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The global economic data and key economic events such as interest rate decisions will have a crucial impact on currency and interest rate markets. Do you know what to look for in the forthcoming releases and announcements. What are the risks on the report and what will it mean? Investica will provide all the analysis you need ahead of the key releases.

For complete and professional daily analysis of all the major currencies, please see Daily analysis for full details.

Economic calendar/analysis for the most important events on a rolling one-week basis

Date Time
(GMT)
Data release/event Previous Market consensus Rating Analysis

Tuesday July 1st 04.30 Australia interest rate decision 7.25% 7.25% medium The bank statement will be watched very closely following the decision

Tuesday July 1st 06.00 Nationwide house-price index -2.5% -1.1% high Markets have already priced in a further deterioration in the housing market

Tuesday July 1st 07.55 German unemployment change 4,000 -15,000 medium A second successive unemployment rise would undermine the Euro

Tuesday July 1st 08.30 UK PMI index (manufacturing) 50.0 49.8 high Any figure above the 50.0 level would provide important relief to Sterling

Tuesday July 1st 14.00 US ISM index (manufacturing) 49.6 48.6 high The evidence suggests that the index will be stuck below the 50.0 threshold.

Wednesday July 2nd 01.30 Australia retail sales -0.2% 0.1% high A second successive monthly drop would trigger sharp Australian dollar losses

Wednesday July 2nd 12.15 US ADP employment report 40,000 -20,000 high The ADP report has been stronger than expected for the last 4 months

Wednesday July 2nd 14.00 US factory orders 1.1% 0.4% medium The data is likely to be slightly stronger than expected for the month

Thursday July 3rd 05.45 Swiss consumer prices 0.8% 0.3% medium Some moderation in the inflation rate is realistic for the month

Thursday July 3rd 08.30 UK PMI index (services) 49.8 49.5 high The other PMI surveys this week have been sharply weaker than expected

Thursday July 3rd 09.00 Euro-zone retail sales -0.7% 0.4% medium Another monthly decline would damage confidence in the Euro-zone

Thursday July 3rd 11.45 ECB interest rate decision 4.00% 4.25% high The most likely outcome is that the ECB will opt for a 0.25% rate increase

Thursday July 3rd 12.30 ECB press conference high A tough ECB stance would provide immediate Euro support

Thursday July 3rd 12.30 US non-farm payrolls -49,000 -60,000 high The ADP report suggested a weak employment report is likely this month

Thursday July 3rd 12.30 US unemployment 5.5% 5.4% high There is scope for a small dip after the surge in unemployment last month

Thursday July 3rd 12.30 US average earnings 0.3% 0.3% medium Only a big increase in earnings would have an impact on Fed policy

Thursday July 3rd 12.30 US jobless claims 384,000 384,000 high A figure above 400,000 would damage confidence in the labour market

Thursday July 3rd 14.00 US ISM index (services) 51.7 51.1 high Any figure above 50.0 would provide some reassurance over the US economy

Friday July 4th 10.00 Germany factory orders -1.8% 0.8% medium The most recent data has been slightly better than expected

Friday July 4th 14.00 Canada PMI index 62.5 62.2 high There looks to be some downside risk on this report given the Canadian risks

Monday July 7th 07.00 UK Halifax house-price index -2.4% -1.0% high A significant further downturn in prices will already have been discounted

Monday July 7th 08.30 UK industrial production 0.2% -0.1% medium The report is likely to be subdued at best given the deterioration in PMI surveys

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Date	Time (GMT)	Data release/event	Previous	Market consensus	Rating	Analysis
Tuesday July 1st	04.30	Australia interest rate decision	7.25%	7.25%	medium	The bank statement will be watched very closely following the decision
Tuesday July 1st	06.00	Nationwide house-price index	-2.5%	-1.1%	high	Markets have already priced in a further deterioration in the housing market
Tuesday July 1st	07.55	German unemployment change	4,000	-15,000	medium	A second successive unemployment rise would undermine the Euro
Tuesday July 1st	08.30	UK PMI index (manufacturing)	50.0	49.8	high	Any figure above the 50.0 level would provide important relief to Sterling
Tuesday July 1st	14.00	US ISM index (manufacturing)	49.6	48.6	high	The evidence suggests that the index will be stuck below the 50.0 threshold.
Wednesday July 2nd	01.30	Australia retail sales	-0.2%	0.1%	high	A second successive monthly drop would trigger sharp Australian dollar losses
Wednesday July 2nd	12.15	US ADP employment report	40,000	-20,000	high	The ADP report has been stronger than expected for the last 4 months
Wednesday July 2nd	14.00	US factory orders	1.1%	0.4%	medium	The data is likely to be slightly stronger than expected for the month
Thursday July 3rd	05.45	Swiss consumer prices	0.8%	0.3%	medium	Some moderation in the inflation rate is realistic for the month
Thursday July 3rd	08.30	UK PMI index (services)	49.8	49.5	high	The other PMI surveys this week have been sharply weaker than expected
Thursday July 3rd	09.00	Euro-zone retail sales	-0.7%	0.4%	medium	Another monthly decline would damage confidence in the Euro-zone
Thursday July 3rd	11.45	ECB interest rate decision	4.00%	4.25%	high	The most likely outcome is that the ECB will opt for a 0.25% rate increase
Thursday July 3rd	12.30	ECB press conference			high	A tough ECB stance would provide immediate Euro support
Thursday July 3rd	12.30	US non-farm payrolls	-49,000	-60,000	high	The ADP report suggested a weak employment report is likely this month
Thursday July 3rd	12.30	US unemployment	5.5%	5.4%	high	There is scope for a small dip after the surge in unemployment last month
Thursday July 3rd	12.30	US average earnings	0.3%	0.3%	medium	Only a big increase in earnings would have an impact on Fed policy
Thursday July 3rd	12.30	US jobless claims	384,000	384,000	high	A figure above 400,000 would damage confidence in the labour market
Thursday July 3rd	14.00	US ISM index (services)	51.7	51.1	high	Any figure above 50.0 would provide some reassurance over the US economy
Friday July 4th	10.00	Germany factory orders	-1.8%	0.8%	medium	The most recent data has been slightly better than expected
Friday July 4th	14.00	Canada PMI index	62.5	62.2	high	There looks to be some downside risk on this report given the Canadian risks
Monday July 7th	07.00	UK Halifax house-price index	-2.4%	-1.0%	high	A significant further downturn in prices will already have been discounted
Monday July 7th	08.30	UK industrial production	0.2%	-0.1%	medium	The report is likely to be subdued at best given the deterioration in PMI surveys