1Finance

US Crude Oil Inventories, Rate decision in New Zealand, US Unemployment Claims, German GDP data, US Retail sales, Producer prices and Consumer sentiment. These are the major events on forex calendar.

1. US Crude Oil Inventories: Wednesday, 14:30. Oil prices edged up more than 3%, with U.S. crude futures returning to above $40 a barrel.
2. New Zealand rate decision: Wednesday, 21:00. The central bank is expected to cut rates to 2.00% this time.
3. US Unemployment Claims: Thursday, 12:30. The number of claims is expected to reach 272,000 this week.
4. Eurozone: German GDP data: Friday, 6:00. German GDP is expected to grow by 0.3% in the second quarter.
5. US Retail sales: Friday, 12:30. Economists expect retail sales to gain 0.4% in July while core sales are expected to rise 0.2%.
6. US PPI: Friday, 12:30. Producer prices are expected to gain 0.1% this time.
7. US Prelim UoM Consumer Sentiment: Friday, 14:00. Consumer sentiment is expected to rise to 1.5 in August.

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