... domestic demand and export opportunities. Inflation and Monetary Policy Inflation in 2025 remains above target levels in many countries, despite central banks' efforts to curb it. Further rate hikes are expected in regions like the United States and the Eurozone, while China and some emerging markets maintain a dovish monetary policy to stimulate economic growth. Global Imbalances Rising public debt: Many countries continue to borrow to support their economies, creating risks for financial system stability....

... or dovish comments could influence the Australian dollar and regional equity markets. 10:00 (MSK): Germany – Consumer Price Index (CPI) for November As Europe’s largest economy, Germany’s inflation data serves as a key indicator for the entire Eurozone. A rise in CPI could increase expectations for tighter monetary policy from the European Central Bank, while weaker numbers may justify continued caution. 15:00 (MSK): 189th OPEC Conference This major event for the oil market will see discussions ...

... largest economy in Asia. Continued easing measures from Beijing and a recovery in domestic demand could push PMI higher. Any surprises in China's PMI (such as a move into the growth zone) will affect commodity markets and currencies of emerging countries. Eurozone – Unemployment Rate (12:00 MSK): The unemployment rate for the Eurozone in June will be announced. Forecasts converge around the mark of ~6.3%, which is close to multi-year lows (it was 6.3% in May). The European labor market remains resilient ...

... ECB Review 09:00 (Germany): Industrial production volume for June. The activity level of factories and plants in Germany serves as a barometer for the industrial state of the leading EU economy. A decline in output will amplify recession fears in the eurozone, while production growth will support optimism and could bolster the euro. 11:00 (Eurozone): Economic Bulletin from the European Central Bank. The ECB will publish a detailed overview of the economic situation and inflation trends in the region,...

... Holiday). Release of Consumer Price Index (CPI) data for Switzerland for July – 09:30 Moscow time. Release of Consumer Price Index (CPI) data for Turkey for July – 10:00 Moscow time. Publication of the Sentix Investor Confidence Index (August) for the Eurozone – 11:30 Moscow time. Release of Factory Orders statistics for the US for June – 17:00 Moscow time. Publication of corporate reports, including earnings results for Q2 and the first half of 2025 from several major companies (for example, Palantir ...