05.07.2016 – Economic Calendar by Dukascopy

By | July 4, 2016

Tuesday brings an important update from the Bank of England, so keep watching this Economic Calendar to find out more.
The final estimate of Euro Zone Services PMI for June is up first at 8 AM. The initial reading puts the Index at its lowest level since early 2015.
UK Services PMI for June follows half an hour later. The May data surprised on the upside as the Index rebounded from the three-year low it reached in April.
Euro Zone Retail Sales for May come at 9. Sales stood unchanged in April, following a point 6% drop the previous month.
Bank of England will release its closely watched Financial Stability Report at half past 9, and Governor Mark Carney will hold a press conference at 10. The impact of the Brexit vote on British financial system is a very hot topic, and Governor Carney has hinted there may rate cuts.
Coming up next at 2 PM GMT are the US Factory Orders for May. Orders continued growing in April, posting their strongest gain in 6 months.
And UK BRC Shop Price Index for June concludes the schedule at 11:01. The Index went down in May, and at a faster pace than the 1.7% annual drop a month ago.
I’m Celeste Skinner and these are the news releases to watch on Tuesday, the 5th of July. Check back in for the next overview of key events for Wednesday. Goodbye.

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