The US Bureau of Labor Statistics will announce average hourly earnings, nonfarm employment change (NFP), and the unemployment rate on May 6, at 15:30 MT time.
Aussie and Kiwi tack on
On Tuesday, the Australian and New Zealand dollars soared versus their American rival after the Reserve Bank of Australia left interest rates intact and optimism over the vote of an American tax reform bill started waning.
The currency pair AUD/USD inched up 0.59% hitting 0.7644, which is off a three-week maximum of 0.7654 reached overnight.
In a widely anticipated move, the RBA didn’t change its benchmark interest rate, leaving it at 1.50%.
RBA Governor Philip Lowe told that the major financial institution maintained its estimate for inflation to soar gradually as the Australian economy edges up.
Besides this, the Australian Bureau of Statistics told that the current account surplus dipped to A$9.1 billion during the third quarter versus A$9.7 billion in the second quarter.
Market expert had hoped for a current account deficit of about A$9.2 billion in the last quarter.
The currency pair NZD/USD tacked on 0.54% being worth 0.6898.
The Bank of England will publish its Monetary Policy Report and Summary, Official Bank Rate, and its votes on May 5 at 14:00 MT.
The Reserve Bank of Australia will make the cash rate statement on May 3, at 07:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.