1Finance

EUR/USD had a positive week in general, rising as prospects continue looking better in the euro-zone in comparison to the US. The upcoming week features preliminary inflation figures and PMIs.

1. Monetary data: Monday, 8:00. A small deceleration to 5.2% is on the cards.
2. Mario Draghi talks: Monday, 13:00. The President of the ECB will testify in front of the European Parliament and could provide some insights about the next moves of his institution.
3. German Import Prices: Tuesday, 6:00. A bounce worth 0.2% is predicted now.
4. French Consumer Spending: Tuesday, 6:45. A rise of 0.8% is predicted.
5. French GDP: Tuesday, 6:45.
6. Spanish Flash CPI: Tuesday, 7:00.
7. German CPI: Tuesday, with the German states publishing their data during the morning. The all-German preliminary CPI is released at 12:00.
8. German Retail Sales: Wednesday, 6:00. A quicker rise of 0.4% is now expected.
9. French CPI: Wednesday, 6:45.
10. German Unemployment Change: Wednesday, 7:55. A fall of 15K was seen in March and now a similar slide of 14K is on the cards.
11. CPI (preliminary): Wednesday, 9:00.
12. Unemployment Rate: Wednesday, 9:00. Another small slide to 9.4% is on the cards now.
13. Manufacturing PMIs: Thursday morning: 7:15 for Spain, 7:45 for Italy, 7:50 for the final French figure, 7:55 for the final German number and finally the final all-European update at 8:00.
14. Spanish Unemployment Change: Friday, 7:00. A drop of 129.3K was seen in April and another big slide of 110.2K is on the cards for May.
15. PPI: Friday, 9:00. A fall of 0.3% was seen last month and a bounce of 0.2% is predicted now.

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