FxWirePro: The Day Ahead- 3rd May 2018

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

Data released so far:

• Australia: March trade balance came at $1.527 billion. Building permits grew 2.6 percent in March, up 14.5 percent.

Upcoming:

• Spain: April unemployment change report will be released at 8:00 GMT.
   
• United Kingdom: Markit services PMI report will be released at 8:30 GMT.
   
• Eurozone: Flash CPI inflation report for the month of April will be released at 9:00 GMT, along with March PPI inflation report. ECB’s Praet is set for a speech at 11:00 GMT, Constancio at 12:00 GMT, and Coeure at 12:30 GMT.
   
• United States: Challenger Jobs report will be released at 11:30 GMT. March trade balance report will be released at 12:30 GMT, along with weekly jobless claims report, nonfarm productivity report and Unit Labor costs report. ISM non-manufacturing report will be released at 14:00 GMT. EIA will release weekly inventory report at 14:30 GMT.
   
• Canada: Trade balance report will be released at 12:30 GMT.
   

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