Analysis

New Zealand Q2 Retail Sales [Video]

Economic Calendar is relatively light on this Tuesday as well, but there is a potential Kiwi Dollar shaker on the agenda, so stay with us. Swiss Trade Balance for July opens this agenda at 6 o’clock in the morning. Surplus disappointed in June as it narrowed down from 2.81 billion Swiss Francs in May. UK Public Sector Finances for July follow at 8:30 AM. Net borrowing jumped to 4.5 billion in June from May’s level of 3.9 billion Pounds. Another UK report follows at 10 AM, when CBI Industrial Trends for August will be available. Survey balance slipped by two points in July to plus 11. Canadian Wholesale Sales for June continue the data run at a half past noon GMT. Sales jumped by 1.2% in May to hit a record high, after slipping by one tenth of a percent in April. The high importance New Zealand Retail Sales stats for the second quarter are up next at a quarter to 11 PM. Sales were almost unchanged during the year’s opening quarter, gaining just one tenth of a percent. Australian Construction Work Done data for the second quarter wraps up this calendar at 1:30 AM. Construction work done edged up slightly in the first quarter, after plummeting by a massive 18.3% during the final three months of last year.

 

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