Economic Calendar: Key Market Events for the Week from July 21 to July 25, 2025
Prepare for a dynamic week with the Economic Calendar spotlighting critical market events from July 21 to July 25, 2025.
Stay sharp to capitalize on opportunities in a market driven by global economic indicators, with Brazil and Latin America in focus, alongside each day’s most impactful events.
Monday kicks off with Japan’s Marine Day holiday, setting a quieter tone, but markets will watch Brazil’s BCB Focus Market Readout and Canada’s IPPI for early signals.
Tuesday is headlined by U.S. Fed Chair Powell’s speech, a key driver for monetary policy expectations, alongside Brazil’s BCB National Monetary Council Meeting and Mexico’s Economic Activity.
Midweek, Wednesday brings South Africa’s CPI, a critical inflation gauge, complemented by Brazil’s Foreign Exchange Flows and U.S. Existing Home Sales.
Thursday focuses on the ECB Interest Rate Decision, a pivotal event for Eurozone markets, with Brazil’s Mid-Month CPI and U.S. Initial Jobless Claims also in view.
Friday wraps up with U.S. Durable Goods Orders, a major economic indicator, alongside Brazil’s FGV Consumer Confidence and Eurozone’s German Ifo Business Climate Index.
Economic Calendar for the Week from July 21 to July 25, 2025
Monday, July 21, 2025
Brazil
7:25 AM EST (8:25 AM BRT) BCB Focus Market Readout (Cons: -, Prev: -)
Canada
8:30 AM EST (9:30 AM BRT) IPPI (YoY) (Jun) (Cons: -, Prev: 1.2%)
8:30 AM EST (9:30 AM BRT) IPPI (MoM) (Jun) (Cons: 0.3%, Prev: -0.5%)
8:30 AM EST (9:30 AM BRT) RMPI (MoM) (Jun) (Cons: -0.2%, Prev: -0.4%)
8:30 AM EST (9:30 AM BRT) RMPI (YoY) (Jun) (Cons: -, Prev: -2.8%)
Switzerland
3:00 AM EST (4:00 AM BRT) M3 Money Supply (Jun) (Cons: -, Prev: 1,175,249.0B)
Hong Kong
4:30 AM EST (5:30 AM BRT) CPI (MoM) (Jun) (Cons: -, Prev: -0.30%)
4:30 AM EST (5:30 AM BRT) CPI (YoY) (Jun) (Cons: -, Prev: 1.90%)
India
7:40 AM EST (8:40 AM BRT) Infrastructure Output (YoY) (Jun) (Cons: -, Prev: 0.7%)
Eurozone
9:00 AM EST (10:00 AM BRT) French 12-Month BTF Auction (Cons: -, Prev: 1.914%)
9:00 AM EST (10:00 AM BRT) French 3-Month BTF Auction (Cons: -, Prev: 1.940%)
9:00 AM EST (10:00 AM BRT) French 6-Month BTF Auction (Cons: -, Prev: 1.925%)
United States
10:00 AM EST (11:00 AM BRT) US Leading Index (MoM) (Jun) (Cons: -0.2%, Prev: -0.1%)
11:30 AM EST (12:30 PM BRT) 3-Month Bill Auction (Cons: -, Prev: 4.245%)
11:30 AM EST (12:30 PM BRT) 6-Month Bill Auction (Cons: -, Prev: 4.125%)
South Korea
5:00 PM EST (6:00 PM BRT) PPI (MoM) (Jun) (Cons: -, Prev: -0.4%)
5:00 PM EST (6:00 PM BRT) PPI (YoY) (Jun) (Cons: -, Prev: 0.3%)
New Zealand
6:45 PM EST (7:45 PM BRT) Trade Balance (MoM) (Jun) (Cons: 1,020M, Prev: 1,235M)
6:45 PM EST (7:45 PM BRT) Trade Balance (YoY) (Jun) (Cons: -, Prev: -3,790M)
Australia
9:30 PM EST (10:30 PM BRT) RBA Meeting Minutes (Cons: -, Prev: -)
Tuesday, July 22, 2025
Brazil
8:00 AM EST (9:00 AM BRT) BCB National Monetary Council Meeting (Cons: -, Prev: -)
United States
8:30 AM EST (9:30 AM BRT) Fed Chair Powell Speaks (Cons: -, Prev: -)
8:55 AM EST (9:55 AM BRT) Redbook (YoY) (Cons: -, Prev: 5.2%)
10:00 AM EST (11:00 AM BRT) Richmond Manufacturing Index (Jul) (Cons: -3, Prev: -7)
Mexico
8:00 AM EST (9:00 AM BRT) Economic Activity (MoM) (May) (Cons: -, Prev: 0.50%)
8:00 AM EST (9:00 AM BRT) Economic Activity (YoY) (May) (Cons: -, Prev: -1.50%)
United Kingdom
2:00 AM EST (3:00 AM BRT) Public Sector Net Borrowing (Jun) (Cons: 17.60B, Prev: 17.69B)
5:15 AM EST (6:15 AM BRT) BoE Gov Bailey Speaks (Cons: -, Prev: -)
Eurozone
4:00 AM EST (5:00 AM BRT) ECB Bank Lending Survey (Cons: -, Prev: -)
1:00 PM EST (2:00 PM BRT) ECB President Lagarde Speaks (Cons: -, Prev: -)
South Africa
3:00 AM EST (4:00 AM BRT) Leading Indicators (May) (Cons: -, Prev: 112.80%)
Wednesday, July 23, 2025
Brazil
1:30 PM EST (2:30 PM BRT) Foreign Exchange Flows (Cons: -, Prev: 0.638B)
South Africa
4:00 AM EST (5:00 AM BRT) Core CPI (YoY) (Jun) (Cons: -, Prev: 3.0%)
4:00 AM EST (5:00 AM BRT) CPI (YoY) (Jun) (Cons: -, Prev: 2.8%)
United States
10:00 AM EST (11:00 AM BRT) Existing Home Sales (Jun) (Cons: 4.01M, Prev: 4.03M)
10:30 AM EST (11:30 AM BRT) Crude Oil Inventories (Cons: -, Prev: -3.859M)
Japan
1:00 AM EST (2:00 AM BRT) BoJ Core CPI (YoY) (Cons: 2.5%, Prev: 2.5%)
Singapore
1:00 AM EST (2:00 AM BRT) CPI (YoY) (Jun) (Cons: -, Prev: 0.8%)
Eurozone
5:30 AM EST (6:30 AM BRT) German 10-Year Bund Auction (Cons: -, Prev: 2.630%)
10:00 AM EST (11:00 AM BRT) Consumer Confidence (Jul) (Cons: -15.0, Prev: -15.3)
Australia
11:05 AM EST (12:05 PM BRT) RBA Gov Bullock Speaks (Cons: -, Prev: -)
Thursday, July 24, 2025
Brazil
8:00 AM EST (9:00 AM BRT) Mid-Month CPI (YoY) (Jul) (Cons: -, Prev: 5.27%)
8:00 AM EST (9:00 AM BRT) Mid-Month CPI (MoM) (Jul) (Cons: -, Prev: 0.26%)
Eurozone
8:15 AM EST (9:15 AM BRT) ECB Interest Rate Decision (Jul) (Cons: 2.15%, Prev: 2.15%)
8:45 AM EST (9:45 AM BRT) ECB Press Conference (Cons: -, Prev: -)
3:30 AM EST (4:30 AM BRT) German Manufacturing PMI (Jul) (Cons: 49.4, Prev: 49.0)
United States
8:30 AM EST (9:30 AM BRT) Initial Jobless Claims (Cons: 229K, Prev: 221K)
9:45 AM EST (10:45 AM BRT) Manufacturing PMI (Jul) (Cons: 52.7, Prev: 52.9)
10:00 AM EST (11:00 AM BRT) New Home Sales (Jun) (Cons: 651K, Prev: 623K)
United Kingdom
4:30 AM EST (5:30 AM BRT) Composite PMI (Jul) (Cons: -, Prev: 52.0)
Canada
8:30 AM EST (9:30 AM BRT) Core Retail Sales (MoM) (May) (Cons: -0.1%, Prev: -0.3%)
Friday, July 25, 2025
Brazil
7:00 AM EST (8:00 AM BRT) FGV Consumer Confidence (Jul) (Cons: -, Prev: 85.9)
7:30 AM EST (8:30 AM BRT) Current Account (USD) (Jun) (Cons: -, Prev: -2.93B)
7:30 AM EST (8:30 AM BRT) Foreign Direct Investment (USD) (Jun) (Cons: -, Prev: 3.66B)
3:30 PM EST (4:30 PM BRT) CFTC BRL Speculative Net Positions (Cons: -, Prev: 24.2K)
United States
8:30 AM EST (9:30 AM BRT) Core Durable Goods Orders (MoM) (Jun) (Cons: 0.0%, Prev: 0.5%)
8:30 AM EST (9:30 AM BRT) Durable Goods Orders (MoM) (Jun) (Cons: -10.3%, Prev: 16.4%)
Eurozone
4:30 AM EST (5:30 AM BRT) German Ifo Business Climate Index (Jul) (Cons: 89.2, Prev: 88.4)
4:00 AM EST (5:00 AM BRT) M3 Money Supply (YoY) (Jun) (Cons: 3.7%, Prev: 3.9%)
United Kingdom
2:00 AM EST (3:00 AM BRT) Retail Sales (MoM) (Jun) (Cons: 1.2%, Prev: -2.7%)
Japan
7:30 PM EST (8:30 PM BRT) Tokyo Core CPI (YoY) (Jul) (Cons: 3.0%, Prev: 3.1%)
This week’s packed schedule, driven by Brazil’s inflation and consumer confidence data, amplified by global heavyweights like the ECB Interest Rate Decision, U.S. Fed Chair Powell’s speech, and South Africa’s CPI, offers critical insights for navigating financial markets.
EST is used for consistency, aligning with U.S. financial markets. BRT is included, reflecting Brazil’s standard time (UTC-3).