The final week of July will be packed with market-moving events. Traders will be watching three major central bank rate decisions—the Federal Reserve, the Bank of England, and the Bank of Japan—along with key GDP and inflation releases. The highest volatility is expected on Wednesday and Thursday, so be prepared for significant market moves.
United States
2:30 p.m.: Dallas Fed Manufacturing Index (July) (Forecast: -1; Previous figure: 0)
United States
10:00 a.m.: OPEC Meeting
2:00 p.m.: CB Consumer Confidence (July) (Forecast: 91.2; Previous figure: 92.1)
Australia
1:30 a.m.: Consumer Price Index (CPI) (QoQ) (Q2) (Previous figure: 1.4%)
United States
2:30 p.m.: Crude Oil Inventories (Previous figure: 2.010M)
6:00 p.m.: 🔥 Fed Interest Rate Decision (Forecast: 3.75%; Previous figure: 3.75%)
6:00 p.m.: FOMC Statement
6:30 p.m.: FOMC Press Conference
Germany
8:00 a.m.: German GDP (QoQ) (Q2) (Forecast: 0.3%; Previous figure: 0.1%)
12:00 p.m.: German Consumer Price Index (CPI) (MoM) (July) (Forecast: -0.3%; Previous figure: 0.7%)
Eurozone
9:00 a.m.: Eurozone GDP (QoQ) (Q2) (Forecast: -0.2%; Previous figure: 0.2%)
United Kingdom
11:00 a.m.:🔥 Bank of England Interest Rate Decision (Forecast: 3.75%; Previous figure: 3.75%)
United States
12:30 p.m. Economic Data Release:
Core PCE Price Index (MoM) (June) (Forecast: 0.3%; Previous figure: 0.1%)
GDP (QoQ) (Q2) (Forecast: 2.1%; Previous figure: 2.3%)
Initial Jobless Claims (Forecast: 187K; Previous figure: 206K)
China
1:30 a.m.: Manufacturing PMI (July) (Forecast: 50.3; Previous figure: 49.9)
Japan
3:00 a.m.: 🔥 Bank of Japan Interest Rate Decision (Forecast: 1.00%; Previous figure: 1.00%)
Eurozone
9:00 a.m.: Consumer Price Index (CPI) (YoY) (July) (Forecast: 2.8%; Previous figure: 2.9%)
This week promises to be a true test of discipline and risk management. Central bank policy decisions from the US, UK, and Japan, together with GDP data, could trigger strong price moves across major currency pairs, gold, and stock indices.
This week’s main rule: Don't speculate on what the Fed or other central banks might say. Instead, wait for the news to be released, observe the market's reaction, and trade only after key levels have been confirmed.
Keep risk tightly under control on Thursday. With a heavy schedule of high-impact economic data, expect wider spreads and a higher likelihood of false breakouts.
🔥 Important reminder for traders: It's the final week of July, which means we are on the home stretch before the first draw in the Summer Heat Special!
Top up your account with an amount starting at $100, trade actively, and win the ‘Reboot’ trading course, a smartwatch, an iPhone, or a laptop! Jump in right now to wrap up July with us!
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