U.S. monthly output of industrial output in April is worth noting

The economic data of various countries will be intensively announced next week, among which the monthly rate of industrial output in the United States in April is worthy of attention. On the domestic front, after the completion of the restocking phase, domestic fiscal investment saw significant results in the first quarter, and infrastructure industries and other basic industries recovered strongly. However, authoritative sources stated that such a strong recovery cannot be maintained effectively. In Europe, commodity prices rebounded in April, and inflation and year-on-year figures will continue to stabilize. In the United States, the core PEC price index rose significantly due to the sharp rebound in commodities such as crude oil and agricultural products (12.990, -0.26, -1.96%). However, due to the expected rate hike, the US real estate market has been hard to highlight, and it is expected that the United States The sluggishness of the market will continue to be maintained in the April data.

On Monday, May 16, Germany announced the initial value of PMI in May and the initial value of comprehensive PMI in May.

The German service industry is currently stable. The service industry PMI has remained within the range of 53.8-54.5, and the manufacturing industry has remained stable. There is no sign of accelerated recovery. It is expected that the initial value of comprehensive PMI will remain stable in May.

On Tuesday, May 17, the Eurozone announced the March quarterly adjusted trade balance; the United States announced the annual rate of adjusting the core CPI in the last quarter of April, the annualized monthly rate of new housing starts in April, the building permit in April, the construction of new houses in April, and the industrial production in April. Monthly rate.

Despite the hype by the UK's Brexit event, the euro zone's seasonally adjusted trade account has little impact and remains stable. Affected by the rise in the recovery of commodities from years ago, it is expected that the core CPI will increase in the United States by the end of April. Although the U.S. manufacturing industry is recovering steadily, real estate still stagnates. Construction permits for leading indicators and construction of new houses all show that the real estate market still has no bright spots. It is expected that the US real estate market will be low in April. The durable goods order data in the United States has not yet seen a turn for the better. Prior to this, orders after deducting defense supplies fell slightly. It is expected that the monthly rate of industrial output will decline slightly in April.

On Wednesday, May 18, Japan announced the first quarterly real GDP deflator; the euro zone announced the April CPI monthly rate.

Japan’s economic recovery is slow, and the economic recovery led by monetary policy has not yet been effective. The Japanese government may instead expand its fiscal policy and expect Japan’s GDP to be low in the first quarter. As crude commodities such as crude oil rebounded sharply in the first quarter, the PPI in the euro area is expected to rebound year-on-year in April.

On May 19, Thursday, Japan announced the monthly rate of core machinery orders in March; Australia's Central Bank announced the employed population and unemployment rate in April; the United States announced the number of jobless claims in the week of May 14th; the month-month leading index of the April consultative conference. .

Affected by the weak overseas economy, the monthly rate of core machinery orders in Japan in March is not expected to be optimistic. The Australian job market has been relatively stable. It is expected that the data range fluctuations in April will be events with high probability. The U.S. job market began to decline in March, and it is still healthy overall. The salary and other data slightly indicate that the number of initial jobless claims in May will be lower than 280,000. In April, the monthly rate of leading indicators of the consultative meeting may continue to rebound.

On Friday, May 20, the United States announced annual sales of existing homes in April.

By the Fed rate hike expectations, the United States real estate market has always been difficult to have brilliant data, new housing starts construction index has been in the range of shocks, is expected to April annual housing sales fluctuated as a high probability event, taking into account the high base effect in March In April, the data may be stable and small.