
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not. That’s what trade authorities informed the previous week.
On Friday, the US International Trade Commission listed up to 25 companies in the probe, such as Toyota Motor Corporation, BMW, Honda Motor Co Ltd as well as Japanese parts suppliers Denso Corporation and Aisin Seiki Co Ltd.
The patent holding company Intellectual Ventures II turned to be the initiator of the probe. In March that company filed a complaint alleging that thermoplastic parts employed in water pumps, engines, electronic power steering units as well as other powertrain parts made by or utilized in vehicles sold by the companies infringe on its patents.
Utilized in parts, coming in contact with high-temperature car components, thermoplastics happened to be more durable and lightweight compared with other materials utilized in vehicle powertrains, thus helping to increase the overall efficiency and also enhance fuel economy.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
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.
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
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