Market News

German Services PMI (June)


Actual: 54.0 Forecast: 53.7 Previous: 53.7  

05 Jul 17 (Wed)

07:55 am

Headlines the Economic Calendar on Wednesday


We will follow the German Service PMI today which is expected to stabilize at 53.7 according to preliminary numbers. A better than expected realization will point to slight recovery in German economy. This may also support EURUSD pair. In UK, Services PMI for June will be announced and...

05 Jul 17 (Wed)

06:21 am

We followed the ECB member Peter Praet speech today.


Praet says; Inflation still remained stubbornly low and that the current loose monetary policy was still necessary. While economic prospects brighten, accommodation is still needed to make sure inflation sustainably converges towards the ECB’s mandate of below, or close...

04 Jul 17 (Tue)

02:19 pm

U.K. Construction PMI (June)


Actual: 54.8 Forecast: 55.0 Previous: 56.0

04 Jul 17 (Tue)

08:30 am

Headlines the Economic Calendar on Tuesday


The 4th of July Independence Day holiday in U.S today Reserve Bank of Australia was published rate desicion earlier today and the central bank maintained that an unchanged policy rate at 1.50 %, as expected. The current monetary policy stance is consistent with sustainable growth and ac...

04 Jul 17 (Tue)

06:16 am

U.S. ISM Manufacturing PMI (June)


Actual: 57.8 Forecast: 55.2 Previous: 54.9

03 Jul 17 (Mon)

02:00 pm

German Manufacturing PMI June


Actual: 59.6 Forecast: 59.3 Previous: 59.3

03 Jul 17 (Mon)

07:55 am

Turkey PPI (YoY) June


Actual: 14.87 % Previous: 15.26 %

03 Jul 17 (Mon)

07:01 am

Turkey CPI (YoY) June


Actual: 10.90 % Forecast: 11.30 % Previous: 11.72 %

03 Jul 17 (Mon)

07:00 am

Headlines the Economic Calendar on Monday


In Turkey, CPI inflation will be the main market over of today. Market consensus for June inflation is 0.10% which stands for 11.30% in y-o-y terms. May inflation was 11.72%. There is no consensus for PPI inflation however it will be quite important as cost push factors have carried domestic PPI...

03 Jul 17 (Mon)

06:30 am

U.S Core PCE Price Index (YoY)


Actual: 1.4 % Forecast: 1.4 % Previous: 1.5 %

30 Jun 17 (Fri)

12:30 pm

Eurozone CPI (YoY) June


Actual: 1.3 % Forecast: 1.2 % Previous: 1.4 %

30 Jun 17 (Fri)

09:00 am

U.K. GDP (QoQ) (Q1)


Actual: 0.2 % Forecast: 0.2 % Previous: 0.2 %

30 Jun 17 (Fri)

08:30 am

German Unemployment Rate (June)


Actual: 5.7 % Forecast: 5.7 % Previous: 5.7 %

30 Jun 17 (Fri)

07:55 am

Headlines the Economic Calendar on Friday


Unemployment rate will be announced in Germany today and is expected to remain flat at 5.7 % in June compared to a month ago. In line with or better than expected unemployment rate would encourage markets about further recovery in German economic activity. The U.K. GDP growth will be im...

30 Jun 17 (Fri)

06:19 am

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