Daily Market Update – 25 August 2026: German Ifo & US New Home Sales
Daily Market Update – 25 August 2026: German Ifo & US New Home Sales
Today opens with RBA meeting minutes before Germany’s business sentiment survey and US home sales data round out the session. All times below are in GMT.
Today’s Calendar at a Glance
| GMT Time | Event | Previous | Consensus | TE Forecast |
|---|---|---|---|---|
| 01:30 AM | RBA Meeting Minutes | — | — | — |
| 08:00 AM | Germany Ifo Business Climate (Aug) | 86.6 | 87.2 | 87.0 |
| 02:00 PM | US New Home Sales (Jul) | 0.628M | 0.62M | 0.62M |
🇦🇺 RBA Meeting Minutes – 01:30 AM GMT
With the RBA holding its cash rate at 4.35% across its last three meetings, today’s minutes should shed light on how committee members are weighing inflation control against growth support, and what would need to change before a rate move is considered.
What to watch: A hawkish tone emphasizing inflation risk would support AUD; a more cautious tone open to future cuts would likely weigh on the currency.
🇩🇪 Germany Ifo Business Climate – 08:00 AM GMT
This survey of thousands of German managers has been recovering steadily since April’s low, climbing from 84.8 to 86.6 in July. Today’s forecast points to further improvement to 87.0, continuing that gradual uptrend in business sentiment.
What to watch: A beat above the 87.2 consensus would support EUR and the DAX on growing business confidence; a miss would suggest the recovery is losing momentum, which could weigh on both.
🇺🇸 US New Home Sales – 02:00 PM GMT
New home sales came in at 0.628M in June, and today’s forecast expects a similar 0.62M for July. Since this report counts sales as soon as a contract is signed, it’s one of the earliest signals of housing market health — feeding into everything from construction to appliance and furniture spending.
What to watch: A beat would support USD and homebuilder stocks on signs of resilient demand despite elevated mortgage rates; a miss would reinforce concerns that high borrowing costs are cooling the housing market.
Key Takeaway for Traders
AUD reacts early to the RBA minutes, EUR picks up with German Ifo, and USD closes out the day with home sales. None of today’s releases are as high-impact as this week’s upcoming Core PCE (Wed) or the Fed Chair’s Jackson Hole speech (Fri), but each is still worth watching for its respective currency.
Risk note: Central bank minutes and housing data can still move markets meaningfully even outside major rate decisions. Always use proper risk management. This content is for informational purposes only and does not constitute financial advice — forex and CFD trading involves significant risk of loss.
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