Let’s take a look at the potential market movers scheduled for publication on this relatively light Friday. German Wholesale Price Index for June is out first at 6 o’clock in the morning. Prices increased by a stronger than expected point 8% in May and this was the second monthly increase in a row. Swiss Producer Price Index for June follows at a quarter past 7 AM. Producer prices were up by point 2% in May, building on April’s jump of point 4%. US Import Prices for June will be available at a half past noon GMT. Prices for imports increased by point 6% for the second consecutive month in May, driven by rising fuel and nonfuel prices Preliminary University of Michigan Survey for July is up next at 2 PM. Consumer sentiment retreated in late June to just above the May reading largely due to concerns about the potential impact of tariffs on the domestic economy. The bi-annual US Fed Monetary Policy Report will be submitted to Congress at 3 PM GMT and this could shake up the Greenback. The Federal Reserve Act requires the Board to submit written reports to Congress containing discussions of “the conduct of monetary policy and economic developments and prospects for the future.” I’m Jack Everitt and that’s all for Friday’s Economic Calendar. Bye for now.
Let’s take a look at the potential market movers scheduled for publication on this relatively light Friday.
German Wholesale Price Index for June is out first at 6 o’clock in the morning. Prices increased by a stronger than expected point 8% in May and this was the second monthly increase in a row.
Swiss Producer Price Index for June follows at a quarter past 7 AM. Producer prices were up by point 2% in May, building on April’s jump of point 4%.
US Import Prices for June will be available at a half past noon GMT. Prices for imports increased by point 6% for the second consecutive month in May, driven by rising fuel and nonfuel prices
Preliminary University of Michigan Survey for July is up next at 2 PM. Consumer sentiment retreated in late June to just above the May reading largely due to concerns about the potential impact of tariffs on the domestic economy.
The bi-annual US Fed Monetary Policy Report will be submitted to Congress at 3 PM GMT and this could shake up the Greenback. The Federal Reserve Act requires the Board to submit written reports to Congress containing discussions of “the conduct of monetary policy and economic developments and prospects for the future.”
I’m Jack Everitt and that’s all for Friday’s Economic Calendar. Bye for now.
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