The US PPI will come out on Thursday, May 12, at 15:30 MT time.
China's Li tells the EU and China should promote free and fair trade
China along with the European Union require promoting rather an upbeat signal of economic globalization as well as free and fair trade. That’s what Premier Li Keqiang told Federica Mogherini, the EU's top diplomat.
The two sides need to adcequately respond to changes as well as uncertainty in the international situation with the cooperation and stability of China-EU relations, Li Keqiang told Mogherini, who’s visiting China for China-EU strategic talks.
Some EU diplomats tell that China has already launched a charm offensive with the EU since American President Donald Trump took office, in an attempt to find allies amid concerns that Trump could undermine it with his surging protectionism.
The Chinese statement cited Mogherini as telling that China along with the EU shoulder the duty for the purpose of safeguarding international order, responding to terrorism as well as climate change, not to mention other global challenges.
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 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.
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.