US 0830 ET Weekly initial unemployment claims expected -23,000 to 450,000, previous -34,000 to 473,000. Weekly continuing claims expected -25,000 to 3.630 million, previous -45,000 to 3.655 million.
0830 ET May Philadelphia Fed business outlook survey expected -9.2 to 41.0, Apr +5.7 to 50.2.
1000 ET Apr leading indicators expected +1.3% m/m, Mar +1.3% m/m.
1030 ET Dallas Fed President Robert Kaplan (non-voter) takes part in a moderated virtual Q&A hosted by the Borderplex Alliance.
1100 ET Treasury announces the amount of 2-year T-notes (previous $60 billion), 2-year floating-rate notes (previous $33 billion), 5-year T-notes (previous $61 billion), and 7-year T-notes (previous $62 billion) to be auctioned May 25-27.
1300 ET Treasury auctions $13 billion 10-year TIPS.
GERMANY 0200 ET German Apr PPI expected +0.8% m/m and +5.1% y/y, Mar +0.9% m/m and +3.7% y/y.
EUROZONE 0500 ET Eurozone Mar construction output, Feb -2.1% m/m and -5.8% y/y.
UK 0600 ET UK May CBI trends total orders expected +8 to 0, Apr -3 to -8. May CBI trends selling prices, Apr +7 to 27.
1901 ET UK May GfK consumer confidence expected +3 to -12, Apr +1 to -15.
JAPAN 1930 ET Japan Apr national CPI expected -0.5% y/y, Mar -0.2% y/y. Apr national CPI ex-fresh food expected -0.2% y/y, Mar -0.1% y/y. Apr national CPI ex-fresh food & energy expected -0.1% y/y, Mar +0.3% y/y.
2030 ET Japan May Jibun Bank manufacturing PMI, Apr +0.9 to 53.6.
