What is it? Labor Cash Earnings, Total Cash Earnings. Income is correlated with spending - the more disposable income consumers have, the more likely they are to increase spending.

When? At 09:30am Eastern time.

Trading Tip: If the actual number is higher than the forecast, you can expect the JPY  to rise.

 

 

 

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What is it? It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment. A Survey of about 1,500 businesses which asks respondents to rate the relative 12-month economic outlook.

When? At 09:00am Eastern time.

Trading Tip: If the actual number is higher than the forecast, you can expect the NZD to rise.

 

 

 

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U.S. stocks were mixed at the open on Friday ahead of a EuroGroup meeting about extending Greece's bailout program.

The Dow Jones industrial average (DJI) rose 58.02 points, or 0.32 percent, to 17,948.38, the S&P 500 (SPX) gained 1.9 points, or 0.09 percent, to 2,104.21 and the Nasdaq Composite (IXIC) dropped 4.17 points, or 0.08 percent, to 5,108.02.

The dollar held steadt against a basket of other major currencies on Friday, as investors eyed the release of U.S. consumer sentiment data later in the day and continued to focus on Greek debt talks.

The dollar found support after data on Thursday showed that U.S. personal spending rose by 0.9% in May, above expectations for a gain of 0.7%.

Crude oil futures fell to one-week lows on Friday, as the U.S. dollar remained supported by the previous session's upbeat U.S. data and amid growing concerns over the outcome of Greek debt negotiations.

The U.S. dollar rose against its Canadian counterpart on Friday, as Thursday's upbeat U.S. data continued to support the greenback and investors continued to focus on Greek debt talks.

USD/CAD hit 1.2397 during early U.S. trade, the session high; the pair subsequently consolidated at 1.2380, gaining 0.46%.

 

 

 

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What is it? Due to meet about a range of global economic issues, including migration policy, defense, and the United Kingdom's call to renegotiate its membership terms with the EU, in Brussels.

When? All day

Trading Tip: This announcement can greatly affect the EUR so make sure to follow it!

 

 

 

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