Upcoming Events

Institutions:

1. Bank of Italy – Italy's Housing Market Survey (Monday, August 4 to Monday, August 11, 2025)
2. Bank of Japan (BOJ) – Release of the Minutes from the June 16–17, 2025 Monetary Policy Meeting
3. France – Public Finance Balance Update
4. European Central Bank (ECB) – 3:00 PM: Release of the Eurosystem Financial Conditions Report

Corporates:

1. Banca MPS – Board Meeting: H1 2025 Financial Report
2. Banca Popolare di Sondrio – Earnings Call at 4:00 PM for H1 2025 Results
3. Speakers: Mario Alberto Pedranzini, CEO and GM; Massimo Perona, CFO
4. Banco di Desio e della Brianza – Board Meeting: Approval of H1 2025 Financial Report (as of June 30)
5. Bayer – Quarterly Earnings Release
6. BFF Bank – Conference Call: H1 2025 Financial Results Presentation
7. BPER Banca – Board Meeting: Consolidated H1 2025 Financial Report Approval
8. Buzzi – Board Meeting: H1 Report
9. Caterpillar – Quarterly Earnings Release
10. Credem – Board Meeting: H1 2025 Financial Report Approval (as of June 30)
11. Datalogic – Board Meeting: H1 2025 Financial Report Approval (as of June 30)
12. Ediliziacrobatica – Board Meeting: H1 Report
13. Fine Foods & Pharmaceuticals NTM – Board Meeting: H1 Report
14. FOX – Quarterly Earnings Release
15. Gefran – Board Meeting: H1 2025 Financial Report Approval (as of June 30)
16. IGD – Conference Call: H1 2025 Financial Results Presentation – Board Meeting for Report Approval
17. Il Sole 24 ORE – Board Meeting: H1 Report
18. Marriott International – Quarterly Earnings Release
19. Pfizer – Quarterly Earnings Release
20. Telecom Italia – Board Meeting: H1 Report
21. Yum! Brands – Quarterly Earnings Release

Macroeconomic Data Releases – Tuesday, August 5, 2025

1. 2:45 AM – China: Caixin Services PMI (Forecast: 50.4; Previous: 50.6)
2. 8:45 AM – France: Monthly Industrial Production (Forecast: +0.8%; Previous: -0.5%)
3. 9:00 AM – Spain: Annual Industrial Production (Previous: +1.7%)
4. 10:00 AM – EU: Composite PMI (Forecast: 51.0; Previous: 50.6)
5. 10:00 AM – EU: Services PMI (Forecast: 51.2; Previous: 50.5)
6. 11:00 AM – EU: Monthly Producer Prices (Forecast: +0.9%; Previous: -0.6%)
7. 11:00 AM – EU: Annual Producer Prices (Forecast: +0.5%; Previous: +0.3%)
8. 2:30 PM – US: Trade Balance (Forecast: -$62.6B; Previous: -$71.5B)
9. 3:45 PM – US: Services PMI (Forecast: 55.2; Previous: 52.9)
10. 3:45 PM – US: Composite PMI (Forecast: 54.6; Previous: 52.9)
11. 4:00 PM – US: ISM Non-Manufacturing Index (Forecast: 51.5; Previous: 50.8)