The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
Greenback surges as yields soar
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill.
Trump informed House Republican lawmakers that he’s on the verge of leaving Obamacare in place and moving on to tax reform if they don’t get behind new healthcare legislation and also back it in a vote on Friday.
In fact, Thursday’s postponement of the vote knocked the greenback as well as stock markets, but the major American currency was given breathing space because Treasury yields rose after Wall Street shares trimmed losses in order to close little changed.
On Friday, in Asia equities took heart and firmed, with Japan's Nikkei N225 gaining 1%.
The greenback surged 0.35%, reaching 111.340 yen, drifting away from a four-month minimum of 110.620 reached overnight.
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.
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.
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.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.