Let’s see which news releases could move the currency markets on Tuesday, the 4th of July. This is the Economic Calendar.
US markets will be closed for Independence Day, and the first item on the schedule comes at 8:30 AM, when the UK Construction PMI for June is released. The May Index surprised very much on the upside, rising to a 17-month high on the back of a strong growth in residential construction.
Euro Zone Producer Price Index for May follows at 9, and prices actually stood unchanged in April, as a strong drop in energy reversed gains in consumer, capital and intermediate goods.
Coming up next at 1:30 PM GMT is the Canadian Manufacturing PMI for June. The Index inched slightly lower in May, but it remains well in the positive territory.
Australian Performance of Services Index for June is out at 11:30. The Index lost 1.5 points in May, reaching its lowest level in 3 months.
Japanese Services PMI for June will be available at half past midnight, and the Index rebounded in May from 52.2 points the previous month.
Chinese Caixin Services PMI for June concludes the schedule at 1:45. The May data surprised on the upside as the Index rose to a 5-month high.
That’s all for Tuesday’s Economic Calendar. I’m Kiays Khalil and we’ll be back with the next overview of news releases for Wednesday. See you then.

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