May 29, 2025 a 07:00 pm
Today's Important Key Figures
Today's economic data release presents a complex picture for the global markets. With retail sales data from Australia potentially setting the tone, key figures from the United States indicate challenges in growth forecasts while Spain shows a surprisingly positive retail environment. Japan's consumer sentiment improvement adds an interesting twist in the Asian markets.
💵 Australian Dollar (AUD)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Retail Sales MoM (Apr) | 2025-05-30 01:30:00 | 0.3% | -- | 0.3% | -- | High |
- Economic Interpretation: Steady retail sales suggest stability in consumer spending.
- Currency Impact: Expect minimal immediate impact on AUD unless data deviates significantly from expectations.
💵 United States Dollar (USD)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| GDP Growth Rate QoQ (Q1) | 2025-05-29 12:30:00 | 2.4% | -0.2% | -0.3% | -2.6% | High |
| Initial Jobless Claims (May/24) | 2025-05-29 12:30:00 | 226K | 240K | 230K | 14K | High |
| Jobless Claims 4-Week Average (May/24) | 2025-05-29 12:30:00 | 231K | 230.75K | 233K | -0.25K | High |
| Continuing Jobless Claims (May/17) | 2025-05-29 12:30:00 | 1893K | 1919K | 1890K | 26K | High |
- Economic Interpretation: A contraction in GDP and rising jobless claims could indicate a slowing economy.
- Currency Impact: These figures are generally negative for the USD, potentially leading to depreciation.
💶 Euro (EUR)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Retail Sales MoM (Apr) | 2025-05-29 07:00:00 | 0% | 0.7% | 0.5% | 0.7% | High |
| Retail Sales YoY (Apr) | 2025-05-29 07:00:00 | 3.8% | 4% | 3.6% | 0.2% | High |
- Economic Interpretation: Positive retail sales figures could indicate a robust consumer market in Europe.
- Currency Impact: Likely supportive for the EUR, signaling economic strength.
💴 Japanese Yen (JPY)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Consumer Confidence (May) | 2025-05-29 05:00:00 | 31.2 | 32.8 | 31.8 | 1.6 | High |
- Economic Interpretation: Increased consumer confidence suggests optimism about economic prospects.
- Currency Impact: This could be beneficial for the JPY, reflecting potential economic resilience.
🔚 Conclusion
Today's data reflects a mixed bag for the global currencies. The Euro benefits from strong retail sales, while the US faces economic challenges from contraction and employment figures, which could pressure the USD. Meanwhile, positive consumer confidence data in Japan could lend support to the JPY. On balance, the primary movements may center around the USD's softer stance, providing opportunities for the AUD and EUR to capitalize.