Economic Calendar: Key Market Events for the Week from October 20 to October 24, 2025

Prepare for a dynamic week in global markets with critical economic events from October 20 to October 24, 2025.

Monday kicks off with a holiday in Singapore, featuring Brazil’s BCB Focus Market Readout, German PPI, U.S. Industrial Production, and Canada’s IPPI.

Tuesday brings Canada’s CPI, UK Public Sector Net Borrowing, ECB President Lagarde’s speech, and Japan’s Trade Balance.

Midweek, Wednesday highlights Mexico’s Economic Activity, UK CPI, U.S. Crude Oil Inventories, and South Africa’s CPI.

Thursday includes Brazil’s BCB National Monetary Council Meeting, Mexico’s Retail Sales, U.S. Initial Jobless Claims, and Eurozone Consumer Confidence.

The week concludes Friday with Brazil’s Mid-Month CPI, U.S. CPI, German Manufacturing PMI, and UK Retail Sales.

Monday, October 20, 2025

All Day Holiday: Singapore – Diwali

Brazil

07:25 AM EST (08:25 AM BRT) BCB Focus Market Readout (Cons: -, Prev: -)

Mexico

No scheduled events

Eurozone

03:00 AM EST (09:00 AM CEST) German PPI (YoY) (Sep) (Cons: -, Prev: -2.2%)
03:00 AM EST (09:00 AM CEST) German PPI (MoM) (Sep) (Cons: 0.1%, Prev: -0.5%)
04:00 AM EST (10:00 AM CEST) Current Account (Aug) (Cons: 22.5B, Prev: 27.7B)
04:00 AM EST (10:00 AM CEST) ECB’s Schnabel Speaks
06:00 AM EST (12:00 PM CEST) German Buba Monthly Report (Cons: -, Prev: -)
03:00 PM EST (09:00 PM CEST) German Buba President Nagel Speaks

United States

10:00 AM EST Business Inventories (MoM) (Aug) (Cons: 0.1%, Prev: 0.2%)
10:00 AM EST Industrial Production (MoM) (Sep) (Cons: 0.1%, Prev: 0.1%)
10:00 AM EST Capacity Utilization Rate (Sep) (Cons: 77.3%, Prev: 77.4%)

Canada

08:30 AM EST IPPI (YoY) (Sep) (Cons: -, Prev: 4.0%)
08:30 AM EST IPPI (MoM) (Sep) (Cons: -, Prev: 0.5%)
10:30 AM EST BoC Business Outlook Survey (Cons: -, Prev: -)

Hong Kong

04:30 AM EST (04:30 PM HKT) Unemployment Rate (Sep) (Cons: -, Prev: 3.7%)

Tuesday, October 21, 2025

All Day Holiday: India – Diwali – Laxmi Puja

Brazil

No scheduled events

Mexico

No scheduled events

United Kingdom

02:00 AM EST (07:00 AM BST) Public Sector Net Borrowing (Sep) (Cons: 20.50B, Prev: 18.00B)
02:00 AM EST (07:00 AM BST) Public Sector Net Cash Requirement (Sep) (Cons: -, Prev: 10.158B)

Eurozone

03:00 AM EST (09:00 AM CEST) ECB’s Lane Speaks
07:00 AM EST (01:00 PM CEST) ECB President Lagarde Speaks

United States

09:00 AM EST Fed Waller Speaks
15:30 PM EST Fed Waller Speaks
04:30 PM EST API Weekly Crude Oil Stock (Cons: -, Prev: 3.524M)

Canada

08:30 AM EST CPI (YoY) (Sep) (Cons: -, Prev: 1.9%)
08:30 AM EST Core CPI (YoY) (Sep) (Cons: -, Prev: 2.6%)
08:30 AM EST CPI (MoM) (Sep) (Cons: -0.1%, Prev: -0.1%)

Japan

07:50 PM EST (08:50 AM JST, Oct 22) Trade Balance (Sep) (Cons: -, Prev: -242.8B)
07:50 PM EST (08:50 AM JST, Oct 22) Adjusted Trade Balance (Cons: -0.09T, Prev: -0.15T)

South Africa

03:00 AM EST (09:00 AM SAST) Leading Indicators (Aug) (Cons: -, Prev: 113.70%)

Wednesday, October 22, 2025

All Day Holiday: India – Diwali-Balipratipada

Brazil

01:30 PM EST (02:30 PM BRT) Foreign Exchange Flows (Cons: -, Prev: 0.738B)

Mexico

08:00 AM EST (07:00 AM CST) Economic Activity (MoM) (Aug) (Cons: -, Prev: -0.90%)
08:00 AM EST (07:00 AM CST) Economic Activity (YoY) (Aug) (Cons: -, Prev: -1.10%)

United Kingdom

02:00 AM EST (07:00 AM BST) CPI (YoY) (Sep) (Cons: 4.0%, Prev: 3.8%)
02:00 AM EST (07:00 AM BST) Core CPI (YoY) (Sep) (Cons: 3.7%, Prev: 3.6%)
02:00 AM EST (07:00 AM BST) PPI Input (YoY) (Sep) (Cons: -, Prev: -0.1%)
04:30 AM EST (09:30 AM BST) House Price Index (YoY) (Cons: 2.9%, Prev: 2.8%)

United States

07:00 AM EST MBA Mortgage Applications (WoW) (Cons: -, Prev: -1.8%)
10:30 AM EST Crude Oil Inventories (Cons: -, Prev: 3.524M)

South Africa

04:00 AM EST (10:00 AM SAST) CPI (YoY) (Sep) (Cons: 3.5%, Prev: 3.3%)

Eurozone

07:00 AM EST (01:00 PM CEST) ECB’s De Guindos Speaks

Thursday, October 23, 2025

Brazil

08:00 AM EST (09:00 AM BRT) BCB National Monetary Council Meeting (Cons: -, Prev: -)

Mexico

08:00 AM EST (07:00 AM CST) Retail Sales (YoY) (Aug) (Cons: -, Prev: 2.4%)
08:00 AM EST (07:00 AM CST) Retail Sales (MoM) (Aug) (Cons: -, Prev: 0.1%)
08:00 AM EST (07:00 AM CST) 1st Half-Month Core CPI (Oct) (Cons: -, Prev: 0.22%)
08:00 AM EST (07:00 AM CST) 1st Half-Month CPI (Oct) (Cons: -, Prev: 0.18%)

United States

08:30 AM EST Initial Jobless Claims (Cons: 223K, Prev: 218K)
08:30 AM EST Continuing Jobless Claims (Cons: 1,930K, Prev: 1,926K)
10:00 AM EST Existing Home Sales (Sep) (Cons: 4.06M, Prev: 4.00M)

Eurozone

10:00 AM EST (04:00 PM CEST) Consumer Confidence (Oct) (Cons: -15.0, Prev: -14.9)

Canada

08:30 AM EST Core Retail Sales (MoM) (Aug) (Cons: 1.5%, Prev: -1.2%)
08:30 AM EST Retail Sales (MoM) (Aug) (Cons: 1.0%, Prev: -0.8%)

Friday, October 24, 2025

Brazil

07:30 AM EST (08:30 AM BRT) Current Account (USD) (Sep) (Cons: -, Prev: -4.67B)
07:30 AM EST (08:30 AM BRT) Foreign Direct Investment (USD) (Sep) (Cons: -, Prev: 7.99B)
08:00 AM EST (09:00 AM BRT) Mid-Month CPI (MoM) (Oct) (Cons: -, Prev: 0.48%)
08:00 AM EST (09:00 AM BRT) Mid-Month CPI (YoY) (Oct) (Cons: -, Prev: 5.32%)

Mexico

No scheduled events

Eurozone

03:30 AM EST (09:30 AM CEST) German Manufacturing PMI (Oct) (Cons: 49.6, Prev: 49.5)
04:00 AM EST (10:00 AM CEST) Manufacturing PMI (Oct) (Cons: 49.9, Prev: 49.8)
04:00 AM EST (10:00 AM CEST) S&P Global Composite PMI (Oct) (Cons: -, Prev: 51.2)

United States

08:30 AM EST CPI (YoY) (Sep) (Cons: 3.1%, Prev: 2.9%)
08:30 AM EST Core CPI (YoY) (Sep) (Cons: 3.1%, Prev: 3.1%)
09:45 AM EST Manufacturing PMI (Oct) (Cons: 51.9, Prev: 52.0)

United Kingdom

02:00 AM EST (07:00 AM BST) Retail Sales (YoY) (Sep) (Cons: -, Prev: 0.7%)
04:30 AM EST (09:30 AM BST) Composite PMI (Oct) (Cons: -, Prev: 50.1)

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