Forex - Canadian Dollar

• Aug 26 Canada inflation eased in July, on its track to target
• Aug 26 BoC Monetary Policy Report July 2024 (main points)
• Jul 07 Canadian labor market eases, good for taming inflation, however risks of recession loom

Forex - US Dollar

• Aug 26 US durable goods sharply jumped in July, raising hopes for economic recovery
• Aug 26 Fed’s Chair Jerome H. Powell speech at Jackson Hole Economic Policy Symposium on Monetary Policy Outlook
• Aug 26 Fed’s FOMC Meeting Minutes, July 30-31, 2024
• Aug 26 US business inventories kept rising in July, pointing to possible output slowdown in the future
• Aug 26 US capacity utilisation dropped in July, indicating business’ uncertainty for enough demand
• Aug 26 US industrial production rose slightly in July, indicating recession looming
• Aug 26 US initial jobless claims dropped in a second week in a row, showing labor market cooling decelerates
• Aug 26 US import prices barely rose in July, adding to positive news of easing inflation
• Aug 26 US retail sales jumped up in July, rasing hope for reviving consumer confidence
• Aug 26 US inflation keeps subsiding in July, in line with Fed’s expectations
• Aug 26 US producer prices rose moderately in July showing price pressure was subsiding
• Aug 26 US labor market has eased sharply in July, paving the road to rate cut in September and possible cuts later this year
• Jul 10 US labor market cooled in June data showed on Friday, raising chances for earlier rate cuts
• Jul 06 US ISM non-manufactring activity slows calling for rate cuts
• Jul 06 US factory orders dip in June as tight policy pressures demand
• Jul 06 US Initial jobless claims rose hopes for some cooling in labor market
• Jul 06 Pickup in US employment is still too weak to change the whole picture
• Jul 06 US PCE Price index dropped to 2.6% confirming downward trend in inflation
• Jul 06 Elevated rates keep pressuring US housing market
• Jun 15 Fed’s Powell comments on inflation, economy, labor market and rates prospects during FOMC press-conference 12 Jun 2024

Forex - Euro

• Jul 06 Euro Area’s labor market is quite tight posing inflationary risks
• Jul 06 Euro Area’s inflation keeps moderating, however risks persist
• Jul 06 EZ PMI dropped sharply indicating businesses still worry about the economy
• Jun 16 ECB’s Lagarde coments on inflation, economy, employment and rates during press-conference 6 June 2024

Forex - UK Pound

• Aug 26 UK retail sales incresed 1.4% over the year, raising hopes for consumer demand’s recovery
• Aug 26 UK GDP rose strongly in Q2, allowing BoE to cut rates moderately
• Aug 26 UK inflation shows stubborness to move down, rising 2.2% in July
• Aug 26 Mixed UK data indicates labor market is tightening while wage pressure is subsiding
• Aug 26 UK retail sales dropped in June, showing economy struggling under high rates
• Jul 06 Strong UK retail sales poses inflationary risks

Forex - Japanese Yen

• Aug 26 Japan foreign trading showed deficit in July again, posing risks to the economy
• Aug 26 Japan’s GDP rose strongly in Q2, giving the BoJ room for hiking rates
• Aug 26 Japan producer prices keep rising in July, as weaker yen makes import more expensive
• Jul 07 Japan’s leading index edges up raising hopes the economy will show progress
• Jul 07 Japan household spending sharply drops in May shrinking room for rate hike
• Jul 06 Negative services activity complicate BOJ’s plans to tighten policy
• Jul 06 Japan inflation unexpectedly jumps encouraging BOJ’s plans to hike rates

Forex - Swiss Franc

• Aug 26 Swiss producer prices remained flat in July and negative over the year, rasing chances for further policy easing
• Jul 06 SNB forecasts inflation will ease faster than in March estimate
• Jul 06 SNB Monetary policy assessment of 20 June 2024

Forex - Australian Dollar

• Aug 26 Australian labor market cools steadily, making harder for RBA to tight policy
• Aug 26 Australian wages rate decelerates, raising hope RBA will postpone hiking rates
• Aug 26 Australian business confidence dropped in July, as businesses are still nervous about high rates depressing consumers
• Jul 06 Australian inflation unexpectedly shoots up raising chances for another rate hike

Forex - New Zealand Dollar

• Aug 26 RBNZ Monetary Policy Report (Summary record of meeting)
• Aug 26 RBNZ cut interest rate by 25 bp to 5.25%
• Aug 26 Australia consumer confidence surged in July, raisng hope for economic activity recovering
• Aug 26 New Zealand trade balance surplus jumped in May as import plunges
• Jul 10 RBNZ left rates unchanged, amending projection for inflation to ease faster

Forex - Chinese Yuan

• Aug 26 China’s unemployment picked up moderately in July
• Aug 26 China’s retail sales picked up in July, posing hope for recovery
• Aug 26 China’s industrial production slowed in July, rasing concerns over 5% growth target for the economy
• Aug 26 China’s fixed asset investment growth slowed in July, showing economy needs more stimulus
• Aug 26 China’s housing market prices plunged in July to record
• Aug 26 China cut interest rates unexpectedly in a move to support the economy
• Jul 10 China inflation remain weak posing deflationary risks.
• Jul 06 China’s services activity is still positive but quickly subsides
• Jul 06 China’s manufacturing and non-manufacuring activity goe sluggishly as consumers stay uncertain