New Zealand Producer Price Data Due On Tuesday
Monday, August 18,2025,22:01
New Zealand will on Tuesday release Q2 figures for producer prices, highlighting a light day for Asia-Pacific economic activity. .. read more..
Westpac Consumer Sentiment. Australia, 01:30 (GMT+2)
Monday, August 18,2025,21:30
At 01:30 (GMT+2), Australia will publish the August consumer sentiment index from the country’s largest bank Westpac Banking Corp., measuring confidence in economic activity and based on a survey of about 1.2K respondents assessing its prospects. It may continue its negative dynamics from the current 0.6%, putting pressure on the Australian dollar. Read more .. read more..
Producer Price Index. New Zealand, 00:45 (GMT+2)
Monday, August 18,2025,21:00
At 00:45 (GMT+2), New Zealand will publish data on the Q2 producer price index, one of the key inflation indicators measuring the average change in prices for goods and services purchased by companies: it may fall from 2.9% to 1.4%. Read more .. read more..
Ireland’s Export-led Economy Looks Robust Enough to Withstand Higher US Trade...
Monday, August 18,2025,20:22
Higher US tariffs on EU imports represent an external headwind for Ireland’s export and corporate-tax dependent economy, but the 15% tariff rise looks manageable without materially weakening Ireland’s public finances. .. read more..
NAHB Housing Market Index Drops To 32, Missing Analyst Expectations
Monday, August 18,2025,14:19
The report indicated that buyers are waiting for lower mortgage rates. .. read more..
U.S. Homebuilder Confidence Edges Slightly Lower In August
Monday, August 18,2025,14:18
The National Association of Home Builders released a report on Monday showing a modest deterioration by U.S. homebuilder confidence in the month of August. The report said the NAHB/Wells Fargo Housing Market Index edged down to 32 in August after inching up to 33 in July. Economists had expected the index to come in unchanged. .. read more..
Russian bank run crisis as savers rush to withdraw cash amid fears of financi...
Monday, August 18,2025,14:11
Further data shows the trend has continued into July and even August, as jitters over the health of Russia's financial system persist. .. read more..
NAHB Housing Market Index. USA, 17:00 (GMT+2)
Monday, August 18,2025,13:00
At 17:00 (GMT+2), the August National Association of Home Builders (NAHB) Housing Market Index is due, based on a survey of construction managers and determines the market development prospects and the likely volume of single-family home sales. It may stay at 33.0 points. Read more .. read more..
UK House Prices Fall 1.3% In August: Rightmove
Monday, August 18,2025,10:44
UK house prices dropped moderately in August following the bigger-than-usual falls in June and July, property website Rightmove said Monday. .. read more..
Eurozone Trade Surplus Declines Sharply In June
Monday, August 18,2025,10:17
The euro area trade surplus declined sharply in June as exports remained weak amid a rebound in imports, official data revealed on Monday. The trade balance registered a surplus of EUR 7.0 billion compared to May's surplus of EUR 16.5 billion, Eurostat reported. Compared to last year, the surplus contracted by EUR 13.7 billion from EUR 20.7 billion. .. read more..
Housing starts. Canada, 14:15 (GMT+2)
Monday, August 18,2025,10:15
At 14:15 (GMT+2), Canada will publish July data on the number of new homes, the construction of which began in the reporting month. This indicator is one of the most important indicators of the national construction market. It may grow from 283.7K, supporting the Canadian dollar. Read more .. read more..
India confident of meeting fiscal deficit target, despite planned tax cuts
Monday, August 18,2025,10:00
India is confident of meeting its fiscal deficit target of 4.4% for the current fiscal year, according to a government source with knowledge of the matter, despite its plans to cut consumption tax later this year. In the biggest tax overhaul since 2017, Prime Minister Narendra Modi on Saturday announced sweeping changes to the complex ... .. read more..
Global markets face shaky week ahead as US pressure mounts on Ukraine
Monday, August 18,2025,10:00
Defence stocks and energy markets are likely to be in focus this week, as European leaders rushed to back Ukraine in talks with U.S. President Donald Trump that may pressure Kyiv to accept a peace deal favouring Russia. Investors are watching for signs that the U.S. may move closer to Russia in a bid to ... .. read more..
Will Trump’s tariffs get ’tariffried’ by the courts?
Monday, August 18,2025,10:00
The Trump administration is bracing for a potential legal setback that could undermine its tariff strategy, analysts at Yardeni Research highlighted in a note this week. The firm stated that the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., may soon rule that President Donald Trump lacks the legal authority to impose ... .. read more..
EU push to protect digital rules holds up trade statement with US, FT reports
Monday, August 18,2025,10:00
The European Union is trying to prevent the United States from targeting the bloc’s digital rules as both sides work through the final details of a delayed statement to formalise a trade deal reached last month, the Financial Times reported on Sunday. EU officials said disagreements over language relating to “non-tariff barriers”, which the U.S. ... .. read more..
Thai Economic Growth Slows In Q2
Monday, August 18,2025,09:26
Thailand's economy grew at a softer pace in the second quarter largely due to the slowdown in tourist arrivals, official data revealed on Monday. Gross domestic product expanded 2.8 percent year-on-year in the second quarter, slower than the 3.2 percent growth posted in the first quarter, the National Economic and Social Development Council said. .. read more..
Spain Trade Gap Widens In June
Monday, August 18,2025,08:35
Spain's foreign trade deficit increased in June from a year ago as imports grew faster than exports. The trade deficit rose to EUR 3.59 billion in June from EUR 0.71 billion in the corresponding month last year. In May, the shortfall was EUR 2.54 billion. Exports rose 2.4 percent year-over-year in June, while imports surged 10.9 percent. .. read more..
Czech Producer Prices Fall 1.2%
Monday, August 18,2025,07:52
The Czech Republic's producer prices decreased for the sixth straight month in July. The industrial producer price index dropped 1.2 percent yearly in July, following a 0.7 percent decrease in June. Prices were expected to fall 1.1 percent. Among the main industrial groupings, prices for energy declined 5.4 percent. .. read more..
Swiss Industrial Production Shrinks 0.1% In Q2
Monday, August 18,2025,07:37
Switzerland's industrial production contracted slightly in the second quarter. Industrial production dropped 0.1 percent year-over-year in the second quarter, reversing its 8.9 percent growth in the first quarter. The output produced in the manufacturing sector was 0.7 percent higher compared to last year but much slower than the 10.3 percent growth. .. read more..
Trade Balance. EU, 11:00 (GMT+2)
Monday, August 18,2025,07:00
At 11:00 (GMT+2), June data on the EU trade balance is due – an indicator recording the difference between the payments for exported and imported goods. It may grow from 16.2B euros, supporting the euro. Read more .. read more..
Japan Tertiary Activity Index Rises 0.5%
Monday, August 18,2025,06:51
Japan's tertiary activity index increased for the third straight month in June. The seasonally adjusted tertiary activity index rose 0.5 percent on a monthly basis in June, following a 0.3 percent increase in May. transport and postal activities, utilities, retail trade, finance and insurance, business-related services, medical, health care and welfare, and wholesale trade increased. .. read more..
Thailand GDP Growth Softens In Q2
Monday, August 18,2025,05:41
Thailand's economy grew at a softer pace in the second quarter, the National Economic and Social Development Council said Monday. .. read more..
Industrial Production. Switzerland, 09:30 (GMT+2)
Monday, August 18,2025,05:30
At 09:30 (GMT+2), Swiss data on industrial production for the second quarter will be released, which reflects the change in the output of industrial goods and services in the country, considering the manufacturing and mining industries, as well as the electric power industry. It may grow from 8.50% YoY, supporting the franc. Read more .. read more..
Jackson Hole on the horizon for markets this week
Monday, August 18,2025,05:03
I reckon the narrative going into Jackson Hole this year is rather clear. If you're expecting Powell to reaffirm rate cut expectations, you'd be sorely disappointed. But in that sense, can we argue that market players are quite evidently favouring Powell to adopt a more hawkish tone? Or at least to not conform to the more dovish bias heading into September? As such, it might seem that the propensity to surprise is actually on the other side of the equation now. But if anything, that argues to how high of a threshold the situation is for Powell to have to surprise markets in this manner. In short, don't expect Powell to be explicit or pre-commit to anything in September. However, that won'... .. read more..
PBOC sets USD/ CNY reference rate for today at 7.1322 (vs. estimate at 7.1793)
Monday, August 18,2025,01:16
The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%. Previous close was 7.1831 PBOC injects 266.5 bln yuan via 7-day reverse repos at 1.40% This article was written by Arno V Venter at investinglive.com. .. read more..
PBOC is expected to set the USD/CNY reference rate at 7.1793 – Reuters estimate
Monday, August 18,2025,00:26
People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%. How the process works: Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and i... .. read more..
New Zealand Services Index Improves To 48.9 - BusinessNZ
Sunday, August 17,2025,23:48
The services sector in New Zealand continued to contract in July, albeit at a slower rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 48.9. .. read more..
Singapore Export Data On Tap For Monday
Sunday, August 17,2025,22:01
Singapore will on Monday release July figures for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In June, NODX was up 14.3 percent on month and 13.0 percent on year. .. read more..
Interest rate expectations for upcoming meetings
Sunday, August 17,2025,21:59
A quick snapshot of central bank rate expectations ahead of the week's events. We have CA CPI, UK CPI, the RBNZ decision and Jackson Hole so BoC, BoE, RBNZ and FOMC pricing is the most important. Given the recent data we've seen across the board, as well as the current global trade context, it will take quite a lot from all these events to drastically shift the needle in terms of rate expectations for the upcoming meetings. However, big surprises are what we hope for as risk event traders, so it is always worth knowing what is expected ahead of key events, to build scenarios of what needs to happen to change those expectations and provide some decent short-term volatility. I'll put up pre... .. read more..
China’s July activity data slump shows additional stimulus needed
Sunday, August 17,2025,21:00
Chinese economic activity slowed across the board in July, with retail sales, fixed asset investment, and value added of industry growth all reaching the lowest levels of the year. After a strong start, several months of cooling momentum suggest that the economy may need further policy support Downward pressure on property prices persisted in July ... .. read more..
UK economy holds up in the second quarter despite headwinds
Sunday, August 17,2025,21:00
At face value, the UK’s 0.3% second-quarter growth performance looks reasonable amid a flurry of global and domestic headwinds. But this is largely concentrated in components not intrinsically linked to underlying economic performance, and the Bank of England will take these figures with a pinch of salt. We expect growth to slow in the second ... .. read more..
Trump revokes Biden-era order on competition, White House says
Sunday, August 17,2025,21:00
U.S. President Donald Trump on Wednesday revoked a 2021 executive order on promoting competition in the U.S. economy issued by his predecessor Joe Biden, the White House said. The move by Republican Trump further unwinds a signature initiative by Biden, a Democrat, to crack down on anti-competitive practices in sectors from agriculture to drugs and ... .. read more..
Major developments in Trump’s trade war
Sunday, August 17,2025,21:00
U.S. President Donald Trump’s tariff decisions since he took office in January have shocked financial markets and sent a wave of uncertainty through the global economy. Here is a timeline of the major developments: February 1 – Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China, demanding they ... .. read more..
Firm US retail activity and elevated import costs weakens 50bp Fed cut calls
Sunday, August 17,2025,21:00
Treasury Secretary Scott Bessent had suggested that the Fed could and perhaps should cut rates 50bp at the next FOMC meeting. However, consumer spending is proving resilient and inflation pressures are a little more elevated with the bulk of the Federal Reserve reluctant to vote for an outsized move in September on the basis of ... .. read more..
Brazil to provide $5.6 billion to help exporters navigate US tariffs
Sunday, August 17,2025,21:00
Brazil’s President Luiz Inacio Lula da Silva on Tuesday said his government would provide 30 billion reais ($5.55 billion) in credit as part of a plan to support companies that export goods and are affected by steeper tariffs imposed from Washington. In an interview with local news outlet BandNews, Lula said this was an initial ... .. read more..
German investor morale falls more than expected in August, ZEW finds
Sunday, August 17,2025,21:00
German investor morale fell more than expected in August, the ZEW economic research institute said on Tuesday, citing widespread disappointment with the European Union-U.S. trade deal and Germany’s sluggish second-quarter economic performance. The economic sentiment index fell to 34.7 points from 52.7 points in July. Analysts polled by Reuters had predicted a reading of 39.8 ... .. read more..
10 million Americans will go uninsured due to Trump tax and spend law, CBO es...
Sunday, August 17,2025,21:00
Ten million more Americans will be uninsured in the next decade due to changes in President Donald Trump’s tax and spend law, according to an estimate by the Congressional Budget Office. The nonpartisan CBO analysis comes after the legislation became law in July and is an update from a previous analysis that estimated almost 11 ... .. read more..
Atlanta Fed GDP now remains unchanged at 2.5%
Friday, August 15,2025,16:15
The Atlanta Fed GDPNow growth estimate for Q3 comes in unchanged at 2.5%. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 2.5 percent on August 15, unchanged from August 7 after rounding. After recent releases from the US Census Bureau, US Bureau of Labor Statistics, Federal Reserve Board of Governors, and Treasury's Bureau of the Fiscal Service, the nowcast of third-quarter real personal consumption expenditures growth increased from 2.0 percent to 2.2 percent, while the nowcast of third-quarter real gross private domestic investment growth decreased from 7.3 percent to 6.6 percent. The next GDPNow update... .. read more..
U.S. Business Inventories Rise In Line With Estimates In June
Friday, August 15,2025,15:45
A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations. .. read more..
U.S. Consumer Sentiment Unexpectedly Deteriorates In August
Friday, August 15,2025,15:27
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0. .. read more..
Baker Hughes Active Rig Count. USA, 19:00 (GMT+2)
Friday, August 15,2025,15:00
At 19:00 (GMT+2), weekly data on the number of active oil rigs from Baker Hughes is due. It may fall from 411 units, supporting oil prices. Read more .. read more..
U.S. Industrial Production Pulls Back Slightly In July
Friday, August 15,2025,14:58
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged. .. read more..
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August
Friday, August 15,2025,14:34
The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5. .. read more..
U.S. Consumer Sentiment Index Unexpectedly Decreases In August
Friday, August 15,2025,14:07
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. .. read more..
U.S. Import Price Growth Exceeds Estimates In July
Friday, August 15,2025,14:00
The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month. .. read more..
U.S. Retail Sales Climb 0.5% In July, In Line With Estimates
Friday, August 15,2025,13:27
A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June. .. read more..
U.S. Industrial Production Edges Slightly Lower In July
Friday, August 15,2025,13:20
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. .. read more..
New York Manufacturing Index Unexpectedly Increases In August
Friday, August 15,2025,12:44
The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. .. read more..
U.S. Retail Sales, Fed Outlook, and Import Costs Paint Mixed Picture for Traders
Friday, August 15,2025,12:42
U.S. retail sales rose 0.5% in July, while NY manufacturing rebounded. Traders eye Fed policy as import costs and price pressures build. .. read more..
Denmark Producer Price Inflation Rises To 9.8%
Friday, August 15,2025,12:42
Denmark's producer price inflation accelerated for the first time in five months in July. The producer price index climbed 9.8 percent year-on-year in July, faster than the 8.4 percent rise in June. The increase in inflation was mainly driven by a 19.4 percent surge in prices in the utility sector and a 10.0 percent rise in manufacturing prices. .. read more..