Today's economic landscape is characterized by high-impact announcements across major global currencies. While most figures are in line with expectations, surprises like Germany's Ifo Business Climate Index and the UK's Services PMI offer insights into regional economic sentiments. As global markets digest these numbers, expect currency fluctuations to reflect these developments.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
Existing Home Sales MoM | 2025-05-22 14:00:00 | -5.9% | -0.5% | 0.7% | 5.4% | High |
Existing Home Sales (Apr) | 2025-05-22 14:00:00 | 4.02M | 4M | 4.1M | -0.02M | High |
S&P Global Manufacturing PMI (May) | 2025-05-22 13:45:00 | 50.2 | 52.3 | 50.1 | 2.1 | High |
S&P Global Services PMI (May) | 2025-05-22 13:45:00 | 50.8 | 52.3 | 50.8 | 1.5 | High |
Initial Jobless Claims (May/17) | 2025-05-22 12:30:00 | 229K | 227K | 230K | -2K | High |
Continuing Jobless Claims (May/10) | 2025-05-22 12:30:00 | 1867K | 1903K | 1890K | 36K | High |
Jobless Claims 4-Week Average (May/17) | 2025-05-22 12:30:00 | 230.5K | 231.5K | 232.5K | 1K | High |
Interpretation: The U.S. economic data today reveals robust growth indicated by an increase in PMI readings, although jobless claims have risen slightly, pointing to some labor market softness.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
ECB Guindos Speech | 2025-05-22 15:35:00 | - | - | - | - | High |
HCOB Manufacturing PMI (May) | 2025-05-22 08:00:00 | 49 | 49.4 | 49.3 | 0.4 | High |
HCOB Services PMI (May) | 2025-05-22 08:00:00 | 50.1 | 48.9 | 50.3 | -1.2 | High |
Ifo Business Climate (May) | 2025-05-22 08:00:00 | 86.9 | 87.5 | 87.4 | 0.6 | High |
HCOB Manufacturing PMI (May) - Germany | 2025-05-22 07:30:00 | 48.4 | 48.8 | 48.9 | 0.4 | High |
HCOB Services PMI (May) - Germany | 2025-05-22 07:30:00 | 49 | 47.2 | 49.5 | -1.8 | High |
HCOB Manufacturing PMI (May) - France | 2025-05-22 07:15:00 | 48.7 | 49.5 | 48.9 | 0.8 | High |
HCOB Services PMI (May) - France | 2025-05-22 07:15:00 | 47.3 | 47.4 | 47.5 | 0.1 | High |
Interpretation: Germany's business sentiment improves, as seen in the Ifo index, while French economic activity shows varied signals. The expected ECB comments could provide further insights.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
S&P Global Manufacturing PMI (May) | 2025-05-22 08:30:00 | 45.4 | 45.1 | 46 | -0.3 | High |
S&P Global Services PMI (May) | 2025-05-22 08:30:00 | 49 | 50.2 | 50 | 1.2 | High |
Interpretation: The UK's services sector shows resilience with an unexpected upward move in PMI, whereas the manufacturing sector remains under pressure.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
Inflation Rate YoY (Apr) | 2025-05-22 23:30:00 | 3.6% | - | 3.7% | - | High |
Interpretation: Expectations of a slight rise in Japan's inflation could point towards steady consumer price growth, affecting the Yen's valuation based on actual figures.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
Retail Sales QoQ (Q1) | 2025-05-22 22:45:00 | 0.9% | - | 0.1% | - | High |
Retail Sales YoY (Q1) | 2025-05-22 22:45:00 | 0.2% | - | -0.3% | - | High |
Interpretation: New Zealand's retail sales figures indicate weakened consumer demand, potentially pressuring the NZD pending further data confirmation.
Based on today's data, the USD shows strengthening signals with rising PMI figures, while uncertainty exists in the Eurozone. The GBP exhibits mixed momentum, marked by a solid services PMI. Overall, the USD appears supported, while other currencies face challenges in their respective economic environments. ๐โ