The following is a daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
Sunday, June 1
China releases its official manufacturing purchasing manager's index for May. The index is expected to rise to 50.6 from April's 50.4, according to a Reuters survey.
Monday, June 2
China markets closed for a holiday.
Japan releases first-quarter capital spending and May Manufacturing Purchasing Managers Index.
Euro zone and the UK releases May manufacturing PMI while Germany releases its May consumer price index.
(930 a.m. ET) RBC releases the Canadian manufacturing PMI for May.
(945 a.m. ET) Market manufacturing PMI for the U.S. in May.
(10 a.m. ET) U.S. Institute of Supply Management manufacturing PMI for May. Consensus is for a reading of 55.5, up from April's 54.9.
(10 a.m. ET) U.S. construction spending for April. Consensus is for a 0.7 per cent rise after rising by 0.2 per cent in March.
Earnings include: Krispy Kreme Doughnuts.
Tuesday, June 3
China releases its non-manufacturing PMI for May (date may change). And HSBC releases its manufacturing PMI for China.
Euro zone releases consumer price index for May while the U.K. releases its construction PMI and nationwide house prices.
(10 a.m. ET) U.S. releases factory orders for April. Consensus is for a 0.5 per cent rise, after gaining 0.9 per cent in March.
Earnings include: Canaccord Financial, Hudson's Bay, Dollar General.
Wednesday, June 4
G7 leaders begin two-day meeting in Brussels.
Quebec reveals budget.
Japan and the euro zone release services PMI data for May. The euro zone also releases its first-quarter GDP and April producer price index data.
(815 a.m. ET) U.S. releases the ADP National Employment Report for the private sector. Consensus is for 215,000 job gains.
(830 a.m. ET) U.S. releases first-quarter productivity and unit labor costs.
(830 a.m. ET) U.S. releases goods and services trade deficit. Consensus is for $40.6-billion.
(830 a.m. ET) Canada releases merchandise trade balance for April, with the consensus expecting a deficit of $230-million, swinging from a surplus of $250-million in April.
(10 a.m. ET) Bank of Canada makes policy announcement.
(10 a.m. ET) U.S. releases non-manufacturing ISM.
(2 p.m. ET) Federal Reserve releases its Beige Book on economic conditions.
Earnings include: Andrew Peller, Laurentian bank, Nordion.
Thursday, June 5
China releases the HSBC PMI services composite index for May.
G7 leaders conclude two-day meeting in Brussels.
Euro zone releases retail sales data for April and Germany releases factory orders.
(830 a.m. ET) Canada releases building permits for April, forecast to rise 4 per cent after slipping 3 per cent in March.
(830 a.m. ET) U.S. releases initial jobless claims for last week, forecast to rise to 313,000 from the previous week's 300,000.
Earnings include: Canadian Western Bank, Com Dev, GLV, Saputo, Transportation, Ciena, J.M. Smucker, Joy Global, Vail Resorts.
Friday, June 6
China to releases trade surplus for May, forecast at $22.8-billion (date subject to change).
Germany releases industrial production and Germany, France and the U.K. release trade surplus numbers for April.
(830 a.m. ET) Canada releases employment report for May. Consensus is for 21,300 net job gains with the unemployment rate holding steady at 6.9 per cent.
(830 a.m. ET) U.S. releases nonfarm payrolls report for May. Consensus is for 219,000 net new jobs, which would be less than the 288,000 net new jobs in April. The unemployment report is forecast to hold steady at 6.4 per cent.