Let’s see which news releases could move the currency markets on Thursday, the 6th of July. This is the Economic Calendar. German Factory Orders for May are up first at 6 AM. Orders slipped unexpectedly in April, mostly due to a drop in foreign orders. Swiss June CPI follows at 7:15. The annual inflation recovered some ground in May and, moreover, it has stood in the positive territory for the past 5 months. Euro Zone Retail PMI for June is out at ten past 8. The Index inched lower in May, but it still indicated expansion in the retail sector. European Central Bank will publish the account of its June meeting at half past 11. President Draghi has recently struck a more hawkish tone, so the minutes will be scrutinised for any further hints. Coming up next at 12:15 PM GMT is the US ADP Non-Farm Employment Change for June. The May report surprised very much on the upside, posting the strongest growth in 5 months. A number of news releases from North America are scheduled at half past noon, including the closely watched weekly update on US Jobless Claims. Initial claims went up by 2 thousand during the week ending June 24 while the continuing claims grew by 6 thousand during the week ending June 17. US Trade Balance for May is out at the same time. Trade deficit widened in April as exports inched lower and imports went up. The Canadian Trade Balance for May comes at this time as well and, unlike the neighbouring US, the Canadian trade deficit actually narrowed in April, with exports outpacing the imports. And there’s also the Canadian Building Permits for May scheduled at the same time. The number of permits has been declining for the past 3 months. US ISM Non-Manufacturing PMI for June is out at 2. The Index inched slightly lower in May, but it does remain well above the 50 point mark which indicates growth. Australian Performance of Construction Index for June will be available at 11:30 in the evening. The Index soared by almost 5 points in May, reaching a 2-year high. And Japanese Preliminary Leading Index for May comes at 5 AM. The Index eased in April from the 2-year high it reached the previous month. I’m Jessica Walker and this was the Economic Calendar for Thursday. Friday brings the latest US Labor Report, so check back.
Let’s see which news releases could move the currency markets on Thursday, the 6th of July. This is the Economic Calendar.
German Factory Orders for May are up first at 6 AM. Orders slipped unexpectedly in April, mostly due to a drop in foreign orders.
Swiss June CPI follows at 7:15. The annual inflation recovered some ground in May and, moreover, it has stood in the positive territory for the past 5 months.
Euro Zone Retail PMI for June is out at ten past 8. The Index inched lower in May, but it still indicated expansion in the retail sector.
European Central Bank will publish the account of its June meeting at half past 11. President Draghi has recently struck a more hawkish tone, so the minutes will be scrutinised for any further hints.
Coming up next at 12:15 PM GMT is the US ADP Non-Farm Employment Change for June. The May report surprised very much on the upside, posting the strongest growth in 5 months.
A number of news releases from North America are scheduled at half past noon, including the closely watched weekly update on US Jobless Claims. Initial claims went up by 2 thousand during the week ending June 24 while the continuing claims grew by 6 thousand during the week ending June 17.
US Trade Balance for May is out at the same time. Trade deficit widened in April as exports inched lower and imports went up.
The Canadian Trade Balance for May comes at this time as well and, unlike the neighbouring US, the Canadian trade deficit actually narrowed in April, with exports outpacing the imports.
And there’s also the Canadian Building Permits for May scheduled at the same time. The number of permits has been declining for the past 3 months.
US ISM Non-Manufacturing PMI for June is out at 2. The Index inched slightly lower in May, but it does remain well above the 50 point mark which indicates growth.
Australian Performance of Construction Index for June will be available at 11:30 in the evening. The Index soared by almost 5 points in May, reaching a 2-year high.
And Japanese Preliminary Leading Index for May comes at 5 AM. The Index eased in April from the 2-year high it reached the previous month.
I’m Jessica Walker and this was the Economic Calendar for Thursday. Friday brings the latest US Labor Report, so check back.
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