How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
China December factory surge slows moderately notwithstanding smog war
In December, surge in China's sprawling manufacturing sector slowed a bit notwithstanding strict pollution measures, which have made some factories curb output, and also a cooling housing market, as a Reuters survey disclosed.
On Sunday, the official manufacturing Purchasing Managers' Index is believed to sag marginally to 51.6 for December from November’s suddenly firm outcome of 51.8, as a median estimate of 30 experts surveyed by Reuters revealed.
While the reading is considered to be soft enough, it would still suggest that the 18th straight month of expansion for the Asian country’s manufacturers, reporting their strongest revenues in years due to a building boom as well as resurgent export demand. As a matter of fact, the 50-mark divides contraction from expansion on a monthly basis.
The private Caixin PMI is going to be unveiled on January 2, while the Caixin services PMI will be published on January 4.
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Will New Zealand’s Central Bank Boost the NZD?
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
What’s New with Australian Unemployment Rate?
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
Can the UK CPI surprise?
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
