Let’s see which news releases could move the currency markets on Thursday, the 10th of April. This is the Economic Calendar. Two news releases regarding the British economy in June are up first at 8:30 AM, and Trade Balance is one of them. Trade deficit widened in May on the back of rising transportation equipment, oil and electrical machinery imports. Industrial Production slipped in May, following just one month of somewhat mediocre growth. UK NIESR Monthly GDP Estimate for July is out at noon. The previous estimate included the second quarter data and noted exactly the same point 3% growth as the official reading. The closely watched weekly update on US Jobless Claims is coming up next at 12:30 PM GMT. Initial claims slipped by 5 thousand during the week ending July 29 while the continuing claims grew by 3 thousand during the week ending July 22. US Producer Price Index for July is due at the same time. June data came in somewhat stronger than expected as the Index returned to growth. And Canadian New Housing Price Index for June is out at this time as well. The Index surprised on the upside in May, mainly due to rises in Toronto and Vancouver. US Federal Budget Balance for July will be available at 6. The budget deficit was much larger than anticipated in June; moreover, the balance was positive a year ago. New Zealand Performance of Manufacturing Index for July is out at 10:30. The Index eased by 2 points in June but it remains well in the positive territory. New Zealand Food Price Index for July follows 15 minutes later, and the Index continued growing in June, although at a much slower pace than the 2.4% gain the previous month. And finally Aussie Dollar traders may want to tune in at 11:30 when Reserve Bank of Australia Governor Philip Lowe will be testifying before the House of Representatives Standing Committee on Economics, in Melbourne. I’m Celeste Skinner and this was the Economic Calendar for Thursday. Friday brings the latest US inflation data, so check back.
Let’s see which news releases could move the currency markets on Thursday, the 10th of April. This is the Economic Calendar.
Two news releases regarding the British economy in June are up first at 8:30 AM, and Trade Balance is one of them. Trade deficit widened in May on the back of rising transportation equipment, oil and electrical machinery imports.
Industrial Production slipped in May, following just one month of somewhat mediocre growth.
UK NIESR Monthly GDP Estimate for July is out at noon. The previous estimate included the second quarter data and noted exactly the same point 3% growth as the official reading.
The closely watched weekly update on US Jobless Claims is coming up next at 12:30 PM GMT. Initial claims slipped by 5 thousand during the week ending July 29 while the continuing claims grew by 3 thousand during the week ending July 22.
US Producer Price Index for July is due at the same time. June data came in somewhat stronger than expected as the Index returned to growth.
And Canadian New Housing Price Index for June is out at this time as well. The Index surprised on the upside in May, mainly due to rises in Toronto and Vancouver.
US Federal Budget Balance for July will be available at 6. The budget deficit was much larger than anticipated in June; moreover, the balance was positive a year ago.
New Zealand Performance of Manufacturing Index for July is out at 10:30. The Index eased by 2 points in June but it remains well in the positive territory.
New Zealand Food Price Index for July follows 15 minutes later, and the Index continued growing in June, although at a much slower pace than the 2.4% gain the previous month.
And finally Aussie Dollar traders may want to tune in at 11:30 when Reserve Bank of Australia Governor Philip Lowe will be testifying before the House of Representatives Standing Committee on Economics, in Melbourne.
I’m Celeste Skinner and this was the Economic Calendar for Thursday. Friday brings the latest US inflation data, so check back.
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