TC Economic Insight - The Week Ahead (May 22 - 26)

Using Multi-Stock Trading LLC's "Economic Insight" investors can check out up-coming major economic events/ data.

We are looking into the trading week of May 22 - 26:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We are focusing on major economies worldwide, e.g. the U.S., Canada, China, Australia, the Eurozone: 

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U.S. Core Personal Consumption Expenditure (PCE) Price Index is widely regarded as a key factor that the Federal Reserve studies while setting interest rates.

According to Multi-Stock Trading LLC's "Economic Insight", the Core Personal PCE Price Index’s growth may slow further to 4.5% on year in April (vs 4.6% in March). 

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In the past 12 U.S. Core PCE Price Index reports, EUR/USD rose in 50% of times (6 out of 12 reports) within one hour from the report’s release, marking a trading range of 38.83 pips on average.

Other key economic data include:

Monday (May 22)

Hong Kong’s Inflation Rate will be reported.

Tuesday (May 23)

Singapore’s Inflation Rate is expected to slow to 5.3% on year in April.

Canada’s Producer Price Index may fall 1.2% on year in April

Wednesday (May 24)

New Zealand’s Central Bank is expected to raise its key rate by 25 basis points to 5.50%. 

New Zealand’s Retail Sales may drop 2% on year in the first quarter.

U.K. Inflation Rate is expected to cool down to 8.5% on year in April.

Germany, Ifo Business Climate Index may tick down to 93.2 in May.

U.S. Federal Reserve will release Minutes of its last Monetary-Policy Meeting.

Thursday (May 25)

Germany’s GfK Consumer Confidence Index may improve to -24 for June.

U.S. Initial Jobless Claims are expected to tick up to 245,000.

Friday (May 26)

U.K. Retail Sales are expected to rise 0.3% on month in April.

U.S. Core PCE Price Index may slow to 4.5% on year in April.

U.S. Durable Goods Orders are expected to drop 1.1% on month in April.

Happy Trading!

Source: Multi-Stock Trading LLC Economic Insight

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