Publication date: July 25, 2025

The week ahead: Full agenda with Inflation figures, interest rate decision and labor figures US

In Money Care's weekend report, we present the overview of the (macro-economic) events that could cause movement in stock markets.

Review of last week:

As expected, the ECB kept interest rates unchanged. Short-term interest rates in the EU remain at 2.15% and deposit rates at 2%. The 30% import tax for the EU announced by President Trump appears to be reduced to 15%. This gave the stock market a short-lived rebound.

Over the past week, it was not macroeconomic news but corporate news that caused swell in equity markets. In the AEX, heavyweight Tech companies in particular had a difficult week causing the index to move slightly lower.


Upcoming week:

In the coming week several important macroeconomic figures will be published which should make us expect considerable movement in the equity markets.

Wednesday evening 20.00 hours the FED comes with its interest rate decision in the U.S.. It is expected that the FED will leave the interest rate unchanged at 4.5%. Of interest are Chairman Powell's statements during the press conference starting at 8:30 p.m. President Trump wants to cut interest rates sharply as soon as possible in order to quickly boost the economy. For now, the Fed will not be rushed and is pursuing its long-term interest rate policy. It could be interesting what Powell has to say about this situation in the press conference.

Thursday 2:30 p.m. Personal consumption expenditures (PCE) in the US. This is an important gauge of the development of inflation in the US. Inflation has risen slightly recently and should remain under control.

Friday 14.30 the monthly labor figures from the US. It is very important for the Fed and for the Trump administration that the labor market continues to develop healthily. A steady growth in the number of new jobs at reasonable hourly wages. That way the economy grows at the right pace and the FED can start deciding to cut interest rates again. An increase of 147,000 jobs is expected for July with a 0.2% increase in hourly earnings. This is similar to June.

Then on Friday, August 1, the deadline set by the US for a trade deal with the US expires. For the EU, an agreement must be reached by this date or the announced 30% import tariff will go into effect from this date.

The stock market calendar week 31

Herewith the most important macroeconomic data for the coming week. The data may cause additional movement in the financial markets.

Monday, July 28, 2025:

No major macro-economic data.

Tuesday, July 29, 2025:

• 16.00 Consumer confidence July

Wednesday, July 30, 2025:

• 20.00 Interest rate decision
• 20.30 Fed press conference

Thursday, July 31, 2025:

United States:

• 14.30 Core PCE Price Index July

EU:

• 14.00 CPI Germany

Friday, August 1, 2025:

United States:

• 14.30 Monthly labor figures July
• 15.45 Manufacturing Purchasing Managers Index (PMI) July
  

EU:

• 14.15 CPI EU

Please note that dates and times of these events may change. For the most up-to-date information, it is advisable to consult the official communication channels of the relevant organizations and authorities.

Disclaimer: Investinginvolves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.