• FxWirePro: the day ahead- 3rd July 2018

    Source: FxWire Pro - Commentary / 03 Jul 2018 03:44:03   America/New_York

    Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.


    Data released so far:

    • Australia: May building permits up 3.1 percent y/y in May. RBA kept interest rate unchanged at 150 bps at today’s meeting.
       
    • Spain: Unemployment declined by 90,000 in June.  

    Upcoming:

    • United Kingdom: Construction PMI data will be released at 8:30 GMT, along with the release of MPC minutes. BRC shop price report will be released at 23:00 GMT.
       
    • Eurozone: PPI inflation and May retail sales report at 9:00 GMT.
       
    • United States: ISM New York report will be released at 13:45 GMT and May factory orders report will be released at 14:00 GMT.
       
    • Canada: Markit manufacturing PMI report will be released at 13:30 GMT.
       
    • New Zealand: Global dairy auction is scheduled today.
       
    • Australia: AiG performance of services report will be released at 22:30 GMT.
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