Economic calendar: API report and Ivey PMI

07:14 7 July 2020

• Canada's Ivey Purchasing Managers Index
• API Weekly Statistical Bulletin

There is not much data scheduled for release today therefore indices are likely to be driven by headlines. During European session investors will get to know:

07:45 BST - France May trade balance. Expected - 4.5 bn Eur. Previous: 5.0 bn Eur
08:00 BST - Switzerland June foreign currency reserves. Previous: 816.0
08:30 BST - UK June Halifax house prices. Expected - 0.8%. Previous: -0.2%

Notable releases during US session:

15:00 BST - Ivey Purchasing Managers Index from Canada. Expected 50.2. Previous: 39.1.
21:40 BST - Crude Oil Stocks (API) - Weekly Change. Expected 1,1 mln barrels. Previous: -8,15 mln barrels

Apart from that, some FOMC members are scheduled to speak:

14:00 BST - FOMC Member Bostic
18:00 BST - FOMC Member Quarles

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