economic calendar by dukascopy for 05 06 2018 LeyFcVM10 0

Economic Calendar by Dukascopy for 05.06.2018

It’s the May Services PMI day and data run starts at 7:45 in the morning with the Italian stats.

economic calendar by dukascopy for 05 06 2018 LeyFcVM10 0

Let’s take a look at the potential market moving fundamentals scheduled for publication on this Services PMI Tuesday.

It’s the May Services PMI day and data run starts at 7:45 in the morning with the Italian stats. Final French reading will be available at 7:50, followed by final German index at 7:55 and the whole bloc’s final data at 8 o’clock.

According to the flash report, Euro Zone index continued heading lower from 54.7 in April.

UK Services PMI will be released at 8:30 in the morning. Index rose in April from March’s 20 month low of 51.7.

Euro Zone Retail Sales for April are up next at 9 o’clock. Sales disappointed in March as they increased by just one tenth of a percent.

Single currency traders will be watching closely the high importance speech by the European Central Bank President Mario Draghi at 1 PM.

Then the high importance US Non-Manufacturing PMI for May follows at 2 PM GMT. The Index declined by 2 percent in April, but it remained well above the 50 level.

US Consumer Optimism for June will be available at the same time. Index rose further into moderately optimistic territory in May, gaining one point to 53.6.

Ozzy Dollar traders will be watching closely the first quarter Australian Gross Domestic Product release at 1:30 in the morning. Economy expanded at a rate of point 4% in the final quarter of last year, but the pace of growth is expected to be stronger this time around.

I’m Kiays Khalil and you’ve been watching the Economic Calendar for Tuesday.

Click here to start trading

Disclamer : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
75.2% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Haroun Kola avatar
Haroun Kola logo

Best Forex Brokers

in South Africa