• FxWirePro: the day ahead- 5th June 2019

    Source: FxWire Pro - Commentary / 05 Jun 2019 01:46:25   America/New_York

    Not many economic data and events scheduled for today, but some with high volatility risks associated.


    Data released so far:

    • Australia: Q1 GDP up 0.4 percent q/q, up 1.8 percent from a year ago.
       
    • China: Caixin services PMI up 52.7 in May.

    Upcoming:

    • Spain: April industrial output report due at 7:00 GMT. Markit services PMI report will be released at 7:15 GMT.
       
    • Italy: Markit services PMI report will be released at 7:45 GMT.
       
    • France: Markit services PMI report will be released at 7:50 GMT.
       
    • Germany: Markit services PMI report will be released at 7:55 GMT.
       
    • Eurozone: Markit services PMI report will be released at 8:00 GMT. PPI inflation and retail sales reports are due at 9:00 GMT.
       
    • United Kingdom: Markit services PMI to be released at 8:30 GMT.
       
    • United States: MBA mortgage applications report due at 11:00 GMT, followed by ADP employment report at 12:15 GMT. Markit services PMI report will be released at 13:45 GMT. Fed’s Clarida set for a speech at 13:45 GMT. ISM non-manufacturing PMI report will be released at 14:00 GMT. EIA will release its weekly natural gas inventory report at 14:30 GMT. Fed will release the beige book report at 18:00 GMT.
       
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