The final day of July is packed with fundamentals, so let’s take a closer look with the Dukascopy Economic Calendar.
German Retail Sales for June open this agenda at 6 o’clock in the morning. Sales plummeted by 2.1% in May and this was the biggest slide in years.
German unemployment change for July follows at 7:55. The number of unemployed continued declining in June with a better than expected contraction of 15 thousand.
Then there are a couple of potential Euro movers out at 9 AM, including the Flash Consumer Price Index for July. June inflation accelerated by one tenth of a percent to 2%.
The second quarter Flash GDP report is the other high importance publication scheduled at 9 o’clock. Economy expanded at a pace of point 4% in the year’s opening quarter.
US Personal Income and Spending report for June follows at a half past noon GMT. Income rose in line with expectations in May at a pace of point 4%, but spending was up by just point 2%, which was slower than anticipated.
The high importance Canadian GDP for May will be available at a half past noon GMT as well. Output expanded by just one tenth of a percent in April and this was the third monthly gain in a row.
Canadian Industrial product and raw materials prices for June is the final report scheduled at a half past noon GMT. Both measures increased in May and the trend is expected to continue this time around as well.
US S&P Case-Shiller Indices for May are out next at 1 PM. The 20 city index eased back slightly in April from March’s level of 6.7%.
ISM Chicago PMI for July continues the US data run at a quarter to two. The Business Barometer rose by 1.4 points to 64.1 in June, hitting the highest level since January.
US Consumer Confidence for July is a potential Greenback shaker and it will be available fifteen minutes later. Index declined to 126.4 in June after improving in May.
And another high importance publication wraps up this agenda at a quarter to 11 PM when New Zealand Labour Force Survey for the second quarter is released. Employment increased by point 6% in the year’s opening quarter, thus pushing unemployment rate down to 4.4%.
I’m Kiays Khalil and that’s all for Tuesday’s Economic Calendar. Bye for now.

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