The main events of Tuesday!

On Tuesday, May 8, the day is full of statistics, among which is worth mentioning the data on Australia, Germany and the United States.

At 02:30 – data on spending in Japan:
– Household expenditure in Japan (m/m), the forecast is 0.7%, the previous value is -1.5%.
– Household expenditure in Japan (y/y), the forecast is 1.2%, the previous value is 0.1%.

At 04:30 – the volume of retail sales in Australia (m/m), the forecast is 0.3%, the previous value is 0.6%.

At 06:00 – inflation in New Zealand (q/q), the previous value is 2.1%.

At 08:45 -the data on employment in Switzerland:
– The unemployment rate in Switzerland excluding seasonal changes, the forecast is 2.8%, the previous value is 2.9%.
– Unemployment rate in Switzerland with seasonal changes, the forecast is 2.9%, the previous value is 2.9%.

At 09:00 – statistics on Germany:
– The volume of industrial production in Germany (m/m), the forecast is 0.8%, the previous value is-1.6%.
– Germany’s trade balance, the forecast is 19.9D, the previous value is 19.2D.

At 10:15 – the speech of the head of the US Federal Reserve, Mr. Powell.

At 10:30 – data on real estate in the UK:
– The index of housing prices in the UK from Halifax (m/m), the forecast is -0.3%, the previous value is 1.5%.
– The index of housing prices in the UK from Halifax (y/y), the forecast is 3.3%, the previous value is 2.7%.

At 12:00 – economic forecasts of the European Union.

At 15:15 – the volume of construction of new homes in Canada, the forecast is 215.0K, the previous value is 225.2K.

At 17:00 – the number of open vacancies in the labor market (JOLTS) in the United States, the forecast is 6,020M, the previous value is 6,052M.

At 23:30 – weekly stocks of crude oil in the US according to the American Petroleum Institute (API), the previous value is 3,427M.

Hanzenko Anton