Economy

Welcome to Monday. Let's see what will move the markets this week.

The Reserve bank of Australia will make its statement and announce the official rate on June 4, at 7:30 MT time.

China will release the level of its manufacturing PMI on May 31, at 4:00 MT time.

The Bank of Canada will publish its monetary policy statement and make the rate announcement on May 29, at 17:00 MT.

Check the key events for this week...

On Wednesday, China posted shockingly weaker surge in retail sales as well as industrial output for April, thus increasing pressure on the Chinese cabinet to roll out more stimulus because the trade conflict with America escalates…

In March, euro zone industrial output headed south for a second month in a row due to the fact that output slumped in Italy and France, although revived in the EU’s number one economy - Germany…

The Australian jobs data will be out on May 16, at 4:30 MT.

The United States will release the level of retail sales and core retail sales on May 15, at 15:30 MT time.

In March, Japan's coincident indicator index demonstrated a worse outcome, while the country’s cabinet had its view cut, thus indicating that the Japanese economy might be in recession due to the fact that the US-China trade conflict as along with dismal…

Hottest events for this week!

In the first quarter, the Japanese economy shrank a bit due to the fact that corporate as well as consumer spending decreased…