The US Bureau of Labor Statistics will announce average hourly earnings, nonfarm employment change (NFP), and the unemployment rate on May 6, at 15:30 MT time.
China's Yuan extends soar to four-month maximum on greenback weakness
On Tuesday, China's Yuan managed to rally to its firmest value versus the greenback in nearly four months in thin trade, thus breaching a key threshold, underpinned by a stronger fixing as well as broad dollar weakness.
The evergreen buck dived to its lowest value for more than three months versus a basket of key currencies, thus marking its steepest annual sag since 2003, following doubts as for durability of a pick-up in American economic surge in the wake of the country's tax overhaul.
The Chinese Yuan reported a soar of approximately 6.8% versus the evergreen buck in 2017, which is the biggest revenue for 9 years, also reviving from a 6.5% loss a year earlier as well as reversing three straight years of depreciation.
Before Tuesday’s market opening, China’s key bank set the midpoint rate at 6.5079 per dollar, which is 0.4% firmer than Friday’s fix of 6.5342.
Tuesday's fixing happened to be the strongest outcome since September 11, 2017.
The Bank of England will publish its Monetary Policy Report and Summary, Official Bank Rate, and its votes on May 5 at 14:00 MT.
The Reserve Bank of Australia will make the cash rate statement on May 3, at 07:30 MT.
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.