This Wednesday is a Manufacturing PMI and US Monetary Policy Announcement day, so let’s take a closer look with the Dukascopy Economic Calendar. UK Nationwide House Price Index for July is out first at 6 o’clock in the morning. Prices were up by a half a percent month on month in June, but annual growth eased back to 2%, which is the slowest pace in five years. Then the July Manufacturing PMI run starts at a quarter to 8 AM with Italian figures. Final French stats will be released five minutes later, followed by final German data at 7:55. The whole bloc’s final PMI is then published at 8 o’clock. UK stats continue the Manufacturing PMI data run at 8:30 AM. The high importance US ADP Employment Report for July is out at a quarter past noon GMT. Employment increased at a slower than expected pace of 177 thousand from May to June. US ISM Manufacturing PMI is a potential Greenback shaker as well and July data will be available at 2 PM. The Index jumped back above the 60 level as it gained a stronger than expected 1 and a half percent. US Construction Spending for June will be available at 2 PM as well. Spending increased by point 4% in May and this was the second consecutive rise. Then there’s another high importance event at 6 PM when the US FOMC Monetary Policy is announced. Ozzy Dollar traders will be monitoring closely the final item for this agenda, which is the Australian Trade Balance for June at 1:30 in the morning. Surplus expanded by 75% to point 83 billion Australian Dollars in June, but this was less than markets had anticipated. I’m Jack Everitt and that’s all for Wednesday’s Economic Calendar.
This Wednesday is a Manufacturing PMI and US Monetary Policy Announcement day, so let’s take a closer look with the Dukascopy Economic Calendar.
UK Nationwide House Price Index for July is out first at 6 o’clock in the morning. Prices were up by a half a percent month on month in June, but annual growth eased back to 2%, which is the slowest pace in five years.
Then the July Manufacturing PMI run starts at a quarter to 8 AM with Italian figures. Final French stats will be released five minutes later, followed by final German data at 7:55. The whole bloc’s final PMI is then published at 8 o’clock.
UK stats continue the Manufacturing PMI data run at 8:30 AM.
The high importance US ADP Employment Report for July is out at a quarter past noon GMT. Employment increased at a slower than expected pace of 177 thousand from May to June.
US ISM Manufacturing PMI is a potential Greenback shaker as well and July data will be available at 2 PM. The Index jumped back above the 60 level as it gained a stronger than expected 1 and a half percent.
US Construction Spending for June will be available at 2 PM as well. Spending increased by point 4% in May and this was the second consecutive rise.
Then there’s another high importance event at 6 PM when the US FOMC Monetary Policy is announced.
Ozzy Dollar traders will be monitoring closely the final item for this agenda, which is the Australian Trade Balance for June at 1:30 in the morning. Surplus expanded by 75% to point 83 billion Australian Dollars in June, but this was less than markets had anticipated.
I’m Jack Everitt and that’s all for Wednesday’s Economic Calendar.
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