Wall Street's roller coaster continues to move - and fast 🎢
Here are the main events for the current week (May 11–17): 🗓
1. 📊 Consumer Price Index (CPI) - April ⏰ Tuesday – The key data for the week, will directly impact interest rate expectations.
2. OPEC monthly report 🛢 ⏰ Wednesday – May affect the energy market, especially oil prices.
3. Producer Price Index (PPI) - April 📈 ⏰ Thursday – A complementary inflation index to CPI, affecting bond market expectations.
4. Retail sales data - April 🛒 ⏰ Thursday – An indication of American consumer health.
5. Speech by Fed Chair Jerome Powell 💬 ⏰ Thursday – Expected to respond to inflation data and interest rate market questions.
6. Consumer sentiment (University of Michigan) 📉 ⏰ Friday – An index of public confidence in the American economy.
Markets are also monitoring the results of trade talks between the US and China, expected to take place this coming weekend. 🤝