The main events of Wednesday!

On Wednesday, July 4, the day is fill with data on business activity, especially the first half of the day. In the US, this day begins a two-day holiday to celebrate Independence Day.

At 04:30 –  data on Australia:
– The volume of retail sales in Australia (m / m), forecast 0.3%,  previous value  0.4%.
– Australia’s trade surplus, forecast 1.210V,  previous value 0.977V.

Also at 04:30 –  a speech of a member of the Board of the Bank of Japan Harada.

At 04:45 – the index of business activity in the service sector (PMI) of China from Caixin, forecast 52.7, previous value  52.9.

At 10:55 – the index of business activity in the German services sector,  forecast 53.9, previous value  53.9.

At 11:00 –  data on business activity in the euro area:
– Composite index of business activity (PMI) from Markit in the euro area, forecast 54.8, previous value 5.8.
– The index of business activity in the services sector in the euro area, forecast 55.0, previous value  55.0.

At 11:30 – the index of business activity in the services sector of Great Britain,  forecast  53.9,  previous value  54.0.

Hanzenko Anton