Monday is the Manufacturing PMI day, so let’s find out more. The schedule actually starts at 11:30 PM on Sunday with the Australian June Manufacturing PMI. The Index plunged by 4.4 points in May, although it did remain well in the positive territory where it has stood for the past 8 months. Japanese second quarter Tankan Index follows at 11:50. Both the manufacturing and non-manufacturing indices went up in the first quarter and, coincidentally, both gained exactly 2 points. Canadian markets will be closed on Monday as Canada Day is celebrated, so Loonie Dollar traders might as well take a day off. Australian Building Approvals for May are out at 1:30 AM. The number of approvals rebounded in April, although not enough to offset a 10.3% drop the previous month. Chinese Caixin Manufacturing PMI for June comes at 1:45. The May data surprised on the downside as the Index slipped in the negative territory for the first time in 11 months. Japanese Consumer Confidence for June is released at 5. The Index returned to growth in May, recovering from a drop to 43.2 points the previous month. Coming up next at half past seven is the Swiss June PMI. A slowdown in output and employment pushed the total lower in May, although new orders did pick up speed. The final reading of Euro Zone June Manufacturing PMI follows half an hour later. The preliminary estimate suggests the Index has been growing for 10 months straight, and this figure could be confirmed. The UK counterpart of this release is out at 8:30. The Index eased in May from the 3-year high it reached the previous month. Euro Zone May unemployment figures will be published at 9. Unemployment has been steadily, if slowly, decreasing for the last few months and now stands at its lowest levels since the recession. Coming up next at 2 PM GMT is the closely watched US ISM Manufacturing PMI for June. The Index saw little change in May, and markets expect it probably has settled at or near its current level. US Construction Spending for May is out at the same time. Spending slipped in April, following two months of strong growth. And finally there’s the Reserve Bank of Australia cash rate announcement, which obviously is a pretty important publication for all the Aussie Dollar traders. No rate hikes are expected, but other central bankers have been dropping some hawkish hints lately, so traders may be interested whether RBA will do the same. I’m Kiays Khalil and this was the Economic Calendar for Monday, the 3rd of July. Check back in for the next overview of news releases for Tuesday.
Monday is the Manufacturing PMI day, so let’s find out more.
The schedule actually starts at 11:30 PM on Sunday with the Australian June Manufacturing PMI. The Index plunged by 4.4 points in May, although it did remain well in the positive territory where it has stood for the past 8 months.
Japanese second quarter Tankan Index follows at 11:50. Both the manufacturing and non-manufacturing indices went up in the first quarter and, coincidentally, both gained exactly 2 points.
Canadian markets will be closed on Monday as Canada Day is celebrated, so Loonie Dollar traders might as well take a day off.
Australian Building Approvals for May are out at 1:30 AM. The number of approvals rebounded in April, although not enough to offset a 10.3% drop the previous month.
Chinese Caixin Manufacturing PMI for June comes at 1:45. The May data surprised on the downside as the Index slipped in the negative territory for the first time in 11 months.
Japanese Consumer Confidence for June is released at 5. The Index returned to growth in May, recovering from a drop to 43.2 points the previous month.
Coming up next at half past seven is the Swiss June PMI. A slowdown in output and employment pushed the total lower in May, although new orders did pick up speed.
The final reading of Euro Zone June Manufacturing PMI follows half an hour later. The preliminary estimate suggests the Index has been growing for 10 months straight, and this figure could be confirmed.
The UK counterpart of this release is out at 8:30. The Index eased in May from the 3-year high it reached the previous month.
Euro Zone May unemployment figures will be published at 9. Unemployment has been steadily, if slowly, decreasing for the last few months and now stands at its lowest levels since the recession.
Coming up next at 2 PM GMT is the closely watched US ISM Manufacturing PMI for June. The Index saw little change in May, and markets expect it probably has settled at or near its current level.
US Construction Spending for May is out at the same time. Spending slipped in April, following two months of strong growth.
And finally there’s the Reserve Bank of Australia cash rate announcement, which obviously is a pretty important publication for all the Aussie Dollar traders. No rate hikes are expected, but other central bankers have been dropping some hawkish hints lately, so traders may be interested whether RBA will do the same.
I’m Kiays Khalil and this was the Economic Calendar for Monday, the 3rd of July. Check back in for the next overview of news releases for Tuesday.
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