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Thursday 30 April 2026
Economic Calendar This Week: Market-Moving Events 25-30 August 2025
Financial markets are poised for a pivotal week as investors navigate critical economic data releases and corporate earnings that could significantly impact trading sentiment. The week of 25-30 August 2025 presents several market-moving events, with particular focus on Nvidia's highly anticipated quarterly earnings results, crucial U.S. inflation data, and monetary policy developments across major economies. This preview examines the key events that traders and investors should monitor throughout the week.
TL;DR
Wednesday 27 August: Nvidia reports Q2 fiscal 2025 results with expectations of $45.9 billion revenue
Thursday 28 August: Central bank meetings in South Korea (BoK) and the Philippines (BSP)
Friday 29 August: U.S. Core PCE inflation data release - Federal Reserve's preferred inflation gauge
Throughout the week: GDP updates for the U.S., Canada, India, France, and Italy
Market focus: Federal Reserve rate cut expectations for September meeting following Powell's Jackson Hole speech
Major Economic Events and Data Releases
Monday 25 August
The week commences with Germany's Ifo Business Climate Index for August, providing insights into European business sentiment. According to S&P Global's economic preview, early flash PMI data showed slight cooling of business optimism amongst German companies, though manufacturing appears to be recovering from its post-pandemic decline.
The United States will release the Chicago Fed National Activity Index for July and the Dallas Fed Manufacturing Index for August, offering regional perspectives on economic activity.
Tuesday 26 August
Australia releases the Reserve Bank of Australia (RBA) meeting minutes from August, which will provide detailed insights into the central bank's monetary policy considerations. Singapore and Taiwan will publish industrial production data for July, while Hong Kong will release trade figures.
Key U.S. data includes July durable Goods Orders, the June S&P/ S&P/Case-Shiller Home Price Index, and August consumer Confidence figures. Consumer confidence data will be particularly important given the Federal Reserve's increased focus on labour market conditions.
Wednesday 27 August - Nvidia Earnings Day
The week's most significant corporate event occurs on Wednesday with Nvidia's Q2 fiscal 2025 earnings report. Analysts expect revenue of $45.9 billion, representing a 48% increase in earnings per share. As Reuters reports, Nvidia's results serve as "a crucial test for the scorching AI trade" given the company's dominant position in artificial intelligence infrastructure.
The semiconductor giant's performance has significant implications for broader technology markets, with Nvidia maintaining nearly 8% weight in the S&P 500 index. Recent concerns about AI investment returns and cautionary industry developments have increased scrutiny on the company's quarterly performance.
Additional releases on Wednesday include South Korea's Business Confidence Index, Australia's Monthly CPI Indicator for July, and China's Industrial Profits data for July. (Source: Reuters)
More Earnings to Keep in Mind
Besides Nvidia’s report, this week features earnings from the following big names:
Wednesday, 27 August:
Thursday, 28 August:
Friday, 29 August:
Thursday 28 August - Central Bank Meetings
Two significant central bank meetings occur on Thursday. South Korea's Bank of Korea (BoK) will announce its interest rate decision, whilst the Philippines' Bangko Sentral ng Pilipinas (BSP) will also meet to determine monetary policy direction.
Economic data releases include Switzerland's final Q2 GDP figures, Eurozone Economic Sentiment for August, India's Industrial Production data for July, and Canada's Current Account balance for Q2.
The United States will publish its second estimate of Q2 GDP growth, following an initial reading of 3.0% annualised growth, alongside pending home sales data for July. (Source: SPGlobal)
Friday 29 August - Critical Inflation Data
Friday represents the week's most crucial day for monetary policy implications with the release of the U.S. Core Personal Consumption Expenditures (PCE) price index for July. This data serves as the Federal Reserve's preferred inflation gauge and will significantly influence expectations for the September Federal Open Market Committee meeting.
Following Federal Reserve Chair Jerome Powell's Jackson Hole speech, markets are pricing in a 70% probability of a rate cut in September. The PCE data will be critical in validating or challenging these expectations. (Source: Morningstar)
Other significant Friday releases include:
Japan: Industrial Production, Retail Sales, and Unemployment Rate for July, plus Consumer Confidence for August
Germany: Retail Sales for July and preliminary inflation data for August
France: Preliminary inflation figures and final Q2 GDP
Spain: Preliminary August inflation data
Italy: Final Q2 GDP and preliminary August inflation
India: Q2 GDP figures
Canada: Q2 GDP data
Regional Economic Outlook
United States
The U.S. faces a critical juncture regarding monetary policy direction. S&P Global's analysis indicates that recent tariff-related price increases have contributed to inflationary pressures, with average prices charged for goods and services rising at the steepest rate in three years, according to August flash PMI surveys.
Europe
European markets will focus on inflation updates from major economies. The latest HCOB Flash Eurozone PMI data suggests muted inflation expectations in the coming months, supporting potential European Central Bank policy adjustments.
Asia-Pacific
The region presents a busy economic calendar with significant data releases from Australia, Japan, India, and China. China's National Bureau of Statistics PMI data, due over the weekend, will provide crucial insights into the world's second-largest economy.
Federal Reserve Policy Implications
The week's data releases carry substantial implications for Federal Reserve monetary policy. Following Powell's Jackson Hole address, which cleared a path for potential rate cuts, Friday's PCE inflation data becomes paramount for validating market expectations of a September rate reduction.
Key considerations include whether retailers will absorb tariff-related cost increases through compressed margins or pass them through to consumers, and whether these impacts represent temporary price level adjustments or more persistent inflationary pressures.
Conclusion
The week of 25-30 August 2025 presents a confluence of critical economic events that could significantly influence financial market direction. Nvidia's earnings results will test investor confidence in the artificial intelligence sector, whilst U.S. inflation data will prove crucial for Federal Reserve policy expectations. Central bank meetings in Asia and comprehensive economic data releases across major economies will provide additional market catalysts.
Traders should prepare for heightened volatility, particularly around Wednesday's Nvidia results and Friday's PCE inflation release. The interplay between corporate earnings performance, inflation trends, and monetary policy expectations will likely determine market sentiment heading into September's Federal Reserve meeting (on 16-17 September).
*Past performance does not reflect future results. The above are only projections and should not be taken as advice.
FAQs
What time will Nvidia announce its Q2 results on Wednesday?
Nvidia typically releases earnings after the U.S. market close on Wednesday, though specific timing should be confirmed through official company communications.
How significant is the PCE inflation data for Federal Reserve policy?
The PCE price index is the Federal Reserve's preferred inflation measure. Given the current market pricing of a 70% probability of the central bank proceeding with expected rate cuts in September, it will be crucial to determine whether the central bank proceeds with them.
Which other major technology companies report earnings this week?
Based on available information, Nvidia appears to be the primary major technology earnings release for this specific week, making its results particularly significant for sector performance.
What GDP growth rate is expected for the U.S. second estimate?
The initial Q2 GDP reading showed 3.0% annualised growth, and the second estimate will provide revised figures based on more complete data.
How might the week's events affect currency markets?
U.S. dollar movements will likely depend heavily on PCE inflation data and its implications for Federal Reserve policy, whilst other currencies may respond to their respective economic data releases and central bank actions.
