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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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10:39 22.05.2019
China cracks down on high-interest rate deposit schemes
China’s financial regulators have told some domestic banks to stop marketing so-called smart deposits, which look like high-interest term deposits but are in fact investment products, three sources told.“Smart” deposits have been widely marketed by Chinese banks, especially smaller ones, since last year to attract deposits. But there are concerns they might violate rules for setting interest rates and could cause liquidity risks for smaller banks because they are an expensive way to attract
10:20 22.05.2019
Australia: Cooling construction activity in Q1 2019 - Westpac
Andrew Hanlan, analyst at Westpac, points out that Australian construction sector experienced a further cooling of conditions in early 2019, with construction work contracting for a third consecutive quarter, falling by: -3.6% in Q3 2018; -2.1% in Q4; and -1.9% in Q1 2019.“The March quarter outcome fell short of expectations, which were for a consolidation (market median flat and Westpac +0.2%). With the construction sector accounting for about 14% of the economy, this result will subtract in
10:00 22.05.2019
FOMC Minutes and UK inflation amongst market movers today – Danske Bank
“In the UK, European elections kick off today. Normally, the elections would not be a major market mover but, given Brexit, it is more interesting this time, not least because the Conservative Party is likely to suffer a heavy defeat and Nigel Farage's new Brexit party may be the biggest party of all. In our view, it is likely this would increase pressure on Prime Minister Theresa May to resign. Furthermore, CPI inflation for April is also on the agenda", Danske Bank said. "In the US, markets
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