Jeremy Oles
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| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 01:30 |  | 2 points | Retail Sales (MoM) (May) | ——— | 0.1% |
| 01:45 |  | 2 points | Caixin Manufacturing PMI (Jun) | 51.2 | 51.7 |
| 07:00 |  | 2 points | European Central Bank Non-monetary Policy Meeting | ——— | ——— |
| 08:00 | | 2 points | HCOB Eurozone Manufacturing PMI (Jun) | 45.6 | 47.3 |
| 13:45 |  | 3 points | S&P Global US Manufacturing PMI (Jun) | 51.7 | 51.3 |
| 14:00 | | 2 points | Construction Spending (MoM) (May) | ——— | -0.1% |
| 14:00 | | 2 points | ISM Manufacturing Employment (Jun) | ——— | 51.1 |
| 14:00 | | 3 points | ISM Manufacturing PMI (Jun) | 49.0 | 48.7 |
| 14:00 | | 3 points | ISM Manufacturing Prices (Jun) | ——— | 57.0 |
| 16:00 | | 2 points | Atlanta Fed GDPNow (Q3) | ——— | ——— |
| 19:00 | | 2 points | ECB President Lagarde Speaks | ——— | ——— |
| 22:00 |  | 2 points | NZIER Business Confidence (Q2) | ——— | -25% |
Summary of Upcoming Economic Events on July 1, 2024
- Retail Sales (May): Measures consumer spending changes. Previous value: 0.1%.
- Caixin Manufacturing PMI (Jun): Indicates China’s manufacturing health. Forecast: 51.2, Previous: 51.7.
- European Central Bank Meeting: Discusses non-monetary policies in the Eurozone.
- Eurozone Manufacturing PMI (Jun): Tracks Eurozone manufacturing activity. Forecast: 45.6, Previous: 47.3.
- US Manufacturing PMI (Jun): Measures US manufacturing health. Forecast: 51.7, Previous: 51.3.
- Construction Spending (May): Indicates spending on US construction projects. Previous value: 0.1%.
- ISM Manufacturing Employment (Jun): Tracks US manufacturing jobs. Previous value: 51.1.
- ISM Manufacturing PMI (Jun): Measures overall US manufacturing activity. Forecast: 49.0, Previous: 48.7.
- ISM Manufacturing Prices (Jun): Indicates US manufacturing price trends. Previous value: 57.0.
- Atlanta Fed GDPNow (Q3): Estimates US GDP growth for Q3.
- ECB President Lagarde Speaks: Remarks from the ECB President can influence markets.
- NZIER Business Confidence (Q2): Reflects New Zealand business confidence. Previous value: -25%.
Market Impact Analysis
- Retail Sales: Stable figures support markets; deviations can affect consumer confidence.
- Caixin Manufacturing PMI: Stability supports global markets; deviations could signal issues in China’s economy.
- ECB Meeting: Expected discussions have minimal impact unless unexpected topics arise.
- Eurozone Manufacturing PMI: Stability supports markets; significant deviations could increase volatility.
- US Manufacturing PMI: Consistent data supports positive sentiment; deviations could impact volatility.
- Construction Spending: Stable spending indicates growth; deviations affect economic perception.
- ISM Manufacturing Employment: Stability supports market confidence; changes could lead to volatility.
- ISM Manufacturing PMI: Stability supports markets; significant deviations could impact sentiment.
- ISM Manufacturing Prices: Stable prices indicate manageable inflation; deviations could raise concerns.
- Atlanta Fed GDPNow: Expected estimates reassure growth; differences affect outlook.
- ECB President Lagarde: Expected remarks are stable; unexpected statements could cause volatility.
- NZIER Business Confidence: Stable confidence indicates steady environment; deviations impact sentiment.
Overall Impact
- Volatility: Moderate, potentially high if multiple events deviate from expectations.
- Impact Score: 6/10, indicating significant potential market movements, especially if key data or speeches diverge from forecasts.
