Quantwater Tech Investments
Key Economic Events: Week Of 24th March 2025
Release Date: 24th March 2025

24 March 2025

USD - Manufacturing PMI (Mar) P
Date: 24-Mar-25, Mon, 19:15 IST Currency: USD Importance: 3 Previous: 52.70 Notes: The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by manufacturing firms throughout the country. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge. While manufacturing accounts for a far smaller percentage of economic output than services, it is far more cyclical and is therefore a useful indicator of where in the economic cycle the economy is currently situated. A reading that is stronger than forecast is generally supportive (bullish) for the USD while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD
USD - Services PMI (Mar) P
Date: 24-Mar-25, Mon, 19:15 IST Currency: USD Importance: 3 Previous: 51.00 Notes: The Service PMI release is published monthly by Markit Economics. The data are based on surveys of over 400 executives in private sector service companies. The surveys cover transport and communication, financial intermediaries, business and personal services, computing & IT, hotels and restaurants. An index level of 50 denotes no change since the previous month, while a level above 50 signals an improvement, and below 50 indicates a deterioration. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD

25 March 2025

USD - CB Consumer Confidence (Mar)
Date: 25-Mar-25, Tue, 19:30 IST Currency: USD Importance: 3 Previous: 98.30 Notes: Conference Board (CB) Consumer Confidence measures the level of confidence consumers have in the economy. When consumers are optimistic, they tend to spend more which increases consumption and overall economic growth. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD
USD - New Home Sales (Feb)
Date: 25-Mar-25, Tue, 19:30 IST Currency: USD Importance: 3 Previous: 657K Notes: New Home Sales measures the annualised number of new single-family homes that were sold during the prior month. When it's released ahead of Existing Home Sales, this report tends to have more impact because the two reports are highly correlated. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD

26 March 2025

GBP - CPI (YoY) (Feb)
Date: 26-Mar-25, Wed, 12:30 IST Currency: GBP Importance: 3 Previous: 3.00% Notes: The Consumer Price Index (CPI) measures the change in the prices of goods and services contained in a basket of consumer items. The Central bank pays very close attention to this figure in its role of maintaining price stability. A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally negative (bearish) for the GBP. Learn More: GBPJPY GBPUSD
GBP - Spring Forecast Statement
Date: 26-Mar-25, Wed, 15:30 IST Currency: GBP Importance: 3 Notes: The Spring Statement of the British Government, also known as the 'mini-budget', is one of the two statements HM Treasury makes each year to Parliament upon publication of economic forecasts. It usually involves speeches in the House of Commons by the Chancellor of the Exchequer. Learn More: GBPJPY GBPUSD
USD - Durable Goods Orders (MoM) (Feb) P
Date: 26-Mar-25, Wed, 18:00 IST Currency: USD Importance: 3 Previous: 3.20% Notes: Durable Goods Orders reports the change in the total value of new orders for long-lasting manufactured goods, including transportation items. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURJPY
Global - Crude Oil Inventories
Date: 26-Mar-25, Wed, 19:00 IST Currency: Global Importance: 3 Previous: 1.745M Notes: The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected. Learn More: USOILRoll

27 March 2025

USD - GDP (QoQ) (Q4)
Date: 27-Mar-25, Thu, 18:00 IST Currency: USD Importance: 3 Previous: 2.30% Notes: Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURJPY
USD - Initial Jobless Claims
Date: 27-Mar-25, Thu, 18:00 IST Currency: USD Importance: 3 Notes: Initial Jobless Claims measures the number of people who filed for unemployment insurance for the first time during the past week. This is the most timely U.S. economic data, but the market impact varies from week to week. A reading that is higher than forecast is generally negative (bearish) for the USD, while a lower than forecast reading is generally supportive (bullish) for the USD. Learn More: USDJPY EURUSD

28 March 2025

GBP - GDP (QoQ) (Q4)
Date: 28-Mar-25, Fri, 12:30 IST Currency: GBP Importance: 3 Previous: 0.10% Notes: Gross Domestic Product (GDP) gauges the inflation-adjusted value of all goods and services produced within the economy. It is the most comprehensive measure of economic activity and an important indicator of economic health. A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally negative (bearish) for the GBP. Learn More: GBPJPY GBPUSD
GBP - GDP (YoY) (Q4)
Date: 28-Mar-25, Fri, 12:30 IST Currency: GBP Importance: 3 Previous: 1.40% Notes: Gross Domestic Product (GDP) gauges the inflation-adjusted value of all goods and services produced within the economy. It is the most comprehensive measure of economic activity and an important indicator of economic health. A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally negative (bearish) for the GBP. Learn More: GBPJPY GBPUSD
USD - Core PCE Price Index (MoM) (Feb)
Date: 28-Mar-25, Fri, 18:00 IST Currency: USD Importance: 3 Previous: 0.30% Notes: The Core Personal Consumption Expenditure (PCE) Price Index measures the changes in the price of goods and services purchased by consumers for the purpose of consumption, excluding food and energy. Unlike the fixed-weight CPI, PCE is chain-weighted and thus adjusts to changing consumer behavior. Core PCE is the Fed's preferred inflation measure and thus receives greater attention. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. Learn More: USDJPY EURUSD
USD - Core PCE Price Index (YoY) (Feb)
Date: 28-Mar-25, Fri, 18:00 IST Currency: USD Importance: 3 Previous: 2.60% Notes: The Core PCE price Index is the less volatile measure of the PCE price index which excludes the more volatile and seasonal food and energy prices. The impact on the currency may go both ways; a rise in inflation may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in inflation may lead to a deepened recession and therefore a fall in local currency. Learn More: USDJPY EURUSD

07 May 2025

Fed Interest Rate Decision
Date: 07-May-25, Fri, 23:30 IST Currency: USD Importance: 3 Forecast: 4.33% Previous: 4.38% Notes: As per CME FedWatch Tool, the FFR is expected to be 4.33% on the Decision day Learn More: CME FedWatch Tool