by Calculated Risk on 6/04/2022 08:11:00 AM

The key report this week is CPI.

Other key reports include the April trade balance and Q1 Flow of Funds.

----- Monday, June 6th -----
No major economic releases scheduled.

----- Tuesday, June 7th -----
8:30 AM: Trade Balance report for April from the Census Bureau.

The consensus is the trade deficit to be $89.3 billion.  The U.S. trade deficit was at $109.8 Billion in March.

----- Wednesday, June 8th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

----- Thursday, June 9th -----
8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand up from 200 thousand last week.

12:00 PM: Q1 Flow of Funds Accounts of the United States from the Federal Reserve.

----- Friday, June 10th -----
8:30 AM: The Consumer Price Index for May from the BLS. The consensus is for 0.7% increase in CPI, and a 0.5% increase in core CPI.

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for June).