Third quarter release more important - BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that June data across the board, barring a significant surprise, will lose its potential to impact the market.

Key Quotes:

"With the euro zone and Japan's GDP figures, the second quarter is statistically over and June data, barring a significant surprise, will lose its potential to impact the market”.

“Third quarter data is considerably more important for investors and policy makers. This is true of several pieces of economic data to be released in the coming day, including the US JOLTS data."