Let’s take a look at the FXTS Weekly Market Preview for the upcoming week of 19th-23rd May 2025. Discover the key events of the week ahead, including economic data releases and the quarterly reports of publicly listed companies.
Introducing our latest Weekly Market Preview, which breaks down the most important economic releases and company earnings reports of the week ahead. Created by market experts and designed with traders in mind, this overview features the most up-to-date market developments expected over the coming days. Keep reading on to get the full details.
Economic Highlights
Across North America, most of the attention will be on Canada’s upcoming inflation and retail sales figures. The results will be interesting, particularly after recent PMI data indicated declining average selling prices for the first time since the beginning of 2021. This points to an environment of easing inflationary pressures, despite an ongoing rise in input costs. In the US, new and existing home sales data are scheduled, while in Mexico, Q1 GDP figures should offer key insights into the country’s latest economic performance.
Over in Europe, inflation is the highlight of the week, as both the UK and eurozone publish the numbers for April. The UK’s data release will be closely followed by market watchers, after PMI reports showed a steep rise in selling prices. Manufacturing costs soared, with firms reported rising costs linked to wage and tax changes. Elsewhere in the UK, retail sales are also due, with the data expected to show muted results as consumer confidence remains under pressure.
As for the Asia-Pacific region, the Reserve Bank of Australia (RBA) and Bank Indonesia (BI) both meet this week. Market consensus points towards a lowering of lower interest rates from the RBA, amid concerns over the broader impact of rising global tariffs. In China, key industrial production and retail sales figures for April are highly anticipated, in the wake of the US-China agreement brokered last Monday. Meanwhile, Japan updates both its inflation data, trade figures and machinery orders, while Thailand publishes its Q1 GDP numbers.
Monday 19th May
Earnings
- Trip.com Group Limited (TCOM) – Q1 2025
- Ryanair Holdings plc (RYAAY) – Q4 2025
Releases
- China (Mainland) (Fixed Asset Investment, April)
- China (Mainland) (Industrial Production, April)
- China (Mainland) (Retail Sales, April)
- China (Mainland) (Unemployment, April)
- Eurozone (Inflation, April final)
- Spain (Balance of Trade, March)
- Thailand (GDP, Q1)
- United Kingdom (Consumer Sentiment Index, April)
Tuesday 20th May
Earnings
- The Home Depot, Inc. (HD) – Q1 2025
- Palo Alto Networks, Inc. (PANW) – Q2 2025
Releases
- Australia (RBA Interest Rate Decision)
- Canada (Inflation, April)
- China (Mainland) (Loan Prime Rate, May)
- Eurozone (Consumer Confidence, May flash)
- Germany (PPI, April)
- Malaysia (Trade, April)
- Taiwan (Export Orders, April)
Wednesday 21st May
Earnings
- The TJX Companies, Inc. (TJX) – Q1 2026
- Full Truck Alliance Co. Ltd. (YMM) – Q1 2025
- Lowe’s Companies, Inc. (LOW) – Q1 2025
- Medtronic plc (MDT) – Q4 2025
- Target Corporation (TGT) – Q1 2025
- Baidu, Inc. (BIDU) – Q1 2025
- Zoom Communications, Inc. (ZM) – Q1 2026
Releases
- Australia (Westpac Consumer Confidence, May)
- Canada (New Housing Price Index, April)
- Indonesia (BI Interest Rate Decision, May)
- Japan (Trade, April)
- South Africa (Inflation, April)
- United Kingdom (Inflation, April)
Thursday 22nd May
Earnings
- Intuit, Inc. (INTU) – Q4 2025
- The Toronto Dominion Bank (TD) – Q2 2025
- Analog Devices, Inc. (ADI) – Q2 2025
- Workday, Inc. (WDAY) – Q1 2026
Releases
- Germany (Ifo Business Climate, May)
- Hong Kong SAR (Inflation, April)
- Japan (Machinery Orders, March)
- Malaysia (Inflation, April)
- Mexico (GDP, Q1 final)
- United States (Chicago Fed National Activity Index, April)
- United States (Existing Home Sales, April)
Friday 23rd May
Earnings
- No noteworthy releases
Releases
- Canada (Retail Sales, March final)
- Germany (GDP, Q1 final)
- Japan (Inflation, April)
- Mexico (Balance of Trade, April)
- Singapore (Inflation, April)
- Taiwan (Industrial Production, April)
- United Kingdom (Retail Sales, April)
- United States (New Home Sales, April)
Don’t forget to bookmark FXTrustScore.com in order to access the latest edition of our Weekly Market Preview every Monday morning. In the meantime, visit our Economic Calendar for a detailed breakdown of the week’s scheduled economic releases.
