How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
100 billion euro EU exit bill won’t be paid by Great Britain
The United Kingdom isn’t going to pay 100 billion euros just to leave the European Union. That’s what Brexit minister David Davis unveiled on Wednesday after the Financial Times disclosed that the European Union was about to demand the given amount.
Citing its own analysis of fresh stricter demands it told were driven by Germany and France, the newspaper told that 100 billion euros turned to be a big figure.
Davis informed the British channel ITV that Great Britain won’t shell out 100 billion. Instead, the country will discuss in detail what the obligations and rights are.
He added that the UK government hadn’t seen a figure from the European Union for the exit bill.
Besides this, the FT stressed that following requests from member states, the initial calculations were revised by EU negotiators for the purpose of maximizing the liabilities Great Britain would be asked to cover, including EU administration fees and post-Brexit farm payments in 2019 and 2020.
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The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Will oil change the trend after OPEC meetings?
Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
Latest news
What’s New with Australian Unemployment Rate?
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
Can the UK CPI surprise?
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Retail Sales Update
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
