The main events of Tuesday!

Tuesday, May 1, is full with data on Australia, Britain, Canada and the US. At the same time, the European session is expected to decline activity due to the celebration of Labor Day in several European countries.

At 01:45 – building permits in New Zealand (m/m), the previous value is 5.7%.

At 02:30 – the index of manufacturing activity in Australia from AIG, the previous value is 63.1.

At 07:30 – the decision of the Reserve Bank of Australia on the interest rate, the forecast is 1.50%, the previous value is 1.50%.

At 11:30 – the index of business activity in the manufacturing sector (PMI) of Great Britain, the forecast is 54.9, the previous value is 55.1.

At 12:20 – the speech of the head of the Reserve Bank of Australia, Louie.

At 15:30 – data on Canada’s GDP:
– Gross Domestic Product (GDP) of Canada, (y/y), the previous value is 2.7%.
– Canada’s GDP (m/m), the forecast is 0.3%, the previous value is -0.1%.

At 16:45 – the index of business activity in the manufacturing sector (PMI) of the United States, the forecast is 56.5, the previous value is 56.5.

At 17:00 – data on business activity in the US:
– The index of employment in the manufacturing sector of the US from ISM, the forecast is 57.0, the previous value is 57.3.
– The index of business activity in the manufacturing sector (PMI) of the USA from ISM, the forecast is 58.3, the previous value is 59.3.

At 21:30 – the speech of the head of the Bank of Canada Poloz.

At 23:30 – weekly stocks of crude oil in the US according to the American Petroleum Institute (API), the previous value is 1,099 m.

Hanzenko Anton