Weekly Economic Events & Data Releases: Feb 10 – 14, 2025🔮
🌍 Market-Moving News:
Monday, Feb 10: 🇨🇳📈 China's Retaliatory Tariffs – In response to the U.S. imposing a 10% tariff on Chinese imports effective Feb 4, China has enacted tariffs of 15% on U.S. coal and liquefied natural gas, and 10% on crude oil and agricultural machinery, effective today.
Tuesday, Feb 11 & Wednesday, Feb 12: 🇺🇸🏛️ Fed Chair Powell Testifies – Insights into economic outlook and monetary policy.
📊 Key Data Releases:
Wednesday, Feb 12:
🏢 Consumer Price Index (CPI): Forecast: +0.3% MoM; Previous: +0.2% MoM.
💵 Real Earnings: Forecast: -0.1% MoM; Previous: -0.1% MoM.
Thursday, Feb 13:
🏭 Producer Price Index (PPI): Forecast: +0.3% MoM; Previous: +0.2% MoM.
📉 Initial Jobless Claims: Forecast: 219K; Previous: 219K.
Friday, Feb 14:
🛍️ Retail Sales: Forecast: -0.1% MoM; Previous: +0.4% MoM.
🌐 Import Price Index: Forecast: +0.5% MoM; Previous: +0.1% MoM.
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