Guide to today’s important data and events

Lots of economic dockets scheduled for today and some with high risks associated.

Upcoming –  

• Japan – Bank of Japan (BOJ) Governor Kuroda is scheduled to speak at 3:30 GMT. Tertiary industry index will be released at 4:30 GMT.

• Germany – CPI for April will be released at 6:00 GMT. Prior 0.1% y/y. First quarter GDP will be released at same time. Prior 2.1% y/y.

• France – Non-farm payrolls will be released at 6:45 GMT.

• Spain – HICP for April will be released at 7:00 GMT.

• Italy – First quarter GDP will be released at 8:00 GMT, along with CPI. Prior growth 1%

• UK – MPC member Andy Haldane is scheduled to speak at 9:00 GMT. MPC member Weale will speak at 12:30 GMT.

• Greece – First quarter GDP will be released at 9:00 GMT. Prior -0.8%.

• Canada – New housing price index will be released at 12:30 GMT.

• Euro Zone – First quarter GDP will be released at 9:00 GMT. Prior 1.6% y/y.

• Portugal – First quarter GDP will be released today. Prior 1.3% y/y.

• United States - Retail sales and Producer price index will be released at 12:30 GMT. In March retail sales grew -0.3%. Michigan consumer sentiment scheduled at 14:00 GMT. Prior 89.