This Will be Important this Week

Asia

On Monday, the Bank of Japan (BOJ) releases meeting minutes; China releases April imports, exports and trade balance; and Indonesia releases first quarter gross domestic product (GDP), followed by April inflation.

On Tuesday, South Korea will present its current account for March. Japan reports on household spending in March, and Australia releases the National Australia Bank (NAB) business climate index for April and retail sales for March.

On Wednesday, South Korea releases its unemployment rate for April. Australia reports Westpac’s consumer confidence index for May, and China releases its consumer price index (CPI) for April.

On Thursday, Japan’s current account for the month of March will be released, and China will announce car sales for the month of April, followed by the amount of new loans in yuan currency in April.

On Friday, Japan releases its consumer confidence index for May and China releases its consumer confidence index for May, followed by Hong Kong’s GDP for Q1.

Europe

On Monday, France will publish its trade balance report for March.

On Tuesday, the EU publishes the economic confidence index for May. This will be followed by the ZEW Institute’s economic confidence index for Germany in May.

Wednesday, Germany releases April inflation data.

On Friday, the French consumer price index (CPI) for April and the EU industrial production index for March will be announced.

The U.S.

On Monday, wholesale inventories for March will be reported.

On Tuesday, the United States releases its Small Business Confidence Index for April from the National Federation of Independent Businesses (NFIB).

On Wednesday, the inflation rate for April and weekly oil inventories will be released by the U.S. Energy Information Administration (EIA).

On Thursday, weekly initial jobless claims and the producer price index (PPI) for April will be announced.

On Friday, the Import Price Index for April and the Michigan Consumer Confidence Index will be released.

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