US 0830 ET May non-farm payrolls expected +190,000, Apr +164,000. May private payrolls expected +190,000, Apr +168,000. May manufacturing payrolls expected +20,000, Apr +24,000. May unemployment rate expected unch at 3.9%, Apr -0.2 to 3.9%.
0830 ET May avg hourly earnings expected +0.2% m/m and +2.6% y/y, Apr +0.1% m/m and +2.6% y/y. May weekly hours all-employees expected unch at 34.5 hours, Apr unch at 34/5 hours.
0830 ET USDA weekly Export Sales.
0945 ET Final-May Markit manufacturing PMI expected no change at 56.6, prelim-May +0.1 to 56.6.
1000 ET Apr construction spending expected +0.8% m/m, Mar -1.7% m/m.
1000 ET May ISM manufacturing PMI expected +0.9 to 58.2, Apr -2.0 to 57.3. May ISM new orders, Apr -0.7 to 61.2. May ISM employment, Apr -3.1 to 54.2. May ISM prices paid expected -1.3 to 78.0, Apr +1.2 to 79.3.
n/a May total vehicle sales (ex-GM) expected 16.70 million, Apr 17.07 million.
n/a G7 meeting (Thu-Sat) of finance ministers and central bankers in Whistler, British Columbia.
JPN 0100 ET Japan May vehicle sales, Apr +0.5% y/y.
ITA 0345 ET Italy May Markit/ADACI manufacturing PMI expected -0.5 to 53.0, Apr -1.6 to 53.5.
0400 ET Revised Italy Q1 GDP, previous +0.3% q/q and +1.4% y/y.
FRA 0350 ET Revised May Markit manufacturing PMI.
GER 0355 ET Revised German Markit/BME manufacturing PMI.
EUR 0400 ET Revised Eurozone May Markit manufacturing PMI.
UK 0430 ET UK May Markit manufacturing PMI expected -0.4 to 53.5, Apr -1.0 to 53.9.
CAN 0930 ET Canada May Markit manufacturing PMI, Apr -0.2 to 55.5.
n/a G-7 finance ministers and central bankers meet in Whistler, B.C.
Commodity Calendar – Friday 6/1/2018
Date Time Event Survey Prior
6/1/2018 8:30 Net Export Sales Corn-Total 24-May — 1127.7
6/1/2018 8:30 Net Export Sales Corn-Old Crop 24-May — 854.3
6/1/2018 8:30 Net Export Sales Soybeans-Total 24-May — -132.6
6/1/2018 8:30 Net Export Sales Soybeans-Old 24-May — -139.5
6/1/2018 8:30 Net Export Sales Wheat-Total 24-May — 452.3
6/1/2018 8:30 Net Export Sales Wheat-Old 24-May — 112.3
6/1/2018 8:30 Net Export Sales Cotton-Total 24-May — 202.9
6/1/2018 8:30 Net Export Sales Cotton-Old 24-May — 50.7
6/1/2018 8:30 Net Export Sales Soy Meal-Total 24-May — 196.9
6/1/2018 8:30 Net Export Sales Soy Meal-Old 24-May — 239.5
6/1/2018 8:30 Net Export Sales Soy Oil-Total 24-May — 17.7
6/1/2018 8:30 Net Export Sales Soy Oil-Old 24-May — 17.7
6/1/2018 13:00 Baker Hughes U.S. Rotary Gas Rigs 1-Jun — 198
6/1/2018 13:00 Baker Hughes U.S. Rotary Oil Rigs 1-Jun — 859
6/1/2018 13:00 Baker Hughes U.S. Rig Count 1-Jun — 1059
6/1/2018 15:00 USDA Soybean Crush Apr — 5465240
6/1/2018 15:00 USDA Soybean Crush Crude Apr — 2079123
6/1/2018 15:00 USDA Soybean Crush Onsite Apr — 915122