• FxWirePro: the day ahead- 2nd July 2019

    Source: FxWire Pro - Commentary / 02 Jul 2019 01:14:59   America/New_York

    Lots of economic data and events scheduled for today, and some with high volatility risks associated.

    Data and events so far:

    • Australia: RBA reduced rates by 25 bps at today’s meeting.

    Upcoming:

    • Germany: Retail sales report for the month of May will be released at 6:00 GMT. Prior 4 percent y/y, expected 2.7 percent.
       
    • United Kingdom: Nationwide house price report will be published at 6:00 GMT, followed by the construction PMI report at 8:30 GMT. BRC shop price report due at 23:00 GMT.
       
    • France: Budget report for the month of May will be released at 6:45 GMT.
       
    • Spain: June unemployment report due at 7:00 GMT.
       
    • Eurozone: PPI inflation report will be released at 9:00 GMT.
       
    • Australia: RBA Governor Lowe’s speech due at 9:30 GMT. AiG Performance of Services report to be published at 22:30 GMT.
       
    • United States: FOMC member Williams’s speech due at 10:30 GMT. ISM New York report is due at 13:45 GMT. Vehicle sales report will be published at 19:30 GMT.
       
    • New Zealand: Global dairy auction is scheduled for today.
       
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