Let’s take a look at the fundamentals scheduled for publication on Tuesday, the 7th of August. A couple of German publications for June are out at 6 AM, including Trade Balance. Calendar and seasonally adjusted surplus expanded in May to rise above the 20 billion mark. Industrial Production is the other item out at this time. Production rebounded in May, wiping out the drop of 1.3%, which was posted in April. UK Halifax House Price Index for July follows at 7:30 in the morning. Prices were up by point 3% month on month in June and this was the second increase in a row. Canadian Ivey PMI for July is up next at 2 PM GMT. Index rebounded slightly in June after dropping below the 70 level in May. US Consumer Credit stats for June continue the data run at 7 PM. Consumer debt jumped in May by 24.6 billion US Dollars, which was double of what the markets had anticipated. Japanese Current Account for June follows at 10 to midnight. Surplus narrowed down slightly in May, but current account balance has been in the green since 2014. Australian Home Loans stats for June will be published at 1:30 AM. Loans were up by 1.1% in May to wipe out April’s decline of point 9%. Kiwi dollar traders will be monitoring closely the high importance Reserve Bank of New Zealand Inflation Expectations report for the third quarter at 3 o’clock in the morning. Reserve Bank of Australia Governor Philip Lowe will deliver a speech in Sydney five minutes later and it could potentially shake up the Ozzy Dollar. Japanese Economy Watchers Survey for July wraps up this agenda at an early 5 AM. I’m Kiays Khalil and that’s all for Tuesday’s Economic Calendar. Bye for now.
Let’s take a look at the fundamentals scheduled for publication on Tuesday, the 7th of August.
A couple of German publications for June are out at 6 AM, including Trade Balance. Calendar and seasonally adjusted surplus expanded in May to rise above the 20 billion mark.
Industrial Production is the other item out at this time. Production rebounded in May, wiping out the drop of 1.3%, which was posted in April.
UK Halifax House Price Index for July follows at 7:30 in the morning. Prices were up by point 3% month on month in June and this was the second increase in a row.
Canadian Ivey PMI for July is up next at 2 PM GMT. Index rebounded slightly in June after dropping below the 70 level in May.
US Consumer Credit stats for June continue the data run at 7 PM. Consumer debt jumped in May by 24.6 billion US Dollars, which was double of what the markets had anticipated.
Japanese Current Account for June follows at 10 to midnight. Surplus narrowed down slightly in May, but current account balance has been in the green since 2014.
Australian Home Loans stats for June will be published at 1:30 AM. Loans were up by 1.1% in May to wipe out April’s decline of point 9%.
Kiwi dollar traders will be monitoring closely the high importance Reserve Bank of New Zealand Inflation Expectations report for the third quarter at 3 o’clock in the morning.
Reserve Bank of Australia Governor Philip Lowe will deliver a speech in Sydney five minutes later and it could potentially shake up the Ozzy Dollar.
Japanese Economy Watchers Survey for July wraps up this agenda at an early 5 AM.
I’m Kiays Khalil and that’s all for Tuesday’s Economic Calendar. Bye for now.
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