Will CPI push USD higher?
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Great Britain injects billions into promising 'industries just to ward off Brexit shocks
On Monday, Prime Minister Theresa May officially announced up to 4 billion pounds of spending on research and development as well as regional growth strategies, setting out ambitious plans to help the UK economy to surge after Brexit.
Amid severe international competition, the UK is considering carving out a fresh global role as a potential leader in so-called "industries of the future," including artificial intelligence and also driverless vehicles after it exits the EU in March 2019.
Badly affected by a botched snap election as well as with Brexit negotiations running behind schedule, May is about to stir up some economic upbeat mood just to help her poor minority government through the country’s most uncertain period since WWII.
The key challenge of Wednesday's budget will be improving the country’s persistently low productivity, lagging international rivals and considered to be as a key limiting factor on economic surge.
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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.
What Happens to EUR?
On April 22, 2022, from 10:15 to 11:00 MT time, the Markit will release German and French flash services and manufacturing PMI.
Latest news
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.
How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
