... release the minutes from its latest meeting, providing insights into the central bank's monetary policy stance. Investors will look for indications of future interest rate changes, which can influence the British pound and UK financial markets. 13:30 GMT: Canada – GDP for Q3 2024 Canada will publish its GDP data for the third quarter. This report will provide insights into the country's economic health. Strong GDP growth may bolster the Canadian dollar and impact trade relations with the United States. Central ...

... Conversely, if inflation exceeds expectations again or remains on the same level, the Fed's rhetoric will likely remain hawkish, potentially provoking sell-offs amid fears of further tightening. 15:30 (USA) – Trade Balance (July, Preliminary) and Canada GDP (Q2 2025): Alongside inflation, the USA will publish preliminary trade balance data for July. A reduction in trade deficit may slightly boost Q3 GDP estimates, while an expanding deficit (especially with declining exports) will signal negative impacts ...

... Conversely, an expansion of the trade deficit—especially if driven by a decline in exports—would signal weakness in external demand and the impact of global factors on the U.S. economy, potentially dampening investor optimism regarding growth rates. Canada: GDP for Q2 2025 Concurrently with the U.S. data (15:30 MSK), Canada’s quarterly GDP report for the second quarter of 2025 will be released. Analysts expect growth in the Canadian economy to slow during the second quarter amid persistent high interest ...

... universities globally, generating a stream of startup founders and innovations (e.g., Stanford, MIT, Oxford, etc.). Israel leads in the percentage of engineers and scientists, largely due to universal technical training in the military and investment of ~5% of GDP in R&D. Canada and Germany attract talent through immigration visas for specialists. The quality of STEM education (science, technology, engineering, and mathematics) correlates with the emergence of tech startups. Additionally, a culture of entrepreneurship ...

... the most substantial impact on the market. Inflation Data and Central Bank Policies: Reports on CPI from several countries (Canada, the UK, the Eurozone, Russia, Japan) take precedence. These figures will showcase how successfully authorities are curbing ... ... for all asset classes. Indicators of Economic Growth and Business Activity: Preliminary PMIs worldwide, as well as Germany's GDP, are key to understanding whether the global economy is slowing. If business activity indices confirm contraction in Europe's ...