US 0830 ET Weekly initial unemployment claims expected-32,000 to 380,000, previous +37,000 to 412,000. Weekly continuing claims expected -58,000 to 3.460 million, previous +1,000 to 3.518 million.
0830 ET May durable goods orders expected +2.8% m/m and +0.7% m/m ex-transportation, Apr -1.3% m/m and +1.0% ex-transportation m/m. May capital goods orders nondefense ex-aircraft & parts expected +0.6% m/m, Apr +2.2% m/m.
0830 ET May wholesale inventories expected +0.8% m/m, Apr +0.8% m/m. May retail inventories expected -0.5% m/m, Apr -1.6% m/m.
0830 ET Revised Q1 GDP, previous +6.4% (q/q annualized). Revised Q1 personal consumption expected +11.4%, previous +11.3%. Revised Q1 GDP price index, previous +4.3%. Revised Q1 core PCE deflator, previous +2.5% (q/q annualized).
0930 ET Atlanta Fed President Raphael Bostic (voter) and Philadelphia Fed President Patrick Harker (non-voter) participate in a moderated panel discussion hosted by the Official Monetary and Financial Institutions Forum.
1100 ET Jun Kansas City Fed manufacturing activity expected -2 to 24, May -5 to 26.
1100 ET New York Fed President John Willims (voter) participates in a virtual moderated discussion hosted by the College of Staten Island.
1300 ET Treasury auctions $62 billion 7-year T-notes.
1300 ET St. Louis Fed President James Bullard (non-voter) discusses the economic outlook in a virtual event hosted by the Clayton Chamber of Commerce.
1300 ET Dallas Fed President Robert Kaplan (non-voter) participates in a virtual discussion hosted by the Headliners Club of Austin.
1630 ET Fed releases bank stress test results.
FRANCE 0245 ET France Jun business confidence expected +2 to 110, May +12 to 108.
GERMANY 0400 ET German Jun IFO business climate expected +1.5 to 100.7, May +2.6 to 99.2. Jun IFO expectations expected +0.7 to 103.6, May +3.7 to 102.9. Jun IFO current assessment expected +2.2 to 97.9, May +1.5 to 95.7.
EUROZONE 0400 ET ECB publishes monthly economic bulletin.
CANADA 0600 ET Canada Jun CFIB business barometer, May +2.8 to 66.2.
UK 0700 ET BOE announces interest rate decision and asset purchase target.
1901 ET UK Jun GfK consumer confidence expected +2 to -7, May +6 to -9.
