Fri US 0830 ET Revised Q1 GDP expected +0.9% (q/q annualized), previous +0.7% (q/q annualized). Q1 personal consumption expected +0.4%, previous +0.3%. Q1 GDP price index expected unrevised at +2.3%. Q1 core PCE deflator expected unrevised at +2.0% q/q.
0830 ET Apr durable goods orders expected -1.5% and +0.4% ex transportation, Mar +0.9% and unch ex transportation. Apr capital goods orders non-defense ex-aircraft expected +0.5%, Mar +0.5%.
1000 ET Revised-May University of Michigan U.S. consumer sentiment expected -0.2 to 97.5, prelim-May +0.7 to 97.7.
1200 ET USDA Apr Cattle on Feed.
ITA n/a 2-day G-7 Summit in Sicily, Italy begins.
0400 ET Italy May economic sentiment, Apr +2.3 to 107.4. May consumer confidence index expected -0.2 to 107.3, Apr -0.1 to 107.5.
CHI 2130 ET China Apr industrial profits, Mar +23.8% y/y.
Period Survey Prior
5/26/2017 12:00 Cattle on Feed-Placements YOY% Apr — 11.10%
5/26/2017 12:00 Cattle on Feed-Marketing YOY% Apr — 9.60%
5/26/2017 12:00 Cattle on Feed-Feedlots YOY% Apr — 0.50%
5/26/2017 13:00 Baker Hughes U.S. Rig Count 26-May — 901
5/26/2017 13:00 Baker Hughes U.S. Rotary Gas Rigs 26-May — 180
5/26/2017 13:00 Baker Hughes U.S. Rotary Oil Rigs 26-May — 720