Key Market Events This Week: Markets are expected to move actively this week as key economic data is released.
including Japan’s industrial activity, the Eurozone trade balance, and Canada’s inflation figures,
and the Federal Reserve’s meeting minutes.
Investors also await PMI and retail sales data from Europe, the UK, and the United States.
At the same time, significant assets such as USD/JPY, gold, EUR/USD, EUR/AUD,
and the Dow Jones index are showing technical signals that could open the door to short-term trading opportunities amid anticipated volatility.
Content
Economic Calendar
Monday, August 18, 2025
08:30 – Japan
Tertiary Industry Activity Index (MoM)
13:00 – Eurozone
Trade Balance
Tuesday, August 19, 2025
16:30 – Canada
Consumer Price Index (MoM)
Median CPI (YoY)
Trimmed CPI (YoY)
Wednesday, August 20, 2025
06:00 – New Zealand
Official Cash Rate
RBNZ Monetary Policy Statement
RBNZ Rate Statement
07:00 – New Zealand
RBNZ Press Conference
10:00 – UK
Consumer Price Index (YoY)
22:00 – United States
Federal Reserve Meeting Minutes
Thursday, August 21, 2025
11:30 – Eurozone
German Flash Manufacturing PMI
11:30 – Eurozone
German Flash Services PMI
12:30 – UK
Flash Manufacturing PMI
12:30 – UK
Flash Services PMI
16:30 – United States
Weekly Jobless Claims
17:45 – United States
Flash Manufacturing PMI
17:45 – United States
Flash Services PMI
Friday, August 22, 2025
10:00 – UK
Retail Sales (MoM)
16:30 – Canada
Core Retail Sales (MoM)
16:30 – Canada
Retail Sales (MoM)
USDJPY
The USDJPY pair is trading around 147.11, with ongoing volatility due to weakness in the US dollar and Japanese yen.
This is driven by weak US data and Japan’s continuation of its ultra-loose monetary policy.
Technically, the pair rebounded from the 146.73 support level, supporting the upward move toward the upper end of the range at 148.46.
Gold
Gold saw some declines at the end of last week, pressured by the strong rally in US equities,
which weighed negatively on the yellow metal.
Gold is retesting the key support level at 3330, which could support a rebound toward 3374.
However, if 3330 is broken and closes below it, selling pressure may extend toward 3300 and then 3280.
EURUSD
The euro rebounded against the US dollar following weak US data,
with the pair reaching 1.1703 and showing signs of a possible breakout.
This could support continued upside toward 1.1800 and 1.1830.
A bearish scenario would be confirmed if reversal signals appear near current levels,
which could trigger a corrective move back to 1.1650 to retest the ascending trendline.
EURAUD
The EURAUD pair is trading at 1.7978 after closing above the key resistance at 1.7961.
This strengthens the bullish outlook, especially with euro support following GDP data that met expectations.
The pair is likely to continue higher, targeting 1.8092.
Dow Jones
Despite negative economic data, optimism continues to dominate US equities.
Rising expectations of a Fed rate cut in September helped the Dow Jones hit a new record high last week.
However, a renewed close below 45,000 increases the probability of a downward correction due to profit-taking after earnings season.
This could open the way for a retest of 44,000 before resuming the upward trend.
Key Market Events This Week