Euro Zone & Canadian CPI Friday [Video]
|Euro Zone Current Account for June opens this agenda at 8 o’clock in the morning. Surplus narrowed down more than expected in May from April’s level of close to 30 billion Euros. Final Euro Zone Consumer Price Index for July follows an hour later. According to flash estimate inflation edged up to 2.1% in July from 2% in June. A potential Loonie Dollar mover will be released at a half past noon GMT when the Canadian Consumer Price Index for July will be available. Annual inflation accelerated in June to 2 and a half percent from May’s level of 2.2%. A couple of reports regarding US economy wrap up this agenda at 2 PM, including Preliminary University of Michigan Survey for August. Consumer sentiment slipped in July, but it has remained relatively close to the average level during the past year. Leading Indicators for July is the other and the final publication on this agenda. Index gained a half a percent in June after no change in May, pointing to continuing solid growth in the US economy.
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