The macroeconomic data released today presents a mixed picture of the global economy. The PMI figures from various regions suggest varying levels of manufacturing health, reflecting both growth and contraction in different territories. Inflation rates and employment figures are providing key indicators of economic momentum and potential policy adjustments by central banks. Market participants will be keenly observing these figures to gauge the future direction of currencies and overall economic health.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
ISM Manufacturing PMI (Jul) | 2025-08-01 14:00:00 | 49 | 48 | 49.5 | -1 | High |
Michigan Consumer Sentiment (Jul) | 2025-08-01 14:00:00 | 60.7 | 61.7 | 62 | 1 | High |
S&P Global Manufacturing PMI (Jul) | 2025-08-01 13:45:00 | 52.9 | 49.8 | 49.5 | -3.1 | High |
Nonfarm Payrolls Private (Jul) | 2025-08-01 12:30:00 | 3k | 83k | 100k | 80 | High |
Non Farm Payrolls (Jul) | 2025-08-01 12:30:00 | 14k | 73k | 110k | 59 | High |
Unemployment Rate (Jul) | 2025-08-01 12:30:00 | 4.1% | 4.2% | 4.2% | 0.1 | High |
U-6 Unemployment Rate (Jul) | 2025-08-01 12:30:00 | 7.7% | 7.9% | 7.8% | 0.2 | High |
π£οΈ Economic Interpretation: The decline in the ISM and S&P Global PMI figures suggests a cooling off in US manufacturing activity, which may impact GDP growth. However, consumer sentiment has slightly increased, indicating cautious optimism among consumers. Rising unemployment rates could signal labor market weaknesses.
π Currency Impact: These figures may potentially weigh on the USD as they indicate slower economic growth and rising unemployment.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
S&P Global Manufacturing PMI (Jul) | 2025-08-01 13:30:00 | 45.6 | 46.1 | 46.2 | 0.5 | High |
π£οΈ Economic Interpretation: The slight improvement in Canadaβs PMI indicates a marginal pickup in manufacturing activities, which might spur some economic optimism.
π Currency Impact: This could lend some support to the CAD, albeit limited given the marginal nature of the change.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
Inflation Rate YoY (Jul) | 2025-08-01 09:00:00 | 2% | 2% | 1.9% | 0 | High |
CPI (Jul) | 2025-08-01 09:00:00 | 129.1 | 129.1 | 128.8 | -0.3 | High |
HCOB Manufacturing PMI (Jul) | 2025-08-01 08:00:00 | 49.5 | 49.8 | 49.8 | 0.3 | High |
Retail Sales MoM (Jun) | 2025-08-01 08:00:00 | -0.4% | 0.6% | 0.2% | 1 | High |
Retail Sales YoY (Jun) | 2025-08-01 08:00:00 | 1.4% | 1% | 1.9% | -0.4 | High |
S&P Global Manufacturing PMI (Jul) - Greece | 2025-08-01 08:00:00 | 53.1 | 51.7 | 52.7 | -1.4 | High |
Unemployment Rate (Jul) - Austria | 2025-08-01 07:30:00 | 6.8% | 6.7% | 6.9% | -0.1 | High |
π£οΈ Economic Interpretation: The stable inflation rate and marginal improvement in some manufacturing indicators point to a steady Eurozone economy, albeit with regional variations. Retail sales offer mixed signals, suggesting consumption volatility.
π Currency Impact: Overall, the figures are neutral for the Euro, signaling stability but with pockets of weakness.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
S&P Global Manufacturing PMI (Jul) | 2025-08-01 08:30:00 | 47.7 | 48 | 48.2 | 0.3 | High |
π£οΈ Economic Interpretation: A slight improvement in the UK's PMI figures may reflect early signs of recovery in the manufacturing sector.
π Currency Impact: The GBP might see modest strength from these developments, contingent on further confirmation in future data.
The economic figures across the major currencies today provide a juxtaposition of growth and contraction narratives, with specific nuances in different regions. The USD data is slightly burdensome given the weaker-than-expected labor and PMI results. The CAD shows slight support from improved PMI data, while the EUR exhibits stability amidst mixed data. The GBP might gain a modest boost from its improved PMI figures. πΌ