The US PPI will come out on Thursday, May 12, at 15:30 MT time.
Japan's November core CPI stands still
In November, Japan's consumer prices were believed to edge up fractionally for an 11th straight month, as a Reuters survey disclosed on Friday, pointing to reticence of consumer inflation notwithstanding the firm economy.
In November, the nationwide core consumer price index, including crude output but excluding volatile fresh food prices, tacked on 0.8% from 2016, staying intact from October's outcome, as the survey of 19 market experts discovered.
The rate of surge in utility costs speeded down, although the cost of crude products, including gasoline backed core consumer prices, as financial experts told.
In Tokyo, core consumer prices, available a month prior to the nationwide data, were believed to gain 0.7% in December from 2016 versus November’s 0.6% leap.
On Thursday, the Bank of Japan left its monetary policy intact. Governor Haruhiko Kuroda stressed the necessity to patiently pursue ultra-loose policy. However, inflation is still far from the BOJ's 2% goal notwithstanding a strengthening economy.
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.