... discussions continue regarding further steps from the European Central Bank : weak business surveys and the lack of a trading session in the UK create a relatively calm backdrop, but investors are closely assessing any signals that could impact the ECB's policy (such as inflation trends and regulatory comments). As autumn approaches, many expect the ECB to pause the rate hike cycle, considering the cooling economy in the Eurozone. U.S.: Business Activity and Housing Market Indicators The American ...

... implementation of new tariffs. 09:00 (Germany): Industrial Production for June. The output indicator from Germany's factories and plants; a decline in production may raise recession fears in the EU, while growth will support the euro. 11:00 (Eurozone): ECB Economic Bulletin. The regulator will publish a detailed overview of the economic situation and inflation trends in the region, clarifying the ECB's rationale after its last meeting. 14:00 (UK): Bank of England's interest rate decision and monetary ...

... solidified expectations that the Fed will not rush to cut rates, which is preventing a decline in the dollar. In the EUR/USD pair, trading hovered around $1.18–1.19 per euro: the single European currency could not significantly break above, although the ECB, in its meeting on July 24, maintained the rate at 2.1%, simultaneously hinting at inflation nearing the target. Some softness in the ECB’s rhetoric (pause in rate hikes) was offset by improving economic sentiment in Germany, resulting in the euro ...

... changes in its ultra-loose monetary policy. 09:00 (Germany) – Consumer Price Index (CPI) for July (Final Assessment): Final inflation data in Germany. Confirmation of a high inflation level will strengthen expectations for further tightening by the ECB, while a downward revision may provide relief to the European markets and reduce pressure on eurozone bonds. 11:00 – IEA Monthly Oil Market Report: The International Energy Agency publishes its perspective on the balance of supply and demand in ...

... Crude Oil Stock Change. Changes in crude oil inventories impact energy prices, directly affecting oil companies and the broader economy. Speeches by central bank representatives, including Williams, Kugler, Goolsbee (Federal Reserve), and Cipollone (ECB), may provide additional signals regarding future monetary policy. European Impact: Inflation in Turkey and Switzerland: Turkey: Rising inflation could lead to higher interest rates, potentially causing capital outflows from Europe to Turkey, affecting ...