We have a couple of key monetary policy maker speeches and a rate announcement on this agenda, so stay with us. A high importance speech by the European Central Bank President Mario Draghi in Frankfurt opens this agenda at 7 o’clock in the morning. Then the June US Producer Price Index figures will be released at a half past noon GMT. The PPI jumped by a half a percent in May to mark the fifth monthly increase in a row. The high importance Bank of Canada monetary policy announcement will take place at 2 PM GMT, followed by the press conference at a quarter past 3. A rate hike is anticipated as policy makers will have to seek a balance between strong domestic fundamentals and trade woes. Sterling traders will be watching closely a speech by the Bank of England Governor Mark Carney at 3:35 PM in Boston. New Zealand Food Price Index for June is up next at a quarter to 11. Prices were flat in May after gaining just one tenth of a percent in April. UK Residential Market Survey for June will be published shortly after 11 PM. The headline price balance came in at minus 3% in May pointing to no change in house prices over the month, following a marginal decline in April. Australian Consumer Inflationary Expectations for July wrap up this agenda at 1 AM. Inflation expectations accelerated sharply in June from 3.7% in May. I’m Jack Everitt and that’s all for Wednesday’s Economic Calendar. Bye for now.
We have a couple of key monetary policy maker speeches and a rate announcement on this agenda, so stay with us.
A high importance speech by the European Central Bank President Mario Draghi in Frankfurt opens this agenda at 7 o’clock in the morning.
Then the June US Producer Price Index figures will be released at a half past noon GMT. The PPI jumped by a half a percent in May to mark the fifth monthly increase in a row.
The high importance Bank of Canada monetary policy announcement will take place at 2 PM GMT, followed by the press conference at a quarter past 3. A rate hike is anticipated as policy makers will have to seek a balance between strong domestic fundamentals and trade woes.
Sterling traders will be watching closely a speech by the Bank of England Governor Mark Carney at 3:35 PM in Boston.
New Zealand Food Price Index for June is up next at a quarter to 11. Prices were flat in May after gaining just one tenth of a percent in April.
UK Residential Market Survey for June will be published shortly after 11 PM. The headline price balance came in at minus 3% in May pointing to no change in house prices over the month, following a marginal decline in April.
Australian Consumer Inflationary Expectations for July wrap up this agenda at 1 AM. Inflation expectations accelerated sharply in June from 3.7% in May.
I’m Jack Everitt and that’s all for Wednesday’s Economic Calendar. Bye for now.
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