US: Fed speak in focus amongst economic releases – Deutsche Bank
Research Team at Deutsche Bank, suggests that in the US the early data release is the NFIB small business optimism survey for June which is expected to come in little changed relative to May.
Key Quotes
“Following that, this afternoon we’ll get the JOLTS job openings report for May where the focus will be on the hiring and quits rates. That said given the rebound in payrolls for June this data may look a little stale. The other data due out this afternoon will be the wholesale inventories and trade sales report.
Away from the data it’s a busy day of Fedspeak. Tarullo (2.15pm BST), Bullard (2.35pm BST) and Kashkari (10.30pm BST) are all scheduled to speak today. Meanwhile the BoE is due to publish the record of the Financial Policy Committee’s meeting held on June 28th with Governor Carney due to speak shortly after at 10am BST.”