It’s the second quarter US GDP Friday, so let’s take a closer look with the Dukascopy Economic Calendar.
Flash French GDP figures for the second quarter will be published at an early 5:30 in the morning. Economy grew at a slower than expected pace of point 2% in the first three months of this year.
French Consumer Spending stats for June are out at a quarter to seven. Spending rose by point 9% in May to partially recover April’s drop of 1.8%.
Then the day’s key event will take place at a half past noon GMT, when the Advance US GDP figures for the second quarter will be released. Economy expanded at a relatively slow pace of 2% in the year’s opening quarter, but markets are expecting the growth to pick up considerably in the second quarter.
Final University of Michigan Survey for July wraps up this agenda at 2 PM. According to preliminary report, consumer sentiment slipped in July by 1.1 points to 97.1.
I’m Kiays Khalil and that’s all for this week’s final Economic Calendar. Bye for now.

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