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Friday Look Ahead: Inventories, Personal Income/Spending, Chicago PMI

OUTLOOK
  • US Data/Speaker Calendar (prior, estimate)
  • May-28 0830 Advance Goods Trade Balance (-$90.6b, -$92.0b)
  • May-28 0830 Wholesale Inventories MoM (1.3%, 0.7%)
  • May-28 0830 Retail Inventories MoM (-1.4%, -2.0%)
  • May-28 0830 Personal Income Apr (21.1%, -14.3%);
  • May-28 0830 Personal Spending (4.2%, 0.5%)
  • May-28 0830 PCE Deflator MoM Apr (0.5%, 0.6%); YoY (2.3%, 3.5%)
  • May-28 0830 PCE Core Deflator MoM (0.4%, 0.6%); YoY (1.8%, 2.9%)
  • May-28 0945 MNI Chicago PMI May (72.1, 68.0)
  • May-28 1000 U. of Mich. Sentiment May final (82.8, 83.0)
  • May-28 1030 NY Fed buy-op: Tsy 0Y-2.25Y, appr $12.425B

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