The main events of Thursday!

Thursday, May 10, is full with data, among which the results of the meeting of the Bank of England and New Zealand deserve special attention, and inflation data in China and the United States.

At 00:00 – the decision of the Reserve Bank of New Zealand on the interest rate, the forecast is 1.75%, the previous value is 1.75%.

At 02:01 – the balance of house prices in the UK from RICS, the forecast is -1%, the previous value is 0%.

At 02:50 – data on Japan:
– Current account of Japan’s balance of payments (seasonally adjusted), the forecast is 1.63T, the previous value is 1.02T.
– Current account of Japan’s balance of payments (excluding seasonal fluctuations), the forecast is 3.009T, the previous value is 2,076T.

At 04:30 – data on inflation in China:
– The consumer price index (CPI) in China (m/m), the forecast is -0.1%, the previous value is -1.1%.
– Consumer Price Index (CPI) in China (y/y), the forecast is 1.9%, the previous value is 2.1%.
– Producer Price Index in China (y/y), the forecast is 3.4%, the previous value is 3.1%.

At 11:00 – the monthly report of the ECB.

At 11:30 – statistics on the UK:
– The volume of production in the manufacturing industry in Great Britain (m/m), the forecast is -0.2%, the previous value is 0.7%.
– The balance of trade in the UK, the forecast is -11.40D, the previous value is -10.20D.
– The balance of trade in the UK excluding EU countries, the previous value is -2.24D.

At 14:00 – the results of the meeting of the Bank of England:
– The total volume of the Bank of England’s QE program, the forecast is 435D, the previous value is 435D.
– The decision on the interest rate of the Bank of England, the forecast is 0.50%, the previous value is 0.50%.

At 15:30 – the data on inflation in the US:
– Basic consumer price index (CPI) in the US (y/y), the forecast is 2.2%, the previous value is 2.1%.
– Basic consumer price index (CPI) in the USA (m/m), the forecast is 0.2%, the previous value is 0.2%.
– Consumer Price Index (CPI) in the US (m/m), the forecast is 0.3%, the previous value is -0.1%.
– The number of initial applications for unemployment benefits in the US, the forecast is 218K, the previous value is 211K.

Also, at 15:30 – the Price Index for new housing in Canada (m/m), the forecast is 0.2%, the previous value is -0.2%.

At 21:00 – the report on the implementation of the US federal budget, the forecast is 193.8D, the previous value is -209.0D.

Hanzenko Anton