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Market News

Forex headlines assembled from multiple corroborating sources and updated as stories develop. Written by the FXC Newsdesk, method explained on how it works.

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Wednesday, Jul 22
06:30 Event recap GBP

CPIH y/y comes in at 2.8% against 2.9% consensus

The UK's CPIH y/y for July registered 2.8%, falling below the 2.9% consensus. Initial market reactions for GBP pairs were generally subdued compared to historical moves.
06:30 Event recap GBP

UK CPI y/y comes in at 2.6% against 2.5% consensus

UK Consumer Price Index year over year printed at 2.6%, slightly above the 2.5% consensus. GBP pairs showed limited initial reaction.
06:30 Event recap GBP

GBP PPI Input m/m comes in at -2% against 1.9% consensus

The latest UK Producer Price Index Input month over month data showed a significant miss against expectations. Sterling pairs saw limited movement in the immediate aftermath.
06:00 Event preview AUD

Unemployment Rate (AUD) preview: Market consensus holds at 4.4%

Traders are looking ahead to the Australian Unemployment Rate release on July 23. The market consensus is for the rate to remain at 4.4%, matching the...
06:00 Event preview AUD

Australia Employment Change preview: Consensus points to moderation

Australia's Employment Change data is due, with market consensus forecasting a moderation in job growth. This high impact event historically drives significant volatility for AUD pairs.
06:00 Event preview USD

EIA Crude Oil Stocks Change preview: Consensus points to inventory build after previous draw

The upcoming EIA Crude Oil Stocks Change report is set for July 22, 2026. Market consensus anticipates an inventory build, a notable shift from the prior...
01:47 story JPY

Japan’s Finance Minister Katayama Reiterates Readiness for Currency Action, Affirms BoJ’s Policy Autonomy

Japanese Finance Minister Satsuki Katayama reaffirmed authorities' readiness to intervene in currency markets while emphasizing the Bank of Japan's independence on monetary policy.
00:15 Event recap JPY

Exports y/y (JPY) comes in at 19.3% against 27.2% consensus

Japan's Exports year over year came in below expectations at 19.3%. Initial market reaction in JPY pairs was limited.
00:15 Event recap JPY

Trade Balance (JPY) comes in at -406.9B against 72.5B consensus

Japan's Trade Balance reported a deficit of -406.9B JPY, significantly missing the 72.5B JPY surplus consensus. Initial market reaction has been limited.
00:15 Event recap JPY

Adjusted Trade Balance (JPY) comes in at -881.9B against 357.8B consensus

Japan's Adjusted Trade Balance for July 2026 reported a deficit of -881.9B JPY, significantly missing the consensus estimate of 357.8B JPY.
Tuesday, Jul 21
21:30 Daily brief GBP

Sydney Open Briefing: Wednesday, July 22, 2026

Sydney opens with a risk-on tone, Asian equities higher. South Korean PPI surprises lower. UK CPI y/y is a key release ahead.
12:30 Daily brief CHF

New York Open Briefing: Tuesday, July 21, 2026

New York opens with equity gains despite a slight risk-off tilt. MXN retail sales missed, while JPY trade data is ahead.
10:32 story EUR

German ZEW Economic Sentiment Surges to Five-Month High in July, Eurozone Sentiment Also Improves

German ZEW Economic Sentiment rose sharply in July, exceeding forecasts and reaching a five-month high, while Eurozone sentiment also improved. The Euro showed limited immediate reaction.
10:02 story GBP

UK Unemployment Rate Holds Steady at 4.9% in May, Employment Rises Amid Data Caveats

The UK's unemployment rate remained unchanged at 4.9% in May, defying expectations for an increase, while employment saw a significant rise.
08:19 story GBP

UK PM Burnham Announces Energy Bill VAT Cut Amid Funding Controversy

UK Prime Minister Andy Burnham has announced a VAT cut on energy bills starting October 1, a move estimated to cost £850 million, though its funding...
07:30 Daily brief CHF

London Open Briefing: Tuesday, July 21, 2026

Asian and early European trading saw broad equity gains and a slight risk-on tone. Mixed UK employment data and Swiss trade figures have been released, while...
06:31 Event recap GBP

Employment Change 3-months comes in at 147K against 38K consensus

GBP Employment Change 3-months significantly exceeded expectations, printing at **147K** against a **38K** consensus. Initial market reactions were varied.
06:30 Event recap GBP

Unemployment Rate (GBP) comes in at 4.9% against 4.6% consensus

The UK Unemployment Rate for July 2026 printed at 4.9%, exceeding the 4.6% consensus. Initial market reaction saw varied, generally smaller moves across GBP pairs.
06:30 Event recap GBP

UK Claimant Count Change comes in at 6.7K against 24K consensus

The UK Claimant Count Change reported an increase of 6.7K, significantly below the 24K consensus. The British Pound generally strengthened in the immediate aftermath.
06:30 Event recap GBP

UK Average Earnings Index 3m/y comes in at 4.3% against 4.6% consensus

UK Average Earnings Index 3m/y printed at **4.3%**, below the **4.6%** consensus. This release registered a **-6.5%** surprise against expectations.