News Announcement & Chart Analysis

[Elina Ward]

High-Impact Economic Calendar – November 7, 2025​

⚡ Friday’s calendar featured major trade data from China and Germany, a full Canadian labor report, and preliminary U.S. consumer sentiment. The releases together painted a global picture of trade balances, employment trends, and household confidence at the close of the trading week.

Such cross-regional data often fueled volatility across currencies, as shifts in exports, jobs, and sentiment guided expectations for growth and central-bank outlooks.

Timeline: GMT | Focused Currencies: CNY, EUR, CAD, USD

---

03:00 GMT
China – Exports Year-on-Year
Forecast: 7.3% | Previous: 8.3%
Currency: CNY
Why Traders Care:
Export growth signaled sustained external demand. A slower pace still indicated resilience amid global supply pressures and shifting trade patterns.

03:00 GMT
China – Balance of Trade
Forecast: $97 B | Previous: $90.45 B
Currency: CNY
Market lens:
A wider surplus highlighted continued export strength relative to imports, supporting CNY stability through stronger trade inflows.

03:00 GMT
China – Imports Year-on-Year
Forecast: 7.0% | Previous: 7.4%
Currency: CNY
Market mover:
Slightly softer import growth pointed to moderated domestic demand but still reflected steady consumption and industrial activity.

---

07:00 GMT
Germany – Balance of Trade
Forecast: €15.6 B | Previous: €17.2 B
Currency: EUR
Market insight:
A smaller surplus hinted at softer external momentum. Shifts in energy costs and exports to the U.S. and China continued to shape Germany’s trade balance.

---

13:30 GMT
Canada – Full-Time Employment Change
Forecast: -80 K | Previous: 106.1 K
Currency: CAD
Why Traders Care:
Full-time job losses suggested a cooling labor market, often seen as an early signal of slower household spending and wage momentum.

13:30 GMT
Canada – Employment Change
Forecast: 5 K | Previous: 60.4 K
Currency: CAD
Market lens:
A modest gain after prior strength showed limited hiring appetite as businesses adjusted to higher borrowing costs.

13:30 GMT
Canada – Unemployment Rate
Forecast: 7.2% | Previous: 7.1%
Currency: CAD
Market mover:
A slight rise in unemployment reinforced signs of labor softening, aligning with the Bank of Canada’s cooling objectives.

---

15:00 GMT
United States – Michigan Consumer Sentiment (Prelim)
Forecast: 53.0 | Previous: 53.6
Currency: USD
Why Traders Care:
Stable sentiment near multi-month lows reflected cautious consumer outlooks on income and inflation, key to assessing future spending patterns.

---

✅ Friday’s calendar captured slowing but resilient trade flows, cooler Canadian employment, and cautious U.S. sentiment. Markets weighed these signals as evidence of a broadly steady but uneven global growth trajectory heading into mid-November.

---

This 5-minute USD/CAD chart captures the immediate reaction and subsequent volatility following Canada’s Labour Market Report on October 10, 2025, highlighting how a single data release can rapidly shift sentiment and direction in the CAD.

Canada’s Labour Data - 10 October 2025​

Canada added 60,400 jobs in September 2025, far surpassing expectations for a modest decline, though the unemployment rate held steady at 7.1%. The surprise gain followed significant job losses in July and August, leaving the broader labor market trend subdued, with only 22,000 jobs added year-to-date and continued signs of slack. Full-time employment surged (+106,000), driven largely by public sector and core-aged workers, while part-time jobs declined and youth unemployment rose to 14.7%, the highest since 2010 outside the pandemic. Despite strong hiring in manufacturing, health care, and agriculture, economists caution that the rebound may be temporary and not a sign of sustained recovery. The report complicates expectations for a near-term Bank of Canada rate cut, particularly if upcoming inflation data exceeds forecasts, though persistent labor market slack may still justify easing in the months ahead.

Canada’s stronger-than-expected job gains in September briefly supported the CAD, but persistent labor market slack and a steady 7.1% unemployment rate limited the upside. While the data may delay a rate cut, it didn’t remove the possibility—making the overall impact neutral to slightly bearish for the Canadian dollar. Later, a U.S. Michigan Consumer Sentiment release added mild USD support, helping USD/CAD stabilize and partially rebound.

Profit Study​

The Profit Study below illustrates the required margin and potential profit for this setup, using examples that show how leverage impacts trading outcomes.

At the time of this release, USD/CAD traded at 1.40123

• At an open price of 1.40123, trading 1 standard lot with 1:500 leverage required a margin of $200 USD.
• At the same open price and 1:2000 leverage, the required margin dropped to $50 USD.

Pip Value (USD/CAD): $7.136739937196689 USD per pip per standard lot.

For example, entering a short position at Point A (1.40123) and closing at Point B (1.39761) would have captured 36.2 pips, equivalent to a $258.35 USD profit on one standard lot.

Disclaimer: The content provided is for educational and informational purposes only. This analysis seeks to enhance your understanding of market behavior and highlight potential opportunities that may have existed, offering insights into how the market operates and the possibilities it may present.

 

[Elina Ward]

High-Impact Economic Calendar – November 9, 2025​

⚡ Sunday’s calendar opened the week with China’s latest inflation readings, offering a key snapshot of consumer and producer price trends. Together, the CPI and PPI results provided valuable insight into domestic demand strength and cost pressures within the world’s second-largest economy.

Inflation data are closely watched as early indicators of monetary direction and commodity demand, often influencing CNY and broader risk sentiment across Asia.

Timeline: GMT | Focused Currencies: CNY

---

01:30 GMT
China – Inflation Rate Year-on-Year
Forecast: 0.0% | Previous: -0.3%
Currency: CNY
Why Traders Care:
A return toward zero inflation suggested tentative stabilization in consumer prices, hinting that deflationary pressures were easing.
01:30 GMT
China – Producer Price Index Year-on-Year
Forecast: -1.9% | Previous: -2.3%
Currency: CNY
Market lens:
A smaller annual decline in factory prices reflected gradual improvement in industrial margins and input cost recovery.
01:30 GMT
China – Inflation Rate Month-on-Month
Forecast: -0.1% | Previous: 0.1%
Currency: CNY
Market mover:
A slight monthly dip underlined weak short-term demand but signaled limited deflation risk if consumer and energy prices stabilized ahead.

---

✅ Sunday’s early Chinese inflation data highlighted easing producer declines and a near-flat CPI, reinforcing signs that price dynamics were stabilizing after months of softness in Asia’s largest economy.

---

This 5-minute USD/CNH chart illustrates the sharp reaction and ensuing volatility following China’s inflation data release on October 15, 2025, underscoring how a single economic report can swiftly influence market sentiment and direction in the yuan.

​

​

China’s Inflation data - 15 October 2025​

In September 2025, China’s consumer prices dropped by 0.3% year-over-year, exceeding expectations and reinforcing ongoing deflation concerns, despite a modest 0.1% monthly rise. Core CPI, which excludes volatile food and energy components, rose by 1%, marking its strongest gain since February 2024 and offering a limited sign of resilience. However, persistent producer price deflation—down 2.3% annually, though easing for a second month—highlights deep-rooted structural challenges including sluggish domestic consumption, intense industrial overcapacity, and prolonged weakness in the property and labor markets. Trade tensions, particularly with the U.S., have added to the strain, with U.S.-bound exports falling sharply and the threat of 100% tariffs casting further uncertainty. While industrial profits improved in August, analysts warn that price stability remains fragile, and without a meaningful recovery in consumer confidence or housing, deflationary pressures are likely to persist.

Despite weak inflation data that would typically pressure the yuan, USDCNH moved lower as the PBOC set the yuan fixing significantly stronger than expected. This official midpoint signaled Beijing’s commitment to stabilizing the currency, leading traders to sell USD against CNH despite ongoing deflationary pressures.

Profit Study​

The Profit Study below illustrates the required margin and potential profit for this setup, using examples that show how leverage impacts trading outcomes.

At the time of this release, USD/CNH traded at 7.14136

• At an open price of 7.14136, trading 1 standard lot with 1:500 leverage required a margin of $200 USD.
• At the same open price and 1:2000 leverage, the required margin dropped to $50 USD.

Pip Value (USD/CNH): $1.400305266548107 USD per pip per standard lot.

For example, entering a short at Point A (7.14136) and closing at Point B (7.12461) would have captured 167.5 pips, equivalent to a $234.55 USD profit on one standard lot.

Disclaimer: The content provided is for educational and informational purposes only. This analysis seeks to enhance your understanding of market behavior and highlight potential opportunities that may have existed, offering insights into how the market operates and the possibilities it may present.

 

[Elina Ward]

️ High-Impact Economic Calendar – November 10, 2025​

⚡ Monday concluded the data cycle with Australia’s November consumer confidence update from Westpac. The reading provided a timely gauge of household sentiment and spending appetite heading into the year’s final quarter.

Consumer confidence figures often influence expectations for retail activity, savings behavior, and near-term AUD volatility, especially when they diverge sharply from forecasts.

Timeline: GMT | Focused Currencies: AUD

---

23:30 GMT
Australia – Westpac Consumer Confidence Change
Forecast: 2.8% | Previous: -3.5%
Currency: AUD
Why Traders Care:
A rebound in confidence suggested improving household outlooks on finances and economic conditions. Sustained optimism typically supports consumption and broader economic resilience.

---

✅ Monday’s single release signalled a potential recovery in Australian sentiment after recent declines, offering early signs of stabilizing consumer confidence as year-end spending approached.

 

[Elina Ward]

️ High-Impact Economic Calendar – November 16–21, 2025​

⚡ The late-November stretch featured a dense mix of growth, inflation, central bank and survey data. Japan’s GDP and trade figures updated the outlook for its export-driven economy, Canada and the UK delivered key CPI and retail data, while the RBA and Fed minutes added policy colour. PMIs and housing numbers from the U.S., Europe and Australia rounded out the picture for global demand.

Staying on top of these releases remained critical, as surprises in GDP, inflation and business surveys moved JPY, USD, CAD, GBP, AUD and EUR pairs within seconds.

Timeline: GMT | Focused Currencies: JPY, USD, CAD, GBP, AUD, EUR

---

23:50 GMT – Nov 16​

Japan – GDP Growth Rate QoQ Prel
Forecast: -0.4% | Previous: 0.5%
Currency: JPY
Why traders cared:
A swing from positive to negative quarterly growth signalled a loss of momentum in Japan’s industrial and export engine, sharpening focus on whether weak domestic demand and patchy services activity had started to drag on the broader economy and on the yen.

---

13:30 GMT – Nov 17​

United States – NY Empire State Manufacturing Index
Forecast: 7 | Previous: 10.7
Currency: USD
Market lens:
A still-positive but softer reading pointed to cooling factory activity in New York State, hinting that orders, hiring and investment intentions in a key regional hub had moderated after earlier strength.

---

13:30 GMT
Canada – Inflation Rate Month-on-Month
Forecast: 0.5% | Previous: 0.1%
Currency: CAD
Market mover:
A stronger monthly rise in headline prices would have underlined sticky near-term inflation pressure, feeding expectations that the Bank of Canada might stay cautious about cutting rates too quickly.

---

13:30 GMT
Canada – Core Inflation Rate Year-on-Year
Forecast: 2.8% | Previous: 2.8%
Currency: CAD
Market insight:
Stable core inflation around the BoC’s target band suggested underlying price dynamics remained contained even as volatile items moved around, keeping attention on how long policy needed to stay restrictive.

---

13:30 GMT
Canada – Inflation Rate Year-on-Year
Forecast: 2.4% | Previous: 2.4%
Currency: CAD
Why traders cared:
An unchanged headline rate near the mid-2% area signalled that broader price pressures had neither re-accelerated nor faded sharply, preserving a “wait-and-see” backdrop for CAD around key central bank meetings.

---

13:30 GMT
Canada – Core Inflation Rate Month-on-Month
Forecast: 0.4% | Previous: 0.2%
Currency: CAD
Market lens:
A quicker monthly core gain highlighted firmer underlying price momentum, reinforcing the idea that services and shelter costs still exerted upward pressure even as energy and food components fluctuated.

---

00:30 GMT – Nov 18​

Australia – RBA Meeting Minutes
Currency: AUD
Why traders cared:
The minutes offered detail on how close the Board had been to further tightening or an extended pause, giving traders clues on the RBA’s inflation tolerance, labour-market assessment and the likely path of the cash rate.

---

14:15 GMT
United States – Industrial Production Month-on-Month
Forecast: -0.1% | Previous: 0.1%
Currency: USD
Market mover:
A potential dip after a small prior gain suggested factory and utility output had flattened out, testing the narrative of U.S. manufacturing resilience and feeding into growth tracking models watched by dollar traders.

---

23:50 GMT
Japan – Balance of Trade
Forecast: -¥150B | Previous: -¥234.6B
Currency: JPY
Market insight:
A narrower deficit would have indicated that exports and imports were rebalancing after prior pandemic-era disruptions and energy-price shocks, with the weak yen simultaneously supporting outbound shipments and raising import costs.

---

23:50 GMT
Japan – Exports Year-on-Year
Forecast: 1.1% | Previous: 4.2%
Currency: JPY
Why traders cared:
Export growth remained a key gauge of external demand for Japan’s autos, machinery and electronics; any slowdown from the prior pace raised questions about global tech and capex cycles, while a stronger print supported the yen via better trade fundamentals.

---

23:50 GMT
Japan – Imports Year-on-Year
Forecast: N/A | Previous: 3.3%
Currency: JPY
Market lens:
Import growth helped traders infer domestic demand and energy-price impacts; weaker import values suggested softer internal consumption or lower commodity prices, while stronger readings pointed to firmer domestic activity and cost pressure.

---

23:50 GMT
Japan – Machinery Orders Year-on-Year
Forecast: 1.9% | Previous: 1.6%
Currency: JPY
Market mover:
A modest pickup in annual core machinery orders signalled gradually improving capital-spending intentions, hinting that Japanese firms were still willing to invest despite external uncertainty.

---

23:50 GMT
Japan – Machinery Orders Month-on-Month
Forecast: 0.5% | Previous: -0.9%
Currency: JPY
Why traders cared:
A rebound into positive territory after a prior drop suggested the near-term investment pipeline had stabilised, providing a supportive signal for future production and, indirectly, for JPY sentiment.

---

07:00 GMT – Nov 19​

United Kingdom – Core Inflation Rate Year-on-Year
Forecast: 3.4% | Previous: 3.5%
Currency: GBP
Market insight:
A slight easing in core inflation still left underlying prices well above the BoE’s target, keeping the focus on how long policy would need to remain tight and how quickly demand might cool.

---

07:00 GMT
United Kingdom – Inflation Rate Month-on-Month
Forecast: 0.5% | Previous: 0.0%
Currency: GBP
Market lens:
A stronger monthly print underlined renewed near-term price pressure after a flat prior reading, reinforcing the idea that disinflation was not yet linear and that GBP remained sensitive to CPI surprises.

---

07:00 GMT
United Kingdom – Core Inflation Rate Month-on-Month
Forecast: 0.2% | Previous: 0.0%
Currency: GBP
Why traders cared:
A small core uptick hinted that services and other less volatile components were still pushing prices higher, offering a cleaner read on underlying inflation than the headline figure alone.

---

07:00 GMT
United Kingdom – Inflation Rate Year-on-Year
Forecast: 3.7% | Previous: 3.8%
Currency: GBP
Market mover:
A marginal step down in headline CPI kept progress toward target on track but underscored that price growth remained elevated, leaving GBP driven by how quickly markets believed the BoE could pivot.

---

19:00 GMT
United States – FOMC Minutes
Currency: USD
Why traders cared:
The minutes revealed how divided or unified policymakers had been on future rate paths, with any hint of concern about growth or sticky inflation reshaping expectations for cuts and driving repricing in USD and Treasuries.

---

07:00 GMT – Nov 20​

Germany – PPI Month-on-Month
Forecast: 0.3% | Previous: -0.1%
Currency: EUR
Market lens:
A return to positive producer prices suggested input-cost pressure had picked up again, feeding into future CPI projections and the debate around how quickly euro-area disinflation might proceed.

---

07:00 GMT
Germany – PPI Year-on-Year
Forecast: -1.6% | Previous: -1.7%
Currency: EUR
Market insight:
A still-negative but slightly less deflationary annual print signalled that the intense goods-price correction was easing, with traders watching for any turn that might eventually re-ignite inflation at the consumer level.

---

13:30 GMT
United States – Philadelphia Fed Manufacturing Index
Forecast: 7 | Previous: -12.8
Currency: USD
Market mover:
A move from deep contraction into positive territory would have marked a sharp sentiment turnaround among mid-Atlantic manufacturers, supporting the case for a stabilising U.S. industrial sector.

---

13:30 GMT
Canada – PPI Year-on-Year
Forecast: 6.0% | Previous: 5.5%
Currency: CAD
Why traders cared:
Faster producer-price growth indicated renewed cost pressure at the factory gate, raising questions about how much of this would be passed on to consumers and how the BoC might respond.

---

13:30 GMT
Canada – PPI Month-on-Month
Forecast: 1.7% | Previous: 0.8%
Currency: CAD
Market lens:
A strong monthly PPI gain signalled a notable jump in input and output prices within manufacturing, reinforcing the idea that disinflation further down the pipeline could stall.

---

15:00 GMT
United States – Existing Home Sales
Forecast: 4.2M | Previous: 4.06M
Currency: USD
Market insight:
A modest rise in annualised sales volumes pointed to some stabilisation in the housing market despite higher borrowing costs, with implications for household wealth, consumption and broader growth.

---

15:00 GMT
United States – Existing Home Sales Month-on-Month
Forecast: 3.4% | Previous: 1.5%
Currency: USD
Why traders cared:
A stronger monthly increase would have suggested demand was recovering more quickly than before, prompting traders to reassess the drag from housing on the U.S. economy and the dollar.

---

22:00 GMT
Australia – S&P Global Services PMI Flash
Forecast: 52.9 | Previous: 52.5
Currency: AUD
Market lens:
A higher reading above 50 indicated expanding services activity, reinforcing the idea that domestic demand in Australia remained resilient and supportive for AUD.

---

22:00 GMT
Australia – S&P Global Manufacturing PMI Flash
Forecast: 50.2 | Previous: 49.7
Currency: AUD
Market mover:
A move back above the 50 line pointed to a tentative return to manufacturing expansion, hinting that new orders and output had improved after prior softness.

---

22:00 GMT
Australia – S&P Global Composite PMI Flash
Forecast: 52.8 | Previous: 52.1
Currency: AUD
Market insight:
A firmer composite index showed that combined manufacturing and services activity had strengthened, supporting the case for a broadly healthy private-sector backdrop.

---

23:30 GMT
Japan – Inflation Rate Year-on-Year
Forecast: 3.1% | Previous: 2.9%
Currency: JPY
Why traders cared:
An uptick in headline inflation above 3% kept attention on how far the BoJ could move away from ultra-easy policy, with higher CPI readings tending to support expectations of further normalisation.

---

23:30 GMT
Japan – Core Inflation Rate Year-on-Year
Forecast: 3.0% | Previous: 2.9%
Currency: JPY
Market lens:
Slightly higher core inflation excluding fresh food underlined persistent underlying price pressure, strengthening the case that Japan had moved away from its long-standing low-inflation regime.

---

23:30 GMT
Japan – Inflation Rate Month-on-Month
Forecast: -0.1% | Previous: 0.1%
Currency: JPY
Market insight:
A small monthly decline after a prior rise highlighted how seasonal factors and energy prices were still influencing the short-term CPI path, even as the broader inflation trend stayed elevated.

---

00:30 GMT – Nov 21​

Japan – S&P Global Composite PMI Flash
Forecast: 50.6 | Previous: 51.5
Currency: JPY
Why traders cared:
A softer composite reading edging closer to 50 suggested that overall private-sector growth was losing some pace, keeping an eye on whether Japan’s post-pandemic recovery was plateauing.

---

00:30 GMT
Japan – S&P Global Manufacturing PMI Flash
Forecast: 49.0 | Previous: 48.2
Currency: JPY
Market lens:
An improvement that still left the index below 50 indicated manufacturing contracted more mildly, hinting at gradual stabilisation but not yet a full return to expansion.

---

00:30 GMT
Japan – S&P Global Services PMI Flash
Forecast: 52.8 | Previous: 53.1
Currency: JPY
Market insight:
A slightly lower but still solid services reading confirmed that domestic service activity continued to support growth, offsetting some industrial softness.

---

07:00 GMT
United Kingdom – Retail Sales Year-on-Year
Forecast: 1.6% | Previous: 1.5%
Currency: GBP
Why traders cared:
Steady annual growth in retail sales indicated consumer spending held up despite higher living costs, a key input for GDP tracking and BoE policy expectations.

---

07:00 GMT
United Kingdom – Retail Sales Month-on-Month
Forecast: -0.2% | Previous: 0.5%
Currency: GBP
Market mover:
A forecast pullback after a strong prior month suggested payback from earlier demand, with any upside surprise typically supportive for GBP via stronger growth sentiment.

---

08:30 GMT
Germany – HCOB Manufacturing PMI Flash
Forecast: 50.4 | Previous: 49.6
Currency: EUR
Market lens:
A climb above 50 would have signalled that German manufacturing finally returned to expansion after a prolonged downturn, improving the outlook for the euro area’s industrial core.

---

09:30 GMT
United Kingdom – S&P Global Services PMI Flash
Forecast: 52.5 | Previous: 52.3
Currency: GBP
Market insight:
A marginally stronger services index confirmed steady growth in the UK’s dominant sector, helping offset manufacturing volatility and supporting GBP on signs of ongoing activity.

---

09:30 GMT
United Kingdom – S&P Global Composite PMI Flash
Forecast: 52.6 | Previous: 52.2
Currency: GBP
Why traders cared:
A firmer composite PMI signalled healthier overall private-sector momentum, feeding into expectations for how quickly the BoE might be able to ease without reigniting inflation.

---

09:30 GMT
United Kingdom – S&P Global Manufacturing PMI Flash
Forecast: 50.6 | Previous: 49.7
Currency: GBP
Market mover:
A move back above 50 hinted that UK factories were transitioning from contraction to mild expansion, a supportive signal for growth-sensitive sterling crosses.

---

13:30 GMT
Canada – Retail Sales Month-on-Month Prel
Forecast: 0.5% | Previous: 1.0%
Currency: CAD
Market lens:
The preliminary estimate gave an early steer on consumer demand; a decent gain suggested households continued to spend despite higher rates, a key support for Canada’s growth outlook.

---

13:30 GMT
Canada – Retail Sales Year-on-Year
Forecast: 3.2% | Previous: 4.9%
Currency: CAD
Market insight:
A slower annual pace implied that real spending was increasingly squeezed, raising questions about how long consumers could sustain growth under tighter financial conditions.

---

14:45 GMT
United States – S&P Global Services PMI Flash
Forecast: 54.0 | Previous: 54.8
Currency: USD
Why traders cared:
A still-robust but slightly lower services reading pointed to solid activity in the largest slice of the U.S. economy, keeping the “soft-landing” narrative in play while hinting at gradual cooling.

---

14:45 GMT
United States – S&P Global Composite PMI Flash
Forecast: 53.8 | Previous: 54.6
Currency: USD
Market lens:
A small step down in composite output suggested growth remained comfortably in expansion territory, but at a slower clip, influencing how aggressively markets priced future Fed easing.

---

14:45 GMT
United States – S&P Global Manufacturing PMI Flash
Forecast: 52.0 | Previous: 52.5
Currency: USD
Market mover:
A modestly softer yet expansionary manufacturing PMI signalled that output and new orders were still growing, but with less momentum, tempering overly bullish views on U.S. industrial strength.

---

✅ Across November 16–21, the calendar blended Japan’s growth and trade signals, North American and UK inflation and retail data, and a heavy slate of PMIs and central bank minutes. Markets focused on whether firmer services and pockets of manufacturing recovery could offset lingering disinflation in producer prices and evidence of consumers gradually cooling under higher rates.

---

The following high-impact chart shows how market movement reacts when key economic data is released and volatility increases.



This 5-minute GBP/USD chart shows how sterling reacted in real time to the UK’s October 22, 2025 inflation report, illustrating how a single data release can instantly reshape momentum and short-term direction.

Profit Study​

The Profit Study below illustrates the required margin and potential profit for this setup, using examples that show how leverage impacts trading outcomes.

At the time of this release, GBP/USD traded at 1.33813

• At an open price of 1.33813, trading 1 standard lot with 1:500 leverage required a margin of $267.63 USD.
• At the same open price and 1:2000 leverage, the required margin dropped to $66.91 USD.

Pip Value (GBP/USD): $10 USD per pip per standard lot.

For example, entering a long at Opening Point (1.33813) and closing at Lowest Point (1.33056) would have captured 75.7 pips, equivalent to a $757 USD profit on one standard lot.

This example showed how a single high-impact release turned a modest price move into a sizeable dollar outcome once leverage and lot size were applied. It also underscored how quickly losses could grow without clear risk management.

 

[Elina Ward]

Friday 21st November 2025​

High-Impact Economic Calendar – 24–28 November 2025​

Times in GMT
All events are HIGH IMPACT for traders

Monday, 24 Nov 2025​

Time	Country	Event	Forecast	Previous	Impact
09:00	DE	Ifo Business Climate	88	88.4	High
15:30	US	Dallas Fed Manufacturing Index	-1	-5	High

---

Tuesday, 25 Nov 2025​

Time	Country	Event	Forecast	Previous	Impact
13:30	US	PPI MoM	0.5%	-0.1%	High
13:30	US	PPI YoY	2.6%	2.6%	High
15:00	US	Richmond Fed Manufacturing Index	-1	-4	High

---

Wednesday, 26 Nov 2025​

Time	Country	Event	Forecast	Previous	Impact
00:30	AU	Inflation Rate YoY	3.3%	3.5%	High
00:30	AU	Inflation Rate MoM	0.2%	N/A	High
01:00	NZ	RBNZ Interest Rate Decision	2.25%	2.5%	High
13:30	US	Durable Goods Orders (Headline)	-0.3%	N/A	High
13:30	US	Durable Goods Orders	0.2%	2.9%	High
14:45	US	Chicago PMI	46	43.8	High
21:45	NZ	Retail Sales YoY	1.8%	2.3%	High

---

Thursday, 27 Nov 2025​

Time	Country	Event	Forecast	Previous	Impact
07:00	DE	GfK Consumer Confidence	-22	-24.1	High
23:30	JP	Unemployment Rate	2.6%	2.6%	High
23:50	JP	Retail Sales YoY	0.8%	0.5%	High
23:50	JP	Industrial Production MoM	0.3%	2.6%	High
23:50	JP	Retail Sales MoM	0.6%	0.3%	High

---

Friday, 28 Nov 2025​

Time	Country	Event	Forecast	Previous	Impact
07:00	DE	Retail Sales YoY	0.6%	0.2%	High
07:00	DE	Retail Sales MoM	0.3%	0.2%	High
07:30	CH	Retail Sales YoY	1.9%	1.5%	High
07:30	CH	Retail Sales MoM	0.1%	0.6%	High
07:45	FR	Inflation Rate YoY Prel	1.1%	0.9%	High
07:45	FR	Inflation Rate MoM Prel	0.1%	0.1%	High
07:45	FR	PPI YoY	-0.3%	0.1%	High
07:45	FR	PPI MoM	0.5%	-0.2%	High
08:00	CH	GDP Growth Rate YoY	0.8%	1.2%	High
08:55	DE	Unemployment Rate	6.4%	6.3%	High
13:00	DE	Inflation Rate YoY Prel	2.3%	2.3%	High
13:00	DE	Inflation Rate MoM Prel	-0.2%	0.3%	High
13:30	CA	GDP Annualized	0.4%	-1.6%	High
13:30	CA	GDP QoQ	0.3%	-0.4%	High
13:30	CA	GDP MoM	0.1%	-0.3%	High

High-impact economic releases matter because they can shift market sentiment instantly, creating sharp moves across currencies, commodities, stocks, and major indices. When these data points come in above or below expectations, traders often see a surge in volatility as global markets rapidly reprice the new information.

U.S. PPI Release - 10 September 2025​

Wholesale inflation in the U.S. unexpectedly fell 0.1% in August, following a downwardly revised 0.7% gain in July and sharply undershooting expectations for a 0.4% increase, easing pressure on the Federal Reserve ahead of its rate decision next week. Both headline and core PPI (excluding food and energy) declined 0.1% on the month, though PPI excluding food, energy and trade rose 0.3% and was up 2.8% year-on-year, while the overall PPI was 2.6% higher than a year earlier. The surprise drop was driven largely by a 0.2% decline in services prices—especially a 1.7% fall in trade services and weaker wholesaling margins—while goods prices edged up 0.1%, with food slightly higher and energy lower. Markets reacted positively, with stock futures rising and yields slipping, as traders saw the data as reinforcing expectations for the Fed’s first rate cut since December 2024, even as broader concerns lingered over tariffs, still-above-target inflation, and a softer underlying labor market.

The chart below illustrates GBP/USD price movement following the high-impact U.S. PPI release, shown on a 5-minute candlestick chart.