TC Economic Insight - The Week Ahead (May 19-23)

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the trading week of May 19-23:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We can select which major economies to focus on:

At the start of May, the Bank of Japan kept its key interest rate unchanged (as expected) at 0.50%.

The central bank has been holding this rate unchanged since raising it to 0.50% in January. 

Even though Japan’s inflation stands at elevated levels, there are signs that BOJ officials want stable interest rates considering extremely high uncertainties brought about by US tariff measures.

In general, global stock investors like to see stable Japanese interest rates, and a not-so-strong Japanese yen.

Japan’s next set of major inflation data will come on Friday (May 23). According to Trading Central's "Economic Insight", the Core Inflation Rate is expected to remain stable at 3.2% year on year in April.

In the past 12 Japanese Inflation Reports, within one hour from the event, USD/JPY rose in 58% of times (7 out of 12 events), marking a trading range of 28.12 pips on average.

Key Economic Data Forecasts:

(GMT+02:00 Hour) 

Happy Trading!

Source: Trading Central Economic Insight

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