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 is firm enough versus a basket of major currencies
On Monday, the evergreen buck steadied versus a basket of key currencies, having lost on soft American economic data, with market participants waiting for comments by a top Federal Reserve representative for clues on whether recent surge can be sustained or not.
Versus a group of main currencies the dollar index stood still at 97.187.
The index has soared to a two-week peak of 97.560 last week after the Fed lifted interest rates and also kept the door open for another lift this year. However, its soar was suppressed by Friday's weaker-than-expected housing as well as consumer sentiment data.
The major American currency soared 0.15%, hitting 111.020 yen. It had achieved a two-week high of 111.420 on Friday before the American data-induced rebound.
The common currency treaded water, demonstrating $1.1198, having soared approximately 0.5% on Friday.
As for the British pound, it was nearly intact at $1.2770.
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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.
