The US Non-farm payrolls, also known as NFP, will be published on April 3, at 15:30 MT time.
The US inflation: getting worse?
The US CPI and core CPI are due at 15:30 MT time on May 12.
Instruments to trade: EUR/USD, GBP/USD, USD/JPY, USD/CAD
The consumer price index (CPI) measures the majority of overall inflation. It demonstrates the change in the value of goods and services purchased by customers over a certain period. The core level does not take into account food and energy prices due to their volatility. It is not a secret that the inflation is falling right now amid the lockdown in the American cities. We have already seen a decline in CPI indicators in March. Both measures fell lower than analysts predicted: headline indicator was down by 0.4% (vs. -0.3% expected) and core figures shrugged off experts’ anticipation of a rise of 0.1% with -0.1% reported. With the situation not getting any better, we may expect even lower figures on May 12. Will we see a surprise?
• If the indicators are higher than the forecasts, the USD will rise;
• If the indicators are lower than the forecasts, the USD will fall.
The United States will publish ISM manufacturing PMI on April 1, at 17:00 MT time.
Canada will publish the monthly GDP growth on Tuesday, at 15:30 MT time.
Australian Private Capital Expenditure will be announced on Thursday, May 28, at 4:30 MT time.
Euro Area Flash Manufacturing PMI will be released on Friday at 11:00 MT time.
The British Flash Manufacturing PMI will be announced on Thursday at 11:30 MT time.