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The second week of May saw the dollar gaining ground against many currencies despite a political controversy. A mix of events awaits us now: GDP from Japan, jobs from Australia, and housing data from the US. Chinese Industrial Production: Monday, 2:00. After a surprising rise of 7.6% last time, the figure for April could be weaker: 7% is expected.Euro-zone GDP: Tuesday, 9:00. No change is expected.US housing data: Tuesday, 12:30. ...
EUR/USD edged higher ahead of the second round of the French elections. Does it have more room to the upside? Apart from the elections, we have GDP and other events from the old continent. French elections round 2: Sunday, exit polls are at 18:00 GMT and real results will trickle around the market open.German Factory Orders: Monday, 6:00.Sentix Investor Confidence: Monday, 8:30. This business survey has advanced nicely in recent ...
US Manufacturing data, Crude Oil Inventories, Employment figures from New Zealand, Canada as well as the important US NFP report, Rate decision in Australia, New Zealand, and the US, Speeches from Janet Yellen, Mario Draghi and Stephen Poloz. These are the highlights on forex calendar. US ISM Manufacturing PMI: Monday, 15:00. The manufacturing index is expected to register 56.6 in April.Australian rate decision: Tuesday, 5:30. Policymakers ...
EUR/USD jumped higher on the favorable results of the French elections. PMI and GDP data stand out in the first week of May, in the run up to the second round of the French elections. Manufacturing PMIs: Tuesday morning: 7:!5 in Spain, 7:45 in Italy, final French data at 7:50, final German figures at 7:55 and final euro-zone data at 8:00.German Unemployment Change: Tuesday, 7:55.Unemployment Rate: Tuesday, 9:00.Spanish Unemployment ...
EUR/USD drifted to the upside, driven by the dollar’s weakness. Is there more to come? The big event of the upcoming week is the French elections, followed by the ECB decision. French Presidential Elections: Sunday, exit poll expected before markets open, but full results could wait for Monday morning if the race is very close.German Ifo Business Climate: Monday, 8:00. Germany’s No. 1 Think-tank reported a rise in business confidence, ...
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