On Monday, 25 August 2025 [14:00 GMT], the U.S. will release New Home Sales for July, expected to ease to 0.62M after June’s 0.627M.
U.S. stock futures edged higher on Friday as investors awaited Federal Reserve Chair Jerome Powell’s speech at Jackson Hole for clues on the direction of interest rates.
Gold prices slipped to around $3,340 per ounce on Thursday as investors positioned themselves ahead of the three-day Federal Reserve Jackson Hole symposium, starting later today.
The Reserve Bank of New Zealand (RBNZ) cut its policy rate by 25 basis points to a three-year low of 3.00% on Wednesday, signalling further easing ahead as growth faces both domestic and global pressures.
The Canadian dollar held steady against the U.S. dollar on Monday, supported by higher oil prices while investors awaited key inflation data.
Gold prices inched up to $3,340 per ounce on Monday at the time of writing but hovered near a two-week low, as easing geopolitical tensions reduced demand for the metal’s safe-haven appeal.
From Tuesday, 19 August 2025, key data releases include Canada’s July inflation at 12:30 GMT, expected to rise from 1.9% to 2.0% on base effects and firmer energy prices, and U.S. building permits, seen easing from 1.393 M to 1.390 M amid high borrowing costs.
The U.S. retail sales rose 0.6% m/m in June, and market consensus projects a 0.6% gain in July.
In June, the U.S. Producer Price Index (PPI) and Core PPI (excluding food, energy, and trade services) were both unchanged at 0.0% month-over-month, indicating a balance between rising goods costs and softer services prices.
Gold prices hovered near $3,350 per ounce on Wednesday as investors assessed the Federal Reserve’s policy outlook following softer U.S. inflation data
Australia’s central bank cut its main cash rate by 25 basis points to a two-year low of 3.60% on Tuesday, citing easing inflation and a softer labour market
Gold prices fell below $3,368 per ounce on Monday as easing geopolitical tensions reduced demand for the metal’s perceived safe-haven appeal.
A series of key economic data releases and central bank decisions is scheduled for 12 August 2025. At 0430 GMT, the Reserve Bank of Australia (RBA) is expected to cut its interest rate from 3.85% to 3.60%
Canada's Employment Change for June saw a surprising surge of 83.1K jobs, significantly higher than typical monthly gains.
The Bank of England appears set to cut interest rates for the fifth time in a year this Thursday, likely lowering the Bank Rate from 4.25% to 4% in response to a slowing labour market
New Zealand's labour market remained soft in the second quarter, with the unemployment rate inching up to 5.2% from 5.1% previously, slightly below 5.3%.
The U.S. ISM Services PMI stood at 50.8 in June 2025, signalling a modest expansion in the services sector after dipping slightly below the 50-mark in May.
U.S. stocks tumbled last Friday, with the S&P 500 heading for its sharpest daily loss in over three months.
Several key economic releases are scheduled for the week of 4 – 8 August 2025. On Monday, 4 August at 0630 GMT, Switzerland will release its CPI m/m data, with June showing a +0.2% rise and July expected to remain steady.
U.S. non-farm employment rose by 147,000 in June, but July’s forecast is lower at 106,000, suggesting slower job growth as businesses grow cautious amid tighter credit and economic uncertainty.
