FX & CFD trading involves significant risk
Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
07:15 Switzerland Retail Sales Y/Y June -1.8% -0.9%
07:15 Switzerland Retail Sales (MoM) June -1.4% 1.4%
09:00 Eurozone Trade balance unadjusted June 19.02 Revised From 18.8 26.4
The U.S. dollar traded mixed against the most major currencies ahead of the release of the U.S. economic data. The NY Fed Empire State manufacturing index is expected to rise to 5.00 in August from 3.86 in July.
The NAHB housing market index is expected to climb to 61 in August from 60 in July.
The euro traded mixed against the U.S. dollar after the release of the Eurozone's trade data. Eurozone's unadjusted trade surplus jumped to €26.4 billion in June from €18.8 billion in May.
Exports rose at an annual rate of 12.0% in June, while imports increased at 7.0%.
The Eurogroup approved the third Greek bailout programme on Friday. The programme totals €86 billion. The Greece could get €26 billion in the first tranche from the third bailout programme. €13 billion will be used to cover the debt repayment and an additional €10 billion will be used to bolster capitalisation levels of Greek banks. The Greek government will get €3 billion for the implementation of fiscal and structural reforms.
The British pound traded lower against the U.S. dollar in the absence of any major economic reports from the U.K.
The Canadian dollar traded lower against the U.S. dollar ahead of Canadian economic data.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair decreased to $1.5618
USD/JPY: the currency pair rose to Y124.58
The most important news that are expected (GMT0):
12:30 Canada Foreign Securities Purchases June -5.45
12:30 U.S. NY Fed Empire State manufacturing index August 3.86 5
14:00 U.S. NAHB Housing Market Index August 60 61
20:00 U.S. Net Long-term TIC Flows June 93.0
20:00 U.S. Total Net TIC Flows June 115
|remaining time till the new event being published|