Canada is hosting and organizing the 44th G7 Summit that will take place in Charlevoix, starting on this Friday, 8th of June, where we could see things heat up among the member states due to Trump’s “America first” policy.
A couple of German reports for April open this agenda at 6 AM, including Trade Balance. Surplus rose to 25.2 billion euros in March, which was similar to the surplus of 25.1 billion posted a year ago.
Industrial production is the other item out at this time. Production rebounded in March, partially recovering February’s slump of 1.7%.
French Industrial Production stats for April will be available 45 minutes later. Production slowed down in March after increasing by a downwardly revised 1.1% in February.
Bank of England will release the high importance Inflation Attitudes Survey for May at 8:30 in the morning. It is conducted by TNS on the behalf of Bank of England to assess public attitudes to inflation, opinions about the Bank and its work.
Canadian Housing Starts for May follow at a quarter past noon GMT. The pace of housing starts has slowed down for two months in a row to hit the lowest level in almost a year.
Then the high importance Canadian Labour Force Survey for May is out at a half past noon. Employment disappointed with a decline of one thousand and one hundred, but jobless rate stood unchanged at a multi decade low of 5.8%.
And last up is the Final US Wholesale Inventories for April at 2 PM. According to advance report, inventories were almost unchanged at 629.4 billion US Dollars.
I’m Jack Everitt and that’s all for Friday’s Economic Calendar.

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