The news release schedule is short on Friday, the 19th of May, so let’s take a quick look.
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The April German PPI is up first at 6 AM. Producer prices stood unchanged in March, mostly due to a decline in energy costs.
Coming up next at 12:30 PM GMT is the Canadian Consumer Price Index for April, which is a high importance release for all the Loonie Dollar traders. The annual inflation eased in March, pushed lower by a drop in food and clothing prices.
Canadian Retail Sales for March are out at the same time. Sales slipped in February, following a strong 2.3% gain the previous month.
And Euro Zone Preliminary Consumer Confidence for May comes at 2. The Index saw a notable improvement in April as it grew by 1.4 points.