Currently, the global economy is in a period of and . Inflation remains the largest concern in most markets but has recently begun to globally with only
30
countries reporting higher inflation this month than last month.The Zoomed Out View
Aggregate charts for a better picture of what the entire global economy is experiencing. They change from time to time but we tend to highlight the current buzz from a zoomed out view.Upcoming Economic Releases
All of the events below are considered high impact.Country | Event | Actual | Estimate | Previous | |
---|---|---|---|---|---|
Monday, May 22nd | |||||
π¦πΊ | Australia | Judo Bank Manufacturing PMI (May) | 48 | 47.6 | 48 |
π¦πΊ | Australia | Judo Bank Services PMI (May) | 51.8 | 54.1 | 53.7 |
Tuesday, May 23rd | |||||
π©πͺ | Germany | S&P Global Services PMI (May) | 57.8 | 55.5 | 56 |
π©πͺ | Germany | S&P Global Manufacturing PMI (May) | 42.9 | 45 | 44.5 |
πͺπΊ | European Union | S&P Global Services PMI (May) | 55.9 | 55.6 | 56.2 |
πͺπΊ | European Union | S&P Global Manufacturing PMI (May) | 44.6 | 46.2 | 45.8 |
π¬π§ | United Kingdom | S&P Global/CIPS Manufacturing PMI (May) | 46.9 | 48 | 47.8 |
π¬π§ | United Kingdom | S&P Global/CIPS UK Services PMI (May) | 55.1 | 55.5 | 55.9 |
πΊπΈ | United States | S&P Global Services PMI (May) | 55.1 | 52.6 | 53.6 |
πΊπΈ | United States | S&P Global Manufacturing PMI (May) | 48.5 | 50 | 50.2 |
πΊπΈ | United States | New Home Sales MoM (Apr) | 4.1 | -2 | 4 |
πΊπΈ | United States | New Home Sales (Apr) | 0.683 | 0.665 | 0.656 |
π³πΏ | New Zealand | Retail Sales YoY (Q1) | -4.1 | 3.6 | -4 |
π³πΏ | New Zealand | Retail Sales QoQ (Q1) | -1.4 | 0.2 | -1 |
Wednesday, May 24th | |||||
π¬π§ | United Kingdom | Inflation Rate YoY (Apr) | 8.7 | 8.2 | 10.1 |
π©πͺ | Germany | Ifo Business Climate (May) | 91.7 | 93 | 93.4 |
πΊπΈ | United States | FOMC Minutes | |||
Thursday, May 25th | |||||
π©πͺ | Germany | GfK Consumer Confidence (Jun) | -24.2 | -24 | -25.8 |
πͺπΊ | European Union | ECB Guindos Speech | |||
πΊπΈ | United States | Jobless Claims 4-week Average (May/20) | 231.75 | 258.97 | 231.75 |
πΊπΈ | United States | Initial Jobless Claims (May/20) | 229 | 245 | 225 |
πΊπΈ | United States | Continuing Jobless Claims (May/13) | 1794 | 1800 | 1799 |
Friday, May 26th | |||||
π¦πΊ | Australia | Retail Sales MoM (Apr) | 0.2 | 0.4 | |
π¬π§ | United Kingdom | Retail Sales ex Fuel MoM (Apr) | 0.3 | -1 | |
π¬π§ | United Kingdom | Retail Sales ex Fuel YoY (Apr) | -2.8 | -3.2 | |
π¬π§ | United Kingdom | Retail Sales YoY (Apr) | -2.8 | -3.1 | |
π¬π§ | United Kingdom | Retail Sales MoM (Apr) | 0.3 | -0.9 | |
π¦πΉ | Austria | Bank Austria Manufacturing PMI (May) | 43 | 42 | |
πΊπΈ | United States | Personal Income MoM (Apr) | 0.4 | 0.3 | |
πΊπΈ | United States | Core PCE Price Index MoM (Apr) | 0.3 | 0.3 | |
πΊπΈ | United States | Durable Goods Orders MoM (Apr) | -1 | 3.2 | |
πΊπΈ | United States | Durable Goods Orders ex Defense MoM (Apr) | -1.5 | 3.5 | |
πΊπΈ | United States | Durable Goods Orders Ex Transp MoM (Apr) | -0.1 | 0.3 | |
πΊπΈ | United States | Personal Spending MoM (Apr) | 0.4 | 0 | |
πΊπΈ | United States | Goods Trade Balance (Apr) | -85.7 | -84.6 | |
πΊπΈ | United States | Michigan Consumer Sentiment (May) | 57.7 | 63.5 |
Don't let the economy surprise you.
Economic releases, key earnings, speeches, weather, and other market moving events for the week ahead are highlighted in our weekly Sunday note.