We are half way through the second quarter, so preliminary first quarter GDP reports will be available along with plenty of other events on this super busy Tuesday.
Preliminary first quarter German GDP opens this agenda at 6 o’clock in the morning and it could potentially shake up the Single currency. Economy expanded at a rate of point 6% during the final three months of last year.
Another high importance release follows at 8:30 and it’s the UK Employment Report for April. The unemployment rate was 4.2% in March , down from 4.7% for a year earlier and the lowest since 1975.
The high importance data run continues at 9 o’clock when Flash Euro Zone GDP for first quarter will be available. Flash estimate showed the economy expanded by point 4% in the year’s opening quarter in both the Euro Area and in the EU28.
Euro Zone and German ZEW Surveys for May will be available at the same time. Economic sentiment deteriorated sharply in both the Euro Zone and Germany in April.
A couple of publications regarding the US economy are scheduled at a half past noon GMT, including yet another high importance release – Advance Retail Sales stats for April. Sales rebounded in March, gaining point 6% after contracting slightly in the month before.
Empire State Survey for May is the other item out at this time. The headline general business conditions index declined to 15.8 in April, but remained firmly in positive territory, although its seven-point decline from its March level pointed to a somewhat slower pace of growth.
US NAHB Housing Market Index for May is up next at 2 PM GMT. According to National Association of Home Builders, builder confidence in the market for newly-built single-family homes edged down one point to a level of 69 in April.
US Business Inventories for March will be out at the same time. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes were up by point 6% in February, matching January’s increase.
Data run continues at 8 PM with the US Treasury International Capital Data for March. Taking into account transactions in both foreign and US securities, net foreign purchases of long-term securities were 49 billion US Dollars in February.
Preliminary Japanese GDP stats for first quarter are up next at ten to midnight. Economy expanded by an upwardly revised point 4% in the fourth quarter and this was the eight quarterly growth in a row.
A couple of Australian reports wrap up this calendar, including Westpac Consumer Sentiment for May at a half past midnight. The index of Consumer Sentiment declined by point 6% to 102.4 in April.
Australian Wage Price Index for the first quarter is the other and the final item at 1:30 AM. Index rose by point 6% in the fourth quarter and this continued the moderate rate of wage growth recorded by the series over the last two years.
I’m Kiays Khalil and there were some of the events that could influence the markets on Tuesday.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#244773

Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt

Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.