A summary of the key macroeconomic events expected to influence financial markets during the upcoming week. Monitor central bank rate decisions, inflation reports, and speeches by policymakers for potential market-moving developments.
Germany:
● 06:00 a.m. GMT: Industrial Production (Month-over-Month) (May). Actual figure: +1.2% / Forecast: -0.6% / Previous: -1.6%. A robust increase in industrial output marks a potential rebound in economic activity, which may provide upward momentum for the euro.
Еврозона:
● 10:00 a.m. GMT: Eurogroup Meeting. Ministers of finance will discuss economic trends and fiscal coordination within the euro area.
Australia:
● 4:30 a.m. GMT: Interest Rate Decision (July). Forecast: 3.60% / Previous: 3.85%. A potential rate cut may pressure the Australian dollar, while a decision to hold could provide temporary relief.
Canada:
● 02:00 a.m. GMT: GMT: Ivey PMI (June). Forecast: 49.1 / Previous: 48.9. A reading below the 50 mark would suggest continued contraction in business activity, which may weigh on the Canadian dollar.
New Zealand:
● 02:00 a.m. GMT: Interest Rate Decision. Forecast / Previous: 3.25%. No change in rates is widely anticipated and may lend short-term support to the NZD.
United States:
● 02:30 p.m. GMT: Crude Oil Inventories. Previous: +3.845M. An increase may signal weaker demand and could exert downward pressure on oil prices.
● 06:00 p.m. GMT: FOMC Meeting Minutes. Investors will scrutinize the minutes for insights into the Federal Reserve’s forward guidance. Expect potential USD volatility.
Germany:
● 06:00 a.m. GMT: Consumer Price Index (Month-over-Month) (June). Forecast: 0.0% / Previous: 0.0%. A stagnant inflation print may reinforce a neutral stance from the ECB and limit euro appreciation.
United States:
● 12:30 p.m. GMT: Initial Jobless Claims. Forecast: 235K / Previous: 233K. A better-than-expected outcome would underscore labor market strength and likely support the U.S. dollar.
● 05:15 p.m. GMT: Fed Governor Waller Speaks. Remarks from Waller regarding monetary policy could influence USD direction.
● 06:30 p.m. GMT: FOMC member Daly speaks. Traders will closely monitor Daly’s tone for additional cues on the Fed’s monetary policy path.
United Kingdom:
● 06:00 a.m. GMT: GDP (Month-over-Month) (May). Previous: -0.3%. An uptick in growth would boost GBP, while further contraction could add pressure.
● 06:00 a.m. GMT: UK Trade Balance (May). Previous: -£23.21B. An improved trade figure may lend additional support to the British pound.
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