Markets will focus on a series of European GDP readings and Canadian economic indicators today, while also monitoring U.S. consumer confidence data following recent market volatility. The UK GDP data and German import prices will provide insights into European economic health, while Canadian GDP figures could influence Bank of Canada policy expectations.
Economic Releases
07:00 AM GMT, United Kingdom - GDP Data:
- GDP YoY - Forecast: 1%, Previous: 1.0%
- GDP QoQ - Forecast: 0.1%, Previous: 0.1%
- Business Investment QoQ - Forecast: 1.2%, Previous: 1.2%
- Current Account - Forecast: -28B, Previous: -28.4B
07:00 AM GMT, Germany - Import Prices MoM:
- Forecast: 0.6%, Previous: 0.6%
08:00 AM GMT, Spain - GDP Data:
- GDP QoQ - Forecast: 0.8%, Previous: 0.8%
- GDP YoY - Forecast: 3.4%, Previous: 3.4%
09:00 AM GMT, Italy - Non-EU Flash Trade Balance:
- Previous: 5.71B
13:30 PM GMT, Canada - Economic Indicators:
- GDP MoM - Forecast: 0.2%, Previous: 0.1%
- PPI MoM - Forecast: 0.3%, Previous: 1.2%
- RMPI MoM - Forecast: 0.5%, Previous: 3.8%
- PPI YoY - Previous: 1.1%
13:30 PM GMT, United States - Chicago National Activity Index:
- Forecast: -0.15, Previous: -0.40
18:30 PM GMT - BoC Meeting Minutes Release
21:00 PM GMT, South Korea - Consumer Sentiment:
- Previous: 100.7
Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide
3 markets to watch next week (05.12.2025)
BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher
BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉
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