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BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague

Malaysian headline inflation falls further in October, likely to remain negative in 2020

New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years

Fed Split Widens as December Rate Cut Hangs in the Balance

BOJ Governor Ueda Meets Key Ministers as Markets Eye Policy Shifts Under New Leadership

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

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

Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025

Philippine central bank keeps interest rate unchanged at 2 pct

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

Reserve Bank of India likely to stand pat in December

RBNZ Delivers Third Rate Cut in 2025, Signals Further Easing as Growth Slows

U.S. existing home sales decline in August

Swedish economic sentiment indicator rises in November

U.S. durable goods orders sustain robust growth

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Bank Indonesia keeps key interest rate on hold at 3.75 pct

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FxWirePro: The Day Ahead- 4th July 2018

Wednesday, July 4, 2018 5:24 AM UTC

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

Data released so far:

Japan: Markit services PMI rose to 51.4 in June.
New Zealand: ANZ commodity price down 1 percent in June.
Australia: May trade balance came at $0.83 billion, with exports rising 4 percent and imports rising by 3 percent. Retail sales rose by 0.4 percent in May.
China: Caixin services PMI report will be released at 1:45 GMT.

Upcoming:

Spain: Markit services PMI report will be released at 7:15 GMT.
Italy: Markit services PMI report will be released at 7:45 GMT.
France: Markit services PMI report will be released at 7:50 GMT.
Germany: Markit services PMI report will be released at 7:55 GMT.
Eurozone: Markit services PMI report will be released at 8:00 GMT.
United Kingdom: Markit services PMI report will be released at 8:30 GMT.
United States: U.S. is closed over Independence Day holiday.

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FxWirePro: The Day Ahead- 4th July 2018

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