đ¨This Week in Global Markets: What to Watch (May 5â8)
A new trading week begins with light activity in Asia and Europe â but donât let the calm fool you. The U.S. will be at the center of attention with key economic indicators and a pivotal Fed meeting that could shake the markets.
Hereâs whatâs coming up:
May 5 (Monday)
China, Hong Kong, Japan, and the UK are off â no trading.
But in the U.S., all eyes turn to two major reports:
⢠S&P Services PMI (April)
⢠ISM Non-Manufacturing PMI (April)
May 6 (Tuesday)
Japan pauses again for Green Day.
May 7 (Wednesday)
The big one:
⢠Federal Reserve interest rate decision
⢠Press conference with Jerome Powell
May 8 (Thursday)
From the U.S. again:
⢠Initial Jobless Claims
⢠Federal Reserve Balance Sheet Update
This week could set the tone for global risk sentiment, especially if the Fed surprises. Stay sharp â and remember, the market never sleeps.
Which event are you watching most closely?