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*The economic data chart is for the U.S.

New Zealand commodity prices continued to fall in May but the pace of decline slowed notably from April, data from the ANZ showed Thursday. The ANZ commodity price index dropped 0.1 percent on month, slower than the 1.1 percent decrease seen in April. On a yearly basis, commodity prices decreased... Read more...

ecb sep12 04jun20

The interest rate announcement from the European Central Bank is due on Thursday, headlining a light day for the European economic news. The ECB is expected to leave its key interest rate, which is the rate on the main refinancing operations, at a record low zero percent. However, economists expect the bank to boost its stimulus further. The announcement is due at 7.45 am ET. Read more...

Brazil's service sector shrank drastically in May as the coronavirus, or Covid-19, pandemic continued to hurt the economy severely, survey data from IHS Markit showed on Wednesday. The services Purchasing Managers' Index was at 27.6 in May, largely unchanged from 27.4 in April. A PMI reading below... Read more...

factory orders 060320

After reporting a steep drop in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Wednesday showing another nosedive in factory orders in the month of April. Read more...

ism non manu 060320

Activity in the U.S. service sector continued to contract in the month of May, although a report released by the Institute for Supply Management on Wednesday showed the pace of contraction slowed by even more than economists had been expecting. Read more...

adp3 060320

After reporting a record drop in private sector employment in the previous month, payroll processor ADP released a report on Wednesday showing the pace of job losses slowed by much more than anticipated in the month of May. Read more...

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Ireland's service sector continued to contract in May due to the ongoing lockdown measures to control the spread of coronavirus, or Covid-19, survey data from IHS Markit showed on Thursday. The services Purchasing Managers' Index rose to 23.4 in May from a record-low of 13.9 in April. A score below... Read more...

eurozone 112819 03jun20

The euro area unemployment rate increased only moderately in April despite containment measures implemented to prevent the spread of coronavirus, or Covid-19, across member countries. The jobless rate rose to a three-month high of 7.3 percent in April from 7.1 percent in March, data from Eurostat showed Wednesday. But this was below economists' forecast of 8.2 percent. Read more...

Latvia's industrial production declined for the second straight month in April, data from the Central Statistical Bureau showed on Wednesday. Industrial production fell 7.4 percent month-on-month in April, following a 4.0 percent drop in March. On a yearly basis, industrial production decreased... Read more...

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Malaysia's exports logged its biggest decline since the global financial crisis in 2009, data from the Department of Statistics showed on Thursday. Exports fell 23.8 percent year-on-year to MYR 64.9 billion in April. Economists had expected a 15.1 percent decline. This was the largest decline since... Read more...

Australia's government unveiled a stimulus package to support housing market activity and to generate more jobs in the construction sector as the economy is set to enter its first recession in 29 years. The new HomeBuilder program will provide all eligible owner-occupiers, not just first home buyers,... Read more...

trade

Australia posted a seasonally adjusted merchandise trade surplus of A$8.800 billion in April, the Australian Bureau of Statistics said on Thursday - down 16 percent on month. That exceeded expectations for a surplus of A$7.5 billion following the downwardly revised A$10.44 billion surplus in March... Read more...

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Australia had a seasonally adjusted merchandise trade surplus of A$8.800 billion in April, the Australian Bureau of Statistics said on Thursday - down 16 percent on month. That exceeded expectations for a surplus of A$7.5 billion following the downwardly revised A$10.44 billion surplus in March (originally... Read more...

The total value of retail sales in Australia tumbled by a seasonally adjusted 17.7 percent on month in April, the Australian Bureau of Statistics said on Thursday - coming in at A$24.791 billion. That was slightly better than expectations for a decline of 17.9 percent following the 8.5 percent increase... Read more...

bank of korea 040915

South Korea posted a current account deficit of $3.12 billion in April, the Bank of Korea said on Thursday. That follows the downwardly revised surplus of $5.95 billion in March (originally $6.23 billion). The goods account surplus narrowed to $0.82 billion, compared to $5.61 billion in April. The... Read more...

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Time (et)
Economic Indicator
Period
Actual
Forecast
Previous
Country
Thursday ,Jun.4
Monetary Policy Meeting
-
 
 
-
Eurozone
02:30
CPI (M-o-M)
MAY
0.0 %
0.1 %
-0.4 %
Switzerland
02:30
CPI (Y-o-Y)
MAY
-1.3 %
-1.3 %
-1.1 %
Switzerland
02:30
CPI - EU Harmonised (Y-o-Y)
MAY
-1.0 %
 
-1.0 %
Switzerland
03:30
PMI Construction
MAY
40.1
 
31.9
Germany
04:30
PMI Construction
MAY
 
 
8.2
UK
05:00
Retail Sales (M-o-M)
APR
 
-15 %
-11.2 %
Eurozone
05:00
Retail Sales (Y-o-Y)
APR
 
-22.9 %
-9.2 %
Eurozone
07:45
Interest Rate Decision
-
 
-0.5 %
0.0 %
Eurozone
08:30
Exports
APR
 
 
C$ 42.26 M
Canada
08:30
Imports
APR
 
 
C$ 47.67 M
Canada
08:30
Real Time Compensations (Q-o-Q)
Q1 F
 
 
-0.2 %
United States
08:30
Real Time Compensations (Y-o-Y)
Q1 F
 
 
1.5 %
United States
08:30
Unit Labor Cost (Q-o-Q)
Q1 F
 
 
0.9 %
United States
08:30
Unit Labor Cost (Y-o-Y)
Q1 F
 
 
1.7 %
United States
08:30
Trade Balance
APR
 
$ -28.5 B
$ -44.42 B
United States
08:30
Exports
APR
 
 
$ 187.75 B
United States
08:30
Imports
APR
 
 
$ 232.16 B
United States
08:30
Initial Jobless Claims
MAY 30
 
1800 K
2123 K
United States
10:30
EIA Natural Gas Inventory (Cubic Feet)
MAY 29
 
 
2612 B
United States
19:01
GfK Consumer Confidence Survey
JUN
 
 
-34
UK
19:30
Household Spending (Y-o-Y)
MAY
 
 
-6.0 %
Japan
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Significant Slowdown In Job Losses May Add To Economic Optimism

The major U.S. index futures are pointing to a higher open on Wednesday, with stocks likely to extend the upward trend seen in recent sessions. The markets seem likely to benefit from continued optimism about an economy recovery as businesses reopen following the coronavirus-induced shutdown. Stocks...
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