How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
British businesses urge authorities to reach Brexit transition deal
The British government is expected to act rapidly for the purpose of securing a Brexit transition deal, risk losing jobs as well as investment in Great Britain, as business leaders, who represent millions of employees, are due to warn.
As a matter of fact, in a draft letter due to be delivered to Brexit minister David Davis, UK five major business organizations told that a deal to provide a status quo transition was urgently required because British companies prepare to make investment decisions in the beginning of next year.
UK Prime Minister Theresa May has pledged to retain absolute access to the European track bloc’s single market for up to two years after Brexit just to restrict the disruption for British companies because they leave the EU, although the two sides are yet to negotiate the details.
Britain’s five major business groups joined the initiative. These were the British Chambers of Commerce, the EEF, the Institute of Directors, the CBI and the manufacturing group.
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Will CPI push USD higher?
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Will oil change the trend after OPEC meetings?
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.
Latest news
What Will Bring the Core PCE Price Index Release?
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The Big Release for the USD
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
Will New Zealand’s Central Bank Boost the NZD?
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.
