FX Markets: US Final GDP Revision in Focus Today
In Asian session we had the report in Japan Foreign Investment in Japanese Stocks which dipped from previous ¥-95.4B to ¥-313.4B in June 21. The Japan Large Retailers’ Sales data came in at -0.5%, better than forecasts of -1.2% for May.
In New Zealand the ANZ Activity Outlook came in at 8% beating forecasts of 7.8% for June. The disappointment came from ANZ Business Confidence which came in at -38.1 worst than expected of -22.7 for June.
EURUSD traders will be closely watching today the EU business & consumer confidence data that will be released at 09:00GMT. In Germany the Preliminary Consumer Price Index (CPI) for June, to be published at 12:00GMT.
In the Americas calendar we await the US weekly Jobless Claims, the first Quarter 2019 Final GDP revision and also the Personal Consumption Expenditure Prices will be released at 12:30GMT before the Wall Street trading session. Later today the US Pending Home Sales will be published at 14:00GMT.
Tomorrow starts in Osaka, Japan the G20 summit and President Trump will meet Chinese President Xi Jinping on Saturday at 02:30GMT.