Economic Calendar

Let's see which economic news releases could move the FX markets on Wednesday, the 6th of September. German Factory Orders for July open this agenda at 6 o’clock in the morning. Orders jumped by more than expected in June and this was the second consecutive monthly increase. We head over the Atlantic for a total of three North American releases out at a half past noon GMT, including the US... Еще trade balance for July. The goods and services deficit was 43.6 billion in June, down by 2.7 billion from May’s level. Canadian trade balance for July is the second item out at this time. Canada posted a 3.6-billion merchandise trade deficit in June, increasing sharply from a 1.4-billion deficit in May. Second quarter Canadian labour productivity is the final report published at 12:30 PM. Labour productivity of Canadian businesses rose by 1.4% in the first quarter, which was the largest increase since 2014. North American data run continues at 2 PM GMT with a couple of high importance events and US ISM Non-Manufacturing PMI for August is one of them. Economic activity in the non-manufacturing sector grew in July for the 91st consecutive month, but pace of expansion slowed down sharply. So that was the Greenback shaker, Loonie Dollar should be shaken at the same time by the Bank of Canada interest rate statement. We will see if the Bank of Canada will pull the trigger, but rate hike speculations are certainly starting to appear on news headlines. US Federal Reserve will release their Beige Book at 6 PM. And a couple of Australian reports for July wrap up this agenda at 1:30 AM. While influence is not significant globally, Ozzy Dollar could see a shake up by these high importance publications. Retail sales have been in the green for three consecutive months and another gain is expected by the markets this time around as well. Trade balance report is the other and the final publication. Surplus narrowed down sharply in June after spiking to more than 2 billion in the green in May. I'm Jack Everitt and you've been watching the Economic Calendar for Wednesday. Our next Calendar will cover the news releases for Thursday. See you then.

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