Forex, oil, gold, and stocks on April 4-8
Last week, there were sharp swings in USDJPY, a decline in oil prices, and a surge in Tesla stock. What's next?
Will the USD be supported?
The United States will publish the level of its CPI and core CPI on May 10, at 15:30 MT time.
The consumer price index represents an important part of the overall inflation of the country. According to the forecasts, the headline consumer inflation will advance by 0.4%. At the same time, its core level is expected to increase by 0.2%. As usual, higher figures will boost the USD.
• If the indicators are greater than the forecasts, the USD will rise;
• If the indicators are lower than the forecasts, the USD will fall.
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Monday started with volatility
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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.
