The main events of Friday!

On Friday, May 25, the market will be focused on data on Germany, the United Kingdom and the United States. Also on this day, a number of representatives of world Central Banks will hold speeches.

At 02:30 – the basic consumer price index (CPI) in Tokyo (Japan) (y/y), the forecast is 0.6%, the previous value is 0.6%.

At 11:00 – data on Germany:
– Index of business expectations in Germany, the forecast is 99.5, the previous value is 98.7.
– Assessment of the current situation in Germany, the forecast i s106.0, the previous value is 105.7.
– Germany’s IFO business climate index, the forecast is 102.7, the previous value is 102.1.

At 11:30 am – preliminary data on UK GDP:
– Business investment in the UK (q/q), the forecast is 0.2%, the previous value is 0.3%.
– UK GDP (y/y), the forecast is1.2%, the previous value is 1.2%.
– UK GDP (q/q), the forecast is 0.1%, the previous value is 0.1%.
– The gross volume of approved mortgage loans in the UK, the forecast is 37.8K, the previous value is 37.6K.

At 15:00 – the speech of the Deputy Governor of the Reserve Bank of Australia Bullock.

At 15:30 – data on the US:
– The volume of shipments of civilian means of production in the US (excluding aircraft), the forecast is 0.4%, the previous value is -0.8%.
– Basic orders for durable goods in the US (m/m), the forecast is 0.5%, the previous value is -0.1%.
– The volume of orders for durable goods in the US (m/m), the forecast is -1.4%, the previous value is 2.6%.

At 16:20 – the speech of the head of the Bank of England Carney.

Also, at 16:20 – a speech by the head of the US Federal Reserve, Mr. Powell.

At 20:00 – the number of drilling rigs in the US from Baker Hughes, the previous value is 844.

At 22:20 – the speech of the President of the Bundesbank Weidmann.

Hanzenko Anton