In a rather quite Monday, with the UK and US markets closed, no major financial releases are expected.
On Tuesday, we get Japan’s unemployment rate for April and the US CB consumer confidence for May.
On Wednesday, we get Japan’s Retail sales growth rate for April, Germany’s unemployment data for May, Eurozone’s final consumer confidence for May, Germany’s preliminary HICP rate for May, the US ADP employment for May, the US GDP growth rate for quarter 1 and BoC’s interest rate decision.
On Thursday, we get China’s Mfg PMI for May, Germany’s retail sales for April, Eurozone’s preliminary CPI rate for May and Canada’s GDP growth rate for quarter 1.
On Friday, we get the US employment report with its NFP figure for May and the US ISM Mfg PMI for May.
In a rather slow Monday, FOMC members Loretta Mester and James Bullard speak. Please be also advised that the OPEC monthly report is due out and could cause some volatility in the markets.
On Tuesday, China’s Industrial Output and Retail sales for April, Germany’s and Eurozone’s preliminary GDP for Q1, UK employment data for March, Germany’s ZEW economic sentiment for May and US Retail Sales data for April are due out.
On Wednesday, Japan’s preliminary GDP for Q1 and Eurozone’s final CPI rate for April are to be released.
On Thursday, Australia’s employment data for April could move the market and,
last but not least on Friday, Japan’s and Canada’s Inflation data for April are due out.
During today’s European session we get Norway’s and Sweden’s inflation data for April, and in the American session we get Canada’s Building Permits for March the US PPI rates for April as well as the EIA Crude Oil Inventories.
Please also bear in mind that Riksbank’s Executive Board will have a meeting today.