Economic Calendar: US PCE Inflation, German CPI, French GDP In Focus

10:07 am 28 February 2025

Today's economic releases will be closely watched as markets navigate escalating US-China trade tensions and the global market selloff. With Asian stocks plummeting and technology shares under pressure following Nvidia's decline, investors will focus on the crucial PCE inflation report that could influence Fed rate cut expectations. European economic data including French and German figures will provide insight into the region's economic health, while UK housing data came in higher than expected. Central bank commentary may offer additional guidance amid the volatile trading environment.

 

Key Events (All times GMT)

07:00 - UK Housing Data

  • UK Nationwide HPI (YoY) (Feb): 3.9% actual vs 3.4% expected vs 4.1% prior
  • UK Nationwide HPI (MoM) (Feb): 0.4% actual vs 0.2% expected vs 0.1% prior

07:00 - German Retail Sales

  • German Retail Sales (MoM) (Jan): 3.5% actual vs 0.4% expected vs -1.6% prior

07:45 - French Economic Indicators

  • French Consumer Spending (MoM) (Jan): -0.6% expected vs 0.7% prior
  • French GDP (QoQ) (Q4): -0.1% expected vs 0.4% prior
  • French GDP (YoY) (Q4): 0.7% expected vs 1.2% prior
  • French CPI (MoM) (Feb): 0.5% expected vs 0.2% prior
  • French HICP (MoM) (Feb): 0.3% expected vs -0.2% prior

08:00 - Swiss Economic Indicators

  • Swiss KOF Leading Indicators (Feb): 101.9 expected vs 101.6 prior
 

08:55 - German Labor Market

  • German Unemployment Change (Feb): 14K expected vs 11K prior
  • German Unemployment Rate (Feb): 6.2% expected vs 6.2% prior

13:00 - German Inflation

  • German CPI (MoM) (Feb): 0.4% expected vs -0.2% prior
  • German CPI (YoY) (Feb): 2.3% expected vs 2.3% prior

13:30 - Canadian GDP

  • Canadian GDP (QoQ) (Q4): 1.9% annualized expected vs 1.0% prior
  • Canadian GDP (MoM) (Dec): 0.2% expected vs -0.2% prior

13:30 - US PCE Inflation

  • US Core PCE Price Index (MoM) (Jan): 0.3% expected vs 0.2% prior
  • US Core PCE Price Index (YoY) (Jan): 2.6% expected vs 2.8% prior
  • US PCE Price Index (MoM) (Jan): 0.3% expected vs 0.3% prior
  • US PCE Price Index (YoY) (Jan): 2.5% expected vs 2.6% prior
  • US Personal Spending (MoM) (Jan): 0.2% expected vs 0.7% prior
  • US Goods Trade Balance (Jan): -$116.90B expected vs -$122.01B prior

14:45 - US Chicago PMI

  • US Chicago PMI (Feb): 40.5 expected vs 39.5 prior

15:30 - US GDP Forecast

  • US Atlanta Fed GDPNow (Q1): 2.3% expected vs 2.3% prior

18:00 - US Energy Sector

  • US Baker Hughes Oil Rig Count: Previous 488
  • US Baker Hughes Total Rig Count: Previous 592

20:30 - CFTC Positions Data

  • CFTC Currency Speculative Net Positions (GBP, AUD, EUR, BRL)
  • CFTC Commodity Speculative Net Positions (Crude Oil, Gold)
  • CFTC Index Speculative Net Positions (Nasdaq 100, S&P 500)

 

Central Bank Speakers

07:00 - Bank of England

  • MPC Member Ramsden Speaks

The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.

Share:
Back

Join over 1 600 000 XTB Group Clients from around the world.