Economic Calendar: Canadian CPI and Eurozone Data in Focus (20.05.2025)

07:09 20 May 2025

Today's economic calendar features key central bank decisions with China's PBoC cutting benchmark rates and the RBA expected to deliver a rate cut. Markets will also focus on Eurozone consumer confidence and Canadian inflation data as trade tensions continue to affect global economic outlooks.

 

Key Economic Data (BST)

07:30 - RBA Press Conference

  • RBA revised down 2025 GDP forecast to 2.1% from 2.4%

09:00 - Eurozone Current Account (Mar)

  • Eurozone Current Account: Previous 34.300B
  • Eurozone Current Account NSA: Previous 33.10B

09:30 - Hong Kong Unemployment Rate (Apr)

  • Hong Kong Unemployment Rate: Forecast 3.2% vs Previous 3.2%

10:00 - Eurozone Construction Output (Mar)

  • Eurozone Construction Output MoM: Previous -0.48%

13:30 - Canadian CPI (Apr)

  • Canadian CPI YoY: Forecast 1.6% vs Previous 2.3%
  • Canadian CPI MoM: Forecast -0.2% vs Previous 0.3%
  • Canadian CPI Trim: Forecast 2.8% vs Previous 2.8%
  • Canadian CPI Median: Forecast 2.9% vs Previous 2.9%
  • BoC Core CPI YoY: Previous 2.2%
  • BoC Core CPI MoM: Previous 0.1%
  • Canadian CPI Common: Previous 2.3%
  • Canadian Core CPI MoM: Previous -0.2%

13:55 - US Redbook (Weekly)

  • US Redbook YoY: Previous 5.8%

15:00 - Eurozone Consumer Confidence Flash (May)

  • Eurozone Consumer Confidence Flash: Forecast -16 vs Previous -16.7

21:30 - US API Weekly Oil Stock Report

  • US API Crude Oil Stock Change: Previous 4.287M
  • US API Cushing Stock Change: Previous -0.85M
  • US API Gasoline Stock Change: Previous -1.374M
  • US API Distillate Stock Change: Previous -3.675M
 

Central Bank Speakers

  • 07:30 - ECB Pres. von der Leyen Speaks
  • 07:55 - ECB's Wunsch Speaks
  • 08z:00 - BoE's Pill Speaks
  • 11:00 - ECB's Knot Speaks
  • 11:00 - ECB's Cipollone Speaks
  • 12:50 - ECB's Buch Speaks
  • 14:00 - Fed's Bostic Speaks
  • 14:00 - Fed's Barkin Speaks
  • 14:30 - Fed's Collins Speaks
  • 18:00 - Fed's Musalem Speaks

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