July 24, 2025 a 07:01 pm
Todays Important Key Figures
Today's economic key figures highlight a dynamic mix of outcomes across major currencies. The U.S. shows mixed signals with a notable improvement in new home sales, but manufacturing PMI falling below expectations. In Europe, while the ECB maintains steady interest rates, consumer confidence in Germany indicates caution. Canada's retail performance surprises on the upside, signaling resilience. Overall, these data points result in a complex landscape for currency movements.
📊 United States Dollar (USD)
| Event | Date (NY) | Previous | Actual | Estimate | Change (%) | Impact |
|---|---|---|---|---|---|---|
| New Home Sales (Jun) | 2025-07-24 14:00:00 | -11.6% | 0.6% | 10% | 105.172% | High |
| S&P Global Manufacturing PMI (Jul) | 2025-07-24 13:45:00 | 52 | 49.5 | 52.6 | -4.808% | High |
| S&P Global Services PMI (Jul) | 2025-07-24 13:45:00 | 52.9 | 55.2 | 53 | 4.348% | High |
| Jobless Claims 4-Week Average (Jul/19) | 2025-07-24 12:30:00 | 229.5K | 224.5K | 231K | -2.179% | High |
| Initial Jobless Claims (Jul/19) | 2025-07-24 12:30:00 | 221K | 217K | 227K | -1.81% | High |
| Continuing Jobless Claims (Jul/12) | 2025-07-24 12:30:00 | 1951K | 1955K | 1960K | 0.205% | High |
- The mixed PMI data suggests a divergence in manufacturing and services sectors, with potential impacts on economic growth forecasts.
- Improved jobless claims may bolster confidence in the labor market, supporting consumer spending.
💶 Euro (EUR)
| Event | Date (NY) | Previous | Actual | Estimate | Change (%) | Impact |
|---|---|---|---|---|---|---|
| ECB Press Conference | 2025-07-24 12:45:00 | N/A | N/A | N/A | N/A | High |
| ECB Interest Rate Decision | 2025-07-24 12:15:00 | 2.15% | 2.15% | 2.15% | 0% | High |
| HCOB Services PMI (Jul) | 2025-07-24 08:00:00 | 50.5 | 51.2 | 50.7 | 1.386% | High |
| HCOB Manufacturing PMI (Jul) | 2025-07-24 08:00:00 | 49.5 | 49.8 | 49.7 | 0.606% | High |
| Unemployment Rate (Q2) - ES | 2025-07-24 07:00:00 | 11.36% | 10.29% | 10.7% | -9.419% | High |
| Consumer Confidence (Aug) - DE | 2025-07-24 06:00:00 | -20.3 | -21.5 | -19.2 | -5.911% | High |
- The stable interest rate depicts ECB's current stance on inflation control, while improved PMIs suggest sectoral resilience.
- Continued improvements in Spain's unemployment and services in Germany signal positive economic trends, despite weakened consumer confidence.
💵 Canadian Dollar (CAD)
| Event | Date (NY) | Previous | Actual | Estimate | Change (%) | Impact |
|---|---|---|---|---|---|---|
| Retail Sales MoM (Jun) | 2025-07-24 12:30:00 | -1.1% | 1.6% | -0.9% | 245.455% | High |
| Retail Sales Ex Autos MoM (May) | 2025-07-24 12:30:00 | -0.3% | -0.2% | -0.3% | 33.333% | High |
- Canada's better-than-expected retail sales indicate bolstered consumer confidence, potentially strengthening CAD position.
- This surprising retail performance supports expectations of a resilient economic environment.
💷 British Pound (GBP)
| Event | Date (NY) | Previous | Actual | Estimate | Change (%) | Impact |
|---|---|---|---|---|---|---|
| S&P Global Services PMI (Jul) | 2025-07-24 08:30:00 | 52.8 | 51.2 | 53 | -3.03% | High |
| S&P Global Manufacturing PMI (Jul) | 2025-07-24 08:30:00 | 47.7 | 48.2 | 48 | 1.048% | High |
- Decline in services PMI causes concern about potential slowdown in the UK service sector.
- Manufacturing PMI's modest rise suggests limited recovery prospects, warranting cautious outlook for GBP.
🔚 Conclusion
The provided data deliver a mixed macroeconomic picture, with varying degrees of impact on respective currencies. The U.S. figures are ambiguous with potential for both velocity and deceleration in growth. The Euro area shows positive momentum through PMIs but caution due to consumer sentiment in Germany. Canada's unexpectedly strong retail sales lift the CAD, while the UK's data cast a shadow on GBP's outlook. Overall, the currencies present a nuanced perspective with supporting and burdening elements, leaving markets in a state of calibration.