US 0830 ET Apr wholesale inventories expected -0.7% m/m, Mar -0.8% m/m. Apr retail inventories expected -0.8% m/m, Mar +0.9% m/m.
0830 ET Apr personal spending expected -12.8%, Mar -7.5%. Apr personal income expected -6.0%, Mar -2.0%.
0830 ET Apr PCE deflator expected -0.6% m/m and +0.5% y/y, Mar -0.3% m/m and +1.3% y/y. Apr core PCE deflator expected -0.3% m/m and +1.1% y/y, Mar -0.1% m/m and +1.7% y/y.
0945 ET May Chicago PMI expected +4.6 to 40.0, Apr -12.4 to 35.4.
1000 ET Final-May University of Michigan U.S. consumer sentiment index expected +0.3 to 74.0, prelim-May +1.9 to 73.7.
1100 ET Fed Chair Jerome Powell takes part in a moderated virtual discussion with former Fed Vice Chair Alan Blinder at a Griswald Center for Economic Policy Studies Princeton Reunion Talk event.
JAPAN 0000 ET Japan Mar vehicle production, Feb -11.0% y/y.
0100 ET Japan Apr housing starts expected -12.1% y/y to 830,000 annualized, Mar -7.6% to 905,000 annualized.
0100 ET Japan May consumer confidence index expected -0.5 to 21.1, Apr -9.3 to 21.6.
GER 0200 ET German Apr retail sales expected -12.0% m/m and -14.0% y/y, Mar -4.0% m/m and -1.2% y/y.
0200 ET German Apr import price index expected -1.4% m/m and -7.2% y/y, Mar -3.5% m/m and -5.5% y/y.
FRANCE 0245 ET France May CPI (EU harmonized) expected +0.1% m/m and +0.3% y/y, Apr +0.1% m/m and+0.5% y/y.
0245 ET France Apr PPI, Mar -1.7% m/m and -2.7% y/y.
0245 ET France Apr consumer spending expected -14.7% m/m and -32.2% y/y, Mar -17.9% m/m and -18.1% y/y.
0245 ET Revised France Q1 GDP, previous -5.8% q/q and -5.4% y/y.
EUR 0400 ET Eurozone Apr M3 money supply, Mat +7.5% y/y.
0500 ET Eurozone May CPI expected +0.1% y/y, Apr +0.4% y/y. May core CPI expected +0.8% y/y, Apr +0.9% y/y.
ITALY 0400 ET Revised Italy Q1 GDP, previous -4.7% q/q and -4.8% y/y.
CANADA 0830 ET Canada Q1 GDP expected -10.0% (q/q annualized), Q4 +0.3% (q/q annualized).
0830 ET Canada Apr industrial product prices expected -2.0%, Mar -0.9% m/m. Apr raw materials price index, Mar -15.6% m/m.
