Economic Releases for Wednesday, 11th May 2011

Multiple Economic releases expected during both the European & US trading sessions today. Notable releases indlude the BoE's first Quarter Inflation Report; due at 0930 GMT; and the US Trade Balance. The latter is likely to prove particularly interesting, given figures released by China earlier in the week which emphasised another large gain in the Chinese Trade Surplus figure.

• French Current Account: 0645 GMT;
• UK Non-EU Trade Balance: 0830 GMT;
• UK Goods Trade Balance: 0830 GMT;
• BoE's Governor King Speech: 0930 GMT;
• Bank of England Quarterly Inflation Report: 0930 GMT;
• US MBA Mortgage Applications: 1100 GMT;
• US Trade Balance: 1230 GMT;
• Canadian International Merchandise Trade: 1230 GMT;
• US EIA Crude Oil Stock Change: 1430 GMT;
• US Monthly Budget Statement: 1800 GMT;
• New Zealand Business NZ PMI: 2230 GMT;
• Japanese Money Supply: 2350 GMT;
• Japanese Current Account: 2350 GMT;
• Japanese Trade Balance: 2350 GMT.