by Don Vialoux, TechTalk

Upcoming US Events for Today:

  1. ADP Employment Report for May will be released at 8:15am. The market expects 171,000 versus 119,000 previous.
  2. Productivity for the First Quarter will be released at 8:30am. The market expects a quarter-over-quarter increase of 0.7%, consistent with the previous report. Unit Labor Costs are expected to increase by 0.5%.
  3. Factory Orders for April will be released at 10:00am. The market expects a month-over-month increase of 1.4% versus a decline of 4.0% previous.
  4. ISM Services for May will be released at 10:00am. The market expects 53.8 versus 53.1 previous.
  5. Weekly Crude Inventories will be released at 10:30am.
  6. The Fed’s Beige Book for June will be released at 2:00pm.

Upcoming International Events for Today:

  1. India PMI Services will be released at 1:00am EST.
  2. German PMI Services for May will be released at 3:55am EST. The market expects 49.8 versus 49.6 previous.
  3. Euro-Zone PMI Services for May will be released at 4:00am EST. The market expects 47.5 versus 47.0 previous.
  4. Great Britain PMI Services for May will be released at 4:30am EST. The market expects 53.0 versus 52.9 previous.
  5. Euro-Zone GDP for the First Quarter will be released at 5:00am EST. The market expects a year-over-year decline of 1.0% versus a decline of 0.6% previous.
  6. Euro-Zone Retail Sales for April will be released at 5:00am EST. The market expects a year-over-year decline of 0.6% versus a decline of 2.4% previous.
  7. Canada Building Permits for April will be released at 8:30am EST. The market expects a month-over-month decline of 2.3% versus an increase of 8.6% previous.
  8. Australia Trade Balance for April will be released at 9:30am EST. The market expects 180M versus 307M previous.

Recap of Yesterday’s Economic Events:

Screen Shot 2013-06-05 at 11.22.32 AM

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