Contributors Fundamental Analysis UK And US Central Bank Representatives Will Be Speaking Today

UK And US Central Bank Representatives Will Be Speaking Today

At 09:00 GMT, MPC Member Haskel is due to testify on his appointment before the Treasury Select Committee, in London. GBP pairs can move in reaction to comments made during this event.

At 09:30 GMT, MPC Member McCafferty is due to speak about monetary policy at the Official Monetary and Financial Institutions Forum, in London. Audience questions are expected to follow. GBP crosses may be moved by the comments made during this event.

At 12:00 GMT, US S&P/Case Schiller Home Price Index (YoY) (Apr) is expected to come in at 6.8% from a prior 6.8%. This measure has been holding a steady improvement since the late 2014 low, with today’s data expected to be largely in line with expectations.USD crosses may be heavily traded as a result of this data.

At 17:00 GMT, FOMC Member Bostic is due to speak at the Birmingham Civil Rights Institute, in Alabama. Audience questions are expected after the speech. USD pairs can move as a result of comments made during this event.

At 17:45 GMT, FOMC Member Kaplan is due to speak at a scheduled event today. USD pairs can be impacted as a result of comments made during this time.

At 21:45 GMT, New Zealand Trade Balance (MoM) (May) numbers will be released and is expected to be $100M (MoM) and $-3.74B (YoY) with a prior number of $-1,193M (MoM) and $-3.76B (YoY). Imports (May) are expected to be $5.10B against $4.79B previously. Exports (May) are expected to be $5.25B against $5.05B previously. This data can cause a move in the NZD crosses.

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