UK drama and EU elections get underway

The US jobless claims will be released at 8:30 AM ET with the expectations at 215K vs 212K last week.

Other items on the economic calendar includes:

  • Canada Wholesale sales for March 0.9% est vs 0.3% last. 8:30 AM ET/1230 GMT
  • Markit US Manufacturing PMI for May 52.7 est vs 52.6 last. 9:45 AM ET/1345 GMT
  • Markit US Services PMI for May 53.5 est vs 53.0 last.
  • Markit US Composite PMI for May last 53.0.
  • New home sales will be released at 10 AM ET/1400 GMT with annualized sales pace at 675K vs 692K last month
  • Kansas City Fed Manufacturing Activity index will be released at 11 AM ET/1500 GMT with estimate at 6 vs 5 last month
  • At 1 PM ET Fed's Kaplan, Daly, Bostic, and Barkin will speak on a panel to discuss technology enabled disruption and the implications for business, labor markets and monetary policy
  • Day 1 of the European elections is underway
  • The political uncertainty in the UK continues
  • The political uncertainty in the US continues
  • The internatinal uncertainty from the US-China trade issues continues