Week Ahead

It will be a busy week in the US with labour report taking the central stage followed by ISM Manufacturing and Services PMI. Also, investors will be closely watching Q1 GDP growth releases for Switzerland, Canada, Australia, Brazil, India and inflation rates for several European countries including Germany and France. Also, speeches by several Fed officials and Bank of Canada interest rate decision should provide some update on monetary policy setting.
Anna | anna@tradingeconomics.com 5/28/2022 5:28:50 PM
In the US, all eyes will be on the jobs report, with the US economy seen adding a strong 310K payrolls for May while the unemployment rate probably stayed at 3.6% for a 3rd month, remaining at  the lowest since February of 2020. Wages are seen rising 0.4%, slightly higher than 0.3% in April but the annual rate is expected to have fallen to 5.2% from 5.5%, confirming a slowdown in inflationary pressures. On the monetary policy front, several Fed offcials will speek. Other important releases include the ISM Manufacturing and Services PMI, final S&P Global PMIs, Chicago PMI, Dallas Fed Manufacturing Index, JOLTS job openings, ADP employment, Challenger job cuts, factory orders, the S&P/Case-Shiller and FHFA house price index, and the Conference Board consumer confidence. Meanwhile, the earnings season continues with Salesforce, Kirkland's, Ambarella, HP, and GameStop due to report quarterly results. 97% of S&P 500 companies have reported actual results so far, of which 77% showed a positive EPS surprise and 73% a revenue beat, according to Factset. Markets will be closed on Monday for the Memorial Day holiday.

Elsewhere in America, the Bank of Canada is expected to raise the key rate by 50bps, a third consecutive hike in borrowing costs. In the spotlight will also be: Q1 GDP growth figures for Canada and Brazil, unemployment rates for Mexico and Brazil and S&P Global Manufacturing PMIs for Canada, Brazil and Mexico.

In the United Kingdom, final PMI estimates are likely to confirm a sharp slowdown in business activity growth during May amid escalating inflationary pressures and heightened geopolitical uncertainty. Other data to follow include Nationwide housing prices, BRC retail sales monitor and the Bank of England’s monetary indicators.

Elsewhere in Europe, key inflation reports will be released for the Eurozone, including those for Germany, France, Italy and Spain. The annual inflation rate in the Euro Area is expected to surge again in May, reaching a new all-time high of 7.7% compared to 7.4% in April. Also, jobless data will come out of the Euro Area, as well as in Germany, Spain and Italy, while first-quarter GDP updates are due for France, Italy, Switzerland and Turkey. Investors will also keep an eye on the Euro Area business survey, retail sales and producer prices; Germany balance of trade, retail sales and import prices; Switzerland KOF economic barometer, consumer prices and domestic and external trade; and Turkey consumer and producer prices. Also, the Eurozone, Germany and France will publish their final estimates of S&P Global PMIs while many other countries like Spain and Italy will release flash readings.

In Australia, first-quarter GDP growth is seen slowing significantly to 0.7% after a strong 3.4% expansion in Q4 2021, when the economy rebounded from the delta-induced downturn. Also, investors will be following foreign trade data and retail sales. 

In Asia, the week will be busy with manufacturing PMI releases, with China taking the spotlight, where goods producers are expected to report another month of contraction due to ongoing stringent lockdown in Shanghai and stringent restrictions in other cities. Also, key PMI readings will come from South Korea and India. Lastly, Indonesia and South Korea will publish inflation data for May, which are likely to reflect mounting global inflationary pressures.





 


Monday May 30 2022 Actual Previous Consensus Forecast
07:00 AM
ES
Inflation Rate MoM Prel MAY 0.8% -0.2% 0.7%
07:00 AM
CH
KOF Leading Indicators MAY 96.8 103 ® 102.3 103
09:00 AM
EA
Economic Sentiment MAY 105 104.9 ® 104.9 104.7
11:00 AM
ES
Business Confidence MAY 1.5 -0.6 -1.2
12:00 PM
DE
Inflation Rate YoY Prel MAY 7.9% 7.4% 7.6% 7.7%
12:00 PM
DE
Inflation Rate MoM Prel MAY 0.9% 0.8% 0.5% 0.4%
12:30 PM
CA
Current Account Q1 C$5.03B C$-0.14B ® C$3.2B C$1.3B
03:00 PM
US
Fed Waller Speech
11:30 PM
JP
Unemployment Rate APR 2.5% 2.6% 2.6% 2.6%
11:50 PM
JP
Retail Sales YoY APR 2.9% 0.7% ® 2.6% 2%
11:50 PM
JP
Industrial Production MoM Prel APR -1.3% 0.3% -0.2% -0.1%
EU
European Council Meeting
BR
BCB Focus Market Readout
Tuesday May 31 2022 Actual Previous Consensus Forecast
01:30 AM
AU
Building Permits MoM Prel APR -2.4% -19.2% ® 2% 1.5%
01:30 AM
AU
Company Gross Profits QoQ Q1 10.2% 4.6% ® 4% 3%
01:30 AM
CN
NBS Manufacturing PMI MAY 49.6 47.4 48.9
01:30 AM
CN
NBS Non Manufacturing PMI MAY 47.8 41.9 45
05:00 AM
JP
Consumer Confidence MAY 34.1 33.0 33.5
05:00 AM
JP
Housing Starts YoY APR 2.2% 6% 3% 2.8%
06:00 AM
CH
Balance of Trade APR CHF3.8B CHF1.8B CHF2.2B
06:30 AM
CH
Retail Sales YoY APR -6% -6.6% -5.8%
06:45 AM
FR
Inflation Rate YoY Prel MAY 5.2% 4.8% 5% 4.9%
06:45 AM
FR
GDP Growth Rate YoY Final Q1 4.5% 4.9% ® 5.3%
06:45 AM
FR
GDP Growth Rate QoQ Final Q1 -0.2% 0.4% ® 0% 0.0%
06:45 AM
FR
Inflation Rate MoM Prel MAY 0.6% 0.4% 0.5%
07:00 AM
CH
GDP Growth Rate YoY Q1 4.4% 3.6% ® 4.3% 4.3%
07:00 AM
CH
GDP Growth Rate QoQ Q1 0.5% 0.2% ® 0.3% 0.3%
07:00 AM
TR
GDP Growth Rate YoY Q1 7.3% 9.1% 7.1% 7.2%
07:00 AM
TR
Balance of Trade APR $-6.11B $-8.17B $-8.6B
07:00 AM
TR
GDP Growth Rate QoQ Q1 1.2% 1.5% 1%
07:55 AM
DE
Unemployed Persons MAY 2.285M 2.287M 2.278M
07:55 AM
DE
Unemployment Change MAY -4K -13K -16K -15K
07:55 AM
DE
Unemployment Rate MAY 5% 5% 5% 5%
08:00 AM
IT
GDP Growth Rate YoY Final Q1 6.2% 6.4% ® 5.8% 5.8%
08:00 AM
IT
GDP Growth Rate QoQ Final Q1 0.1% 0.7% ® -0.2% -0.2%
08:00 AM
PL
GDP Growth Rate YoY Final Q1 8.5% 7.6% 8.5%
08:00 AM
PL
GDP Growth Rate QoQ Final Q1 2.5% 1.8% 2.4%
08:00 AM
PL
Inflation Rate YoY Prel MAY 13.9% 12.4% 12.6%
08:00 AM
PL
Inflation Rate MoM Prel MAY 1.7% 2% 0.4%
08:30 AM
GB
BoE Consumer Credit APR £1.399B £1.288B ® £1.2B £1.42B
08:30 AM
GB
Mortgage Lending APR £4.121B £6.441B ® £7.2B
08:30 AM
GB
Mortgage Approvals APR 65.974K 69.531K ® 69K 69.5K
09:00 AM
EA
Inflation Rate YoY Flash MAY 8.1% 7.4% 7.7% 7.6%
09:00 AM
EA
Inflation Rate MoM Flash MAY 0.8% 0.6% 0.1%
09:00 AM
EA
Core Inflation Rate YoY Flash MAY 3.8% 3.5% 3.5% 3.4%
09:00 AM
IT
Inflation Rate YoY Prel MAY 6.9% 6% 6.2% 6.3%
09:00 AM
IT
Inflation Rate MoM Prel MAY 0.9% -0.1% 0.4%
09:10 AM
IT
10-Year BTP Auction 3.10% 2.78%
09:30 AM
ZA
Unemployment Rate Q1 34.5% 35.3% 35.7%
11:00 AM
MX
Unemployment Rate APR 3% 3% 3.5%
12:00 PM
BR
Unemployment Rate APR 10.5% 11.1% 11% 11.3%
12:00 PM
IN
GDP Growth Rate YoY Q1 4.1% 5.4% 4% 4.2%
12:00 PM
IN
Fiscal Year GDP Growth 3rd Est 2021-22 8.7% -6.6% 8.2%
12:00 PM
ZA
Balance of Trade APR ZAR15.49B ZAR47.20B ® ZAR38B
12:30 PM
CA
GDP Growth Rate Annualized Q1 3.1% 6.6% ® 5.4% 5.6%
12:30 PM
CA
GDP Growth Rate QoQ Q1 0.8% 1.6% 1.4%
12:30 PM
CA
GDP MoM Prel APR 0.2% 0.7% ® 0.3%
12:30 PM
CA
GDP MoM MAR 0.7% 0.9% ® 0.5% 0.5%
01:00 PM
US
S&P/Case-Shiller Home Price YoY MAR 21.2% 20.3% ® 20% 20.5%
01:45 PM
US
Chicago PMI MAY 60.3 56.4 ® 55 57
02:00 PM
US
CB Consumer Confidence MAY 106.4 108.6 ® 103.9 104
02:30 PM
US
Dallas Fed Manufacturing Index MAY -7.3 1.1 0.3
10:30 PM
AU
Ai Group Manufacturing Index MAY 52.4 58.5 56
11:00 PM
AU
S&P Global Manufacturing PMI Final MAY 55.7 58.8 55.3
RU
CBR Financial Stability Review
EU
European Council Meeting
Wednesday June 01 2022 Actual Previous Consensus Forecast
12:00 AM
KR
Exports YoY MAY 21.3% 12.9% ® 19.3%
12:30 AM
JP
Jibun Bank Manufacturing PMI Final MAY 53.3 53.5 53.2 53.2
01:30 AM
AU
GDP Growth Rate YoY Q1 3.3% 4.4% ® 2.9% 2.7%
01:30 AM
AU
GDP Growth Rate QoQ Q1 0.8% 3.6% ® 0.5% 0.6%
01:45 AM
CN
Caixin Manufacturing PMI MAY 48.1 46.0 48 48
05:00 AM
IN
S&P Global Manufacturing PMI MAY 54.6 54.7 54.2 54.1
06:00 AM
DE
Retail Sales MoM APR -5.4% 0.9% ® -0.2% -0.3%
06:00 AM
DE
Retail Sales YoY APR -0.4% -1.7% ® 4% 2.5%
06:00 AM
RU
S&P Global Manufacturing PMI MAY 50.8 48.2 44.2
06:00 AM
GB
Nationwide Housing Prices YoY MAY 11.2% 12.1% 10.5% 10.9%
06:00 AM
GB
Nationwide Housing Prices MoM MAY 0.9% 0.3% 0.6% 0.6%
07:15 AM
ES
S&P Global Manufacturing PMI MAY 53.8 53.3 52 52.7
07:30 AM
CH
procure.ch Manufacturing PMI MAY 60 62.5 61 61.5
07:45 AM
IT
S&P Global Manufacturing PMI MAY 51.9 54.5 53.5 53.8
07:50 AM
FR
S&P Global Manufacturing PMI Final MAY 54.6 55.7 54.5 54.7
07:55 AM
DE
S&P Global Manufacturing PMI Final MAY 54.8 54.6 54.7 54.7
08:00 AM
EA
S&P Global Manufacturing PMI Final MAY 54.6 55.5 54.4 54.4
08:00 AM
IT
Unemployment Rate APR 8.4% 8.4% ® 8.3% 8.1%
08:30 AM
GB
S&P Global/CIPS Manufacturing PMI Final MAY 54.6 55.8 54.6 54.6
09:00 AM
EA
Unemployment Rate APR 6.8% 6.8% 6.8% 6.8%
11:00 AM
EA
ECB President Lagarde Speech
11:00 AM
MX
Business Confidence MAY 52.3 52.2 ® 53
01:30 PM
CA
S&P Global Manufacturing PMI MAY 56.8 56.2 55
01:45 PM
US
S&P Global Manufacturing PMI Final MAY 57 59.2 57.5 57.5
02:00 PM
CA
BoC Interest Rate Decision 1.5% 1% 1.5% 1.5%
02:00 PM
US
ISM Manufacturing PMI MAY 56.1 55.4 54.5 54.8
02:00 PM
US
JOLTs Job Openings APR 11.4M 11.855M ® 11.4M 11.4M
03:30 PM
US
Fed Williams Speech
04:00 PM
RU
Unemployment Rate APR 4% 4.1% 4.3% 4.3%
05:00 PM
US
Fed Bullard Speech
08:30 PM
US
API Crude Oil Stock Change 27/MAY -1.181M 0.567M -0.067M
Thursday June 02 2022 Actual Previous Consensus Forecast
12:30 AM
KR
S&P Global Manufacturing PMI MAY 51.8 52.1 51.9
01:30 AM
AU
Balance of Trade APR A$10.495B A$9.738B ® A$9.3B A$8.9B
01:30 AM
AU
Retail Sales MoM Final APR 0.9% 1.6% 0.9% 0.9%
04:00 AM
ID
Inflation Rate YoY MAY 3.55% 3.47% 3.6% 3.6%
06:30 AM
CH
Inflation Rate YoY MAY 2.9% 2.5% 2.6% 2.6%
07:00 AM
ES
Unemployment Change MAY -99.5K -86.3K -14K
11:00 AM
MX
Consumer Confidence MAY 44.2 44.2 ® 44
11:00 AM
TR
MPC Meeting Summary
12:00 PM
BR
GDP Growth Rate YoY Q1 1.7% 1.6% 1.8% 1.5%
12:00 PM
BR
GDP Growth Rate QoQ Q1 1% 0.7% ® 1.2% 0.8%
12:15 PM
US
ADP Employment Change MAY 128K 202K ® 300K 205K
12:30 PM
US
Unit Labour Costs QoQ Final Q1 12.6% 3.9% ® 11.6% 11.6%
12:30 PM
US
Nonfarm Productivity QoQ Final Q1 -7.3% 6.3% -7.5% -7.5%
12:30 PM
US
Initial Jobless Claims 28/MAY 200K 211K ® 210K 214K
02:00 PM
US
Factory Orders MoM APR 0.3% 1.8% ® 0.7% 1.3%
02:30 PM
IN
Balance of Trade Prel MAY $-23.33B $-20.11B $-19B
03:00 PM
CA
BoC Gov Beaudry Speech
03:00 PM
US
EIA Gasoline Stocks Change 27/MAY -0.711M -0.482M 0.533M
03:00 PM
US
EIA Crude Oil Stocks Change 27/MAY -5.068M -1.019M -1.35M
04:00 PM
US
Fed Logan Speech
05:00 PM
US
Fed Mester Speech
11:00 PM
AU
S&P Global Services PMI Final MAY 53.2 56.1 53
11:00 PM
KR
Inflation Rate YoY MAY 5.4% 4.8% 5.1% 5.3%
Friday June 03 2022 Actual Previous Consensus Forecast
12:30 AM
JP
Jibun Bank Services PMI Final MAY 52.6 50.7 51.7 51.7
01:30 AM
AU
Home Loans MoM APR -7.3% 0.9% -1% 0.2%
06:00 AM
DE
Balance of Trade APR €1.3B €7.5B ® €7.3B
06:45 AM
FR
Industrial Production MoM APR -0.1% -0.4% ® 0.3% 0.4%
07:00 AM
TR
Inflation Rate YoY MAY 73.5% 69.97% 76.55% 74%
07:00 AM
TR
Inflation Rate MoM MAY 2.98% 7.25% 4.8% 4.5%
07:15 AM
ES
S&P Global Services PMI MAY 56.5 57.1 56 56.5
07:45 AM
IT
S&P Global Services PMI MAY 53.7 55.7 54.5 54.8
07:50 AM
FR
S&P Global Services PMI Final MAY 58.3 58.9 58.4 58.5
07:55 AM
DE
S&P Global Services PMI Final MAY 55 57.6 56.3 56.3
08:00 AM
EA
S&P Global Services PMI Final MAY 56.1 57.7 56.3 56.3
09:00 AM
EA
Retail Sales MoM APR -1.3% 0.3% ® 0.3% 0.2%
09:00 AM
EA
Retail Sales YoY APR 3.9% 1.6% ® 5.4% 3.2%
12:00 PM
BR
Industrial Production MoM APR 0.1% 0.6% ® 0.1% 0.1%
12:30 PM
US
Non Farm Payrolls MAY 390K 436K ® 325K 320K
12:30 PM
US
Unemployment Rate MAY 3.6% 3.6% 3.5% 3.5%
12:30 PM
US
Participation Rate MAY 62.3% 62.2% 62.3%
12:30 PM
US
Average Hourly Earnings MoM MAY 0.3% 0.3% 0.4% 0.3%
12:30 PM
US
Average Hourly Earnings YoY MAY 5.2% 5.5% 5.2% 5.5%
01:00 PM
BR
S&P Global Services PMI MAY 58.6 60.6 60
01:45 PM
US
S&P Global Composite PMI Final MAY 53.6 56 53.8 53.8
01:45 PM
US
S&P Global Services PMI Final MAY 53.4 55.6 53.5 53.5
02:00 PM
US
ISM Non-Manufacturing PMI MAY 55.9 57.1 56.4 55
02:30 PM
US
Fed Brainard Speech
Monday June 06 2022 Actual Previous Consensus Forecast
01:45 AM
CN
Caixin Services PMI MAY 41.4 36.2 43
10:30 PM
AU
Ai Group Services Index MAY 49.2 57.8 57
11:01 PM
GB
BRC Retail Sales Monitor YoY MAY -1.5% -1.7% -1%
BR
BCB Focus Market Readout
Tuesday June 07 2022 Actual Previous Consensus Forecast
01:00 AM
PH
Inflation Rate YoY MAY 5.4% 4.9% 5.4% 5.2%
01:30 AM
AU
Building Permits MoM Final APR -2.4% -19.2% -2.4% -2.4%
04:30 AM
AU
RBA Interest Rate Decision 0.85% 0.35% 0.6% 0.6%
06:00 AM
DE
Factory Orders MoM APR -2.7% -4.2% ® 0.3% 1.5%
07:30 AM
DE
S&P Global Construction PMI MAY 45.4 46 47.2
08:30 AM
GB
S&P Global/CIPS UK Services PMI Final MAY 53.4 58.9 51.8 51.8
09:30 AM
ZA
GDP Growth Rate YoY Q1 3% 1.7% 1.7% 1.5%
09:30 AM
ZA
GDP Growth Rate QoQ Q1 1.9% 1.4% ® 1.2% 1%
12:30 PM
CA
Balance of Trade APR C$1.5B C$2.28B ® C$2.9B C$2.8B
12:30 PM
US
Balance of Trade APR $-87.1B $-107.7B ® $-89.5B $-91B
12:30 PM
US
Exports APR $252.6B $244.1B ® $245B
12:30 PM
US
Imports APR $339.7B $351.8B ® $336B
02:00 PM
CA
Ivey PMI s.a MAY 72 66.3 64
08:30 PM
US
API Crude Oil Stock Change 03/JUN 1.845M -1.181M -1.800M
11:00 PM
KR
GDP Growth Rate QoQ Final Q1 0.6% 1.2% 0.7% 0.7%
11:50 PM
JP
Current Account APR ¥501.1B ¥2549.3B ¥511B ¥700B
11:50 PM
JP
GDP Growth Annualized Final Q1 -0.5% 4.0% ® -1% -1%
11:50 PM
JP
GDP Growth Rate QoQ Final Q1 -0.1% 1.0% ® -0.3% -0.2%
Wednesday June 08 2022 Actual Previous Consensus Forecast
04:30 AM
IN
RBI Interest Rate Decision 4.9% 4.4% 4.8% 4.8%
05:45 AM
CH
Unemployment Rate MAY 2.1% 2.3% 2.1% 2.3%
06:00 AM
DE
Industrial Production MoM APR 0.7% -3.7% ® 1% 1.3%
06:00 AM
GB
Halifax House Price Index MoM MAY 1% 1.2% ® 0.6%
06:00 AM
GB
Halifax House Price Index YoY MAY 10.5% 10.8% 10%
06:45 AM
FR
Balance of Trade APR €-12.16B €-12.65B ® €-12.2B € -11.6B
08:00 AM
IT
Retail Sales MoM APR 0% -0.6% ® 0.3%
08:30 AM
GB
S&P Global/CIPS Construction PMI MAY 56.4 58.2 56.6 57.6
09:00 AM
EA
GDP Growth Rate YoY 3rd Est Q1 5.4% 4.7% 5.1% 5.1%
09:00 AM
EA
GDP Growth Rate QoQ 3rd Est Q1 0.6% 0.2% ® 0.3% 0.3%
09:00 AM
GB
10-Year Treasury Gilt Auction 2.296% 1.925%
09:30 AM
DE
10-Year Bund Auction 1.33% 0.96%
10:00 AM
ZA
Business Confidence Q2 42 46 32
02:00 PM
US
Wholesale Inventories MoM APR 2.2% 2.7% 2.1% 2.1%
02:30 PM
US
EIA Crude Oil Stocks Change 03/JUN 2.025M -5.068M -1.917M
02:30 PM
US
EIA Gasoline Stocks Change 03/JUN -0.812M -0.711M 1.075M
04:00 PM
RU
Inflation Rate YoY MAY 17.1% 17.8% 17.3% 17.6%
04:00 PM
RU
Inflation Rate MoM MAY 0.1% 1.6% 0.3% 0.5%
11:01 PM
GB
RICS House Price Balance MAY 73% 80% 81.2%
Thursday June 09 2022 Actual Previous Consensus Forecast
03:00 AM
CN
Balance of Trade MAY $78.76B $51.12B $58B $50B
03:00 AM
CN
Exports YoY MAY 16.9% 3.9% 8% 6.5%
03:00 AM
CN
Imports YoY MAY 4.1% 0.01% ® 2% 1.8%
04:00 AM
MY
Unemployment Rate APR 3.9% 4.1% 4.1%
04:30 AM
NL
Inflation Rate YoY MAY 8.8% 9.6% 8.8%
11:00 AM
MX
Inflation Rate YoY MAY 7.65% 7.68% 7.62% 7.82%
11:00 AM
MX
Inflation Rate MoM MAY 0.18% 0.54% 0.15% 0.33%
11:45 AM
EA
ECB Interest Rate Decision 0% 0% 0% 0%
11:45 AM
EA
Deposit Facility Rate -0.5% -0.5% -0.5% -0.5%
12:00 PM
BR
Inflation Rate YoY MAY 11.73% 12.13% 11.84% 11.80%
12:00 PM
BR
Inflation Rate MoM MAY 0.47% 1.06% 0.6% 0.53%
12:30 PM
EA
ECB Press Conference
12:30 PM
US
Initial Jobless Claims 04/JUN 229K 202K ® 210K 205K
01:30 PM
EA
ECB Macroeconomic Projections
03:00 PM
CA
BoC Gov Macklem Speech
03:00 PM
CA
BoC Gov Rogers Speech
Friday June 10 2022 Actual Previous Consensus Forecast
01:00 AM
AU
HIA New Home Sales MoM MAY -5.5% -1.2% -1.1%
01:00 AM
PH
Unemployment Rate APR 5.7% 5.8% 5.8%
01:30 AM
CN
Inflation Rate YoY MAY 2.1% 2.1% 2.2% 2%
01:30 AM
CN
Inflation Rate MoM MAY -0.2% 0.4% -0.3% 0.5%
01:30 AM
CN
PPI YoY MAY 6.4% 8% 6.4% 7.9%
06:30 AM
DE
Bundesbank Semi-Annual Forecast
07:00 AM
ES
Inflation Rate MoM Final MAY 0.8% -0.2% 0.8% 0.8%
07:00 AM
TR
Unemployment Rate APR 11.3% 11.2% ® 11.7%
08:00 AM
IT
Industrial Production MoM APR 1.6% 0.2% ® -1.1% -0.9%
10:30 AM
RU
Interest Rate Decision 9.5% 11% 10% 9%
12:00 PM
BR
Retail Sales MoM APR 0.9% 1.4% ® 0.4% 0.1%
12:00 PM
IN
Manufacturing Production YoY APR 6.3% 1.4% ® 0.7%
12:00 PM
IN
Industrial Production YoY APR 7.1% 2.2% ® 5.1% 0.9%
12:00 PM
RU
CBR Press Conference
12:30 PM
CA
Unemployment Rate MAY 5.1% 5.2% 5.2% 5.2%
12:30 PM
CA
Employment Change MAY 39.8K 15.3K 30K 11K
12:30 PM
CA
Full Time Employment Chg MAY 135.4K -31.6K 18K
12:30 PM
CA
Participation Rate MAY 65.3% 65.3% 65.2%
12:30 PM
CA
Part Time Employment Chg MAY -95.8K 47.1K -7K
12:30 PM
US
Core Inflation Rate YoY MAY 6% 6.2% 5.9% 6%
12:30 PM
US
Inflation Rate YoY MAY 8.6% 8.3% 8.3% 8.3%
12:30 PM
US
Inflation Rate MoM MAY 1% 0.3% 0.7% 0.6%
12:30 PM
US
Core Inflation Rate MoM MAY 0.6% 0.6% 0.5% 0.8%
01:45 PM
EA
ECB President Lagarde Speech
02:00 PM
US
Michigan Consumer Sentiment Prel JUN 50.2 58.4 58 59
06:00 PM
US
Monthly Budget Statement MAY $-66B $308B $-120B $-143B
Monday June 13 2022 Actual Previous Consensus Forecast
06:00 AM
GB
GDP MoM APR -0.3% -0.1% 0.1% 0%
06:00 AM
GB
Manufacturing Production YoY APR 0.5% 1.9% 1.8% 1.1%
06:00 AM
GB
GDP 3-Month Avg APR 0.2% 0.8% 0.4% 0.2%
06:00 AM
GB
Balance of Trade APR £-8.503B £-11.552B £-11.8B
06:00 AM
GB
Construction Output YoY APR 3.9% 4.7% 3.8% 2%
06:00 AM
GB
Industrial Production YoY APR 0.7% 0.7% 1.7% 1.2%
06:00 AM
GB
Goods Trade Balance APR £-20.893B £-23.897B £-22.5B £-24.2B
06:00 AM
GB
Goods Trade Balance Non-EU APR £-10.988B £-13.804B ® £-14.1B
07:00 AM
TR
Industrial Production YoY APR 10.8% 9.8% ® 7.95% 6.5%
11:00 AM
ES
Consumer Confidence MAY 76.0 74.6 55.8
12:00 PM
IN
Inflation Rate YoY MAY 7.04% 7.79% 7.1% 7.3%
06:00 PM
BR
Balance of Trade MAY $4.9B $8.15B $4.566B $4.4B
06:00 PM
US
Fed Brainard Speech
BR
BCB Focus Market Readout
Tuesday June 14 2022 Actual Previous Consensus Forecast
01:30 AM
AU
NAB Business Confidence MAY 6 10 12
04:00 AM
CN
FDI (YTD) YoY MAY 17.3% 20.5% 17%
04:30 AM
JP
Industrial Production MoM Final APR -1.5% 0.3% -1.3% -1.3%
06:00 AM
DE
Wholesale Prices MoM MAY 1% 2.1% 1.3%
06:00 AM
DE
Wholesale Prices YoY MAY 22.9% 23.8% 23.3%
06:00 AM
DE
Inflation Rate YoY Final MAY 7.9% 7.4% 7.9% 7.9%
06:00 AM
DE
Inflation Rate MoM Final MAY 0.9% 0.8% 0.9%
06:00 AM
GB
Claimant Count Change MAY -19.7K -65.5K ® -49.4K -29K
06:00 AM
GB
Unemployment Rate APR 3.8% 3.7% 3.6% 3.7%
06:00 AM
GB
Average Earnings incl. Bonus APR 6.8% 7% 7.6% 7.5%
06:00 AM
GB
Employment Change MAR 177K 83K 105K 95K
09:00 AM
EA
ZEW Economic Sentiment Index JUN -28 -29.5 -25.9
09:00 AM
DE
ZEW Economic Sentiment Index JUN -28 -34.3 -27.5 -31.8
12:30 PM
US
PPI MoM MAY 0.8% 0.4% ® 0.8% 0.7%
12:30 PM
US
Core PPI MoM MAY 0.5% 0.2% ® 0.6% 0.5%
02:00 PM
US
IBD/TIPP Economic Optimism JUN 38.1 41.2 41
03:30 PM
BR
Business Confidence JUN 57.8 56.5 56
08:30 PM
US
API Crude Oil Stock Change 10/JUN 0.736M 1.845M -1.314M
11:00 PM
JP
Reuters Tankan Index JUN 9 5 4
11:00 PM
KR
Unemployment Rate MAY 2.8% 2.7% 2.7%
11:50 PM
JP
Machinery Orders YoY APR 19% 7.6% 5.3% 6%
11:50 PM
JP
Machinery Orders MoM APR 10.8%