Caixin services PMI. China, 03:45 (GMT+2) 03 Jul

03Jul.202502:45

Caixin services PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), the June Caixin Services PMI is due, based on a survey of purchasing managers of non-manufacturing enterprises. At the same time, their attitude to the current economic situation and prospects for its further development is assessed. It is likely to decrease from 51.1 points to 50.0 points, putting pressure on the national currency.

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03 Jul. 2025 02:30

Trade balance. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), Australia will publish May data on the trade balance, an indicator that records the difference between the payments for exported and imported goods. The surplus may be adjusted downwards from 5.413B Australian dollars to 5.080B Australian dollars, putting pressure on the national currency.

03 Jul. 2025 07:30

Consumer price index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Switzerland will publish June data on the consumer price index. It is the main indicator of inflation in the country and reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities and health care. If it grows from 0.1% MoM and from –0.1% YoY, this will likely affect the rhetoric of monetary authorities on the issue of adjusting the interest rate.

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