Today's economic data release presents critical updates on various economies. The data reflects mixed results with some economies experiencing growth, while others show stagnation. This mix of data could have substantial implications on currency movements, investor sentiment, and future economic policy decisions. Key areas to watch include the labor market dynamics in the US, inflation trends in the EU, and retail sales indicators in Australia and Switzerland. Adjust your portfolios and trading strategies accordingly.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Retail Sales MoM (May) | 2025-07-02 01:30 | -0.1% | n/a | 0.4% | n/a | High |
๐ฃ๏ธ Retail sales are expected to recover from a previous decline. If actual figures meet or exceed expectations, it could indicate consumer confidence and drive the AUD higher.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| JOLTs Job Openings (May) | 2025-07-01 14:00 | 7.395M | 7.769M | 7.3M | 0.374M | High |
| ISM Manufacturing PMI (Jun) | 2025-07-01 14:00 | 48.5 | 49 | 48.8 | 0.5 | High |
| S&P Global Manufacturing PMI (Jun) | 2025-07-01 13:45 | 52 | 52.9 | 52 | 0.9 | High |
| Fed Chair Powell Speech | 2025-07-01 13:30 | n/a | n/a | n/a | n/a | High |
๐ A higher-than-expected job openings and PMI figures suggest a robust economic environment, potentially leading to a stronger USD. The market will also pay close attention to Fed Chair Powellโs speech for future policy direction.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Inflation Rate YoY (Jun) | 2025-07-01 09:00 | 1.9% | 2% | 2% | 0.1% | High |
| CPI (Jun) | 2025-07-01 09:00 | 128.71 | 129.07 | 129.1 | 0.36 | High |
๐ The slight increase in inflation could have mixed effects, potentially leading to more aggressive ECB policy if sustained. Current data suggests moderate economic health, but depends on broader Eurozone metrics.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| S&P Global Manufacturing PMI (Jun) | 2025-07-01 08:30 | 46.4 | 47.7 | 47.7 | 1.3 | High |
๐ A lack of expansionary momentum in the manufacturing sector could weigh on the GBP unless offset by other economic strengths.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| procure.ch Manufacturing PMI (Jun) | 2025-07-01 07:30 | 42.1 | 49.6 | 44 | 7.5 | High |
| Retail Sales MoM (May) | 2025-07-01 06:30 | -0.2% | -0.6% | 0.1% | -0.4% | High |
| Retail Sales YoY (May) | 2025-07-01 06:30 | 0.9% | 0% | 0.8% | -0.9% | High |
โ ๏ธ A significant rebound in the manufacturing sector provides positive momentum, yet weak retail sales data may limit CHF strength if consumer confidence remains low.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Consumer Confidence (Jun) | 2025-07-01 05:00 | 32.8 | 34.5 | 33.6 | 1.7 | High |
โ Rising consumer confidence indicates potential future demand increases, conducive to a stronger JPY if economic conditions continue to improve.
The data presents a complex picture across different currencies. The US Dollar benefits from strong job openings and manufacturing figures, suggesting future strength. The Eurozone's modest inflation rise hints at a stable outlook but requires watching, while the Australian retail sector remains a point of uncertainty. In contrast, the Swiss Franc's manufacturing recovery is offset by retail sale declines. On balance, the US Dollar appears most robust, with other currencies reflecting more mixed signals.