Week's main events (August 24 - August 28)
This coming week, investors’ attention will be focused on key events and macroeconomic data that will determine the future trajectory of interest rates and bond yields. The main event will be the symposium in Jackson Hole, where speeches by Fed officials will shed light on the central bank’s future monetary policy. In addition, market participants are awaiting the release of July data on PCE inflation and durable goods orders in the US, as well as the latest inflation reports from leading European countries. In the corporate sector, Nvidia’s financial results will serve as a key indicator of global demand for artificial intelligence technologies.
Monday, Monday, August 24
On Monday, the early session highlights New Zealand’s quarterly retail sales report. Consensus projections anticipate a modest increase of 0.1-0.3%, marking a sharp cooling compared to the 0.8% growth recorded in the previous quarter. With consumer spending under pressure from higher borrowing costs, weaker-than-expected figures could weigh heavily on the New Zealand Dollar (NZD). Later, Singapore’s inflation rate release will offer key regional price trends for traders to evaluate. Inflation is expected to rise from 1.9% to 2.1% year-over-year, which could provide support for the SGD.
Main events of the day:
New Zealand Retail Sales (m/m) at 01:45 (GMT+3) – NZD (MED)
Singapore Inflation Rate (m/m) at 08:00 (GMT+3) – SGD (MED)
Tuesday, Tuesday, August 25
On Tuesday, the key market events are the release of the RBA meeting minutes and the US CB Consumer Confidence. The early session opens with the release of the Reserve Bank of Australia (RBA) meeting minutes. Market participants will comb through the details to better understand the board’s internal debate regarding moderating inflation and domestic labor conditions, offering vital context on how long the official cash rate will remain at its restrictive level. Shortly after, European attention pivots to Germany for the Ifo Business Climate index, which tracks corporate sentiment across manufacturing, wholesale, and retail sectors to gauge the industrial engine’s resilience. In the North American afternoon, the focus shifts to the US with the release of the Conference Board’s Consumer Confidence index and new home sales figures. These reports will provide a dual assessment of consumer psychology and housing market activity, helping investors evaluate household spending power and economic momentum heading toward the end of the month.
Main events of the day:
Australia RBA Meeting Minutes at 04:30 (GMT+3) – AUD (MED)
German Ifo Business Climate (m/m) at 11:00 (GMT+3) – EUR (MED)
US CB Consumer Confidence (m/m) at 17:00 (GMT+3) – USD (MED)
US New Home Sales (m/m) at 17:00 (GMT+3) – USD (MED)
Wednesday, Wednesday, August 26
On Wednesday, an important inflation report from Australia will be released. The July reading is forecast at 3.2% (versus 3.8% in June). If inflation aligns with or falls below expectations, RBA rate cut expectations may gain traction, potentially exerting downward pressure on the AUD. In the North American afternoon, global market attention zeroes in on the US Personal Consumption Expenditures (PCE) Price Index – the Federal Reserve’s preferred inflation gauge. Analysts will closely examine the core PCE figure for signals on underlying price trends. No significant changes are expected, so investors’ focus will likely shift to the preliminary US GDP data. Analysts expect a quarterly reading of 1.5%, down from 2.1% in the previous quarter. Weak data could negatively impact the US dollar, which is positive for risk-sensitive currencies.
Main events of the day:
Australia Consumer Price Index (m/m) at 04:30 (GMT+3) – AUD (HIGH)
US PCE Price Index (m/m) at 15:30 (GMT+3) – USD (HIGH)
US GDP (m/m) at 15:30 (GMT+3) – USD (MED)
US Durable Goods Orders (m/m) at 15:30 (GMT+3) – USD (MED)
US Crude Oil Reserves (w/w) at 17:30 (GMT+3) – WTI (HIGH)
Thursday, Thursday, August 27
On Thursday, the European morning highlights the German GfK consumer climate survey, providing a forward-looking view of household spending power and willingness to make major purchases. In the afternoon, the European Central Bank (ECB) releases the Monetary Policy Meeting Accounts, providing investors with a detailed record of the discussions behind its recent policy decisions. Across the Atlantic, attention is heavily focused on North America. The day brings routine US weekly initial jobless claims and natural gas storage data, but the main headline belongs to the Jackson Hole Symposium (Day 1). As central bankers, policymakers, and financial leaders gather, Day 1 sets the stage for keynote speeches and critical monetary policy hints that typically drive heavy volatility across the US Dollar (USD), Gold (XAU), and major US equity indices.
Main events of the day:
German GfK German Consumer Climate (m/m) at 09:00 (GMT+3) – EUR (MED)
Eurozone ECB Monetary Policy Meeting Accounts at 14:30 (GMT+3) – EUR (MED)
US Initial Jobless Claims (w/w) at 15:30 (GMT+3) – USD (MED)
US Natural Gas Storage (w/w) at 17:30 (GMT+3) – XNG (HIGH)
Jackson Hole Symposium (Day1) – USD, XAU, US indices (HIGH)
Friday, Friday, August 28
For Friday, the economic calendar delivers a high-stakes finale to the month, highlighted by crucial international inflation figures, regional activity indicators, and the culmination of the Jackson Hole Symposium. The early session features Tokyo’s core CPI and Japan’s unemployment rate, offering vital readings on metropolitan price trends and labor market stability. The Tokyo Core inflation data is considered to be a leading indicator of national inflation. The August reading is forecast at 2.9% YoY, up from 1.9% last month. The mild cooling of inflation diminishes tightening expectations and pressures the JPY, as inflationary persistence still provides baseline support to the yen. The absolute center of gravity for global markets, however, rests on a heavy-hitting US data docket and high-impact central bank speeches at the Jackson Hole Symposium. Alongside the preliminary benchmark payrolls revision, which has historically triggered sharp repricing by exposing historical adjustments to US job growth, Fed Chair Kevin Warsh is scheduled to deliver a closely watched address. Market participants will dissect every word for clues on the central bank’s future policy path amid ongoing economic shifts.
Main events of the day:
Japan Tokyo Core CPI (m/m) at 02:30 (GMT+3) – JPY (MED)
Japan Unemployment Rate (m/m) at 02:30 (GMT+3) – JPY (MED)
Switzerland KOF Leading Indicators (m/m) at 10:00 (GMT+3) – CHF (MED)
Canada GDP (m/m) at 15:30 (GMT+3) – CAD (MED)
US Chicago PMI (m/m) at 16:45 (GMT+3)- USD (MED)
US Michigan Consumer Expectations (m/m) at 17:00 (GMT+3) – USD(MED)
Fed Chairman Warsh Speaks at 17:00 (GMT+3) – USD, XAU, US indices (HIGH)
Prelim Benchmark Payrolls Revision at 17:00 (GMT+3) – USD, XAU, US indices (HIGH)
Jackson Hole Symposium (Day2) – USD, XAU, US indices (HIGH)
Disclaimer:
Risk Warning: Trading involves significant risk. Capital at risk.
Publication date:
2026-08-24 10:34:46 (GMT)
