• FxWirePro: the day ahead- 21st May 2019

    Source: FxWire Pro - Commentary / 21 May 2019 07:57:37   Europe/London

    Few economic data and events scheduled for today, and all with low to medium volatility risks associated.


    Data released so far:

    • New Zealand: Credit card spending up 4.5 percent y/y in April.
       
    • Australia: In his speech governor Lowe confirmed RBA’s easing bias.

    Upcoming:

    • United Kingdom: CBI industrial trend survey report will be released at 10:00 GMT.
       
    • United States: Existing home sales report due at 14:00 GMT. Fed’s Evans’ speech at 14:45 GMT, and Rosengren’s at 16:00 GMT.
       
    • New Zealand: Q1 retail sales report due at 22:45 GMT. Global dairy auction is scheduled today.
       
    • Japan: Machinery orders and trade balance reports will be published at 23:50 GMT.
       
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