Macro Calendar - Tariffs and Labour Market Data Day

Today is a key day for financial markets. Firstly, the US has announced reciprocal tariffs on most economies, although with the exception of Canada, the tariffs will not take effect for seven days. In addition, as it is the first day of the month, we will see a number of macroeconomic releases, including crucial data from the US labour market. Earlier, Europe will provide a series of PMI readings and preliminary CPI inflation figures from the Eurozone.

Macro Calendar (BST):

08:00 AM Poland - Manufacturing PMI for July (forecast: 45.8; previous: 44.8)
08:15 AM Spain - Manufacturing PMI for July (forecast: 51.5; previous: 51.4)
08:50 AM France - Manufacturing PMI for July (forecast: 48.4; previous: 48.1)
08:55 AM Germany - Manufacturing PMI for July (forecast: 49.2; previous: 49)
09:00 AM Eurozone - Manufacturing PMI for July (forecast: 49.8; previous: 49.5)
10:30 AM UK - Manufacturing PMI for July (forecast: 48.2; previous: 47.7)
10:00 AM Eurozone - Preliminary CPI inflation for July (forecast: 1.9% y/y; previous: 2.0% y/y)
10:00 AM Eurozone - Preliminary Core CPI inflation for July (forecast: 2.2% y/y; previous: 2.3% y/y)
01:30 PM USA - NFP employment change for July (forecast: 110k; previous: 147k)
01:30 PM USA - Unemployment Rate (forecast: 4.2%; previous: 4.1%)
01:30 PM USA - Wages (forecast: 3.8% y/y and 0.3% m/m; previous: 3.7% y/y and 0.2% m/m)
03:00 PM USA - ISM Manufacturing Index for July (forecast: 49.5; previous: 52.9)
03:00 PM USA - Consumer Confidence Index (forecast: 61.9; previous: 60.7)

Earnings calendar:

Exxon Mobile (before session)
Chevron (before session)

5 December 2025, 6:56 PM

Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide

5 December 2025, 3:01 PM

BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher

5 December 2025, 1:32 PM

BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉

5 December 2025, 11:42 AM

DE40: Adequate data, Mild growth

Economic reports

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Macro Calendar - Tariffs and Labour Market Data Day

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