The US NFP Update: What to Wait for?
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.
Pound tumbles vs yen
On Tuesday, the British pound sank versus the Japanese yen after a suspected terrorist attack at a concert in Manchester, while the common currency hovered close to a six-month peak versus the greenback after German Chancellor Angela Merkel told that the euro happened to be too weak.
The British pound declined 0.2%, hitting 144.36 yen, having weakened to as much as 144.06.
Police told that as a result of an explosion at the end of a concert by American singer Ariana Grande in Manchester up to 19 died more than 50 were injured on Monday.
The safe-haven yen managed to advance versus key peers, including the greenback and euro. However, its profits were moderate.
The greenback tumbled 0.2%, hitting 111.100 yen, having sagged to 110.860. The common currency lost 0.2%, being worth 124.860 yen.
The common currency rose 0.1%, trading at $1.1247, having hit $1.1264 overnight, its highest value since November 9.
The dollar index lost went down 0.1%, reaching 96.882.
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Bank of England Statement: What to Expect
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.
Australian Cash Rate Hot News
The Reserve Bank of Australia will make the cash rate statement on May 3, at 07:30 MT.
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What’s New with Australian Unemployment Rate?
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
Can the UK CPI surprise?
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Retail Sales Update
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
