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Schedule for tomorrow, Thursday, May 16, 2019

Time Country Event Period Previous value Forecast
01:00 Australia Consumer Inflation Expectation May 3.9%  
01:30 Australia Unemployment rate April 5% 5.1%
01:30 Australia Changing the number of employed April 25.7 14
07:30 Eurozone ECB's Peter Praet Speaks    
08:00 Eurozone Eurogroup Meetings    
08:15 Germany German Buba President Weidmann Speaks    
09:00 Eurozone Trade balance unadjusted March 17.9 19.9
12:30 Canada Foreign Securities Purchases March 12.05  
12:30 U.S. Continuing Jobless Claims 1684 1680
12:30 Canada Manufacturing Shipments (MoM) March -0.2% 1.1%
12:30 U.S. Philadelphia Fed Manufacturing Survey May 8.5 9
12:30 U.S. Initial Jobless Claims 228 220
12:30 U.S. Housing Starts April 1.139 1.205
12:30 U.S. Building Permits April 1.288 1.29
15:15 Canada Bank of Canada publishes financial system review    
16:30 Germany German Buba President Weidmann Speaks    
18:00 Eurozone ECB's Benoit Coeure Speaks    
22:30 New Zealand Business NZ PMI April 51.9 54.5
22:45 New Zealand PPI Input (QoQ) Quarter I 1.6% 1.4%
22:45 New Zealand PPI Output (QoQ) Quarter I 0.8% 1.3%

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17:37 19.07.2019
ECB to use July meeting to steer towards a rate cut in September - Rabobank
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17:36 19.07.2019
U.S. consumer sentiment index rise slightly less than forecast in early July
A report from the University of Michigan revealed on Friday the preliminary reading for the Reuters/Michigan index of consumer sentiment rose to 98.4 in early July.Economists had expected the index would increase to 98.5 this month from June’s final reading of 98.2.According to the report, the index of current U.S. economic conditions edged down to 111.1 in July from 111.9 in the previous month. Meanwhile, the index of consumer expectations rose to 90.1 this month from 89.3 in June.
16:46 19.07.2019
Canada's retail sales soft again in May – RBC
Nathan Janzen, the senior economist at Royal Bank of Canada (RBC), notes that the Canadian retail sales fell 0.1% in May and excluding prices, sales were down 0.5%.“The details of the May report don’t look quite as soft as the headline.  Most of the month-over-month decline was attributed to an unusually large 2.0% drop in food & beverage store sales that will probably reverse at some point.  Sales increased in 7 of 11 subsectors – including another sizeable monthly rise in sales
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