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    Economic Calendar

    Summary 5/22 – 5/26

    Monday, May 22, 2023
    GMT Ccy Events Consensus Previous
    23:50 JPY Machinery Orders M/M Mar 0.70% -4.50%
    10:00 EUR German Buba Monthly Report
    14:00 EUR Eurozone Consumer Confidence May P -17 -18
    23:00 AUD Manufacturing PMI May P 48
    23:00 AUD Services PMI May P 53.7
    GMT Ccy Events
    23:50 JPY Machinery Orders M/M Mar
        Forecast: 0.70% Previous: -4.50%
    10:00 EUR German Buba Monthly Report
        Forecast: Previous:
    14:00 EUR Eurozone Consumer Confidence May P
        Forecast: -17 Previous: -18
    23:00 AUD Manufacturing PMI May P
        Forecast: Previous: 48
    23:00 AUD Services PMI May P
        Forecast: Previous: 53.7
    Tuesday, May 23, 2023
    GMT Ccy Events Consensus Previous
    00:30 JPY Manufacturing PMI May P 49.5
    06:00 GBP Public Sector Net Borrowing (GBP) Apr 17.5B 20.7B
    07:15 EUR France Manufacturing PMI May P 46.1 45.6
    07:15 EUR France Services PMI May P 54.3 54.6
    07:30 EUR Germany Manufacturing PMI May P 45.2 44.5
    07:30 EUR Germany Services PMI May P 55.5 56
    08:00 EUR Eurozone Manufacturing PMI May P 46.2 45.8
    08:00 EUR Eurozone Services PMI May P 55.6 56.2
    08:00 EUR Current Account (EUR) Mar 20.2B 24.3B
    08:30 GBP Manufacturing PMI May P 48.2 47.8
    08:30 GBP Services PMI May P 55.5 55.9
    12:30 CAD Industrial Product Price M/M Apr 0.20% 0.10%
    12:30 CAD Raw Material Price Index Apr 0.70% -1.70%
    13:45 USD Manufacturing PMI May P 50.0 50.2
    13:45 USD Services PMI May P 53.6 53.6
    13:45 USD Composite PMI May P 50 53.4
    14:00 USD New Home Sales Apr 665K 683K
    22:45 NZD Retail Sales Q/Q Q1 -0.60%
    22:45 NZD Retail Sales ex Autos Q/Q Q1 -1.30%
    GMT Ccy Events
    00:30 JPY Manufacturing PMI May P
        Forecast: Previous: 49.5
    06:00 GBP Public Sector Net Borrowing (GBP) Apr
        Forecast: 17.5B Previous: 20.7B
    07:15 EUR France Manufacturing PMI May P
        Forecast: 46.1 Previous: 45.6
    07:15 EUR France Services PMI May P
        Forecast: 54.3 Previous: 54.6
    07:30 EUR Germany Manufacturing PMI May P
        Forecast: 45.2 Previous: 44.5
    07:30 EUR Germany Services PMI May P
        Forecast: 55.5 Previous: 56
    08:00 EUR Eurozone Manufacturing PMI May P
        Forecast: 46.2 Previous: 45.8
    08:00 EUR Eurozone Services PMI May P
        Forecast: 55.6 Previous: 56.2
    08:00 EUR Current Account (EUR) Mar
        Forecast: 20.2B Previous: 24.3B
    08:30 GBP Manufacturing PMI May P
        Forecast: 48.2 Previous: 47.8
    08:30 GBP Services PMI May P
        Forecast: 55.5 Previous: 55.9
    12:30 CAD Industrial Product Price M/M Apr
        Forecast: 0.20% Previous: 0.10%
    12:30 CAD Raw Material Price Index Apr
        Forecast: 0.70% Previous: -1.70%
    13:45 USD Manufacturing PMI May P
        Forecast: 50.0 Previous: 50.2
    13:45 USD Services PMI May P
        Forecast: 53.6 Previous: 53.6
    13:45 USD Composite PMI May P
        Forecast: 50 Previous: 53.4
    14:00 USD New Home Sales Apr
        Forecast: 665K Previous: 683K
    22:45 NZD Retail Sales Q/Q Q1
        Forecast: Previous: -0.60%
    22:45 NZD Retail Sales ex Autos Q/Q Q1
        Forecast: Previous: -1.30%
    Wednesday, May 24, 2023
    GMT Ccy Events Consensus Previous
    00:30 AUD Westpac Leading Index M/M Apr 0.00%
    02:00 NZD RBNZ Rate Decision 5.50% 5.25%
    03:00 NZD RBNZ Press Conference
    06:00 GBP CPI M/M Apr 1.70% 0.80%
    06:00 GBP CPI Y/Y Apr 8.20% 10.10%
    06:00 GBP Core CPI Y/Y Apr 6.20% 6.20%
    06:00 GBP RPI M/M Apr 1.70% 0.70%
    06:00 GBP RPI Y/Y Apr 11.20% 13.50%
    06:00 GBP PPI Input M/M Apr -0.50% 0.20%
    06:00 GBP PPI Input Y/Y Apr 3.80% 7.60%
    06:00 GBP PPI Output M/M Apr -0.10% 0.10%
    06:00 GBP PPI Output Y/Y Apr 7.40% 8.70%
    06:00 GBP PPI Core Output M/M Apr 0.10% 0.30%
    06:00 GBP PPI Core Output Y/Y Apr 7.30% 8.50%
    08:00 EUR Germany IFO Business Climate May 93.4 93.6
    08:00 EUR Germany IFO Current Assessment May 95.2 95
    08:00 EUR Germany IFO Expectations May 91.7 92.2
    14:30 USD Crude Oil Inventories 5.0M
    18:00 USD FOMC Minutes
    GMT Ccy Events
    00:30 AUD Westpac Leading Index M/M Apr
        Forecast: Previous: 0.00%
    02:00 NZD RBNZ Rate Decision
        Forecast: 5.50% Previous: 5.25%
    03:00 NZD RBNZ Press Conference
        Forecast: Previous:
    06:00 GBP CPI M/M Apr
        Forecast: 1.70% Previous: 0.80%
    06:00 GBP CPI Y/Y Apr
        Forecast: 8.20% Previous: 10.10%
    06:00 GBP Core CPI Y/Y Apr
        Forecast: 6.20% Previous: 6.20%
    06:00 GBP RPI M/M Apr
        Forecast: 1.70% Previous: 0.70%
    06:00 GBP RPI Y/Y Apr
        Forecast: 11.20% Previous: 13.50%
    06:00 GBP PPI Input M/M Apr
        Forecast: -0.50% Previous: 0.20%
    06:00 GBP PPI Input Y/Y Apr
        Forecast: 3.80% Previous: 7.60%
    06:00 GBP PPI Output M/M Apr
        Forecast: -0.10% Previous: 0.10%
    06:00 GBP PPI Output Y/Y Apr
        Forecast: 7.40% Previous: 8.70%
    06:00 GBP PPI Core Output M/M Apr
        Forecast: 0.10% Previous: 0.30%
    06:00 GBP PPI Core Output Y/Y Apr
        Forecast: 7.30% Previous: 8.50%
    08:00 EUR Germany IFO Business Climate May
        Forecast: 93.4 Previous: 93.6
    08:00 EUR Germany IFO Current Assessment May
        Forecast: 95.2 Previous: 95
    08:00 EUR Germany IFO Expectations May
        Forecast: 91.7 Previous: 92.2
    14:30 USD Crude Oil Inventories
        Forecast: Previous: 5.0M
    18:00 USD FOMC Minutes
        Forecast: Previous:
    Thursday, May 25, 2023
    GMT Ccy Events Consensus Previous
    06:00 EUR Germany Gfk Consumer Confidence Jun -24.5 -25.7
    06:00 EUR Germany GDP Q/Q Q1 F 0% 0%
    12:30 USD Initial Jobless Claims (May 19) 253K 242K
    12:30 USD Initial Jobless Claims 4-week average (May 19) 244.25K
    12:30 USD Continuing Jobless Claims (May 12) 1.806M 1.799M
    12:30 USD GDP Price Index Q1 P 4% 4%
    12:30 USD GDP Annualized Q1 P 1.10% 1.10%
    14:00 USD Pending Home Sales M/M Apr 1.20% -5.20%
    14:30 USD Natural Gas Storage 99B
    23:30 JPY Tokyo CPI Core Y/Y May 3.40% 3.50%
    23:50 JPY Corporate Service Price Index Y/Y Apr 1.40% 1.60%
    GMT Ccy Events
    06:00 EUR Germany Gfk Consumer Confidence Jun
        Forecast: -24.5 Previous: -25.7
    06:00 EUR Germany GDP Q/Q Q1 F
        Forecast: 0% Previous: 0%
    12:30 USD Initial Jobless Claims (May 19)
        Forecast: 253K Previous: 242K
    12:30 USD Initial Jobless Claims 4-week average (May 19)
        Forecast: Previous: 244.25K
    12:30 USD Continuing Jobless Claims (May 12)
        Forecast: 1.806M Previous: 1.799M
    12:30 USD GDP Price Index Q1 P
        Forecast: 4% Previous: 4%
    12:30 USD GDP Annualized Q1 P
        Forecast: 1.10% Previous: 1.10%
    14:00 USD Pending Home Sales M/M Apr
        Forecast: 1.20% Previous: -5.20%
    14:30 USD Natural Gas Storage
        Forecast: Previous: 99B
    23:30 JPY Tokyo CPI Core Y/Y May
        Forecast: 3.40% Previous: 3.50%
    23:50 JPY Corporate Service Price Index Y/Y Apr
        Forecast: 1.40% Previous: 1.60%
    Friday, May 26, 2023
    GMT Ccy Events Consensus Previous
    01:30 AUD Retail Sales M/M Apr 0.30% 0.40%
    06:00 GBP Retail Sales M/M Apr 0.00% -0.90%
    12:30 USD Durable Goods Orders Apr -0.90% 3.20%
    12:30 USD Durable Goods Orders ex Transportation Apr 0.00% 0.20%
    12:30 USD Personal Income M/M Apr 0.40% 0.30%
    12:30 USD Personal Spending M/M Apr 0.40% 0.00%
    12:30 USD PCE Price Index M/M Apr 0.40% 0.10%
    12:30 USD PCE Price Index Y/Y Apr 3.90% 4.20%
    12:30 USD Core PCE Price Index M/M Apr 0.40% 0.30%
    12:30 USD Core PCE Price Index Y/Y Apr 5.00% 4.60%
    12:30 USD Goods Trade Balance (USD) Apr P -85.6B -84.6B
    12:30 USD Wholesale Inventories Apr P 0.10% 0.00%
    14:00 USD Michigan Consumer Sentiment Index May F 58.2 57.7
    GMT Ccy Events
    01:30 AUD Retail Sales M/M Apr
        Forecast: 0.30% Previous: 0.40%
    06:00 GBP Retail Sales M/M Apr
        Forecast: 0.00% Previous: -0.90%
    12:30 USD Durable Goods Orders Apr
        Forecast: -0.90% Previous: 3.20%
    12:30 USD Durable Goods Orders ex Transportation Apr
        Forecast: 0.00% Previous: 0.20%
    12:30 USD Personal Income M/M Apr
        Forecast: 0.40% Previous: 0.30%
    12:30 USD Personal Spending M/M Apr
        Forecast: 0.40% Previous: 0.00%
    12:30 USD PCE Price Index M/M Apr
        Forecast: 0.40% Previous: 0.10%
    12:30 USD PCE Price Index Y/Y Apr
        Forecast: 3.90% Previous: 4.20%
    12:30 USD Core PCE Price Index M/M Apr
        Forecast: 0.40% Previous: 0.30%
    12:30 USD Core PCE Price Index Y/Y Apr
        Forecast: 5.00% Previous: 4.60%
    12:30 USD Goods Trade Balance (USD) Apr P
        Forecast: -85.6B Previous: -84.6B
    12:30 USD Wholesale Inventories Apr P
        Forecast: 0.10% Previous: 0.00%
    14:00 USD Michigan Consumer Sentiment Index May F
        Forecast: 58.2 Previous: 57.7

    Eco Data 5/19/23

    GMT Ccy Events Actual Consensus Previous Revised
    22:45 NZD Trade Balance (NZD) Apr 427M -1310M -1273M -1586M
    23:01 GBP GfK Consumer Confidence May -27 -30
    23:30 JPY National CPI Y/Y Apr 3.50% 3.20%
    23:30 JPY National CPI Core Y/Y Apr 3.40% 3.40% 3.10%
    23:30 JPY National CPI Core-core Y/Y Apr 4.10% 3.80%
    04:30 JPY Tertiary Industry Index M/M Mar -1.70% -0.10% 0.70% 1.70%
    06:00 EUR Germany PPI M/M Apr 0.30% -0.50% -2.60% -1.40%
    06:00 EUR Germany PPI Y/Y Apr 4.10% 4.00% 7.50% 6.70%
    08:00 EUR ECB Economic Bulletin
    12:30 CAD Retail Sales M/M Mar -1.40% -1.30% -0.20%
    12:30 CAD Retail Sales ex Autos M/M Mar -0.30% -0.80% -0.70%
    GMT Ccy Events
    22:45 NZD Trade Balance (NZD) Apr
        Actual: 427M Forecast: -1310M
        Previous: -1273M Revised: -1586M
    23:01 GBP GfK Consumer Confidence May
        Actual: Forecast: -27
        Previous: -30 Revised:
    23:30 JPY National CPI Y/Y Apr
        Actual: 3.50% Forecast:
        Previous: 3.20% Revised:
    23:30 JPY National CPI Core Y/Y Apr
        Actual: 3.40% Forecast: 3.40%
        Previous: 3.10% Revised:
    23:30 JPY National CPI Core-core Y/Y Apr
        Actual: 4.10% Forecast:
        Previous: 3.80% Revised:
    04:30 JPY Tertiary Industry Index M/M Mar
        Actual: -1.70% Forecast: -0.10%
        Previous: 0.70% Revised: 1.70%
    06:00 EUR Germany PPI M/M Apr
        Actual: 0.30% Forecast: -0.50%
        Previous: -2.60% Revised: -1.40%
    06:00 EUR Germany PPI Y/Y Apr
        Actual: 4.10% Forecast: 4.00%
        Previous: 7.50% Revised: 6.70%
    08:00 EUR ECB Economic Bulletin
        Actual: Forecast:
        Previous: Revised:
    12:30 CAD Retail Sales M/M Mar
        Actual: -1.40% Forecast: -1.30%
        Previous: -0.20% Revised:
    12:30 CAD Retail Sales ex Autos M/M Mar
        Actual: -0.30% Forecast: -0.80%
        Previous: -0.70% Revised:

    Eco Data 5/18/23

    GMT Ccy Events Actual Consensus Previous Revised
    22:45 NZD PPI Input Q/Q Q1 0.20% 0.50% 0.50%
    22:45 NZD PPI Output Q/Q Q1 0.30% 0.80% 0.90%
    23:50 JPY Trade Balance (JPY) Apr -1.02T -1.08T -1.21T
    01:30 AUD Employment Change Apr -4.3K 25K 53K 61.1K
    01:30 AUD Unemployment Rate Apr 3.70% 3.50% 3.50%
    12:30 CAD New Housing Price Index M/M Apr -0.10% -0.10% 0.00%
    12:30 USD Initial Jobless Claims (May 12) 242K 260K 264K
    12:30 USD Philadelphia Fed Survey May -10.4 -20 -31.3
    14:00 USD Existing Home Sales Apr 4.28M 4.35M 4.44M 4.43M
    14:30 USD Natural Gas Storage 99B 109B 78B
    GMT Ccy Events
    22:45 NZD PPI Input Q/Q Q1
        Actual: 0.20% Forecast: 0.50%
        Previous: 0.50% Revised:
    22:45 NZD PPI Output Q/Q Q1
        Actual: 0.30% Forecast: 0.80%
        Previous: 0.90% Revised:
    23:50 JPY Trade Balance (JPY) Apr
        Actual: -1.02T Forecast: -1.08T
        Previous: -1.21T Revised:
    01:30 AUD Employment Change Apr
        Actual: -4.3K Forecast: 25K
        Previous: 53K Revised: 61.1K
    01:30 AUD Unemployment Rate Apr
        Actual: 3.70% Forecast: 3.50%
        Previous: 3.50% Revised:
    12:30 CAD New Housing Price Index M/M Apr
        Actual: -0.10% Forecast: -0.10%
        Previous: 0.00% Revised:
    12:30 USD Initial Jobless Claims (May 12)
        Actual: 242K Forecast: 260K
        Previous: 264K Revised:
    12:30 USD Philadelphia Fed Survey May
        Actual: -10.4 Forecast: -20
        Previous: -31.3 Revised:
    14:00 USD Existing Home Sales Apr
        Actual: 4.28M Forecast: 4.35M
        Previous: 4.44M Revised: 4.43M
    14:30 USD Natural Gas Storage
        Actual: 99B Forecast: 109B
        Previous: 78B Revised:

    Eco Data 5/17/23

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY GDP Annualized Q1 P 0.40% 0.20% 0.10%
    23:50 JPY GDP Deflator Y/Y Q1 P 2.00% 2.00% 1.20%
    01:30 AUD Wage Price Index Q/Q Q1 0.80% 0.90% 0.80%
    04:30 JPY Industrial Production M/M Mar F 1.10% 0.80% 0.80%
    08:00 EUR Italy Trade Balance (EUR) Mar 7.54B 2.50B 2.11B
    09:00 EUR Eurozone CPI Y/Y Apr F 7.00% 7.00% 7.00%
    09:00 EUR Eurozone CPI Core Y/Y Apr F 5.60% 5.60% 5.60%
    12:30 USD Housing Starts Apr 1.42M 1.40M 1.42M 1.43M
    12:30 USD Building Permits Apr 1.42M 1.44M 1.43M 1.37M
    14:30 USD Crude Oil Inventories 5.0M -1.5M 3.0M
    GMT Ccy Events
    23:50 JPY GDP Annualized Q1 P
        Actual: 0.40% Forecast: 0.20%
        Previous: 0.10% Revised:
    23:50 JPY GDP Deflator Y/Y Q1 P
        Actual: 2.00% Forecast: 2.00%
        Previous: 1.20% Revised:
    01:30 AUD Wage Price Index Q/Q Q1
        Actual: 0.80% Forecast: 0.90%
        Previous: 0.80% Revised:
    04:30 JPY Industrial Production M/M Mar F
        Actual: 1.10% Forecast: 0.80%
        Previous: 0.80% Revised:
    08:00 EUR Italy Trade Balance (EUR) Mar
        Actual: 7.54B Forecast: 2.50B
        Previous: 2.11B Revised:
    09:00 EUR Eurozone CPI Y/Y Apr F
        Actual: 7.00% Forecast: 7.00%
        Previous: 7.00% Revised:
    09:00 EUR Eurozone CPI Core Y/Y Apr F
        Actual: 5.60% Forecast: 5.60%
        Previous: 5.60% Revised:
    12:30 USD Housing Starts Apr
        Actual: 1.42M Forecast: 1.40M
        Previous: 1.42M Revised: 1.43M
    12:30 USD Building Permits Apr
        Actual: 1.42M Forecast: 1.44M
        Previous: 1.43M Revised: 1.37M
    14:30 USD Crude Oil Inventories
        Actual: 5.0M Forecast: -1.5M
        Previous: 3.0M Revised:

    Eco Data 5/16/23

    GMT Ccy Events Actual Consensus Previous Revised
    01:30 AUD RBA Meeting Minutes
    02:00 CNY Industrial Production Y/Y Apr 5.60% 10.10% 3.90%
    02:00 CNY Fixed Asset Investment YTD Y/Y Apr 4.70% 5.20% 5.10%
    02:00 CNY Retail Sales Y/Y Apr 18.40% 20.10% 10.60%
    06:00 GBP Claimant Count Change Apr 46.7K 31.2K 28.2K
    06:00 GBP ILO Unemployment Rate (3M) Mar 3.90% 3.80% 3.80%
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar 5.80% 5.10% 5.90%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar 6.70% 6.80% 6.60%
    09:00 EUR Eurozone Trade Balance (EUR) Mar 17.0B 5.6B -0.1B
    09:00 EUR Eurozone GDP Q/Q Q1 P 0.10% 0.10% 0.10%
    09:00 EUR Germany ZEW Economic Sentiment May -10.7 -5 4.1
    09:00 EUR Germany ZEW Current Situation May -34.8 -35.3 -32.5
    09:00 EUR Eurozone ZEW Economic Sentiment May -9.4 2.3 6.4
    09:00 EUR Eurozone Employment Change Q/Q Q1 P 0.60% 0.30% 0.30%
    12:30 CAD Manufacturing Sales M/M Mar 0.70% 0.70% -3.60%
    12:30 CAD CPI M/M Apr 0.70% 0.50% 0.50%
    12:30 CAD CPI Y/Y Apr 4.40% 4.10% 4.30%
    12:30 CAD CPI Median Y/Y Apr 4.20% 4.30% 4.60% 4.50%
    12:30 CAD CPI Trimmed Y/Y Apr 4.20% 4.10% 4.40%
    12:30 CAD CPI Common Y/Y Apr 5.70% 5.50% 5.90% 6.00%
    12:30 USD Retail Sales M/M Apr 0.40% 0.80% -0.60% -0.70%
    12:30 USD Retail Sales ex Autos M/M Apr 0.40% 0.50% -0.40% -0.50%
    13:15 USD Industrial Production M/M Apr 0.50% 0.00% 0.40%
    13:15 USD Capacity Utilization Apr 79.70% 79.70% 79.80% 79.40%
    14:00 USD Business Inventories Mar -0.10% 0.10% 0.20%
    14:00 USD NAHB Housing Market Index May 50 45 45
    GMT Ccy Events
    01:30 AUD RBA Meeting Minutes
        Actual: Forecast:
        Previous: Revised:
    02:00 CNY Industrial Production Y/Y Apr
        Actual: 5.60% Forecast: 10.10%
        Previous: 3.90% Revised:
    02:00 CNY Fixed Asset Investment YTD Y/Y Apr
        Actual: 4.70% Forecast: 5.20%
        Previous: 5.10% Revised:
    02:00 CNY Retail Sales Y/Y Apr
        Actual: 18.40% Forecast: 20.10%
        Previous: 10.60% Revised:
    06:00 GBP Claimant Count Change Apr
        Actual: 46.7K Forecast: 31.2K
        Previous: 28.2K Revised:
    06:00 GBP ILO Unemployment Rate (3M) Mar
        Actual: 3.90% Forecast: 3.80%
        Previous: 3.80% Revised:
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar
        Actual: 5.80% Forecast: 5.10%
        Previous: 5.90% Revised:
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar
        Actual: 6.70% Forecast: 6.80%
        Previous: 6.60% Revised:
    09:00 EUR Eurozone Trade Balance (EUR) Mar
        Actual: 17.0B Forecast: 5.6B
        Previous: -0.1B Revised:
    09:00 EUR Eurozone GDP Q/Q Q1 P
        Actual: 0.10% Forecast: 0.10%
        Previous: 0.10% Revised:
    09:00 EUR Germany ZEW Economic Sentiment May
        Actual: -10.7 Forecast: -5
        Previous: 4.1 Revised:
    09:00 EUR Germany ZEW Current Situation May
        Actual: -34.8 Forecast: -35.3
        Previous: -32.5 Revised:
    09:00 EUR Eurozone ZEW Economic Sentiment May
        Actual: -9.4 Forecast: 2.3
        Previous: 6.4 Revised:
    09:00 EUR Eurozone Employment Change Q/Q Q1 P
        Actual: 0.60% Forecast: 0.30%
        Previous: 0.30% Revised:
    12:30 CAD Manufacturing Sales M/M Mar
        Actual: 0.70% Forecast: 0.70%
        Previous: -3.60% Revised:
    12:30 CAD CPI M/M Apr
        Actual: 0.70% Forecast: 0.50%
        Previous: 0.50% Revised:
    12:30 CAD CPI Y/Y Apr
        Actual: 4.40% Forecast: 4.10%
        Previous: 4.30% Revised:
    12:30 CAD CPI Median Y/Y Apr
        Actual: 4.20% Forecast: 4.30%
        Previous: 4.60% Revised: 4.50%
    12:30 CAD CPI Trimmed Y/Y Apr
        Actual: 4.20% Forecast: 4.10%
        Previous: 4.40% Revised:
    12:30 CAD CPI Common Y/Y Apr
        Actual: 5.70% Forecast: 5.50%
        Previous: 5.90% Revised: 6.00%
    12:30 USD Retail Sales M/M Apr
        Actual: 0.40% Forecast: 0.80%
        Previous: -0.60% Revised: -0.70%
    12:30 USD Retail Sales ex Autos M/M Apr
        Actual: 0.40% Forecast: 0.50%
        Previous: -0.40% Revised: -0.50%
    13:15 USD Industrial Production M/M Apr
        Actual: 0.50% Forecast: 0.00%
        Previous: 0.40% Revised:
    13:15 USD Capacity Utilization Apr
        Actual: 79.70% Forecast: 79.70%
        Previous: 79.80% Revised: 79.40%
    14:00 USD Business Inventories Mar
        Actual: -0.10% Forecast: 0.10%
        Previous: 0.20% Revised:
    14:00 USD NAHB Housing Market Index May
        Actual: 50 Forecast: 45
        Previous: 45 Revised:

    Eco Data 5/15/23

    GMT Ccy Events Actual Consensus Previous Revised
    22:30 NZD Business NZ PSI Apr 49.8 54.4 53.8
    23:50 JPY PPI Y/Y Apr 5.80% 5.60% 7.20% 7.40%
    06:30 CHF Producer and Import Prices M/M Apr 0.20% -0.10% 0.20%
    06:30 CHF Producer and Import Prices Y/Y Apr 1.00% 1.10% 2.10%
    09:00 EUR EU Economic Forecasts
    09:00 EUR Eurozone Industrial Production M/M Mar -4.10% -1.20% 1.50%
    12:15 CAD Housing Starts Y/Y Apr 262K 221K 214K
    12:30 USD Empire State Manufacturing Index May -31.8 -1.9 10.8
    GMT Ccy Events
    22:30 NZD Business NZ PSI Apr
        Actual: 49.8 Forecast:
        Previous: 54.4 Revised: 53.8
    23:50 JPY PPI Y/Y Apr
        Actual: 5.80% Forecast: 5.60%
        Previous: 7.20% Revised: 7.40%
    06:30 CHF Producer and Import Prices M/M Apr
        Actual: 0.20% Forecast: -0.10%
        Previous: 0.20% Revised:
    06:30 CHF Producer and Import Prices Y/Y Apr
        Actual: 1.00% Forecast: 1.10%
        Previous: 2.10% Revised:
    09:00 EUR EU Economic Forecasts
        Actual: Forecast:
        Previous: Revised:
    09:00 EUR Eurozone Industrial Production M/M Mar
        Actual: -4.10% Forecast: -1.20%
        Previous: 1.50% Revised:
    12:15 CAD Housing Starts Y/Y Apr
        Actual: 262K Forecast: 221K
        Previous: 214K Revised:
    12:30 USD Empire State Manufacturing Index May
        Actual: -31.8 Forecast: -1.9
        Previous: 10.8 Revised:

    Summary 5/15 – 5/19

    Monday, May 15, 2023
    GMT Ccy Events Consensus Previous
    22:30 NZD Business NZ PSI Apr 54.4
    23:50 JPY PPI Y/Y Apr 5.60% 7.20%
    06:30 CHF Producer and Import Prices M/M Apr -0.10% 0.20%
    06:30 CHF Producer and Import Prices Y/Y Apr 1.10% 2.10%
    09:00 EUR EU Economic Forecasts
    09:00 EUR Eurozone Industrial Production M/M Mar -1.20% 1.50%
    12:15 CAD Housing Starts Y/Y Apr 214K
    12:30 CAD Wholesale Sales M/M Mar 0.20% -1.70%
    12:30 USD Empire State Manufacturing Index May -1.9 10.8
    GMT Ccy Events
    22:30 NZD Business NZ PSI Apr
        Forecast: Previous: 54.4
    23:50 JPY PPI Y/Y Apr
        Forecast: 5.60% Previous: 7.20%
    06:30 CHF Producer and Import Prices M/M Apr
        Forecast: -0.10% Previous: 0.20%
    06:30 CHF Producer and Import Prices Y/Y Apr
        Forecast: 1.10% Previous: 2.10%
    09:00 EUR EU Economic Forecasts
        Forecast: Previous:
    09:00 EUR Eurozone Industrial Production M/M Mar
        Forecast: -1.20% Previous: 1.50%
    12:15 CAD Housing Starts Y/Y Apr
        Forecast: Previous: 214K
    12:30 CAD Wholesale Sales M/M Mar
        Forecast: 0.20% Previous: -1.70%
    12:30 USD Empire State Manufacturing Index May
        Forecast: -1.9 Previous: 10.8
    Tuesday, May 16, 2023
    GMT Ccy Events Consensus Previous
    01:30 AUD RBA Meeting Minutes
    02:00 CNY Industrial Production Y/Y Apr 10.10% 3.90%
    02:00 CNY Fixed Asset Investment YTD Y/Y Apr 5.20% 5.10%
    02:00 CNY Retail Sales Y/Y Apr 20.10% 10.60%
    06:00 GBP Claimant Count Change Apr 31.2K 28.2K
    06:00 GBP ILO Unemployment Rate (3M) Mar 3.80% 3.80%
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar 5.10% 5.90%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar 6.80% 6.60%
    06:00 GBP Claimant Count Rate Apr 3.90%
    09:00 EUR Eurozone Trade Balance (EUR) Mar 5.6B -0.1B
    09:00 EUR Eurozone GDP Q/Q Q1 P 0.10% 0.10%
    09:00 EUR Germany ZEW Economic Sentiment May -5 4.1
    09:00 EUR Germany ZEW Current Situation May -35.3 -32.5
    09:00 EUR Eurozone ZEW Economic Sentiment May 2.3 6.4
    09:00 EUR Eurozone Employment Change Q/Q Q1 P 0.30% 0.30%
    12:30 CAD Manufacturing Sales M/M Mar -3.60%
    12:30 CAD CPI M/M Apr 0.90% 0.50%
    12:30 CAD CPI Y/Y Apr 4.30%
    12:30 CAD CPI Median Y/Y Apr 4.60%
    12:30 CAD CPI Trimmed Y/Y Apr 4.40%
    12:30 CAD CPI Common Y/Y Apr 5.90%
    12:30 USD Retail Sales M/M Apr 0.70% -0.60%
    12:30 USD Retail Sales ex Autos M/M Apr 0.30% -0.40%
    13:15 USD Industrial Production M/M Apr 0.00% 0.40%
    13:15 USD Capacity Utilization Apr 79.70% 79.80%
    14:00 USD Business Inventories Mar 0.10% 0.20%
    14:00 USD NAHB Housing Market Index May 45 45
    23:50 JPY GDP Annualized Q1 P 0.20% 0.10%
    23:50 JPY GDP Deflator Y/Y Q1 P 2.00% 1.20%
    GMT Ccy Events
    01:30 AUD RBA Meeting Minutes
        Forecast: Previous:
    02:00 CNY Industrial Production Y/Y Apr
        Forecast: 10.10% Previous: 3.90%
    02:00 CNY Fixed Asset Investment YTD Y/Y Apr
        Forecast: 5.20% Previous: 5.10%
    02:00 CNY Retail Sales Y/Y Apr
        Forecast: 20.10% Previous: 10.60%
    06:00 GBP Claimant Count Change Apr
        Forecast: 31.2K Previous: 28.2K
    06:00 GBP ILO Unemployment Rate (3M) Mar
        Forecast: 3.80% Previous: 3.80%
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar
        Forecast: 5.10% Previous: 5.90%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar
        Forecast: 6.80% Previous: 6.60%
    06:00 GBP Claimant Count Rate Apr
        Forecast: Previous: 3.90%
    09:00 EUR Eurozone Trade Balance (EUR) Mar
        Forecast: 5.6B Previous: -0.1B
    09:00 EUR Eurozone GDP Q/Q Q1 P
        Forecast: 0.10% Previous: 0.10%
    09:00 EUR Germany ZEW Economic Sentiment May
        Forecast: -5 Previous: 4.1
    09:00 EUR Germany ZEW Current Situation May
        Forecast: -35.3 Previous: -32.5
    09:00 EUR Eurozone ZEW Economic Sentiment May
        Forecast: 2.3 Previous: 6.4
    09:00 EUR Eurozone Employment Change Q/Q Q1 P
        Forecast: 0.30% Previous: 0.30%
    12:30 CAD Manufacturing Sales M/M Mar
        Forecast: Previous: -3.60%
    12:30 CAD CPI M/M Apr
        Forecast: 0.90% Previous: 0.50%
    12:30 CAD CPI Y/Y Apr
        Forecast: Previous: 4.30%
    12:30 CAD CPI Median Y/Y Apr
        Forecast: Previous: 4.60%
    12:30 CAD CPI Trimmed Y/Y Apr
        Forecast: Previous: 4.40%
    12:30 CAD CPI Common Y/Y Apr
        Forecast: Previous: 5.90%
    12:30 USD Retail Sales M/M Apr
        Forecast: 0.70% Previous: -0.60%
    12:30 USD Retail Sales ex Autos M/M Apr
        Forecast: 0.30% Previous: -0.40%
    13:15 USD Industrial Production M/M Apr
        Forecast: 0.00% Previous: 0.40%
    13:15 USD Capacity Utilization Apr
        Forecast: 79.70% Previous: 79.80%
    14:00 USD Business Inventories Mar
        Forecast: 0.10% Previous: 0.20%
    14:00 USD NAHB Housing Market Index May
        Forecast: 45 Previous: 45
    23:50 JPY GDP Annualized Q1 P
        Forecast: 0.20% Previous: 0.10%
    23:50 JPY GDP Deflator Y/Y Q1 P
        Forecast: 2.00% Previous: 1.20%
    Wednesday, May 17, 2023
    GMT Ccy Events Consensus Previous
    00:30 AUD Westpac Leading Index M/M Apr -0.01%
    01:30 AUD Wage Price Index Q/Q Q1 0.90% 0.80%
    04:30 JPY Industrial Production M/M Mar F 0.80% 0.80%
    08:00 EUR Italy Trade Balance (EUR) Mar 2.50B 2.11B
    09:00 EUR Eurozone CPI Y/Y Apr F 7.00% 7.00%
    09:00 EUR Eurozone CPI Core Y/Y Apr F 5.60% 5.60%
    12:30 USD Housing Starts Apr 1.40M 1.42M
    12:30 USD Building Permits Apr 1.44M 1.43M
    14:30 USD Crude Oil Inventories 3.0M
    22:45 NZD PPI Input Q/Q Q1 0.50%
    22:45 NZD PPI Output Q/Q Q1 0.90%
    23:50 JPY Trade Balance (JPY) Apr -1.08T -1.21T
    GMT Ccy Events
    00:30 AUD Westpac Leading Index M/M Apr
        Forecast: Previous: -0.01%
    01:30 AUD Wage Price Index Q/Q Q1
        Forecast: 0.90% Previous: 0.80%
    04:30 JPY Industrial Production M/M Mar F
        Forecast: 0.80% Previous: 0.80%
    08:00 EUR Italy Trade Balance (EUR) Mar
        Forecast: 2.50B Previous: 2.11B
    09:00 EUR Eurozone CPI Y/Y Apr F
        Forecast: 7.00% Previous: 7.00%
    09:00 EUR Eurozone CPI Core Y/Y Apr F
        Forecast: 5.60% Previous: 5.60%
    12:30 USD Housing Starts Apr
        Forecast: 1.40M Previous: 1.42M
    12:30 USD Building Permits Apr
        Forecast: 1.44M Previous: 1.43M
    14:30 USD Crude Oil Inventories
        Forecast: Previous: 3.0M
    22:45 NZD PPI Input Q/Q Q1
        Forecast: Previous: 0.50%
    22:45 NZD PPI Output Q/Q Q1
        Forecast: Previous: 0.90%
    23:50 JPY Trade Balance (JPY) Apr
        Forecast: -1.08T Previous: -1.21T
    Thursday, May 18, 2023
    GMT Ccy Events Consensus Previous
    01:30 AUD Employment Change Apr 25K 53K
    01:30 AUD Unemployment Rate Apr 3.50% 3.50%
    12:30 CAD New Housing Price Index M/M Apr 0.00%
    12:30 USD Initial Jobless Claims (May 12) 260K 264K
    12:30 USD Philadelphia Fed Survey May -20 -31.3
    14:00 USD Existing Home Sales Apr 4.35M 4.44M
    14:30 USD Natural Gas Storage 78B
    22:45 NZD Trade Balance (NZD) Apr -1273M
    23:01 GBP GfK Consumer Confidence May -27 -30
    23:30 JPY National CPI Y/Y Apr 3.20%
    23:30 JPY National CPI Core Y/Y Apr 3.40% 3.10%
    23:30 JPY National CPI Core-core Y/Y Apr 3.80%
    GMT Ccy Events
    01:30 AUD Employment Change Apr
        Forecast: 25K Previous: 53K
    01:30 AUD Unemployment Rate Apr
        Forecast: 3.50% Previous: 3.50%
    12:30 CAD New Housing Price Index M/M Apr
        Forecast: Previous: 0.00%
    12:30 USD Initial Jobless Claims (May 12)
        Forecast: 260K Previous: 264K
    12:30 USD Philadelphia Fed Survey May
        Forecast: -20 Previous: -31.3
    14:00 USD Existing Home Sales Apr
        Forecast: 4.35M Previous: 4.44M
    14:30 USD Natural Gas Storage
        Forecast: Previous: 78B
    22:45 NZD Trade Balance (NZD) Apr
        Forecast: Previous: -1273M
    23:01 GBP GfK Consumer Confidence May
        Forecast: -27 Previous: -30
    23:30 JPY National CPI Y/Y Apr
        Forecast: Previous: 3.20%
    23:30 JPY National CPI Core Y/Y Apr
        Forecast: 3.40% Previous: 3.10%
    23:30 JPY National CPI Core-core Y/Y Apr
        Forecast: Previous: 3.80%
    Friday, May 19, 2023
    GMT Ccy Events Consensus Previous
    04:30 JPY Tertiary Industry Index M/M Mar -0.10% 0.70%
    06:00 EUR Germany PPI M/M Apr -2.60%
    06:00 EUR Germany PPI Y/Y Apr 7.50%
    08:00 EUR ECB Economic Bulletin
    12:30 CAD Retail Sales M/M Mar -0.20%
    12:30 CAD Retail Sales ex Autos M/M Mar -0.70%
    GMT Ccy Events
    04:30 JPY Tertiary Industry Index M/M Mar
        Forecast: -0.10% Previous: 0.70%
    06:00 EUR Germany PPI M/M Apr
        Forecast: Previous: -2.60%
    06:00 EUR Germany PPI Y/Y Apr
        Forecast: Previous: 7.50%
    08:00 EUR ECB Economic Bulletin
        Forecast: Previous:
    12:30 CAD Retail Sales M/M Mar
        Forecast: Previous: -0.20%
    12:30 CAD Retail Sales ex Autos M/M Mar
        Forecast: Previous: -0.70%

    Eco Data 5/12/23

    GMT Ccy Events Actual Consensus Previous Revised
    22:30 NZD Business NZ PMI Apr 49.1 48.1
    23:50 JPY Money Supply M2+CD Y/Y Apr 2.50% 2.70% 2.60% 2.50%
    03:00 NZD RBNZ Inflation Expectations Q2 2.79% 3.30%
    06:00 GBP GDP Q/Q Q1 P 0.10% 0.10% 0.10%
    06:00 GBP GDP M/M Mar -0.30% 0.00% 0.00%
    06:00 GBP Industrial Production M/M Mar 0.70% -0.10% -0.20% -0.10%
    06:00 GBP Industrial Production Y/Y Mar -2.00% -3.70% -3.10% -2.70%
    06:00 GBP Manufacturing Production M/M Mar 0.70% -0.10% 0.00% 0.10%
    06:00 GBP Manufacturing Production Y/Y Mar -1.30% -3.80% -2.40% -1.90%
    06:00 GBP Goods Trade Balance (GBP) Mar -16.4B -17.5B -17.5B -16.6B
    12:30 USD Import Price Index M/M Apr 0.40% 0.30% -0.60% -0.80%
    14:00 USD Michigan Consumer Sentiment Index May P 57.7 63 63.5
    GMT Ccy Events
    22:30 NZD Business NZ PMI Apr
        Actual: 49.1 Forecast:
        Previous: 48.1 Revised:
    23:50 JPY Money Supply M2+CD Y/Y Apr
        Actual: 2.50% Forecast: 2.70%
        Previous: 2.60% Revised: 2.50%
    03:00 NZD RBNZ Inflation Expectations Q2
        Actual: 2.79% Forecast:
        Previous: 3.30% Revised:
    06:00 GBP GDP Q/Q Q1 P
        Actual: 0.10% Forecast: 0.10%
        Previous: 0.10% Revised:
    06:00 GBP GDP M/M Mar
        Actual: -0.30% Forecast: 0.00%
        Previous: 0.00% Revised:
    06:00 GBP Industrial Production M/M Mar
        Actual: 0.70% Forecast: -0.10%
        Previous: -0.20% Revised: -0.10%
    06:00 GBP Industrial Production Y/Y Mar
        Actual: -2.00% Forecast: -3.70%
        Previous: -3.10% Revised: -2.70%
    06:00 GBP Manufacturing Production M/M Mar
        Actual: 0.70% Forecast: -0.10%
        Previous: 0.00% Revised: 0.10%
    06:00 GBP Manufacturing Production Y/Y Mar
        Actual: -1.30% Forecast: -3.80%
        Previous: -2.40% Revised: -1.90%
    06:00 GBP Goods Trade Balance (GBP) Mar
        Actual: -16.4B Forecast: -17.5B
        Previous: -17.5B Revised: -16.6B
    12:30 USD Import Price Index M/M Apr
        Actual: 0.40% Forecast: 0.30%
        Previous: -0.60% Revised: -0.80%
    14:00 USD Michigan Consumer Sentiment Index May P
        Actual: 57.7 Forecast: 63
        Previous: 63.5 Revised:

    Eco Data 5/11/23

    GMT Ccy Events Actual Consensus Previous Revised
    23:01 GBP RICS Housing Price Balance Apr -39% -38% -43%
    23:50 JPY BoJ Summary of Opinions
    23:50 JPY Bank Lending Y/Y Apr 3.20% 2.90% 3.00%
    23:50 JPY Current Account (JPY) Mar 1.01T 1.32T 1.09T 1.23T
    01:00 AUD Consumer Inflation Expectations May 5.00% 4.60%
    01:30 CNY CPI Y/Y Apr 0.10% 0.30% 0.70%
    01:30 CNY PPI Y/Y Apr -3.60% -3.20% -2.50%
    05:00 JPY Eco Watchers Survey: Current Apr 54.6 54.1 53.3
    11:00 GBP BoE Interest Rate Decision 4.50% 4.50% 4.25%
    11:00 GBP MPC Official Bank Rate Votes 7--0--2 7--0--2 7--0--2
    12:30 USD PPI M/M Apr 0.20% 0.30% -0.50% -0.40%
    12:30 USD PPI Y/Y Apr 2.30% 1.40% 2.70%
    12:30 USD PPI Core M/M Apr 0.20% 0.30% -0.10% 0.00%
    12:30 USD PPI Core Y/Y Apr 3.20% 2.70% 3.40%
    12:30 USD Initial Jobless Claims (May 5) 264K 245K 242K
    14:30 USD Natural Gas Storage 78B 78B 54B
    GMT Ccy Events
    23:01 GBP RICS Housing Price Balance Apr
        Actual: -39% Forecast: -38%
        Previous: -43% Revised:
    23:50 JPY BoJ Summary of Opinions
        Actual: Forecast:
        Previous: Revised:
    23:50 JPY Bank Lending Y/Y Apr
        Actual: 3.20% Forecast: 2.90%
        Previous: 3.00% Revised:
    23:50 JPY Current Account (JPY) Mar
        Actual: 1.01T Forecast: 1.32T
        Previous: 1.09T Revised: 1.23T
    01:00 AUD Consumer Inflation Expectations May
        Actual: 5.00% Forecast:
        Previous: 4.60% Revised:
    01:30 CNY CPI Y/Y Apr
        Actual: 0.10% Forecast: 0.30%
        Previous: 0.70% Revised:
    01:30 CNY PPI Y/Y Apr
        Actual: -3.60% Forecast: -3.20%
        Previous: -2.50% Revised:
    05:00 JPY Eco Watchers Survey: Current Apr
        Actual: 54.6 Forecast: 54.1
        Previous: 53.3 Revised:
    11:00 GBP BoE Interest Rate Decision
        Actual: 4.50% Forecast: 4.50%
        Previous: 4.25% Revised:
    11:00 GBP MPC Official Bank Rate Votes
        Actual: 7--0--2 Forecast: 7--0--2
        Previous: 7--0--2 Revised:
    12:30 USD PPI M/M Apr
        Actual: 0.20% Forecast: 0.30%
        Previous: -0.50% Revised: -0.40%
    12:30 USD PPI Y/Y Apr
        Actual: 2.30% Forecast: 1.40%
        Previous: 2.70% Revised:
    12:30 USD PPI Core M/M Apr
        Actual: 0.20% Forecast: 0.30%
        Previous: -0.10% Revised: 0.00%
    12:30 USD PPI Core Y/Y Apr
        Actual: 3.20% Forecast: 2.70%
        Previous: 3.40% Revised:
    12:30 USD Initial Jobless Claims (May 5)
        Actual: 264K Forecast: 245K
        Previous: 242K Revised:
    14:30 USD Natural Gas Storage
        Actual: 78B Forecast: 78B
        Previous: 54B Revised:

    Eco Data 5/10/23

    GMT Ccy Events Actual Consensus Previous Revised
    05:00 JPY Leading Economic Index Mar P 97.50% 97.90% 98.00%
    06:00 EUR Germany CPI M/M Apr F 0.40% 0.40% 0.40%
    06:00 EUR Germany CPI Y/Y Apr F 7.20% 7.20% 7.20%
    08:00 EUR Italy Industrial Output M/M Mar -0.60% 0.20% -0.20%
    12:30 CAD Building Permits M/M Mar 11.30% 2.30% 8.60%
    12:30 USD CPI M/M Apr 0.40% 0.40% 0.10%
    12:30 USD CPI Y/Y Apr 4.90% 5.00% 5.00%
    12:30 USD CPI Core M/M Apr 0.40% 0.30% 0.40%
    12:30 USD CPI Core Y/Y Apr 5.50% 5.50% 5.60% 5.50%
    14:30 USD Crude Oil Inventories 3.0M -2.2M -1.3M
    GMT Ccy Events
    05:00 JPY Leading Economic Index Mar P
        Actual: 97.50% Forecast: 97.90%
        Previous: 98.00% Revised:
    06:00 EUR Germany CPI M/M Apr F
        Actual: 0.40% Forecast: 0.40%
        Previous: 0.40% Revised:
    06:00 EUR Germany CPI Y/Y Apr F
        Actual: 7.20% Forecast: 7.20%
        Previous: 7.20% Revised:
    08:00 EUR Italy Industrial Output M/M Mar
        Actual: -0.60% Forecast: 0.20%
        Previous: -0.20% Revised:
    12:30 CAD Building Permits M/M Mar
        Actual: 11.30% Forecast: 2.30%
        Previous: 8.60% Revised:
    12:30 USD CPI M/M Apr
        Actual: 0.40% Forecast: 0.40%
        Previous: 0.10% Revised:
    12:30 USD CPI Y/Y Apr
        Actual: 4.90% Forecast: 5.00%
        Previous: 5.00% Revised:
    12:30 USD CPI Core M/M Apr
        Actual: 0.40% Forecast: 0.30%
        Previous: 0.40% Revised:
    12:30 USD CPI Core Y/Y Apr
        Actual: 5.50% Forecast: 5.50%
        Previous: 5.60% Revised: 5.50%
    14:30 USD Crude Oil Inventories
        Actual: 3.0M Forecast: -2.2M
        Previous: -1.3M Revised:
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