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.
Greenback goes down in Asia on Trump
On Tuesday, the evergreen buck descended in Asia because financial markets digested the latest controversy in the Trump administration after the Washington Post suggested Trump might have given Russian diplomats secret details on Middle Eastern intelligence sources. Meanwhile, the Australian dollar held revenues after the publication of minutes.
The currency pair AUD/USD hit 0.7422, soaring 0.12%. Additionally, USD/JPY reached 113.54, descending 0.21%.
The Reserve Bank of Australia issued the minutes from its May gathering and also focused on the overheated housing market. The bank also paid attention to evident signs of softness in job creation as major signposts for the overall direction of interest rates.
Overnight, the major US currency slid versus a basket of main currencies, following weaker than expected American manufacturing data, which applied pressure on market sentiment, while a soar in the Canadian dollar contributed to downside momentum.
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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.
Australian Cash Rate Hot News
The Reserve Bank of Australia will make the cash rate statement on May 3, at 07:30 MT.
Latest news
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.
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.
