[Key Events This Week: "Super Central Bank Week" is Coming, Warsh's Debut, Japan May Hike Interest Rates]
1. Monday:
① Data: Switzerland May Consumer Confidence Index; Eurozone April Seasonally Adjusted Trade Balance, Industrial Production MoM; Canada April Wholesale Sales MoM; US June New York Fed Manufacturing Index, NAHB Housing Market Index, May Industrial Production MoM; China May Total Electricity Consumption Year-on-Year, Total Electricity Consumption (TBD).
② Events: National Energy Administration releases total electricity consumption data around the 15th of each month (TBD); G7 Summit opens, until June 17; ECB President Lagarde delivers a speech; 600 billion yuan of six-month reverse repurchase agreements mature. 2. Tuesday: ① Data: China's May retail sales of consumer goods (YoY) and industrial value-added of enterprises above designated size (YoY); Bank of Japan interest rate decision; Reserve Bank of Australia interest rate decision; Germany and the Eurozone's June ZEW economic sentiment index; US ADP employment change (weekly), May housing starts (annualized), building permits, and import price index (monthly). ② Events: China Academy of Information and Communications Technology (CAICT) holds a seminar; National Bureau of Statistics releases monthly report on residential sales prices in 70 large and medium-sized cities; State Council Information Office holds a press conference on the national economic situation; Bank of Japan announces interest rate decision, and Deputy Governor Shinichi Uchida holds a press conference; Reserve Bank of Australia announces interest rate decision, and Governor Bullock holds a press conference.
3. Wednesday: ① Data: US API and EIA weekly crude oil inventory reports, May retail sales (monthly), existing home sales index (monthly), and April business inventories (monthly); UK May CPI (monthly) and retail price index (monthly); Eurozone May final CPI (yearly). ② Events: The 2026 Lujiazui Forum will be held from June 17th to 18th; the IEA monthly report will be released.
4. Thursday: ① Data: FOMC interest rate decision, US initial jobless claims, June Philadelphia Fed Manufacturing Index, May Conference Board Leading Economic Index (MoM), EIA Natural Gas Storage Weekly Report; China's May SWIFT RMB share in global payments; Switzerland's May trade balance; Bank of England interest rate decision, April three-month ILO unemployment rate, UK May unemployment rate, jobless claims; Swiss National Bank interest rate decision; Eurozone April seasonally adjusted current account; ② Events: A new round of price adjustments for domestic refined oil products will begin; FOMC releases interest rate decision and summary of economic projections, Chairman Warsh holds a press conference; Swiss National Bank releases interest rate decision; Bank of England releases interest rate decision and meeting minutes.
③ Holidays: Shanghai Gold Exchange, Shanghai Futures Exchange, Zhengzhou Commodity Exchange, and Dalian Commodity Exchange will not have night trading sessions. 5. Friday: ① Data: US total oil rig count for the week ending June 19; UK June GfK Consumer Confidence Index; Japan May core CPI year-on-year rate; Germany May PPI month-on-month rate; UK May public sector net borrowing and seasonally adjusted retail sales month-on-month rate; Canada April retail sales month-on-month rate. ② Holidays:
The New York Stock Exchange will be closed for the day; trading in precious metals, energy, foreign exchange, stock index, and US Treasury bond futures contracts on the CME Group will end early at 01:00 Beijing time on the 20th; trading in Brent crude oil futures contracts on the Intercontinental Exchange (ICE) will end early at 01:30 Beijing time on the 20th; the Taiwan Stock Exchange will be closed for the day; the Hong Kong Stock Exchange will be closed for the day, with northbound and southbound trading closed; the Shanghai and Shenzhen Stock Exchanges, the Beijing Stock Exchange, and domestic futures exchanges will be closed.
