A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead
Monday June 1
China’s PMI
Japan’s capital spending and manufacturing PMI
Euro zone’s unemployment rate, private sector credit and manufacturing PMI
Germany’s retail sales
(9:30 a.m. ET) Canada’s S&P Global Manufacturing PMI for May.
(9:45 a.m. ET) U.S. S&P Global Manufacturing PMI for May.
(10 a.m. ET) U.S. ISM Manufacturing PMI for May.
(10 a.m. ET) U.S. construction spending for April. The Street expects a month-over-month increase of 0.2 per cent.
(12 p.m. ET) Bank of Canada Senior Deputy Governor Carolyn Rogers appears before the House Standing Committee on Public Accounts.
Earnings include: Hewlett Packard Enterprise Co.
Tuesday June 2
Euro zone’s CPI
(10 a.m. ET) U.S. Job Openings & Labor Turnover Survey for April.
Earnings include: Dollar General Corp.; Palo Alto Networks Inc.
Wednesday June 3
China, Japan and Euro zone’s services and composite PMI
(8:15 a.m. ET) U.S. ADP National Employment Report for May.
(8:30 a.m. ET) Canadian labour productivity for Q1.
(9 a.m. ET) Canada’s S&P Global Services PMI for May.
(9:45 a.m. ET) U.S. Global Services/Composite PMI for May.
(10 a.m. ET) U.S. ISM Services PMI for May.
(10 a.m. ET) U.S. factory orders for April.
(2 p.m. ET) U.S. Beige Book is released.
Earnings include: Broadcom Inc.; CrowdStrike Holdings Inc.; Descartes Systems Group Inc.; Kraken Robotics Inc.; Macy’s Inc.; Medtronic PLC
Thursday June 4
Euro zone’s retail sales.
(8:30 a.m. ET) U.S. initial jobless claims for week of May 30. Estimate is 212,000, down 3,000 from the previous week.
(8:30 a.m. ET) U.S. productivity and unit labour costs for Q1. Analysts are projecting annualized rate rises of 0.5 per cent and 2.5 per cent, respectively.
(10 a.m. ET) U.S. Global Supply Chain Pressure Index for May.
Earnings include: Enghouse Systems Ltd.; Saputo Inc.
Friday June 5
Japan’s real cash earnings and household spending
Euro zone’s real GDP
(8:30 a.m. ET) Canadian employment for May. The Street expects a gain of 10,000 jobs with the unemployment rate remaining 6.9 per cent and average hourly wages rising 4.5 per cent year-over-year (unchanged from the previous month).
(8:30 a.m. ET) U.S. nonfarm payrolls for May. Consensus is a rise of 92,000 jobs with a steady unemployment rate of 4.3 per cent and average hourly wages gaining 3.5 per cent from the same period a year ago.
(3 p.m. ET) U.S. consumer credit for April.