Nationwide House Price Index. UK, 08:00 (GMT+2) 02 Aug

02Aug.202207:00

Nationwide House Price Index. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), the July House Price Index from the British Nationwide Building Society will be published, measuring the change in the average price of a house with a mortgage issued by it in the United Kingdom, and being the leading indicator on the national real estate market. It is predicted that the value will increase from 0.3% to 0.5%, which may push the pound quotes to growth.

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02 Aug. 2022 05:30

Interest Rate Decision. Australia, 06:30 (GMT+2)

At 06:30 (GMT+2) the Reserve Bank of Australia will announce the decision on the interest rate. The indicator is expected to increase from the current 1.35% to 1.85% in order to combat record inflation. The accompanying statement may contain an assessment of the country's financial authorities regarding the current state of the economy against the background of global geopolitical tensions and the energy crisis.

02 Aug. 2022 08:30

Purchasing Manager's Index from procure.ch. Switzerland, 09:30 (GMT+2)

Manufacturing PMI data for July in Switzerland will be published at 09:30 (GMT+2). It reflects the level of activity of purchasing managers in the manufacturing sector and is one of the important indicators characterizing the degree of confidence of large businesses in the economic development of the country. The indicator is expected to decrease from 59.1 points to 57.9 points, this may become a catalyst for the decline of the Swiss franc.

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