28 Jul 2015
Key events for the day ahead - Westpac
FXStreet (Guatemala) - Sean Callow, analyst at Westpac Banking Corporation explained that the Asian calendar is empty. Markets will be focusing on Chinese equities, opening at 9:30am local time and noted the key events thereafter.
Key Quotes:
"UK Q2 advance GDP is expected at 0.7%q/q and 2.6%y/y. In Q1 it was at 0.4% and 2.9%. The median forecast for US Jul consumer confidence is a dip from 101.4 to 100.0 which would still be near highs back to 2007. We will see S&P/Case-Shiller house prices. This is the preferred measure though tends not to be market moving. Prices were up a solid 4.9%y/y in Apr and are expected to rise further to 5.6% in May. The Richmond Fed Jul manufacturing index is also out.
At the NY close, RBNZ governor Wheeler speaks to a business breakfast. He should elaborate on last week’s brief statement which wasn’t quite as bearish as expected."
Key Quotes:
"UK Q2 advance GDP is expected at 0.7%q/q and 2.6%y/y. In Q1 it was at 0.4% and 2.9%. The median forecast for US Jul consumer confidence is a dip from 101.4 to 100.0 which would still be near highs back to 2007. We will see S&P/Case-Shiller house prices. This is the preferred measure though tends not to be market moving. Prices were up a solid 4.9%y/y in Apr and are expected to rise further to 5.6% in May. The Richmond Fed Jul manufacturing index is also out.
At the NY close, RBNZ governor Wheeler speaks to a business breakfast. He should elaborate on last week’s brief statement which wasn’t quite as bearish as expected."