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Key Economic Events: Week Of 21st June 2026
Release Date: 21st June 2026

23 June 2026

UK - Services PMI (Jun)

Date: 23-Jun-26, Tue, 14:00 IST Currency: GBP Importance: 3 Forecast: Link Previous: 49.3 Notes: The UK Services Purchasing Managers' Index (PMI) provides a reliable snapshot of the dominant services sector. A reading above 50 represents expansion, while a figure below 50 indicates contraction. Under 50, the services sector is experiencing a slowdown, which could put downward pressure on GBP if the print misses expectations, or prompt the Bank of England to consider easier policy. Learn More: GBPJPY GBPUSD

UK - Manufacturing PMI (Jun)

Date: 23-Jun-26, Tue, 14:00 IST Currency: GBP Importance: 3 Forecast: Link Previous: 53.9 Notes: The UK Manufacturing PMI gauges the health of the manufacturing sector based on surveys of purchasing managers. Since manufacturing is a sensitive cyclical industry, a high print indicates strong demand and economic momentum. A print below expectations could trigger risk-off flows in GBP, whereas resilience supports the hawkish interest rate case. Learn More: GBPJPY GBPUSD

UK - Composite PMI (Jun)

Date: 23-Jun-26, Tue, 14:00 IST Currency: GBP Importance: 3 Forecast: Link Previous: 49.7 Notes: The UK Composite PMI combines the manufacturing and services sectors to provide an overall assessment of macroeconomic growth. A composite score below 50 signals an aggregate economic contraction, raising stagflation or recessionary concerns. Markets closely track this print for leading indicators of GDP performance. Learn More: GBPJPY GBPUSD

USD - Services PMI (Jun)

Date: 23-Jun-26, Tue, 19:15 IST Currency: USD Importance: 3 Forecast: Link Previous: 50.7 Notes: The US Services PMI tracks business conditions in the services sector, which represents over two-thirds of US economic output. Given the high reliance on consumer demand and service industry employment, a strong services PMI reinforces hawkish Federal Reserve rate paths, while a weaker print fuels hopes of interest rate cuts. Learn More: USDJPY EURUSD

USD - Manufacturing PMI (Jun)

Date: 23-Jun-26, Tue, 19:15 IST Currency: USD Importance: 3 Forecast: Link Previous: 55.1 Notes: The US Manufacturing PMI measures output, new orders, employment, and supplier deliveries within the factory sector. Stronger manufacturing activity suggests a robust industrial backdrop, pushing Treasury yields and the USD higher as rate expectations firm up. Learn More: USDJPY EURUSD

24 June 2026

USD - New Home Sales (May)

Date: 24-Jun-26, Wed, 19:30 IST Currency: USD Importance: 3 Forecast: Link Previous: 622K Notes: New Home Sales measures the annualized number of new single-family homes sold during the prior month. It is a key leading indicator of housing market health, consumer confidence, and broader capital investment. Higher-than-expected sales point to resilient household demand. Learn More: USDJPY EURUSD

25 June 2026

USD - Core PCE Price Index (YoY) (May)

Date: 25-Jun-26, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 3.30% Notes: The Core PCE Price Index (YoY) measures the changes in the prices of goods and services purchased by consumers for consumption, excluding food and energy. This is the Federal Reserve's preferred inflation gauge. A higher-than-expected print can spark hawkish policy expectations, lifting USD and yields. Learn More: USDJPY EURUSD

USD - Core PCE Price Index (MoM) (May)

Date: 25-Jun-26, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 0.20% Notes: The monthly Core PCE measure is scrutinized closely for short-term inflation trends. It allows market participants and Fed officials to identify near-term momentum. Steady or accelerating MoM inflation complicates potential interest rate easing. Learn More: USDJPY EURUSD

USD - GDP (QoQ) (Q1)

Date: 25-Jun-26, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 1.60% Notes: Gross Domestic Product (GDP) is the primary gauge of economic growth and performance. This release shows the annualized quarterly change. High GDP growth indicates a strong economy, potentially delaying monetary easing or pushing USD higher, while a contraction points to recession risks. Learn More: USDJPY EURUSD

USD - Weekly Initial Jobless Claims

Date: 25-Jun-26, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: Link Previous: - Notes: Weekly Initial Jobless Claims measures the number of individuals filing for state unemployment benefits. It is a highly sensitive and timely indicator of US labor market strength. An unexpected rise in jobless claims can signal cooling labor market conditions and support the case for rate cuts. Learn More: USDJPY EURUSD

26 June 2026

IN - Holiday - Muharram

Date: 26-Jun-26, Fri, All Day Currency: INR Importance: 3 Forecast: - Previous: - Notes: Muharram is observed as a public holiday in India. Local financial markets, including the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), and banks will be closed, leading to reduced trading volumes and potentially thinner liquidity in INR assets. Learn More: Wikipedia Reference

29 July 2026

USD - Fed Interest Rate Decision

Date: 29-Jul-26, Wed, 23:30 IST Currency: USD Importance: 3 Forecast: CME FedWatch Tool Previous: 3.63% Notes: The Federal Reserve Interest Rate Decision remains the key medium-term USD catalyst. The 29 July 2026 meeting will reset expectations for policy guidance, the rate path and near-term risk sentiment. This appears as the next Fed decision in this calendar sequence. Learn More: USDJPY EURUSD

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