Key Economic Events: Week Of 10th May 2026
Release Date: 10th May 2026
What to Expect in Markets This Week: This week centers on U.S. inflation, producer prices, retail sales and jobless claims, alongside German inflation, UK GDP and manufacturing data, and Ascension Day holidays across parts of Europe. The next Fed Interest Rate Decision on 17 June 2026 remains the final forward-looking USD policy marker in this calendar sequence.
11 May 2026
USD - Existing Home Sales (Apr)
Date:
11-May-26, Mon, 19:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
3.98M
Notes:
Existing Home Sales tracks completed purchases of previously owned U.S. homes and is sensitive to mortgage rates, affordability and household confidence. A stronger reading can support USD sentiment through firmer growth expectations, while weakness may highlight the drag from restrictive rates.
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USDJPY EURUSD
12 May 2026
EUR - German CPI (MoM) (Apr)
Date:
12-May-26, Tue, 11:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
0.60%
Notes:
German CPI is a key early read on euro-area inflation pressure. A hotter monthly print can support the EUR by lifting ECB policy expectations, while a softer result can weigh on front-end yields and the currency.
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EURJPY EURUSD
USD - CPI (MoM) (Apr)
Date:
12-May-26, Tue, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.90%
Notes:
U.S. CPI is the week's central inflation release. The monthly headline reading will shape expectations for how quickly inflation is cooling and can move USD rates pricing sharply if it surprises.
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USDJPY EURUSD
USD - CPI (YoY) (Apr)
Date:
12-May-26, Tue, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
3.30%
Notes:
The year-over-year CPI rate frames the broader U.S. inflation trend. A sticky annual reading can keep Fed policy expectations firm, while a softer print may pressure the USD by reviving disinflation confidence.
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USDJPY EURUSD
USD - Core CPI (MoM) (Apr)
Date:
12-May-26, Tue, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.20%
Notes:
Core CPI strips out food and energy and is closely watched for underlying inflation momentum. Because it feeds directly into Fed reaction-function expectations, this release can be the highest-impact USD input of the week.
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USDJPY EURUSD
13 May 2026
SE - Sweden Ascension Day (Early Close 13:00)
Date:
13-May-26, Wed, All Day
Currency:
Holiday
Importance:
-
Forecast:
-
Previous:
-
Notes:
Ascension Day affects Swedish market hours, with an early close noted for this session. Reduced local participation can thin SEK liquidity and make regional price action more dependent on euro-area and global risk signals.
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Legacy
USD - PPI (MoM) (Apr)
Date:
13-May-26, Wed, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.50%
Notes:
U.S. PPI measures producer-level price pressure and can influence expectations for future consumer inflation. Stronger producer prices can support USD yields, while softer input inflation may reinforce disinflation narratives.
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USDJPY EURUSD
14 May 2026
FI - Finland Ascension Day
Date:
14-May-26, Thu, All Day
Currency:
Holiday
Importance:
-
Forecast:
-
Previous:
-
Notes:
Ascension Day is a Finnish public holiday. Local closures can reduce EUR liquidity from Nordic desks, leaving euro moves more exposed to broader euro-area data and USD direction.
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Legacy
NO - Norway Ascension Day
Date:
14-May-26, Thu, All Day
Currency:
Holiday
Importance:
-
Forecast:
-
Previous:
-
Notes:
Ascension Day is a Norwegian public holiday. Lighter local market participation can thin NOK liquidity, especially during European trading hours.
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Legacy
SE - Sweden Ascension Day
Date:
14-May-26, Thu, All Day
Currency:
Holiday
Importance:
-
Forecast:
-
Previous:
-
Notes:
Ascension Day affects Swedish market hours, with an early close noted for this session. Reduced local participation can thin SEK liquidity and make regional price action more dependent on euro-area and global risk signals.
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Legacy
CH - Switzerland Ascension Day
Date:
14-May-26, Thu, All Day
Currency:
Holiday
Importance:
-
Forecast:
-
Previous:
-
Notes:
Ascension Day is a Swiss public holiday. Reduced domestic participation can lower CHF liquidity and leave moves more sensitive to euro-area sentiment and global risk appetite.
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Legacy
GBP - GDP (YoY) (Q1)
Date:
14-May-26, Thu, 11:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
1.00%
Notes:
UK GDP year-over-year gives a broad view of economic growth momentum. A stronger release can support GBP by improving growth expectations, while weakness may increase attention on BoE easing risk.
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GBPJPY GBPUSD
GBP - Manufacturing Production (MoM) (Mar)
Date:
14-May-26, Thu, 11:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
-0.10%
Notes:
UK Manufacturing Production tracks monthly factory output and can reveal whether industrial activity is stabilizing. Upside surprises may support GBP, while contraction can weigh on growth-sensitive sentiment.
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GBPJPY GBPUSD
GBP - Monthly GDP 3M/3M Change (Mar)
Date:
14-May-26, Thu, 11:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
0.50%
Notes:
The UK three-month GDP change smooths monthly volatility and is useful for judging the trend in activity. A firm reading can support GBP, while a softer trend may increase concern about sluggish domestic demand.
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GBPJPY GBPUSD
GBP - GDP (MoM) (Mar)
Date:
14-May-26, Thu, 11:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
0.50%
Notes:
Monthly UK GDP is a timely snapshot of activity across services, production and construction. Markets will watch whether March confirms resilience or points to a softer handoff into the next quarter.
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GBPJPY GBPUSD
GBP - GDP (QoQ) (Q1)
Date:
14-May-26, Thu, 11:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
0.10%
Notes:
UK quarterly GDP is the headline measure of Q1 growth. A stronger print can lift GBP and gilt yields, while a weak reading may reinforce expectations for a more cautious growth outlook.
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GBPJPY GBPUSD
USD - Retail Sales (MoM) (Apr)
Date:
14-May-26, Thu, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
1.70%
Notes:
U.S. Retail Sales measures consumer spending momentum and is a major input for growth expectations. A strong print can support USD by signaling resilient demand, while weakness can weigh on yields and risk sentiment.
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USDJPY EURUSD
USD - Core Retail Sales (MoM) (Apr)
Date:
14-May-26, Thu, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
1.90%
Notes:
Core Retail Sales removes autos and is often used to judge cleaner consumer demand trends. A firm reading can support USD, especially if it suggests household spending remains resilient despite high rates.
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USDJPY EURUSD
USD - Initial Jobless Claims
Date:
14-May-26, Thu, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
Initial Jobless Claims is one of the timeliest U.S. labor-market indicators. Lower claims generally support the USD, while a higher reading can point to labor softening and lower rate expectations.
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USDJPY EURUSD
17 June 2026
USD - Fed Interest Rate Decision
Date:
17-Jun-26, Wed, 23:30 IST
Currency:
USD
Importance:
3
Forecast:
CME FedWatch Tool
Previous:
3.63%
Notes:
The Federal Reserve Interest Rate Decision remains the key medium-term USD catalyst. The 17 June 2026 meeting will reset expectations for policy guidance, the rate path and near-term risk sentiment. This appears as the next Fed decision in this calendar sequence.
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USDJPY EURUSD