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Gold Prices Edge Higher on Weak Dollar but Face Weekly Loss Amid Oil-Driven Inflation Fears

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.S. personal income and spending rose less than expected in August

RBNZ Holds the Line: Governor Breman Navigates the Oil Shock with Cautious Vigilance

Bank of Japan Signals Rate Flexibility Amid Yen Volatility

Dollar Weakens Amid Middle East Tensions and Anticipated Central Bank Decisions

The Goolsbee Gaze: Why Iran's Oil Shock Could Freeze Fed Rate Cuts Until 2027

U.S. House prices increase slightly in July

United States building permits

Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears

Wall Street Hits Record High as Tech Stocks Surge Amid U.S.-Iran Developments

Stock Futures Dip as S&P 500, Nasdaq Hit Record Highs Amid Rising U.S.-Iran Tensions

Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates

Australian economic growth recovers strongly in Q3 2020

New Zealand Labour Backs India Free Trade Deal, Boosting Chances of Parliamentary Approval

Iran Tightens Grip on Strait of Hormuz as Oil Prices Surge

U.S. Consumer Confidence falls in September

©Econometrics LLC . All Rights Reserved.

FxWirePro: The Day Ahead- 2nd May 2017

Tuesday, May 2, 2017 4:25 AM UTC

Lots of economic data and events scheduled for today and some with high volatility risks associated.

Data released so far:

Japan: Markit services PMI declined to 52.2 in April compared to 52.9 previous.
China: Caixin manufacturing PMI declines to 50.3 in April.

Upcoming:

Australia: Reserve Bank of Australia will announce monetary policy decision at 4:30 GMT.
Spain: Markit manufacturing PMI for April will be released at 7:15 GMT.
Switzerland: SVME PMI for April will be released at 7:30 GMT.
Italy: Markit manufacturing PMI for April will be released at 7:45 GMT.
France: Markit manufacturing PMI for April will be released at 7:50 GMT.
Germany: Markit manufacturing PMI for April will be released at 7:55 GMT.
Greece: Markit manufacturing PMI for April will be released at 8:00 GMT.
Eurozone: Markit manufacturing PMI for April will be released at 8:00 GMT, followed by unemployment report for March.
United Kingdom: Markit manufacturing PMI for April will be released at 8:30 GMT. BRC shop price report will be released at 23:00 GMT.
Australia: Budget report will be released at 9:30 GMT.
United States: Redbook index will be updated at 12:55 GMT, followed by total vehicle sales at 19:30 GMT.
New Zealand: Employment report for the first quarter will be released at 22:45 GMT. The global auction is scheduled today.
Auction: U.S. will auction 1-month bills at 15:30 GMT.

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