How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
Taiwan is confident of being removed from American currency watch list
Taiwan's trade surplus with America is considerably smaller than actually Washington estimates, as the economics minister told. Taiwan’s official hopes his country will be removed from the US Treasury's watch list of potential reportable currency manipulators.
The given issue has been discussed during some policy rate-setting gatherings by the major bank, and Taiwan’s officials explained to the USA that there’re differences in the way they calculated the numbers, as Minister of Economic Affairs Lee Chih-Kung informed Reuters.
Taiwan that last October was mentioned by the Treasury, arose again along with Japan, South Korea, China, Germany and Switzerland on the latest list issued the previous week.
The semi-annual American Treasury currency report has inspected the trading partners for the purpose of curbing what America labels as "unfair currency practices".
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Will CPI push USD higher?
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Will oil change the trend after OPEC meetings?
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.
Latest news
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.
