GLOBAL: Economic Data Calendar 05/02/2025
Feb-05 16:54
| Date | GMT/Local | Period | Country | Release | Prior | Consensus | |
| 06/02/2025 | 0030/1130 | Dec | AU | Trade Balance | -- | -- | AUD (m) |
| 06/02/2025 | 0645/0745 | Jan | CH | Unemployment Rate | 2.6 | 2.6 | % |
| 06/02/2025 | 0645/0745 | Jan | CH | Unemployment m/m | 7.6 | -- | % |
| 06/02/2025 | 0645/0745 | Jan | CH | Unemployment y/y | 21.9 | -- | % |
| 06/02/2025 | 0700/0800 | Dec | DE | Manufacturing Orders m/m | -5.4 | 2.5 | % |
| 06/02/2025 | 0830/0930 | Jan | EU | S&P Global Construction PMI | -- | -- | |
| 06/02/2025 | 0930/0930 | Jan | UK | S&P Global Construction PMI | -- | -- | |
| 06/02/2025 | 1000/1100 | Dec | EU | Retail Sales m/m | 0.1 | -- | % |
| 06/02/2025 | 1000/1100 | Dec | EU | Retail Sales y/y wda | 1.2 | -- | % |
| 06/02/2025 | 1200/1200 | UK | Bank of England Bank Rate | 4.75 | -- | % | |
| 06/02/2025 | 1200/1200 | UK | Bank of England Bank Rate | 4.75 | -- | % | |
| 06/02/2025 | 1330/0830 | 01-Feb | US | Continuing Claims | 1858 | -- | (k) |
| 06/02/2025 | 1330/0830 | 01-Feb | US | Initial Jobless Claims | 207 | 215 | (k) |
| 06/02/2025 | 1330/0830 | 01-Feb | US | Prev Continuing Claims, Rev | -- | -- | (k) |
| 06/02/2025 | 1330/0830 | 01-Feb | US | Prev Initial Jobless Claims, Rev | -- | -- | (k) |
| 06/02/2025 | 1330/0830 | 30-Jan | US | Corn Net Sales | -- | -- | MT (k) |
| 06/02/2025 | 1330/0830 | 30-Jan | US | Corn Weekly Exports | -- | -- | MT (k) |
| 06/02/2025 | 1330/0830 | 30-Jan | US | Soy Net Sales | -- | -- | MT (k) |
| 06/02/2025 | 1330/0830 | 30-Jan | US | Soy Weekly Exports | -- | -- | MT (k) |
| 06/02/2025 | 1330/0830 | 30-Jan | US | Wheat Net Sales | -- | -- | MT (k) |
| 06/02/2025 | 1330/0830 | 30-Jan | US | Wheat Weekly Exports | -- | -- | MT (k) |
| 06/02/2025 | 1330/0830 | Q4 | US | Non-Farm Productivity (p) | 2.2 | 1.8 | % |
| 06/02/2025 | 1330/0830 | Q4 | US | Previous Non-Farm Productivity Revised | -- | -- | % |
| 06/02/2025 | 1330/0830 | Q4 | US | Previous Non-Farm Productivity Unit Labor Revised | -- | -- | % |
| 06/02/2025 | 1330/0830 | Q4 | US | Unit Labor Costs (p) | 0.8 | 3.5 | % |
| 06/02/2025 | 1500/1000 | Jan | CA | Ivey PMI (SA) | 54.7 | -- | |
| 06/02/2025 | 1530/1030 | 31-Jan | US | Natural Gas Stocks w/w | -- | -- | Bcf |
| 06/02/2025 | 1630/1130 | 07-Feb | US | Bid to Cover Ratio | -- | -- | |
| 06/02/2025 | 1630/1130 | 07-Feb | US | Bid to Cover Ratio | -- | -- | |
| 06/02/2025 | 1900/1400 | MX | Interest Rate | 10 | 9.5 | % | |
| 07/02/2025 | 2330/0830 | Jan | JP | Household spending y/y | -- | -- | % |
| 07/02/2025 | 0700/0800 | Dec | DE | Trade balance exports m/m | 2.1 | -- | % |
| 07/02/2025 | 0700/0800 | Dec | DE | Trade balance imports m/m | -3.3 | -- | % |
| 07/02/2025 | 0700/0800 | Dec | DE | Trade balance m/m | 19.7 | 17 | E (b) |
| 07/02/2025 | 0700/0800 | Dec | DE | Industrial Production m/m | -- | -0.3 | % |
| 07/02/2025 | 0745/0845 | Dec | FR | Foreign Trade | -- | -- | E (b) |
| 07/02/2025 | 0800/0900 | Dec | ES | Industrial Production y/y | -- | -- | % |
| 07/02/2025 | 1330/0830 | Jan | CA | Employment Change | 90.9 | -- | (k) |
| 07/02/2025 | 1330/0830 | Jan | CA | Unemployment Rate | 6.7 | -- | % |
| 07/02/2025 | 1330/0830 | Jan | US | Average Hourly Earnings y/y, current month | 3.9 | 3.8 | % |
| 07/02/2025 | 1330/0830 | Jan | US | Average Hourly Earnings, m/m | 0.3 | 0.3 | % |
| 07/02/2025 | 1330/0830 | Jan | US | Average Workweek, All Workers | 34.3 | 34.3 | hrs |
| 07/02/2025 | 1330/0830 | Jan | US | Nonfarm Payrolls | 256 | 160 | (k) |
| 07/02/2025 | 1330/0830 | Jan | US | Prev Nonfarm Payrolls, Rev | -- | -- | (k) |
| 07/02/2025 | 1330/0830 | Jan | US | Private Payrolls | 223 | 135 | (k) |
| 07/02/2025 | 1330/0830 | Jan | US | Unemployment Rate | 4.1 | 4.1 | % |
| 07/02/2025 | 1330/0830 | Jan | US | Unemployment Rate (3 dp) | 4.086 | -- | % |
| 07/02/2025 | 1500/1000 | Dec | US | Wholesale Inventories m/m | -0.2 | -- | % |
| 07/02/2025 | 1500/1000 | Dec | US | Wholesale Sales m/m | 0.6 | -- | % |
| 07/02/2025 | 1500/1000 | Jan | US | U. Mich Consumer Expectations | 69.3 | -- | |
| 07/02/2025 | 1500/1000 | Jan | US | U. Mich Consumer Sentiment | 71.1 | -- | |
| 07/02/2025 | 1500/1000 | Jan | US | U. Mich Current Economic Conditions | 74 | -- | |
| 07/02/2025 | 2000/1500 | Dec | US | Consumer Credit m/m | -7.5 | 10.5 | USD (b) |
| 09/02/2025 | 0130/0930 | Jan | CN | CPI y/y | -- | -- | % |
| 09/02/2025 | 0130/0930 | Jan | CN | PPI y/y | -- | -- | % |
| 10/02/2025 | 0700/0800 | Jan | NO | CPI m/m | -0.1 | -- | % |
| 10/02/2025 | 0700/0800 | Jan | NO | CPI y/y | 2.2 | -- | % |
| 10/02/2025 | - | Jan | CN | M2 YTD y/y | -- | -- | % |
| 10/02/2025 | - | Jan | CN | New Loans | -- | -- | CNY (t) |
| 10/02/2025 | - | Q4 | CN | Social Financing | -- | -- | CNY (t) |
| 10/02/2025 | 1600/1100 | Feb | US | NY Fed 1y Cons Infl Exp (med) | -- | -- | % |
| 10/02/2025 | 1600/1100 | Feb | US | NY Fed 3y Cons Infl Exp (med) | -- | -- | % |
| 10/02/2025 | 1600/1100 | Feb | US | NY Fed 5y Cons Infl Exp (med) | -- | -- | % |
| 11/02/2025 | 0001/0001 | Jan | UK | BRC Like-for-Like Sales y/y | 3.1 | -- | % |
| 11/02/2025 | 0001/0001 | Jan | UK | BRC Total Sales y/y | 3.2 | -- | % |
| 11/02/2025 | 0700/0800 | Jan | NO | GDP M/M | -- | -- | % |
| 11/02/2025 | 0700/0800 | Jan | NO | GDP Mainland M/M | -- | -- | % |
| 11/02/2025 | 1100/0600 | Jan | US | NFIB Small Business Index | -- | -- | |
| 11/02/2025 | 1330/0830 | Dec | CA | Building Permits | -- | -- | % |
| 11/02/2025 | 1355/0855 | 08-Feb | US | Redbook Retail Sales y/y (month) | -- | -- | % |
| 11/02/2025 | 1355/0855 | 08-Feb | US | Redbook Retail Sales y/y (week) | -- | -- | % |
| 11/02/2025 | 1700/1200 | 15/16 | US | Corn Ending Stocks current year | -- | -- | (m) |
| 11/02/2025 | 1700/1200 | 15/16 | US | Corn Production current year | -- | -- | (m) |
| 11/02/2025 | 1700/1200 | 15/16 | US | Corn yield per acre current year | -- | -- | |
| 11/02/2025 | 1700/1200 | 15/16 | US | Cotton Ending Stocks current year | -- | -- | (m) |
| 11/02/2025 | 1700/1200 | 15/16 | US | Cotton Production current year | -- | -- | (m) |
| 11/02/2025 | 1700/1200 | 15/16 | US | Soybeans - Ending Stocks current year | -- | -- | (m) |
| 11/02/2025 | 1700/1200 | 15/16 | US | Soybeans Production current year | -- | -- | (m) |
| 11/02/2025 | 1700/1200 | 15/16 | US | Soybeans yield per acre current year | -- | -- | |
| 11/02/2025 | 1700/1200 | 15/16 | US | Wheat - Ending Stocks current year | -- | -- | (m) |
| 11/02/2025 | 1700/1200 | 15/16 | US | Wheat Production current year | -- | -- | (m) |
| 12/02/2025 | 0030/1130 | Dec | AU | New Home Loans m/m | -- | -- | % |
| 12/02/2025 | 0900/1000 | Dec | IT | Industrial Production m/m | -- | -- | % |
| 12/02/2025 | 0900/1000 | Dec | IT | Industrial Production y/y wda | -- | -- | % |
| 12/02/2025 | 1000/1000 | Feb | UK | Bid to Cover Ratio | -- | -- | % |
| 12/02/2025 | 1200/0700 | 07-Feb | US | MBA Mortgage Applications w/w | -- | -- | % |
| 12/02/2025 | 1330/0830 | Jan | US | CPI Ex Food and Energy m/m (1 dp) | -- | -- | % |
| 12/02/2025 | 1330/0830 | Jan | US | CPI Ex Food and Energy m/m (3 dp) | -- | -- | % |
| 12/02/2025 | 1330/0830 | Jan | US | CPI Ex Food and Energy y/y (core nsa) | -- | -- | % |
| 12/02/2025 | 1330/0830 | Jan | US | CPI Supercore m/m (3 dp) | -- | -- | % |
| 12/02/2025 | 1330/0830 | Jan | US | CPI m/m (1 dp) | -- | -- | % |
| 12/02/2025 | 1330/0830 | Jan | US | CPI m/m (3 dp) | -- | -- | % |
| 12/02/2025 | 1330/0830 | Jan | US | CPI y/y (nsa) | -- | -- | % |
| 12/02/2025 | 1530/1030 | 07-Feb | US | Crude Oil Stocks ex. SPR w/w | -- | -- | bbl (m) |
| 12/02/2025 | 1530/1030 | 07-Feb | US | Distillate Stocks w/w change | -- | -- | bbl (m) |
| 12/02/2025 | 1530/1030 | 07-Feb | US | Gasoline Stocks w/w change | -- | -- | bbl (m) |
| 12/02/2025 | 1900/1400 | Jan | US | Treasury Budget Balance | -- | -- | USD (b) |
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
US STOCKS: Chip Makers, Interactive Media Shares Leading First Half Gainers
Jan-06 16:45
Stocks are trading higher early Monday, tech sector strength helping SPX Eminis rise to the best levels since December 27. Currently, the DJIA trades 353.54 points (0.83%) at 43082.63, S&P E-Minis up 76.5 points (1.28%) at 6065, Nasdaq up 351.3 points (1.8%) at 19971.12.
Semiconductor makers continued to benefit from news announced late Friday that Microsoft plans to invest $80B in AI-enabled data centers - at least of which are expected to be in the US. Leading gainers included Micron Technology +10.98%, Super Micro Compute +10.17%, Teradyne +6.40% while First Solar, Nvidia, KLA Corp, Applied Materials ad Lam Research all gained 5-6% in the first half.
Meanwhile, interactive media and entertainment shares buoyed the Communication Services sector with Alphabet +3.18%, Meta +2.99% and Paramount +2.44%.
On the flipside, Utility and Real Estate sectors underperformed early Monday, multi-energy providers weighing on the former: Eversource -1.88%, Sempra -1.63%, Ameren -1.60%. Office and Residential investment trusts weighed on the Real Estate sector with BXP Inc -2.34%, Camden Property -1.90%, Kimco -1.64%.
Reminder, the next round of quarterly earnings kicks off mid-January with Blackrock, Bank of NY Melon, Wells Fargo, JP Morgan, Goldman Sachs, Citigroup, US Bancorp, M&T Bank and PNC all reporting between January 13-16.
FED: Bank Stocks Up, Swap Spreads Wider With Barr Leaving As VC Supervision
Jan-06 16:43
Michael Barr's resignation as the Fed's Vice Chair for Supervision effective end-February (as opposed to staying on for his full term to Jul 2026) resolves one of the question marks for the Fed leadership coming into this year, with President-elect Trump having been expected to want to replace him (Barr was appointed by Pres Biden in 2022). That's precedented: VC for Supervision Tarullo resigned after Trump's inauguration in 2017 for example. As such Monday's announcement that Barr would leave the position early was unsurprising.
- Another question, however, was whether Barr would stay on as a Governor through the full term to 2032 (In 2017, Tarullo resigned both the VC position and his Governorship). Since Barr has decided to stay on, that means there are no vacancies in the Board of Governors for Trump to fill. So absent any governors resigning, Trump will have to choose one of the existing governors as the next VC for Supervision.
- In this context, Gov Bowman - a Trump appointee in 2018, and with ample experience in banking - appears to be the most likely choice. She has advocated a lighter regulatory approach than her colleagues.
- Following Barr's resignation announcement, banking stocks are up 1.5%, while swap spreads - which had moved increasingly negative over Barr's term - moved wider in anticipation of less stringent regulations on banks' balance sheets (10Y swap +1.5bp to -48.3bp).
FED: US TSY 26W BILL AUCTION: HIGH 4.110%(ALLOT 86.16%)
Jan-06 16:32
- US TSY 26W BILL AUCTION: HIGH 4.110%(ALLOT 86.16%)
- US TSY 26W BILL AUCTION: DEALERS TAKE 21.55% OF COMPETITIVES
- US TSY 26W BILL AUCTION: DIRECTS TAKE 7.98% OF COMPETITIVES
- US TSY 26W BILL AUCTION: INDIRECTS TAKE 70.47% OF COMPETITIVES
- US TSY 26W BILL AUCTION: BID/CVR 3.20
