This week is packed with high-impact macro releases that are likely to steer FX markets: US July CPI (Tue) and related U.S. inflation reads, a scheduled RBA monetary policy decision and press conference (Tue), flash/first estimates of Eurozone and UK Q2 GDP (mid-week), a string of US producer and retail flows later in the week, and a set of central-bank speeches and country-specific monthly indicators that will influence currency pairs and cross-asset flows. These items will move market expectations for central-bank policy and growth across USD, AUD, EUR, GBP, JPY and commodity
📅 Monday, 11 August 2025
- Asia / China
- China: New Loans, M2 Money Supply and other banking/credit indicators (tentative timing, local releases) — watch CNY liquidity and market reaction.
- Europe
- Italy: Italian trade balance (early European session) — local trade flows can influence EUR pairs.
- UK
- BRC retail sales monitor (monthly indicator) — soft or strong retail results can nudge GBP.
- Japan
- Japan: M2 money stock (monetary aggregate) — minor but useful liquidity signal for JPY.
- US / Other
- Typically a quieter Monday for major US releases; watch country-specific calendar feeds for any revisions or localized releases. (See live FX calendars for any last-minute scheduling).
📅 Tuesday, 12 August 2025
- U.S. Consumer Price Index (CPI) — July
- Release: BLS scheduled at 08:30 ET. This is the main US inflation print for the month and a primary driver for USD and U.S. real rates expectations. Market focus: headline CPI, core CPI, month-on-month and year-on-year patterns.
- Reserve Bank of Australia (RBA) — Monetary Policy Decision & Media Conference
- RBA meeting spans 11–12 August with the Monetary Policy Statement / Decision and media conference scheduled for 12 Aug (AEST). Markets are heavily focused on whether the RBA cuts rates and on the tone at the media conference — big for AUD crosses.
- Australia / Asia micro data and business surveys (various releases tied to RBA commentary). Expect market sensitivity around AUD and Aussie rates-sensitive pairs.
- Other country releases (watch local calendars): possible Norway, Switzerland, small country monthly prints — monitor live calendars for updates
📅 Wednesday, 13 August 2025
Australia
- RBA — Chart pack / supplementary releases (follow-up items and background material released after the decision; these can clarify the board’s views).
- AUD: Wage Price Index (Q2) — important domestic labour cost indicator that can feed into RBA narrative and AUD reaction. (Listed on specialist FX event pages).
Japan
- Machine tool orders and other monthly/industrial indicators (early Asian hours) — relevant to industrial cyclical flows and JPY.
Europe
- Ongoing monthly indicators and country updates (Germany CPI revisions sometimes appear around mid-month) — check national statistical office releases for details.
US
- US: State JOLTS / Real earnings / smaller mid-week releases (watch BLS/BEA schedule for the week). Real earnings and wage reads are released in this part of week (check exact times).
📅 Thursday, 14 August 2025
Eurozone: Flash / first estimate GDP (Q2 2025) — Eurostat’s flash GDP estimate for Q2 is scheduled mid-week (commonly listed for 14 August in many calendars). This is a key top-line growth read for EUR.
United Kingdom: First estimate of Q2 GDP / Monthly GDP estimate — ONS typically publishes the first quarterly GDP estimate and monthly GDP estimate around 14 August 2025; this is a primary GBP mover for the week.
United States: Producer Price Index (PPI), weekly jobless claims, other monthly indicators — PPI and jobless claims often land on Thursdays and can alter near-term inflation expectations for the USD.
Other European national releases (Germany, France country-level GDP/CPI revisions) will also appear around this time — monitor Eurostat and national statistics offices for detail.
📅Friday, 15 August 2025
United States: Retail Sales (July) — a major real-time gauge of consumer spending and a headline mover for USD and risk sentiment; often released on Friday mornings ET. Also check industrial production and import price data scheduled for the same day.
United States: Industrial Production & Capacity Utilization — speaks to supply/demand and cyclical momentum.
University of Michigan Consumer Sentiment (prelim / final depending on week) — a market psychology indicator that often prints on Friday and can influence risk appetite.
Asia / other regional: Holiday or local releases (be aware of country-specific holidays that may thin liquidity in particular FX crosses). Check live calendar feed for any bank holidays affecting liquidity on Frida
Ongoing / watchlist items for the week (cross-cutting)
Fed / central-bank speeches: a lineup of central-bank governors / officials often speak throughout the week; tone and forward guidance can move rates and FX. Monitor each speech closely.
Geopolitics / trade deadlines: geopolitical headlines (including U.S.–China tariff deadlines mentioned for the week) can create sudden risk-on/risk-off moves. Keep an eye on major news wires.
Earnings / corporate events (US corporates): big corporate earnings can change equity sentiment and cross-asset flows that affect FX pairs (notably USD/JPY and commodity currencies).
Sources and live calendar hubs to monitor (real-time updates)
- Bureau of Labor Statistics (BLS) — official schedule for US CPI and other BLS releases.
- Reserve Bank of Australia (RBA) official calendar — meeting dates, decision statements and media conference times.
- Eurostat / national statistical offices (Eurozone flash GDP; ONS for UK GDP).
- Forex-focused live calendars (ForexFactory, TradingCharts, FXEmpire, Myfxbook) for timestamped event lists and real-time updates.
- Market commentary and weekly previews: ActionForex, LiteFinance, FOREX.com, Kiplinger and major outlets for the week’s themes.
