US 0830 ET Weekly initial unemployment claims expected +2,000 to 220,000, previous -3,000 to 218,000. Weekly continuing claims expected -5,000 to 1.718 million, previous +22,000 to 1.723 million.
0830 ET Q1 GDP expected unrevised at 2.2% (q/q annualized), previous +2.2 %. Q1 personal consumption expected unrevised at +1.0%. Q1 GDP price index expected unrevised at +1.9%. Q1 core PCE deflator, previous +2.3% q/q.
0830 ET USDA weekly Export Sales.
1045 ET St. Louis Fed President James Bullard speaks on the U.S. economy and monetary policy to a conference in St. Louis.
1100 ET Jun Kansas City Fed manufacturing activity expected -3 to 26, May +3 to 29.
1300 ET Treasury auctions $30 billion of 7-year T-notes.
1500 ET USDA Q2 Hogs & Pigs Inventory.
GER 0200 ET German Jul GfK consumer confidence expected -0.1 to 10.6, Jun -0.1 to 10.7.
0800 ET German Jun CPI (EU harmonized) expected +0.2% m/m and +2.1% y/y, May +0.6% m/m and +2.2% y/y.
EUR 0400 ET ECB publishes monthly economic bulletin.
0500 ET Eurozone Jun economic confidence expected -0.5 to 112.0, May -0.2 to 112.5. Jun business climate indicator expected -0.05 to 1.40, May +0.06 to 1.45.
0500 ET Revised Eurozone Jun consumer confidence, prelim-Jun -0.7 to -0.5.
ITA 0500 ET Italy Jun CPI (EU harmonized) expected +0.2% m/m and +1.3% y/y, May +0.3% m/m and +1.0% y/y.
UK 1901 ET UK Jun GfK consumer confidence expected unch at -7, May +2 to -7.
1901 ET UK Jun Lloyds business barometer, May +3 to 35.
JPN 1930 ET Japan May jobless rate expected unch at 2.5%, Apr unch at 2.5%. May job-to-applicant ratio expected unch at 1.59, Apr unch at 1.59.
1950 ET Japan May industrial production expected -1.0% m/m and +3.4% y/y, Apr +0.5% m/m and +2.6% y/y.
Commodity Calendar – Thursday 6/28/2018
Date Time Event Survey Prior
6/28/2018 8:30 Net Export Sales Corn-Total 21-Jun — 505.6
6/28/2018 8:30 Net Export Sales Corn-Old Crop 21-Jun — 165.9
6/28/2018 8:30 Net Export Sales Soybeans-Total 21-Jun — 529.4
6/28/2018 8:30 Net Export Sales Soybeans-Old 21-Jun — 301.7
6/28/2018 8:30 Net Export Sales Wheat-Total 21-Jun — 461.6
6/28/2018 8:30 Net Export Sales Wheat-Old 21-Jun — 461.6
6/28/2018 8:30 Net Export Sales Cotton-Total 21-Jun — 183
6/28/2018 8:30 Net Export Sales Cotton-Old 21-Jun — -112.4
6/28/2018 8:30 Net Export Sales Soy Meal-Total 21-Jun — 120.1
6/28/2018 8:30 Net Export Sales Soy Meal-Old 21-Jun — 115.1
6/28/2018 8:30 Net Export Sales Soy Oil-Total 21-Jun — 18.8
6/28/2018 8:30 Net Export Sales Soy Oil-Old 21-Jun — 16
6/28/2018 10:30 EIA Working Natural Gas Implied Flow 22-Jun — 91
6/28/2018 10:30 EIA Natural Gas Storage Change 22-Jun — 91
6/28/2018 15:00 USDA Hogs & Pigs Inventory 2Q — 72908k
6/28/2018 15:00 USDA Hogs & Pigs YOY% 2Q — 3.10%
6/28/2018 15:00 Agriculture Prices Received May — -3.10%