The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
China's September industrial revenues ascend most in almost six years
In September, revenues for China's industrial powerhouses edged up the most in almost six years because government crackdown on air pollution drove fears of winter supply shortages and also backed prices of finished goods, including copper and steel.
Sustained earnings ascend will provide China's policymakers with more room to restructure bloated as well as often inefficient state-owned enterprises dominating the industrial landscape and accounting for a hefty portion of China’s corporate debt.
In September industrial revenues grew 27.7% from 2016 to 662.18 billion yuan, speeding up from a 24% soar in August, as the National Bureau of Statistics informed on its website on Friday.
It turned to be the steepest revenue since December 2011, when gains surged 31.5%.
For the first 9 months of 2017, Chinese firms managed to increase gains of 5.58 trillion yuan, which is 22.8% more compared to the same period of 2016.
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.
On April 22, 2022, from 10:15 to 11:00 MT time, the Markit will release German and French flash services and manufacturing PMI.
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.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.