September 29, 2025 a 03:00 pm

Todays Important Key Figures

Today's key figures focus primarily on China's PMI data and Spain's retail sales figures. While the Chinese PMIs will offer insights into the strength of manufacturing and services sectors post-pandemic, Spain's retail sales data provides a glimpse into consumer spending and economic recovery in the Eurozone. Analysts will be watching these figures closely to assess potential impacts on the CNY and EUR, respectively.

💵 Chinese Yuan (CNY)

Event	Date (NY)	Previous	Actual	Estimate	Change	Impact
Manufacturing PMI (Sep)	2025-09-30 01:45:00	50.5	n/a	50.8	n/a	High
Caixin Services PMI (Sep)	2025-09-30 01:45:00	53	n/a	52.3	n/a	High
Caixin Manufacturing PMI (Sep)	2025-09-30 01:45:00	50.5	n/a	50.3	n/a	High
NBS Manufacturing PMI (Sep)	2025-09-30 01:30:00	49.4	n/a	49.7	n/a	High
NBS Non Manufacturing PMI (Sep)	2025-09-30 01:30:00	50.3	n/a	50.3	n/a	High

🗣️ Economic Interpretation: - The expected marginal improvements in both the Manufacturing and Services PMIs suggest a cautious optimism about China's economic recovery. - If the actual figures meet or exceed estimates, the CNY currency could see bullish momentum.

💶 Euro (EUR)

Event	Date (NY)	Previous	Actual	Estimate	Change	Impact
Retail Sales MoM (Aug)	2025-09-29 07:00:00	-0.4%	0.4%	-0.2%	0.8%	High
Retail Sales YoY (Aug)	2025-09-29 07:00:00	4.7%	4.5%	4.2%	-0.2%	High

🗣️ Economic Interpretation: - The positive surprise in the monthly retail sales figure suggests stronger consumer demand in Spain than anticipated. - This could bolster confidence in the euro area economic recovery, potentially supporting the EUR. 🔚 Conclusion: - Overall, today's data outlook appears **supportive for the EUR**, given the stronger-than-expected retail sales. The evolving economic indicators for China warrant cautious optimism, yet the impact on CNY remains contingent on the final PMI figures.