Guide to today’s important data and events

Many economic dockets scheduled for today and some with low to high risks associated.

Data released so far 

• Australia – HIA new home sales declined -4.7% in April. Company gross operating profit declined -4.7% in first quarter.

Upcoming                                                                               

• France – First quarter GDP will be released at 5:30 GMT. Consumer spending will be released at 6:45 GMT.
• Germany – Import price index for April will be released at 6:00 GMT. HICP inflation will be published at 12:00 GMT. Prior -0.3%, expected -0.1% y/y.
• Spain – HICP inflation for May will be published at 7:00 GMT.
• Switzerland – KOF leading indicator for May will be published at 7:00 GMT. Prior 102.7
• Italy – producer price index for April will be released at 8:00 GMT. Prior -3.4% y/y.
• Greece – Greece will announce first quarter GDP at 9:00 GMT.
• Euro Zone – Confidence such as consumer, business, economic will be announced at 9:00 GMT.
• Portugal – Business and consumer confidence will be released around 10:00 GMT.
• Canada – Raw material and industrial product prices will be announced at 12:30 GMT.
• New Zealand – Building permits will be announced at 22:45 GMT.
• Japan – Unemployment report for April will be released along with industrial production.
• Auctions – Italy will auction 10 year bond today.