China’s May trade balance data is due out over this weekend, which could have an impact on markets come Monday morning opening, particularly on the AUD. Note also, its a holiday in Australia on Monday (for major market centres, Western Australia is still open but Melbourne and Sydney are both closed).

Due at 0200GMT on Saturday June 7:

  • China trade balance for May: expected is +$22.30bn, prior was -18.45bn
  • Exports for May y/y: expected is +6.6%, prior was +0.9%
  • Imports for May y/y: expected is +6.0%, prior was +0.8%