How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
China's industrial revenues leap in October
China's industrial companies withstood a broad government crackdown on financial risks because revenues kept rallying the previous month in a stabilizing force for the world's number two economy that has started cooling moderately for recent months.
The country’s vast industrial sector has been spurred by a year-long as well as government-led construction spree, assisting to raise demand and also prices for building materials and taming higher borrowing costs.
In October, heavy industry and mining contributed to the biggest revenues in October, generating overall industrial revenues by 25.1% year-on-year to about 745.4 billion Yuan versus a 27.7% leap in September, as the National Bureau of Statistics informed on Monday.
Notwithstanding the moderate slowdown, October's surge rate still appears to be the second-highest outcome for a single month in 2017, and overall revenues are on pace to top last year’s record of 6.88 trillion Yuan.
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The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Will oil change the trend after OPEC meetings?
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.
Latest news
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.
The US Retail Sales Update
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
