The US PPI will come out on Thursday, May 12, at 15:30 MT time.
British manufacturing output dips more than expected in March
In Great Britain, in March manufacturing and industrial production went down more than expected, dipping for a third straight month and also dampening optimism over the UK economy, as official data unveiled on Thursday.
The UK Office for National Statistics announced that in March manufacturing production slid by a seasonally adjusted 0.6%, which is worse than hopes for a dip of 0.2% and following a sag of 0.3% last month that was revised downwards from an initial decline of 0.1%.
On an annualized basis, in March manufacturing output soared at rate of 2.3%, which is below forecasts for a 3% leap and having soared at a rate of 3% last month that was revised from an initial 3.3% revenue.
In March, year-on-year, industrial production went up 1.4%, which is below expectations for a 2.1% leap and following the 2.5% soar, registered last month.
Meanwhile, the FTSE 100 added 0.04% in London.
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.