People’s Bank of China core lending rate. China, 03:00 (GMT+2) 20 May

20May.202502:00

People’s Bank of China core lending rate. China, 03:00 (GMT+2)

At 03:00 (GMT+2), the People’s Bank of China’s core lending rate, calculated by the National Interbank Finance Center (NIFC) using two maturities of one year and over five years, will be released. It may fall to 3.00% and 3.50%, respectively, in the reporting month.

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19 May. 2025 15:00

Leading indicators. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), the US will publish the April index of leading economic indicators, which includes an assessment of twelve indicators, such as factory orders, the number of applications for unemployment benefits, building permits, prices of major stocks, orders for durable goods, the consumer confidence index, and others. It may fall from –0.7% MoM, putting pressure on the national currency.

20 May. 2025 05:30

Interest rate decision. Australia, 06:30 (GMT+2)

At 06:30 (GMT+2), the Reserve Bank of Australia will announce its interest rate decision. Officials are likely to cut the rate from 4.10% to 3.85%. The accompanying statement may contain the financial authorities’ assessment of the current state of the economy against global geopolitical tensions and the White House’s trade policy.

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