Europe and US inflation measures, Yellen speaks (and plenty of other Fed heads) are the major events, but what have I missed that you're watching for?

Monday

U.S. Commerce Department durable-goods report for May (flash / preliminary)

  • Was slower in April (-0.8%), what about May? Expected is -0.6%

Tuesday:
Federal Reserve Chairwoman Janet Yellen speaks in London

  • On the global economy
  • 1700GMT
  • No prepared text
  • There will be audience Q&A

(But you knew all this, right?)

Friday:
Eurozone inflation figures come out during the week, and on Friday we get the read for the zone as a whole, for June

  • CPIs (y/y) in Italy, Spain, France & Germany are expected to have slowed a touch from May's pace
  • Eurozone CPI expected +1.2% y/y , prior 1.4%
  • If the expected is the actual, that'd be the slowest pace this year ... which should raise the focus on ECB hesitancy to reduce its stimulus measures even though growth is picking up.

U.S. Commerce Department personal income & outlays (May). This report includes the Federal Reserve's preferred inflation gauge, the price index for personal-consumption expenditures (PCE)

  • Personal income expected +0.3% (prior +0.4)
  • Personal spending +0.1% (prior +0.4%)
  • PCE Core expected 0.1% m/m & 1.4% y/y (priors 0.2% & 1.5% respectively)