The US PPI will come out on Thursday, May 12, at 15:30 MT time.
British business confidence edges up to five-month maximum in December
Confidence among UK businesses has ascended to its highest value since July because businesses actually expect a busier 2018, although optimism is still below its level before the previous year's Brexit vote, as a poll by Lloyds Bank revealed on Friday.
In December, Lloyds' business barometer tacked on to +28 versus November’s reading of +24, compared to a pre-referendum average of about +44.
Official data to be released a bit later is believed to confirm that UK annual economic surge held at 1.5% for the last months to September versus an average of more than 2% before the referendum to break up with the European Union.
The outcome hints that the UK economy keeps expanding in the fourth quarter at rather a similar tempo to recent quarters, as some financial analysts told.
Nevertheless, larger businesses reported the weakest business prospects and also the biggest worries as for the impact of Brexit.
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 Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 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.