Good Morning Traders! This Thursday brings us the Bank of England rate decision, as well as composite and services PMI's for the Euro Area.
Here is what else to keep an eye out for.
Sentiment
As investors attempt to predict how much the central bank will permit rates to increase under its more lenient yield-curve control, Japanese government bonds continued to face downward pressure on Thursday.
As iron-ore shipments increased and overall exports decreased less than imports in June, Australia's monthly trade surplus grew.
Esther George, a lifelong banker and bank regulator, retired in January, and the Federal Reserve Bank of Kansas City named Jeffrey R. Schmid as its next president to take her place, maintaining a tradition of appointing experienced financial regulators to oversee the bank.
Docket
03:55 AM ET
German Composite PMI Final
Median Forecast 48.3 | Prior 48.3 | Range 48.3/48.3
German Services PMI Final
Median Forecast 52.0 | Prior 52.0 | Range 53.0/52.0
04:30 AM ET
UK Composite PMI Final
Median Forecast 50.7 | Prior 50.7 | Range 52.0/50.7
UK Services PMI Final
Median Forecast 51.5 | Prior 51.5 | Range 52.0/50.7
07:00 AM ET
BoE Bank Rate
Median Forecast 5.1% | Prior 5.0% | Range 5.5%/5.25%
BoE Monetary Policy Report
BoE Monetary Policy Summary
Speakers
05:00 AM ET
ECB's Panetta Speaks
07:30 AM ET
BoE's Press Conference w/ Gov. Bailey
Good Luck Today Traders!
