Week Ahead Overview CPI Data, GDP , Trade War And More...

A lot of big data will be release on the second part of the week, indicating the first part of the week will be less volatile. If you trading AUD, Tonight the RBA Reserve Bank of Australia board meeting, Governor Guy Debelle is to speak, and will provide in-depth insights into the economic that influenced their decision on interest rates, Debelle has considerable influence over the value of the Australian dollar. that`s likely to have a impact on the Australian Dollar.

TUE 15.05, German GDP and EUR GDP which is a Key indicator of economic health, The German GDP data will be released very early, UK time 7:00 am , EUR GDP will follow at 10am.

Also on Tuesday, GBP Average Earnings, Released monthly, represents the change in the price businesses and the government pay for labor. Data represents the 3 month moving average compared to the same period a year earlier. Later at 13:00 , USA Retail Sales, Change in the total value of sales at the retail level,which is an important indicator of consumer spending, consumer confidence.

S&P500
 

WED 16.05 , During the night for the UK we have JPY GDP and later the start of the main events of the week, German and EUR CPI. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates. High volatility expected.

Dax
 Image result for us vs china
The US and China Ease trade war, to avoid a costly trade war President Trump has offered the troubled telecom maker ZTE Corp. help, Trump has mentioned on a Sunday tweet the US and China is working together on save ZTE.

This move is drastic shift from Trump which was set to use any leverage against china in negotiation of new trade deals. This will possibly turn the investor to Risk On Scenario, helping the Equity Market to gain.
* Watch for the Bond Market for confirmation

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