Headlines the Economic Calendar on Thursday

Headlines the Economic Calendar on Thursday

Data agenda is quite heavy today 

German Preliminary CPI inflation in June which will be announced today and (YoY) Inflation is expected to ease slightly 1.4 % from 1.5 % a month ago. which may amplify pressure on the single currency.

Third estimate of the first quarter GDP to be announced in U.S and is expected to 1.2 % as the same as the previous realization was 1.2 %. Any realization higher than estimate would be welcomed by the markets and may urge investors to price an earlier balance sheet squeeze from Fed.

U.S Initial jobless claims will come out today and it is expected to be 240 K, which points to a little fall from previous week’s 241 K. Any realization higher than expectations would be negative for the US Dollar

U.S FOMC Member Bullard speech will closely be followed. Any hint about balance sheet contraction will be quite important for the market.

29 Jun 17 (Thu)

06:25 am



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