Macroeconomic Calendar – FOMC Minutes in Focus

The macroeconomic calendar for the coming day is relatively light, yet a few key events warrant attention. The most significant will be the publication of the minutes from the latest FOMC meeting. At that meeting, the Federal Reserve opted to hold interest rates steady, emphasising the limited scope for imminent rate cuts. However, recent remarks from Chair Powell have suggested that rate reductions remain a possibility later this year, with September emerging as the most probable start date.

Earlier today, China's inflation rate rose to a positive 0.1% year-on-year, marking the first such increase since March. Conversely, Producer Price Index (PPI) inflation experienced a sharper decline into negative territory, indicating that disinflationary pressures persist. The Reserve Bank of New Zealand (RBNZ) maintained its interest rates, though the New Zealand Dollar (NZD) is currently being sold off against the Australian Dollar (AUD).

Today's Calendar (London Time):

11:45 AM: EMU – Speech by ECB Chief Economist Lane
1:15 PM: Germany – Speech by Bundesbank's Nagel
3:00 PM: USA – US Wholesale Inventories for May (Forecast: -0.3% m/m; Previous: 0.2% m/m)
3:30 PM: USA – US Crude Oil Inventories by DOE (Forecast: -2.6M barrels; API Reading: +7.13M barrels)
7:00 PM: USA – FOMC Minutes

AUDNZD continues a strong rebound, despite RBNZ kept interest rates unchanged, similarly to the RBA. Source: xStation5

23 July 2026, 6:51 PM

Daily Summary: Trump's War Threats Weigh on Markets. Wall Street Sinks into the Red

23 July 2026, 5:04 PM

Tensions around Iran weigh on markets!

23 July 2026, 3:15 PM

US Open: Alphabet and Tesla Weigh on Wall Street, While Oil Prices Renew Investor Concerns

23 July 2026, 2:11 PM

Wheat climbs to the highest level since May 2024 🚜 Black Sea export risks fuel rally

Economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days