Wednesday brings a high importance release for all the Kiwi Dollar traders, so let’s find out more.
Coming up first at 12:30 PM GMT is the preliminary second quarter US Non-Farm Productivity. Productivity stood unchanged in the first quarter, following two quarters of growth.
Canadian Building Permits for June are out at the same time. May data surprised very much on the upside, posting the fastest growth in 7 months.
Reserve Bank of New Zealand will release its closely watched Monetary Policy Statement at 9, and a press conference will follow an hour later. It is the last statement for the outgoing Governor Graeme Wheeler, but markets are not expecting any surprise parting gifts.
UK RICS House Price Balance for July follows at 11:01. The Index fell to an 11-month low in June, reflecting an easing housing market and increased consumer uncertainty.
Japanese Machinery Orders for June come at 11:50. Orders have been declining for the past 2 months, contrary to expectations of growth.
Australian Consumer Inflation Expectations for August will be available at 1 AM. The anticipated annual inflation rate grew by point 8 percentage points in July.
Reserve Bank of New Zealand Governor Graeme Wheeler will be testifying on the Monetary Policy Statement 10 minutes later, appearing before the Finance and Expenditure Select Committee, in Wellington.
And Japanese Tertiary Industry for June concludes the schedule at 4:30. The Index eased in May, following a strong 1.4% jump a month ago.
I’m Celeste Skinner and this was the Economic Calendar for Wednesday, the 9th of August. Check back in for the next overview of news releases for Thursday. Goodbye.

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