28.06.2017 – Economic Calendar by Dukascopy
June 27, 2017 12:14 pmVideo
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Several central bank governors are heading to a joint meeting in Portugal; let’s find out more with the Economic Calendar.
But first, there’s the Swiss UBS Consumption Indicator for May. The Index inched slightly higher in April as gains in retail reversed a decline in new car registrations.
Coming up next at 12:30 PM GMT is the US Goods Trade Balance for May. Trade deficit widened in April as exports went down and imports picked up.
So the closely watched panel discussion which brings together central bank governors begins at 1:30. In particular, ECB President Mario Draghi, Bank of Japan Governor Haruhiko Kuroda, Bank of Canada Governor Stephen Poloz as well as his predecessor and the current Bank of England Governor Mark Carney will all be joining in at the ECB forum on central banking in Sintra, Portugal. With so many policy makers in one place, some volatility could be expected, or at least it should make for interesting viewing.
US Pending Home Sales for May are out at 2. Sales have been declining for the past two months as supply remains a problem; moreover, home prices have been rising faster than the incomes of prospective buyers.
Japanese Preliminary Retail Sales for May follow at 11:50 in the evening. April data surprised on the upside as the annual growth accelerated from 2.1% the previous month.
And New Zealand ANZ Business Confidence for June will be available at 1 AM. The Index gained almost 4 points in May as manufacturing, retail and agriculture sectors all reported increased optimism.
I’m Jack Everitt and this was the Economic Calendar for Wednesday, the 28th of June. Check back in for the next overview of news releases for Thursday. Goodbye.
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