Global Weekly Indicators

Next weeK: The ECB will hold its monetary policy meeting, at which we expect the ECB to ease monetary policy. Furthermore, investor will focus on the eurozone preliminary inflation figures for May. The EU will also be releasing country-specific recommendations. In the US, economic publications will include May’s change in non-farm payrolls, the AD employment report and the Manufacturing and Services ISM. Additionally, the Fed will release the Beige Book, while several Fed members will speak (Evans, George and Kocherlakota). In China, May’s PMI and export figures will be published. Lastly, the G-7 countries will hold a meeting in Brussels; the situation in Ukraine and the relations with Russia will be on the agenda, as will the global economy, trade, energy security, climate change and development.

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