FxWirePro: The Day Ahead- 31st May 2017

Lots of economic data and events scheduled for today and all with low to medium volatility risks associated.

Data released so far:

• China: NBS manufacturing PMI came at 51.2 in May and non-manufacturing PMI came at 54.5
   
• New Zealand: ANZ business confidence improves to 14.9 in May and activity outlook improves to 38.3 percent.
   
• Australia: Private sector credit grew by 0.4 percent in April, up 4.9 percent from a year ago.

Upcoming:

• Japan: Housing starts numbers and construction orders details will be updated at 5:00 GMT.
   
• Germany: Retail sales report will be published at 6:00 GMT. May unemployment report will be released at 7:55 GMT.
   
• Switzerland: UBS consumption indicator will be updated at 6:00 GMT. Zew survey report will be published at 8:00 GMT.
   
• France: April producer price and flash May consumer price report will be released at 6:45 GMT.
   
• United Kingdom: Money supply, consumer credit, and mortgage reports will be released at 8:30 GMT.
   
• Italy: Unemployment report for April will be released at 8:00 GMT. Flash HICP inflation report for May will be updated at 9:00 GMT.
   
• Greece: Retail sales report for March will be released at 9:00 GMT.
   
• Eurozone: Unemployment report and consumer price inflation report will be published at 9:00 GMT.
   
• Portugal: First quarter GDP numbers will be published at 10:00 GMT.
   
• United States: MBA mortgage applications report will be released at 11:00 GMT, followed by Chicago PMI report at 13:45 GMT and home sales report at 14:00 GMT. Fed will release the beige book at 18:00 GMT.
   
• Canada: First quarter GDP numbers will be released at 12:30 GMT.
   
• New Zealand: First quarter terms of trade details will be published at 22:45 GMT.
   
• Australia: AiG performance of manufacturing index will be published at 23:30 GMT.