Investors’ focus on Wednesday will shift to Asia Pacific, where China’s National Bureau of Statistics will publish the first of the week’s two main data releases, a reading on consumer prices for May.
Headline CPI is expected to have accelerated from a year-on-year pace of 0.9% for April to 1.6% in May, alongside a pick up in the annual rate of gains in factory gate prices from 6.8% to 8.5%.
Aggregate lending data for the Chinese economy are also due to be released between Wednesday and 15 May.
Japanese money supply data are also due out on, together with a final reading on first quarter gross domestic product in South Korea.
In Europe meanwhile, the sole economic report due out is a reading on Germany’s foreign trade balance in April.
No major economic releases are scheduled in the UK or US.
Wednesday 09 June
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (GER) (07:00)
Crude Oil Inventories (US) (15:30)
Current Account (GER) (07:00)
MBA Mortgage Applications (US) (12:00)
Wholesales Inventories (US) (15:00)
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