Important events and data forecasts for this week:

Monday: Federal Reserve Chairman Powell delivers a commencement speech at Princeton University; U.S. stock markets closed for Memorial Day;

Wednesday: Federal Reserve's Williams participates in a panel discussion at the Bank of Japan's Financial Research Institute conference; U.S. Vice President Vance speaks at the 'Bitcoin 2025' conference;

Thursday: U.S. initial unemployment claims for the week ending May 24, revised annualized quarter-on-quarter real GDP for the first quarter; Federal Reserve releases the minutes of the May monetary policy meeting;

Friday: U.S. April core PCE price index year-on-year.