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FxWirePro: The Day Ahead-10th July 2019

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data and events so far: Australia: Westpac consumer confidence index down 4.1 percent in July. China: CPI inflation up…

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Lots of economic data and events scheduled for today, and some with high volatility risks associated.

Data and events so far:

  • Australia: Westpac consumer confidence index down 4.1 percent in July.
     
  • China: CPI inflation up 2.7 percent y/y in June. PPI inflation is unchanged.

Upcoming:

  • France: Industrial output report due at 6:45 GMT.
     
  • Italy: Industrial output report due at 8:00 GMT.
     
  • United Kingdom: Industrial and manufacturing production report due at 8:30 GMT, along with trade balance for the month of May. RICS house price report to be released at 23:00 GMT.
     
  • United States: MBA mortgage applications report due at 11:00 GMT. Federal Reserve chair Powell’s testimony before Congress to begin at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes of the meeting at 18:00 GMT.  
     
  • Canada: Bank of Canada (BoC) will announce rate decision at 14:00 GMT, followed by a press conference at 14:15 GMT.
     
  • New Zealand: Electronic card sales report due at 22:45 GMT.
     
  • Japan: Domestic Corporate goods price report to get released at 23:50 GMT.
     
  • Auction: U.S. will auction 10-year note at 17:00 GMT.  
     

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