The total number of building approvals increased at a faster-than-expected pace in April, after declining sharply in the previous month, data from the Australian Bureau of Statistics showed Tuesday. more...
The total number of building permits issued in New Zealand decreased for the second straight month in April, figures from Statistics New Zealand showed Tuesday. more...
The Canadian posted gains for a second straight week, as USD/CAD lost 80 points. The pair closed the week at 1.3440. This week’s key event is GDP. Current Account: Tuesday, 12:30. The deficit for Q1 is expected to rise to C$11.4 billion.RMPI: Tuesday, 12:30. This index measures inflation in the manufacturing sector. The indicator continues to weaken and came in at -1.6% in March, a sharper drop than expected.GDP: Wednesday, 12:30. ...
GBP/USD dropped sharply last week, dropping 230 points. The pair closed at 1.2781, its lowest weekly close in four weeks. This week’s key events are Manufacturing and Construction PMIs. BRC Shop Price Index: Tuesday, 23:01. This consumer inflation report continues to post declines, but the rate of decline has been lower over the past three readings. In April, the index came in at -0.5%. Will we see a reading in positive territory in ...
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. Monetary data: Monday, 8:00. A small deceleration to 5.2% is on the cards.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 ...
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