The United States will publish a weekly update on unemployment claims on July 9, at 15:30 MT time.
Inflation data may push the USD higher
The United States will publish the level of CPI and core CPI on June 12, at 15:30 MT time.
The consumer price index represents a huge part of the overall inflation. Its core level excludes the prices of food and energy due to their high volatility. Last time the actual figures of indicators disappointed the market. The headline CPI advanced only by 0.3% (vs. 0.4% expected) and the core CPI increased by 0.1% (vs. 0.2% expected). The releases weakened the USD. Let's see what happens to the greenback this time.
• Higher-than-expected figures of indicators will push the USD up;
• Lower-than-expected figures of indicators will pull the USD down.
Non-Farm Payrolls data will be released on Thursday at 15:30 MT time.
The US retails sales are announced on Tuesday at 15:30 MT time.
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
The Federal Open Market Committee will make its statement and announce the interest rate on July 29, at 21:00 MT time.