
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
In April, China's exports and imports edged up, though missed experts’ expectations. It’s because domestic as well as foreign demand faltered, while commodity prices edged down.
Evidently, China's April exports grew 8% from a year earlier, thus missing experts’ expectations, while imports managed to soar 11.9%, as official data unveiled on Monday.
It left China with a trade surplus of about $38.05 billion for the month, as the General Administration of Customs informed.
Experts surveyed by Reuters had expected April shipments from the world's number one exporter to have added 10.4%. Exports grew 16.4% in March.
Imports were supposed to have soared 18%, having grown 20.3% in March.
China's exports and imports are expected to stabilize and even improve in the nearer future. That’s what the Ministry of Commerce revealed the previous week in its quarterly report on trends in the Chinese foreign trade.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
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.
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