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Economic Weekly Calendar:03 July '17- 07 July'17

Monday, 3 July, 06:45am (Local time)

Purchasing Managers' Index (PMI) (CNY)

Impact Level: High

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Monday, 3 July, 01:30pm (Local time)

Purchasing Managers' Index (PMI) (GBP)

Impact Level: High

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Monday, 3 July, 07:00m (Local time)

Purchasing Managers' Index (PMI) (USD)

Impact Level: High

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Tuesday, 4 July, 06.30am (Local time)

Retail Sales m/m (AUD)

Impact Level: High

It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

Tuesday, 4 July, 09.30am (Local time)

Reserve Bank of Australia (RBA) (AUD)

Impact Level: High

It's among the primary tools the RBA Reserve Bank Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

Tuesday, 4 July, 01.30pm (Local time)

Purchasing Managers' Index (PMI) (GBP)

Impact Level: High

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Wednesday, 5 July, 01:30pm (Local time)

Purchasing Managers' Index (PMI) (GBP)

Impact Level: High

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Wednesday, 5 July, 11:00pm (Local time)

Federal Open Market Committee (FOMC) (USD)

Impact Level: High

It's a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates.

Thursday, 6 July, 06:30am (Local time)

International Trade in Goods and Services (AUD)

Impact Level: High

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

Thursday, 6 July, 05:15pm (Local time)

Automatic Data Processing, Inc. (ADP) (USD)

Impact Level: High

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Thursday, 6 July, 05:30pm (Local time)

International Merchandise Trade (CAD)

Impact Level: High

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers/

Thursday, 6 July, 05:30pm (Local time)

Jobless Claims, Initial Claims (USD)

Impact Level: High

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

Thursday, 6 July, 07:00pm (Local time)

Purchasing Managers' Index (PMI) (USD)

Impact Level: High

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Thursday, 6 July, 08:00pm (Local time)

Energy Information Administration (EIA) (USD)

Impact Level: High

It influences the price of petroleum products which affects inflation, but also impacts growth as many industries rely on oil to produce goods

Friday, 7 July, 01:30pm (Local time)

Factory production (GPB)

Impact Level: High

It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings.

Friday, 7 July, DAY 1 (Local time)

Group of Twenty (G20) (ALL)

Impact Level: High

While it's not an institution, the G20 is an influential global policy-making body operating at the highest level, and their initiatives and policies can impact the currency markets.

Friday, 7 July, 05:30pm (Local time)

Employment Change (CAD)

Impact Level: High

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Friday, 7 July, 05:30pm (Local time)

Jobless Rate (CAD)

Impact Level: High

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.

Friday, 7 July, 05:30pm (Local time)

Average Hourly Earnings m/m (USD)

Impact Level: High

It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer.

Friday, 7 July, 05:30pm (Local time)

Non-Farm Payrolls, NFP, Employment Change (USD)

Impact Level: High

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Friday, 7 July, 05:30pm (Local time)

Jobless Rate (USD)

Impact Level: High

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

Friday, 7 July, (Tentative)

Bank of England (BOE) (GBP)

Impact Level: High

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.