{"id":1248,"date":"2026-08-12T07:53:47","date_gmt":"2026-08-12T07:53:47","guid":{"rendered":"https:\/\/goontrading.com\/en\/economic-calendar-us-inflation-key-for-markets-todays-most-important-data-release-of-the-week\/"},"modified":"2026-08-12T07:53:47","modified_gmt":"2026-08-12T07:53:47","slug":"economic-calendar-us-inflation-key-for-markets-todays-most-important-data-release-of-the-week","status":"publish","type":"post","link":"https:\/\/goontrading.com\/en\/economic-calendar-us-inflation-key-for-markets-todays-most-important-data-release-of-the-week\/","title":{"rendered":"Economic Calendar: US Inflation Key for Markets \u2014 Today\u2019s Most Important Data Release of the Week"},"content":{"rendered":"

\ud83d\ude80 Experience Ultra-Low Latency Trading<\/a> — \ud83d\udee1\ufe0f Trade with a Regulated Global Broker<\/a><\/strong><\/p>\n

\u00a0<\/p>\n

\n

Wednesday\u2019s trading session in financial markets will be dominated by key consumer inflation (CPI) releases. The main focus for global investors will be this afternoon\u2019s US CPI reading for July. The data will have a direct impact on expectations for the Federal Reserve\u2019s interest-rate path at upcoming meetings. Earlier in the day, markets will assess Germany\u2019s final inflation figures, which will provide a clearer picture of price pressures in the eurozone\u2019s largest economy. Given today\u2019s data releases, elevated volatility is expected across FX markets, equity indices, and government bond yields.<\/span><\/span><\/span><\/p>\n

Macroeconomic Calendar<\/b><\/span><\/span><\/span><\/h3>\n
    \n
  • \n

    08:00 Germany \u2013 Final CPI inflation (YoY) for July: 2.8%. <\/b>Consensus: 2.8%. Previous: 2.3%.<\/b><\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    08:00 Germany \u2013 Final HICP inflation (YoY) for July: 2.8%. <\/b>Consensus: 2.8%. Previous: 2.4%.<\/b><\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    08:00 Germany \u2013 Final CPI inflation (MoM) for July: 0.8%. Consensus: 0.8%. Previous: -0.3%.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    08:00 Romania \u2013 CPI inflation (YoY) for July. Consensus: 7.9%. Previous: 10.4%.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    09:00 Poland \u2013 BIEC Future Inflation Indicator for August. Consensus: N\/A. Previous: 88.7.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    10:00 Italy \u2013 Final CPI inflation (YoY) for July. Consensus: 2.8%. Previous: 3.0%.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    13:00 US \u2013 Weekly Mortgage Applications. Consensus: N\/A. Previous: -2.9%.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    14:30 US \u2013 CPI inflation (YoY) for July. <\/b>Consensus: 3.4%. Previous: 3.5%.<\/b><\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    14:30 US \u2013 Core CPI inflation (YoY) for July. <\/b>Consensus: 2.5%. Previous: 2.6%.<\/b><\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    14:30 US \u2013 CPI inflation (MoM) for July. Consensus: 0.1%. Previous: -0.4%.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    14:30 US \u2013 Core CPI inflation (MoM) for July. Consensus: 0.2%. Previous: 0.0%.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    14:30 Canada \u2013 Building Permits (MoM) for June. Consensus: -1.0%. Previous: -1.7%.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    16:30 US \u2013 Weekly DOE crude oil inventories. Consensus: -0.5 million barrels. Previous: +2.48 million barrels.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    16:30 US \u2013 Weekly DOE gasoline inventories. Consensus: -1.6 million barrels. Previous: -1.64 million barrels.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

  • \n

    20:00 US \u2013 Federal Budget Balance for July. Consensus: -USD 295 billion. Previous: -USD 120.3 billion.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n<\/ul>\n

    3 Markets to Watch<\/b><\/span><\/span><\/span><\/h3>\n
      \n
    1. \n

      EUR\/USD<\/b> \u2013 The US CPI release at 14:30 will be the main volatility catalyst for the currency pair. A lower-than-expected reading could weaken the US dollar and support a move toward resistance levels, while higher inflation would likely strengthen the greenback.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

    2. \n

      S&P 500 (US500)<\/b> \u2013 Any surprises in the US inflation data will affect expectations for the Fed\u2019s interest-rate path, with a direct impact on investors\u2019 risk appetite and equity valuations.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n

    3. \n

      Crude Oil (WTI \/ Brent)<\/b> \u2013 The DOE fuel inventory report at 16:30 will provide an update on US demand during the peak driving season. With crude inventories expected to decline by 0.5 million barrels, the data could provide a catalyst for further moves in oil prices.<\/span><\/span><\/span><\/span><\/p>\n<\/li>\n<\/ol>\n<\/div>\n

      XTB.COM<\/p>\n","protected":false},"excerpt":{"rendered":"

      \ud83d\ude80 Experience Ultra-Low Latency Trading — \ud83d\udee1\ufe0f Trade with a Regulated Global Broker \u00a0 Wednesday\u2019s trading session in financial markets will be dominated by key consumer inflation (CPI) releases. The main focus for global investors will be this afternoon\u2019s US CPI reading for July. The data will have a direct impact on expectations for the …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-1248","post","type-post","status-publish","format-standard","","category-gold-commodities-trade-news"],"_links":{"self":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts\/1248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/comments?post=1248"}],"version-history":[{"count":0,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts\/1248\/revisions"}],"wp:attachment":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/media?parent=1248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/categories?post=1248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/tags?post=1248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}