Sizable economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Japan: Nikkei flash manufacturing PMI declined to 49.6 in May.
- India: Election results coming out in India, suggesting massive win for the Narendra Modi led BJP.
Upcoming:
- Switzerland: Q1 industrial production report will be released at 6:30 GMT.
- France: Business climate report to be released at 6:45 GMT and flash PMI reports at 7:15 GMT.
- Germany: Flash PM reports will be released at 7:30 GMT, followed by IFO business expectation report at 8:00 GMT.
- Eurozone: Flash PMI reports will be released at 8:00 GMT. ECB’s De Guido set for a speech at 8:40 GMT.
- United States: Weekly jobless claims report to be released at 12:30 GMT, followed by Markit manufacturing PMI at 13:45 GMT, and new home sales report at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT. Several Fed speakers today; Kaplan, Daly, Bostic, and Barkin at 17:00 GMT.
- New Zealand: April trade balance report will be released at 22:45 GMT.