You’re watching the Economic Calendar for Monday, the 27th of May. Let’s see which news releases could move the currency markets.
US markets will be closed for the Memorial Day, and it’s also the Spring Bank Holiday in the UK, so the schedule is quite light.
Still, a potential market mover is scheduled at 1 PM GMT, when ECB President Mario Draghi will provide the Bank’s perspective on economy and monetary developments before the Economic and Monetary Affairs Committee in Brussels.
New Zealand Building Permits for April follow at 10:45 in the evening. The number of permits eased in March, having surged by no less than 17.2% the previous month.
Japanese Unemployment Rate for April will be available at half past 11. This particular piece of data has been of limited concern to policy makers as it has stood at decades-low levels for the past few years; still, the March data did surprise on the upside.
Another Japanese news release, the April Retail Sales, comes 20 minutes later. Sales surged in March, posting the strongest gain in almost 2 years.
And Australian Building Permits for April conclude the schedule at 1:30 AM. The March data showed a strong and unexpected drop that completely reversed two months of gains.
I’m Kiays Khalil and this was the Economic Calendar for Monday. Check back in for the next overview of key events for Tuesday. Goodbye.

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