Next week the economic data starts to heat up again.
The US has another key housing statistic when New Home Sales are announced on Tuesday. Durable Goods will be released on Wednesday and the 2nd release of the US GDP for the 1st quarter will be announced on Thursday.
The Eurozone economic releases will be highlighted by the CPI and Unemployment on Friday.
The UK will have the Nationwide House Price index which is scheduled to be announced on Wednesday.
Japan has Retail Sales on Wednesday and CPI on Thursday.
Finally, the commodity currencies are highlighted by New Zealand Trade Balance on Sunday night and Building Consents on Thursday. Canada will announce 1st quarter GDP on Friday. In addition to the key economic releases, the following key events will take place
· Monday-Tuesday: Tentative: Germany Flash CPI for May· Tuesday at 8:15 AM, Fed’s Kroszner speaks. · Tuesday at 11:50 AM, Fed’s Yellen speaks· Tuesday at 11:45 PM NZ Finance Minister Cullen speak on economy· Wednesday at 3:30 AM EU Alumina Speaks · Wednesday at 12:50 PM, Fed’s Stern speaks on the economy· Wednesday at 9:00 PM Fed’s Fisher speaks on Inflation/Debt
