Key Economic Events: Week Of 1st June 2026
Release Date: 1st June 2026
What to Expect in Markets This Week: This week features a mix of holiday closures in Germany, New Zealand, and Brazil, followed by a heavy slate of PMI data from the UK and U.S., Eurozone inflation figures, and the critical U.S. labor market report (NFP). Markets will also watch the JOLTS job openings and ISM manufacturing/services prints for clues on growth and labor demand. The next Fed Interest Rate Decision on 17 June 2026 remains the final forward-looking USD policy marker in this calendar sequence.
01 June 2026
GR - Holiday - Whit Monday
Date:
01-Jun-26, Mon, All Day
Currency:
Holiday
Importance:
3
Forecast:
-
Previous:
-
Notes:
Whit Monday is observed as a public holiday in Germany. Reduced local participation can limit EUR liquidity and make Eurozone crosses more sensitive to broader European risk sentiment.
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Legacy
NZ - Holiday - King's Birthday
Date:
01-Jun-26, Mon, All Day
Currency:
Holiday
Importance:
3
Forecast:
-
Previous:
-
Notes:
King's Birthday is a New Zealand public holiday. Local market closures can reduce NZD liquidity and shift attention toward regional sentiment and offshore USD flows.
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Legacy
UK - Manufacturing PMI (May) - UK
Date:
01-Jun-26, Mon, 14:00 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
-
Notes:
UK Manufacturing PMI measures business conditions in the manufacturing sector. A reading above 50 indicates expansion and can support GBP, while a miss can signal industrial cooling.
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GBPJPY GBPUSD
US - Manufacturing PMI (May)
Date:
01-Jun-26, Mon, 19:15 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
The S&P Global Manufacturing PMI tracks business conditions in the U.S. manufacturing sector. Stronger readings can support USD by reinforcing growth resilience, while weakness can fuel recession fears and pressure yields.
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USDJPY EURUSD
US - ISM Manufacturing PMI (May)
Date:
01-Jun-26, Mon, 19:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
The ISM Manufacturing PMI is a key indicator of U.S. industrial health. A move above 50 signals expansion and often supports the dollar through expectations of sustained economic momentum.
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USDJPY EURUSD
02 June 2026
EU - CPI (YoY) (May)
Date:
02-Jun-26, Tue, 14:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
-
Notes:
Eurozone CPI is the primary measure of inflation for the region. A hotter-than-expected print can support EUR by keeping the ECB on a hawkish path, while softer inflation can pressure the currency.
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EURJPY EURUSD
US - JOLTS Job Openings (Apr)
Date:
02-Jun-26, Tue, 19:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
JOLTS Job Openings measures the number of job vacancies, providing a read on labor demand. A high number suggests a tight labor market, supporting USD, while a decline can signal softening demand.
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USDJPY EURUSD
03 June 2026
UK - Composite PMI (May)
Date:
03-Jun-26, Wed, 14:00 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
-
Notes:
The UK Composite PMI provides a broad view of the economy by combining manufacturing and services data. Resilience here supports GBP through better growth expectations.
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GBPJPY GBPUSD
UK - Services PMI (May)
Date:
03-Jun-26, Wed, 14:00 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
-
Notes:
Services PMI is critical as services are the dominant component of the UK economy. Strong data can support GBP by suggesting robust domestic demand and potentially persistent inflation.
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GBPJPY GBPUSD
US - ADP Nonfarm Employment Change (May)
Date:
03-Jun-26, Wed, 17:45 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
ADP Nonfarm Employment Change is a precursor to the official NFP report, tracking private sector employment. A strong reading can support USD, though its correlation with the official labor report varies.
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USDJPY EURUSD
US - Services PMI (May)
Date:
03-Jun-26, Wed, 19:15 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
The S&P Global Services PMI tracks activity in the dominant U.S. services sector. Resilience here supports the "higher for longer" narrative for USD, while a miss can weigh on growth sentiment.
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USDJPY EURUSD
US - ISM Non-Manufacturing PMI (May)
Date:
03-Jun-26, Wed, 19:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
ISM Non-Manufacturing PMI is a critical gauge of the U.S. service sector. A strong reading highlights economic resilience, supporting the dollar and yields by reducing the urgency for rate cuts.
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USDJPY EURUSD
04 June 2026
BR - Holiday - Corpus Christi
Date:
04-Jun-26, Thu, All Day
Currency:
Holiday
Importance:
3
Forecast:
-
Previous:
-
Notes:
Corpus Christi is observed as a public holiday in Brazil. Reduced local participation can thin BRL liquidity and make regional EM sentiment more dependent on global risk appetite and commodity moves.
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Legacy
UK - Construction PMI (May)
Date:
04-Jun-26, Thu, 14:00 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
-
Notes:
Construction PMI tracks activity in the UK building sector. While smaller than services, it provides insight into investment and rate sensitivity in the UK economy, with stronger data supporting GBP.
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GBPJPY GBPUSD
05 June 2026
UK - Halifax House Price Index (YoY) (May)
Date:
05-Jun-26, Fri, 11:30 IST
Currency:
GBP
Importance:
3
Forecast:
Link
Previous:
-
Notes:
The Halifax House Price Index is a key indicator of the UK housing market's health. Rising prices can signal consumer resilience and support GBP, while a decline highlights the impact of high interest rates on households.
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GBPJPY GBPUSD
US - Average Hourly Earnings (MoM) (May)
Date:
05-Jun-26, Fri, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
Average Hourly Earnings provide a timely read on wage inflation. Persistent wage growth can keep Fed policy expectations restrictive, supporting USD, while a soft reading can pressure yields.
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USDJPY EURUSD
US - Nonfarm Payrolls (May)
Date:
05-Jun-26, Fri, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
Nonfarm Payrolls is the most critical U.S. labor market data. Strong job growth supports USD through firm rate expectations, while a jump in unemployment or soft hiring can signal a policy pivot, weighing on the dollar.
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USDJPY EURUSD
US - Unemployment Rate (May)
Date:
05-Jun-26, Fri, 18:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
The Unemployment Rate tracks the percentage of the labor force that is jobless. A rise here is often a catalyst for market expectations of a more dovish Federal Reserve, potentially weighing on USD and yields.
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USDJPY EURUSD
17 June 2026
USD - Fed Interest Rate Decision
Date:
17-Jun-26, Wed, 23:30 IST
Currency:
USD
Importance:
3
Forecast:
CME FedWatch Tool
Previous:
3.63%
Notes:
The Federal Reserve Interest Rate Decision remains the key medium-term USD catalyst. The 17 June 2026 meeting will reset expectations for policy guidance, the rate path and near-term risk sentiment. This appears as the next Fed decision in this calendar sequence.
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USDJPY EURUSD