May 30
Canadian Q1 and March GDP and core PCE in the U.S. will dominate the
economic news of the day as markets prepare for the final trading day of
May. In addition to comments from the Fed and Canadian finance ministers,
markets will also be paying attention to European Central Bankers on
Friday.
At 8:30 a.m. EDT, the U.S. Commerce Department will release its
personal income and spending report for April. Economists are expecting
personal spending to rise 0.2% month-over-month after picking up 0.4% in
the previous month.
At 9:45 a.m. EDT, markets will receive the Chicago Purchasing
Managers’ Index for May, which is expected to…