Summary:
- UK construction PMI will be released before noon
- Manufacturing PMI for Canada for June seems to be the sole reading of note this afternoon
- Some central bankers on the agenda as well
9:30 am BST - UK construction PMI for June: PMI for UK manufacturing for June disappointed investors on Monday, thus one should be prepared for a possible sub-par value from construction today too. Although both indices are less important compared to services PMI, they may suggest the UK economy is unlikely to experience a significant rebound in the near-term. The consensus for today indicates at 49.2 points compared to 48.6 points in May.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app10:00 am BST - EMU PPI for May: The median estimate suggests 1.7% YoY, down from 2.6% YoY seen in April
2:30 pm BST - Canadian manufacturing PMI (Markit) for June: Macroeconomic releases from Canada have been quite promising compared with expectations and much better compared with those from the neighbouring United States (based on economic surprise indices). If this trend is to be remained, today’s PMI for manufacturing should come in above the previous value (no consensus is determined).
Central bankers’ speeches:
-
9:30 am BST - ECB’s Knot
-
10:30 am BST - RBA’s Lowe
-
11:35 am BST - Fed’s Williams
-
3:05 pm BST - BoE’s Carney
-
4:00 pm BST - Fed’s Mester
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
