... emerging market currencies. U.S. unemployment data and EU consumer confidence may indicate economic momentum. Friday, November 22 Preliminary PMI Data for November: Covering manufacturing and services activity in Australia, Japan, India, Germany, the eurozone, the UK, and the U.S. Australia — 01:00 MSK Japan — 02:30 MSK India — 08:00 MSK Germany — 11:30 MSK Eurozone — 12:00 MSK UK — 12:30 MSK U.S. — 17:45 MSK Key Economic Data: Germany Q3 GDP — 10:00 MSK: Indicator of eurozone’s ...

... in the USA, Europe, Asia, and Russia. The Friday session of the concluding week of August carries several key events for global markets. In the morning, the preliminary estimate of Germany's GDP for Q2 2025 will be released - a vital barometer of the Eurozone's economic condition. Prior to this, fresh inflation figures from Japan will be disclosed overnight, providing insights into how decisively the Bank of Japan may change its ultra-loose monetary policy. However, the main highlight of the day will ...

... the anticipated shift in policy. Europe: Germany's Economy in Recession In Europe, more concerning news dominates. Preliminary data shows that Germany's GDP contracted in the second quarter of 2025, re-entering a downturn in the largest economy of the Eurozone. After modest growth in the first quarter, German GDP has returned to negative territory, effectively putting the country on the brink of recession. The decline is attributed to a decrease in industrial production and export demand, particularly ...

... fully compensated by an increase in generation from wind, solar, nuclear, and hydropower plants. Finally, gas savings in energy-intensive industrial sectors will also have an effect. One sign of this savings is the PMI Manufacturing index for the eurozone, which has remained below the 50-point mark (the boundary of recession in manufacturing industries) since July 2022. In July 2024, the PMI Manufacturing index for the eurozone stood at 45.8 points. Not surprisingly, total gas imports to the EU ...

... analysts have released their "2025 International Economic Outlook," in which they reveal key forecasts: from the impact of new U.S. tariff policies to a stronger dollar and the outlook for the world's largest economies, including China, the Eurozone, and India. Find out how these changes will affect global trade, currency markets, and investment strategies. Forecast of the International Economy for 2025 Based on the "2025 International Economic Outlook" Report by Wells Fargo ...