Economic Calendar

Let's see which news releases could move the currency markets on Tuesday, the 29th of August. This is the Economic Calendar. German GfK Consumer Confidence for September is up first at 6 AM, and the Index has been steadily rising for the past 4 months; in particular, economic and income expectations remain high. UK Nationwide House Price Index for August is out at the same time. Home prices... Еще inched even higher in July, following a strong 1.1% gain the previous month as supplies remain limited. The second reading of French second quarter GDP follows at quarter to 7. The preliminary estimate puts the quarterly growth at half a percent, which is the strongest gain in more than a year. Coming up next at 12:30 PM GMT is the Canadian Industrial Product Price Index for July, and the June data surprised on the downside as the Index posted its first decline in 9 months. The closely watched US Consumer Confidence Index for August will be available at 2. The Index rebounded in July, hitting a 16-year high. New Zealand Building Permits for July are out at quarter to 11 in the evening, and the number of permits declined in June, following a 6.9% gain a month ago. The preliminary estimate of Japanese July retail sales follows at 11:50. Sales have been growing for the past 8 months, although the June increase was somewhat smaller than expected. And two news releases regarding the Australian economy conclude the schedule at half past 1 AM, including Building Approvals for July which rebounded strongly in June, reversing a 5.4% drop the previous month. Second Quarter Construction Work Done is out at the same time. First quarter data came in weaker than expected, following a point 6% increase the previous quarter. I'm Celeste Skinner and this was the Economic Calendar for Tuesday, but Wednesday brings the latest US GDP data, so make sure you check back.

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