The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
Japanese yen is intact after North Korea missile launch
On Friday, the Japanese yen was intact versus the evergreen buck, having leapt earlier as North Korea dared to fire another ballistic missile over Japan, thus spurring investor concerns over geopolitical risks.
In early Asian trade the evergreen buck declined from 110.25 yen to 109.55 yen following reports of North Korea's fresh missile launch.
Later the US currency pared its losses, and was last demonstrating 110.19 yen - nearly intact from Tuesday’s late US trade.
Japan happens to be the world's number one net creditor nation. So, at times of uncertainty investors assume that Japanese repatriation of overseas funds will overshadow foreign traders’ selling of Japanese assets.
Therefore, the Japanese yen has kept operating as a safe-haven currency notwithstanding Japan's geographical proximity to the isolated regime.
Additionally, versus another safe have, the Swiss franc, the greenback was intact, sticking to 0.9635.
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.
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
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.