This week promises to be volatile due to a lot of important events. The US Nonfarm Payrolls is the main event of the week, as it is one of the most important parameters for the Fed’s monetary policy decision. Economists believe the US employment report remains robust in May. The Eurozone is to release its latest inflation estimate on Tuesday, with economists expecting the consumer price index to hit another record high of 7.7% in May, up from 7.4% in April. The Bank of Canada will hold an interest rate meeting. Analysts predict that the bank will raise the rate by 0.5%. As a rule, rising interest rates is accompanied by a strengthening of the national currency. Investors should also keep a close eye on the monthly OPEC+ meeting, which greatly impacts oil pricing.
- – Eurozone Spanish Consumer Price Index (m/m) at 10:00 (GMT+3);
- – Eurozone EU Leaders Summit at 13:00 (GMT+3);
- – Eurozone Germany Consumer Price Index (m/m) at 15:00 (GMT+3);
- – US FOMC Member Waller Speaks at 18:00 (GMT+3).
- – Japan Unemployment Rate (m/m) at 02:30 (GMT+3);
- – Japan Industrial Production (m/m) at 02:50 (GMT+3);
- – Japan Retail Sales (m/m) at 02:50 (GMT+3);
- – China Manufacturing PMI (m/m) at 04:30 (GMT+3);
- – China Non-Manufacturing PMI (m/m) at 04:30 (GMT+3);
- – Eurozone French Consumer Price Index (m/m) at 09:45 (GMT+3);
- – Eurozone French GDP (q/q) at 09:45 (GMT+3);
- – Switzerland GDP (q/q) at 10:00 (GMT+3);
- – Eurozone German Unemployment Rate (m/m) at 10:55 (GMT+3);
- – Eurozone Italian Consumer Price Index (m/m) at 12:00 (GMT+3);
- – Eurozone Consumer Price Index (m/m) at 12:00 (GMT+3);
- – Eurozone EU Leaders Summit at 13:00 (GMT+3);
- – Canada GDP (m/m) at 15:30 (GMT+3);
- – US Chicago PMI (m/m) at 16:45 (GMT+3);
- – US CB Consumer Confidence (m/m) at 17:00 (GMT+3).
- – Japan Manufacturing PMI (m/m) at 03:30 (GMT+3);
- – Australia GDP (q/q) at 04:30 (GMT+3);
- – Eurozone German Retail Sales (m/m) at 09:00 (GMT+3);
- – Eurozone Spanish Manufacturing PMI (m/m) at 10:15 (GMT+3);
- – Eurozone Italian Manufacturing PMI (m/m) at 10:45 (GMT+3);
- – Eurozone French Manufacturing PMI (m/m) at 10:50 (GMT+3);
- – Eurozone German Manufacturing PMI (m/m) at 10:55 (GMT+3);
- – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+3);
- – UK Manufacturing PMI (m/m) at 11:30 (GMT+3);
- – Eurozone Unemployment Rate (m/m) at 12:00 (GMT+3);
- – Eurozone ECB President Lagarde Speaks at 14:00 (GMT+3);
- – Canada Manufacturing PMI (m/m) at 15:30 (GMT+3);
- – US ISM Manufacturing PMI (m/m) at 17:00 (GMT+3);
- – US JOLTs Job Openings (m/m) at 17:00 (GMT+3);
- – Canada BoC Interest Rate Decision at 17:00 (GMT+3);
- – Canada BoC Statement at 17:00 (GMT+3);
- – US FOMC Member Williams Speaks at 18:30 (GMT+3);
- – US FOMC Member Bullard Speaks at 20:00 (GMT+3).
- – Australia Retail Sales (m/m) at 04:30 (GMT+3);
- – Switzerland Consumer Price Index at 09:30 (m/m) (GMT+3);
- – OPEC+ Meeting at 13:00 (GMT+3);
- – US ADP Nonfarm Employment Change (m/m) at 15:15 (GMT+3);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+3);
- – US Natural Gas Storage (w/w) at 17:30 (GMT+3);
- – US Crude Oil Reserves (w/w) at 18:00 (GMT+3);
- – US FOMC Member Mester Speaks at 20:00 (GMT+3).
- – Japan Services PMI (m/m) at 03:30 (GMT+3);
- – Eurozone German Services PMI (m/m) at 10:55 (GMT+3);
- – Eurozone Services PMI (m/m) at 11:00 (GMT+3);
- – Eurozone Retail Sales (m/m) at 12:00 (GMT+3);
- – US Nonfarm Payrolls (m/m) at 15:30 (GMT+3);
- – US Unemployment Rate (m/m) at 15:30 (GMT+3);
- – US ISM Services PMI (m/m) at 17:00 (GMT+3).
by 2022.05.30
, We advise you to get acquainted with the daily forecasts for the major currency pairs.This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
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