According to BlockBeats, several significant events and data releases are scheduled for this week.

On Monday, U.S. President Donald Trump is set to hold discussions with Russian President Vladimir Putin, Ukrainian President Volodymyr Zelensky, and leaders of NATO member countries. Additionally, Federal Reserve officials Williams, Jefferson, and Bostic are expected to deliver speeches. Jensen Huang will also present at the Taipei International Computer Show.

Tuesday marks the beginning of the G7 finance ministers and central bank governors meeting, which will continue until May 22.

On Wednesday, the U.S. will release its API and EIA crude oil inventory data for the week ending May 16. The UK will publish its April Consumer Price Index (CPI) and Retail Price Index. Federal Reserve officials Mester, Bostic, Harker, and Daly are scheduled to speak.

Thursday's agenda includes the U.S. weekly initial jobless claims, April's annualized existing home sales, and the weekly EIA natural gas inventory report. Federal Reserve's Barkin will participate in the "Fed Listens" event, and the European Central Bank will release the minutes from its April monetary policy meeting.

On Friday, Japan will announce its April core CPI annual rate, Germany will release the final annual GDP rate for the first quarter, and the UK will report its April seasonally adjusted retail sales monthly rate. Federal Reserve's Williams will deliver a keynote speech at a monetary policy implementation seminar.