Hello investors and Forex, Cryptocurrency traders! welcome to our Trading Signal and Analysis Site! TPwithUS signals and analysis are based on Price actions, Gann Angels, and Astrology! Here we share, the Global Economic Calendar for May 13th to 17th 2024 in America, Europe, and Asia, That is a Guide to Understanding Global Market Trends. Stay with us and take profit in the forex trading Market together!
Global Economic Calendar for May 13th to 17th 2024
Here are some key economic events to watch out for in the week ahead:
- In the US: Inflation, producer price, and retail sales data, along with speeches by Fed officials. Also look out for industrial production, import/export prices, housing starts, and building permits. Major earnings reports are from Home Depot, Cisco, Walmart, Deere & Company, and Applied Materials.
- In China: Industrial production, retail sales, fixed asset investments, house price index, and unemployment rate data for April.
- Globally: Q1 GDP growth rates for Japan, the Netherlands, Thailand, Poland, and Russia, as well as inflation rates in India and Russia.
- Other releases include Germany’s ZEW Economic Sentiment, Australia’s NAB Business Confidence, and the UK’s unemployment rate.
America:
- April CPI report: Expected to show a 0.3% increase, slightly lower than the previous month.
- PPI data: Anticipated a 0.2% increase in headline and core producer prices.
- Retail sales: Expected to show a 0.4% increase.
- Other indicators to watch are industrial production, the NY Empire State Manufacturing Index, business inventories, the Philadelphia Fed Manufacturing Index, housing starts, and building permits.
- Federal Reserve statements: Investors will be listening closely to Fed officials for clues on interest rate cuts, with Chair Powell’s appearance at a meeting in Amsterdam on Tuesday.
- Corporate earnings: Reports from Home Depot, Cisco Systems, Walmart, Applied Materials, and Deere & Company.
Europe:
- ZEW Indicator of Economic Sentiment for Germany is expected to rise in May.
- Consumer confidence in Switzerland is anticipated to decline.
- Eurozone’s first quarter GDP growth is expected to confirm a 0.3% expansion, the fastest since Q3 2022.
- GDP estimates for Q1 are to be released for the Netherlands, Poland, and Russia.
- Euro Area industrial production is expected to decrease.
- Final inflation figures for the Euro Area, Germany, France, and Italy are to be announced, with stable figures expected for the Eurozone and Germany, but lower inflation in France and Italy.
- In Russia, inflation increased to 7.8%, the highest in fourteen months.
- In the United Kingdom, focus on the jobs report, with forecasts suggesting an increase in the unemployment rate to 4.3% in Q1 and slowing wage growth.
Asia and Australia:
- China: Industrial production, retail sales, unemployment, and housing prices for April to be released.
- Japan: Estimate of first-quarter GDP expected to show a contraction.
- India: Inflation rate for April to remain within RBI’s target band, trade balance updates.
- South Korea: April unemployment rate to be posted.
- Thailand: First-quarter GDP figures to be unveiled.
- Philippines: Interest rate decision to be announced.
- Australia: NAB business confidence index for April and labor market data to be released.
Thanks for reading the Economic Calendar for May 13th to 17th 2024 with us, Be informed by the TPwithUS team, and take profit with us in the Forex market.
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