Day ahead in the FX markets

  on July 17 2013 3:09 PM

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.

THURSDAY, JULY 18:

N/A - GERMAN FINMIN SCHAEUBLE TO MEET GREEK MINISTERS, Athens German Finance Minister Wolfgang Schaeuble will meet his counterpart Yiannis Stournaras and Prime Minister Antonis Samaras to discuss Greece's progress with reforms demanded by its international backers in return for its bailout.

N/A - EUROPEAN CENTRAL BANK GOVERNING COUNCIL MEETING, Frankfurt ECB Governing Council meeting; no interest rate announcements scheduled.

0600 - SWISS TRADE BALANCE FOR JUNE No forecasts available.

0800 - EURO ZONE CURRENT ACCOUNT, NET INVESTMENT FLOWS IN MAY No forecasts available.

0830 - UK RETAIL SALES FOR JUNE Retail sales month-on-month forecast for a rise of 0.2 percent, compared to 2.1 percent previously, year-on-year forecast of 1.7 percent rise, versus 1.9 percent rise previously. Retail sales ex-fuel month-on-month rise of 0.2 percent, compared to 2.1 percent previously, year-on- year rise of 1.6 percent from 2.1 percent previously.

1230 - U.S. WEEKLY JOBLESS CLAIMS U.S. Labor Dept releases first-time claims for jobless benefits for the week ended July 13.

1400 - U.S. LEADING INDICATORS FOR JUNE The Conference Board releases its report on June leading economic indicators.

1400 - PHILADELPHIA FED BUSINESS ACTIVITY INDEX FOR JULY Philadelphia Federal Reserve Bank releases July business activity survey. 

1430 - FEDERAL RESERVE CHAIRMAN BERNANKE TESTIFIES, Washington Federal Reserve Chairman Ben Bernanke delivers semiannual monetary policy testimony before the Senate Banking Committee.

2030 - FEDERAL RESERVE WEEKLY BALANCE SHEET Fed releases weekly money stock, liquid assets and debt measures and the weekly report on factors affecting reserves of depository institutions and the condition statement of the Federal Reserve banks.

2200 - SEMI U.S. BOOK-TO-BILL FOR JUNE Semiconductor Equipment and Materials International releases its book-to-bill ratio for June. In May, the book-to-bill ratio was 1.08.

2245 - NZ EXT MIGRATION & VISITORS, PERMANENT/LONG-TERM MIGRATION FOR JUNE No forecast available.

2350 - JAPAN WEEKLY CAPITAL FLOWS DATA No forecast available.

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