06.07.2016 – Economic Calendar by Dukascopy

By | July 5, 2016

You’re watching the Dukascopy Economic Calendar for Wednesday, the 6th of July.
German Factory Orders for May are up first at 6 AM. Orders slipped in April, partially reversing a 2.6% gain the previous month.
European Central Bank President Mario Draghi will be giving a closely watched speech at 8 when he will deliver the opening remarks at ECB Statistics Conference in Frankfurt.
Euro Zone Retail PMI for June follows 10 minutes later. The Index gained 2.7 points in May as the retail sector expanded for the first time in 3 months.
Coming up next at 12:30 PM GMT is the US Trade Balance for May. Trade deficit did widen in April, but less than expected as exports posted a strong growth.
The Canadian counterpart of this release is out at the same time. Trade deficit narrowed in April as exports outpaced the imports.
The closely watched US ISM Non-Manufacturing PMI for June will be available at 2. The May Index surprised very much on the downside, dropping to its lowest level in more than 2 years.
Federal Open Market Committee will publish the highly anticipated minutes of its June meeting at 6. Traders have been speculating the Fed may not raise the interest rates this year, so the Minutes will be scrutinised for any hints.
Australian Performance of Construction Index for June is released at 11:30. The Index plunged by 4.1 points in May, having spent just one month in the positive territory.
Bank of Japan Governor Haruhiko Kuroda will be speaking at the Branch Managers Meeting in Tokyo at half past midnight. Any comments on the strengthening of the Yen will be highly anticipated.
And the preliminary version of Japanese Leading Index for May concludes the schedule at 5 AM. The Index has been growing for the past 2 months.
You’ve been watching Wednesday’s Economic Calendar with me, Kiays Khalil. Check back in for the next overview of news releases for Thursday. Goodbye.

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