FX.co ★ Week Ahead - May 19th

The upcoming week in the United States promises to be relatively uneventful, with focus centered on tariff-related developments, addresses by several Federal Reserve officials, and the publication of S&P Global's manufacturing and services PMI data. Additionally, insights into the real estate market will be gleaned from the reports on existing and new home sales. On the international front, S&P Global PMI figures will be closely monitored for regions including Australia, Japan, India, France, Germany, the Eurozone, and the United Kingdom. Key economic statistics will emanate from China, highlighting industrial production, retail sales, the House Price Index, fixed asset investment, foreign direct investment (FDI), alongside a significant interest rate decision. In Japan, anticipated economic releases include data on inflation and the trade balance. Germany will present the Ifo Business Climate Index, while the UK will disclose retail sales figures and inflation rates. In Canada, updates on retail sales, inflation, and housing prices are expected. Furthermore, Australia's monetary landscape will be under scrutiny as the central bank is set to declare its interest rate decision.