Monday 20 July
10:00 am Construction Output s.a (MoM) (May)
The report released by Eurostat is the output of the construction industry, in both the private and public sectors.
10:00 am Construction Output w.d.a (YoY) (May)
The report released by Eurostat is the output of the construction industry, in both the private and public sectors.
Tuesday 21 July
9:00 am ECB Bank Lending Survey
The bank lending survey (BLS) for the eurozone was launched in 2003. Its main objective is to enhance the Eurosystem’s knowledge of financing conditions in the euro area. The BLS provides input to the ECB Governing Council’s assessment of monetary and economic developments, on which it bases its monetary policy decisions.
10:00 am ZEW Survey – Economic Sentiment (Jul)
The Economic Sentiment published by the Zentrum für Europäische Wirtschaftsforschung measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic.
12:30 pm ECB’s Nagel speech
Joachim Nagel has been the President of the Deutsche Bundesbank and a member of the European Central Bank board since 2022.
Thursday 23 July
1:15 pm ECB Main Refinancing Operations Rate
One of the three key interest rates set by the European Central Bank (ECB), the main refinancing operations rate is the interest rate the ECB charges to banks for one-week long loans.
1:15 pm ECB Monetary Policy Statement
At each of the European Central Bank’s (ECB) eight governing council meetings, the ECB releases a short statement explaining its monetary policy decision, in light of its goal of meeting its inflation target.
1:15 pm ECB Rate On Deposit Facility
One of the European Central Bank‘s three key interest rates, the rate on the deposit facility, is the rate at which banks earn interest when they deposit funds with the ECB.
1:45 pm ECB Press Conference
Following the European Central Bank’s (ECB) economic policy decision, the ECB President gives a press conference regarding monetary policy.
3:00 pm Consumer Confidence (Jul) (Preliminary release)
The Consumer Confidence released by the European Commission is a leading index that measures the level of consumer confidence in economic activity.
Friday 24 July
9:00 am HCOB Composite PMI (Jul) (Preliminary release)
The Composite Purchasing Managers’ Index (PMI), released on a monthly basis by S&P Global and Hamburg Commercial Bank (HCOB), is a leading indicator gauging private-business activity in the Eurozone for both the manufacturing and services sectors. The data is derived from surveys to senior executives.
9:00 am HCOB Manufacturing PMI (Jul) (Preliminary release)
The Manufacturing Purchasing Managers Index (PMI), released on a monthly basis by S&P Global and Hamburg Commercial Bank (HCOB), is a leading indicator gauging business activity in the Eurozone manufacturing sector.
9:00 am HCOB Services PMI (Jul) (Preliminary release)
The Services Purchasing Managers Index (PMI), released on a monthly basis by S&P Global and Hamburg Commercial Bank (HCOB), is a leading indicator gauging business activity in the Eurozone services sector.
4:30 pm ECB’s Lane speech
Philip Richard Lane has been an Executive Board member of the European Central Bank since June 2019 and its Chief Economist.
8:30 pm CFTC EUR NC Net Positions
The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken, across all maturities, participants primarily based in Chicago and New York futures markets.
