July is here and June Manufacturing PMIs will be released on this Monday, so let’s take a look at the potential market movers.
Traders will enjoy a longer weekend in Canada due to Canada Day Market Holiday.
Swiss Retail Sales for May open this agenda at a quarter past 7 in the morning. Annual sales returned to the growth territory in April after staying in the red for three months in a row.
Then the June Manufacturing PMI run starts at 7:30, when Swiss stats will be released. Italian report is out next fifteen minutes later. Final French data will be available at 7:50, followed by Final German numbers fife minutes later.
The whole bloc’s statistics are then published at 8 AM. Preliminary report showed index declining by a half a percent to 55, which is an eighteen month low as the pace of manufacturing sector growth continued to slow down.
UK Manufacturing PMI for June is up next at 8:30 AM. Index gained a half a percent in May, rising from a 17 month low of 53.9.
Euro Zone Unemployment Rate for May is out a half an hour later. Jobless rate declined by one tenth of a percent in April and this was the eight consecutive month when the rate stays below the 9% level.
The publication of the US ISM Manufacturing PMI for June could potentially shake up the Buck at 2 PM GMT. Index rose by 1.4 percent in May.
US Construction Spending for May will be available at the same time. Spending jumped by 1.8% in April, wiping out March’s drop of 1.7%.
Australian Building Approvals for May are up next at 1:30 in the morning. The volatile measure of building approvals dropped by 5% in April after gaining an upwardly revised 3 and a half percent in March.
A high importance Reserve Bank of Australia Monetary Policy Announcement wraps up this calendar at 4:30 in the morning. Cash rate has stood unchanged at 1 and a half percent since mid-2016.
I’m Jack Everitt and that’s all for Monday’s edition of the Dukascopy Economic Calendar.

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