Factory orders. USA, 16:00 (GMT+2) 05 Jul

05Jul.202315:00

Factory orders. USA, 16:00 (GMT+2)

At 16:00 (GMT+2) in the US, May data on the volume of industrial orders will be published. This indicator captures the change in the number of orders for durable and non-durable goods. The figure is expected to correct from 0.4% to 0.8%. Implementation of the forecast may support the US dollar.

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05 Jul. 2023 10:00

Producer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), May data on the producer price index in the EU will be published. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products, and final goods are taken into account). Higher prices for producers contribute to the growth of consumer inflation in the region. It is expected that the value will correct from 1.0% to –1.3% YoY and from –3.2% to –1.8% MoM, putting pressure on the euro.

05 Jul. 2023 19:00

FOMC meeting minutes. USA, 20:00 (GMT+2)

At 20:00 (GMT+2), the minutes of the last meeting of the US Federal Reserve Open Market Committee (FOMC) will be published. The document may contain the views of the members of the regulator on the current state of the American economy, as well as hints for further actions to slow down inflation and restore macroeconomic indicators in the face of global geopolitical tensions.

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