Calendar for the week

On Monday, May 14, the day is almost empty in terms of news. On this day, the representatives of the FOMC can influence the market.

• At 09:00 – the volume of orders in the machinery sector of Japan (y/y).
• At 09:45 – a speech of a member of the FOMC Mester.
• At 16:40 – a speech of a member of the FOMC Bullard.

On Tuesday, May 15, the day is full with statistics, especially in Europe: preliminary data on eurozone GDP and employment in the UK.

• At 02:10 – a speech of the deputy head of the Reserve Bank of Australia Debell.
• At 04:30 – the protocol of the meeting on the monetary policy of Australia.
• At 05:00 – the volume of industrial production in China.
• At 07:30 – the index of business activity in the services sector of Japan (m/m).
• At 09:00 – the preliminary GDP of Germany.
• At 10:15 – the producer price index (PPI) of Switzerland (m/m).
• At 11:30 – data on employment in the UK, the average wage level (including premiums) in the UK and the change in the number of applications for unemployment benefits in the UK.
• At 12:00 – the Bank of England’s report on inflation.
• Also, at 12:00 – the index of economic sentiment ZEW in Germany and the preliminary GDP of the eurozone.
• At 15:30 – the basic index of retail sales in the US (m / m) and the volume of retail sales in the US (m/m).
• At 23:30 – weekly stocks of crude oil in the US according to the American Petroleum Institute (API).

On Wednesday, May 16, the day is full with data on Japan, the eurozone and the US.

• At 02:50 – the preliminary GDP of Japan.
• At 04:30 – the index of changes in wages in Australia (q/q).
• At 07:30 – the volume of industrial production in Japan (m/m).
• At 09:00 – the consumer price index (CPI) in Germany (m/m).
• At 11:00 –  the monthly report of the International Energy Agency for the oil market.
• At 12:00 – the consumer price index (CPI) in the euro area (y/y).
• At 15:30 – data on the US: the number of issued construction permits in the US and the amount of construction of new homes in the United States.
• Also, at 15:30 – sales in the manufacturing sector of Canada (m/m).
• At 17:30 – reserves of crude oil in the US.
• At 19:00 – the speech of the chairman of the National Bank of Switzerland, Jordan.
• At 19:15 – a speech of a member of the Board of the Bank of Canada Shembri.

On Thursday, May 17, there will be a small amount of news, among which is the employment in Australia and activity in the United States.

• At 01:45 – the index of purchasing prices of New Zealand producers (q/q).
• At 04:30 – a change in the employment rate in Australia and the unemployment rate in Australia.
• At 12:00 – the trade balance of the euro area.
• At 15:30 – the number of initial applications for unemployment benefits in the United States, the index of manufacturing activity from the Federal Reserve Bank of Philadelphia (USA) and the amount of foreign investment in Canadian securities.

On Friday, May 18, a small number of news, among which is the euro zone trade balance and inflation in Canada.

• At 02:30 – a nationwide consumer price index (CPI) of Japan, m/m.
• At 09:00 – the producer price index (PPI) of Germany (m/m).
• At 12:00 – the trade balance of the euro area.
• At 15:30 – data on inflation in Canada: the basic consumer price index (CPI) in Canada (m/m), the base index of retail sales in Canada (m/m) and the volume of retail sales in Canada (m/m).
• At 20:00 – a number of drilling rigs in the US from Baker Hughes.

Hanzenko Anton