
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
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Australian Bureau of Statistics will release the quarterly change in Consumer Price Index on April 27, 16:30 GMT+3. This is Australia's most important price data because central banks use it for setting the inflation target. This release is considerable for all AUD related pairs, like AUDUSD and EURAUD.
The official measure of consumer price shows economic health in the country. Much of the increase in prices happened due to a clash between strong demand and Covid-disrupted supply chains. High numbers in this quarter could prompt the Reserve bank of Australia (RBA) into rates lift-off in the middle of a federal election campaign at their May meeting. Most of the time, rate hikes are positive for the currency. In January, the last CPI release caused a massive volatility spike, moving AUDUSD lower and higher by hundreds of pips.
Higher-than-expected numbers will boost the AUD. Moreover, AUDUSD may fly to its last local highs at 0.7650.
Check the economic calendar
Instruments to trade: AUDUSD, EURAUD, AUDJPY
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
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