UK Services and Manufacturing PMIs are announced on Friday at 11:30 MT time.
Pay attention to the GBP
The bank of England will publish its monetary policy summary and make the announcement of the interest rate on May 2 at 14:00 MT time. After that, the BOE governor Mark Carney will make a speech at 14:30 MT time.
The interest rate is expected to remain at 0.75%. We need to pay attention to the changes in the statement and the comments by the BOE governor. At the moment, the bank keeps its dovish outlook due to the Brexit uncertainties and weaker global economic conditions. Any hawkish outlines may support the British pound.
• If the BOE is hawkish, the GBP will rise;
• If the BOE is dovish, the GBP will fall.
The Reserve Bank of Australia will publish its statement and announce the interest rate on July 7, at 7:30 MT time.
BOE releases the monetary policy meeting minutes on Thursday at 14:00 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.