May 31-June 6, 2025 – Currency Thoughts
Next Week’s Menu: May 31-June 6, 2025
May 30, 2025
Central Banks: Interest rate reviews at the European Central Bank, Bank of Canada, National Bank of Kazakhstan, Reserve Bank of India and National Bank of Poland. The Fed Beige Book of regional U.S. economic conditions, Bank of Canada quarterly Monetary Policy Report, and Minutes from the last Reserve Bank of Australia Board meeting get published. Waller, Logan, Goolsbee, Bostic, Cook and Harker are some of the Fed officials who have public speaking engagements. So do Mann and Greene of the Bank of England, ECB President Lagarde, Bank of Canada Goavernor Macklem and Bank of Japan Governor Ueda.
Purchasing Manager Surveys from May: Over 75 of them, covering composite activity, manufacturing, services and construction.
Scheduled U.S. Economic Data Releases: Quarterly unit labor costs and productivity. Monthly labor situation report (employment, unemployment, and average wage earnings), factory orders, motor vehicle sales, construction spending, JOLTS report on job hires, openings and quits, RCM/TIPP investor optimism index, and ADP estimate of private sector jobs. Weekly jobless insurance claims, mortgage applications, chain store sales, and energy inventories.
Euroland Releases: Quarterly GDP and employment. Monthly consumer prices, retail sales, and producer prices.
Members of the Euro Area: Cypriot, Slovakian, and Irish GDP. German, Spanish, French, Estonian, Portuguese, and Latvian industrial production. Italian, Dutch, Cypriot, Portuguese, and Slovakian retail sales. Cypriot and Estonian consumer prices. Austrian wholesale prices and the French current account.
U.K. and Switzerland: British money growth and both the Nationwide and Halifax house price indices. Swiss CPI, retail sales & GDP.
Nordic Europe: Swedish and Danish current accounts. Norwegian industrial production.
Eastern Europe: Polish, Hungarian, Russian, Romanian and Bulgarian GDP. Hungarian, Russian, Romanian, Czech and Bulgarian retail sales. Russian unemployment and business confidence. Czech trade balance and Romanian PPI.
Japanese Releases: Household spending, international reserves, labor cash earnings, monetary base, business capital spending, and the index of leading economic indicators.
Selected Other Asian Releases: South Korean and Indonesian consumer prices. Hong Kong and Singaporean retail sales. South Korea’s current account and GDP.
Australia, Turkey and South Africa: Australian current account, GDP, trade balance and housing permits. Turkish CPI, PPI and trade balance. South African GDP, current account and business confidence.
Canada, Mexico and Brazil: Canadian productivity, unit labor costs, labor market statistics and IVEY-PMI index. Mexican business confidence and consumer sentiment. Brazilian CPI, PPI, and industrial production.
Copyright 2025, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: Economic Data Calendar
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