Calendar: Bank of England Monetary Policy Thursday
August 1, 2018 1:40 pm
Bank of England monetary policy announcement is among the publications scheduled on this Thursday, so let’s take a closer look. A couple of Swiss reports open this agenda and Retail Sales for June are out first at a quarter past 7 in the morning. Annual sales slipped slightly in the red in May after growth surged to 2.9% previously. Manufacturing PMI for July will be available fifteen minutes later. Index slipped by point 8% in June, but it remains well above the 50 level. The high importance publication of UK Construction PMI for July follows at 8:30 AM. Construction sector rebounded further in June and index edged up by point 6% to a stronger than expected 53.1. Euro Zone Producer Price Index for June is up next at 9 AM. Prices accelerated by a stronger than expected point 8% in May after staying flat in April. The day’s key event for Sterling traders will take place at 11 AM as Bank of England will release their latest monetary policy announcement. Markets are widely expecting a rate hike of 25 basis points. The high importance quarterly Bank of England Inflation report will be available at the same time. US Jobless claims are up next at a half past noon GMT. Initial claims rose by 9 thousand to 217 thousand during the week, which ended on July the 21st. US Factory Orders for June are up next at 2 PM. Orders rose by point 4% in May, wiping out April’s decline of an equal magnitude. Australian Retail Sales stats for June could shake up the Ozzy Dollar at 1:30 in the morning. Seasonally adjusted sales were up by point 4% in May and this was the second monthly rise in a row. Chinese Services PMI for July wraps up this agenda at 1:45 in the morning. This was the Dukascopy Economic Calendar for Thursday. Bye for now.
Bank of England monetary policy announcement is among the publications scheduled on this Thursday, so let’s take a closer look.
A couple of Swiss reports open this agenda and Retail Sales for June are out first at a quarter past 7 in the morning. Annual sales slipped slightly in the red in May after growth surged to 2.9% previously.
Manufacturing PMI for July will be available fifteen minutes later. Index slipped by point 8% in June, but it remains well above the 50 level.
The high importance publication of UK Construction PMI for July follows at 8:30 AM. Construction sector rebounded further in June and index edged up by point 6% to a stronger than expected 53.1.
Euro Zone Producer Price Index for June is up next at 9 AM. Prices accelerated by a stronger than expected point 8% in May after staying flat in April.
The day’s key event for Sterling traders will take place at 11 AM as Bank of England will release their latest monetary policy announcement. Markets are widely expecting a rate hike of 25 basis points.
The high importance quarterly Bank of England Inflation report will be available at the same time.
US Jobless claims are up next at a half past noon GMT. Initial claims rose by 9 thousand to 217 thousand during the week, which ended on July the 21st.
US Factory Orders for June are up next at 2 PM. Orders rose by point 4% in May, wiping out April’s decline of an equal magnitude.
Australian Retail Sales stats for June could shake up the Ozzy Dollar at 1:30 in the morning. Seasonally adjusted sales were up by point 4% in May and this was the second monthly rise in a row.
Chinese Services PMI for July wraps up this agenda at 1:45 in the morning.
This was the Dukascopy Economic Calendar for Thursday. Bye for now.
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