FX & CFD trading involves significant risk
Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:00 G7 G7 Meetings
06:00 Germany Producer Price Index (MoM) April 0% 0.2% 0.1%
06:00 Germany Producer Price Index (YoY) April -3.1% -3% -3.1%
08:00 Eurozone Current account, unadjusted, bln March 11.2 Revised From 11.1 32.3
10:00 United Kingdom CBI industrial order books balance May -11 -13 -8
The U.S. dollar traded mixed to higher against the most major currencies ahead of the release of the U.S. home sales data. The existing home sales in the U.S. are expected to rise to 5.40 million units in April from 5.33 million units in March.
The euro traded mixed against the U.S. dollar after the release of the current account data from the Eurozone. The European Central Bank (ECB) released its current account on Friday. Eurozone's current account surplus climbed to a seasonally adjusted €27.3 billion in March from €19.2 billion in February. February's figure was revised up from a surplus of €19.0 billion.
The surplus on goods rose to €31.0 billion in March from €24.2 billion in February.
The surplus on services remained unchanged at €6.9 billion in March.
The primary income surplus increased to €2.3 billion in March from €1.9 billion in February, while the secondary income deficit was down to €12.9 billion from €13.9 billion.
Eurozone's unadjusted current account surplus climbed to €32.3 billion in March from €11.2 billion in February. February's figure was revised up from a surplus of €11.1 billion.
Destatis released its producer price index (PPI) for Germany on Friday. German PPI producer prices rose 0.1% in April, missing expectations for a 0.2% rise, after a flat reading in March.
On a yearly basis, German PPI dropped 3.1% in April, missing expectations for a 3.0% decrease, after a 3.1% fall in March.
The British pound traded mixed against the U.S. dollar. The Confederation of British Industry (CBI) released its industrial order books balance on Friday. The CBI industrial order books balance rose to -8 in May from -11 in April, beating expectations for a decline to -13.
The Canadian dollar traded lower against the U.S. dollar ahead of the release of the Canadian economic data. The consumer price index in Canada is expected to rise to 1.7% year-on-year in April from 1.3% in March.
The core consumer price index in Canada is expected to fall 2.0% year-on-year in April from 2.1% in March.
Canadian retail sales are expected to decrease 0.6% in March, after a 0.4% rise in February.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair rose to Y110.38
The most important news that are expected (GMT0):
12:30 Canada Retail Sales, m/m March 0.4% -0.6%
12:30 Canada Retail Sales ex Autos, m/m March 0.2% -0.4%
12:30 Canada Consumer Price Index m / m April 0.6% 0.3%
12:30 Canada Consumer price index, y/y April 1.3% 1.7%
12:30 Canada Bank of Canada Consumer Price Index Core, y/y April 2.1% 2%
14:00 U.S. Existing Home Sales April 5.33 5.4
|remaining time till the new event being published|