- US ISM Manufacturing PMI (July) (August 2nd at 15:00 GMT+1)
June’s PMI printed at 60.6. The consensus forecast for July is 60.4.
Possible influence: Volatile US Dollar, Gold and US Stocks
- The Reserve Bank of Australia Meeting (August 3rd at 5:30 GMT+1)
Current rates in Australia are 0.10%. The bank is expected to leave rates unchanged.
Possible Influence: Volatile AUD
- Bank of England Meeting (August 5th at 12:00 GMT+1)
The current rate is 0.10% and is expected to remain at this level.
Possible Influence: Volatile GBP
- U.S. Unemployment Rate and Non-Farm Payrolls (NFP) (July) (August 6th at 13:30 GMT+1)
The Unemployment rate for June was 5.9%. It is expected to fall to 5.8% in July. Non-Farm Payrolls are expected to print up 900,000 for July, higher than June’s figure of 850,000.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Inflation data in US (July) (August 11th at 13:30 GMT+1)
Core CPI (excluding food and energy) was 4.5%, Year-over-Year in June. July’s Core CPI expected to come in at 4.4%, Year-over-Year.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Retail Sales in US (July) (August 17th at 13:30 GMT+1)
Retail Sales fell 0.6%, Month-over-Month, in June.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- US EARNINGS SEASON (August 1 - August 31, 2021)
2nd Quarter earnings season continues in August. Some of the companies reporting in August include General Motors, Uber, Moderna, Virgin Galactic, Nio, Nvidia, AirBNB, and Ebay.
Possible Influence: US Stocks and Indices
- Jackson Hole Economic Policy Symposium (August 26-28)
Each summer, leading economists, bankers, government policymakers , academics, and other corporate leaders meet in Jackson Hole, Wyoming to attend seminars, network, and share ideas. The event is usually attended by the Chairman of the U.S. Federal Reserve, and he normally speaks at the event.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- U.S. Fiscal Spending (August)
Senate Democrats insist they are committed to getting an infrastructure bill as well as a social spending bill through Congress before the August recess. The proposed total of the two bills exceed $4 trillion. It is not certain at the time of this writing whether or not the Democrats have the votes to pass it all. But it is probable they will pass some fraction of it.
Possible Influence: Volatile US Stocks and Indices, Global Stocks and Indices, Commodities, Currencies
- Iranian and US negotiations on nuclear deal (Talks expected to continue in August)
Talks expected to continue some time in August.
Possible Influence: Volatile Brent, Crude Oil prices