MON: German Trade Balance (May), EZ Sentix Index (Jul); US Independence Day.TUE: RBA Announcement, South Korean CPI, EZ/UK/US Final Services and Composite PMI (Jun), US Durable Goods R (May).WED: FOMC Minutes. German Industrial Orders (May), EZ Retail Sales (May), US ISM Services PMI (Jun).THU: ECB Minutes, Australian Trade Balance (May), Swiss Unemployment (Jun), Canadian Trade…

Adam had the post, Thursday US time:BoA are on the consensus, most are projecting +50bps. The Reserve Bank of Australia meeting is on July 5, the statement is due at 0430 GMT All four of Australia's 'big four' banks, ANZ, NAB, CBA, Westpac are forecasting +50bp. ANZ:"The Reserve Bank looks to be playing catchup with…

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. CNH is the offshore yuan. USD/CNH has no restrictions on its trading range. A significantly stronger or weaker rate than…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Adding in the inflation expectations from the Bank of Japan Tankan just puyblished Tankan Corporate Price Expectations Survey: Japan firms expect consumer prices to rise 2.4% a year from now vs +1.8% in prev surveyJapan firms expect consumer prices to rise an annual 2% 3 years from now vs +1.6% in prev surveyJapan firms expect…

Eamonn Sheridan Thursday, 30/06/2022 | 23:53 GMT-0 30/06/2022 | 23:53 GMT-0 The BOJ’s Tanki Keizai Kansoku Chousa (Tankan) reports on the Short-Term Economic Survey of Enterprises in JapanThe results are all a little poor, but the outlook is for improvement in Q3. June big manufacturers index +9(Reuters poll: 13) Sept big manufacturers index seen at…

Robert Holzmann is the Governor of Austria's central bank (Oesterreichische Nationalbank (OeNB)) and therefore also a member of the Governing Council of the European Central Bank (ECB).Speaking in an interview with Austrian newspaper Oberoesterreichische Nachrichten: it will take some time to reach the 2% inflation target we do not know how wage negotiations will go…

Bank of America Global Research discusses its expectations for next week's RBA July policy meeting."RBA Governor Lowe has effectively ruled out the possibility of 75bp hikes at upcoming meetings. Similar to the June meeting, the Bank would decide between 25bp and 50bp next week, depending on the economic data available at the time. Domestic data…

An ECB sources report is crossing and said that before the ECB anti-fragmentation tool will be unveiled next month, the central bank will reinvest maturing proceeds into periphery countries. They have divided eurozone countries into three groups: Donors, recipients and neutrals.The recipients are Italy, Spain, Portugal and Greece.The donors are Germany, France and Netherlands.The remainder…