π *π
Week's Main Events (August 26 β August 30)*
βͺοΈ *Key Focus: US PCE Price Report π**
- The Federal Reserveβs preferred inflation measure.
- Expected to stay unchanged, supporting a 0.25% rate cut in September.
*βͺοΈ*Eurozone & Australia Inflation ππ¦πΊ**
- Eurozone core inflation might drop from 2.6% to 2.3%.
- Australiaβs inflation could influence RBAβs decision on rate hikes.
π **Monday, August 26 π
**
- **US Durable Goods Orders (15:30 GMT+3) πΊπΈ**
Watch for growth as it may lead to currency appreciation π΅.
π **Tuesday, August 27 π
**
- **German GDP (09:00 GMT+3) π©πͺ**
Expected to decline by 0.1% annually π.
*π*Wednesday, August 28 π
**
- **Australia CPI (04:30 GMT+3) π¦πΊ**
Expected drop from 3.8% to 3.6%.
- **US Crude Oil Reserves (17:30 GMT+3) π’οΈ**
Increased inventories may impact oil prices β½.
π *Thursday, August 29 π
**
- **German CPI (15:00 GMT+3) π©πͺ**
Expected to weaken, which could pressure the euro πΆ.
- **US GDP (15:30 GMT+3) πΊπΈ**
Expected 2.8% growth, potentially strengthening the dollar π΅.
π **Friday, August 30 π
**
- **US PCE Price Index (15:30 GMT+3) πΊπΈ**
Expected unchanged; critical for Fed policy π.
- **Eurozone Inflation Data (all day) πͺπΊ**
Crucial for the ECBβs September rate decision.
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