• Heavy week for the US market, no major AU data. Key headliners: US CPI & Employment!
• US CPI expected (TBA), US emp change expected @ +50K & unemp rate @ 4.5% (prev 4.4%).
• AUDUSD still in bullish consolidation (broke resistance), pivoting between 0.6609 & 0.6687.
• RATE CUT, RATE HIKE??
• The RBA announced last week that a rate hike is more likely to happen in 2026 than a rate cut, saw AUDUSD shoot up to 66.5c.
• This is potentially positive news for the AUD as it will invite increased capital flows into the AUD, driving the AUD higher in 2026.
• However, in the absence of AU data, we have the US market headlining the economic data this week.
• US CPI is expected, however, TBA at the time of writing, previous =3.0%.
• US employment expected @ +50K change and unemployment rate @ 4.5% (prev 4.4%), this is overall -ve for the USD.
• USD to dominate the charts this week!
| Economic Calendar: Mon 15th December 2025 – Friday 19th December 2025 (High Impact) (AU/US) | |||||
| Day | Time(AEST) | Event | Country | Forecast | Previous |
| Wed | Tentative | ADP Weekly Employment Change | US | TBA | 4.8K |
| 12:30am | Average Hourly Earnings m/m | US | 0.3% | 0.2% | |
| Core Retail Sales m/m | US | 0.2% | 0.3% | ||
| Non-Farm Employment Change | US | 50K | 119K | ||
| Retail Sales m/m | US | 0.2% | 0.2% | ||
| Unemployment Rate | US | 4.5% | 4.4% | ||
| 1:45am | Flash Manufacturing PMI | US | 52.3 | 52.2 | |
| Flash Services PMI | US | 54.0 | 54.1 | ||
| Fri | 12:30am | CPI y/y | US | TBA | 3.0% |
| Unemployment Claims | US | 224K | 236K | ||
Source: forexfactory.com