Final Fed Views Before May Policy Meeting
Investors anticipate a 25 basis point rate hike at the Fed's May 3 policy meeting. Before the traditional blackout period, Fed officials such as John Williams, Michelle Bowman, Christopher Waller, and Lisa Cook will speak. Also, watch for data on existing home sales, regional manufacturing surveys, and initial jobless claims.
PMI Data: Gauging Economic Growth Amid Banking Turmoil
The Eurozone, the U.S., and the U.K. will release PMI data, which may reveal the impact of recent banking sector turmoil on economic growth. Central banks are nearing the end of their tightening cycles, making growth trends a key market driver.
U.K. Economic Data: Unemployment and Inflation Figures
The U.K. will release February employment data and March inflation data, potentially influencing Bank of England interest rate decisions. Inflation reached 10.4% in February, and markets expect a rate hike to 4.5% next month.
China's Economy: Key Data Releases Awaited
China will release Q1 GDP data, March retail sales, and industrial production figures, shedding light on its uneven recovery. While exports and credit growth are strong, inflation remains low, and policymakers have pledged increased economic support.