MARKET UPDATE 15-May-18

Australia is expected to release its first quarter wage price index tomorrow. They will have their April Unemployment numbers on Thursday and expectations are for it to remain at 5.5%. The Reserve Bank of Australia released its Monetary Policy Meeting Minutes today with no surprises.

New Zealand is expecting to print its Global Dairy Trade index tomorrow. Their first quarter Producer Price index as well as their annual Budget release is due on Thursday.

For the US, they will be printing their April Retail Sales data early tomorrow morning followed by Building and Housing starts data on Thursday. While their May jobless claims are lined up for Friday.

FX Rates 15.05.18

 

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