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Weekly Economic Calendar For May 6th, 2024 – May 11th, 2024


Greetings from Doo Prime!     

Below are the upcoming week’s important economic events and related currency reminders from 6th May 2024 – 11th May 2024 (GMT+8 Beijing Time).

Due to the uncertainty of the market results, the market may face large fluctuations during these events, leading to market gaps.

With this, Doo Prime would like to remind you to closely monitor all major market news announcements when managing your trades and risks.

In addition, please ensure that you have reviewed your margin rate during these periods of major market conditions and have sufficient margin to support your risk exposure.

Monday, May 6th, 2024

All Day HolidayJapan – Children’s Day
All Day HolidayUnited Kingdom – Bank Holiday
09:45 –   CNYChina Caixin Services PMI (Apr)
15:50 –   EURFrance Services PMI (Apr)
15:55 –   EURGermany Services PMI (%) (Apr)
16:00 –   EUREurozone S&P Global Composite PMI (Apr)
16:00 –   EUREurozone Markit Services PMI (Apr)

Tuesday, May 7th, 2024

07:01 –   GBPU.K. BRC Retail Sales Monitor Data (YoY) (Apr)
08:30 –   JPYJapan Services PMI (Apr)
12:30 –   AUDAustralia RBA Interest Rate Decision (May)
14:00 –   GBPU.K. Halifax House Price Index (S.A.) (%) (MoM) (Apr)
14:00 –   GBPU.K. Halifax House Price Index (S.A.) (%) (YoY) (Apr)
14:00 –   EURGermany Factory Orders (%) (S.A.) (MoM) (Mar)
14:00 –   EURGermany Trade Balance (Mar)
15:30 –   SEKSweden Interest Rate Decision
16:00 –   CNYChina Foreign Exchange Reserves (USD) (Apr)
16:30 –   GBPU.K. Construction PMI (Apr)
22:00 –   CADCanada Ivey PMI (S.A.) (Apr)

Wednesday, May 8th, 2024

HolidaySweden – Ascension Day – Early close at 13:00
14:00 –   EURGermany Industrial Production (%) (S.A.) (MoM) (Mar)
15:30 –   SEK Sweden Interest Rate Decision

Thursday, May 9th, 2024

All Day HolidaySwitzerland – Ascension Day
All Day HolidayNorway – Ascension Day
All Day HolidaySweden – Ascension Day
07:01 –   GBPU.K. RICS House Price Balance (3M/3M) (Apr)
19:00 –   GBPU.K. BoE MPC Vote For Cut (Apr)
19:00 –   GBPU.K. BoE MPC Vote For Hike (Apr)
19:00 –   GBPU.K. BoE MPC Vote For Unchanged (Apr)
19:00 –   GBPU.K. BoE Interest Rate Decision (Apr)
20:00 –   PLNPoland Interest Rate Decision (May)
20:30 –   USDU.S. Continuing Jobless Claims
20:30 –   USDU.S. Initial Jobless Claims

Friday, May 10th, 2024

00:33 –   CNYChina Exports – In Dollar (%) (YoY) (Apr)
00:33 –   CNYChina Imports – In Dollar (%) (YoY) (Apr)
00:33 –   CNYChina Trade Balance (USD) (Apr)
06:30 –   NZDNew Zealand Business PMI (Apr)
07:30 –   JPY Japan Household Spending (%) (YoY) (Mar)
07:30 –   JPYJapan Household Spending (%) (MoM) (Mar)
07:50 –   JPYJapan Adjusted Current Account (S.A.) (Mar)
07:50 –   JPYJapan Current Account (N.S.A.) (Mar)
14:00 –   GBPU.K. Business Investment (%) (QoQ) (Q1)
14:00 –   GBPU.K. GDP (%) (YoY) (Q1)
14:00 –   GBPU.K. GDP (%) (QoQ) (Q1)
14:00 –   GBPU.K. GDP (%) (MoM) (Mar)
14:00 –   GBPU.K. Industrial Production (%) (MoM) (Mar)
14:00 –   GBPU.K. Manufacturing Production (%) (MoM) (Mar)
14:00 –   GBPU.K. Monthly GDP Change (3M/3M) (Mar)
14:00 –   GBPU.K. Trade Balance (Mar)
14:00 –   GBPU.K. Non-EU Trade Balance (S.A.) (Mar)
20:30 –   CADCanada Employment Change (Apr)
20:30 –   CAD Canada Unemployment Rate (Apr)
22:00 –   USDU.S. University Of Michigan 1-Year Inflation Expectations (May)
22:00 –   USDU.S. University Of Michigan 5-10 Year Inflation Expectations (%) (May)
22:00 –   USDU.S. Univerisity Of Michigan Consumer Expectations (May)
22:00 –   USDU.S. University Of Michigan Consumer Sentiment (May)

Saturday, May 11th, 2024

01:00 –   USDU.S. Baker Hughes Oil Rig Count
01:00 –   USDU.S. Baker Hughes Total Rig Count
02:00 –   USDU.S. Federal Budget Balance (Apr)
09:30 –   CNYChina CPI (%) (MoM) (Apr)
09:30 –   CNYChina CPI (%) (YoY) (Apr)
09:30 –   CNYChina PPI (%) (YoY) (Apr)
20:30 –   USDU.S. NonfarmUnit Labor Costs (QoQ) (Q1)
20:30 –   CADCanada Trade Balance (Mar)
22:00 –   USDU.S. Factory Orders (%) (MoM) (Mar)

Risk Disclosure  

Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance.  Investments in certain services should be made on margin or leverage, where relatively small movements in trading prices may have a disproportionately large impact on the client’s investment and client should therefore be prepared to suffer significant losses when using such trading facilities.   

Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with Doo Prime’s trading platforms. You should seek independent professional advice if you do not understand any of the risks disclosed by us herein or any risk associated with the trade and investment of financial instruments. Please refer to Doo Prime’s Client Agreement and Risk Disclosure and Acknowledgement Notice to find out more.  

Disclaimer  

This information is addressed to the general public solely for information purposes and should not be taken as investment advice, recommendation, offer, or solicitation to buy or sell any financial instrument. The information displayed herein has been prepared without any reference or consideration to any particular recipient’s investment objectives or financial situation. Any references to the past performance of a financial instrument, index, or a packaged investment product shall not be taken as a reliable indicator of its future performance. Doo Prime and its holding company, affiliates, subsidiaries, associated companies, partners and their respective employees, make no representation or warranties to the information displayed and shall not be liable for any direct, indirect, special or consequential loss or damages incurred a result of any inaccuracies or incompleteness of the information provided, and any direct or indirect trading risks, profit, or loss arising from any individual’s or client’s investment.

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