The speech listed from Federal Reserve Bank of New York President John Williams is a commencement address before the Hofstra University Graduate Commencement, in Hempstead, N.Y.
- 2120 GMT / 1720 US Eastern time
So far there hasn’t been anything crossing news wires on this. It seems an unlikely venue for a policy-related speech, so its not surprising.
Of note on the calendar otherwise is data from China. Consensus estimates are for
- retail sales to dip from March
- fixed-asset investment to remain steady
- industrial production also to dip (April purchasing managers’ index (PMI) data, along with trade data, point to a lower result for industrial output)
- This snapshot from the ForexLive economic data calendar, access it here.
- The times in the left-most column are GMT.
- The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com.