All eyes on the US-China relationship that set the market mood. How is it today?
The market continues to be in a risk-off mode. Time to gain on falling!
The US will publish headline and core retail sales at 15:30 MT time on May 15.
Main movements on the market: risk-off mood strengthened USD, AUD dropped on China’s imports’ ban and Saudi Arabia cut oil production.
The Reserve Bank of New Zealand (RBNZ) will publish the monetary policy statement and announce the interest rate at 06:00 MT time on May 13.
Is the fresh news on the US-China trade deal satisfying enough? Let's find out.
NFP, China-US trade and other factors
NFP for April are coming. 22mln jobs to be deducted from the list. Will the USD withstand the hit?
The main focus is on the UK as the Bank of England made an announcement this morning. Let’s see what’s happening with the British pound and what else moves the market today.
Non-Farm Payrolls data will be released on Friday at 15:30 MT time.