Fundamental Analysis of the week 22-26 May

The Economic Calendar, the focus is on revising US GDP data to assess the solidity of growth in the world’s largest economy, the OPEC meeting.

Brexit also comes under the lens: UK growth figures will once more reflect the effects the EU’s exit path is facing on the UK economy.
In the euro area, PMI indices are expected, which promise to define the performance of the economy, with its impact on the ECB’s prospects of tapering.

 

Monday, 22 May

Canada: closed markets
01:50, JPY: trade balance
07:00, JPY: the main index of the economy

Tuesday, May 23

02:30, JPY:  PMI
08:00, CHF: trade balance
08:00, EUR: Germany GDP
08:00, EUR: French business sentiment
09:00, EUR: PMI France
09:00, EUR: Manufacturing PMI France
09:30, EUR: PMI Germany
09:30, EUR: Manufacturing PMI Germany
10:00, EUR: index IFO Germania
10:00, EUR: PMI Eurozona
10:00, EUR: Manufacturing PMI  Eurozone
11:00, EUR: EU financial stability report
12:00, GBP: Inflation report
15:45, USD: PMI manufacturing index Markit
15:45, USD: PMI index of Markit services
16:00, USD: sale of new homes

Wednesday, May 24

00:45, NZD: trade balance
02:00, JPY: Bank of Japan President Kuroda intervened
08:00, EUR: consumer confidence Gfk Germany
09:15, CHF: industrial production
11:00, EUR: trade balance non-EU Italy
15:00, USD: Housing prices
16:00, CAD: BoC interest rate announcement
16:00, CAD: Monetary Policy Report BoC
20:00, USD: FOMC minute

Thursday, 25 May

OPEC meeting
10:00, EUR: sales and orders from Italy
10:30, GBP: GDP
10:30, GBP: service directory
10:30, GBP: investment of enterprises
14:30, USD: Unemployment benefit requests
14:30, USD: trade balance

Friday, May 26

01:30, JPY: Consumer Price Index
14:30, USD: GDP
14:30, USD: Consumer spending
14:30, USD: orders for durable goods
16: 0, USD: consumer sentiment University of Michigan

 

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