• Heavy week this week with US CPI/PPI/Retail Sales & AU Employment!
• US CPI expected @ 2.6% y/y (prev 2.4%), AU employment chg +21k and un-emp rate 4.1%.
• AUDUSD to continue consolidating with bullish bias, pivoting between 0.6506 and 0.6616
• RBA kept rates on HOLD @ 3.85%!?
• Trump smashed financial markets as he started applying high tariffs on key trading partners, Canada, the EU & Mexico.
• AUD expected to hover between 65c & 66c this week.
• USD data and AU employment mainly drive AUD.
• US CPI expected @ 2.6% y/y (prev 2.4%), +ve for the USD, -ve for AUD.
• AU Employment change expected @ +21K (prev -2.5K), with the unemployment rate staying the same @ 4.1%.
• Tariffs will still be the key theme this week and the primary driver of FX flows.
• Will Trump cause more chaos this week???
| Economic Calendar: Mon 14th July 2025 – Friday 18th July 2025 (High Impact) (AU/US) | |||||
| Day | Time(AEST) | Event | Country | Forecast | Previous |
| Tues | 10:30pm | CPI m/m | US | 0.3% | 0.1% |
| CPI y/y | US | 2.6% | 2.4% | ||
| Wed | 10:30pm | PPI m/m | US | 0.3% | 0.1% |
| Thur | 11:30am | Employment Change | AU | 21.0K | -2.5K |
| Unemployment Rate | AU | 4.1% | 4.1% | ||
| 10:30pm | Retail Sales m/m | US | 0.2% | -0.9% | |
| Unemployment Claims | US | 234K | 227K | ||
Source: forexfactory.com