FxWirePro: The Day Ahead- 7th August 2018

Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.

Data released so far:

• Japan: Labor cash earnings up 3.6 percent y/y in June. Leading economic index declined to 105.2 in June. Coincident index rose to 116.3 in July.
   
• Australia: RBA maintained the policy rate at 1.5 percent at today’s meeting.
   
• Germany: Industrial production up 2.5 percent y/y in June. June trade balance came at €19.3 billion.

Upcoming:

• France: June trade balance report will be released at 6:45 GMT.
   
• Switzerland: Forex reserve details will be published at 7:00 GMT.
   
• United Kingdom: Halifax house price report will be released at 7:30 GMT.
   
• United States: Redbook report will be released at 12:55 GMT. JOLTS jobs report will be released at 14:00 GMT. Consumer credit report will be released at 19:00 GMT.
   
• Canada: IVEY PMI report will be released at 14:00 GMT.
   
• Japan: Trade balance report will be released at 23:50 GMT.
   
• Auction: The U.S. will auction 30-year bond today. The U.S. will auction 3-month and 6-month bills at 15:30 GMT.