When it comes to navigating the world of foreign exchange and international payments, knowledge is your best ally. That's why we've compiled a guide to the key dates and financial events in August 2025 to be aware of when making cross-border payments.
Whether you're a seasoned trader or just dipping your toes into the financial waters, understanding these economic indicators can make a significant impact, and allow you to make informed financial decisions.
Read on to stay informed and discover how we can empower your international financial transactions, or visit our Economic Calendar for August.
The month opens with US NFP (non-farm payrolls) front and centre, providing the first major test of job market resilience following the Fed's July hold. With Chair Powell emphasising data dependency, any softness in employment could fuel September cut expectations, pressuring the USD. Eurozone and UK PMI finals should be largely ignored unless they deviate significantly from flash estimates. We also have CPI numbers from Europe.
Central bank action takes centre stage with the BoE decision dominating. After recent weak retail sales and mounting recession fears, markets are pricing in aggressive easing—but Bailey may push back against overly dovish expectations. Any hawkish surprise could provide GBP relief after weeks of selling pressure. Eurozone GDP revisions should confirm the sluggish Q2 picture, keeping pressure on the ECB to maintain accommodation. German industrial production offers another chance to gauge manufacturing weakness, with the EUR vulnerable if the data disappoints. The USD is likely to stay supported on relative policy divergence.
Read more about key events here - When is the next BoE interest rate decision?
Inflation week arrives with US CPI the marquee event. Given Powell's recent emphasis on data dependency, any softer-than-expected print could trigger USD weakness as September cut bets intensify. The Fed's preferred core reading will be crucial—sustained moderation toward target could shift the narrative. UK CPI offers another test for the beleaguered pound, with any upside surprise potentially slowing BoE easing expectations. US retail sales provide a consumer spending pulse check, critical for the Q3 growth trajectory. The bar for USD strength remains high without convincing data beats.
Jackson Hole Symposium preparation begins, with Fed officials likely positioning ahead of Powell's keynote. Eurozone flash CPI headlines the European agenda—any upside surprise could help the EUR extend recent gains, but with the ECB's cutting cycle nearly complete, the currency remains vulnerable to softer data. US PPI offers another inflation data point, though markets will focus more on upcoming Jackson Hole signals. German business sentiment via the IFO could provide early Q3 guidance, with the EUR needing strong data to break higher. Liquidity may thin ahead of the symposium.
Jackson Hole dominates, with Powell's keynote the week's defining moment. Historical precedent suggests major policy shifts are often announced here, making this speech critical for September FOMC expectations. Any dovish pivot could trigger significant USD weakness across G10, while hawkish resistance keeps the greenback bid. US Core PCE provides the Fed's preferred inflation gauge ahead of Powell's speech and may influence his tone. German CPI preliminaries and month-end flows add further volatility potential. With summer liquidity constraints, markets remain vulnerable to outsized moves on any Jackson Hole surprises.
Now that you're aware of the key economic events taking place in 2025, let's talk about how Equals Money can elevate your international payments experience. Our service is designed to make your life easier and transactions smoother.
In conclusion, staying informed about key economic calendar indicators, events, and dates is vital for making informed financial decisions. Whether you're monitoring GBP, EUR, or USD, these dates can significantly impact your currency exchange rates.
For the dates, events, and economic indicators that matter most to businesses, investors, and economic enthusiasts. Our Economic Calendar offers comprehensive insights into the meaningful indicators influencing market movements and FX rates across the UK, US, and EU.
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