The Week Ahead - Major Economic Events for May 22 - 26


Christophe Chevalier


May 19, 2023



Min Read

TC Economic Insight - The Week Ahead (May 22 - 26)

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

We are looking into the trading week of May 22 - 26:

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

We are focusing on major economies worldwide, e.g. the U.S., Canada, China, Australia, the Eurozone: 

U.S. Core Personal Consumption Expenditure (PCE) Price Index is widely regarded as a key factor that the Federal Reserve studies while setting interest rates.

According to Trading Central's "Economic Insight", the Core Personal PCE Price Index’s growth may slow further to 4.5% on year in April (vs 4.6% in March). 

In the past 12 U.S. Core PCE Price Index reports, EUR/USD rose in 50% of times (6 out of 12 reports) within one hour from the report’s release, marking a trading range of 38.83 pips on average.

Other key economic data include:

Monday (May 22)

Hong Kong’s Inflation Rate will be reported.

Tuesday (May 23)

Singapore’s Inflation Rate is expected to slow to 5.3% on year in April.

Canada’s Producer Price Index may fall 1.2% on year in April

Wednesday (May 24)

New Zealand’s Central Bank is expected to raise its key rate by 25 basis points to 5.50%. 

New Zealand’s Retail Sales may drop 2% on year in the first quarter.

U.K. Inflation Rate is expected to cool down to 8.5% on year in April.

Germany, Ifo Business Climate Index may tick down to 93.2 in May.

U.S. Federal Reserve will release Minutes of its last Monetary-Policy Meeting.

Thursday (May 25)

Germany’s GfK Consumer Confidence Index may improve to -24 for June.

U.S. Initial Jobless Claims are expected to tick up to 245,000.

Friday (May 26)

U.K. Retail Sales are expected to rise 0.3% on month in April.

U.S. Core PCE Price Index may slow to 4.5% on year in April.

U.S. Durable Goods Orders are expected to drop 1.1% on month in April.

Happy Trading!

Source: Trading Central Economic Insight

Christophe Chevalier

Technical Analyst
Christophe has an STA Level 1 & 2 from the Society of Technical (UK), an MS in Financial Trading ESLSCA France’s elite financial education university and an MBA from ISC Paris Business School. He joined TC in 2007, bringing over 11 years experience in financial markets.
X (formerly Twitter) logo