Headlines the Economic Calendar on Friday
If we look at the Eurozone area; Flash CPI inflation and German Unemployment Rate will be closely followed by traders. Eurozone CPI is expected to rise to 2.0% from 1.9% the previous number. On the other hand, The market expects the unemployment rate to be to 5.2% in June, the same as a month ago.
We will focus on UK first-quarter economic growth today. On a year-over-year basis, it is expected to come out at 1.2%, unchanged from an initial estimate.
In the US, Core PCE Prices are expected to rise 1.9%, compared to a 1.8%-increase in the preceding month. A higher than the expected reading would support the US dollar.
Finally, Canada GDP growth will be another important release of today. Market consensus for Canada GDP growth is 0.0% m-o - m growth in April which is lower than 0.3% a previous number.
29 Jun 18 (Fri)
06:35 am
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