Economic Calendar Digest: 2026-07-21
Today's economic calendar is relatively light on high-impact (★★★) events. Traders should focus on the US Existing Home Sales data for June, which provides a key read on the health of the US housing market. Additionally, Canada's Industrial Product Price (IPPI) and Raw Materials Price Index (RMPI) for June will offer insights into producer-level inflation pressures north of the border.
High-Impact Events Today (★★★)
No major high-impact (★★★) releases are scheduled for 2026-07-21 according to the available research. The most notable events are mid-impact (★★) releases.
Mid-Impact Events (★★)
| Time (UTC) | Country | Event | Forecast | Previous | Affected Pairs |
|---|---|---|---|---|---|
| 14:00 | 🇺🇸 US | Existing Home Sales (Jun) | — | — | USD pairs |
| 12:30 | 🇨🇦 Canada | Industrial Product Price (IPPI) (MoM) (Jun) | — | — | CAD pairs |
| 12:30 | 🇨🇦 Canada | Raw Materials Price Index (RMPI) (MoM) (Jun) | — | — | CAD pairs |
Note: Forecast and Previous values were not available in the provided research sources for these specific events on this date.
Per-Event Educational Context
🇺🇸 US Existing Home Sales (Jun)
- What it is: A measure of the annualized number of completed transactions for existing single-family homes, townhomes, condominiums, and co-ops. It is released by the National Association of Realtors (NAR).
- Why it matters: Housing is a significant component of consumer wealth and spending. Strong sales data can signal consumer confidence and economic momentum, while weak data may point to headwinds from high mortgage rates or affordability issues. The USD can see moderate volatility on this release.
- Markets to watch: USD/JPY, EUR/USD, and USD/CAD.
- Source: BMO Economic Calendar
🇨🇦 Canada Industrial Product Price (IPPI) & Raw Materials Price Index (RMPI) (Jun)
- What it is: The IPPI measures the price changes for manufactured goods sold by Canadian manufacturers. The RMPI measures the price changes for raw materials purchased by Canadian manufacturers. Both are released by Statistics Canada.
- Why it matters: These are key producer-level inflation gauges. Rising IPPI/RMPI can signal that cost pressures are building in the supply chain, which may eventually be passed on to consumers (CPI). The Bank of Canada (BoC) monitors these closely for inflation trends, making them market-moving for the Canadian Dollar.
- Markets to watch: USD/CAD, EUR/CAD, GBP/CAD.
- Source: Forex Tradingcharts - Canada
Trader's Checklist for Today
✅ Review your calendar: With no ★★★ events, volatility may be lower, but mid-impact data can still cause sharp, short-term moves. ✅ Monitor spreads: Spreads can widen unexpectedly during any data release, especially for CAD pairs during the Canadian data dump. ✅ Check for revisions: Pay attention to any revisions to previous months' data, as these can be more impactful than the headline number. ✅ Stay informed: Keep an eye on broader market themes (e.g., risk sentiment, commodity prices) which may drive price action on a quiet data day.
Compliance Footer
⚠️ Disclaimer: This page summarizes scheduled economic events for educational purposes. We do not predict market direction or recommend trades. Forecasts shown are market consensus from third-party sources. Verify all data with official central bank / statistics agency sources. Trading is risky. This is not investment advice.
Last updated: 2026-07-21 | Sources: BMO Economics, MacroOdds, Federal Reserve Board, Forex Tradingcharts