The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
Australian dollar edges up in Asia ahead of NAB
On Tuesday, the Australian dollar tacked on in Asia, with a business poll ahead supposed to set the tone along with later data from China on money supply.
The currency pair AUD/USD showed 0.7543, rising 0.17%, USD/JPY reached 109.88, sliding 0.42%. The currency pair GBP/USD went down overnight by 0.69%, being worth 1.2659.
Gauging the greenback's value versus a trade-weighted basket of six main currencies, the US dollar index slid 0.09%, trading at 97.15.
The National Australia Bank is expected to publish its May business confidence poll with the previous reading at plus-13 as well as its business poll with the previous figure at plus-14. As for China’s report on money stock, it’s supposed to demonstrate a 10.4% revenue on year, while new loans might hit CNY 1 trillion.
Overnight, the greenback stood flat versus a basket of major currencies, unable to capitalize from a drop in the British pound, while expectations that the Fed will lift its benchmark rate on Wednesday restricted downside momentum.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
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.
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.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.