Week Ahead


It will be a busy week. The US will publish the jobs report, the second estimate of GDP growth, personal income and spending, PCE prices and pending home sales. Elsewhere: China official PMIs, Japan unemployment, Euro Area inflation and unemployment, and GDP growth for India, Brazil and Canada will also be in the spotlight.

In the US, important releases include the jobs report, the second estimate of GDP growth, CB consumer confidence, personal income and spending, PCE prices, pending home sales, Chicago PMI, Dallas Fed Manufacturing Index, Challenger job cuts, Case-Shiller house prices; the preliminary figures for wholesale inventories and goods trade balance; and total vehicle sales. Markets will be closed on Monday for the Memorial Day holiday.
 
China will publish the official manufacturing and non-manufacturing PMIs. The Caixin manufacturing PMI will also be released. In Japan, the unemployment rate, industrial production, retail sales and capital spending for Q1 are due. Australia building permits, private capital expenditure and manufacturing PMI will also be in the spotlight.
 
In Europe, the Bank of England will release its credit and mortgage indicators; other figures include the manufacturing PMI, Gfk consumer confidence and Nationwide house prices. Elsewhere in Europe: Euro Area business and consumer confidence indicators, inflation and unemployment; Germany unemployment and inflation; France second estimate for GDP growth, inflation and consumer confidence; Italy final GDP growth, inflation and confidence indicators; manufacturing PMIS for Spain and Italy and final manufacturing PMI figures for the Euro Area, Germany and France; Switzerland and Sweden GDP growth.
 
Other important releases include: India GDP growth figures for Q1, infrastructure output and manufacturing PMI; Brazil GDP growth for Q1 and unemployment; Canada GDP growth for Q1 and interest rate decision.



Joana Taborda | joana.taborda@tradingeconomics.com
5/26/2018 10:41:13 AM



 


Monday May 28 2018 Actual Previous Consensus
10:00 AM
FR
Unemployment Benefit Claims APR 12.4K -1.1K
09:00 PM
KR
Consumer Confidence MAY 108 107
11:30 PM
JP
Unemployment Rate APR 2.5% 2.5%
Tuesday May 29 2018 Actual Previous Consensus
04:40 AM
US
Fed Bullard Speech
06:00 AM
CH
Balance of Trade APR CHF2.80B CHF2.25B ®
08:00 AM
FR
Consumer Confidence MAY 100 100 ®
08:00 AM
IT
Business Confidence MAY 107.7 107.7
08:00 AM
IT
Consumer Confidence MAY 113.7 116.9 ®
10:30 AM
EA
ECB Mersch Speech
12:00 PM
BR
Unemployment Rate APR 12.9% 13.1%
01:00 PM
US
S&P/Case-Shiller Home Price YoY MAR 6.8% 6.8%
01:00 PM
US
S&P/Case-Shiller Home Price MoM MAR 1% 0.7%
02:00 PM
BR
Consumer Confidence MAY 102.2 102.2
02:00 PM
US
CB Consumer Confidence MAY 128.0 125.6 ®
02:30 PM
US
Dallas Fed Manufacturing Index MAY 26.8 21.8
04:30 PM
EA
ECB Lautenschläger Speech
11:50 PM
JP
Retail Sales YoY APR 1.6% 1%
Wednesday May 30 2018 Actual Previous Consensus
12:00 AM
JP
BoJ Kuroda Speech
01:30 AM
AU
Building Permits MoM APR -5% 3.5% ®
04:30 AM
NL
Business Confidence MAY 9.8 8.2
05:00 AM
JP
Consumer Confidence MAY 43.8 43.6
06:00 AM
DE
Unemployment Rate Harmonised APR 3.4% 3.5% ®
06:00 AM
DE
Retail Sales MoM APR 2.3% -0.4% ®
06:00 AM
DE
Retail Sales YoY APR 1.2% 1.7% ®
06:45 AM
FR
GDP Growth Rate QoQ 2nd Est Q1 0.2% 0.7%
07:00 AM
ES
Inflation Rate YoY Prel MAY 2% 1.1%
07:00 AM
CH
KOF Leading Indicators MAY 100.0 103.3 ®
07:30 AM
ID
Interest Rate Decision 4.75% 4.5%
07:30 AM
SE
GDP Growth Rate YoY Q1 3.3% 2.9% ®
07:30 AM
SE
GDP Growth Rate QoQ Q1 0.7% 0.7% ®
07:55 AM
DE
Unemployment Change MAY -11K -8K ®
07:55 AM
DE
Unemployment Rate MAY 5.2% 5.3%
08:00 AM
PL
GDP Growth Rate YoY Final Q1 5.2% 4.9%
08:00 AM
PL
GDP Growth Rate QoQ Final Q1 1.6% 1%
08:00 AM
PL
Inflation Rate YoY Flash MAY 1.7% 1.6%
09:00 AM
HR
GDP Growth Rate YoY Prel Q1 2.5% 2.2% ®
09:00 AM
EA
Industrial Sentiment MAY 6.8 7.3 ®
09:00 AM
EA
Services Sentiment MAY 14.3 14.7
09:00 AM
EA
Economic Sentiment MAY 112.5 112.7
09:00 AM
EA
Business Confidence MAY 1.45 1.39 ®
10:00 AM
ES
Business Confidence MAY 2.1 5.5
12:00 PM
BR
GDP Growth Rate YoY Q1 1.2% 2.1%
12:00 PM
BR
GDP Growth Rate QoQ Q1 0.4% 0.2% ®
12:00 PM
DE
Inflation Rate YoY Prel MAY 2.2% 1.6%
12:15 PM
US
ADP Employment Change MAY 178K 163K ®
12:30 PM
CA
Current Account Q1 C$-19.5B C$-16.5B ®
12:30 PM
US
Wholesale Inventories MoM Adv APR 0.0% 0.2% ®
12:30 PM
US
GDP Growth Rate QoQ 2nd Est Q1 2.2% 2.9%
12:30 PM
US
Corporate Profits QoQ Prel Q1 5.9% 1.7%
12:30 PM
US
GDP Price Index QoQ 2nd Est Q1 1.9% 2.3%
12:30 PM
US
PCE Prices QoQ 2 Est Q1 2.6% 2.7%
12:30 PM
US
Core PCE Prices QoQ 2 Est Q1 2.3% 2.5%
02:00 PM
CA
BoC Monetary Policy Report
02:00 PM
CA
BoC Interest Rate Decision 1.25% 1.25%
02:45 PM
CH
SNB Chair Jordan Speech
05:30 PM
MX
Banxico Inflation Report
08:30 PM
US
API Crude Oil Stock Change 25/MAY 1.001M -1.3M
09:00 PM
KR
Business Confidence MAY 76 77
11:01 PM
GB
Gfk Consumer Confidence MAY -7 -9
11:50 PM
JP
Industrial Production YoY Prel APR 2.5% 2.4% ®
11:50 PM
JP
Industrial Production MoM Prel APR 0.3% 1.4% ®
Thursday May 31 2018 Actual Previous Consensus
01:00 AM
CN
Non Manufacturing PMI MAY 54.9 54.8
01:00 AM
CN
NBS Manufacturing PMI MAY 51.9 51.4
01:30 AM
AU
Private Capital Expenditure QoQ Q1 0.4% 0.2% ®
01:30 AM
AU
Private Sector Credit YoY APR 5.1% 5.1%
01:30 AM
AU
Private Sector Credit MoM APR 0.4% 0.5%
05:00 AM
JP
Housing Starts YoY APR 0.3% -8.3%
05:45 AM
CH
GDP Growth Rate YoY Q1 2.2% 1.9%
05:45 AM
CH
GDP Growth Rate QoQ Q1 0.6% 0.6%
06:00 AM
DK
GDP Growth Rate YoY Prel Q1 -0.6% 1.3%
06:00 AM
DK
GDP Growth Rate QoQ Prel Q1 0.4% 0.9%
06:00 AM
GB
Nationwide Housing Prices YoY MAY 2.4% 2.6%
06:00 AM
GB
Nationwide Housing Prices MoM MAY -0.2% 0.2%
06:45 AM
FR
Inflation Rate YoY Prel MAY 2.0% 1.6%
07:00 AM
ES
GDP Growth Rate YoY Final Q1 3% 3.1%
07:00 AM
ES
GDP Growth Rate QoQ Final Q1 0.7% 0.7%
07:00 AM
CH
SNB Zurbrugg Speech
07:10 AM
TR
Balance of Trade APR $-6.69B $-5.86B