Week Ahead: U.S. and Canada Employment Reports; U.S. ISMs; Eurozone and SK CPIs; Fed Beige Book; RBI Meeting; OECD Outlook

From the U.S. and Canadian May jobs report to the OECD economic outlook and many central bank speakers, here’s what you need to know for the week ahead.

Monday

🌎 Worldwide May manufacturing PMI ⚠

🇰🇷 South Korea May trade data ⚠

🇯🇵 Japan Q1 capital spending

🇰🇷 🇪🇺 The Bank of Korea International Conference runs through June 2 in Seoul, with Governor Shin Hyun Song and ECB Executive Board member Isabel Schnabel among the speakers – Bloomberg

🌎 The global tech industry gathers in Taipei for Computex ahead of the main exhibition, which runs through June 5 – Bloomberg

🇹🇼 🇺🇸 Cheng Li-wun, the head of Taiwan’s opposition Kuomintang, is due to embark on a tour of the U.S. to promote her foreign policy and defense credentials amid growing criticism from part of the Washington establishment – Nikkei

🇫🇷 The Choose France summit is held at Versailles to attract foreign investment – Bloomberg

🇪🇺 Eurozone April unemployment rate

🇪🇺 Eurozone April ECB CPI expectations ⚠

🇬🇧 U.K. May Nationwide house prices

🇨🇭 Switzerland Q1 GDP

🇹🇷 Turkey Q1 GDP

🇪🇺 ECB Executive Board member Isabel Schnabel gives speech in Seoul. The text will be made available on the ECB’s website – Bloomberg

🇪🇺 Bank of France Governor Francois Villeroy de Galhau steps down, with Emmanuel Moulin set to succeed him – Bloomberg

🇺🇸 U.S. May ISM Manufacturing ⚠

🇺🇸 U.S. April construction spending

🇺🇸 Fed Governor Jerome Powell gives acceptance remarks on receiving John F. Kennedy Profile in Courage Award JFK Presidential Library – Bloomberg

Tuesday

🇰🇷 South May Korea CPI ⚠

🇦🇺 RBA board member Ian Harper delivers a speech in Melbourne – Bloomberg

🇬🇧 🇨🇳 U.K. Foreign Secretary Yvette Cooper visits China for talks with Foreign Minister Wang Yi before heading to Shenzhen to meet with business leaders – Bloomberg

🇪🇸 Spain May unemployment rate

🇳🇱 Netherlands May CPI

🇪🇺 Eurozone May CPI ⚠

🇪🇺 ECB Governing Council member Olli Rehn speaks to Finnish ambassadors – Bloomberg

🇪🇺 ECB Vice President Boris Vujcic makes online remarks at the Icelandic conference – Bloomberg

🇪🇺 ECB Governing Council member Olaf Sleijpen appears at hearing on financial stability at the Hague – Bloomberg

🇬🇧 BOE Governor Andrew Bailey appears before the House of Lords Economic Affairs Committee. Rate-setter Megan Greene speaks at the University of Derby – Bloomberg

🇵🇱 Poland rate decision

🇺🇸 U.S. April JOLTS job openings ⚠

🇺🇸 U.S. May vehicle sales

🇺🇸 Minneapolis Fed President Neel Kashkari speaks at the Bank of Korea conference – Bloomberg

🇺🇸 Cleveland Fed President Beth Hammack speaks at the City Club of Cleveland – Bloomberg

🇺🇸 Former US Treasury Secretary Janet Yellen speaks at a Brookings Institution discussion reviewing Jerome Powell’s tenure as Fed chair – Bloomberg

🇺🇸 US congressional primary elections are held in California, Iowa, Montana, New Jersey, New Mexico and South Dakota – Bloomberg

🇮🇱 🇱🇧 Israel and Lebanon are scheduled to resume US-mediated talks in Washington – Bloomberg ⚠

Wednesday

🌎 Worldwide June services and composite PMIs ⚠

🇦🇺 Australia Q1 GDP

🇯🇵 BOJ Governor Kazuo Ueda delivers a speech at the Kisaragi-kai gathering in Tokyo – Bloomberg

🌏 The St. Petersburg International Economic Forum is held in Russia through June 6, with Saudi Energy Minister Prince Abdulaziz bin Salman Al Saud among the attendees – Bloomberg

🇪🇺 Eurozone April PPI

🌎 Paris-based OECD releases its latest economic outlook during the ministerial council meeting that runs through June 4 – Bloomberg ⚠

🇪🇺 ECB Governing Council member Olli Rehn gives a keynote speech on AI in Helsinki – Bloomberg

🇪🇺 ECB Governing Council member Primoz Dolenc speaks about Slovenia’s banking sector in Ljubljana – Bloomberg

🇪🇺 ECB Executive Board member Frank Elderson speaks at Goldman Sachs’ European Financials Conference in Zurich – Bloomberg

🇪🇺 ECB Executive Board member Piero Cipollone speaks at a hearing on the digital euro in Brussels – Bloomberg

🇺🇸 U.S. May ADP employment change

🇺🇸 U.S. May ISM services index ⚠

🇺🇸 U.S. April factory orders and durable goods

🇺🇸 Fed Beige Book ⚠

🇺🇸 Dallas Fed President Lorie Logan participates in a discussion at the University of Texas at El Paso – Bloomberg

🇺🇸 Fed Governor Michael Barr speaks at the Community Development Bankers Association Peer Forum in Washington – Bloomberg

🇺🇸 U.S. Treasury Secretary Scott Bessent is scheduled to testify on Treasury’s budget to the Senate Finance Committee – Bloomberg

🇺🇸 Bloomberg Tech Summit in San Francisco, with key themes including AI and hyperscaler capex, chip and networking demand. Through June 4 – Bloomberg

Thursday

🇦🇺 Australia April trade data

🇦🇺 RBA Governor Michele Bullock appears before the Senate Economics Legislation committee – Bloomberg

🇪🇸 Spain April industrial production

🇪🇺 Eurozone April retail sales

🇸🇪 Sweden May CPI

🇪🇺 ECB President Christine Lagarde gives a speech in Aix-en-Provence, France – Bloomberg ⚠

🇪🇺 The ECB enters its quiet period ahead of the June 10-11 rate-setting meeting – Bloomberg

🇬🇧 BOE Governor Andrew Bailey delivers a speech at the Investment Association annual conference – Bloomberg

🇺🇸 U.S. weekly initial jobless claims

🇺🇸 San Francisco Fed President Mary Daly speaks at the Bloomberg Tech Summit – Bloomberg

🇺🇸 Richmond Fed President Tom Barkin speaks on the economy at the Belmont Country Club – Bloomberg

🇺🇸 Netflix holds its annual general meeting. Co-founder Reed Hastings is set to step down from the company’s board – Bloomberg

Friday

🇯🇵 Japan April household spending

🇯🇵 Japan April labor cash earnings

🇮🇳 India Q1 GDP

🇮🇳 RBI meeting ⚠

🇦🇺 RBA Deputy Governor Andrew Hauser participates in a fireside chat at Australia’s Economic Outlook in Sydney – Bloomberg

🇪🇺 The EU-Western Balkans Leaders Summit takes place in Montenegro – Bloomberg

🇫🇷 France April trade data

🇫🇷 France April industrial production

🇪🇺 Eurozone Q1 compensation per employee ⚠

🇪🇺 Eurozone Q1 GDP (final estimate)

🇪🇺 The Banque de France, BOE, ECB and Central Bank Research Association co-host the ECONDAT spring meeting in Paris – Bloomberg

🇪🇺 🇬🇧 ECB Supervisory Board member Anneli Tuominen speaks in Helsinki – Bloomberg

🇬🇧 BOE Governor Andrew Bailey speaks in Scotland. Rate-setter Swati Dhingra speaks at a University College London event – Bloomberg

🇺🇸 U.S. employment report ⚠

🇺🇸 U.S. April consumer credit

🇨🇦 Canada May employment report ⚠

🇺🇸 Fed’s Barr Speaks on Supervision & Regulation Kogod School of Business – Bloomberg

Earnings

Previews

*Focus on Asia

*Focus on Europe & UK

Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w22

What Happened in the World Economy Last Week – in Charts – w22 (Bloomberg)

*Note: Previous reports can be found here