Americans living in Georgia attend a jobs fair. A key reading of initial jobless claims will be released tomorrow.
Here's what you need to know.
- Japan starts things off at 7:15 p.m. on Wednesday evening with June manufacturing PMI. There is no consensus for the report, which last registered at 50.7.
- Announcements stay in Japan at 7:50, when the country releases May retail sales. Economists forecast a 0.2 percent sequential rise during the month.
- Australian new home sales follow at 9:00 p.m.
- Announcements go quiet until 2:00 a.m. on Thursday morning, when U.K. home prices will be released. Projections are for a 0.1 percent rise in June.
- Danish unemployment hits at 3:00 a.m., with forecasts for the jobless rate to remain unchanged at 4.4 percent.
- German unemployment will be released at 3:55, with consensus for no change at 6.7 percent in June.
- The final reading of U.K. GDP follows at 4:00 a.m. Economists believe an earlier reading showing a 0.3 percent contraction will be maintained.
- Eurozone June consumer confidence hits at 5:00 a.m. A previous reading of -19.6 is expected to hold.
- Also at 5:00 a.m., Italian CPI will be announced. Preliminary June figures are forecast to show no increase in inflation month-on-month.
- Attention shifts to the U.S. at 8:30 a.m. with the initial jobless claims and final first quarter GDP reports. Economists forecast claims fell slightly to 385,000 week-on-week. The third reading of GDP is projected to show the economy grew at an annualized pace of 1.9 percent.
- Closing out the day at 11:00 a.m. is the June manufacturing survey out of the Federal Reserve Bank of Kansas City. The business activity index is forecast to decline five points to 4.
