@@@@ IMPORTANT DATAS AND EVENTS TO WATCH @@@@ July 18th ## GB Retails Sales (June 2013): This report will show the changes in the retails sales in Great Britain for June 2013. It may affect the path of the British Pound currency. In the previous report regarding May 2013, retails sales changed direction and rose by 2.1%; ## Spanish 10 Year Bond Auction: Spain will issue its monthly with bond auction; in the last bond auction, which was held at the middle of June, the average rate rose to 4.77% – the highest rate since March 2013; ## U.S. Jobless Claims Weekly Report: this weekly update will refer to the changes in the initial jobless claims for the week ending on July 13th; in the last report the jobless claims bounced back by 16k to reach 344k; the next weekly report may affect the U.S dollar and consequently commodities and equities markets; ## Bernanke’s Testimony: Bernanke will also testify this time before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate. The title of the speech is the same as in the testimony given in Congress. The big issue will be the answers Bernanke will give to the Committee and how his answers may affect the market’s perspective on the Fed’s next steps; ## Philly Fed Manufacturing Index: This monthly survey projects the growth of the US manufacturing sectors. In the last survey regarding June, the growth rate bounced back from -5.2 in May to +12.5 in June. If the index will continue to rally, it may positively affect not only U.S Dollar but also U.S equity markets and commodities ## EIA U.S. Natural Gas Storage: the EIA weekly update of the U.S. natural gas market will pertain to the latest developments in natural gas production, storage, consumption and prices as of July 12th; in previous weekly report, natural gas storage increased by 82 Bcf to 2,687 Bcf;
Posted on: Thu, 18 Jul 2013 01:38:21 +0000