EU COMMISSION PLAN PROPOSES THAT CERTAIN LARGE COMPANIES PUBLISH THEIR EFFECTIVE TAX RATES || EUROPEAN COMMISSION ADOPTS PLAN FOR SINGLE CORPORATE TAX RULEBOOK FOR THE EU
18 May 21 (Tue)
US April housing starts 1569K vs 1702K estimate
1. UK Unemployment Rate (Mar)
The UK Office for National Statistics will publish the monthly jobs report today and it will be watched more for what it says about wages th...
Last week, the US CPI inflation rose 4.2% in April from a year ago, well above consensus forecasts for 3.6% and climbing to its highest rate since the eve of the 2008 financial crisis.
17 May 21 (Mon)
U.S. RETAIL SALES 0.0% IN APRIL; EST. +1.0%
14 May 21 (Fri)
The US Commerce Department will report April retail sales numbers on Friday. Economists predict that retail sales rose by 1.0% last month. On the other hand, Core retail sales, which exclude autos,...
1. ECB Monetary Policy Meeting Accounts
European Central Bank Monetary Policy Statement contains the outcome of the ECB decision on asset purchases and commentary about t...
U.S. CORE PPI RISES +0.7% IN APRIL; EST. +0.4%
13 May 21 (Thu)
U.S. PPI RISES +0.6% IN APRIL; EST. +0.3%
1. U.S. Producer Price Index (PPI)
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. The US PPI is predicted to come out at...
EIA US weekly oil inventories -427K vs -2100K expected
12 May 21 (Wed)
Crude oil stocks today to be published in the U.S and it is expected to fall by -2.817M this week. If we look at last week data; oil stocks declined by -7.990M barrels. It will be important for oil...
- Fed will act if price pressures prove not transitory
- Surprised by the strength of today CPI report
- Reopening economy puts...
US annual CPI inflation jumps to 4.2% in April
US April CPI +4.2% y/y vs +3.6% expected
We will closely watch the CPI inflation figures today. Consumer prices are expected to have risen 0.2% last month and 3.6% over the prior year, according to estimates. Excluding the cost of food an...
EU COMMISSION: RAISES 2022 EURO-AREA GDP FORECAST TO 4.4% FROM 3.8%
1. Eurozone Industrial Production
The EU Industrial Production for March will be closely followed by traders. Industrial Production measures the change in the total infla...
PEPP tapering talk is purely speculative.
Monetary policy will remain accommodative even if the PEPP program were to ease up.
Interest rates remain very favourable at present to...
11 May 21 (Tue)
1. German ZEW Economic Sentiment
Investors turn attention to the German ZEW economic index to gauge the six-month outlook for the Eurozone.
The reading compiled...
The US Dollar fell versus major currencies after April U.S. jobs data came in well below expectations, putting a damper on hopes that a roaring economic recovery would spur higher rates....
10 May 21 (Mon)
US adds 266,000 jobs in April vs. 978,000 expected
07 May 21 (Fri)