There are potential Sterling and Buck movers on this agenda for Tuesday, so let’s take a look.
The high importance UK Unemployment Report for May opens this agenda at 8:30 in the morning. Unemployment rate was unchanged at multi decade low of 4.2% in the three months to March. Claimant count, however, surged by 31.2 thousand in April.
June ZEW Surveys for both Euro Zone and Germany will be available at 9 AM. German Economic Sentiment was unchanged at minus 8.2 in May, but the whole bloc’s measure increased by a half a point to plus 2.4.
Then we have a potential Greenback mover ready for publication at a half past noon GMT and it’s the May Consumer Price Index. Overall inflation accelerated by point 2% month on month in April, but the core measure showed a slower increase of point 1%.
US Federal Budge Balance for May follows at 6 PM. US had the biggest monthly surplus on record in April as balance was 214 billion US dollars in the green.
Australian Westpac-MI Consumer Sentiment for May follows at a half past midnight. Sentiment continued to hold in slightly optimistic territory with April, marking the fifth consecutive month the Index has been above the 100 level.
Wrapping up this agenda is a high importance speech by the Reserve Bank of Australia Governor Philip Lowe at 2 o’clock in the morning.
I’m Kiays Khalil and that’s all for Tuesday’s Economic Calendar. Bye for now.

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