Economic Calendar

List of important economic releases

Time Impact
Currency
Event
Previous
Forecast
Actual
Dec 16, 2025

09:30

GBP
S&P Global Manufacturing PMI Flash
{previous} 50.2
{forecast} 50.5
{actual}
Markit/CIPS UK Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 600 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

10:00

EUR
ZEW Economic Sentiment Index
{previous} 25
{forecast} 26.3
{actual}
In the Euro Area, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality.

10:00

EUR
Balance of Trade
{previous} €19.4B
{forecast}
{actual}
The Euro Area is one of the world’s biggest players in global trade. The bloc runs regular trade surpluses primarily due to the high export of manufactured goods such as machinery and vehicles. However, it is a net importer of energy and raw materials. Germany by far contributes the most to surplus followed by Netherlands, Ireland, and Italy. On the other hand, the deficits are constantly recorded in France and Spain. Still, in 2022, the block run the biggest trade deficit on record as the energy imports surged after the war in Ukraine forced the members to reduce energy imports from Russia and destabilized the energy markets. .

10:00

GBP
Treasury Gilt 2031 Auction
{previous} 4.088%
{forecast}
{actual}

11:00

BRL
BCB Copom Meeting Minutes
{previous}
{forecast}
{actual}
In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.

12:00

NZD
Global Dairy Trade Price Index
{previous} -4.3%
{forecast}
{actual}
The Global Dairy Trade Price Index measures the weighted-average price of nine dairy products sold at auction every two weeks in New Zealand.

13:00

USD
Building Permits Final
{previous} 1.33M
{forecast}
{actual}
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.

13:00

USD
Building Permits MoM Final
{previous}
{forecast}
{actual}
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.

13:00

USD
Building Permits Final
{previous}
{forecast}
{actual}
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.

13:00

USD
Building Permits MoM Final
{previous} -2.3%
{forecast}
{actual}
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.

13:15

USD
ADP Employment Change Weekly
{previous} 4.75K
{forecast}
{actual}

13:30

USD
Building Permits Prel
{previous}
{forecast}
{actual}
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.

13:30

USD
Housing Starts MoM
{previous}
{forecast}
{actual}
Housing Starts refer to the number of new residential construction projects that have begun during any particular month. Estimates of housing starts include units in structures being totally rebuilt on an existing foundation.

13:30

USD
Unemployment Rate
{previous} 4.4%
{forecast} 4.4%
{actual}
In the United States, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

13:30

USD
Participation Rate
{previous}
{forecast}
{actual}
The civilian labor force participation rate is the number of employed and unemployed but looking for a job as a percentage of the population aged 16 years and over.

13:30

USD
Retail Sales Ex Gas/Autos MoM
{previous} 0.1%
{forecast}
{actual}
Retail Sales Ex Gas and Autos in the US provides aggregated measure of sales of retail goods and services excluding motor vehicle dealers and gasoline station over a period of a month.

13:30

USD
Average Hourly Earnings YoY
{previous} 3.8%
{forecast}
{actual}
In the United States, Average Hourly Earnings is the average amount employees make per hour in a given month. The Federal Reserve uses average hourly earnings in deciding whether to raise or lower interest rates.

13:30

USD
Housing Starts
{previous}
{forecast}
{actual}
Housing Starts refer to the number of new residential construction projects that have begun during any particular month. Estimates of housing starts include units in structures being totally rebuilt on an existing foundation.

13:30

USD
Average Hourly Earnings MoM
{previous}
{forecast}
{actual}
In the United States, Average Hourly Earnings is the average amount employees make per hour in a given month. The Federal Reserve uses average hourly earnings in deciding whether to raise or lower interest rates.

13:30

USD
Building Permits Prel
{previous}
{forecast}
{actual}
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.

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