FxWirePro: The Day Ahead- 17th May 2018

Lots of economic data and events scheduled for today, and some with high volatility risks associated.

Data released so far:

• Australia: Consumer price inflation expectation rose to 3.7 percent in May. Employment rose by 22,600. The unemployment rate rose to 5.6 percent on the higher participation rate.

Upcoming:

• Italy: March trade balance report will be released at 8:00 GMT.
   
• Eurozone: Construction output report will be released at 9:00 GMT. ECB Vice President Constancio is set for a speech beginning at 10:30 GMT.
   
• United States: Weekly jobless claims report will be released at 12:30 GMT, along with Philadelphia Fed manufacturing survey. EIA will release weekly natural gas inventory report at 14:30 GMT. FOMC member Kashkari set for a speech at 14:45 GMT, and Kaplan at 17:30 GMT.
   
• Canada: April ADP employment report will be released at 12:30 GMT. BoC will release review report at 14:30 GMT.
   
• United Kingdom: MPC member Haldane is set for a speech at 16:00 GMT.
   
• Japan: April inflation report will be released at 23:50 GMT.
   
• Auction: Spain will auction 3-year, 5-year, and 10-year bonds today. France will auction 10-year bond today.

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