The Day Ahead

39
Economic Data Releases
United States

April trade deficit widened.

Initial jobless claims due today.

ISM Manufacturing PMI for May remains below 50, indicating contraction.

China

Caixin Services PMI (May): 51.1 (up from 50.7).

Composite PMI fell to 49.6, showing overall contraction.

Japan

May Manufacturing PMI: 49.4 (up from 48.7), slower contraction.

Germany

April factory orders and May construction PMI due today.

Italy

April retail sales due.

Eurozone

April Producer Price Index (PPI) due.

Canada

April international merchandise trade data due.

Sweden

May Consumer Price Index (CPI) due.

Central Banks
Federal Reserve: Speeches by Kugler and Harker.

European Central Bank: Interest rate decision expected today.

Bank of England: Greene and Breeden to speak; DMP (Decision Maker Panel) survey release.

Earnings
Broadcom (AVGO): Shares recently up 1.67%.

Lululemon (LULU): Shares recently up 0.11%.

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