The Week Ahead: Key Economic Events to Watch for November 10 – 14, 2025

This week’s calendar features several key economic indicators that could influence major currencies and commodities. Data from the UK, Australia, and the United States will offer fresh insights into labor market conditions, inflation trends, and overall economic growth. Traders will be closely watching updates on UK employment and GDP, Australia’s jobs data, and US releases including CPI, PPI, unemployment claims, and crude oil inventories—all of which may drive market volatility and shape short-term sentiment across global markets.

High Impact Economic Events

Tuesday 09:00 am (GMT+2) – UK: Claimant Count Change (GBP)

Thursday 02:30 am (GMT+2) – Australia: Employment Change (AUD)

Thursday 09:00 am (GMT+2) – UK: GDP m/m (GBP)

Thursday Tentative – USA: CPI m/m (USD)

Thursday Tentative – USA: Unemployment Claims (USD)

Thursday 19:00 (GMT+2) – USA: Crude Oil Inventories (USD)

Friday Tentative – USA: PPI m/m (USD)

Tuesday, November 11

09:00 am – UK: Claimant Count Change (GBP)

The Claimant Count Change indicates the number of individuals who began claiming unemployment benefits in a given month.

A rise in the claimant count signals a labor market downturn and might negatively impact GDP.

In October, UK unemployment rose slightly, with 1.74 million people aged 16 and over out of work, representing an unemployment rate of 4.8 percent—an increase of 0.2 percentage points from the previous quarter and higher than a year ago. The claimant count stood at 1.69 million, indicating a modest uptick in people seeking jobless benefits.

Analysts anticipate 20,300 individuals claiming unemployment benefits.

Thursday, November 13

02:30 am – Australia: Employment Change (AUD)

The Australia Employment Change tracks the monthly variation in the number of officially employed individuals in the country. An increase in employment indicates a stronger labor market and can positively influence the value of the Australian dollar.

In September 2025, Australia’s employment rose by 19,900 to 14.65 million. Full-time jobs increased by 9,600 and part-time by 10,300, with part-time work making up 31.1 percent of total employment. The employment-to-population ratio held steady at 64.0 percent.

Economists expect 20,300 jobs to be added.

09:00 am – UK: GDP m/m (GBP)

Gross Domestic Product (GDP) measures a country’s economic size and health over time, typically quarterly or annually. It can be calculated by totaling the value of goods and services produced, income earned, or spending. Household spending is the largest component, making up about two-thirds of GDP. Growth in GDP signals an expanding economy, but it doesn’t capture all aspects of economic well-being.

UK real GDP grew by 0.3% in the three months to August 2025, slightly up from 0.2% in the previous period. Monthly GDP rose by 0.1% in August, driven by a 0.4% rise in production, while services were flat and construction dipped 0.3%.

Analysts expect the upcoming figure to be flat.

Tentative – USA: CPI m/m (USD)

The Consumer Price Index (CPI) measures the change in prices paid by consumers for a basket of goods and services, reflecting spending patterns of urban consumers and wage earners. It includes indexes like CPI-U for all urban consumers and CPI-W for urban wage earners, covering over 90% of the US population. CPI tracks inflation by comparing current prices to a reference base period.

In September 2025, the US Consumer Price Index (CPI) rose 0.3 percent, following a 0.4 percent increase in August. Annual inflation stood at 3.0 percent. Higher gasoline prices, up 4.1 percent, drove most of the monthly gain, while food prices rose 0.2 percent. Core inflation, excluding food and energy, increased 0.2 percent, with notable rises in shelter, airline fares, and recreation.

Economists expect CPI to ease to 0.2 percent.

Tentative – USA: Unemployment Claims (USD)

Initial Jobless Claims show the number of people filing to receive unemployment insurance benefits for the first time over the past week.

The indicator is used to assess the state of the labor market. Since the weekly flow of data causes high volatility, the four-week average values are used most often for interpretation.

The indicator growth can have a negative effect on US dollar quotes.

Due to the US government shutdown, the most recent report was released on September 25.

19:00 – USA: Crude Oil Inventories (USD)

The Crude Oil Stocks Change Indicator is published weekly by the Energy Information Administration (EIA). It gauges the volume (barrels) of commercial crude oil held by US companies, influencing global oil prices. Increasing stocks signal reduced oil demand, potentially leading to a decline in oil barrel prices.

US refineries processed 15.3 million barrels of crude oil per day in the week ending October 31, 2025, operating at 86% capacity. Crude oil imports rose to 5.9 million barrels per day, while commercial crude inventories increased by 5.2 million barrels to 421.2 million, about 4% below the five-year average. Gasoline and distillate stocks fell, and overall fuel demand was slightly lower than a year ago.

Analysts expect crude oil inventories to increase by 0.87 million barrels.

Friday, November 14

Tentative – USA: PPI m/m (USD)

The Producer Price Index (PPI) measures the average change in prices received by producers for goods, services, and construction. The PPI covers a broad range of industries and is used alongside other economic indicators like the Consumer Price Index (CPI), which measures price changes from the buyer’s perspective. Growth in the index can have a positive effect on dollar quotes.

Due to the US government shutdown, the most recent report was released in August.

Company Earnings (November 10 – 14)

Wednesday, November 12: CSCO (Cisco Systems, Inc.)

Thursday, November 13: DIS (The Walt Disney Company)

Friday, November 14: BABA (Alibaba Group Holding Limited)

Conclusion

This week’s packed economic calendar is likely to bring fresh volatility across major markets. With key labor and inflation data due from the UK, Australia, and the US, traders will be watching closely for signals on global growth momentum and central bank policy direction. US CPI and PPI figures could shape expectations for the Federal Reserve’s next move, while UK GDP and jobs data will gauge the strength of Britain’s post-summer recovery. Meanwhile, updates on crude oil inventories may provide clues about demand trends and energy price stability. Overall, market sentiment will hinge on whether this week’s data reinforces hopes of a soft landing—or reignites fears of renewed economic slowdown.