Market Opportunities : Week 16-05-2022 - 20-05-2022 | IFCM Tanzania
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Market Opportunities : Week 16-05-2022 - 20-05-2022

USDIDX: United States Retail Sales report for April is the key economic event of the May 16 - 20 week. The Census Bureau will release the Retail Sales report on May 17. In case the retail sales declines less than the forecast 0.5% - the USDIDX will get a bullish boost .

GBPUSD: United Kingdom Retail Sales report for April is an important event for forex markets. The UK Office for National Statistics will release the Retail Sales report on May 20. In case the UK retail sales declines less than the expected 1% over month after contracting 1.4% the previous month - the GBPUSD will get a bullish impulse.
Key Events to Watch
DateCountryEventForecastPrevious
2022-05-17
GBP
United Kingdom Claimant Count Change 7.4 K-46.9 K
2022-05-17
EUR
European Union Employment Change q/q 0.2%0.5%
2022-05-17
EUR
European Union Gross Domestic Product (GDP) q/q 0.2%0.2%
2022-05-17
USD
United States Retail Sales m/m -0.5%0.5%
2022-05-18
JPY
Japan Gross Domestic Product (GDP) q/q -0.3%1.1%
2022-05-18
USD
United States Building Permits 1.873 M1.873 M
2022-05-19
AUD
Australia Employment Change 40.5 K17.9 K
2022-05-19
NZD
New Zealand Budget Release
2022-05-19
USD
United States Existing Home Sales 5.49 M5.77 M
2022-05-20
GBP
United Kingdom Retail Sales m/m -1.0%-1.4%
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