U.S. Retail Sales on Forex Focus Today

Sterling traders are waiting the UK May average weekly earnings, the UK May ILO unemployment rate and the UK June jobless claims change all to be released at 8:30GMT.

EURUSD traders await the Eurozone May trade balance data due at 9:00GMT and also the Germany July ZEW survey current situation. The Italian June final CPI figures will also be released.

In the US calendar we have the Retail Sales m/m, the Core Retail Sales m/m, the Import and Export Price Index m/m to be released at 12:30GMT. The Fed Industrial Production m/m, and the Fed Capacity Utilization Rate are due at 13:15GMT while at 14:00GMT the Business Inventories m/m and the NAHB Housing Market Index ill be published.

In our central bank calendar the FOMC Member Kaplan, Fed Chair Powell and FOMC Member Evans deliver speeches during U.S. trading session.Don’t miss a beat! Follow us on Twitter.

Download our latest quarterly market outlook for our longer-term trade ideas.

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