Calendar starts off with some potential Sterling shakers on this Wednesday, so let’s take a look.
The high importance UK Consumer Price Index for June will be available at 8:30 along with a couple more publications. The overall inflation stood unchanged at 2.4% in May. Rising motor fuel prices produced the largest upward contribution.
Producer Prices for June will be available at the same time and so will be the May House Price Index, which is the final publication for 8:30.
Final Euro Zone Consumer Price Index for June follows a half an hour later. According to flash report, annual inflation accelerated to 2% in June from May’s level of 1.9%.
US Housing Starts and Building Permits for June continue the data run at a half past noon GMT. Permits were in down in May by 4.6%, but starts jumped by 5%.
The US Federal Reserve Chairman Jerome Powell will testify before House Panel at 2 PM GMT and this could be a potential Greenback mover.
Then the US Federal Reserve Beige Book for July will be released at 6 PM GMT.
Provisional Japanese Trade balance for June is up next at ten to midnight. There was a deficit of 578 billion Japanese Yen in May on surging imports of crude oil and aircraft.
A potential Ozzy Dollar mover wraps up this agenda at 1:30 in the morning and it’s the June Labour Force Survey. Seasonally adjusted employment jumped by 12 thousand in May, driving unemployment rate down to 5.4%.
I’m Jack Everitt and you’ve been watching the overview of the potential FX market movers for Wednesday.

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