
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
In June, Japanese manufacturing activity slowed because new orders ascended at the slowest pace for seven months, as a preliminary private poll disclosed on Friday. It points to a moderate weakening in domestic demand.
In June, the Markit/Nikkei Flash Japan Manufacturing Purchasing Managers Index went down to a seasonally adjusted 52.0, compared to May’s outcome of 53.1.
The index stood above the 50 threshold, separating contraction from expansion for the 10th consecutive month.
The index for fresh orders, including both overseas and domestic orders, slumped to a preliminary 51.3 from May’s reading of 53.4 just to hit the lowest value since November.
As for the flash index for new export orders, it inched down to 52.5 in June the previous month’s reading of 53.0.
The sink in the flash PMI index won’t probably dent ascending optimism as for Japan's economy.
The Bank of Japan has recently upgraded its total economic assessment as well as its view of consumption because soaring exports, sturdy factory output, to say nothing of a tightening labor market back surge.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
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.
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