• FxWirePro: the day ahead- 7th May 2019

    Source: FxWire Pro - Commentary / 07 May 2019 02:07:40   America/New_York

    Sizable economic data and events scheduled for today, and some with high volatility risks associated.


    Data released so far:

    • Japan: Nikkei manufacturing PMI rose to 50.2 in April from 49.5 prior.
       
    • Australia: March trade balance came at $4.95 billion with exports and imports both declining by 2 percent. Reserve Bank of Australia Kept the monetary policy rate unchanged at 150 bps.   

    Upcoming:

    • Germany: March Factory orders report due at 6:00 GMT.
       
    • France: March trade balance report will be released at 6:45 GMT.
       
    • Switzerland: April forex reserve details will be released at 7:30 GMT.
       
    • United Kingdom: Halifax house price report due at 7:30 GMT. BoE’s chief economist Andy Haldane is set for a speech at 16:30 GMT. BRC retail sales report 23:00 GMT.
       
    • China: Forex reserve details due at 8:00 GMT.
       
    • United States: JOLTS jobs report to be released at 14:00 GMT. Fed’s Quarles is set for a speech at 15:35 GMT. The consumer credit report will be released at 19:00 GMT.
       
    • Canada: IVEY PMI report will be released at 14:00 GMT.
       
    • New Zealand: Global dairy auction is scheduled today.
       
    • Auction: The U.S. will auction 3-year notes at 15:30 GMT.
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