World weekly financial calendar

India: RBI's weekly tender of 1 billion rupees of 14-, 91-day T-bills.

Thailand: Bank of Thailand to release foreign reserves and outstandingforwards data at May 28 at 1500. (Previous: May 21, the reserves stood at $30.6 billion and the swaps at -$3.6 billion)

New Zealand: Building work put in place for the first quarter

New Zealand: Government accounts for Jly-Apr

Japan: Apr prelim leading economic index at 1400 (Previous: Mar 60.0r)

Japan: Apr prelim coincident economic index at 1400 (Previous: Mar 60.0r)

S. Korea: May M2 money supply to be released by the Bank of Korea (BOK). M2 money supply grew 34.8% on-year in April.

Malaysia: May inflation figure may be released (Apr: up 2.9% on-year).

Malaysia: End-May foreign exchange reserves may be released (112.73 bln ringgit).

Singapore: Results for Singapore Telecommunications for the year ending Mar 31.

S. Korea: Derivatives transactions for Jan-Mar '99.

--Germany: Final day of summit of EU leaders in Cologne

--0645 France: May household confidence survey

--0715 Switzerland: Apr retail sales. March retail sales were up a real 9.3% and a nominal 9.2% on year, the strongest rise in years

--0730 Denmark: Danish Apr industrial sales volume

--0745 Norway: Norwegian Apr industrial production

--0830 UK: Q1 construction output

--0930 Sweden: Apr unemployment from the Labor Office

--1000 Germany: BBK's Tietmeyer to attend Euromoney event, Frankfurt

--1000 Sweden: Mar industrial production ). In Feb industrial output was up 1.8% on the month and rose 0.7% on the year.

--1010 Sweden: Mar business activity index. The index was dn 0.4% on the month in Feb, indicating stronger economic activity

--1000 Switzerland: KOF Apr barometer. The March barometer, indicating growth for the next 6-9 months, was -0.15, a slowdown from the previous months' negative measures. This confirmed growth should be picking up toward the end of the year

--1100 Ireland: May live register statement (Previous: Apr adj -2,300 on mo, -34,400 on yr)

--Spain: The 26th Financial Markets Seminar in Seville. Speakers include Cristobal Montoro, Secretary of State for the Economy, and Luis Angel Rojo, Bank of Spain Governor

--Germany: Apr wholesale sales . Prev: up 5.0% real, up 0.3% nom on yr

--Netherlands: Bond announcement

--UK: Commonwealth central bankers meet in London for their annual get- together. No public or press sessions scheduled.

Richmond Federal Reserve Bank President Alfred Broaddus addresses the Richmond Chapter of CLU-CHFC in Richmond, Va.; 0730 ET (1130 GMT)

May employment report (Apr: jobless rate 4.3%, non-farm payroll jobs +234,000; Forecast: 4.3%, payroll jobs +225,000); 0830 ET (1230 GMT)

May Economic Cycle Research Institute US Future Inflation Gauge (Apr: 108.5); 0940 ET (1340 GMT)

Apr housing completions; (Mar: +12.7% to 1.723 mln units); 1000 ET (1400 GMT)

May Columbia University leading inflation index (Apr: 105.5); 1000 ET (1400 GMT)

Dallas Federal Reserve Bank President Robert McTeer participates in a Y2K news conference to talk about the likely effects of the century date change on the banking system, El Paso, Texas; 1300 ET (1700 GMT)

May Treasury strips report on government securities (Apr: +$640 mln to $222.779 bln); 1500 ET (1900 GMT)

Commercial/industrial loans for week ended May 26; (week ended May 19: $947.4 bln, -$1.6 bln); 1615 ET (2015 GMT)

Asia

Taiwan: May CPI data at 1100

India: RBI to detail Reserve Money on May 21. (Previous: May 14 up 14.0% on year)

India: FX reserves on May 28. (previous: May 21: US $33.443 billion, up $193 million on week)

India: "WMA" loans to government on May 21. (Previous: May 14: 72.84 billion rupees, down from 117.21 bln a week earlier.)

S. Korea: Derivatives transactions for Jan-Mar '99.

China: May industrial production (usually released around 7-8 of each month)

Hong Kong: HKMA to release foreign reserves data for May after 1615

India: CSO to detail April Index of Industrial Production quick estimates. (Previous: y/o/y: March: +2.5% versus +4% yr ago; 1998-99: +3.8% vs +6.6%.) (42.75 rupees--US $1);possible this week

Australia: ANZ job ads for May

Taiwan: May trade data at 1040

Japan: EPA's weekly data analysis at 1400

--Germany: Apr manufacturing orders. Prev: dn 1.7% vs Feb, dn 5.3% on yr

--Italy: ECB's Padoa-Schioppa to speak at Association Lombardo, Milan

--0900 France: T-bill result

--Sweden: May 31-Jun 6 unemployment from the Labor Office, 1145

May Challenger US layoff report; (Apr: -21% at 54,399); 1000 ET (1400 GMT)

Apr consumer installment credit (Mar: +$1.6 bln; Forecast: +$5.0 bln about 1500 ET (1900 GMT)

Treasury announces results of its auction of $15.0 bln in 13- and 26- week bills; (Previous: 13-week accepted rate 4.620%, 26-week 4.750%); results about 1330 ET (1730 GMT)

Japan: May Overall Wholesale Price Index at 0850 (Previous: Apr -3.5% y/y)

Japan: May Domestic Wholesale Price Index at 0850 (Previous: Apr -1.9% y/y)

Japan: MOF's business confidence survey for May at 1600

Japan: MOF's survey of recurring profits for Jan-Mar at 1600

--UK: BRC May retail sales monitor

--UK: Treasury Select Committee takes evidence on the MPC from Nigel Lawson and Samuel Brittan

--Germany: Q1 1999 GDP data

--Germany: BBK's Welteke addresses Berlin realtors conference on euro, Berlin

--Finland: Central bank to present its economic forecast report, 1100.

Bank of Tokyo-Mitsubishi/Schroder Wertheim weekly US chain store sales for week ended Jun 5; (week ended May 29: +0.3%); 0900 ET (1300 GMT)

Richmond Federal Reserve Bank President Alfred Broaddus addresses The South Carolina Bankers Association, Amelia Island, Fla.; 0930 ET (1330 GMT)

Apr wholesale trade; (Mar: inventories +0.3%, sales +1.7%); 1000 ET (1400 GMT)

Q1 1999 productivity and costs (revised); (preliminary: non-farm +4.0%, labor costs +0.3%); 1000 ET (1400 GMT)

Apr Richmond Fed business conditions survey; 1000 ET (1400 GMT)

Redbook weekly survey of US retail sales (Previous: first 4 weeks of May +1.2% from Apr); 1030 ET (1435 GMT)

Fed Gov. Edward Gramlich speaks on Social Security reform at a luncheon sponsored by Women in Housing and Finance; 1300 ET (1700 GMT)

American Petroleum Institute's weekly US oil statistics for week ended May 28; after 1600 ET (2000 GMT)

Richmond Federal Reserve Bank President Alfred Broaddus speaks on Fed policy to National Association of Urban Bankers in Charlotte, N.C.; 1730 ET (2130 GMT)

US Treasury Secretary Robert Rubin gives remarks at Center for the Study of the Presidency awards dinner; 1930 ET (2330 GMT)

Australia: Wage cost index, Q1

Indonesia: General Election Committee to announces unofficial and unfinalized election results

New Zealand: ANZ job advertisements survey for May

Japan: May bank loans (BOJ) at 0850

Japan: May net deposits-plus-CDs (BOJ) at 0850

Japan: Jan-Mar MITI's analysis on industrial output at 1330 Europe

--UK: Apr index of production

--Finland: Finnish Mar trade balance

--Cologne (Jun 9-10): "Group of 8" foreign ministers meet to prepare G8 annual summit

--Frankfurt: ECB calls for bids on regular main refinancing tender

US Treasury Secretary Robert Rubin delivers remarks at Bretton Woods Conference; 1330 ET (1730 GMT)

Minneapolis Federal Reserve Bank President Gary Stern speaks at the Fed Correspondents Association luncheon in New York; 1415 ET (1815 GMT)

ABC/Money Magazine releases consumer confidence polls; 1830 ET (2230 GMT)

Hong Kong: Hong Kong government to release external trade statistics classified by country/territory and commodity for April at 1615

Singapore: July tender result of the Certificate of Entitlement (COE) to own a vehicle in Singapore. This reflects consumer sentiment. (Previous: June COE up S $4,719 to $40,484 for the medium-sized car category).

New Zealand: Terms of trade for the first quarter

New Zealand: Merchandise trade for April including exports

Australia: Housing Finance, Apr

Australia: Labor force, May

Indonesia: Weekly data on foreign reserves and net domestic assets.

S.Korea: Settlement for June futures and options contracts due.

--UK: EU parliamentary elections

--UK: Apr housing starts and completions

--Norway: Norwegian May CPI

--Norway: Norwegian May PPI

--Germany: May unemployment report. Prev: adj up 10,000 vs Mar

--Germany: April industrial production. Prev: dn 0.5% vs Feb, dn 2.4% on yr

State unemployment claims for week ended Jun 5; (Week ended May 29: +4,000 to 305,000); 0830 ET (1230 GMT)

May import & export prices (Apr: import prices excluding fuel, -0.3%); 1000 ET (1400 GMT)

University of Michigan preliminary reading on June consumer sentiment (May: 106.8); 1000 ET (1400 GMT)

Treasury Assistant Secretary for International Affairs Edwin Truman testifies before House Banking and Financial Services Committee on Russian economy; 1000 ET (1400 GMT)

Treasury announces size of 13- & 26-week bills; 1430 ET (1830 GMT) Treasury Secretary Robert Rubin holds news conference on upcoming G7 meeting; about 1500 ET (1900 GMT)

Fed Chairman Alan Greenspan gives commencement address at Harvard University; 1500 ET (1900 GMT)

Money supply statistics for week ended May 31; (week ended May 24: M1 +$4.2 bln, M2 +$2.3 bln, M3 +$7.3 bln); 1630 ET (2030 GMT)

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