Norges Bank Announcement (Thu):Policymakers at Norges Bank are expected to leave rates unchanged at 4.25% at their policy meeting on 13th August. This was reflected in the policy rate path model in the MPR, which showed the policy rate peaking at 4.50% by the end of 2026. US Retail Sales (Fri):The consensus expects US retail sales to rise by 0.2% M/M in June (prev. The Chicago Fed’s July advance retail trade summary sees retail and food services sales ex. As such, next week's US CPI and PPI data may play a greater role in shaping expectations for the September meeting, alongside PCE inflation data due on 26th August, the Fed's preferred gauge.