The US PPI will come out on Thursday, May 12, at 15:30 MT time.
India is the fastest ascending key economy in Jan-March quarter
India still appears to be the fastest ascending key economy worldwide the previous quarter, with positive dynamics buoyed by an improved performance in services and manufacturing, as a Reuter’s survey of economists disclosed.
Prime Minister Narendra Modi's ban of high-value currency notes the previous year had a crucial short-term impact on demand, although private and public consumption has revived.
The median prediction from a survey of 35 financial experts demonstrated that the Indian economy ascended 7.1% annually during the first three months of 2017. Predictions varied from 6.5 to 7.8%.
Annual surge hit 7% in the quarter ending December, as well as 7.9% in the January-March quarter the previous year.
India's industrial output inched up 2.7% in March from last year, thus exceeding the median consensus of 1.5% surge in a Reuters survey.
Factory and services activity headed north for most of the first quarter of this year, adding to a five-month peak in March, thus showing that the effects from demonetization appeared to be short lived.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
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.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.