Manufacturing PMI (CNY, GMT 01:00) – The NBS Manufacturing PMI is expected to rise to 49.3 in June from 48.8.
Gross Domestic Product (GBP, GMT 06:00) – The UK economy is still expected to have remained steady at 0.1% in Q1, with headline at 0.2% y/y from 0.6%, adding to signs that the UK will escape a technical recession this year.
Consumer Price Index & Unemployment data (EUR, GMT 09:00) – The Eurozone unemployment rate in May is expected to be unchanged at 6.5% m/m, while the preliminary inflation for June is anticipated to rise to 5.7% y/y from 6.1% y/y.
Personal Income/Consumption (USD, GMT 12:30) – Personal income is expected to rise by 0.3% in May after a 0.4% April gain. We expect a 0.2% rise in compensation after a 0.5% gain, given a -0.1% May dip for hours-worked and a 0.3% rise for hourly earnings. We expect a 0.1% consumption rise after a 0.8% gain in April.
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