A Week Full of Economic Data and Decisions: Markets brace for a week full of economic data and decisions.
Packed with key events from central bank policies and inflation reports to employment data.
Geopolitical tensions continue to fuel oil and gold rallies,
while currencies and indices react with heightened volatility.
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Economic events
This week has impactful releases, shaping a pivotal week for global markets.
Key highlights include:
Tuesday, June 17, 2025
15:30 – USA – Core Retail Sales (MoM)
15:30 – USA – Retail Sales (MoM)
Wednesday, June 18, 2025
09:00 – UK – Consumer Price Index (YoY)
15:30 – USA – Weekly Jobless Claims
18:15 – Canada – Bank of Canada Governor Speech
21:00 – USA – Federal Reserve Interest Rate Decision
21:30 – USA – Federal Reserve Press Conference
Thursday, June 19, 2025
01:45 – New Zealand – GDP (Quarterly)
04:30 – Australia – Employment Change
04:30 – Australia – Unemployment Rate
10:30 – Switzerland – SNB Monetary Policy Assessment
10:30 – Switzerland – SNB Interest Rate Decision
14:00 – UK – Bank of England Interest Rate Decision
Friday, June 20, 2025
09:00 – UK – Retail Sales (MoM)
09:40 – Japan – Bank of Japan Governor Speech
Oil
Oil prices saw substantial gains over the past week as geopolitical tensions escalated
and concerns rose over potential disruptions to Iranian oil supplies.
Prices surged noticeably, closing above the resistance level of $72,
If tensions persist, this reinforces expectations for a continued upward move toward $80.
Gold
Gold benefited from its status as a safe-haven asset,
rising amid increased volatility and geopolitical uncertainty.
It closed at $2,433, continuing the correction of the recent bearish wave.
Current price action indicates the potential for further gains toward the historical high at $3,500,
as long as trading remains above the $3,400 resistance level.
EURUSD
Despite some gains by the U.S. dollar against a basket of currencies last week,
It weakened again against the euro.
The pair is currently trading near the critical resistance level of 1.1550.
A daily close above this level could push the pair further toward 1.1700.
However, if reversal signals appear at the current zone, a downward correction toward 1.1300 may be seen.
Dow Jones
U.S. stock markets saw sharp declines at the end of last week,
Driven by escalating political tensions.
The Dow Jones index lost more than 700 points.
It closed again below the resistance level at 42,800,
supporting the continuation of the downward correction toward the next support at 41,335.
GBPJPY
After last week’s sideways movement, the GBPJPY pair trades around 195.53.
It faces strong resistance near 196.00. Expecting a recovery in the Japanese yen as a safe-haven,
the pair may head downward toward the next support at 191.99.
However, if the price breaks and holds above 196.00, the uptrend may continue toward 199.75.
A Week Full of Economic Data and Decisions