Let’s see which news releases could move the currency markets on Tuesday, the 18th of July. This is the Economic Calendar.
A number of news releases regarding the UK economy are up first at 8:30 AM, including the closely watched June CPI. The annual inflation rose to a 4-year high in May on the back of higher electricity and food costs.
Producer Price Index for June comes at the same time. Input prices continued to decline in May in light of lower oil prices, but the output prices did inch higher.
And House Price Index for May is out at this time as well. House prices grew more than expected in April, following a 4.5% annual gain the previous month.
The high importance German ZEW Economic Sentiment for July follows at 9. The Index has been steadily rising for the past 4 months and now stands at its highest level in almost 2 years.
Coming up next at 2 PM GMT is the US NAHB Housing Market Index for July. The Index eased in June, but it remains well in the positive territory.
And there’s a break in the schedule until half past midnight, when Australian Westpac Leading Index for May is released. The Index stood unchanged in April, following a point 1% slop the previous month.
This article was originally posted on FX Empire