Thursday brings the latest Bank of England Monetary Policy Statement, so stay with us to find out more. Coming up first at 7:15 AM is the Swiss Producer Price Index for May. A drop in petrol and machinery prices pushed the total lower in April. Swiss National Bank will release its closely watched Monetary Policy Statement 15 minutes later, and this release also includes a press conference with audience questions which, in turn, tend to cause volatility. UK Retail Sales for May are out at 8:30. Sales rebounded strongly in April, fully reversing a 1.4% drop the previous month. The closely watched Bank of England Monetary Policy Statement is scheduled at 11. Traders still are not expecting any rate hikes, even though low inflation has not been an issue for months and, indeed, the opposite is the case. Coming up next at 12:30 are a number of US news releases, including the high importance weekly update on jobless claims. Initial claims dropped by 10 thousand during the week ending June 3 whereas the continuing claims went down by 2 thousand during the week ending May 27. Empire State Manufacturing Index for June is out at the same time. The Index lost 6 points in May, slipping below zero for the first time in 6 months. Philadelphia Fed Manufacturing Index for June is due at this time as well. The Index soared by almost 17 points in May, driven by strong gains in general activity and shipments. And Canadian Manufacturing Sales for April are also released at this time. Sales returned to growth in March, offsetting a point 6% drop the previous month. US Industrial Production for May will be available at 1:15. The April data surprised on the upside as output grew at the fastest pace in three years. US NAHB Housing Market Index for June follows at 2. The Index has been elevated for the last few months, and the May reading was the second-highest since the recession. There’s a break in the schedule until 8 o’clock in the evening, when Bank of England Governor Mark Carney will be speaking at the Mansion House Bankers and Merchants Dinner in London. This speech could attract attention from traders looking for the Governor’s take on recent political developments. And New Zealand Performance of Manufacturing Index for May is out at 10:30. The Index eased by 1.2 points in April, but it remains well in the positive territory. I’m Celeste Skinner and this was the Economic Calendar for Thursday, the 15th of June. Check back in for the next overview of news releases for Friday. Goodbye.
Thursday brings the latest Bank of England Monetary Policy Statement, so stay with us to find out more.
Coming up first at 7:15 AM is the Swiss Producer Price Index for May. A drop in petrol and machinery prices pushed the total lower in April.
Swiss National Bank will release its closely watched Monetary Policy Statement 15 minutes later, and this release also includes a press conference with audience questions which, in turn, tend to cause volatility.
UK Retail Sales for May are out at 8:30. Sales rebounded strongly in April, fully reversing a 1.4% drop the previous month.
The closely watched Bank of England Monetary Policy Statement is scheduled at 11. Traders still are not expecting any rate hikes, even though low inflation has not been an issue for months and, indeed, the opposite is the case.
Coming up next at 12:30 are a number of US news releases, including the high importance weekly update on jobless claims. Initial claims dropped by 10 thousand during the week ending June 3 whereas the continuing claims went down by 2 thousand during the week ending May 27.
Empire State Manufacturing Index for June is out at the same time. The Index lost 6 points in May, slipping below zero for the first time in 6 months.
Philadelphia Fed Manufacturing Index for June is due at this time as well. The Index soared by almost 17 points in May, driven by strong gains in general activity and shipments.
And Canadian Manufacturing Sales for April are also released at this time. Sales returned to growth in March, offsetting a point 6% drop the previous month.
US Industrial Production for May will be available at 1:15. The April data surprised on the upside as output grew at the fastest pace in three years.
US NAHB Housing Market Index for June follows at 2. The Index has been elevated for the last few months, and the May reading was the second-highest since the recession.
There’s a break in the schedule until 8 o’clock in the evening, when Bank of England Governor Mark Carney will be speaking at the Mansion House Bankers and Merchants Dinner in London. This speech could attract attention from traders looking for the Governor’s take on recent political developments.
And New Zealand Performance of Manufacturing Index for May is out at 10:30. The Index eased by 1.2 points in April, but it remains well in the positive territory.
I’m Celeste Skinner and this was the Economic Calendar for Thursday, the 15th of June. Check back in for the next overview of news releases for Friday. Goodbye.
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