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.
Yen sags in Asia on North Korea missile launch
On Wednesday, the Japanese yen declined in Asia, with a new ballistic missile launch by North Korea contributing to worries that the isolated regime might again test its nuclear weapon.
The currency pair USD/JPY hit 111.66, sliding 0.16%, AUD/USD reached 0.7594, decreasing 0.01%. At the same time GBP/USD edged up 0.09% being worth 1.3357 following reports that the UK was near a deal with the European Union on the final cost of Brexit.
North Korea dared to fire its ballistic missile from an area close to Pyongyang early on Wednesday, as South Korea’s military informed. Additionally, the Japanese government told the missile fell in the country’s exclusive economic zone.
Japan’s retail sales for October went down 0.2% as anticipated on year.
Evaluating the greenback’s strength against a basket of six key currencies, the US dollar index rallied 0.01% being worth 93.21.
Overnight, the US currency gained versus a basket of crucial currencies on mostly positive economic data.
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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.
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.
