August 21, 2023

Weekly Economic Calendar

Foreign Exchange

August 20 – August 25, 2023 Economic report and policy meetings

 

August 20

New Zealand: Balance of Trade – July

Thailand – GDP Growth Rate (QoQ) – 2nd Qtr., GDP Growth Rate (YoY) – 2nd Qtr

August 21

Canada: New Housing Price Index (YoY) - July

Euro-Zone: Spain: Consumer Confidence – July

South Africa: BRICS Summit

South Korea: Consumer Confidence – August

Switzerland: Balance of Trade - July

U.K.: Public Sector Net Borrowing- July

U.S.: 3-Month and 6-Month Bill Auction

 

August 22

Australia: Judo Bank Manufacturing Purchasing Managers Index (PMI) Flash – August, Judo Bank Services PMI Flash – August

Netherlands: Consumer Confidence – August

New Zealand: Retail Sales (QoQ) – 2nd Qtr.

South Africa: BRICS Summit

South Korea: Business Confidence – August

U.S.: Existing Home Sales (MoM) – July, Federal Reserve’s Barkin Speech, Federal Reserve’s Bowman Speech, Federal Reserve’s Goolsbee Speech

 

 

August 23

Canada: Retail Sales (MoM) – June

Euro-Zone: HCOB Manufacturing Purchasing Managers Index (PMI) Flash – August, HCOB Services PMI Flash – August, France: HCOB Manufacturing Purchasing Managers Index (PMI) Flash – August, HCOB Services PMI Flash – August, Germany: HCOB Manufacturing Purchasing Managers Index (PMI) Flash – August, HCOB Services PMI Flash – August, Euro-Zone: Consumer Confidence Flash – August, New Home Sales (MoM) – July, France: Business Confidence – August

Japan: Foreign Bond Investment – August 19th

South Africa: Inflation Rate (MoM) – July, Inflation Rate (YoY) – July, BRICS Summit

South Korea: Interest Rate Decision

U.K.: S&P Global/CIPS Manufacturing Purchasing Managers Index (PMI) Flash – August, S&P Global /CIPS Services PMI Flash – August

U.S.: Jackson Hole Symposium, S&P Global Composite Purchasing Managers Index (PMI) Flash – August, S&P Global Manufacturing PMI Flash – August, S&P Global Services PMI Flash – August, MBA 30-Year Mortgage Rate (August 18), MBA Survey Indexes - Mortgage Market Index, Mortgage Applications (August 18), Mortgage Market Change, Mortgage Refinance Index, Refinancing Change, MBA Mortgage Approvals (August 18), Department of Energy (DOE) U.S. Crude Oil Inventories (August 18), DOE Cushing OK Crude Inventory (August 18), DOE U.S. Gasoline Inventories (August 18), DOE U.S. Distillate Inventory (August 18), DOE U.S. Refinery Utilization (August 18), DOE Crude Oil Implied Demand (August 18), Gasoline Implied Demand (August 18), Distillate Implied Demand (August 18), API Crude Oil Stock Change (August 18)



August 24

Euro-Zone: Germany: GDP Growth Rate (YoY) Final – 2nd Qtr., GDP Growth Rate (QoQ) Final – 2nd Qtr., France: Consumer Confidence

Indonesia: Interest Rate Decision

Mexico: Mid-month Inflation Rate (MoM) – August, Mid-month Inflation Rate – August, Monetary Policy Meeting Minutes

Poland: Unemployment Rate – July

U.K.: GfK Consumer Confidence - August

U.S.: Jackson Hole Symposium, Durable Goods Orders (MoM) – July, Durable Goods Excluding Transportation (MoM) – July, Chicago Federal Reserve National Activity Index – July, Continuing Jobless Claims – August 12, Initial Jobless Claims – August 19

Central bankers, policy makers, academics, and economists descend on Jackson Hole, Wyo., for Federal Reserve Bank of Kansas City’s annual economic policy symposium. Federal Reserve Chairman Jerome Powell speaks on Friday.

 

August 25

Euro-Zone: Germany: Ifo Business Climate – August, France: Unemployment Benefit Claims – July

Mexico: GDP Growth Rate (YoY) Final – 2nd Qtr.

U.S.: University of Michigan Consumer Sentiment Final – August, Jackson Hole Symposium, Federal Reserve’s Powell Speech, ECB President Lagarde Speech, Baker Hughes U.S. Rig Count – August 25

The University of Michigan releases the final results of its August survey of consumers on Friday. A consumer sentiment index reading of 71.2, as expected by economists surveyed by FactSet, would be essentially unchanged from July.

 

Bold denotes likely market-moving newsflash which traders consider significant to foreign exchange levels or otherwise important/noteworthy information, i.e., market holiday’s which will affect standard settlement dates.

 

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