09.05.2018 – Economic Calendar by Dukascopy
May 8, 2018 2:34 pmVideo
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There are a couple of Kiwi Dollar shakers scheduled for publication on this Wednesday, so let’s tale a closer look with the Dukascopy Economic Calendar.
A couple of North American reports open this agenda at a half past noon GMT, including the US PPI stats for April. The Producer Price Index for final demand advanced by point 3 percent in March and this was the third consecutive monthly increase.
Canadian building permits for March is the other release scheduled at this time. The value of building permits declined in February after rising for two months in a row.
Final US Wholesale Inventories for March follow at 2 PM. According to preliminary report, inventories increased by a half a percent in March, building on February’s gain of 1%.
Then it’s the high importance Reserve Bank of New Zealand Monetary Policy Statement at 9 PM GMT, followed by the press conference an hour later. The official cash rate has stood unchanged at 1.75% since late 2016.
UK Residential market survey for April will be available shortly after 11 PM. Price indicator remained flat in March, weighed down by London and the South East.
Australian inflationary expectations for May are up next at 1 AM. Price growth expectations eased back slightly in April from 3.7% in March.
Then the Kiwi Dollar traders will have another great trading opportunity ten minutes later as the Reserve Bank of New Zealand Governor Adrian Orr will speak at Parliament Select Committee.
A couple of April reports from China wrap up this calendar at 1:30 in the morning and Consumer Price Index is one of them. Price growth slowed down sharply in March from February’s level of 2.9%.
Producer Price Index is the other and the final item. PPI growth slowed down in March as well to hit the lowest level since 2016.
You’ve been watching the Dukascopy Economic Calendar for Wednesday. Good luck with your trades and bye for now.
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