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Trade balance. China, 05:00 (GMT+2) 09 May

09May.202404:00

Trade balance. China, 05:00 (GMT+2)

At 05:00 (GMT+2), trade balance data is due in China. This indicator records the difference between the payments for exported and imported goods. It may grow from 58.55B American dollars to 81.40B American dollars, supporting the yuan.

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Building approvals. Australia, 03:30 (GMT+2)
09 May. 2024 02:30
Building approvals. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) in Australia, data on the number of building permits issued monthly by the government for real estate construction is due. It is one of the most important market indicators. It may change from −1.9% to 1.9% MoM, supporting the Australian dollar.

Interest rate decision. UK, 13:00 (GMT+2)
09 May. 2024 12:00
Interest rate decision. UK, 13:00 (GMT+2)

At 13:00 (GMT+2), the Bank of England meeting on monetary policy is due. The regulator may keep the interest rate at 5.25%. The accompanying statement may contain officials’ vision of the state and immediate prospects of the national economy, as well as hints on further actions in monetary policy.

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