Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Tuesday throws up a day of largely second tier data, although consumer sentiment data on both sides of the Atlantic will be closely watched.
The calendar gets underway at 0700BST, with the release of the Swedish retail sales data and the German GFK consumer confidence data. The GfK survey is expected to edge lower again in June, as sentiment dips across the continent as rising prices weigh on the consumer. The headline index is expected to slip to -26.5 from -26 in May.
French consumer sentiment (due at 0745BST) is also expected to dip, as analysts point to a slowdown to 84 from 86 previously.
US data also focused on consumer
US dataincludes the advanced goods trade, the Redbook Retail sales survey, Case-Schiller home prices and the FHFA monthly house price index.
The main release is due at 1500BST, when the June Consumer Confidence survey is published.
Analysts are looking for a sharp slowdoen to 100 from 106.4, as soaring inflation and, in particular, record high gas/petrol prices are starting to impact consumers ability to spend.
Also due at 1500BST is the Richmond Fed manufacturing survey.
The are plenty of policymakers speaking Tuesday, not least as the ECB's Sintra forum gets underway. Amongst the speakers are ECB President Christine Lagarde, Executive Board members Philip Lane, Frank Elderson and Philip Lane. Richmond Fed President Tom Barkin and San Francisco Fed head Mary Daly are also due to speak.
| Date | GMT/Local | Impact | Flag | Country | Event |
| 28/06/2022 | 0600/0800 | * |  | DE | GFK Consumer Climate |
| 28/06/2022 | 0600/0800 | ** |  | SE | Retail Sales |
| 28/06/2022 | 0645/0845 | ** |  | FR | Consumer Sentiment |
| 28/06/2022 | 0800/1000 |  | EU | ECB Lagarde Intro at ECB Forum | |
| 28/06/2022 | 0830/1030 | | EU | ECB Lane on Globalisation & Labour Markets at ECB Forum | |
| 28/06/2022 | 0900/1000 | * |  | UK | Index Linked Gilt Outright Auction Result |
| 28/06/2022 | 0930/1130 | | EU | ECB Elderson on Energy Prices & Sources at ECB Forum | |
| 28/06/2022 | 1100/1300 | | EU | ECB Panetta on Digital Currencies at ECB Forum | |
| 28/06/2022 | 1100/1200 | | UK | BOE Cunliffe Panels ECB Forum | |
| 28/06/2022 | 1200/0800 |  | US | Richmond Fed President Tom Barkin | |
| 28/06/2022 | 1230/0830 | ** | | US | Advance Trade, Advance Business Inventories |
| 28/06/2022 | 1255/0855 | ** | | US | Redbook Retail Sales Index |
| 28/06/2022 | 1300/0900 | ** | | US | S&P Case-Shiller Home Price Index |
| 28/06/2022 | 1300/0900 | ** | | US | FHFA Home Price Index |
| 28/06/2022 | 1400/1000 | *** | | US | Conference Board Consumer Confidence |
| 28/06/2022 | 1400/1000 | ** | | US | Richmond Fed Survey |
| 28/06/2022 | 1630/1230 | | US | San Francisco Fed's Mary Daly | |
| 28/06/2022 | 1700/1300 | ** | | US | US Treasury Auction Result for 7 Year Note |
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.