Tuesday: Overnight, April employment data in Japan is likely to be the focus, while the Fed’s Bullard is due to speak in Tokyo. In Europe we’ve got April money supply data for the Euro area and the May consumer confidence reading in France due. The ECB’s Villeroy is also due to speak again, followed by the ECB’s Visco, Mersch, Lautenschlaeger and Coeure. In the afternoon the main highlight in the US will be the May consumer confidence report, while the May Dallas Fed manufacturing activity index and March S&P/Case-Shiller home price index data are also due. Away from that, the OECD conference is also due to kick off (through to Thursday).
Thursday: Inflation data should be the big focus on Thursday with the May CPI report for the Euro area and April PCE report in the US both due. Away from that, May PMIs in China, May CPI for France and April money and credit aggregates data in the UK are all due in the morning. In the US we’ll also get April personal income and spending reports, weekly initial jobless claims, May Chicago PMI and April pending home sales data. In the morning the Fed’s Bullard will speak in Tokyo again, while in the evening the Fed’s Bostic is due to speak. G7 finance ministers and central bankers are also due to gather in Whistler with the topic of the conference being “Investing in Growth that Works for Everyone”.
Friday: The focus overnight will be the final May manufacturing PMIs in Japan (Nikkei) and China (Caixin). In Europe the final manufacturing PMIs are also due along with a first look at the non-core and UK, while in the US the week ends with the May employment report including nonfarm payrolls, unemployment rate and average weekly earnings. The final manufacturing PMI for May, April construction spending and May ISM manufacturing prints are also due in the US. Last but by no means least, US automakers are scheduled to release May sales figures on Friday.