Week Ahead Economic Preview: Worldwide May PMIs, US non-farm payrolls, BoC meeting

From cdn.ihsmarkit.com

Worldwide PMI releases for May will be eagerly awaited with the turn of the month in the coming week. The first week of June also brings US labour market report on Friday. Meanwhile the Bank of Canada convenes to update their monetary policy settings. In the data docket, a string of inflation updates will be anticipated from the eurozone, Germany and various Asian economies. GDP figures from Australia and India will also be in focus. Market sentiment remained lacklustre this week amid indications of slowing growth from flash PMI readings for major developed economies and the May Fed minutes, which provided little ... (full story)