At 4:00 AM Swiss UBS May Consumption Indicator (exp 2.4, prev 2.346)
At 10:00 AM US June Richmond Fed Manufacturing Index (exp –8, prev –10)
US May New Home Sales (exp 925k, prev 981k)
US June Consumer Confidence (exp 105.5, prev 108)
At 12:30 PMUS Fed Moskow Speaks
Carry trade activity continues to be the key activity in the currency market, with the yen recovering from excessive selling in recent weeks. The focus will shift to US economic data this week with several key reports slated for release. In the coming trading day, traders will digest June consumer confidence, May new home sales, and the June Richmond Fed manufacturing index. Also scheduled for today will be a speech from the Fed’s Moskow. The FOMC deliberates policy this week, but is largely expected to leave policy unchanged.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment