7th of May is a market holiday in the UK, so trading could be lighter than usual on this Monday, but here are the events that could be useful for your trades.
German Factory Orders for March open this agenda at 6 o’clock in the morning. Orders increased slightly in February after dropping by 3 and a half percent in the year’s opening month.
Swiss Consumer Price Index for April is up next at a quarter past 7. Prices rose by point 4% in March due to the prices of international package holidays, air transport and hotel accommodation.
Euro Zone Sentix Investor Confidence for May will be available at 8:30. Confidence deteriorated further in April, driven South by trade war fears.
US consumer credit for March is set for publication at 7 PM. Credit increased by 10.6 billion US Dollars in February, which was the slowest pace in almost a year.
Japanese Household Spending for March is up next at a half past 11 PM. Spending slowed down sharply in February to remain only one tenth of a percent up from a year ago.
Ozzy Dollar could be shaken up by the Australian Retail Sales report for March at 1:30 in the morning. Sales beat market estimates with a solid increase of point 6% in February and this was the second rise in a row.
And another high importance event wraps up this agenda at 3 AM when Reserve Bank of New Zealand will release the second quarter inflation expectations report. 2 year inflation expectations accelerated in the year’s opening quarter to 2.11% from 2.02% in fourth quarter.
This was the Dukascopy Economic Calendar for Monday. Bye for now.

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