Economic Calendar and Market News Includes UK, Canada, Japan, Oil, and Gold:
👋Greatings, dear traders! Let’s discuss the most exciting Market News and the Economic Calendar.
📆 Economic Calendar (GMT+3):
All times are GMT+3. Check your time zone here
Monday:
- USD 16:00: FOMC Member Waller Speaks
Tuesday:
- CAD 15:30: CPI m/m
- CAD 15:30: Median CPI y/y
- CAD 15:30: Trimmed CPI y/y
- GBP 20:00: BOE Gov Bailey Speaks
Wednesday:
- NZD 5:00: Official Cash Rate
- NZD 5:00: RBNZ Monetary Policy Statement
- GBP 9:00: CPI y/y
- USD 21:00: FOMC Meeting Minutes
Thursday:
- EUR 10:15: French Flash Manufacturing PMI
- EUR 10:15: German Flash Manufacturing PMI
- GBP 11:30: Flash Manufacturing PMI
- USD 15:30: Unemployment Claims
- USD 15:30: Flash Manufacturing PMI
- USD 15:30: Flash Services PMI
Friday:
- GBP 9:00: Retail Sales m/m
- USD 17:00: Revised UoM Consumer Sentiment
Market News Updates:
🔥 G-7 Central Banks Meeting: Set to assess inflation and wage data from the UK, Canada, Japan, and the eurozone to guide June interest rate decisions.
🇨🇳 China’s Financial Pressures: Consumers are struggling with a weak property market and labor conditions, now facing significant increases in utility costs.
🇯🇵 Japan’s Bond Yield Surge: The 10-year yield reached its highest point since 2013, driven by expectations of rate hikes by the Bank of Japan.
☄️ Gold Price Spike: Gold reached a new all-time high due to expectations of a Federal Reserve rate cut, Middle East tensions, a weakening US dollar, and rallying US Treasuries.
🛢 Oil Price Rise: Political uncertainty in major oil-producing countries Iran and Saudi Arabia has driven oil prices higher.
Stay informed and ready to respond to these market-moving events. Happy trading!