Weekly Outlook: May 28 - Jun 1

Monday

United States: Memorial Day

Asia: Japan’s jobs/applications ratio for April is due at 23:30 GMT.

Tuesday

Europe: UK Nationwide HPI is expected in morning hours.

United States: FOMC Bullard will speak at 04:40 GMT. The Conference Board will release its consumer confidence index for May as of 14:00 GMT.

Asia: Japan’s retail sales for April are up at 23:50 GMT.

Wednesday

Europe: Germany’s unemployment change and rate will be released at 08:00 GMT, followed by the latest reading on consumer prices.

United States: ADP nonfarm employment change for May will be out at 12:15 GMT. A fresh reading on the Q1 GDP is due fifteen minutes later, along with the goods trade balance for April. The Federal Reserve will unveil its Beige Book at 18:00 GMT.

Asia: Japan’s industrial production figures for April are due at 23:50 GMT.

Thursday

Asia: China’s manufacturing and non-manufacturing PMI indexes for May are up at 01:00 GMT

Europe: Germany’s retail sales for April will be published at 06:00 GMT. Traders will also pay attention to Eurozone’s consumer price index for May at 09:00 GMT, as well as the unemployment rate for april, seen at 8.5 percent.

United States: Core PCE Price Index for April and initial jobless claims will be published at 12:30 GMT, along with personal spending for April. Pending home sales for April are scheduled at 14:00 GMT. The Energy Information Administration will release its weekly crude and refined product stockpile as of 15:00 GMT.

Friday

Asia: China’s Caixin manufacturing PMI for May will be published at 01:45 GMT.

Europe: Germany and the EU will release their manufacturing PMI indexes for May at 07:55 GMT and 08:00 GMT respectively. The UK will also present this report at 08:30 GMT.

United States: the Labor Department will present its employment figures for May at 12:30 GMT, including nonfarm payrolls, the participation and unemployement rate and average hourly earnings. ISM manufacturing PMI for May is due at 14:00 GMT.

FortFS