Here are the news reports that could shake up the FX markets on this Wednesday, 25th of July. German IFO Business Climate for July will be available at 8 o’clock in the morning. Index dropped to a multi-year low of 101.8 in June as companies were less satisfied with their current business situation. Their business expectations, by contrast, remained slightly optimistic. Euro Zone M3 Money Supply measure for June is published at the same time. Annual growth rate of broad monetary aggregate M3 increased to 4% in May from 3.8% in April. UK CBI Distributive Sales Survey for July follows at 10 o’clock. 43% of retailers said that sales volumes were up in the year to June, whilst 10% said they were down, giving a balance of plus 32%. Sales grew at the fastest pace since September last year. US New Home Sales for June wrap up this rather short agenda at 2 PM GMT. New home sales jumped by 6.7% in May to a seasonally adjusted annual rate of 689 thousand units. I’m Kiays Khalil and that’s all for Wednesday’s Economic Calendar.
Here are the news reports that could shake up the FX markets on this Wednesday, 25th of July.
German IFO Business Climate for July will be available at 8 o’clock in the morning. Index dropped to a multi-year low of 101.8 in June as companies were less satisfied with their current business situation. Their business expectations, by contrast, remained slightly optimistic.
Euro Zone M3 Money Supply measure for June is published at the same time. Annual growth rate of broad monetary aggregate M3 increased to 4% in May from 3.8% in April.
UK CBI Distributive Sales Survey for July follows at 10 o’clock. 43% of retailers said that sales volumes were up in the year to June, whilst 10% said they were down, giving a balance of plus 32%. Sales grew at the fastest pace since September last year.
US New Home Sales for June wrap up this rather short agenda at 2 PM GMT. New home sales jumped by 6.7% in May to a seasonally adjusted annual rate of 689 thousand units.
I’m Kiays Khalil and that’s all for Wednesday’s Economic Calendar.
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