The main focus of traders will be on US inflation at 15:30 GMT+3. Analysts expect the huge spike of the US inflation.
The United States will release the weekly Initial Jobless Claims on May 13, at 15:30 MT time
The United States will publish a monthly Inflation Rate and Core Inflation Rate on May 12, at 15:30 MT time.
Stocks especially tech ones dropped on Tuesday on concerns over inflation. Gold is viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.
Let's see how the stock price of these four companies reacted to their earnings reports released this week.
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One of the most significant economic indicators for the US dollar will come out on Friday at 15:30 MT (GMT+3) - NFP.
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The Bank of England will hold a meeting on May 6 at 14:00 MT (GMT+3).
The Reserve Bank of Australia will announce its policy decision on May 4 at 7:30 MT (GMT+3).