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Not many economic dockets scheduled for today, risk associated is moderate. Focus in BOE rate decision.
Data released so far -
- Australia - Retail sales disappointed in April with no growth. Trade balance deteriorated to -3.9 billion. Imports grew by 4% in April, while exports dropped by -6%.
- France - Unemployment rate dropped marginally to 10.3% in quarter one.
Upcoming -
- Greece - Greece will declare unemployment details for March at 9:00 GMT. Prior as 25.4%.
- UK - Bank of England (BOE) will announce its monetary policy decisions 11:00 GMT.
- US - Medium risk associated with today's releases. Challenger job cuts will be announced at 11:30 GMT, followed by initial jobless claims at 12:30 GMT, along with non-farm productivity and unit labor cost. EIA will declare storage stat of Natural gas at 14:30 GMT. One FED speaker is scheduled today, Tarullo at 16:00 GMT.
- Canada - IVEY PMI is scheduled at 14:00 GMT.
- Australia - AIG performance of construction index will be released at 23:30 GMT.
