Hello, traders, let’s see which news releases could move the currency markets on Tuesday, the 25th of July.
German Ifo Business Sentiment for July is up first at 8 AM, and the Index has actually been growing for 5 months straight, rising to a record-high level in June.
Coming up next at 1 PM GMT is the US House Price Index for May. The April Index continued growing at a steady point 7% pace.
The closely watched US Consumer Confidence Index for July follows at 2. The Index rebounded in June from a drop to 117.6 points the previous month.
New Zealand Trade Balance for June is out at 10:45 in the evening. Trade surplus narrowed significantly in May as imports outpaced the exports.
Australian second quarter CPI will be available at 1:30 AM, and it is a high importance release for the Aussie Dollar traders. A strong gain in transportation prices pushed the annual inflation to a 3-year high in the first quarter.
And Reserve Bank of Australia Governor Philip Lowe will be giving a closely watched speech at 3:05, speaking on the subject of labour market and monetary policy.
