Second Quarter Euroland GDP Growth and Some Central Bank Rate Announcements – Currency Thoughts

May 2-8, 2026 – Currency Thoughts


Next Week’s Menu: May 2-8, 2026

May 1, 2026

Central Banks: Monetary stances will be reviewed in Australia, Sweden, Norway, Mexico, Poland, Malaysia and the Czech Republic. Fed officials with speaking engagements included Williams, Goolsbee, Musalem, and Hammack. Minutes of the Bank of Japan’s March Board meeting and the quarterly Reserve Bank of Australia Monetary Policy Statement will be published.

Holidays and Special Events: It’s Golden Week in Japan, with Constitution Day this weekend, Greenery Day on Monday and Children’s Day on Tuesday. A number of European countries observe VE Day on Friday, for example France and Ukraine. Local elections in the U.K. are being held on Thursday.

Purchasing Managers Surveys: Various and sundry surveys taken in April will be released covering manufacturing, services, and construction.

Scheduled U.S. Data Releases: Quarterly productivity and unit labor costs. Monthly unemployment, jobs growth, average hourly earnings, factory orders, new home sales, motor vehicle sales, JOLTS data of job hires and quits, consumer inflation expectations, construction sentiment, building permits, U. Michigan/Reuters index of consumer sentiment and the trade balance. Weekly jobless insurance claims, mortgage applications, chain store sales and energy inventories.

Japanese and Chinese Stats: Japanese and Chinese reserves. Japanese monetary base, average cash earnings, and economy watchers index. China’s trade balance.

Selected Other Asian Releases: Consumer prices  in Indonesia, South Korea and the Philippines. Indonesian and Hong Kong GDP. Singaporean and Hong Kong retail sales. South Korean current account and index of leading economic indicators. Malaysian industrial production and Indonesian trade balance.

Euroland Releases: Retail sales, industrial production and Sentix gauge of investor sentiment.

Members of the Euro Area: German, Spanish, French Latvian, Estonian, Finnish, Austrian and Irish industrial production. Italian and Slovakian retail sales. German, French, Portuguese, Austrian, and Slovakian trade balances. German industrial orders, French current account, and Austrian wholesale prices. Spain’s index of leading economic indicators and unemployment.

U.K. and Switzerland: British Halifax house price index and same store sales. Swiss consumer confidence, CPI and unemployment.

Eastern Europe: Hungarian, Romanian and Bulgarian retail sales. Hungarian, Czech and Bulgarian industrial production. Hungarian PPI and CPI.

Nordic Europe: Norwegian and Danish industrial production.

Australia, New Zealand and Turkey: Australian trade balance and building permits. New Zealand labor costs and unemployment. Turkish CPI, PPI and industrial production.

Canada, Brazil and Mexico: Canadian, Brazilian and Mexican consumer prices. Canadian IVEY PMI index and trade balance. Mexican business sentiment and consumer confidence. Brazilian industrial production and trade balance.

Copyright 2026, Larry Greenberg. All rights reserved.

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