The main events of Tuesday!

On Tuesday, July 3, we should pay attention to the results of the RBA meeting, business activity in the UK and a news block for the United States. By the end of the day activity on the market will be reduced because of the two-day celebration of the US Independence Day.

At 04:30 –  construction permits in Australia (m / m), forecast 1.0%,  previous value -5.0%.

At 07:30 –  the Reserve Bank of Australia’s decision on the interest rate, forecast 1.50%, previous value  1.50%.

At 11:30 – the index of business activity in the construction sector of Great Britain,  forecast  52.5,  previous value 52.5.

At 12:00 –  the volume of retail sales in the euro area (m / m), forecast 0.1%,  previous value 0.1%.

At 17:00 – a news block on the US:
– The volume of shipments of civilian means of production in the US (excluding aircraft),  previous value  -0.3%.
– The volume of orders for durable goods in the US (m / m), previous value -0.6%.
– The volume of industrial orders in the US (m / m), forecast 0.1%,  previous value  -0.8%.

At 23:30 – will publish weekly stocks of crude oil in the US according to the American Petroleum Institute (API), previous value  -9.228M.

Hanzenko Anton