16.05.-20.05. US Retails Sales and two CPIs

Source: Duakscopy Bank SA
Next week, notable data releases will start on Tuesday, at 12:30 GMT. At that time, the US Retail Sales and Core Retail Sales data will be published. The data is set to reveal whether the US consumer had continued to make purchases in the market.

On Wednesday, at 06:00 GMT, the UK Consumer Price Index data will reveal how inflation had changed in the UK during April.

Later on, at 12:30 GMT, the Canadian month-on-month Consumer Price Index is set to be published.

The moves on the tables are measured in pips by measuring five minutes before and after an event.

Tuesday, 12:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

Wednesday, 06:00 GMT
© Dukascopy Bank SA

Wednesday, 12:30 GMT
© Dukascopy Bank SA

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Actual Topics

Tue, 24 May 2022 10:24:16 GMT

GBP drops due to UK PMI

On Tuesday, at 08:30 GMT, the GBP/USD plummeted because of the publication of the Markit Flash Manufacturing and Services Purchasing Managers Index survey results. The Pound lost value due to the revelation that the Services PMI was at 51.8 instead of the forecast 56.9. The GBP/USD reacted to the news by dropping 103 base points or 0.82%.

Wed, 11 May 2022 12:42:40 GMT

EUR/USD drops due to high US CPI

On Wednesday, the United States Labour Statistics Bureau released the monthly US Consumer Price Index and Core Consumer Price Index data for April. The markets expected the data for clues in regards to the effectiveness of the first US Federal Reserve Rate hike done on March 15. At 12:30 GMT, the CPI and Core CPI came in at 0.3%

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