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Forex Weekly Outlook: Jun 26 - Jun 30

25 June 2017 04:45 PM BDT
Forex Weekly Outlook: Jun 26 - Jun 30

Europe: The week begins in Germany, with business expectations, current assessment and lfo business climate index for June due at 08:00 GMT.

United States: Durable goods orders for May are set for release as of 12:30 GMT, with expectations for a 0.5 percent decline.

Tuesday

United States: The S&P/Case Shiller House Price Index is expected to hold steady at 5.9 percent at 13:00 GMT. The Conference Board will present its latest consumer confidence reading at 14:00 GMT, with analysts looking at a moderate decline to 116.9 from a prior 117.9.

Wednesday

United States: Mid week arrives with fresh economic reports, including goods trade balance for May as of 12:30 GMT, pending home sales at 14:00 GMT. The US Energy Information Administration will release its weekly crude inventory report at 14:30 GMT.

Asia: Retail sales for May are due at 23:50 GMT.

Thursday

Europe: Germany’s consumer climate and price index for June will be out at 06:00 GMT and 12:00 GMT respectively.

United States: A fresh reading on the first quarter gross domestic product will be published at 12:30 GMT, with economists pointing at a steady 1.2 percent growth rate.

Asia: The Japanese household spending, jobs/applications ratio and national core CPI for May are all expected for release at 23:30 GMT. Industrial production will be out 20 minutes later.

Friday

Asia: China’s manufacturing and non manufacturing PMI for June are due at 01:00 GMT.

Europe: Germany’s retail sales for May are seen at 0.5 percent and will be available as of 06:00 GMT. EU’s first economy will also present the latest unemployment rate, with 5.7 percent eyed. As of 08:30 GMT, attention will be directed to the United Kingdom, where fresh readings on current account and Q1 GDP are scheduled. At 09:00 GMT, EU’s consumer price index is up.

United States: Core PCE and consumer spending for May are set for release at 12:30 GMT. Michigan University will present consumer expectations and sentiment for June at 14:00 GMT.

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