{"id":11751,"date":"2024-06-05T08:07:50","date_gmt":"2024-06-05T07:07:50","guid":{"rendered":"https:\/\/cambridgecurrencies.com\/?p=11751"},"modified":"2025-02-06T23:21:22","modified_gmt":"2025-02-06T23:21:22","slug":"key-economic-data-and-central-bank-decisions","status":"publish","type":"post","link":"https:\/\/cambridgecurrencies.com\/key-economic-data-and-central-bank-decisions\/","title":{"rendered":"Key Economic Data and Central Bank Decisions"},"content":{"rendered":"\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"735\" data-attachment-id=\"1841\" data-permalink=\"https:\/\/cambridgecurrencies.com\/fxnews\/bankbuilding\/\" data-orig-file=\"https:\/\/i0.wp.com\/cambridgecurrencies.com\/wp-content\/uploads\/2024\/02\/shutterstock_574713295-e1708519104352.jpg?fit=349%2C250&amp;ssl=1\" data-orig-size=\"349,250\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Shutterstock&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;Copyright (c) 2017 Anton_AV\\\/Shutterstock.  No use without permission.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Bank,Building&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Bank,Building\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/cambridgecurrencies.com\/wp-content\/uploads\/2024\/02\/shutterstock_574713295-e1708519104352.jpg?fit=300%2C215&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/cambridgecurrencies.com\/wp-content\/uploads\/2024\/02\/shutterstock_574713295-e1708519104352.jpg?fit=975%2C700&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cambridgecurrencies.com\/wp-content\/uploads\/2024\/02\/shutterstock_574713295.jpg?resize=1024%2C735&#038;ssl=1\" alt=\"central bank \" class=\"wp-image-1841\" style=\"aspect-ratio:3\/4;object-fit:cover\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p class=\"has-background-color has-text-color has-link-color wp-elements-049721696b2435d30ffb37fb4718ac68\" style=\"font-size:0px\">Key Economic Data and Central Bank Decisions<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Key Economic Data and Central Bank Decisions<\/h1>\n\n\n\n<p>This morning <strong>Australia\u2019s Q1 GDP<\/strong> came in at <strong>0.1%<\/strong>, falling just short of the 0.2% forecast and noticeably down from last quarter\u2019s 0.3%. While it\u2019s not the blockbuster number we were hoping for, there\u2019s still plenty to keep an eye on in the Aussie economy.<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-link-color wp-elements-049721696b2435d30ffb37fb4718ac68\" style=\"font-size:0px\">Key Economic Data and Central Bank Decisions<\/p>\n\n\n\n<p>At <strong>09.00<\/strong>, HCOB Composite <strong>PMI<\/strong> for the Eurozone: is <strong>forecasted<\/strong> that in May it will remain at <strong>52.2<\/strong> points, which corresponds to the weak growth in business activity throughout the region.<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-link-color wp-elements-049721696b2435d30ffb37fb4718ac68\" style=\"font-size:0px\">Key Economic Data and Central Bank Decisions<\/p>\n\n\n\n<p>At <strong>13:15<\/strong>, the U.S. will publish <strong>ADP Employment<\/strong> Change data for May. The indicator is expected to grow by <strong>173K from 192K previously<\/strong>.<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-link-color wp-elements-049721696b2435d30ffb37fb4718ac68\" style=\"font-size:0px\">Key Economic Data and Central Bank Decisions<\/p>\n\n\n\n<p>At <strong>14:45<\/strong>, a review on the <strong>BoC Central Bank Decisions<\/strong>, where expectations are set for a <strong>drop to 4.75%<\/strong> from the <strong>previous 5%<\/strong>.<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-link-color wp-elements-049721696b2435d30ffb37fb4718ac68\" style=\"font-size:0px\">Key Economic Data and Central Bank Decisions<\/p>\n\n\n\n<p>Finally, at <strong>15:00<\/strong>, the <strong>U.S<\/strong>. will publish data on the<strong> ISM<\/strong> Services <strong>PMI for May<\/strong>, which is expected to rise to <strong>50.5 <\/strong>points <strong>from 49.4 points<\/strong>, which signals the potential growth.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a6d9f191 wp-block-buttons-is-layout-flex\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:var(--wp--preset--spacing--40)\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/cambridgecurrencies.com\/\">Get a Free Quote<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Key Economic Data and Central Bank Decisions Key Economic Data and Central Bank Decisions This morning Australia\u2019s Q1 GDP came in at 0.1%, falling just short of the 0.2% forecast and noticeably down from last quarter\u2019s 0.3%. While it\u2019s not the blockbuster number we were hoping for, there\u2019s still plenty to keep an eye on [&hellip;]<\/p>\n","protected":false},"author":244711593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[97],"tags":[50518672,50518674,50518605,50518663,50518636,50518647,50518619,50518664,50518597,50518602,50518606,50518593,50518635,50518626,50518634,50518620,50518673,50518604,50518624],"class_list":["post-11751","post","type-post","status-publish","format-standard","hentry","category-market-insight","tag-boc","tag-currencymarket","tag-economicdata","tag-economicforcast","tag-economicindicators","tag-eurozone","tag-financenews","tag-financialnews","tag-forex","tag-forexnews","tag-forextrading","tag-gbpusd","tag-globaleconomy","tag-interestrates","tag-markettrends","tag-marketupdate","tag-pmi","tag-trading","tag-usdata"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pfpkhv-33x","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/users\/244711593"}],"replies":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/comments?post=11751"}],"version-history":[{"count":5,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11751\/revisions"}],"predecessor-version":[{"id":28236,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11751\/revisions\/28236"}],"wp:attachment":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/media?parent=11751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/categories?post=11751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/tags?post=11751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}