Weekly Outlook: June 11 - June 15

Monday

Europe: Britain’s Industrial and Manufacturing Production for April will come at 08:30 GMT, along with the latest trade balance figures.

Asia: Japan’s BSI Large Manufacturing Conditions survey for the second quarter 2018 will be available as of 23:50 GMT.

Tuesday

Asia: The Nippon Tertiary Industry Activity index is up at 04:30 GMT.

Europe: Traders will look at the UK Average Earnings and Claimant Count Change, as well as to the unemployment rate for April at 08:30 GMT. Later on, focus will shift to Germany and the Eurozone, where ZEW Economic Sentiment are due as of 09:00 GMT.

United States: The Organisation for the Petroleum Exporting Countries will release its monthly report on the oil market at 11:20 GMT. However, attention will be mainly directed to the Core Consumer Price Index at 12:30 GMT, and the Federal Budget Balance for May at 18:00 GMT.

Wednesday

Europe: UK Consumer Price and Producer Price Indexes for May are scheduled for publishing as of 08:30 GMT. Later on, EU’s industrial production comes at 09:00 GMT.

United States: The Producer Price Index for May is up at 12:30 GMT. However, attention will be mainly pointing at the FOMC Statement at 18:00 GMT. The Federal Reserve is expected to raise by 25 basis points its benchmark interest rate. A press conference is scheduled half an hour after the policy decision.

Thursday

Asia: China’s fixed asset investment and industrial production figures for May are up at 02:00 GMT. In Japan, industrial production is expected at 04:30 GMT.

Europe: Germany’s CPI for May is due at 06:00 GMT, followed by UK Retail Sales at 08:30 GMT and EU’s interest rate decision as of 11:45 GMT. The ECB is expected to provide guidance on future policy movements. The bank’s press conference is scheduled at 12:30 GMT.

United States: Retail Sales for May, the Export/Import Price Index and a fresh look at initial jobless claims will come together at 12:30 GMT. Business inventories for April are set at 14:00 GMT.

Friday

Asia: The Bank of Japan will unveil its latest monetary policy decision in early morning hours, with no monetary policy changes expected.

Europe: The Consumer Price Index for May, Q1 wages and trade balance for April in the EU are all up at 09:00 GMT.

United States: The New York Empire State Manufacturing Index will be out as of 12:30 GMT. The industrial production for May comes at 13:15 GMT and Michigan University will present its consumer sentiment for June at 14:00 GMT.

FortFS