Notable macro events in the last week of May
* May 29: The US Treasury begins buying back bonds
* 7:30 p.m. May 30: US GDP by quarter (expected 1.3% compared to 1.6% last quarter)
* 7:30 p.m. May 31: Core PCE US (expected 0.2% compared to 0.3% last month)
On the 29th, the US government will begin the Treasury Buyback campaign (PDF file)
- Up to 2 billion USD injected into the economy each week. Positive signals from the market in the near future, not to mention interest rate cuts in the future
- With good CPI news in the middle of the month, it is likely that information about GDP and PCE will have little impact on the market