Next week will be important for financial markets due to several key events in the US.

Speeches by representatives of the Federal Reserve (FED): Senior FED officials will deliver speeches that may provide guidance on future monetary policy, interest rates, and economic outlook. Investors are closely monitoring these statements for signals regarding the economic direction.

Monday:

US financial markets are closed: Due to a holiday, US exchanges will not operate, which may reduce market activity globally.

Wednesday:

Release of the minutes from the last FOMC meeting: The Federal Open Market Committee (FOMC) will publish the minutes from its previous meeting. They contain details of discussions regarding interest rates and economic policies, which may impact the markets as investors look for indications of future FED decisions.

Thursday:

Second estimate of US GDP growth for the first quarter: An updated estimate of US economic growth for January-March 2025 will be published. This information is important as it indicates the health of the economy and may affect expectations regarding interest rates and investments.

Friday:

US inflation data (PCE) for April: Data on the Personal Consumption Expenditures (PCE) index, a key indicator of inflation closely monitored by the FED, will be released. This data may significantly influence market expectations for future interest rate changes.

This week will be filled with information that could trigger volatility in financial markets, especially due to inflation data and signals from the FED.