Economic Calendar Summary - July 14, 2025

Overview

The economic calendar for July 14, 2025, is relatively light, with a significant focus on trade and tariff negotiations between the United States and the European Union. This follows the announcement by former President Donald Trump regarding a 30% tariff on EU goods, which is set to take effect on August 1, 2025. This tariff was initially proposed at 20% and later adjusted to 50% before settling at the current rate.

Key Economic Indicators

Among the few economic reports scheduled for the day, the primary highlight is the Producer Price Index (PPI) data from Switzerland. The Swiss economy is currently facing deflationary pressures, compounded by a strong Swiss franc, which may negatively impact corporate earnings.

Today's Economic Calendar (BST)

• 07:30 – Switzerland: Inflation data for June
  • PPI (m/m): forecast +0.2%; previous: -0.5%
  • PPI (y/y): previous: -0.7%
• 11:00 – Eurozone: Eurogroup meeting
• 11:00 – China: M2 money supply for June
  • Forecast: +8.2% y/y; previous: +7.9% y/y
• 11:00 – China: New loans for June
  • Forecast: 1,960.0B; previous: 620.0B
• 11:00 – China: Total Social Financing for June
  • Forecast: 3,650.0B; previous: 2,290.0B
• 13:30 – Canada: Wholesale sales for May
  • Forecast: -0.4% m/m; previous: -2.3% m/m
• 14:00 – United Kingdom: Speech by BoE Governor Andrew Bailey

Market Sentiment

As the week progresses, market participants are advised to remain cautious due to ongoing uncertainties surrounding trade negotiations and economic data releases. The sentiment in the markets is influenced by these factors, with investors closely monitoring developments.