Liveblog Archief vrijdag 29 mei 2020

TOP NEWS
• Twitter hides Trump tweet for 'glorifying violence'
Twitter hid a tweet from President Donald Trump, accusing him of breaking its rules by "glorifying violence" in a message that said looters at protests in Minneapolis would be shot.
• Hong Kong warns removing U.S. special status is a 'double-edged sword'
Hong Kong told the United States to keep out of the debate over national security legislation being imposed by China, and warned that withdrawal of the financial hub's special status under U.S. law could backfire on the U.S. economy.
• Fed's Powell to speak as focus turns from crisis to bond-buying
Federal Reserve Chair Jerome Powell will speak in a public webcast, with the details of the U.S. central bank's coronavirus-era programs nearly complete and attention turning to the next phase of its response: a likely restart of large-scale bond-buying and promises about how long it might continue.
• U.S. major airlines roll out more options to avoid staff layoffs
The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to accept voluntary leave or early retirement in the hope of avoiding widespread furloughs in the fall, company memos show.
• U.S. judge orders 15 banks to face big investors' currency rigging lawsuit
A U.S. judge on Thursday said institutional investors, including BlackRock and Allianz's Pacific Investment Management Co, can pursue much of their lawsuit accusing 15 major banks of rigging prices in the $6.6 trillion-a-day foreign exchange market.


BEFORE THE BELL
Concerns over escalating Sino-U.S. tensions weighed on U.S. stock index futures, with European shares trading lower. Hong Kong and Japanese stocks retreated, while shares in China ended higher on stimulus hopes. The yen and gold rose as investors looked for safe havens. Worries over weak fuel demand hurt oil prices. PCE price index, consumer sentiment and personal consumption numbers are due for release later in the day. ​


STOCKS TO WATCH
Results
• Costco Wholesale Corp (COST). The company reported a 7.5% fall in quarterly profit on Thursday, as it spent more on wages and sanitizing its warehouse clubs and halted sales of some high-margin products due to the COVID-19 pandemic. The gains from the unprecedented demand for essentials during the coronavirus outbreak were countered by the company halting sale of items such as hearing aids, opticals and jewelry in certain stores and closing dine-in areas at its food courts. Net income attributable to Costco fell to $838 million, or $1.89 per share, in the quarter ended May 10, from $906 million, or $2.05 per share, a year earlier.
• Dell Technologies Inc (DELL). The company beat analysts' estimates for quarterly revenue on Thursday, boosted by demand for its workstations from companies moving more employees to work from home due to the coronavirus outbreak. Revenue from client solutions group, that accounts for half of the revenue and includes desktop PCs, notebooks and tablets, rose 2% to $11.1 billion in its fiscal first quarter. Total revenue fell marginally to $21.90 billion, but topped estimates of $20.81 billion. Net income attributable to the company fell to $143 million, from $293 million a year earlier.
• Nordstrom Inc (JWN). The upscale department store chain on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to contain the COVID-19 pandemic shut stores. Nordstrom said online sales rose 5% to $1.1 billion in its first quarter ended May 2. Nordstrom said roughly 40% of its stores have reopened, though they are in smaller markets. It plans to reopen its entire fleet of shops by the end of June, including in major markets California and New York. Total net sales in the first quarter dropped to $2.03 billion from $3.35 billion a year earlier. It reported a net loss of $521 million, or $3.33 per share, compared with a profit of $37 million, or 23 cents per share, a year earlier.
• Salesforce.com Inc (CRM). The company cut its annual revenue and profit forecasts on Thursday, as the cloud-based business software maker allowed clients to defer payments and provided its sales team one-time commissions amid the COVID-19 pandemic. Most of the expenses were recorded in the first quarter, including $140 million in sales commissions, Chief Executive Officer Marc Benioff said on an earnings call. Salesforce now expects revenue of $20 billion for its fiscal year ending in 2021, down from its prior forecast of a range of $21 billion to $21.1 billion. Net revenue rose 30% to $4.87 billion in the first quarter ended April 30, slightly above the average analyst estimate of $4.85 billion. Excluding items, it earned 70 cents per share, in line with estimates.

Moves
• Sanofi SA (SNY). The company’s head of vaccines David Loew will quit to become chief executive of Ipsen from July 1, the two French drugmakers said. The announcement comes at a critical time as Sanofi is working on two vaccine projects to protect against COVID-19, the illness caused by the new coronavirus. Loew, who has been with Sanofi for almost seven years and in charge of the vaccines unit since 2016, will fill a management vacuum at Ipsen, which has been struggling to find a new CEO since the departure of David Meek at the end of last year. Separately, Sanofi appointed four new people to its executive committee, including a new head for its Sanofi Pasteur arm.
• Wipro Ltd (WIP). The company named Thierry Delaporte as the new chief executive officer and managing director, replacing Abidali Neemuchwala. Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group. Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of the company until Delaporte takes over on July 6, Wipro said.

In Other News
• AstraZeneca PLC (AZN). The company’s top-selling drug Tagrisso has been shown to hold back a certain type of lung cancer when diagnosed at an early stage, the British drugmaker said on Thursday, potentially adding billions to its sales potential. The trial results presented at the virtual American Society of Clinical Oncology conference this week may open up a treatment option to patients diagnosed early enough for the tumour to be surgically removed, and who have a mutation of the so-called EGFR gene, it said.
• Autoliv Inc (ALV). The world's largest maker of airbags and seat belts said it was facing "unprecedented" challenges in the second quarter after North American and European markets ground to a halt in April due to the pandemic. Autoliv said that though car production had recently started to resume across North America and Europe, a positive development, the industry was still facing significant hurdles, with supply chain issues remaining an area of concern. Autoliv said its sales in Europe fell 89% in April from a year earlier and plunged 96% in the Americas region as factories were shut. In China, sales rose 3%. Autoliv said it had cut its workforce "meaningfully" in April and expected further cuts in May and June, without giving details.
• BlackRock Inc (BLK). A U.S. judge on Thursday said institutional investors, including BlackRock and Allianz's Pacific Investment Management Co, can pursue much of their lawsuit accusing 15 major banks of rigging prices in the $6.6 trillion-a-day foreign exchange market. U.S. District Judge Lorna Schofield in Manhattan said the nearly 1,300 plaintiffs, including many mutual funds and exchange-traded funds, plausibly alleged that the banks conspired to rig currency benchmarks from 2003 to 2013 and profit at their expense. "This is an injury of the type the antitrust laws were intended to prevent," Schofield wrote in a 40-page decision.
• Credit Suisse Group AG (CS). The bank is seeking to overturn a court ruling rejecting its bid to block an auditor appointed by Switzerland's financial supervisor as part of its probe into a spying scandal, it said. Switzerland's second-biggest bank had sought to scuttle watchdog FINMA's appointment of Thomas Werlen, of international law firm Quinn Emanuel Urquhart & Sullivan, on grounds the firm and Werlen lacked sufficient independence. "Credit Suisse can confirm that it is having the ruling of the Federal Administrative Court reviewed by the Federal Supreme Court," the bank said in a statement after the Tages-Anzeiger newspaper reported the appeal.
• Eli Lilly and Co (LLY). The U.S. Food and Drug Administration on Thursday approved the drugmaker’s radioactive compound to detect tau, an important characteristic of Alzheimer's disease. Abnormal versions of two proteins, amyloid and tau, are involved in Alzheimer's disease and considered hallmarks of the brain-wasting disease. The FDA said Lilly's compound, Tauvid, is the first drug that has gained the approval to detect tau tangles within the brain. This marks a leap from the current method of detection, which is to study the brains of people who have died.
• PG&E Corp (PCG). The company said on Thursday its Chapter 11 reorganization plan has been confirmed by a California power regulator, bringing the power provider one step closer to emerge from bankruptcy and participate in a state-backed wildfire fund. The decision by the California Public Utilities Commission (CPUC) also approved the company's request to issue new debt and securities to finance its exit from bankruptcy, PG&E said in a statement. PG&E said the California power regulator has now approved a number of measures to improve its governance process, operational structure, and safety performance.
• Total SA (TOT). The French energy major now faces a revenue shortfall of at least $12 billion due to the crash in oil prices, CEO Patrick Pouyanne said, a third higher than its previous forecast made two months ago. Total had expected the oil price to be at around $60 per barrel this year, but as the price is now at around $30, it will leave the company with a much bigger shortfall, Pouyanne said.
• Twitter Inc (TWTR). The company hid a tweet from President Donald Trump and accused him of breaking its rules by "glorifying violence", after he tweeted that looters at protests in Minneapolis would be shot. Twitter's decision to step in, at a time of racially charged civil unrest in cities across the United States, escalates a feud between Trump and tech companies. It came just hours after Trump signed an executive order threatening Silicon Valley social media firms with new regulations over free speech. Trump's message can now be read only after clicking on a notice which says: "This Tweet violated the Twitter Rules about glorifying violence. However, Twitter has determined that it may be in the public’s interest for the Tweet to remain accessible."
• Tyson Foods Inc (TSN). The company said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country's food supply. An Iowa state official said 555 employees at Tyson's Storm Lake plant tested positive for the virus, about 22% of the workforce. Tyson will stop slaughtering hogs at the facility and finish processing the animals over the next two days, according to a statement.
• ViacomCBS Inc (VIACA). The company is cutting up to 400 employees across CBS as part of its plan to save $750 million from its merger with CBS, a source familiar with the matter said on Thursday. ViacomCBS's layoffs, which were first reported by Deadline, include a number of executives from the entertainment group and news divisions.
• Westpac Banking Corp (WBK). The company said the head of its institutional bank was retiring from the lender, adding to a string of management changes since a major money laundering scandal last year. The departure of Lyn Cobley, a 5-year veteran of Australia's second-largest lender, comes just days after the lender said retail banking head David Lindberg and Chief Information Officer Craig Bright were leaving the bank to take up new roles outside Australia.


ANALYSIS
With 'Main Street' in view, Fed weighs risks of job, productivity shocks
U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a "bridge" to the post-pandemic world.


ANALYSTS' RECOMMENDATION
• Abercrombie & Fitch Co (ANF). B Riley FBR raises target price to $14 from $13, believing the company managed the first quarter well given the circumstances with positive comps in certain product categories, good inventory management, new customer acquisition, and significant cost cuts.
• Colfax Corp (CFX). JPMorgan starts coverage with overweight rating, seeing the stock as being relatively cheap compared to close peers within the Fabrication Technology and Medical Technology space.
• Costco Wholesale Corp (COST). RBC raises target price to $348 from $332, due to the better sales performance in Q3.
• Dell Technologies Inc (DELL). Evercore ISI raises target price to $54 from $46, citing the company’s strength, driven by client solutions group.
• DXC Technology Co (DXC). JPMorgan cuts rating to neutral from overweight, citing the company’s suspension of dividend plus COVID uncertainty.​


ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0830 Personal income mm for Apr: Expected -6.5%; Prior -2.0%
0830 Personal consumption real mm for Apr: Prior -7.3%
0830 Consumption, adjusted mm for Apr: Expected -12.6%; Prior -7.5%
0830 Core PCE price index mm for Apr: Expected -0.3%; Prior -0.1%
0830 Core PCE price index yy for Apr: Expected 1.1%; Prior 1.7%
0830 PCE price index mm for Apr: Prior -0.3%
0830 PCE price index yy for Apr: Prior 1.3%
0830 Advance goods trade balance for Apr: Prior -$64.38 bln
0830 Wholesale inventories advance for Apr: Prior -0.8%
0830 Retail inventories ex-auto advance for Apr: Prior -1.0%
0945 (approx.) Chicago PMI for May: Expected 40.0; Prior 35.4
1000 U Mich Sentiment final for May: Expected 74.0; Prior 73.7
1000 U Mich Conditions final for May: Prior 83.0
1000 U Mich Expectations final for May: Prior 67.7
1000 (approx.) U Mich 1 year inflation final for May: Prior 3.0%
1000 (approx.) U Mich 5-year inflation final for May: Prior 2.6%
1200 (approx.) Dallas fed PCE for Apr: Prior 1.1%


COMPANIES REPORTING RESULTS
No major S&P 500 companies are scheduled to report for the day.


CORPORATE EVENTS (All timings in U.S. Eastern Time)
0800 Big Lots Inc (BIG). Q1 earnings conference call
0800 Bloomin' Brands Inc (BLMN). Annual Shareholders Meeting
0900 FARO Technologies Inc (FARO). Annual Shareholders Meeting
0900 Regenxbio Inc (RGNX). Annual Shareholders Meeting
1000 Ameresco Inc (AMRC). Annual Shareholders Meeting
1000 Epizyme Inc (EPZM). Annual Shareholders Meeting
1000 FGL Holdings Inc (FG). Shareholders Meeting
1000 Insulet Corp (PODD). Annual Shareholders Meeting
1000 Lowe's Companies Inc (LOW). Annual Shareholders Meeting
1000 Occidental Petroleum Corp (OXY). Annual Shareholders Meeting
1100 ADT Inc (ADT). Annual Shareholders Meeting
1100 Afya Ltd (AFYA). Q1 earnings conference call
1200 Axon Enterprise Inc (AAXN). Annual Shareholders Meeting
1200 DocuSign Inc (DOCU). Annual Shareholders Meeting
1200 EPR Properties (EPR). Annual Shareholders Meeting
1200 Zogenix Inc (ZGNX). Annual Shareholders Meeting
1300 Krystal Biotech Inc (KRYS). Annual Shareholders Meeting
1330 Medallia Inc (MDLA). Annual Shareholders Meeting
1700 Masimo Corp (MASI). Annual Shareholders Meeting


EX-DIVIDENDS
Advanced Drainage Systems Inc (WMS). Amount $0.09
Ashland Global Holdings Inc (ASH). Amount $0.27
Associated Banc-Corp (ASB). Amount $0.18
Ball Corp (BLL). Amount $0.15
Boise Cascade Co (BCC). Amount $0.10
BorgWarner Inc (BWA). Amount $0.17
Bruker Corp (BRKR). Amount $0.04
Cactus Inc (WHD). Amount $0.09
CenturyLink Inc (CTL). Amount $0.25
Clearway Energy Inc (CWEN). Amount $0.21
Clearway Energy Inc (CWENa). Amount $0.21
Compass Minerals International Inc (CMP). Amount $0.72
Cooper Tire & Rubber Co (CTB). Amount $0.10
Corelogic Inc (CLGX). Amount $0.22
eBay Inc (EBAY). Amount $0.16
Equitable Holdings Inc (EQH). Amount $0.17
Expeditors International of Washington Inc (EXPD). Amount $0.52
F.N.B. Corp (FNB). Amount $0.12
First Financial Bancorp (FFBC). Amount $0.23
Flagstar Bancorp Inc (FBC). Amount $0.05
Goldman Sachs Group Inc (GS). Amount $1.25
Hartford Financial Services Group Inc (HIG). Amount $0.32
Interactive Brokers Group Inc (IBKR). Amount $0.10
Interpublic Group of Companies Inc (IPG). Amount $0.25
iStar Inc (STAR). Amount $0.11
Juniper Networks Inc (JNPR). Amount $0.20
Kellogg Co (K). Amount $0.57
Lockheed Martin Corp (LMT). Amount $2.40
M&T Bank Corp (MTB). Amount $1.10
ManpowerGroup Inc (MAN). Amount $1.09
Martin Marietta Materials Inc (MLM). Amount $0.55
McDonald's Corp (MCD). Amount $1.25
McKesson Corp (MCK). Amount $0.41
MGE Energy Inc (MGEE). Amount $0.35
NBT Bancorp Inc (NBTB). Amount $0.27
Nelnet Inc (NNI). Amount $0.20
Nike Inc (NKE). Amount $0.24
Northrop Grumman Corp (NOC). Amount $1.45
Old National Bancorp (ONB). Amount $0.14
Patrick Industries Inc (PATK). Amount $0.25
Principal Financial Group Inc (PFG). Amount $0.56
Progress Software Corp (PRGS). Amount $0.16
Realty Income Corp (O). Amount $0.23
Safety Insurance Group Inc (SAFT). Amount $0.90
Silgan Holdings Inc (SLGN). Amount $0.12
Sinclair Broadcast Group Inc (SBGI). Amount $0.20
SS&C Technologies Holdings Inc (SSNC). Amount $0.12
Stifel Financial Corp (SF). Amount $0.17
Strategic Education Inc (STRA). Amount $0.60
TerraForm Power Inc (TERP). Amount $0.20
Tradeweb Markets Inc (TW). Amount $0.08
Trustmark Corp (TRMK). Amount $0.23
Tyson Foods Inc (TSN). Amount $0.42
Ufp Industries Inc (UFPI). Amount $0.12
Virtu Financial Inc (VIRT). Amount $0.24
Watts Water Technologies Inc (WTS). Amount $0.23
Wendys Co (WEN). Amount $0.05

GLOBAL TOP NEWS
Hong Kong told the United States to keep out of the internal debate over new national security laws being imposed by China, and warned that withdrawal of the financial hub's special status under U.S. law could backfire on the U.S. economy.

Japan's factory output slid faster-than-expected and retail sales tumbled the most in more than two decades in April, as the coronavirus pandemic wrecked both foreign and domestic demand for the country's autos and other manufactured goods.

The coronavirus lockdown will ease next week for most of Britain's population, Boris Johnson announced on Thursday, as a row persisted over the prime minister's closest adviser taking a long-distance journey during lockdown.


EUROPEAN COMPANY NEWS
Volkswagen said it has agreed to invest 2.1 billion euros in two separate Chinese electric vehicle players, upping its bet on the world's biggest auto market as international rivals seek to muscle in.

A U.S. judge on Thursday said institutional investors, including BlackRock and Allianz's Pacific Investment Management, can pursue much of their lawsuit accusing 15 major banks of rigging prices in the $6.6 trillion-a-day foreign exchange market.

AstraZeneca's top-selling drug Tagrisso has been shown to hold back a certain type of lung cancer when diagnosed at an early stage, the British drugmaker said on Thursday, potentially adding billions to its sales potential.


TODAY'S COMPANY ANNOUNCEMENTS
Abionyx Pharma SA Annual Shareholders Meeting
Acea SpA Annual Shareholders Meeting
Aega ASA Annual Shareholders Meeting
Albioma SA Annual Shareholders Meeting
Albion Development VCT PLC Annual Shareholders Meeting
ASTARTA Holding NV Annual Shareholders Meeting
Atlantia SpA Annual Shareholders Meeting
Banca Carige SpA Cassa di Risparmio di Genova e Imperia Shareholders Meeting
Benchmark Holdings PLC Q2 2020 Earnings Call
Beta Systems Software AG Annual Shareholders Meeting
Bioera SpA Annual Shareholders Meeting
Bio-UV Group SAS Annual Shareholders Meeting
BKS Bank AG Annual Shareholders Meeting
Brady PLC Annual Shareholders Meeting
Carrefour SA Annual Shareholders Meeting
DocCheck AG Annual Shareholders Meeting
Elekta AB Q4 2020 Earnings Release
EU Supply PLC Annual Shareholders Meeting
Eve Sleep PLC Annual Shareholders Meeting
Finatis SA Annual Shareholders Meeting
Fonciere Euris SA Annual Shareholders Meeting
Fotex Holding SE Annual Shareholders Meeting
H&R GmbH & Co KgaA Annual Shareholders Meeting
Herige SA Annual Shareholders Meeting
Hesse Newman Capital AG Shareholders Meeting
Holders Technology PLC Annual Shareholders Meeting
Ice Group ASA Annual Shareholders Meeting
InVision AG Annual Shareholders Meeting
Ipsen SA Annual Shareholders Meeting
K3 Business Technology Group PLC Annual Shareholders Meeting
Les Hotels de Paris SA Annual Shareholders Meeting
MAX Automation SE Annual Shareholders Meeting
Mekonomen AB Q1 2020 Earnings Release
Nationwide Building Society FY 2020 Earnings Call
Navigator Holdings Ltd Q1 2020 Earnings Call
New Work SE Annual Shareholders Meeting
Onxeo SA Annual Shareholders Meeting
Phoenix Spree Deutschland Ltd Annual Shareholders Meeting
Semapa Sociedade de Investimento e Gestao SGPS SA Annual Shareholders Meeting
SIG PLC FY 2019 Earnings Release
Suedwestdeutsche Salzwerke AG Annual Shareholders Meeting
TeamViewer AG Annual Shareholders Meeting
Teles AG Informationstechnologien Annual Shareholders Meeting
TOC Property Backed Lending Trust PLC Annual Shareholders Meeting
Total SA Annual Shareholders Meeting
Upergy Annual Shareholders Meeting
Yew Grove REIT PLC Annual Shareholders Meeting


ECONOMIC EVENTS (All times GMT)
0600 (approx.) Germany Import Prices mm for Apr: Expected -1.4%; Prior -3.5%
0600 (approx.) Germany Import Prices yy for Apr: Expected -7.2%; Prior -5.5%
0600 (approx.) Germany Retail Sales mm Real for Apr: Expected -12.0%; Prior -5.6%
0600 (approx.) Germany Retail Sales yy Real for Apr: Expected -14.3%; Prior -2.8%
0645 France Consumer Spending mm for Apr: Expected -15.0%; Prior -17.9%
0645 France GDP qq Final for Q1: Expected -5.8%; Prior -5.8%
0645 (approx.) France GDP yy Final for Q1: Prior -5.4%
0645 France CPI (EU Norm) Preliminary yy for May: Expected 0.3%; Prior 0.4%
0645 (approx.) France CPI (EU Norm) Preliminary mm for May: Expected 0.0%; Prior 0.0%
0645 (approx.) France CPI Preliminary yy NSA for May: Expected 0.3%; Prior 0.3%
0645 (approx.) France CPI Preliminary mm NSA for May: Expected 0.1%; Prior 0.0%
0645 France Producer Prices mm for Apr: Prior -1.7%
0645 (approx.) France Producer Prices yy for Apr: Prior -2.7%
0700 Switzerland KOF Indicator for May: Expected 70.0; Prior 63.5
0700 (approx.) Switzerland Official Reserves Assets for Apr: Prior 8,20,815.45 mln CHF
0700 Austria GDP Growth qq Final for Q1: Prior -2.5%
0700 Austria PPI mm for Apr: Prior -0.9%
0700 Austria PPI yy for Apr: Prior -1.5%
0730 Sweden GDP qq for Q1: Prior -0.6%
0730 Sweden GDP yy for Q1: Prior 0.5%
0730 Sweden Household Lending Growth yy for Apr: Prior 5.2%
0730 (approx.) Sweden Broad Money for Apr: Prior 38,13,675 mln SEK
0730 Sweden Trade Balance for Apr: Prior 4.1 bln SEK
0730 Sweden Swedish Exports for Apr: Prior 130.4 bln SEK
0730 Sweden Swedish Imports for Apr: Prior 126.3 bln SEK
0800 Italy GDP Final qq for Q1: Expected -4.7%; Prior -4.7%
0800 Italy GDP Final yy for Q1: Expected -4.8%; Prior -4.8%
0800 (approx.) Spain Current Account Balance for March: Prior 1.33 bln EUR
0800 (approx.) Euro Zone Money-M3 Annual Growth for Apr: Expected 7.8%; Prior 7.5%
0800 Euro Zone Loans to Households for Apr: Prior 3.4%
0800 Euro Zone Loans to Non-Financial for Apr: Prior 5.4%
0800 Euro Zone Broad Money for Apr: Prior 13,472,987 mln EUR
0830 (approx.) Portugal CPI Flash mm for May: Prior 0.3%
0830 (approx.) Portugal CPI Flash yy for May: Prior -0.2%
0900 Italy Consumer Price Preliminary mm for May: Expected -0.1%; Prior 0.1%
0900 Italy Consumer Price Preliminary yy for May: Expected -0.1%; Prior 0.0%
0900 Italy CPI (EU Norm) Preliminary mm for May: Expected -0.1%; Prior 0.5%
0900 Italy CPI (EU Norm) Preliminary yy for May: Expected -0.2%; Prior 0.1%
0900 (approx.) Italy CPI NSA for May: Prior 103.0
0900 Euro Zone HICP Flash yy for May: Expected 0.1%; Prior 0.3%
0900 Euro Zone HICP-X F&E Flash yy for May: Expected 1.1%; Prior 1.1%
0900 Euro Zone HICP-X F,E,A&T Flash yy for May: Expected 0.8%; Prior 0.9%
0900 (approx.) Euro Zone HICP-X F, E, A, T Flash mm for May: Prior 0.70%
0900 (approx.) Euro Zone CPI NSA for May: Prior 105.48
1000 (approx.) Portugal GDP qq Final for Q1: Prior -3.9%
1000 (approx.) Portugal GDP yy Final for Q1: Prior -2.4%
1300 Belgium GDP qq Revised SA for Q1: Prior -3.9%