Economic Calendar: German GDP, US House Prices and Consumer Confidence In Focus

Today's economic releases will be closely watched as markets navigate escalating US-China tech tensions and President Trump's tariff threats. With Asian stocks retreating and oil prices rising on Iran sanctions, investors will focus on German GDP data expected to confirm contraction and US consumer confidence figures anticipated to show further weakening. Central bank speakers from the ECB, Bundesbank, BoE, and Fed will be scrutinized for signals on monetary policy direction as Treasury yields touch fresh lows and gold approaches $3,000 amid growing expectations for Fed rate cuts.

Key Events (All times GMT)

07:00 - German GDP

German GDP (YoY) (Q4): actual -0.2% QoQ; -0.2% expected vs -0.3% prior
German GDP (QoQ) (Q4): actual -0.2% YoY; -0.2% expected vs 0.1% prior

14:00 - US House Price Index

S&P/CS HPI Composite - 20 n.s.a. (YoY) (Dec): 4.4% expected vs 4.3% prior
S&P/CS HPI Composite - 20 n.s.a. (MoM) (Dec): No forecast vs -0.1% prior

15:00 - US CB Consumer Confidence

CB Consumer Confidence (Feb): 102.7 expected vs 104.1 prior

15:00 - API Weekly Crude Oil Stock

API Weekly Crude Oil Stock (Previous: 3.339M)

Central Bank Speakers

10:00 - German Bundesbank Mauderer Speaks
10:00 - German Bundesbank President Nagel Speaks
13:00 - ECB's Schnabel Speaks
14:00 - BoE MPC Member Pill Speaks
16:45 - Fed Vice Chair for Supervision Barr Speaks

20 May 2026, 19:24

URGENT: Hawkish FOMC minutes fail to halt market gains

20 May 2026, 19:00

Daily Summary: 6% Oil Declines Fuel Stock Gains

20 May 2026, 07:57

UK inflation drops, but for how long, as Reeves tries to impose price caps on food

20 May 2026, 07:10

Pound falls on relatively low CPI reading ⏰

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