The US NFP Update: What to Wait for?
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 is nearly intact, Kiwi soars in late trade
On Wednesday, the Australian dollar was nearly intact versus its American counterpart, while the New Zealand dollar rallied because market sentiment on the US currency was still vulnerable amid new concerns as for geopolitical tensions between America and North Korea.
The currency pair AUD/USD stood still at 0.7594, which is off a one-week minimum of 0.7584 achieved overnight.
Financial markets were quite jittery after North Korea reported it has successfully tested a fresh type of intercontinental ballistic missile reportedly capable of reaching the whole of continental United States. However, Donald Trump hurried to assure the nation that the North Korean issue is being handled.
The currency pair NZD/USD managed to grow 0.14% being worth 0.6908. It’s off last session's two-and-a-half week maximum of 0.6945.
The US currency had regained some footing following Tuesday’s data, which showed that American consumer confidence got closer to a 17-year peak this month.
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Bank of England Statement: What to Expect
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.
Australian Cash Rate Hot News
The Reserve Bank of Australia will make the cash rate statement on May 3, at 07:30 MT.
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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.
