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ShreeMetalPrices: Important Economic Triggers this week: UK PMI, US FOMC Minutes, US NEW HOME SALES, JAPAN PMI

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The main indices for Indian equities concluded the week of May 19 down, with some of them falling as much as 0.6%. Headlines On Friday, the Sensex increased 0.48%, or 297.94 points, and the Nifty50 increased 0.41% to 18,203.4 levels.

On Wednesday this week, the US FOMC’s meeting minutes from May are schedule for publication.

In the coming week. A number of members of the Federal Open Market Committee will give speeches. And in the UK, consumer price index print and several Purchasing Managers’ Index (PMI) numbers are all slated for release.

May 22

Bullard speaks as a FOMC member

Bostic speaks as a FOMC member

Services PMI for Japan

Thomas Barkin Member of the FOMC speech

May 23

US Building Permits

US New Home Sale for April: forecasts 633,000

US API Weekly Crude Oil Stock

UK Service PMI: forecasts 55.5

US Service PMI for May is expected to be 52.6

UK Composites PMI: forecasts 54.6

UK Manufacturers PMI: forecasts 48

May 24

Minutes of US FOMC Meeting

United States crude oil inventories are forecasted -0.92 Million

UK Consumer Price Index for April expected to be 8.3%.

Gov. Bailey of the BoE speech

SHREE METAL PRICES