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.
Greenback steadies after tumble on Trump turmoil
On Thursday, the evergreen buck managed to steady, having hit six-month minimums on the latest bout of political turmoil in Washington.
The dollar index tacked on 0.26%, hitting 97.59.
The US Justice Department has already assigned a special counsel for the purpose of probing Russian interference in the American presidential election.
Trump also urged the FBI to cease a probe into ex-national security adviser Michael Flynn's relationships with Russia.
The latest political maelstrom has generated doubt that the Trump administration is capable of delivering on its economic agenda.
Meanwhile, the market odds of a June Fed rate lift have gone down to 60% because American political risk’s actually factored in.
The evergreen buck revived the 111 yen handle, having fallen below that level
Besides this, Japan's GDP tacked on an annualized 2.2% during the first quarter, while deflationary pressures remain in the economy.
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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.
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.
Latest news
The Big Release for the USD
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
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.
