US 0830 ET Weekly initial unemployment claims expected -52,000 to 1.375 million, previous -55,000 to 1.427 million. Weekly continuing claims expected -540,000 to 18.75 million, previous +59,000 to 19.29 million.
1000 ET Final-May wholesale inventories expected unrevised at -1.2%s. May wholesale trade sales expected +4.5% m/m, Apr -16.9% m/m.
1200 ET Atlanta Fed President Raphael Bostic (non-voter) takes part in a virtual discussion on fiscal policy for the Covid-19 economy hosted by the Tax Policy Center.
1300 ET Treasury auctions $19 billion of 30-year T-bonds.
GERMANY 0200 ET German May trade balance expected +7.0 billion euros, Apr +3.6 billion euros. May exports expected +14.0% m/m, Apr -24.0% m/m. May imports expected +12.4% m/m, Apr -16.6% m/m.
CANADA 0815 ET Canada Jun housing starts expected +185,000, May 193,500.
0830 ET Canada May building permits, Apr -17.1% m/m.
JAPAN 1950 ET Japan Jun PPI expected +0.3% m/m and -2.0% y/y, May -0.4% m/m and -2.7% y/y.
CHINA n/a China Jun new yuan loans expected +1.8 trillion yuan, May +1.482 trillion yuan. Jun aggregate financing expected +3.05 trillion yuan, May +3.191 trillion yuan.
