[This week's important events and data preview - Federal Reserve decision, China's foreign reserves, trade account and CPI data]
1. Monday:
① Data: Eurozone May Sentix Investor Confidence Index, US April S&P Global Services PMI final value, US April ISM non-manufacturing PMI; ② Saudi Aramco announces the official crude oil price around the 5th of each month; ③ China, Japan, South Korea and the UK stock markets are closed.
2. Tuesday: ① Data: China April Caixin Services PMI
, France March industrial output monthly rate, France, Germany, the UK and the Eurozone Services PMI final value, Eurozone March PPI monthly rate, US March trade account, US April Global Supply Chain Stress Index; ② The European Central Bank holds a central bank forum until May 7; ③ Japanese and Korean stock markets are closed; ④ The new German government takes office; ⑤ US stock after-hours earnings report: AMD, Lucid.
3. Wednesday: ① Data: US API crude oil inventory and EIA crude oil inventory, France's March trade account, Eurozone March retail sales monthly rate, China's April foreign exchange reserves
; ② EIA releases monthly short-term energy outlook report; ③ The conclave of cardinals to elect the new Vatican pope begins; ④ New US ID card regulations are implemented; ⑤ US stock after-hours earnings: Disney, Arm, Occidental Petroleum.
4. Thursday:
① Data: Germany's March seasonally adjusted industrial output monthly rate, UK Halifax seasonally adjusted house price index monthly rate in April, US initial jobless claims, US March wholesale sales monthly rate, US New York Fed 1-year inflation expectations in April; ②
The Federal Reserve announces interest rate decisions; ③ The Bank of England announces interest rate decisions, meeting minutes and monetary policy reports; ④ Hong Kong stock earnings: SMIC, Hua Hong Semiconductor; ⑤ Russia ceases fire for three days.
5. Friday: ① Data: Canada’s April employment, China’s April M2 money supply annual rate, China’s April trade account
; ② Multiple Fed officials spoke intensively; ③ Bank of England Governor Bailey delivered a speech; ④ Russia celebrated the 80th anniversary of the victory of the Great Patriotic War.
6. Saturday: ① Total number of oil rigs in the United States as of the week ending May 9; ② China’s April CPI annual rate; ③ Three Fed officials delivered speeches; ④ Candidate registration for the South Korean presidential election began; ⑤ The newly revised “Marriage Registration Regulations” were implemented.
