The December 22-28 week features a lighter economic calendar as year-end holidays approach. However, the limited releases scheduled during this period still carry market-moving potential. Key releases include the UK GDP, US GDP annualised, and Tokyo Consumer Price Index.
Whether you're trading the US dollar, British Pound, or Japanese Yen, understanding these events and their potential market implications will be essential for navigating what promises to be a data-intensive week.
Monday, December 22nd, 2025
Gross Domestic Product (QoQ) (Q3)
Mon, Dec 22nd, 2025 at 07:00 GMT
Currency: GBP
The Gross Domestic Product (GDP), released monthly and quarterly by the Office for National Statistics, is a measure of the total value of all goods and services produced in the UK during a given period. The GDP is considered as the main measure of UK economic activity. The QoQ reading compares economic activity in the reference quarter to the previous quarter. A rise in this indicator could be bullish for the Pound Sterling (GBP), while a low reading could be seen as bearish.
Gross Domestic Product (YoY) (Q3)
Mon, Dec 22nd, 2025 at 07:00 GMT
Currency: GBP
Released monthly and quarterly by the Office for National Statistics, the Gross Domestic Product (GDP) is a measure of the total value of all goods and services produced in the UK during a given period. The GDP is considered as the main measure of UK economic activity. The YoY reading compares economic activity in the reference quarter compared with the same quarter a year earlier. A rise in this indicator could be bullish for the Pound Sterling (GBP), while a low reading could be seen as bearish.
Tuesday, December 23rd,2025
RBA Meeting Minutes
Tue, Dec 23rd, 2025 at 00:30
Currency: AUD
The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. If the RBA is hawkish about the inflationary outlook for the economy, then the markets could see a higher possibility of a rate increase, and that could be positive for the AUD.
Gross Domestic Product Annualised (Q3)
Tue, Dec 23rd, 2025 at13:30
Currency: USD
The real Gross Domestic Product (GDP) Annualised, released quarterly by the US Bureau of Economic Analysis, measures the value of the final goods and services produced in the United States in each period. Changes in GDP are the most popular indicator of the nation’s overall economic health. The data is expressed at an annualised rate, which means that the rate has been adjusted to reflect the amount GDP would have changed over a year’s time, had it continued to grow at that specific rate. A high reading could be seen as bullish for the US Dollar (USD), while a low reading could be seen as bearish.
Thursday, December 25th, 2025
BoJ Governor Ueda speech
Thu, Dec 25th, 2025
Currency: JPY
Kazuo Ueda became Governor of the Bank of Japan in April 2023, marking a shift from long-standing policy continuity. As the first academic economist to lead the BoJ in the post-war era, his appointment raised expectations of a more analytical and flexible approach to monetary policy, particularly regarding yield curve control and ultra-loose settings. Markets closely monitor Ueda’s guidance for signals of normalisation, as any move away from prolonged accommodation may have significant implications for the yen, Japanese bond yields, and global risk assets.
Tokyo Consumer Price Index (YoY) (Dec)
Thu, Dec 25th, 2025 at 23:30
Currency: JPY
The Tokyo Consumer Price Index (CPI), released monthly by the Statistics Bureau of Japan, measures the price fluctuation of goods and services purchased by households in the Tokyo region. The index is widely considered as a leading indicator of Japan’s overall CPI as it is published weeks before the nationwide reading. The YoY reading compares prices in the reference month to the same month a year earlier. A high reading could be seen as bullish for the Japanese Yen (JPY), while a low reading could be seen as bearish.
Tokyo CPI ex Food, Energy (YoY) (Dec)
Thu, Dec 25th, 2025 at 23:30
Currency: JPY
Released monthly by the Statistics Bureau of Japan, the Tokyo Consumer Price Index (CPI) measures the price fluctuation of goods and services purchased by households in the Tokyo region. The index is widely considered as a leading indicator of Japan’s overall CPI as it is published weeks before the nationwide reading. The gauge excluding food and energy is widely used to measure underlying inflation trends as these two components are more volatile. The YoY reading compares prices in the reference month to the same month a year earlier. A high reading could be seen as bullish for the Japanese Yen (JPY), while a low reading could be seen as bearish.
Staying on top of these key events and understanding their potential impact can help you anticipate market volatility and make more confident trading decisions.
For a full list of what’s ahead, check out our market calendar and stay prepared for the week’s opportunities.
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