In the coming week in Australia, updates on business investment, building approvals and credit growth feature on the data docket. The figures on investment spending will help formulate views on economic growth for the March quarter.
The Memorial Day public holiday is observed in the US on Monday. Financial markets are closed. But over the week the second estimate of US economic growth, an update on US income and spending (including the US Federal Reserve’s key inflation measure) and China’s official factory gauge will dominate headlines.
Published by Ryan Felsman, Senior Economist, CommSec