Economic calendar is busy on this Thursday, which is the last day of June, so stay with us to find out more.
German retail sales for May open the agenda at 6 o’clock in the morning. Sales have contracted for two straight months, but they are expected to rebound in this publication.
Swiss KOF Economic Barometer for June will be available an hour later. Leading indicator inched higher in May, staying above its long-term average.
Euro traders will be watching German Unemployment change release for June closely at five to eight. Jobs data was strong in May and it was the second consecutive month when unemployment contracted by more than 10k.
A couple of quarterly reports regarding the UK economy follow at 8:30 with the first quarter figures and Finalized GDP is one of them. According to preliminary report, economy is estimated to have increased by point 4% in Q1, compared with growth of point 6% in the final quarter of 2015.
Current Account is the other item out at this time. The United Kingdom’s current account deficit was 32.7 billion in the final quarter of 2015, up from a revised deficit of 20.1 billion in the third quarter.
The high importance Flash Euro Zone CPI for June is up next at 9 o’clock. Euro area annual CPI was at minus point 1% in May, up from minus point 2 % in April. Core reading advanced slightly as well, up from point 7%.
European Central Bank monetary policy meeting accounts will be released at a half past 11 AM.
This is followed by the US jobless claims numbers at a half past noon GMT. Initial claims dropped by 18 thousand in the week ended June 18.
A potential Loonie Dollar mover is out at the same time and it’s Canadian GDP for April. Real gross domestic product decreased point 2% in March, after edging down by point 1% in February. The decline in March came primarily from mining, quarrying, and oil and gas extraction and retail trade.
Chicago PMI for June will be released at 1:45 PM. Index slipped below the 50 level in May, but a return to the expansionary territory is expected.
Then we have a total of three reports regarding Japanese Economy released shortly before midnight. Household spending for May will be available at 11:30 PM and Consumer Price Index with National reading for May and Tokyo stats for June are out at the same time.
Tankan Survey for the second quarter is the last of the three publications regarding Japanese Economy at ten to midnight.
The high importance June China Manufacturing PMI will be released along with the Non-Manufacturing PMI at 1 o’clock in the morning. Manufacturing Index stood only a fraction above the 50 level in May.
Caixin China Manufacturing PMI for June is the last item on this long agenda at 1:45 AM.
I’m Lucy Palfreeman and this wraps up the Dukascopy Economic Calendar for Thursday. Click back for this week’s last overview, but for now, goodbye.
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