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LATAM: Brazil Budget Balance Data, Colombia Central Bank Decision

LATAM
  • Brazil budget balance data for May kicks off the LatAm calendar on Friday, before Brazil also reports its May unemployment rate. Focus then turns to Chile, where production, retail sales and unemployment figures will be released. Colombia unemployment rate also crosses, before the main event which will be the June BanRep decision. Argentina economic activity will be the final data release this week.
  • US data and policy expectations are the highlight Friday, with US PCE numbers for May providing the latest insight into the inflation outlook. This is followed by MNI Chicago PMI later in the session, which is expected to tick higher from the post-COVID low of 35.4 printed last month. Fed speak also picks up after a quiet few days, with Barkin, Daly and Bowman all on the schedule.

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