🖐 Macro Watch | Nov 24 – 30, 2025

A data-heavy week with key U.S. inflation indicators, retail activity, and GDP updates, alongside major policy decisions from the RBNZ. Despite the Thanksgiving slowdown, several releases could still drive mid-week volatility.
Here are the most crypto-relevant macro events to watch this week:

🗓 Tuesday, November 25
🇩🇪 German GDP (QoQ - Q3) – 🕕 07:00
  💡 Consensus: 0.0% | Previous: 0.0%
🇺🇸 Core Retail Sales (MoM - Sep) – 🕕 13:30
  💡 Consensus: 0.7%
🇺🇸 PPI (MoM - Sep) – 🕕 13:30
  💡 Consensus: 0.3% | Previous: -0.1%
🇺🇸 Retail Sales (MoM - Sep) – 🕕 13:30
  💡 Consensus: 0.4% | Previous: 0.6%
🇺🇸 CB Consumer Confidence (Nov) – 🕕 15:00
  💡 Consensus: 93.4 | Previous: 94.6

🗓 Wednesday, November 26
🇬🇧 Autumn Forecast Statement – 🕕 10:00
🇺🇸 Durable Goods Orders (MoM - Sep) – 🕕 13:30
  💡 Consensus: 0.2% | Previous: 2.9%
🇺🇸 GDP (QoQ - Q3) – 🕕 13:30
  💡 Consensus: 3.8%
🇺🇸 Initial Jobless Claims – 🕕 13:30
  💡 Consensus: 220K
🇺🇸 Core PCE Price Index (MoM - Sep) – 🕕 15:00
  💡 Consensus: 0.2% | Previous: 0.2%
🇺🇸 Core PCE Price Index (YoY - Sep) – 🕕 15:00
  💡 Consensus: 2.9% | Previous: 2.9%
🇺🇸 New Home Sales (Sep) – 🕕 15:00
  💡 Consensus: 710K | Previous: 800K

🗓 Friday, November 28
🇩🇪 German CPI (MoM - Nov) – 🕕 13:00
  💡 Consensus: -0.2% | Previous: 0.3%
🇺🇸 Chicago PMI (Nov) – 🕕 14:45
  💡 Consensus: 43.8

🗓 Sunday, November 30
🇨🇳 Manufacturing PMI (Nov) – 🕕 01:30
  💡 Consensus: 49.0

🤔 Why it matters:
Mid-week U.S. data, especially GDP, PCE inflation, and jobless claims, will guide expectations on the Fed’s next steps. Retail numbers and PPI also provide clues on consumer strength and upstream inflation. German CPI and China's PMI close the week with signals on European and Asian economic momentum.

👀 Watch Wednesday’s U.S. PCE and GDP, they’re this week’s most influential market movers.

🔔 Mark your calendars. Markets are watching every word.

Find CoinEx:
🌐 Web | ✉️ Telegram | 🛜 Discord