The main events of Thursday!

On Thursday, July 5, the day is fill with data especially in the US. It means that the day promises to be very informative.

At 09:00 –  the volume of production orders in Germany (m/m), forecast 1.1%,  previous value  2.5%.

At 10:15 – the consumer price index (CPI) of Switzerland (m/m),   forecast is 0.1%,  previous value 0.4%.

At 13:00 – the speech of the head of the Bank of England Karni.

At 14:15 – the speech of the President of the Bundesbank Weidmann.

At 15:15 – the change in the number of employed in the non-agricultural sector of the US from ADP, forecast  190K,  previous value 178K.

At 15:30 – the number of initial applications for unemployment benefits in the US, forecast 225K, previous value  227K.

At 16:45 – data on the US:
– Composite index of business activity (PMI) in the US from Markit, forecast 56.0, previous value 56.0.
– The index of business activity (PMI) in the US services sector, forecast is 56.5, previous value  56.5.

At 17:00 – a news block for the US:
– The index of employment in the non-manufacturing sector (ISM) of the United States, previous value  54.1.
– The index of business activity in the non-manufacturing sector (PMI) of the USA from ISM, forecast 58.3,  previous value  58.6.

At 18:00 –  data on oil reserves in the US:
– Reserves of crude oil in the US, forecast -3.538M, previous value -9.891M.
– Data on excess oil reserves in Cushing (Oklahoma, USA), previous value -2.713M.

At 21:00 – the publication of the FOMC protocols.

Hanzenko Anton