Daily Economic Calendar – June 5, 2017

You’re watching the Economic Calendar for Monday, the 5th of June. Here’s a rundown of the most important news releases.
The schedule actually begins at 11:30 PM on Sunday for Aussie Dollar traders, as Australian Performance of Service Index for May is released at this time. The Index has been recovering for the past two months, having slipped in the negative territory in February.

Markets will be closed on Monday across several European countries, including Germany, France, and Switzerland, as Whit Monday is observed.
Japanese Services PMI for May is out at half past midnight. The Index eased in April from the 19-month high it reached a month ago.
Chinese Caixin Services PMI for May will be available at 1:45. The April data was somewhat disappointing as the Index posted its fourth consecutive monthly decline.
UK Services PMI for May follows at 8:30, and the British service sector actually grew more than anticipated in April, hitting a 5-month high.
Coming up next at 2 PM GMT is the closely watched US ISM Non-Manufacturing PMI for May. The Index rebounded strongly in April as new orders saw especially notable growth.
US Factory Orders for April are out at the same time, and this particular piece of data actually surprised on the downside in March, following two months of better-than-expected growth.
There’s little on the schedule until 11:01 in the evening, when the UK BRC Like-for-Like Sales for May are released. Sales returned to growth in April, following three months of decline.
And a high importance event for Aussie Dollar traders is out at 4:30 AM, when the Reserve Bank of Australia will release its latest Monetary Policy Statement. Traders are not anticipating any rate hikes, but they will be scrutinising the commentary on the economic outlook.