Note - the data start from Japan at 2330GMT, 20 minutes earlier than the regular 2350GMT. Don't be away from the desk getting a coffee at 2330, or you'll miss the CPI data! (Don't ask me how I know this ;-) )
- 2330GMT Overall Household Spending y/y for April, expected is +3.0%, prior was +10.6%
- 2330GMT Jobless Rate for April, expected is 3.4%, prior was 3.4%
- 2330GMT Job-To-Applicant Ratio for April, expected is 1.15, prior was 1.15
The inflation data:
- 2330GMT National CPI y/y for April, expected is 0.6%, prior was 2.3%
(Note: The Bank of Japan has estimated that the sales tax hike (to 8 percent from 5 percent on April 1 2014) added 1.7 percentage points to the annual consumer inflation rate in April 2014, and 2.0 points from the following month. So subtract 2 from the PRIOR numbers. this effect rolls off after today, so for next month you can put the HP12C away)
- 2330GMT National CPI y/y excluding Fresh Food for April, expected is 0.2%, prior was 2.2%
- 2330GMT National CPI excluding Food, Energy y/y for April, expected is 0.3%, prior was 2.1%
- 2330GMT Tokyo CPI y/y for May, expected is 0.5%, prior was 0.7%
(The Tokyo inflation data is for May, so the sales effect impact has rolled off - no need to subtract anything)
- 2330GMT Tokyo CPI excluding Fresh Food y/y for May, expected is 0.2%, prior was 0.4%
- 2330GMT Tokyo CPI excluding Food, Energy y/y for May, expected is 0.0%, prior was 0.0%
OK ... now you can breathe ... the next lot:
2350GMT Industrial Production m/m for April (preliminary reading), expected is +1.0%, prior was -0.8%
2350GMT Industrial Production y/y for April (preliminary), expected is -0.1%, prior was -1.7%
Much later in the day we'll get April vehicle production, housing starts and construction orders. But by then Mike will be in to kick *** and take names!
