Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
Take a chance to trade the USD
The level of US PPI will be released on January 15, at 15:30 MT time.
This is a leading indicator, which determines consumer inflation. Last time the actual level of the indicator was higher than the forecast. It advanced by 0.1%. As a result, the USD rose higher. Let's see if this time it happens again.
• If PPI is higher than expected, the USD will rise;
• If PPI is lower, than expected, the USD will fall.
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.