The US dollar managed to recover in the last full week of May. As the page turns into June, we have a buildup to the Non-Farm Payrolls, consumer confidence, and the Fed’s favorite inflation figure. Here are the highlights for the upcoming week. US Core PCE Price Index: Tuesday, 12:30. A monthly rise of 0.1% is expected.CB Consumer Confidence: Tuesday, 14:00. A small drop to 120.1 is on the cards.Euro-zone inflation figures: Wednesday, ...
AUD/USD was unchanged last week, closing at 0.7439. This week’s key events are Private Capital Expenditures and Retail Sales. Building Approvals: Tuesday, 1:30. The markets are expecting a strong rebound in the April report, with a forecast of +3.2%.Private Sector Credit: Wednesday, 1:30. The estimate for the upcoming release is 0.4%.AIG Manufacturing Index: Wednesday, 23:30.Private Capital Expenditure: Thursday, 1:30. The indicator ...