The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
British construction PMI slides more than anticipated in December
In December, British construction sector activity tumbled a bit, missing estimates and dampening optimism over the UK economy, as industry data disclosed on Wednesday.
Market research company IHS Markit and also the Chartered Institute of Purchasing & Supply told that their British construction purchasing managers' index went down to a seasonally updated 52.2 the previous month versus November’s result of 53.1.
Market experts had hoped the index would inch down to 52.8 in December.
On the index, a result above 50.0 stands for expansion, while an outcome below 50.0 points to contraction.
As IHS Markit informed, housing kept being the best performing area of activity, while new orders inched up at the fastest tempo since May.
The research group added that the abrupt rate of input price inflation kept unrolling in December.
FTSE 100 lagged EU markets with moderate losses of about 0.07% in London.
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.
On April 22, 2022, from 10:15 to 11:00 MT time, the Markit will release German and French flash services and manufacturing PMI.
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.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.