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US
0830 ET Apr durable goods orders expected -1.3% and +0.5% ex transportation, Mar +2.6% and +0.1% ex transportation. Apr capital goods new orders nondefense ex aircraft expected +0.7%, Mar -0.4%.
0920 ET Fed Chair Jerome Powell speaks on a panel on “Financial Stability and Central Bank Transparency” at a conference at the Riskbank in Stockholm.
1000 ET Revised-May University of Michigan U.S. consumer sentiment index expected unch at 98.8, prelim-May unch at 98.8.
1145 ET Dallas Fed President Robert Kaplan (non-voter), Atlanta Fed President Raphael Bostic (voter) and Chicago Fed President Charles Evans (non-voter) speak on a panel at a Dallas Fed conference on ‘Technology-Enabled Disruption: Implications for Business, Labor Markets and Monetary Policy.’
1200 ET USDA Apr Cattle on Feed.
GER
0400 ET German May IFO business climate expected -0.1 to 102.0, Apr -1.2 to 102.1.
UK
0430 ET UK Mar index of services expected +0.1% m/m and +0.3% 3-mo/3-mo, Feb -0.2% m/m and +0.4% 3-mo/3-mo.
0430 ET Revised UK Q1 GDP, previous +0.1% q/q and +1.2% y/y.

Commodity Calendar - Friday 5/25/2018
Date Time Event Survey Prior
5/25/2018 12:00 Cattle on Feed-Feedlots YOY% Apr -- 7.40%
5/25/2018 12:00 Cattle on Feed-Placements YOY% Apr -- -9.30%
5/25/2018 12:00 Cattle on Feed-Marketing YOY% Apr -- -3.90%
5/25/2018 13:00 Baker Hughes U.S. Rotary Gas Rigs 25-May -- 200
5/25/2018 13:00 Baker Hughes U.S. Rotary Oil Rigs 25-May -- 844
5/25/2018 13:00 Baker Hughes U.S. Rig Count 25-May -- 1046
5/25/2018 15:00 Poultry Slaughter LW YOY% Apr -- -3.50%

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