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.
Greenback fluctuates amid doubts over Trump's tax initiative
On Wednesday, rumors that President Donald Trump's tax overhaul initiative would stall kept the greenback below a recent 10-week maximum versus key currencies, and the common currency stuck to a 12-day maximum because political tensions over Catalonia relieved a bit.
The common currency didn’t change offering a reading of $1.1808 having hit $1.1828, which is its highest value since September 29, due partly to positive euro zone economic indicators, which have helped it to soar from a seven-week minimum of $1.1669 on Friday.
The euro's ascend strengthened after on Tuesday Catalan leader Carles Puigdemont dared to proclaim the region's independence from Spain, although he told the effects would be delayed to enable negotiations and prevent an immediate crisis.
Firm economic data out of Germany spurred confidence in the common currency because upbeat industrial output numbers reported on Monday were followed by Tuesday’s figures showing exports rallied in August.
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The US NFP Update: What to Wait for?
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.
Bank of England Statement: What to Expect
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.
Latest news
Will New Zealand’s Central Bank Boost the NZD?
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.
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.
