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FxWirePro: The Day Ahead- 23rd May 2018

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

Data released so far:

  • Japan: Nikkei manufacturing PMI declines to 52.5 in May.
     
  • Australia: Westpac leading index up 0.2 percent in May. Construction works down in the first quarter down 0.2 percent.

Upcoming:

  • France: ILO unemployment report for the first quarter will be released at 5:30 GMT. Flash PMI reports will be released at 7:00 GMT.
     
  • Germany: Flash services PMI reports will be released at 7:30 GMT.
     
  • Eurozone: Flash services PMI reports will be released at 8:00 GMT.
     
  • United Kingdom: UK inflation reports (RPI, CPI, PPI, and HPI) will be released at 8:30 GMT. CBI trade survey report will be released at 10:00 GMT.
     
  • United States: MBA mortgage applications report will be released at 11:00 GMT. Flash PMI reports will be released at 13:45 GMT. New home sales report will be released at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes at 18:00 GMT. Fed’s Kashkari is set for a speech at 18:15 GMT.
     
  • New Zealand: April trade balance report will be released at 22:45 GMT.

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