{"id":10952,"date":"2025-05-19T06:28:11","date_gmt":"2025-05-19T06:28:11","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=10952"},"modified":"2025-05-19T06:28:13","modified_gmt":"2025-05-19T06:28:13","slug":"weekly-overview-2025-05-19","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/ro\/analytics\/weekly-overview-2025-05-19\/","title":{"rendered":"Week&#8217;s main events (May 19 \u2013 May 23)"},"content":{"rendered":"<div class=\"ag-base_page ag-m-format-container\">\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (May 19 \u2013 May 23)<\/h1>\n<div class=\"ag-analytics-page ag-market-overview-page\">\n<p class=\"ag-analytics_text\">A series of high-impact economic events is slated for this week, poised to influence global financial markets. Key highlights include interest rate decisions from the Reserve Bank of Australia (RBA) and the People\u2019s Bank of China (PBoC), alongside inflation reports from Japan, the United Kingdom, and Canada, as well as comprehensive Purchasing Managers\u2019 Index (PMI) data from major economies. While the PBoC has maintained a steady policy stance in recent months, potential policy shifts cannot be ruled out. Conversely, the RBA is broadly expected to implement a 25-basis-point rate cut in response to evolving domestic conditions and global trade policy uncertainties. On the inflation front, Japan and the UK are anticipated to report rising consumer price pressures, whereas inflation in Canada is expected to stabilize. Meanwhile, PMI readings will offer crucial insights into the performance of the manufacturing and services sectors \u2014 core drivers of economic activity. These indicators will be closely monitored for signals of growth momentum and potential policy implications.<\/p>\n<div class=\"ag-analytics_title\">Monday, May 19<\/div>\n<div class=\"ag-analytics_title-list\">On Monday, China is set to release a comprehensive set of macroeconomic data, including figures on industrial activity and the labor market. Year-on-year data is expected to show a modest improvement in growth momentum. However, the recent reduction in reserve requirement ratios by the People\u2019s Bank of China reflects policymakers\u2019 acknowledgment that the economy requires additional support. Despite ongoing domestic and external challenges, these measures underscore the government&#8217;s commitment to meeting its ambitious 5% GDP growth target. It&#8217;s a bank holiday in Canada.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 New Zealand Producer Price Index (q\/q) at 01:45 (GMT+3).<\/li>\n<li>\u2013 China Industrial Production (m\/m) at 05:00 (GMT+3);<\/li>\n<li>\u2013 China Retail Sales (m\/m) at 05:00 (GMT+3);<\/li>\n<li>\u2013 China Unemployment Rate (m\/m) at 05:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone Consumer Price Index (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 Switzerland SNB Chairman Schlegel speaks at 19:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Tuesday, May 20<\/div>\n<div class=\"ag-analytics_title-list\">China&#8217;s central bank is set to revise its benchmark lending rates, which have remained at record lows in recent months. A 0.10% rate cut is expected on Tuesday for both the 1-year and 5-year lending rates. On May 13, the offshore yuan set a six-month high against the dollar, and a rate cut could put further pressure on the yuan. Also on Tuesday, the Reserve Bank of Australia (RBA) is expected to lower its policy rate by 25 basis points, from 4.10% to 3.85%. Such a move could weigh on the Australian dollar in the short term. Attention will turn to Canada\u2019s consumer inflation data during the US trading session. The median CPI, a measure closely monitored by the Bank of Canada, is projected to remain steady at 2.9% y\/y, with a potential annualized uptick of 0.1%. While the Canadian dollar is not expected to exhibit significant directional movement, a spike in market volatility is likely around the data release time.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 China PBoC Loan Prime Rate at 04:15 (GMT+3);<\/li>\n<li>\u2013 Australia RBA Interest Rate Decision at 07:00 (GMT+3);<\/li>\n<li>\u2013 Australia RBA Monetary Policy Statement at 07:00 (GMT+3);<\/li>\n<li>\u2013 Australia RBA Press Conference at 08:30 (GMT+3);<\/li>\n<li>\u2013 Canada Consumer Price Index (m\/m) at 15:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Wednesday, May 21<\/div>\n<div class=\"ag-analytics_title-list\">During Wednesday\u2019s Asian session, market participants will closely monitor Japan and New Zealand trade balance figures. A surplus, where export growth outpaces imports, generally supports the respective national currencies, while a deficit tends to exert downward pressure. Later in the day, the UK will release its latest inflation data. With rising utility costs, including electricity and water bills, headline inflation is expected to accelerate from 2.6% to 3.3% year-on-year. Despite this anticipated increase, the Bank of England (BoE) is unlikely to shift its policy stance soon as wage growth continues to outstrip inflation. Meanwhile, softer consumer sentiment and a recent decline in public support for Prime Minister Keir Starmer, primarily driven by weakening backing for the Labour Party, add a layer of political uncertainty to the economic outlook.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 New Zealand Trade Balance (q\/q) at 01:45 (GMT+3);<\/li>\n<li>\u2013 Japan Trade Balance (m\/q) at 02:50 (GMT+3);<\/li>\n<li>\u2013 UK Consumer Price Index (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 UK Producer Price Index (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 US Crude Oil Reserves (w\/w) at 17:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Thursday, May 22<\/div>\n<div class=\"ag-analytics_title-list\">On Thursday, market attention will turn to releasing manufacturing and services Purchasing Managers\u2019 Index (PMI) data across major economies. While most PMI readings remain below the 50 threshold, indicating continued contraction, the recent trend has gradually improved. In particular, Germany, France, and the United States are expected to post modest gains in PMI figures, suggesting a potential stabilization in economic activity. In contrast, Japan and Australia are forecast to decline, highlighting regional divergences in business sentiment and sector performance. These releases will be closely watched for insights into the evolving pace of global economic recovery.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Australia Manufacturing PMI (m\/m) at 02:00 (GMT+3);<\/li>\n<li>\u2013 Australia Services PMI (m\/m) at 02:00 (GMT+3);<\/li>\n<li>\u2013 Japan Manufacturing PMI (m\/m) at 03:30 (GMT+3);<\/li>\n<li>\u2013 Japan Services PMI (m\/m) at 03:30 (GMT+3);<\/li>\n<li>\u2013 Eurozone German Manufacturing PMI (m\/m) at 10:30 (GMT+3);<\/li>\n<li>\u2013 Eurozone German Services PMI (m\/m) at 10:30 (GMT+3);<\/li>\n<li>\u2013 Eurozone Manufacturing PMI (m\/m) at 11:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone Services PMI (m\/m) at 11:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone German ifo Business Climate (m\/m) at 11:00 (GMT+3);<\/li>\n<li>\u2013 UK Manufacturing PMI (m\/m) at 11:30 (GMT+3);<\/li>\n<li>\u2013 UK Services PMI (m\/m) at 11:30 (GMT+3);<\/li>\n<li>\u2013 Eurozone ECB Monetary Policy Meeting Accounts at 14:30 (GMT+3);<\/li>\n<li>\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US Manufacturing PMI (m\/m) at 16:45 (GMT+3);<\/li>\n<li>\u2013 US Services PMI (m\/m) at 16:45 (GMT+3);<\/li>\n<li>\u2013 US Existing Home Sales (m\/m) at 17:00 (GMT+3);<\/li>\n<li>\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Friday, May 23<\/div>\n<div class=\"ag-analytics_title-list\">The key release on Friday will be Japan\u2019s inflation report, with analysts forecasting an increase in the year-on-year rate from 3.2% to 3.5%. Such a rise could reinforce expectations that the Bank of Japan may consider another rate hike, potentially supporting the yen. In addition, retail sales figures from the United Kingdom and Canada will be closely watched. Stronger-than-expected results typically bolster the respective national currencies, as they signal resilient consumer demand and a more robust economic outlook.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li style=\"list-style-type: none;\">\n<ul class=\"ag-analytics_list\">\n<li style=\"list-style-type: none;\">\n<ul class=\"ag-analytics_list\">\n<li style=\"list-style-type: none;\">\n<ul class=\"ag-analytics_list\">\n<li>\u2013 New Zealand Retail Sales (q\/q) at 01:45 (GMT+3).<\/li>\n<li>\u2013 Japan National Core CPI (m\/m) at 02:30 (GMT+3);<\/li>\n<li>\u2013 UK Retail Sales (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 German GDP (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 Canada Retail Sales (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US New Home Sales (m\/m) at 17:00 (GMT+3).<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, 2025.05.19<\/p>\n<p>&nbsp;<\/p>\n<p><a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/ro\/register\/?sl=1\">Open Account<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (May 19 \u2013 May 23) A series of high-impact economic events is slated for this week, poised to influence global financial markets. Key highlights include interest rate decisions from the Reserve Bank of Australia (RBA) and the People\u2019s Bank of China (PBoC), alongside inflation reports from Japan, &#8230;<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[238,333,336],"tags":[],"class_list":["post-10952","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts\/10952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/comments?post=10952"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts\/10952\/revisions"}],"predecessor-version":[{"id":10959,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts\/10952\/revisions\/10959"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/media?parent=10952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/categories?post=10952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/tags?post=10952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}