How Will USD React To The US PPI?
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.
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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.
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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.
