FxWirePro: The Day Ahead- 1st June 2017

Lots of economic data and events scheduled for today and some with high volatility risks associated.

Data released so far:

• China: Caixin manufacturing PMI declines to 49.6 in May from 50.3 in the past month.
   
• Australia: Private capital expenditure grew by 0.3 percent in the first quarter. Retail sales grew by 1 percent in April.
   
• Japan: Nikkei manufacturing PMI improves to 53.1 in May.

Upcoming:

• Japan: Vehicle sales report will be published at 5:00 GMT.
   
• Switzerland: First quarter GDP will be published at 5:45 GMT. Retail sales report will be published at 7:15 GMT, followed by SVME PMI report at 7:30 GMT.
   
• United Kingdom: Nationwide house price report will be published at 6:00 GMT.
   
• Spain: Markit Manufacturing PMI will be reported at 7:15 GMT.
   
• Italy: Markit Manufacturing PMI report will be published at 7:45 GMT, followed by GDP report at 8:00 GMT.
   
• France: Manufacturing PMI report will be published at 7:50 GMT.
   
• Germany: Markit Manufacturing PMI report will be published at 7:55 GMT.
   
• Greece: Manufacturing PMI report will be published at 8:00 GMT.
   
• Eurozone: Manufacturing PMI report will be published at 8:00 GMT.
   
• United Kingdom Manufacturing PMI report will be published at 8:30 GMT.
   
• United States: Challenger jobs report will be published at 11:30 GMT, followed by ADP employment report at 12:15 GMT and weekly jobless claims report at 12:30 GMT. Manufacturing PMI report will be published at 13:45 GMT, followed by ISM manufacturing PMI report at 14:00 GMT. EIA will release the weekly natural gas inventory report at 14:30 GMT and crude oil inventory report at 15:00 GMT.
   
• Auction: France will auction 10-year bond and UK will auction 10-year bond today.