Key Economic Events: Week Of 12th July 2026
Release Date: 12th July 2026
14 July 2026
US - CPI (MoM) (Jun)
Date:
14-Jul-26, Tue, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.50%
Notes:
U.S. CPI month-on-month is the week's key inflation pulse. An upside surprise can support USD through firmer rate expectations, while a cooler print would pressure yields and improve risk appetite.
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USDJPY EURUSD
US - Core CPI (MoM) (Jun)
Date:
14-Jul-26, Tue, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.20%
Notes:
Core CPI strips out food and energy and is central to the market's view of underlying U.S. inflation pressure. A stronger monthly reading can lift Treasury yields and support USD, while a softer print would reinforce expectations for easier Fed policy.
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USDJPY EURUSD
US - CPI (YoY) (Jun)
Date:
14-Jul-26, Tue, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
4.20%
Notes:
U.S. CPI year-on-year frames the broader inflation trend. A sticky annual rate can keep the Fed cautious and support USD, while disinflation would make markets more comfortable pricing policy easing.
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USDJPY EURUSD
15 July 2026
CN - GDP (YoY) (Q2)
Date:
15-Jul-26, Wed, 7:30 IST
Currency:
CNY
Importance:
3
Forecast:
Link
Previous:
5.00%
Notes:
China GDP is a major signal for global growth, commodities and Asia FX. Stronger activity can support CNY and risk sentiment, while weakness would increase focus on policy support and external-demand risks.
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USDCNY USDCNH
US - PPI (MoM) (Jun)
Date:
15-Jul-26, Wed, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
1.10%
Notes:
U.S. PPI tracks pipeline inflation at the producer level. A firm print can feed into inflation expectations and support USD, while softer producer prices would ease pressure on the Fed.
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USDJPY EURUSD
CA - BoC Interest Rate Decision
Date:
15-Jul-26, Wed, 19:15 IST
Currency:
CAD
Importance:
3
Forecast:
Link
Previous:
2.25%
Notes:
The Bank of Canada rate decision sets the policy tone for CAD. A hawkish hold or higher-for-longer guidance can support CAD, while dovish language would weigh on local yields and the currency.
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USDCAD CADJPY
16 July 2026
UK - Manufacturing Production (MoM) (May)
Date:
16-Jul-26, Thu, 11:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
0.40%
Notes:
UK Manufacturing Production measures factory output momentum. A stronger reading can support GBP by pointing to firmer industrial activity, while weakness would highlight pressure on domestic growth.
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GBPJPY GBPUSD
UK - Monthly GDP 3M/3M Change (May)
Date:
16-Jul-26, Thu, 11:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
0.70%
Notes:
UK three-month GDP growth smooths monthly volatility and gives a clearer view of underlying economic momentum. Firmer growth can support GBP, while softness may pull rate expectations lower.
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GBPJPY GBPUSD
UK - GDP (MoM) (May)
Date:
16-Jul-26, Thu, 11:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
-0.10%
Notes:
UK monthly GDP is a timely read on domestic activity. Upside surprises can support GBP through better growth sentiment, while contraction would reinforce caution around the UK outlook.
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GBPJPY GBPUSD
US - Retail Sales (MoM) (Jun)
Date:
16-Jul-26, Thu, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.90%
Notes:
U.S. Retail Sales measure consumer spending momentum, a major driver of U.S. growth. A strong release can support USD through resilient demand, while a miss would pressure yields and growth expectations.
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USDJPY EURUSD
US - Core Retail Sales (MoM) (Jun)
Date:
16-Jul-26, Thu, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.80%
Notes:
Core Retail Sales exclude autos and provide a cleaner read on U.S. consumer demand. Stronger spending can support USD and yields, while weakness can raise concern about household momentum.
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USDJPY EURUSD
US - Philadelphia Fed Manufacturing Index (Jul)
Date:
16-Jul-26, Thu, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
10.3
Notes:
The Philadelphia Fed Manufacturing Index is an early regional signal for U.S. factory activity. A higher reading can support USD by improving growth sentiment, while a weaker print would point to manufacturing softness.
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USDJPY EURUSD
17 July 2026
EU - CPI (YoY) (Jun) - EU
Date:
17-Jul-26, Fri, 14:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
2.80%
Notes:
Euro-area CPI is a key guide for ECB policy expectations. Firmer inflation can support EUR through higher rate pricing, while a softer reading would strengthen the case for easier financial conditions.
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EURJPY EURUSD
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.
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USDJPY EURUSD