The US CPI and core CPI are due at 15:30 MT time on May 12.
Will the jobs data support the aussie?
Australia will release the level of employment change and unemployment rate on June 13, at 4:30 MT time.
The employment change shows the change in the number of employed people during the previous month. As for the unemployment rate, it represents the percentage of the total unemployed workforce. Last time, the level of employment change outperformed the forecast of 15.2 thousand people. It advanced by 28.4 thousand people. However, the actual level of unemployment rate disappointed the market with an increase to 5.2%. As a result, the aussie suffered. What will happen this time?
• If the actual level of employment change is higher and the unemployment rate is lower than the forecasts, the AUD will rise;
• If the actual level of employment change is lower and the unemployment rate is higher than the forecasts, the AUD will fall.
The US Non-farm payrolls, also known as NFP, will be published on April 3, at 15:30 MT time.
The United States will publish ISM manufacturing PMI on April 1, at 17:00 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.