Traders Read BoE Minutes and Listen to Bernanke

As markets digest the Bank of England Minutes, investors brace for retail sales and money supply data set for release tomorrow. Currency traders will also closely monitor the aforementioned data in conjunction with the commencement of Bernanke?s testimony to gauge market sentiment before initiating further long positions.

[B][U]Next 24 Hours: (7/19)[/U][/B]

  • [B]Retail Sales (MoM) (JUN)
    [/B]Survey: 0.3%
    Previous: 0.4%
  • [B]Retail Sales (YoY) (JUN)[/B]
    Survey: 3.5%
    Previous: 3.9%
    [B]- Public Finances (PSNCR) (JUN)[/B]
    Survey: 12.1B
    Previous: 6.2B
  • [B]Public Sector Net Borrowing (JUN)[/B]
    Survey: 6.2B
    Previous: 8.2B
  • [B]M4 Money Supply (MoM) (JUN P)
    [/B]Survey: 1.1%
    Previous: 1.2%
  • [B]M4 Money Supply (YoY) (JUN P)
    [/B]Survey: 13.4%
    Previous: 13.9%
  • [B]M4 Sterling Lending (GBP) (JUN P)
    [/B]Survey: 18.9B
    Previous: 123.3B

[B][U]Last 24 Hours:[/U][/B]

  • [B]Bank of England Minutes for July 4-5 Meeting
    [/B]- [B]Claimant Count Rate (JUN)[/B]
    Actual: 2.7%
    Previous: 2.7%
  • [B]Jobless Claims Change (JUN)[/B]
    Actual: -13.8k
    Previous: -9.3k
  • [B]Average Earnings Including Bonus (3M/YoY) (MAY)[/B]
    Actual: 3.5%
    Previous: 4.0%
  • [B]Average Earnings Excluding Bonus (3M/YoY) (MAY)[/B]
    Actual: 3.5%
    Previous: 3.6%
  • [B]ILO Unemployment Rate (3mnths) (MAY)
    [/B]Actual: 5.4%
    Previous: 5.5%
  • [B]Manufacturing Unit Wage Cost (3m/YoY) (MAY)[/B]
    Actual: n/a
    Previous: 0.3%

See [I]Daily FX Weekly Calendar[/I] for further insight.