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August 26, 2026
Preview: Due August 27 - U.S. July Advance Goods Trade Balance - Wider in nominal and real terms
August 26, 2026 2:08 PM UTC
We expect a July advance goods trade deficit of $105.0bn, up from $101.4bn in June but slightly below the $105.3bn seen in May. May saw the widest deficit since the record $158.7bn of March 2025 immediately before the reciprocal tariffs were announced.
U.S. July and revised Q2 Core PCE Prices on the firm side, Income and Spending also exceed expectations
August 26, 2026 1:37 PM UTC
While July’s core PCE price index came in at 0.2% as expected, before rounding the rise was 0.246%. Q2’s core PCE price index was revised up to 3.6% annualized from 3.4%, making the data a modest disappointment, which will sustain Fed inflationary worries, though is not quite enough to make a Se
U.S. July and revised Q2 Core PCE Prices on the firm side, Income and Spending also exceed expectations
August 26, 2026 1:37 PM UTC
While July’s core PCE price index came in at 0.2% as expected, before rounding the rise was 0.246%. Q2’s core PCE price index was revised up to 3.6% annualized from 3.4%, making the data a modest disappointment, which will sustain Fed inflationary worries, though is not quite enough to make a Se
August 25, 2026
FOMC Discount Rate minutes show four districts backed a July hike
August 25, 2026 6:44 PM UTC
Minutes from the Fed’s discount rate meetings shortly before the July FOMC meeting show a not very hawkish 4 votes (out of 12) to increase the Discount Rate, from the Cleveland, Dallas, Kansas City and Minneapolis Feds.