Today's economic indicators present a mixed outlook for the respective currencies. While the US shows signs of strengthening with better-than-expected durable goods orders, the Australian data remains pending, creating uncertainty. These factors play crucial roles in currency evaluation and should be closely monitored.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
Monthly CPI Indicator (Jul) | 2025-08-27 01:30:00 | 1.9% | -- | 2.3% | -- | High |
๐ Interpretation: The expected rise in the CPI indicator suggests inflationary pressures in Australia, which could lead to tighter monetary policy by the Reserve Bank of Australia if confirmed by the actual data.
๐ฃ๏ธ Economic Impact: An increase in CPI may support the AUD as higher inflation may prompt an interest rate hike.
Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
---|---|---|---|---|---|---|
Durable Goods Orders ex Defense MoM (Jul) | 2025-08-26 12:30:00 | -9.5% | -2.5% | -3.6% | 7% | High |
Durable Goods Orders Ex Transp MoM (Jul) | 2025-08-26 12:30:00 | 0.3% | 1.1% | 0.2% | 0.8% | High |
Durable Goods Orders MoM (Jul) | 2025-08-26 12:30:00 | -9.4% | -2.8% | -4% | 6.6% | High |
๐ Interpretation: The robust performance in durable goods orders, particularly excluding transportation, signals potential resilience in the US manufacturing sector, which could boost economic confidence.
๐ฃ๏ธ Economic Impact: Better-than-expected orders may lead to upward pressure on the USD as they indicate potential economic growth, supporting the Federal Reserve's current policy stance.
โ The US economic data is broadly positive, likely supporting the USD in the short term. The awaited Australian CPI data leaves the AUD's direction uncertain, potentially applying downside pressure, contingent on inflationary developments.