%.
ECB Policy Meeting (9.15 PM) – The European Central Bank is expected to keep interest rates at 2.15% for the third meeting. The follow-up speech by President Christine Lagarde will be watched to gauge the future direction of the central bank’s policy.
FRIDAY (October 31, 2025)
China Manufacturing & Services PMI Data (9.30 AM) – The health of the world’s second largest economy will be closely watched as key sector data is released this week. The readings are expected to show no significant change for the October figures.
Canadian GDP Data (8.30 PM) – Zero growth is expected in the Canadian economic report for August, down slightly from the previous reading of 0.2%.
US PCE Price Index Data (New York Session) – After last week’s CPI data, the central bank will also be looking at key inflation indicators from the PCE index data due out this week. The forecast for US personal consumption spending in September is unchanged at 0.2%.
