Trial now
USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

Global Data Calendar

Repeats Story Initially Transmitted at 21:01 GMT Jun 4/17:01 EST Jun 4
--Rating: *** most market sensitive, * least market sensitive
     
Date   GMT /Local                                             Prior  Est.
-------------------------------------------------------------------------------
05-Jun 0130/1130 *** Q1     AU Balance of payments            -14.0  -9.9 b AUD
05-Jun 0130/1130 *** Q1     AU Net export contribution to GDP  -0.5  +0.4   bps
05-Jun 0145/0945 **  May    CN Caixin Service PMI              52.9    --
05-Jun 0430/1430 *** Jun    AU RBA cash rate decision           1.5   1.5   %
05-Jun 0715/0915 **  May    ES Markit Services PMI (f)         55.6    --
05-Jun 0745/0945 **  May    IT Markit Services PMI (f)         52.6    --
05-Jun 0750/0950 **  May    FR Markit Services PMI (f)         54.3    --
05-Jun 0755/0955 **  May    DE Markit Services PMI (f)         52.1    --
05-Jun 0800/1000 **  May    EU Markit Services PMI (f)         53.9  53.9
05-Jun 0830/0930 **  May    UK Markit/CIPS Services PMI          --    --
05-Jun 0900/1100 **  Apr    EU retail sales m/m                 0.1    --   %
05-Jun 0900/1100 **  Apr    EU retail sales y/y wda             0.8    --   %
05-Jun 1230/0830 *   Q1     CA Labour productivity             +0.2    --   %
05-Jun 1255/0855 **  02-Jun US Redbook retail sales m/m         0.1    --   %
05-Jun 1345/0945 *** May    US Markit Services Index (final)   55.7    --
05-Jun 1400/1000 *** May    US ISM Non-manufacturing Index     56.8  57.6
05-Jun 1400/1000 **  Jun    US IBD/TIPP Optimism Index         53.6    --
05-Jun 1400/1000 **  Apr    US JOLTS job openings level        6550    -- k 
05-Jun 1400/1000 **  Apr    US JOLTS quits rate                 2.3    --   %
 
06-Jun 0000/0900 **  Apr    JP Total wages y/y                 +2.0    --   %
06-Jun 0000/0900 **  Apr    JP Base wages y/y                  +1.2    --   %
06-Jun 0000/0900 **  Apr    JP Real wages y/y                  +0.7    --   %
06-Jun 0130/1130 *** Q1     AU GDP q/q                         +0.4  +0.8   %
06-Jun 0130/1130 *** Q1     AU GDP y/y                         +2.4  +2.7   %
06-Jun 0700/0900 **  Apr    ES industrial production y/y        5.1    --   %
06-Jun 0715/0915 *** May    CH CPI m/m                          0.2    --   %
06-Jun 0715/0915 *** May    CH CPI y/y                          0.8    --   %
06-Jun 0800/1000 *   May    DE VDMA machine orders y/y         -4.0    --   %
06-Jun 1100/0700 **  01-Jun US MBA Mortgage Applications       -2.9    --   %
06-Jun 1230/0830 **  Q1     US non-farm productivity (f)        0.7   0.6   %
06-Jun 1230/0830 **  Q1     US unit labor costs (f)             2.7   2.8   %
06-Jun 1230/0830 **  Apr    US trade balance                    -49 -48.8 b USD
06-Jun 1230/0830 *   Apr    CA Building permits                +3.1    --   %
06-Jun 1230/0830 **  Apr    CA Trade balance                   -4.1    -- b CAD
06-Jun 1400/1000 **  May    CA Ivey PMI (SA)                   71.5    --
06-Jun 1430/1030 **  01-Jun US crude oil stocks ex. SPR w/w   -3.62    -- m bbl
06-Jun 1500/1100 **  May    US Kansas City Fed LMCI            0.75    --
06-Jun 1900/1500 *   May    US Treasury STRIPS Holdings          --    -- b USD
 
07-Jun     -     *** May    CN FX Reserves                    -18.0    -- b USD
07-Jun     -     *** May    CN FX Reserves ytd                 3.12    -- t USD
07-Jun 2230/0830 **  May    AU AI Grp/HIA construction index   55.4    --
07-Jun 0130/1130 *** Apr    AU Trade balance                  +1527 +1000 m AUD
07-Jun 0545/0745 **  May    CH unemployment rate                2.7    --   %
07-Jun 0545/0745 **  May    CH unemployment m/m                -8.2    --   %
07-Jun 0545/0745 **  May    CH unemployment y/y               -18.1    --   %
07-Jun 0600/0800 *   Q1     DE wholesale sales q/q              2.1    --   %
07-Jun 0600/0800 **  Apr    DE manufacturing orders m/m        -0.9   0.5   %
07-Jun 0600/0800 **  Apr    DE manufacturing orders  y/y wda    3.1    --   %
07-Jun 0645/0845 *   Apr    FR foreign trade                   -5.3    -- b E
07-Jun 0645/0845 *   Apr    FR current account                 -1.3    -- b E
07-Jun 0730/0830 *   May    UK Halifax house prices 3m y/y       --    --   %
07-Jun 0800/1000 *   Apr    IT retail sales m/m                -0.2    --   %
07-Jun 0800/1000 *   Apr    IT retail sales y/y nsa             2.9    --   %
07-Jun 0900/1100 *** Q1     EU GDP (2nd est.) q/q               0.4   0.4   %
07-Jun 0900/1100 *** Q1     EU GDP (2nd est.) y/y               2.5    --   %
07-Jun 1230/0830 **  02-Jun US jobless claims                   221   221 k 
07-Jun 1345/0945 *   03-Jun US Bloomberg comfort index           --    --
07-Jun 1400/1000 *   Q1     US Service Revenue                 -1.1    --   %
07-Jun 1430/1030 **  01-Jun US natural gas stocks w/w            96    --   Bcf
07-Jun 1600/1200 *   Q1     US domestic non-financial debt       --    --   %
07-Jun 1900/1500 *   Apr    US consumer credit                 11.6  14.5 b USD
07-Jun 1900/1500 *   May    US Treasury Allotments (final)       --    -- b USD
07-Jun 2030/1630 **  06-Jun US Fed weekly securities holdings    --    -- t USD
 
08-Jun     -     *** May    CN exports y/y                     12.9    --   %
08-Jun     -     *** May    CN trade balance                  28.78    -- b USD
08-Jun     -     *** May    CN imports y/y                     21.5    --   %
08-Jun 2350/0850 **  Q1     JP GDP (r) q/q                     -0.2  -0.1   %
08-Jun 2350/0850 **  Q1     JP GDP (r) annualized              -0.6  -0.5   %
08-Jun 0600/0800 *   Q1     DE labour costs q/q                 0.4    --   %
08-Jun 0600/0800 *   Q1     DE labour costs y/y wda             1.5    --   %
08-Jun 0600/0800 **  Apr    DE industrial production m/m        1.0   0.2   %
08-Jun 0600/0800 **  Apr    DE industrial production wda y/y    3.2    --   %
08-Jun 0600/0800 **  Apr    DE trade balance m/m               22.0    -- b E
08-Jun 0600/0800 **  Apr    DE trade balance exports m/m        1.7    --   %
08-Jun 0600/0800 **  Apr    DE trade balance imports m/m       -0.9    --   %
08-Jun 0645/0845 *   Apr    FR industrial production m/m       -0.4   0.3   %
08-Jun 0645/0845 *   Apr    FR industrial production y/y        1.8    --   %
08-Jun 1215/0815 **  May    CA CMHC housing starts            215.3    -- k 
08-Jun 1230/0830 **  Q1     CA Industrial Capacity Use Rate    86.0    --   %
08-Jun 1230/0830 *** May    CA Employment                      -1.1    -- k 
08-Jun 1230/0830 *** May    CA Unemployment rate                5.8    --   %
08-Jun 1400/1000 **  Apr    US wholesale inventories            0.4   0.0   %
08-Jun 1400/1000 **  Apr    US wholesale sales                  0.4    --   %
08-Jun 1500/1100 **  Q2     US St. Louis Fed Real GDP Nowcast  3.71    --   %
08-Jun 1515/1115 **  Q2     US NY Fed GDP Nowcast               3.3    --   %
 
09-Jun 0130/0930 *** May    CN CPI y/y                          1.8    --   %
09-Jun 0130/0930 *** May    CN PPI y/y                          3.4    --   %
 
10-Jun     -     *** May    CN M2 ytd y/y (date tba)            8.3    --   %
10-Jun     -     *** May    CN new loans (date tba)            1.18    -- t CNY
10-Jun     -     *** May    CN social financing (date tba)     1.56    -- t CNY
 
11-Jun     -     *** May    CN M2 ytd y/y (date tba)            8.3    --   %
11-Jun     -     *** May    CN new loans (date tba)            1.18    -- t CNY
11-Jun     -     *** May    CN social financing (date tba)     1.56    -- t CNY
11-Jun 2350/0850 *   Apr    JP Machinery orders m/m            -3.9    --   %
11-Jun 0630/0830 **  May    FR BOF Manufacturing Sentiment    102.0    --
                                 Index
11-Jun 0630/0830 **  May    FR BOF Services Sentiment Index   102.0    --
11-Jun 0800/1000 *   Apr    IT industrial production m/m        1.2    --   %
11-Jun 0800/1000 *   Apr    IT industrial production y/y wda    3.6    --   %
11-Jun 0830/0930 **  Apr    UK construction output m/m           --    --   %
11-Jun 0830/0930 **  Apr    UK construction output y/y           --    --   %
11-Jun 0830/0930 *** Apr    UK Manufacturing output m/m          --    --   %
11-Jun 0830/0930 *** Apr    UK Manufacturing output y/y          --    --   %
11-Jun 0830/0930 *** Apr    UK Industrial production m/m         --    --   %
11-Jun 0830/0930 *** Apr    UK Industrial production y/y         --    --   %
11-Jun 1215/0815 **  May    CA CMHC housing starts            214.4    -- k 
11-Jun 1500/1100 **  Jun    US NY Fed expectations survey        --    --
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: MTABLE]