Here are some of the important economic data that will be the focus of the market throughout this week.
TUESDAY (19 August 2025)
Canadian Inflation Data (8.30 PM) – After recording a decrease in the previous month's reading, the Canadian monthly inflation rate for July is expected to increase again.
WEDNESDAY (20 August 2025)
RBNZ Policy Meeting (10.00 AM) – The Reserve Bank of New Zealand (RBNZ) is expected to cut interest rates by 25 basis points at its latest meeting from 3.25% to 3.00%.
UK Inflation Data (2.00 PM) – The UK inflation rate is expected to continue to rise after the surge that began in April's reading when it was affected by the implementation of Donald Trump's tariffs. The inflation forecast for July is increased to 3.7% from 3.6%.
THURSDAY (21 August 2025)
FOMC Minutes (2.00 AM) – Following the Federal Reserve’s decision to keep interest rates on hold, the market will be looking for more details in the minutes of the meeting to be published this week. The minutes report is expected to also influence the US dollar.
Germany Manufacturing & Services PMI (3.30 PM) – Growth in both the manufacturing and services sectors in Germany for August is expected to slow down following the dismal readings in the previous month.
UK Manufacturing & Services PMI (4.30 PM) – The UK PMI data is expected to show no significant difference from the July figures. The manufacturing sector is expected to slow down while the services sector is still above the 50-point mark.
US Manufacturing & Services PMI (9.45 PM) – The services sector in America is expected to remain strong while the manufacturing sector is expected to develop well in August.
FRIDAY (22 August 2025)
UK Retail Sales Data (2.00 PM) – While UK consumer inflation is forecast to rise, retail sales are expected to slow for July.
Canadian Retail Sales Data (8.30 PM) – Canada is expected to return to positive sales for June after the negative figures published in the May report.
