Let’s see which news releases could move the currency markets on Thursday, the 24th of August. This is the Economic Calendar. A number of news releases from the UK are up first at 8:30 AM, including the closely watched second estimate of second quarter GDP. The preliminary estimate puts the quarterly growth at point 3%, which is weaker than the point 6% gain a year ago. Mortgage Approvals for July are out at the same time, and the number of approvals saw little change in June, suggesting some stabilisation in the market. And Preliminary second quarter Business Investment comes at this time as well. Investment rebounded in the first quarter, partially offsetting a point 9% drop during the last quarter of 2016. Coming up next at 12:30 PM GMT is the closely watched weekly update on US Jobless Claims. Initial claims dropped by 12 thousand during the week ending August 12 whereas the continuing claims decreased by 3 thousand during the week ending August 5. US Existing Home Sales for July follow at 2. Sales slipped in June in light of record-high home prices. And the closely watched Japanese July CPI concludes the schedule at 11:30 in the evening. The annual headline inflation has stood unchanged for the last 3 months, whereas the core reading has been slowly but encouragingly inching higher. I’m Celeste Skinner and this was the Economic Calendar for Thursday. All eyes will be on Jackson Hole symposium this Friday, so check back.
Let’s see which news releases could move the currency markets on Thursday, the 24th of August. This is the Economic Calendar.
A number of news releases from the UK are up first at 8:30 AM, including the closely watched second estimate of second quarter GDP. The preliminary estimate puts the quarterly growth at point 3%, which is weaker than the point 6% gain a year ago.
Mortgage Approvals for July are out at the same time, and the number of approvals saw little change in June, suggesting some stabilisation in the market.
And Preliminary second quarter Business Investment comes at this time as well. Investment rebounded in the first quarter, partially offsetting a point 9% drop during the last quarter of 2016.
Coming up next at 12:30 PM GMT is the closely watched weekly update on US Jobless Claims. Initial claims dropped by 12 thousand during the week ending August 12 whereas the continuing claims decreased by 3 thousand during the week ending August 5.
US Existing Home Sales for July follow at 2. Sales slipped in June in light of record-high home prices.
And the closely watched Japanese July CPI concludes the schedule at 11:30 in the evening. The annual headline inflation has stood unchanged for the last 3 months, whereas the core reading has been slowly but encouragingly inching higher.
I’m Celeste Skinner and this was the Economic Calendar for Thursday. All eyes will be on Jackson Hole symposium this Friday, so check back.
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