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Guide to today’s important data and events

Lots of economic dockets scheduled for today, focus is on NFP report.

Data released so far 

  • New Zealand – ANZ commodity prices rose 1% in May.
  • Japan – Labour cash earnings rose 0.3% y/y in April.
  • China – Caixi china services PMI declined to 51.2 from 51.8.

Upcoming                                                     

  • Spain – Markit services PMI scheduled at 7:15 GMT. Prior 55.1, expected 53.5
  • Italy - Markit services PMI scheduled at 7:45 GMT. Prior 52.1, expected 51.5
  • France - Markit services PMI scheduled at 7:50 GMT. Prior 51.8
  • Germany - Markit services PMI scheduled at 7:55 GMT. Prior 55.2, expected 55.2
  • Eurozone - Markit services PMI scheduled at 8:00 GMT. Prior 53.1, expected 53.1. Retail sales for April will be released at 9:00 GMT.
  • UK – Services PMI will be announced at 8:30 GMT. Prior 52.3, expected 52.5
  • United States – NFP report will be announced at 12:30 GMT. Markit services PMI will be announced at 13:45 GMT. Followed by ISM non-manufacturing PMI and Factory orders at 14:00 GMT.
  • Canada – Trade balance for April and labour productivity for first quarter will be announced at 12:30 GMT.
  • Market Data
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