{"id":8528,"date":"2024-05-20T05:49:03","date_gmt":"2024-05-20T05:49:03","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=8528"},"modified":"2024-05-20T05:49:04","modified_gmt":"2024-05-20T05:49:04","slug":"weekly-overview-2024-05-20","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/ro\/analytics\/weekly-overview-2024-05-20\/","title":{"rendered":"Week’s main events (May 20 \u2013 May 24)"},"content":{"rendered":"\r\n
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Week’s main events (May 20 \u2013 May 24)<\/h1>\r\n
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\r\nOn Wednesday, the Fed is scheduled to release the minutes of its May 1 meeting, where Fed Chairman Jerome Powell said rates are likely to remain on hold for a long time amid persistent inflationary pressures. The US, China, the Eurozone, and the UK will release PMI data for May, which should bolster optimism about the global economy. Investors should also closely monitor the New Zealand Reserve Bank meeting as the RBNZ is not yet finished with monetary policy tightening. The UK will release April Consumer Price Index data on Wednesday. Economists expect the annual rate of inflation to have slowed sharply. Several Fed officials are also scheduled to speak during the week, which could provide clues as to the US Fed’s plans for the summer.\r\n <\/p>\r\n\r\n\r\n

\r\n Monday, May 20\r\n <\/div>\r\n
\r\nOn Monday, traders should focus on Asian indices as China will release influential data. The US session should focus on the FOMC officials’ speech. It’s a bank holiday in Canada, Switzerland, France and Germany.\r\n <\/div>\r\n \r\n
\r\n Main events of the day:\r\n <\/div>\r\n\r\n