A Market Holiday in Canada & Cash Rate Announcement by the RBA
August 3, 2018 1:05 pm
We’re back with an overview of the potential FX market movers scheduled for publication on this week’s opening trading day. Trading could potentially be lighter than usual as markets are closed in Canada for Civic Holiday, which is celebrated in most of Canada on the first Monday in August. German Factory Orders for June open this agenda at 6 o’clock in the morning. Orders rebounded by a stronger than expected 2.6% in May after dropping for two months in a row. Euro Zone Sentix Investor Confidence for August will be available at 8:30 in the morning. Index rose back into the double digit territory in July, after plummeting to 9.3 in June. UK Retail Sales Monitor for July is up next shortly after 11 PM. Sales growth eased back in June to 1.1% from May’s level of 2.8%. Japanese Household Spending for June continues the data run at 11:30 PM. Spending remained in the negative territory in May and this was the fourth month in a row when households reduced spending. The high importance Reserve Bank of Australia Monetary Policy Announcement for August will follow at 4:30 in the morning. Markets are mostly anticipating no change in cash rate. Japanese Leading Indicators for June wrap up this agenda at 5 o’clock in the morning. Index rose in by point 7 points in May, which was slightly stronger than anticipated. I’m Kiays Khalil and you’ve been watching the Economic Calendar for Monday.
We’re back with an overview of the potential FX market movers scheduled for publication on this week’s opening trading day.
Trading could potentially be lighter than usual as markets are closed in Canada for Civic Holiday, which is celebrated in most of Canada on the first Monday in August.
German Factory Orders for June open this agenda at 6 o’clock in the morning. Orders rebounded by a stronger than expected 2.6% in May after dropping for two months in a row.
Euro Zone Sentix Investor Confidence for August will be available at 8:30 in the morning. Index rose back into the double digit territory in July, after plummeting to 9.3 in June.
UK Retail Sales Monitor for July is up next shortly after 11 PM. Sales growth eased back in June to 1.1% from May’s level of 2.8%.
Japanese Household Spending for June continues the data run at 11:30 PM. Spending remained in the negative territory in May and this was the fourth month in a row when households reduced spending.
The high importance Reserve Bank of Australia Monetary Policy Announcement for August will follow at 4:30 in the morning. Markets are mostly anticipating no change in cash rate.
Japanese Leading Indicators for June wrap up this agenda at 5 o’clock in the morning. Index rose in by point 7 points in May, which was slightly stronger than anticipated.
I’m Kiays Khalil and you’ve been watching the Economic Calendar for Monday.
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