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Schedule for tomorrow, Thursday, May 21, 2020

Time Country Event Period Previous value Forecast
00:30 Japan Manufacturing PMI May 41.9
00:30 Japan Nikkei Services PMI May 21.5
02:30 Australia RBA's Governor Philip Lowe Speaks
07:15 France Manufacturing PMI May 31.5 36.1
07:15 France Services PMI May 10.2 27.8
07:30 Germany Services PMI May 16.2 26.6
07:30 Germany Manufacturing PMI May 34.5 39.2
08:00 Eurozone Services PMI May 12.0 25
08:00 Eurozone Manufacturing PMI May 33.4 38
08:30 United Kingdom Purchasing Manager Index Manufacturing May 32.6 36
08:30 United Kingdom Purchasing Manager Index Services May 13.4 25
10:00 United Kingdom CBI industrial order books balance May -56 -59
12:30 U.S. Continuing Jobless Claims May 22833 24765
12:30 Canada New Housing Price Index, YoY April 0.9%
12:30 Canada New Housing Price Index, MoM April 0.3% 0.1%
12:30 U.S. Philadelphia Fed Manufacturing Survey May -56.6 -41.5
12:30 U.S. Initial Jobless Claims May 2981 2400
13:45 U.S. Services PMI May 26.7 30
13:45 U.S. Manufacturing PMI May 36.1 38
14:00 U.S. Leading Indicators April -6.7% -5.5%
14:00 U.S. FOMC Member Williams Speaks
14:00 U.S. Existing Home Sales April 5.27 4.3
17:00 U.S. FOMC Member Clarida Speaks
18:30 U.S. FOMC Member Brainard Speaks
18:30 U.S. Fed Chair Powell Speaks
22:45 New Zealand Retail Sales YoY Quarter I 3.3%
22:45 New Zealand Retail Sales, q/q Quarter I 0.7%
23:30 Japan National CPI Ex-Fresh Food, y/y April 0.4% -0.1%
23:30 Japan National Consumer Price Index, y/y April 0.4%

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10:18 29.05.2020
Switzerland's KOF Leading Indicator hit a record low in May
KOF Economic Research Agency said, in May, the KOF Economic Barometer reaches the lowest value in its history. After the exceptionally strong decline in April, the Barometer falls again, but at 6.5 points, the minus is much smaller than in the previous month. The rapid decrease of the last three months is more pronounced than, for example, during the financial crisis in 2008/2009. The KOF Economic Barometer falls by 6.5 points in May, from 59.7 in April (revised from 63.5) to 53.2 points.
10:05 29.05.2020
Asian session review: the dollar declined against most major currencies
TimeCountryEventPeriodPrevious valueForecastActual01:30AustraliaPrivate Sector Credit, y/yApril3.6% 3.6%01:30AustraliaPrivate Sector Credit, m/mApril1.1% 0.0%05:00JapanHousing Starts, y/yApril-7.6%-12.1%-12.9%05:00JapanConsumer ConfidenceMay21.6 24.006:00GermanyRetail sales, real adjusted April-5.6%-12%-5.3%06:00GermanyRetail sales, real unadjusted, y/yApril-2.8%-14.3%-6.5%06:45FranceConsumer spending April-16.9%-15%-20.2%06:45FranceCPI, m/mMay0%0.1%0%06:45FranceCPI, y/yMay0.3%0.3
10:01 29.05.2020
French GDP fell less than forecast in Q1
According to the report from INSEE, in Q1 2020, real gross domestic product (GDP) fell sharply: -5.3% after -0.1% in Q4 2019, thus a revision of +0.5% compared with the first estimate published in April. Economists had expected a 5.8% decrease.Household consumption expenditure recorded an unprecedented drop (-5.6% after +0.3%). Total gross fixed capital formation (GFCF) fell even more sharply (-10.5% after +0.1%). All in all, total domestic demand (excluding changes in inventories) contracted:
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