Economic Data for this Week

Investors will be watching China’s May economic data including consumer and producer prices, industrial production and retail sales to see if the economy is picking up. The Bank of Japan and the Reserve Bank of New Zealand will announce their respective monetary policies. The latest labour market data from Australia will be monitored closely as well. In Europe, industrial production and trade data are highlighted this week.

Economic Data for this Week

Japan releases its major economic data for April which will show the immediate impact of its sales tax increase on industrial output and consumer spending. In Europe, May economic sentiment will be closely monitored as will German unemployment and retail sales. Both India and Canada will post its first quarter growth estimates.