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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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: 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. Learn More: USDJPY EURUSD

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