U.S. Retail Sales, BOJ, Iran, U.S. Open: Week Ahead June 8-15

U.S. retail sales probably rose in May by the most in three months, buoyed by gains in home prices and equities, data in the coming week are likely to show.

The Bank of Japan will meet to set monetary policy as the nation’s stock indices have retreated from recent highs and the yen has gained, hurting efforts to end years of deflation.

Iran will elect a new president as the country deals with international sanctions imposed to halt its nuclear program.

Coty Inc. will have an initial public offering, and Inditex SA and Prada SpA (1913) will be among companies releasing results.

The Tony Awards will be presented for the best in Broadway theater, and the U.S. Open golf tournament will start.

SATURDAY, JUNE 8

To contact the reporters on this story: Greg Miles in New York at gmiles1@bloomberg.net; Dick Schumacher in London at dschumacher@bloomberg.net; Jim McDonald in Tokyo at jmcdonald8@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

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