Quantwater Tech Investments
Key Economic Events: Week Of 20th July 2026
Release Date: 20th July 2026

20 July 2026

JP - Holiday - Marine Day

Date: 20-Jul-26, Mon, All Day Currency: JPY Importance: 1 Forecast: - Previous: - Notes: Marine Day is a Japanese public holiday. Domestic market participation may be lighter, which can reduce local liquidity and leave JPY more sensitive to moves in global yields and risk sentiment. Learn More: Wikipedia

21 July 2026

UK - Average Earnings Index +Bonus (May)

Date: 21-Jul-26, Tue, 11:30 IST Currency: GBP Importance: 2 Forecast: Link Previous: 4.40% Notes: UK earnings growth is a key guide to domestic inflation pressure and Bank of England policy. A stronger reading can support GBP through firmer rate expectations, while softer pay growth would strengthen the case for easing. Learn More: GBPJPY GBPUSD

22 July 2026

UK - CPI (YoY) (Jun)

Date: 22-Jul-26, Wed, 11:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: 2.80% Notes: UK annual CPI is the main inflation signal for Bank of England expectations. A sticky or higher reading can lift GBP and gilt yields, while softer inflation would make policy easing easier to price. Learn More: GBPJPY GBPUSD

UK - CPI (MoM) (Jun)

Date: 22-Jul-26, Wed, 11:30 IST Currency: GBP Importance: 2 Forecast: Link Previous: 0.20% Notes: UK monthly CPI shows the latest pace of price changes. An upside surprise can support GBP by reinforcing near-term inflation concerns, while a weak print would point to easing price pressure. Learn More: GBPJPY GBPUSD

US - Crude Oil Inventories

Date: 22-Jul-26, Wed, 20:00 IST Currency: USD Importance: 2 Forecast: Link Previous: -1.692M Notes: U.S. crude inventories provide a timely read on the oil supply-demand balance. A larger draw can support oil prices and energy-linked inflation expectations, while a build may weigh on crude and related risk sentiment. Learn More: USDJPY EURUSD

23 July 2026

EU - ECB Interest Rate Decision (Jul)

Date: 23-Jul-26, Thu, 17:45 IST Currency: EUR Importance: 3 Forecast: 2.40% Previous: 2.40% Notes: The ECB rate decision will shape the near-term EUR policy outlook. A hawkish hold or less-dovish guidance can support EUR, while a cut or stronger easing signal would pressure euro-area yields and the currency. Learn More: EURJPY EURUSD

EU - Deposit Facility Rate (Jul)

Date: 23-Jul-26, Thu, 17:45 IST Currency: EUR Importance: 3 Forecast: 2.25% Previous: 2.25% Notes: The ECB deposit facility rate anchors short-term euro money-market conditions. Any surprise relative to expectations can move EUR quickly, while unchanged settings shift attention to the policy statement and guidance. Learn More: EURJPY EURUSD

US - Initial Jobless Claims

Date: 23-Jul-26, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 208K Notes: Initial Jobless Claims are a high-frequency measure of U.S. labour-market conditions. Lower claims can support USD through resilient growth expectations, while a material rise may pull yields and the dollar lower. Learn More: USDJPY EURUSD

EU - ECB Press Conference

Date: 23-Jul-26, Thu, 18:15 IST Currency: EUR Importance: 3 Forecast: Link Previous: - Notes: The ECB press conference provides context on inflation, growth and the future rate path. Changes in President Lagarde's tone can create significant EUR volatility even when the policy rates are unchanged. Learn More: EURJPY EURUSD

24 July 2026

UK - Core Retail Sales (YoY) (Jun)

Date: 24-Jul-26, Fri, 11:30 IST Currency: GBP Importance: 2 Forecast: Link Previous: 4.60% Notes: UK core retail sales year-on-year indicate the underlying trend in consumer demand excluding fuel. Stronger spending can support GBP through better growth expectations, while weakness would highlight household caution. Learn More: GBPJPY GBPUSD

UK - Core Retail Sales (MoM) (Jun)

Date: 24-Jul-26, Fri, 11:30 IST Currency: GBP Importance: 2 Forecast: Link Previous: 1.20% Notes: UK monthly core retail sales provide a cleaner near-term read on consumer demand excluding fuel. An upside surprise can support GBP, while a decline would raise concern about domestic momentum. Learn More: GBPJPY GBPUSD

UK - Retail Sales (MoM) (Jun)

Date: 24-Jul-26, Fri, 11:30 IST Currency: GBP Importance: 2 Forecast: Link Previous: 1.20% Notes: UK retail sales measure monthly household spending on goods. Stronger sales can lift GBP by improving the growth outlook, while a miss may reinforce expectations for easier Bank of England policy. Learn More: GBPJPY GBPUSD

UK - S&P Global Services PMI (Jul) - UK

Date: 24-Jul-26, Fri, 14:00 IST Currency: GBP Importance: 3 Forecast: Link Previous: 48.8 Notes: The UK services PMI is a timely gauge of the economy's largest sector. A move above 50 would signal expansion and can support GBP, while continued contraction would weigh on the growth outlook. Learn More: GBPJPY GBPUSD

UK - S&P Global Composite PMI (Jul) - UK

Date: 24-Jul-26, Fri, 14:00 IST Currency: GBP Importance: 3 Forecast: Link Previous: 49.3 Notes: The UK composite PMI combines services and manufacturing activity. A reading above 50 signals broad expansion and can support GBP, while a weaker result would point to softer private-sector momentum. Learn More: GBPJPY GBPUSD

UK - S&P Global Manufacturing PMI (Jul) - UK

Date: 24-Jul-26, Fri, 14:00 IST Currency: GBP Importance: 3 Forecast: Link Previous: 52.5 Notes: The UK manufacturing PMI tracks factory-sector activity. Continued expansion can support GBP at the margin, while a sharp slowdown would weaken confidence in the broader growth picture. Learn More: GBPJPY GBPUSD

US - S&P Global Manufacturing PMI (Jul)

Date: 24-Jul-26, Fri, 19:15 IST Currency: USD Importance: 3 Forecast: Link Previous: 53.9 Notes: The U.S. manufacturing PMI offers an early read on factory activity, orders and prices. A stronger release can support USD and yields, while a downside surprise would point to slowing industrial momentum. Learn More: USDJPY EURUSD

US - S&P Global Services PMI (Jul)

Date: 24-Jul-26, Fri, 19:15 IST Currency: USD Importance: 3 Forecast: Link Previous: 51.2 Notes: The U.S. services PMI is a timely signal for the dominant part of the economy. Firmer activity can support USD through resilient growth expectations, while weakness may revive policy-easing bets. Learn More: USDJPY EURUSD

US - New Home Sales (Jun)

Date: 24-Jul-26, Fri, 19:30 IST Currency: USD Importance: 3 Forecast: Link Previous: 580K Notes: New Home Sales measure demand in the interest-rate-sensitive U.S. housing market. Stronger sales can support USD through improved growth sentiment, while weakness would indicate pressure from financing costs. Learn More: USDJPY 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

Past Blog Posts