Key economic events this week

(July 21-25, 2025)

Monday - July 21

04:00 UTC - Benchmark lending rate of the People's Bank of China (July)

1-year: 3.50%

5-year: 3.00%

17:00 UTC - Leading index in the US (month, June)

Expected: -0.1% | Previous: -0.1%

Tuesday - July 22

16:30 UTC - Speech by Fed Chair Powell

20:00 UTC - Speech by FOMC member Bowman

23:30 UTC - Weekly report on US crude oil inventories API

Previous: 19.1 million.

Wednesday - July 23

17:00 UTC - Sales of existing homes in the US (June)

Expected: 4.00 million | Previous: 4.03 million

17:00 UTC - Monthly sales of existing homes in the US

Previous: +0.8%

17:30 UTC - US crude oil inventories as estimated by EIA

Expected: -3.859 million

17:30 UTC - Crude oil inventories in Cushing, Oklahoma, USA

Expected: +0.213 million

20:00 UTC - Auction of 20-year US bonds

Previous yield: 4.942%

🗓 Additional events this week

(July 24-25, 2025)

Thursday - July 24

1-week REPO: Expected: 43.50% | Previous: 46.00%

Overnight lending rate: Expected: 43.50% | Previous: 44.50%

Overnight lending rate: Expected: 49.00%

15:30 UTC - Building permits in the US (June)

Expected: 1.390 million | Previous: 1.394 million

15:30 UTC - Initial and continuing claims for unemployment benefits in the US

Previous: 221 thousand | 1.956 million

16:45 UTC - Global index of asset managers (S&P) USA (services sector and composite sector, July)

Expected: 52.9

17:00 UTC - New home sales in the US (June)

Expected: 650 thousand | Previous: 623 thousand | Month: -13.7%

20:00 UTC - Auction of 10-year US TIPS bonds

Previous yield: 2.220%

23:30 UTC - Balance of the US Federal Reserve

Previous: $6.659 thousand.

Friday - July 25

15:30 UTC - Orders for durable goods in the US (June)

Expected: -0.2% | Previous: +0.5%

15:30 UTC - Durable goods orders in the US (June)

Expected: -11.0% | Previous: +16.4%

18:30 UTC - US GDP Fed (forecast for Q2)

Expected: +2.4%

20:00 UTC - Baker Hughes rig count in the US

22:30 UTC - CFTC positioning report in the US

Crude oil: 162.4 thousand | Gold: 213.1 thousand.

Nasdaq: 34.9 thousand | S&P 500: -167.8 thousand

Weekly summary report:

This week brings a busy data calendar. In the US, watch for housing data, durable goods orders, and Powell's speech for clues on growth.