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This is the Economic Calendar for Wednesday, the 17th of May. Let’s see which news releases could move the currency markets.
UK Labour Report for April is up first at 8:30 AM. The British labour market has been a strong performer for the last couple of years, and employment now stands at a record-high level while the unemployment rate is the lowest in more than a decade.
The final reading of Euro Zone April CPI follows at 9. The initial estimate suggests the annual inflation has rebounded and now stands exactly where the ECB wants it to be: close to, but not at, 2%. Moreover, the core reading is up by half a percentage point.
Coming up next at 12:30 PM GMT are the Canadian Manufacturing Shipments for March. Sales slipped in February, and petroleum products as well as vehicle assembly were the main culprits.
Yen traders may want to tune in at 11:50 in the evening for the high importance preliminary Japanese first quarter GDP. The Japanese economy has been growing at a steady if subdued point 3% pace for the last 2 quarters.
Australian Consumer Inflation Expectations for May are out at 1 AM. The anticipated annual inflation rate edged up in April, following a slip to 4% the previous month.
And more Australian data follows half an hour later, when the closely watched April Labour Report is released. The March report surprised very much on the upside as employment grew three times as much as estimated.
I’m Hirofumi Kobayashi and you’ve been watching the Economic Calendar for Wednesday. Check back in for the next overview of news releases for Thursday. Goodbye.
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