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Retail sales in Japan were down 0.8 percent on year in April, the Ministry of Economy, Trade and Industry reported on Monday. That beat forecasts for a decline of 1.2 percent following the 1.0 percent fall in March. Sales from large retailers slumped 0.8 percent on year - also beating expectations... Read more...

Mexico's unemployment rate unexpectedly eased in April, figures from the statistical office INEGI showed Friday. The seasonally adjusted jobless rate declined to 3.9 percent from 4.2 percent in March. Economists had expected the rate to remain unchanged. The unadjusted unemployment rate, in contrast,... Read more...

Norway's central bank re-appointed Oystein Olsen as its chief for a second six-year term on Friday. Olsen was appointed as Governor of Norges Bank by the Council of State for a second six-year term, the bank said in a statement. He first became the Governor of the Norwegian central Bank in January,... Read more...

It will be appropriate for the Federal Reserve to raise interest this summer if the economy continues to improve, Fed Chair Janet Yellen said Friday afternoon. "I think for the Fed to gradually and cautiously increase our overnight interest over time and probably in the coming months, such a move... Read more...

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Consumer sentiment in the U.S. improved by less than initially estimated in the month of May, according to a report released by the University of Michigan on Friday, although the consumer sentiment index remained at an eleven-month high. Read more...

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While the Commerce Department released a report on Friday showing stronger than previously estimated U.S. economic growth in the first quarter, the pace of growth still reflects a significant slowdown. The report said the pace of growth in gross domestic product was upwardly revised to 0.8 percent. Read more...

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Dutch producer confidence dropped marginally in May after reaching to a 5-year high in the previous month, data from the Central Bureau of Statistics showed Monday. The producer confidence fell to 4.4 in May from 4.7 in April. In March, the reading was 3.9. Producers in the industry in May were... Read more...

Italy's business sentiment weakened unexpectedly in May, monthly survey results from the statistical office Istat showed Friday. The business confidence index fell to 102.1 in May from 102.7 in April. A similar lower reading was last seen in February. Economists had forecast the reading to rise to... Read more...

Lithuania's retail sales growth quickened in April, after easing in the previous month, figures from the Department of Statistics showed Friday. Retail sales, excluding VAT, climbed a working-day-adjusted 6.3 percent year-over-year in April,faster than the 5.0 percent gain in March. In February, sales... Read more...

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New home sales in Australia decreased in April after rising sharply in the previous month, the Housing Industry Association said on Monday, Total home sales fell a seasonally adjusted 4.7 percent in April, in contrast to a 8.9 percent hike in March. Detached house sales dropped 3.0 percent over... Read more...

Japan will on Monday release April figures for retail sales, highlighting a light day for Asia-Pacific economic activity. Retail sales are expected to dip 0.5 percent on month and 1.3 percent on year after rising 1.4 percent on month and falling 1.1 percent on year in March. Sales from large retailers... Read more...

China's industrial profits increased in April but at a slower pace, data from the National Bureau of Statistics showed Friday. Industrial profits grew 4.2 percent year-on-year, much slower than the 11.1 percent expansion seen in March. During January to April, industrial profits increased 6.5... Read more...

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While the Commerce Department released a report on Friday showing stronger than previously estimated U.S. economic growth in the first quarter, the pace of growth still reflects a significant slowdown. Read more...

Iceland's consumer price inflation accelerated for the second straight month in May, though slightly, figures from Statistics Iceland showed Friday. The consumer price index rose 1.7 percent year-over-year in May, faster than the 1.6 percent climb in the previous month. Prices of domestic goods... Read more...

Swedish retail sales growth eased unexpectedly in April, figures from Statistics Sweden revealed Friday. Retail sales increased 1.7 percent year-on-year in April, following March's 1.9 percent growth. Economists had forecast sales growth to improve to 2.8 percent. This was the weakest growth since... Read more...

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Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Monday ,May.30
02:00
Import Price Index (M-o-M)
APR
 
 
0.7 %
Germany
02:45
GDP (Q-o-Q)
Q1 F
 
0.47 %
0.3 %
France
02:45
GDP (Y-o-Y)
Q1 F
 
1.3 %
1.4 %
France
02:45
Consumer Spending (M-o-M)
APR
 
-0.1 %
0.2 %
France
03:00
KOF Swiss Leading Indicator
MAY
 
102.4
102.7
Switzerland
03:00
Flash CPI - EU Harmonised (Y-o-Y)
MAY
 
-1.2 %
-1.2 %
Spain
05:00
Business Climate Indicator
MAY
 
 
0.13
Eurozone
05:00
Consumer Confidence Index
MAY
 
-7
-9.3
Eurozone
05:00
Industrial Confidence Index
MAY
 
-4
-3.7
Eurozone
05:00
Services Confidence Index
MAY
 
11
11.5
Eurozone
08:00
CPI (M-o-M)
MAY P
 
0.5 %
-0.4 %
Germany
08:00
CPI (Y-o-Y)
MAY P
 
0.2 %
-0.1 %
Germany
08:00
CPI - EU Harmonised (Y-o-Y)
MAY P
 
-0.3 %
-0.3 %
Germany
08:30
Current Account Balance - BoP
Q1
 
 
C$ -15.38 B
Canada
08:30
Industrial Product Price (Y-o-Y)
APR
 
 
-2.1 %
Canada
08:30
Raw Materials Price Index (Y-o-Y)
APR
 
 
-9.7 %
Canada
19:30
Job-To-Applicant Ratio
APR
 
1.31
1.30
Japan
19:30
Unemployment Rate
APR
 
3.3 %
3.2 %
Japan
19:30
Current Account Balance - BoP
Q1
 
A$ -19.75 B
A$ -21.1 B
Australia
19:30
Household Spending (Y-o-Y)
APR
 
-0.5 %
-5.3 %
Japan
19:50
Industrial Production (M-o-M)
APR P
 
0.25 %
3.8 %
Japan
19:50
Industrial Production (Y-o-Y)
APR P
 
-0.7 %
0.2 %
Japan
19:50
Capacity Utilization Rate
APR P
 
 
3.2 %
Japan
21:30
M3 Money Supply (M-o-M)
APR
 
 
0.6 %
Australia
21:30
M3 Money Supply (Y-o-Y)
APR
 
 
6.3 %
Australia
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Yellen's Speech Keeps Markets on Tenterhooks

The major U.S. index futures are pointing to a modestly higher opening on Friday, with sentiment still fragile despite GDP data showing an upward revision to first estimates, roughly in line with estimates.  Commodities are mostly lower and the dollar is firmer. The mood across the Atlantic is also wavering...
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