Dukascopy Forex TV Team is back with the Economic Calendar for Wednesday, 10th of August.
French Industrial Production for June opens this rather short agenda at 6:45 in the morning. Production slowed down by a half a percent in May after jumping by more than 1% in April.
US Federal Budget Balance for July will be released at 6 PM GMT. A surplus of slightly more than 6 billion US dollars was posted in June as total receipts stood at close to 330 billion and total outlays were registered at slightly more than 323 billion.
Next we have a Kiwi Dollar mover – Reserve Bank of New Zealand Monetary policy statement at 9 o’clock, followed by a press conference an hour later. Markets are anticipating a rate cut in this meeting and monetary guidance will be watched closely.
UK Residential Market Survey for July is up next shortly after 11 PM. As RICS have reported, erosion of buyer confidence has led to a significant moderation in price growth in June – only 16% more respondents reported prices to have risen rather than fallen over the previous three months, well below recent high of 50%.
And wrapping up this agenda is Australian inflationary expectations for August at 1 AM. The expected inflation rate, reported in the Melbourne Institute Survey of Consumer Inflationary Expectations, rose again in July, to 3.7 per cent from 3.5 per cent in June and 3.2 per cent in May.
I’m Celeste Skinner and these were the possible FX market movers for Wednesday. Click back for more, but for now, goodbye.
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