May 23, 2025 a 07:00 pm
Today's Important Key Figures
📊 Today's economic data reflects significant movement in key economies. The US continues to show robust growth in new home sales, hinting at a strong housing market. Conversely, Canadian retail sales exhibit mixed signals, potentially causing uncertainty. The UK retail sector shows positive momentum with substantial gains year-over-year. Meanwhile, Germany experiences a promising increase in GDP, suggesting economic resilience. These figures could influence currency fluctuations throughout the day.
💵 United States Dollar (USD)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| New Home Sales (Apr) | 2025-05-23 14:00:00 | 0.67 M | 0.743 M | 0.692 M | 0.073 M | High |
- Interpretation: The increase in new home sales indicates a robust housing market which supports economic growth.
- Impact on USD: The positive data strengthens the USD as it suggests a flourishing economy with high consumer confidence.
💵 Canadian Dollar (CAD)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Retail Sales Ex Autos MoM (Mar) | 2025-05-23 12:30:00 | 0.6% | -0.7% | -0.2% | -1.3% | High |
| Retail Sales MoM (Apr) | 2025-05-23 12:30:00 | 0.8% | 0.5% | -0.1% | -0.3% | High |
| Retail Sales MoM (Mar) | 2025-05-23 12:30:00 | -0.5% | 0.8% | 0.7% | 1.3% | High |
| Retail Sales YoY (Mar) | 2025-05-23 12:30:00 | 4.7% | 5.6% | 3.8% | 0.9% | High |
- Interpretation: Mixed retail sales data could lead to uncertainty in the market. The YoY increase suggests some resilience.
- Impact on CAD: Mixed signals could weaken the CAD in the short term due to perceived economic instability.
💷 British Pound (GBP)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Retail Sales YoY (Apr) | 2025-05-23 06:00:00 | 1.9% | 5% | 4.5% | 3.1% | High |
| Retail Sales Ex Fuel MoM (Apr) | 2025-05-23 06:00:00 | 0.2% | 1.3% | 0.3% | 1.1% | High |
| Retail Sales Ex Fuel YoY (Apr) | 2025-05-23 06:00:00 | 2.6% | 5.3% | 4.4% | 2.7% | High |
| Retail Sales MoM (Apr) | 2025-05-23 06:00:00 | 0.1% | 1.2% | 0.2% | 1.1% | High |
- Interpretation: Strong retail sales figures indicate increased consumer spending, supporting economic growth.
- Impact on GBP: Positive retail data is likely to bolster the GBP, reflecting underlying economic strength.
💶 Euro (EUR)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Gross Domestic Product QoQ (Q1) | 2025-05-23 06:00:00 | -0.2% | 0.4% | 0.2% | 0.6% | High |
- Interpretation: The increase in GDP signals a recovering economy and potential growth in the coming quarters.
- Impact on EUR: The economic growth depicted by the GDP data is supportive of a stronger Euro in the short to medium term.
🔚 Conclusion
The latest economic indicators suggest a mixed outlook across different currencies. The USD is expected to gain strength due to positive housing data. The CAD faces uncertainty with mixed retail sales data potentially affecting its stability. The GBP demonstrates resilience with robust retail figures likely supporting its value. The EUR appears supported by favorable GDP growth. Overall, today's data shows more supportive indicators for the USD, GBP, and EUR, while the CAD may face headwinds.