Dukascopy Bank Team
Dukascopy Bank SA
German Wholesale Price Index for July is out first at 6 o’clock in the morning. Prices of goods sold by wholesalers were up by a half a percent month on month in June and this brings the annual growth rate up to 3.4%.
Then the day’s key release for Sterling traders follows at 8:30 as the high importance UK Retail Sales stats for July are out. April and May were both strong for sales, but a correction of a half a percent was posted in June.
Euro Zone trade statistics for June will be available a half an hour later. The seasonally adjusted surplus narrowed down in May from April’s level of 18 billion Euros in the green.
It’s busy with North American publications at a half past noon GMT and that’s when the latest Jobless Claims report will be out. Initial claims were down by 6 thousand during the week ending August the 4th.
US Housing Starts and Building Permits for July will be available at 12:30 PM as well. Both measures declined in June and starts were down by double digits month on month.
Philly Fed Survey for August continues the 12:30 data run. Manufacturing index improved by 5.8 points in July as it rose from 19.9.
Canadian Manufacturing Sales for June is the final item scheduled at 12:30 PM. Sales rebounded in May to wipe out April’s decline of 1.1%. Second Quarter New Zealand Producer Price Index will be available at a quarter to 11 PM. Both input and output prices rose in the year’s opening quarter, but the pace of growth slowed down from fourth quarter.
A potential Ozzy Dollar shaker wraps up this agenda at 11:30 PM GMT as The Reserve Bank of Australia Governor Philip Lowe will deliver semiannual testimony.
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