The economic calendar for the Asia Pacific region on Friday, July 10, 2026, appears relatively subdued. Market participants should be aware of a significant holiday in New Zealand, which will impact trading conditions for the New Zealand dollar.
New Zealand will observe a public holiday, resulting in the closure of its domestic financial markets, including the New Zealand stock exchange. While trading in the New Zealand dollar (NZD) will continue in international financial centers, market liquidity is expected to be considerably reduced due to the absence of domestic participants. Retail forex and CFD traders often experience wider spreads and potentially more volatile price movements in such conditions, necessitating heightened caution.
Later in the session, Japan is scheduled to release its Producer Price Index (PPI) data for June. This release is anticipated at 23:50 GMT, corresponding to 19:30 US Eastern Time. The market consensus suggests a month-over-month deceleration in June compared to May, though the year-over-year figure is projected to show an acceleration.
Key Economic Releases and Market Impacts
- New Zealand Holiday: Financial markets closed, significantly reduced NZD liquidity, potential for wider spreads and increased volatility.
- Japan PPI (June): Expected to show a slower monthly increase but a faster annual increase. This data provides insight into inflationary pressures at the producer level, which can eventually filter through to consumer prices and influence monetary policy expectations.
Given the holiday in New Zealand and the limited economic data from the region, traders may experience quieter conditions, particularly for NZD-related pairs, until the Japanese PPI release later in the day.
📰 Based on reporting from: ForexLive →