On the previous week the FOMC released minutes from its April monetary policy meeting showed growing support for a Fed rate hike in June. Many voters noted that if economic data will be consistent with economic growth in the second quarter, they will call for a rate hike in June. It’s provided a good week for US dollar.
(All times are GMT)
On Tuesday, at 3:05am Reserve Bank of Australia Governor Glenn Stevens speaks at the Trans-Tasman Business Circule boardroom briefing, in Sydney.
At 9:00am German ZEW Economic Sentiment from Zentrum fur Europaische Wirtschaftsforschung will be released.
At 9:00am will be held Inflation Report hearings before England Parliament’s Treasury Committee During these hearings the BOE Governor and several MPC members testify on inflation and the economic outlook.
At 10:45pm Statistics New Zealand will release Trade Balance data.
On Wednesday, at 8:00am Ifo Institute for Economic Research will provide information about German business sentiment.
At 2:00pm Bank of Canada will release Overnight Rate, Rate Statement and Monetary Policy Report.
At 2:30pm Crude Oil Inventories will be provided by US Energy Information Administration.
On Thursday, at 1:30am Australian Bureau of Statistics will announce quarterly data of Private Capital Expenditure.
At 2:00am Annual Budget Release will be provided to New Zealand Treasury.
At 8:30am Office for National Statistics of Great Britain provide GDP Second Estimate (q/q).
At 12:30pm statistical data from USA will arrive: monthly data of Core Durable Goods Orders from Census Bureau.
At 12:30pm statistical data from USA will arrive: Advance GDP from Bureau of Economic Analysis and Unemployment Claims from Department of Labor.
On Friday, at 1:30pm US Bureau of Economic Analysis will release Preliminary GDP (q/q).
At 4:30pm Federal Reserve Chair Janet Yellen speaks about her ground breaking achievements at the Radcliffe Day 2016 event, in Massachusetts.
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