Below in an extract of the US economic data in May and extended to current June 3rd 2011.
| Date | Statistic | For | Actual | Prior | Revised From |
| 2-May | Construction Spending | Mar | 1.40% | -2.40% | -1.40% |
| 2-May | ISM Index | Apr | 60.4 | 61.2 | - |
| 3-May | Factory Orders | Mar | 3.00% | 0.70% | 0.10% |
| 4-May | MBA Mortgage Index | 29-Apr | 4% | -5.60% | - |
| 4-May | Challenger Job Cuts | Apr | -5.00% | -38.60% | - |
| 4-May | ADP Employment Change | Apr | 179K | 207K | 201K |
| 4-May | ISM Services | Apr | 52.8 | 57.3 | - |
| 4-May | Crude Inventories | 30-Apr | 3.421M | 6.156M | - |
| 5-May | Initial Claims | 30-Apr | 474K | 431K | 429K |
| 5-May | Continuing Claims | 23-Apr | 3733K | 3659K | 3641K |
| 5-May | Productivity-Prel | Q1 | 1.60% | 2.90% | 2.60% |
| 5-May | Unit Labor Costs | Q1 | 1.00% | -1.00% | -0.60% |
| 6-May | Nonfarm Payrolls | Apr | 244K | 221K | 216K |
| 6-May | Nonfarm Private Payrolls | Apr | 268K | 231K | 230K |
| 6-May | Unemployment Rate | Apr | 9.00% | 8.80% | - |
| 6-May | Hourly Earnings | Apr | 0.10% | 0.20% | 0.00% |
| 6-May | Average Workweek | Apr | 34.3 | 34.3 | - |
| 6-May | Consumer Credit | Mar | $6.0B | $7.6B | - |
| 10-May | Export Prices ex-ag. | Apr | 1.00% | 1.40% | 1.30% |
| 10-May | Import Prices ex-oil | Apr | 0.60% | 0.70% | 0.60% |
| 10-May | Wholesale Inventories | Mar | 1.10% | 1.00% | - |
| 11-May | MBA Mortgage Index | 6-May | 8.20% | 4% | - |
| 11-May | Trade Balance | Mar | -$48.2B | -$45.4B | -$45.8B |
| 11-May | Crude Inventories | 7-May | 3.781M | 3.421M | - |
| 11-May | Treasury Budget | Apr | -$40.5B | -$82.7B | - |
| 12-May | Initial Claims | 7-May | 434K | 478K | 474K |
| 12-May | Continuing Claims | 30-Apr | 3756K | 3751K | 3733K |
| 12-May | PPI | Apr | 0.80% | 0.70% | - |
| 12-May | Core PPI | Apr | 0.30% | 0.30% | - |
| 12-May | Retail Sales | Apr | 0.50% | 0.90% | 0.40% |
| 12-May | Retail Sales ex-auto | Apr | 0.60% | 1.20% | 0.80% |
| 12-May | Business Inventories | Mar | 1.00% | 0.70% | 0.50% |
| 13-May | CPI | Apr | 0.40% | 0.50% | - |
| 13-May | Core CPI | Apr | 0.20% | 0.10% | - |
| 13-May | Mich Sentiment | May | 72.4 | 69.8 | - |
| 16-May | Empire Manufacturing | May | 11.9 | 21.7 | - |
| 16-May | Net Long-Term TIC Flows | Mar | $24.0B | $27.2B | $26.9B |
| 16-May | NAHB Housing Market Index | May | 16 | 16 | - |
| 17-May | Housing Starts | Apr | 523K | 585K | 549K |
| 17-May | Building Permits | Apr | 551K | 574K | 594K |
| 17-May | Industrial Production | Apr | 0.00% | 0.70% | 0.80% |
| 17-May | Capacity Utilization | Apr | 76.90% | 77.00% | 77.40% |
| 18-May | MBA Mortgage Index | 13-May | 7.80% | 8.20% | - |
| 18-May | Crude Inventories | 14-May | 3.703M | 3.703M | - |
| 18-May | FOMC Minutes | May | - | - | - |
| 19-May | Initial Claims | 14-May | 409K | 438K | 434K |
| 19-May | Continuing Claims | 7-May | 3711K | 3792K | 3756K |
| 19-May | Existing Home Sales | Apr | 5.05M | 5.09M | - |
| 19-May | Philadelphia Fed | May | 3.9 | 18.5 | - |
| 19-May | Leading Indicators | Apr | -0.30% | 0.70% | 0.40% |
| 24-May | New Home Sales | Apr | 323K | 301K | 300K |
| 25-May | MBA Mortgage Index | 20-May | 1.10% | 7.80% | - |
| 25-May | Durable Orders | Apr | -3.60% | 4.40% | 4.10% |
| 25-May | Durable Orders -ex Transportation | Apr | -1.50% | 2.50% | 2.30% |
| 25-May | FHFA Housing Price Index | Mar | 0.30% | -1.50% | -1.60% |
| 25-May | Crude Inventories | 21-May | 616K | -15K | - |
| 26-May | GDP - Second Estimate | Q1 | 1.80% | 1.80% | - |
| 26-May | GDP Deflator - Second Estimate | Q1 | 1.90% | 1.90% | - |
| 26-May | Initial Claims | 21-May | 424K | 414K | 409K |
| 26-May | Continuing Claims | 14-May | 3690K | 3736K | 3711K |
| 27-May | Personal Income | Apr | 0.40% | 0.40% | 0.50% |
| 27-May | Personal Spending | Apr | 0.40% | 0.50% | 0.60% |
| 27-May | PCE Prices - Core | Apr | 0.20% | 0.10% | - |
| 27-May | Michigan Sentiment - Final | May | 74.3 | 72.4 | - |
| 27-May | Pending Home Sales | Apr | -11.60% | 3.60% | 5.10% |
| 30-May | No data | ||||
| 31-May | Case-Shiller 20-city Index | Mar | -3.61% | -3.34% | -3.33% |
| 31-May | Chicago PMI | May | 56.6 | 67.6 | - |
| 31-May | Consumer Confidence | May | 60.8 | 66 | 65.4 |
| 1-Jun | MBA Mortgage Index | 27-May | -4.00% | 1.10% | - |
| 1-Jun | Challenger Job Cuts | May | -4.30% | -5.00% | - |
| 1-Jun | ADP Employment Change | May | 38K | 177K | 179K |
| 1-Jun | ISM Index | May | 53.5 | 60.4 | - |
| 1-Jun | Construction Spending | Apr | 0.40% | 0.10% | 1.40% |
| 2-Jun | Initial Claims | 28-May | 422K | 428K | 424K |
| 2-Jun | Continuing Claims | 21-May | 3711K | 3712K | 3690K |
| 2-Jun | Productivity-Rev. | Q1 | 1.80% | 1.60% | - |
| 2-Jun | Unit Labor Costs-Rev. | Q1 | 0.70% | 1.00% | - |
| 2-Jun | Factory Orders | Apr | -1.20% | 3.80% | 3.40% |
| 2-Jun | Crude Inventories | 28-May | 2878K | 616K | - |
| 3-Jun | Nonfarm Payrolls | May | - | 244K | - |
| 3-Jun | Nonfarm Private Payrolls | May | - | 268K | - |
| 3-Jun | Unemployment Rate | May | - | 9.00% | - |
| 3-Jun | Hourly Earnings | May | - | 0.10% | - |
| 3-Jun | Average Workweek | May | - | 34.3 | - |
| 3-Jun | ISM Services | May | - | 52.8 | - |
Referring back to the article, Sell in May and go away note the highlights in Red.
And before the release of the US Nonfarm payrolls tonight at Singapore time 830pm, I would expect global equity markets to be fairly conservative. Depending on the outcome of the Nonfarm report and how global investors interpret the data, it could mean the trigger for markets to go further South or reverse the current trend for the next week or so.
0 comments:
Post a Comment