Economic news

ECONOMIC NEWS MAY 16TH TO MAY 20TH

Highlights from last week: UK manufacturing production which  forms about 80% of total industrial production  dropped to 0.1% against the expected figure of 0.4% and that was bad for  Great Britain Pound (GBP). The official UK bank rate remained at 0.50% while the U.S unemployment claims rose to 294k from previous 274k. New Zealand retail sales came out at 0.8% as opposed to the expected 1.0%. The U.S core retail sales rose by  0.2% from the expected figure of 0.6% , and it came out at 0.8% while U.S PPI took a knock and came out below forecast which was 0.3%, actual figure came out at 0.2%. The U.S retail sales came out at 1.3% as opposed to -0.3% expected figure. The U.S Prelim Uom Consumer sentiment rose to 95.8 from previous 89.0 and expected figure of 89.9. Below are the events to look out for in the next upcoming week. To learn more about how to trade successfully by following the economic news/daily speeches, book for your private and individual lessons HERE and read about why do I trade the way that I do HERE.

 

ECONOMIC CALENDAR MAY 16TH TO MAY 20th

Learnfxtrading.net

DATE NEWS NEW YORK TIME LOCAL TIME FORECAST CURRENCY
17TH May CPI 4:30am 10:30am 0.5% GBP
17TH May Manufacturing Sales 8:30am 2:30pm -0.7% CAD
17TH May Building Permits 8:30am 2:30pm 1.13M USD
17TH May CPI 8:30am 2:30pm 0.04% USD
17TH May Core CPI 8:30am 2:30pm 0.2% USD
17th May PPI Input 6:45pm 12:45am 18th 0.3% NZD
18th May Average Earnings Index 4:30am 10:30am 1.7% GBP
18th May Claimant Count Change 4:30am 10:30am 4.1k GBP
18th May FOMC Meeting Minutes 2:00pm 8:00pm USD
18th May Employment Change 9:30pm 3:30am 19th 12.3k AUD
18th May Unemployment Rate 9:30pm 3:30am 19th 5.8% AUD
19th May Retail Sales 4:30am 10:30am 0.7% GBP
19th May Philly Fed Manufacturing Index 8:30am 2:30pm 3.2% USD
19th May Unemployment Claims 8:30am 2:30pm 276K USD
20th May Core CPI 8:30am 2:30pm 0.2% CAD
20th May Core Retail Sales 8:30am 2:30pm -0.4% CAD

 

 

One Response

Leave a Reply to Moreblessing Cancel reply

Your email address will not be published. Required fields are marked *