14:30
USD
High
US CPI
US 1-year inflation. Main driver of Fed decisions.
Previous
3.2% YoY
Forecast
3.1% YoY
Calendar
All macro events to watch: CPI, NFP, central banks, PMI, GDP.
Wednesday 20 May
Thursday 21 May
14:30
USD
Medium
US Weekly Jobless Claims
Weekly US labor market indicator.
Previous
220K
Forecast
215K
Friday 22 May
14:30
USD
High
NFP (Non-Farm Payrolls)
US non-farm jobs created. Wage growth often what moves the market.
Previous
180K
Forecast
175K
Saturday 23 May
19:00
USD
High
Powell Speech (Fed)
The Fed chair. Every word matters.
Sunday 24 May
01:30
JPY
Medium
Japan Core CPI
Japan inflation. Key for JPY and BoJ.
Previous
2.3%
Forecast
2.4%
Monday 25 May
08:00
EUR
Medium
Eurozone Manufacturing PMI
Industrial activity index. Below 50 = contraction.
Previous
47.1
Forecast
47.5
Tuesday 26 May
14:30
USD
High
US PPI (Producer Prices)
Producer-side inflation, often precedes CPI.
Previous
2.3% YoY
Forecast
2.4% YoY
Wednesday 27 May
15:00
EUR
High
ECB Rate Decision
ECB monetary policy meeting. Watch statement tone and Lagarde press conference.
Previous
2.50%
Forecast
2.50%
Friday 29 May
20:00
USD
High
FOMC: Fed Decision + Dot Plot
Fed meeting. Quarterly dot plot (member projections). Statement + Powell press conference.
Previous
4.50%
Forecast
4.50% (hold)
Saturday 30 May
14:30
USD
Medium
US Retail Sales
Key indicator of US consumption.
Previous
+0.2% MoM
Forecast
+0.4% MoM
Monday 1 June
11:00
GBP
High
BoE Rate Decision
Bank of England meeting.
Previous
4.25%
Forecast
4.25% (hold)
Tuesday 2 June
01:30
CNY
Medium
Official China PMI
China activity index, watched for Asian growth-sensitive assets (copper, AUD, EM FX).
Previous
49.5
Forecast
49.8
Wednesday 3 June
14:30
USD
Medium
US GDP (preliminary)
US quarterly GDP, first estimate.
Previous
+2.0%
Forecast
+1.8% annualized
Friday 5 June
14:30
USD
High
US Core PCE (Fed preferred indicator)
The Fed's favorite inflation gauge for decisions. More important than CPI for Powell.
Previous
2.9% YoY
Forecast
2.8% YoY
Sunday 7 June
08:00
EUR
Medium
Eurozone CPI flash
Eurozone inflation, first estimate.
Previous
2.2% YoY
Forecast
2.1% YoY
Tuesday 9 June
14:30
USD
High
NFP + Wage Growth
US jobs and wage growth. If wage growth > 4% YoY, persistent inflationary pressure.
Previous
175K | +3.9%
Forecast
180K | +4.0% YoY