Reuters

U.S. producer prices were unchanged in May as energy costs recorded their biggest decline in more than a year, suggesting a moderation in inflation after a rise at the start of the year.

Sterling recovered around a fifth of its losses since Thursday’s electoral shock on Tuesday, helped by high inflation numbers which underlined the dangers of the Bank of England tolerating a weakening currency in aid of stimulating the economy.

The dollar slipped against a basket of major currencies on Monday ahead of a spate of central bank meetings, starting with the U.S. Federal Open Market Committee on Wednesday.

The Bank of Canada will assess whether it needs to keep interest rates at near-record lows as the economy continues to grow.

The dollar was steady on Monday with no major U.S. data releases and ahead of Wednesday’s Federal Open Market Committee meeting.

Asian stocks fell on Monday, with electronics heavyweights such as Samsung Electronics knocked lower by a slide in U.S. tech shares and caution ahead of this week’s U.S. Federal Reserve policy meeting.

Here are a list of key dates faced by May in the coming week.

French voters head to the polls on Sunday for the first of two rounds of a parliamentary election expected to give new President Emmanuel Macron a solid majority that should allow him to carry out far-reaching reforms.

British Prime Minister Theresa May faces a slew of criticism after a failed election campaign left her short of a parliamentary majority.

The British pound fell to a 7-week low on Friday after a shock election result cast doubt on Britain’s talks to leave the European Union.