How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
American business group asks Washington to 'utilize every arrow' against China
America needs to utilize every arrow in its quiver for the purpose of ensuring a level commercial playing field in China. That’s what an American business lobby told on Tuesday. They also warned that 2017 might appear to be the toughest year in decades for US companies in the country.
China's policies specially designed to back domestic companies and also create national champions have already narrowed the space for foreign businesses, as the American Chamber of Commerce in China told in its annual business climate report.
Meanwhile, the White House has told that American as well as Chinese officials are fleshing out a promise by leaders Xi Jinping and Donald Trump for a 100-day plan to drop the American trade deficit with China that hit $347 billion the previous year.
However, the chamber told it hoped market access for American companies China would be paid more attention.
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Will CPI push USD higher?
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 Will Bring the Core PCE Price Index Release?
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The Big Release for the USD
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
Will New Zealand’s Central Bank Boost the NZD?
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.
