These Economic Data Will Be Important This Week

Asia

On Monday, the Chinese Purchasing Managers’ Index (PMI) for the month of May will be published by Caixin. On the Thai side, there are reports on the Monetary Policy Committee (MPC) meeting and May inflation.

On Tuesday, South Korea reports its May foreign exchange reserves, followed by Japan, which reports household spending in April. The Reserve Bank of Australia (RBA) meets on monetary policy and announces interest rate decisions. China reports foreign exchange reserves in May.

On Wednesday, Japan publishes the current account for the month of April. This is followed by the Australian May business climate index of the National Australia Bank (NAB).

On Thursday, South Korea publishes the unemployment rate for the month of May and China announces imports, exports and trade balance for the month of May.

On Friday, China will publish the consumer price index (CPI) for May and the producer price index (PPI) for May.

Europe

On Monday, May car sales will be reported in the United Kingdom.

On Tuesday, factory orders for April will be published in Germany, and the final services PMI for May in the UK.

On Wednesday, the UK house price index for May will be published by Halifax.

On Thursday, the European Central Bank (ECB) meets on monetary policy and announces interest rate decisions.

The U.S.

On Tuesday, U.S. imports, exports and trade balance for April will be released.

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

On Thursday, the number of weekly initial jobless claims will be published in the US.

On Friday, the core CPI for May, the CPI for May and the Michigan Consumer Confidence Index for June will be released in the US.

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