Tuesday’s Economic Calendar is on the short side, but it does have a couple of known market movers.
The first one is the closely watched UK Labour Report for June, which is out at 8:30 AM. The jobless rate dropped to a 10-year low in May, although the Bank of England now expects it will gradually start moving higher.
Swiss ZEW Economic Sentiment for August follows at 9. The Index plunged by 13.5 points in July as the aftershock of the Brexit vote was felt throughout Europe.
The Fed will release the much anticipated minutes of its July meeting at 6 PM GMT. Traders are divided on the possibility of a rate hike this year, and the Minutes should provide some additional information to consider.
Japanese Trade Balance for July comes at 11:50. Trade surplus widened in June as exports outpaced the imports.
And Aussie Dollar traders should tune in at 1:30 AM, when the high importance Australian Labour Report for July is released. The June report was somewhat disappointing as employment grew less than anticipated and the unemployment rate inched higher.
I’m Sam Meredith and you’ve been watching the Economic Calendar for Wednesday, the 17th of August. Check back in for the next overview of key events. Goodbye for now.
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