A couple of monetary policy announcements are scheduled on this Thursday, so let’s take a look with the Dukascopy Economic Calendar.
The high importance Quarterly Swiss National Bank Monetary Policy Assessment opens this agenda at 7:30 in the morning and it will be followed by a press conference an hour later. Central Bank maintained its expansionary monetary policy in March Assessment, with the aim of stabilizing price developments and supporting economic activity.
UK Public Sector Finances for May are up next at 8:30. Net borrowing increased in March, but less than expected at 6.2 billion Pounds.
Then we have the real Sterling mover at 11 AM, when the Bank of England will release their monetary policy announcement. The MPC voted by a majority of 7 to 2 to maintain Bank Rate at a half a percent in May meeting.
A couple of reports regarding the US economy are out next at a half past noon GMT, including the Philly Fed Survey for June. The diffusion index for current general activity increased 11 points, from 23.2 to 34.4 in May.
Weekly Jobless Claims will be released at the same time. Jobs market remained strong as initial claims were down by 4 thousand during the week that ended June the 9th.
US Leading Indicators for May will be available at 2 PM GMT. Leading economic index advanced by point 4% in April to 109.4, suggesting solid growth should continue in the second half of this year.
Euro Zone Flash Consumer Confidence for June will be available at the same time. Confidence indicator remained broadly unchanged in May, standing just slightly above the zero level.
The Bank of England Governor Mark Carney will deliver Mansion House Speech a quarter past 8 in the evening and it could be a potential Sterling shaker.
Japanese National Consumer Price Index for May is out at 11:30 PM. Core inflation has slowed down in recent two publications, declining to point 7% in April.
Another Japanese report wraps up this agenda at 4:30 in the morning when April All Industry Index is out. Index was flat in March after gaining point 4% in February.
I’m Jack Everitt and that’s all for Thursday’s Economic Calendar.

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