Key economic events this week, 17–21 August:

Wednesday, 19 August 2026

17:30

Crude oil inventories

Forecast: —

Previous: 17.423 million

21:00

Release of FOMC meeting minutes

Thursday, 20 August 2026

15:30

Philadelphia Fed Index of Manufacturing Activity (August)

Forecast: 24.3

Previous: 41.4

15:30

Number of initial claims for unemployment assistance

Forecast: 210 thousand

Previous: 209 thousand

Friday, 21 August 2026

16:45

Business Activity Index in the Manufacturing Sector (PMI), August

Forecast: 54.0

Previous: 53.9

16:45

Business Activity Index in the Services Sector (PMI), August

Forecast: 53.9

Previous: 54.6

What to watch: FOMC minutes may provide additional signals about the future Fed policy, while the PMI and unemployment data will show the current state of the US economy.

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