Key Economic Data and Central Bank Decisions
Key Economic Data and Central Bank Decisions
This morning Australia’s Q1 GDP came in at 0.1%, falling just short of the 0.2% forecast and noticeably down from last quarter’s 0.3%. While it’s not the blockbuster number we were hoping for, there’s still plenty to keep an eye on in the Aussie economy.
Key Economic Data and Central Bank Decisions
At 09.00, HCOB Composite PMI for the Eurozone: is forecasted that in May it will remain at 52.2 points, which corresponds to the weak growth in business activity throughout the region.
Key Economic Data and Central Bank Decisions
At 13:15, the U.S. will publish ADP Employment Change data for May. The indicator is expected to grow by 173K from 192K previously.
Key Economic Data and Central Bank Decisions
At 14:45, a review on the BoC Central Bank Decisions, where expectations are set for a drop to 4.75% from the previous 5%.
Key Economic Data and Central Bank Decisions
Finally, at 15:00, the U.S. will publish data on the ISM Services PMI for May, which is expected to rise to 50.5 points from 49.4 points, which signals the potential growth.