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Market Review 15 May 2020

May 15, 2020 (07:25)

by Constantinos Loizou

In today’s Economic calendar we can expect to see some volatility in the EUR and USD.
At 06:00 (GMT), the Federal Statistical Office of Germany released their Gross Domestic Product (GDP)
GDP is a measure of the total monetary value of all finished goods and services produced by Germany.
The result had a decrease to -2.2%, considering that the result of February was 0%.
At 09:00 (GMT), Eurostat, the Statistical Office of the Eurozone will also release their Gross Domestic Product results.
The result is forecasted to remain unchanged as the previous month, at -3.8%.
At 12:30 (GMT), the United States Census Bureau will release their Retail Sales.
The above indicates the total receipts of retail stores.
The result is forecasted to a decrease of -12%, considering that last month was -8.7%.
At 14:00 (GMT), the Bureau of Labor Statistics of USA will release the JOLTS* Job Openings
JOLTS* is a survey completed by the United States Bureau of Labor Statistics (BLS) within the Labor Department to help measure job vacancies.
The result is forecasted to a decrease at 6.842M, considering that last month was at 6.882M.

The original content of this Market Update is done in the English language. Any other language translation is provided for the sake of convenience. In case of any inconsistencies between the original English version and any other language, the original English version shall prevail.

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