Let’s see which news releases could move the currency markets on Monday, the 7th of August. This is the Economic Calendar.
It’s a bank holiday in Canada as Civic Day is observed, but the rest of the world is quite busy, and the first item on the schedule comes at 3 AM, when Reserve Bank of New Zealand will release its third quarter inflation expectations. The anticipated annual inflation rate continued to increase in the second quarter, reaching its highest level in more than 2 years.
Japanese Leading Index for June is out at 5 o’clock. The Index rebounded in May from the 6-month low reached the previous month.
German Industrial Production for June follows at 6. May data surprised on the upside as output saw the strongest growth in 4 months, as capital and consumer goods production both went up.
Swiss National Bank Foreign Currency Reserves for July are scheduled at 7. Reserves have actually been easing for the past 2 months, having reached a record-high level in April.
Swiss July CPI will be available at quarter past 7. The annual inflation rate lost point 3 percentage points in June in light of declining food prices.
UK Halifax House Price Index for July is out at half past 7. House prices slipped in May, and the performance has been lacklustre for the past 6 months as household incomes cannot keep up with rising consumer prices.
Coming up next at 7 PM GMT is the US Consumer Credit for June. Lending saw remarkably strong growth in May, in particular due to a strong increase in credit card debt.
Japanese Bank Lending for July is out at 11:50, and the June growth was the strongest in 8 years.
National Australia Bank Business Confidence for July will be available at 1:30 AM. The Index inched higher in June, and it remains well above its long-term average.
I’m Celeste Skinner and this was the Economic Calendar for Monday. Check back in for the next overview of news releases for Tuesday. Goodbye.

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