Schedule for Week of June 5, 2022

The key report this week is CPI.

Other key reports include the April trade balance and Q1 Flow of Funds.

—– Monday, June 6th —–

No major economic releases scheduled.

—– Tuesday, June 7th —–

U.S. Trade Exports Imports 8:30 AM: Trade Balance report for April from the Census Bureau.

The consensus is the trade deficit to be $89.3 billion.  The U.S. trade deficit was at $109.8 Billion in March.

—– Wednesday, June 8th —–

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

—– Thursday, June 9th —–

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand up from 200 thousand last week.

12:00 PM: Q1 Flow of Funds Accounts of the United States from the Federal Reserve.

—– Friday, June 10th —–

8:30 AM: The Consumer Price Index for May from the BLS. The consensus is for 0.7% increase in CPI, and a 0.5% increase in core CPI.

10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for June).