Economic calendar: US hard data in the spotlight

PMI data from Poland and the United Kingdom
Hard data from the US expected to show deterioration
New ECB President, Christine Lagarde, to deliver a speech

8:00 am GMT - Poland, Manufacturing PMI for October. The Polish zloty continues has been strengthening for over a month now. Economy of Poland looks more resilient to the ongoing global slowdown but data began to deteriorate as of late. Manufacturing PMI for October is expected to tick higher to 48.1 pts (47.8 pts previously).

9:00 am GMT - Eurozone, Manufacturing PMI for October. PMI data from the eurozone scheduled for today should not have much of a market impact as it will be the second release for October. The German reading will be released at 8:55 am GMT.

9:30 am GMT - UK, Construction PMI for October. The UK construction PMI sat deep in contraction territory in September (43.3 pts). The situation is unlikely to change in October but market consensus expects an improvement and jump to 44 pts.

3:00 pm GMT - US, Factory orders and durable goods orders for September. A pack of the “hard” US data will be released today in the afternoon. Unlike survey data, those releases show real impact of trade war on the economy. Factory orders are seen dropping 0.3% MoM in September while headline durable goods orders data is forecasted to show 1.1% MoM decline.

Central bankers’ speeches

8:00 am GMT - Norges Bank Governor Olsen
8:00 am GMT - ECB’s de Cos
7:30 pm GMT - ECB President Lagarde
10:00 pm GMT - Fed’s Daly

Major US companies reporting earnings today

Sysco (SYY.US)
Prudential Financial (PRU.US)
Marriott International (MAR.US)
Uber Technologies (UBER.US)

20 October 2025, 7:02 AM

BREAKING: Producer Inflation in Germany lower than expected

20 October 2025, 6:52 AM

Macro Calendar: Quiet Start to an Eventful Week

20 October 2025, 6:32 AM

Morning wrap (20.10.2025)

17 October 2025, 7:03 PM

Daily summary: Trump remarks helps Wall Street 📈Precious metals decline

economic reports

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Economic calendar: US hard data in the spotlight

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