Cov xwm txheej yuav los tom ntej 21 Lub Yim Hli 2025

Sijhawm (GMT+0/UTC+0)	State	tseem ceeb	Event	Forecast	Previous
00:00		2 points	Jackson Qhov Symposium	----	----
00:30		2 points	au Jibun Bank Services PMI (Aug)	----	53.6
08:00		2 points	HCOB Eurozone Manufacturing PMI (Aug)	49.5	49.8
08:00		2 points	HCOB Eurozone Composite PMI (Aug)	50.7	50.9
08:00		2 points	HCOB Eurozone Services PMI (Aug)	50.8	51.0
11:30		2 points	FOMC Tus Tswv Cuab Bostic Hais Lus	----	----
12:30		2 points	Txuas ntxiv cov ntawv thov tsis muaj haujlwm	1,960K	1,953K
12:30		3 points	Cov Ua Haujlwm Cov Neeg Ua Haujlwm Ua Ntej	226K	224K
12:30		3 points	Philadelphia Fed Manufacturing Index (Aug)	6.8	15.9
12:30		2 points	Philly Fed Kev Ua Haujlwm (Aug)	----	10.3
13:45		3 points	S&P Global Manufacturing PMI (Aug)	49.7	49.8
13:45		2 points	S&P Global Composite PMI (Aug)	----	55.1
13:45		3 points	S&P Global Services PMI (Aug)	54.2	55.7
14:00		3 points	Kev Muag Khoom Hauv Tsev (Jul)	3.92M	3.93M
14:00		2 points	Kev Muag Khoom Hauv Tsev (MoM) (Jul)	----	-2.7%
14:00		2 points	US Leading Index (MoM) (Jul)	-0.1%	-0.3%
17:00		2 points	30-Xyoo TIPS Auction	----	2.403%
20:30		2 points	Fed's Balance Sheet	----	6,644B
23:30		2 points	National Core CPI (YoY) (Jul)	3.0%	3.3%
23:30		2 points	National CPI (MoM) (Jul)	----	0.1%

Summary of Upcoming Economic Events on Lub yim hli ntuj 21, 2025

Ntiaj teb no – Central Bank Signals

Jackson Hole Symposium – 00:00 UTC

• Qhov cuam tshuam: cov qhov tseem ceeb tshaj plaws thoob ntiaj teb macro xwm txheej ntawm lub lim tiam. Central bankers, suav nrog Fed, ECB, thiab BoJ, feem ntau siv Jackson Hole los qhia txog txoj cai mus sij hawm ntev. Ib qho kev tawm tswv yim Fed yuav cuam tshuam rau USD, cov txiaj ntsig, thiab cov khoom lag luam thoob ntiaj teb.

Asia - Nyiv

au Jibun Bank Services PMI (Aug) – 00:30 UTC

• Ua ntej: 53.6
• Qhov cuam tshuam: Kev ruaj ntseg siab tshaj 50 qhia tau hais tias nthuav dav hauv Nyiv cov kev pabcuam. Kev poob qis yuav hnyav rau JPY-sensitive equities.

Nyiv National Core CPI (YoY, Lub Xya Hli) - 23:30 UTC

• Huab cua: 3.0% (Prev. 3.3%)
• Qhov cuam tshuam: Tseem elevated tab sis qhia disinflation. Kev poob qis dua tuaj yeem ua rau BoJ ncua kev nruj, ua rau JPY tsis muaj zog.

Nyiv National CPI (MoM, Jul) – 23:30 UTC

• Ua ntej: + 0.1%
• Qhov cuam tshuam: Kev ruaj ntseg nyiaj txiag txhua hli yuav raug saib; Kev luam ntawv siab dua yuav nce BoJ hawkish siab.

Teb chaws Europe - PMI Saib

Eurozone Manufacturing PMI (Aug) – 08:00 UTC

• Huab cua: 49.5 (Prev. 49.8)
• Qhov cuam tshuam: Tseem nyob rau hauv contraction; tsis muaj zog cov ntaub ntawv pressures EUR.

Eurozone Composite PMI (Aug) – 08:00 UTC

• Huab cua: 50.7 (Prev. 50.9)
• Qhov cuam tshuam: Tsuas yog tshaj 50; ib qho kev pheej hmoo poob rov ntxiv kev txhawj xeeb txog kev loj hlob.

Eurozone Services PMI (Aug) – 08:00 UTC

• Huab cua: 50.8 (Prev. 51.0)
• Qhov cuam tshuam: Kev poob qis yuav rub EUR thiab European kev ncaj ncees kev xav qis dua.

United States - Labor, Housing & Inflation Signals

FOMC Tus Tswv Cuab Bostic Hais Lus - 11:30 UTC

• Qhov cuam tshuam: Yuav saib ua ntej Fed views ua ntej Powell ntawm Jackson Hole.

Txuas ntxiv Cov Nyiaj Tsis Muaj Haujlwm - 12:30 UTC

• Huab cua: 1.960M (Prev. 1.953M)
• Qhov cuam tshuam: Cov ntawv thov tsis tu ncua qhia tias tsis muaj kev hloov pauv kev ua lag luam loj.

Kev thov nyiaj tsis ua hauj lwm pib - 12:30 UTC

• Huab cua: 226K (Prev. 224K)
• Qhov cuam tshuam: Kev nce me ntsis tseem ua raws li kev ua lag luam ruaj khov.

Philadelphia Fed Manufacturing Index (Aug) – 12:30 UTC

• Huab cua: 6.8 (Prev. 15.9)
• Qhov cuam tshuam: Cov kev xav tsis muaj zog taw qhia rau kev ua kom txias hauv cheeb tsam.

Philly Fed Kev Ua Haujlwm (Lub Yim Hli) - 12:30 UTC

• Ua ntej: 10.3
• Qhov cuam tshuam: Poob yuav qhia kom qeeb zog thov.

S&P Global Manufacturing PMI (Aug) – 13:45 UTC

• Huab cua: 49.7 (Prev. 49.8)
• Qhov cuam tshuam: Tseem contractionary, txhawb kev lag luam qeeb qeeb hauv Asmeskas.

S&P Global Services PMI (Aug) – 13:45 UTC

• Huab cua: 54.2 (Prev. 55.7)
• Qhov cuam tshuam: Tseem muaj zog tab sis decelerating; kev lag luam saib rau cov cim qhia ntawm kev pabcuam-tsav qeeb.

Kev Muag Khoom Hauv Tsev (Jul) – 14:00 UTC

• Huab cua: 3.92M (Prev. 3.93M)
• Qhov cuam tshuam: Kev muag vaj tse qis dua paub meej tias qhov xav tau txias.

US Leading Index (MoM, Jul) – 14:00 UTC

• Huab cua: -0.1% (Prev. -0.3%)
• Qhov cuam tshuam: Qhia tias kev lag luam kev lag luam tsis muaj zog tab sis qeeb qeeb.

30-Xyoo TIPS Auction - 17:00 UTC

• Ua ntej: 2.403%
• Qhov cuam tshuam: Kev thov tsis muaj zog tuaj yeem thawb cov txiaj ntsig siab dua, cuam tshuam rau USD thiab cov peev txheej.

Fed's Balance Sheet - 20:30 UTC

• Ua ntej: $ 6.644T
• Qhov cuam tshuam: Stability los yog contraction cuam tshuam rau liquidity tej yam kev mob.

Kev Tshawb Fawb Txog Kev Ua Lag Luam

• Asia: Nyiv kev nce nqi yuav yooj yim ntxiv, softening JPY, tab sis Jackson Hole dominates pheej hmoo.
• Teb chaws Europe: PMI tshaj tawm yuav qhia tau tias txuas ntxiv stagnation, ua kom EUR nyob rau hauv siab tshwj tsis yog cov kev pabcuam ua rau siab dua.
• US: Cov ntaub ntawv tsis muaj haujlwm, PMIs, vaj tse, thiab Philly Fed cov ntaub ntawv teeb tsa luv-term economic tone, tab sis Jackson Hole tawm tswv yim overshadows tag nrho. Cia siab tias muaj kev hloov pauv hauv USD, Nyiaj Txiag, thiab cov khoom vaj khoom tsev.

Zuag qhia tag nrho Impact Score: 9/10

• Cov Tsav Tsheb Tseem Ceeb: Jackson Hole, Asmeskas cov neeg thov nyiaj tsis ua haujlwm & PMIs, Eurozone PMIs, Nyiv CPI.
• Kev cia siab Volatility: Siab heev hauv USD thiab EUR; nce hauv JPY thiab kev ncaj ncees.