US producer prices are the marquee release, but the UK opens the day with a growth check. Here is the next 24 hours in chronological order, times in UTC.
United Kingdom (06:00 UTC)
GDP m/m is the high-impact print for the pound. The forecast is 0.0%, cooling from the previous 0.1% β a stall in monthly output.
Alongside it, Prelim GDP q/q lands at the same time. The medium-impact quarterly reading is seen at 0.4%, down from 0.6% previously, pointing to a slower pace of expansion.
Both hit at once, so GBP faces a combined growth signal at the London open.
United States (12:30 UTC)
The day’s highest-impact cluster arrives together at 12:30. Core PPI m/m, which strips out food and energy, is forecast at 0.3% versus 0.2% prior β a modest acceleration in underlying producer costs.
Headline PPI m/m is expected at 0.2%, a sharp turn from the previous -0.3%. That swing from outright decline back to positive territory is the number that carries the most weight for the dollar.
Unemployment Claims, medium impact, print in the same slot. The forecast is 202K against 199K last week, a marginal uptick in the labour data.
With three USD releases stacked at 12:30, the dollar gets its busiest window of the session in a single burst.
Australia (23:30 UTC)
The day closes with RBA Gov Bullock Speaks, a medium-impact event for the Australian dollar. There is no forecast or previous figure to frame it β the focus is on tone and any commentary that lands.
What to watch
The 12:30 UTC US block is the session’s dense point, with PPI, Core PPI and claims all reporting at once. UK GDP sets the early tone for sterling, and Bullock rounds out the calendar late for the Aussie.
