Important events and data releases next week - US non-farm payrolls; European Central Bank, Bank of Canada interest rate decisions; Federal Reserve Beige Book.

date
03/06/2025
Monday: Data: UK May Nationwide House Price Index monthly rate; Switzerland April actual retail sales annual rate; Eurozone and US May Manufacturing PMI final values; UK April Bank of England mortgage approvals; US April construction spending monthly rate. Events: Fed Governor Waller speaks on economic outlook at the 2025 Bank of Korea International Conference. Holidays: Shanghai and Shenzhen Stock Exchanges, domestic futures exchanges closed for Dragon Boat Festival, Hong Kong stock market open as usual, southbound and northbound trading closed. Tuesday: Data: China May Caixin Manufacturing PMI; Switzerland May CPI monthly rate; Eurozone May preliminary CPI and unemployment rate; US April JOLTs job openings, April factory orders monthly rate. Events: Fed's Bullard participates in a Q&A session, Chairman Powell delivers opening remarks at an event; RBA releases June monetary policy meeting minutes; Bank of Japan Governor Kuroda speaks; South Korea holds general election; domestic oil products will start a new round of price adjustments. Holidays: Seoul Stock Exchange closed for one day due to presidential election. Financial report: NIO Inc. Wednesday: Data: US API, EIA crude oil inventories as of May 30; Australia Q1 GDP annual rate; Eurozone and US May Services PMI final values; US May ADP employment numbers. Events: Fed's Bullard participates in a Q&A session, Bostic, Cook attend the "Fed Listens" event; Bank of Canada announces interest rate decision. Thursday: Data: China May Caixin Services PMI; Switzerland May seasonally adjusted unemployment rate; Eurozone April PPI; US May Challenger job cuts; US initial jobless claims for the week, April trade balance; US May Global Supply Chain Pressure Index; US EIA natural gas inventories for the week. Events: Fed releases Beige Book; ECB announces interest rate decision, President Lagarde holds monetary policy press conference; Saudi Aramco announces official crude oil selling price around the 5th of each month. Financial report: Broadcom. Friday: Data: Germany April seasonally adjusted industrial output monthly rate, April seasonally adjusted trade balance; UK May Halifax seasonally adjusted house price index monthly rate; France April industrial output monthly rate, April trade balance; Eurozone Q1 GDP revised annual rate, Q1 seasonally adjusted employment numbers quarterly final values, April retail sales monthly rate; Canada May employment numbers; US May nonfarm payrolls and unemployment rate. Events: Fed Governor Cugler speaks at the New York Economic Club, Harker speaks on economic outlook. Holidays: Seoul Stock Exchange closed for Memorial Day. Saturday: Data: US total number of oil rigs as of June 6; China May foreign exchange reserves. Events: ECB President Lagarde delivers a speech.