Forex news and the most important events on the economic calendar this week 14-18 May

This week, investors are waiting for many forex news, represented by important data in the United States on US retail sales scheduled for Tuesday, in order to look for signs of strength in the economy amid persistent speculation about the possibility of the Federal Reserve increasing interest rates for an additional three times this year. .

In addition to the retail data, global markets will also focus on reports of the housing sector, manufacturing and industrial production, and the focus will be on trade talks between officials from the United States and China.

Forex news

Forex news

Here are the most important forex news on the economic calendar this week:

Monday 14 May

Loretta Meester, President of the Federal Reserve Bank of Cleveland, is scheduled to speak at an event in the French capital, "Paris."

Tuesday 15 May

The Reserve Bank of Australia will announce the benchmark interest rate, in addition to publishing a statement on policies that determine economic conditions and the factors that would affect the monetary policy decision, while China will issue several important statements on investment in fixed assets and industrial production, and it will Britain announced its latest report on employment, and in the euro zone, some preliminary data on economic growth in the region is scheduled to be released during the first quarter of this year.

The ZEW Institute will publish a report on German economic sentiment, and in the United States, many important data on US retail sales are scheduled to be released, along with other data on the activity of the manufacturing sector in the New York region.

Wednesday May 16

Japan will release its preliminary data on economic growth in the country during the first quarter of this year, and Australia will publish a report on wage inflation, on the other hand, the eurozone will release its revised figures on inflation levels in the region, also scheduled later in the month. Today, European Central Bank President Mario Draghi will speak at an event in Frankfurt, Canada will release numbers on manufacturing sales, and in the United States many important data about building permits and the start of home construction is scheduled to be announced. The new addition to other data on industrial production in the country.

Thursday 17 May

Australia is to release its latest employment report, and the US is to release data on initial jobless claims along with data on manufacturing activity in the Philadelphia region.

Friday May 18

Later today, Canada is scheduled to release its weekly data on inflation and retail sales.

 

Mohamed Abdel Khaleq

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