It’s another busy day, packed with economic publications on this Thursday, so let’s take a closer look.
Data run starts early at 5:45 in the morning, when Swiss GDP for the first quarter is out. Economy expanded at a solid rate of point 6% in the final quarter of last year, which was the eight consecutive quarterly increase.
UK Nationwide House Price Index for May follows fifteen minutes later. Prices rose by point 2% month on month in April, wiping out March’s equal decline.
UK Lending to Individuals for April is up next at 8:30. Net lending slowed down in March from February’s upwardly revised level of 5 and a half billion.
Then the high importance Euro Zone Flash CPI for May will be released at 9 o’clock. Euro area annual inflation rate was 1.2% in April, down from 1.3% in March.
Euro Zone unemployment rate for April will be available at the same time. Jobless rate was unchanged at 8.5% from a month ago in March.
US Jobless claims are up next at a half past noon GMT. Initial claims rose by 11 thousand during the week ending May the 19th to a total level of 234 thousand.
US Personal Income and Outlays for April are out at the same time. Both spending and income increased in March.
Loonie Dollar traders will be monitoring closely the high importance Canadian GDP report for March, which is the final publication for 12:30 PM. After a slight decline in January, real gross domestic product rose by point 4% in February, as 15 of 20 industrial sectors increased.
US Chicago PMI for May follows at 1:45 PM. Business barometer rose to 57.6 in April after declining for three months in a row.
US Pending Home Sales data for April will be available 15 minutes later. According to National Association of Realtors, pending home sales inched higher for the second consecutive month in March.
China Manufacturing PMI for May wraps up this agenda at 1:45 in the morning. Index has stood above the 50 level for almost a year and it increased be one tenth of a percent in April.
I’m Kiays Khalil and you’ve been watching the Dukascopy Economic Calendar for Thursday.

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