Day ahead in the FX markets

 
on July 15 2013 10:51 PM
Yen Dollar pic 2
A $100 bill and and a 10,000 yen bill. Reuters

This is a summary of key events likely to affect trading in the foreign exchange markets. To receive an early email of The Day Ahead in FX markets, IBTimes readers can register here. All times GMT.

TUESDAY, JULY 16:

N/A - JAPAN FINANCE MINISTER TARO ASO, ECONOMICS MINISTER AKIRA AMARI POST-CABINET MEETING NEWS CONFERENCE

0830 - UK INFLATION DATA FOR JUNE CPI: Month-on-month forecast for fall of 0.1 percent, year-on-year forecast to rise 3.0 percent. RPI: month-on-month forecast of 0.0 percent, year-on-year forecast of rise of 3.4 percent. RPI-X: month-on-month forecast of 0.0 percent, year-on-year forecast of 3.4 percent. PPI input: month-on-month forecast of fall of 0.2 percent, year-on-year forecast of rise of 4.2 percent. PPI output: month-on-month forecast of 0.0 percent, year on-year forecast of rise of 1.9 percent. PPI core output: month-on-month forecast of rise of 0.1 percent, year-on year forecast of rise 1.1 percent.

0900 - EURO ZONE FINAL INFLATION DATA FOR JUNE CPI Month-on- month forecast of 0.1 percent, year-on-year forecast of 1.6 percent, unchanged from prior figures. Inflation ex food and energy: month-on-month forecast at 0.2 percent, year-on-year at 1.3 percent, unchanged from prior figures.

0900 - EUROSTAT TRADE, NSA, FOR MAY No forecast available.

0900 - GERMAN ZEW DATA FOR JULY ZEW economic sentiment forecast at 39.6, versus 38.5 previously. ZEW current conditions forecast at 9.0, versus 8.6 previously.

1145 - ICSC/GOLDMAN SACHS WEEKLY U.S. CHAIN STORE SALES ICSC/ Goldman Sachs release chain store sales for the week ended July 13, versus the prior week. In the previous week, sales rose 3.0 percent.

1230 - U.S. CPI/CORE CPI FOR JUNE Labor Dept releases June Consumer Price Index. Excluding volatile food and energy items, CPI is expected to rise 0.2 percent, a repeat of the May increase. 

1230 - U.S. REAL EARNINGS FOR JUNE Labor Dept issues Real Earnings for June. In May, real earnings fell 0.1 percent.

1255 - REDBOOK WEEKLY U.S. RETAIL SALES Redbook releases its Retail Sales Index of department and chain store sales for first week of July versus the same week in June. In the prior period, sales fell 0.3 percent.

1300 - U.S. NET CAP FLOWS/FOREIGN TREASURY BUYS FOR MAY Treasury Dept issues net capital flows and foreign treasury transactions for May. In April, net capital outflows were $37.3 billion, foreign net sales of U.S. treasuries were $54.5 billion.

1315 - U.S. INDUSTRIAL PRODUCTION AND CAP USE FOR JUNE Federal Reserve releases industrial production and capacity utilization data for June. In the May report, production was unchanged and capacity utilization was 77.6 percent.

1400 - U.S. NAHB INDEX FOR JULY National Association of Home Builders/Wells Fargo issues July housing market index.

N/A - CLEVELAND FED MEDIAN CPI FOR JUNE Federal Reserve Bank of Cleveland releases its median Consumer Price Index for June. The index rose 0.2 percent in the prior month.

1815 - FEDERAL RESERVE BANK OF KANSAS CITY PRESIDENT GEORGE SPEAKS, Kansas City, Missouri Federal Reserve Bank of Kansas City President Esther George speaks on "Economic Conditions and Agriculture" before "The Shifting Nexus of Global Agriculture" conference at the Federal Reserve Bank of Kansas City.

2350 - BANK OF JAPAN RELEASES MINUTES OF ITS JUNE 10-11 MEETING

Share this article