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Monday is a relatively slow day, with no major economic announcements on the schedule in the U.S. Markets will have U.K. employment conditions and French industrial production to guide shares.Here’s what you need to know.
- The U.K. starts things off at 7:00 p.m. on Sunday evening with a reading of the Lloyd’s Employment Confidence index. There is no consensus for the report.
- Japanese large manufacturer business conditions hit at 7:50 p.m. It last read at -7.3.
- Announcements go quiet until 1:00 a.m. on Monday morning, when Japan will release consumer confidence. Economists forecast the index will decline to 39.8 in May.
- French industrial production follows at 2:45 a.m., with expectations for a 0.1 per cent slide in April.
- At 4:00 a.m., Italy will release its final first quarter GDP report. Economists project the economy contracted by 0.8 per cent during the period.
- Portugal’s trade balance will be released at 6:00 a.m.
- Closing out the day is a reading of industrial production in Mexico.
There are no major earnings announcements scheduled for Morning.
Consensus estimates provided by Bloomberg. All times are in Eastern Standard Time.