At 08:30 GMT, BOE Governor Mark Carney is due to hold a press conference about the Financial Stability Report, in London. The Report will be released at this time along with the FPC Statement. GBP pairs can move in reaction to comments made during this event.
At 12:30 GMT, US Durable Goods Orders ex Transportation (May) are expected to come in at 0.5% from 0.9% previously. Durable Goods Orders (May) is expected at -1.0% against -1.6% previously which was revised up from -1.7%. This data fell under 0% last month and is expected to stay below this mark but come in higher than the previous reading. The ex-transports data is also expected to be lower than the previous reading. This shows a slowing in quantity of orders placed. USD crosses can be moved by this data.
At 14:00 GMT, Pending Home Sales (MoM) (May) is expected to be 0.5% against a prior reading of -1.3%. These data points are expected to rebound after declining to the lowest level in four years In January at -4.7%. The New Year is usually the worst time for US home sales and there was a strong rebound in February. The data is expected to turn back above zero today. USD pairs can move due to this data release.
At 15:00 GMT, US Fed’s Quarles is due to speak about financial regulation at the Utah Bankers Association Annual Convention, in Idaho. USD pairs can be impacted as a result of comments made during this time.
At 20:00 GMT, BOC Governor Poloz is due to deliver a speech titled “Let Me Be Clear: From Transparency to Trust and Understanding” at the Greater Victoria Chamber of Commerce, in British Columbia. Audience questions are expected to follow. Comments made can result in moves in CAD pairs.
At 21:45 GMT, New Zealand Interest Rate Decision will be released and is expected to be left unchanged at 1.75%. The Rate Statement will also be released at the same time. This data can cause a move in the NZD crosses.
