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Monday: The Final estimate of the Eurozone’s Consumer Price Index will be released. Analysts expect for it to remain at a moderate annual 0.5%. In the U.S., the Empire Manufacturing survey and May’s Industrial Production data will be released. Tuesday: May’s Consumer and Producer Price Indices are scheduled for release in the U.K. The ZEW survey will be released in Germany. In the U.S., May’s Consumer Price Index, as well as Housing Starts and Building Permits data will be published. Wednesday: Japan will publish May’s Trade Balance data, where analyst consensus sees the deficit widening to over a trillion Yen. The U.S. is due to host the weekly MBA Mortgage Applications. The day will also see the all-important FOMC rate decision published – analysts expect the FOMC to order QE3 tapered by another 10 billion dollars, setting it at a monthly 35 billion. Thursday: April’s All Industry Activity Index will be published in Japan. May’s Retail Sales data will be released in the U.K. In the U.S., both the weekly Initial Jobless Claims, as well as May’s Leading Index will be published. Friday: Advance figures of June’s Consumer Confidence will be released in the Eurozone. |
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