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Most are US centered data today, with high risk associated. Focus is on durable goods orders.
Upcoming -
- Switzerland - Employment level for first quarter to be released at 7:15 GMT.
- UK - CBI trades survey will be released at 12:30 GMT.
- US - Lot of economic dockets from US today. Durable goods order is scheduled for release at 12:30 GMT, followed by Redbook index at 12:55 GMT. Durable goods order is very critical as it will portray status after terrible first quarter. Housing price index and S&P/Case-Shiller home price indices will be released at 13:00 GMT. Markit services PMI to be released at 13:45 GMT. This is preliminary readings for May. New home sales details will be released at 14:00 GMT along with Richmond FED manufacturing index and consumer confidence. Last data to be released is Dallas FED manufacturing business index at 14:30 GMT.
- Japan - Bank of Japan (BOJ) will release monetary policy minutes at 23:50 GMT.
- Auctions - US will auction 3 month and 6 month bills at 15:30 GMT, followed by 2 year note at 17:00 GMT. Very crucial since Dollar is going up, and it will need yield support.
