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U.S. Q3 economic growth unrevised in second estimate

U.S. personal income and spending rose less than expected in August

Reserve Bank of India likely to stand pat in December

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

U.S. existing home sales decline in August

U.S. vehicle sales fall again in November

U.S. existing home sales rise above expectations in October

Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic

BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan

Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Fed holds rates steady, adopts wait-and-see stance

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

ECB Stands Pat: Rates Unchanged at 2% Deposit as Eurozone Resilience Shines Through

BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action

Bank of England Holds Steady at 3.75% in Narrow Vote: Cautious Pause Signals Future Cuts Ahead

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FxWirePro: The Day Ahead- 3rd July 2018

Tuesday, July 3, 2018 7:28 AM UTC

Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.

Data released so far:

Australia: May building permits up 3.1 percent y/y in May. RBA kept interest rate unchanged at 150 bps at today’s meeting.
Spain: Unemployment declined by 90,000 in June.

Upcoming:

United Kingdom: Construction PMI data will be released at 8:30 GMT, along with the release of MPC minutes. BRC shop price report will be released at 23:00 GMT.
Eurozone: PPI inflation and May retail sales report at 9:00 GMT.
United States: ISM New York report will be released at 13:45 GMT and May factory orders report will be released at 14:00 GMT.
Canada: Markit manufacturing PMI report will be released at 13:30 GMT.
New Zealand: Global dairy auction is scheduled today.
Australia: AiG performance of services report will be released at 22:30 GMT.

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FxWirePro: The Day Ahead- 3rd July 2018

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