Key Economic Events and Scheduled Data for Next Week
Experts expect several important economic events and the release of impactful data during the upcoming week that may affect global markets.
On Monday, Federal Reserve member John Williams will give a speech on economic outlook and monetary policy, which may provide hints on interest rate trends.
On Tuesday, the Consumer Confidence Index for May will be released, which is a key indicator for measuring spending trends in the U.S. economy.
On Wednesday, the Federal Open Market Committee will hold a meeting to discuss monetary policy, followed by a press conference by Federal Reserve Chair Jerome Powell.
On Thursday, the GDP report for the first quarter will be released, with expectations of modest growth of two and a half percent.
On Friday, the U.S. Department of Labor will publish the jobs report for May, including the unemployment rate and the number of jobs added outside the agricultural sector.
These events may impact financial market movements, including currency, stock, and commodity prices. Traders and investors are advised to monitor them closely.