Company / Analytics

Analytics, 17 May 2021

What will drive the markets this week?

Stocks ended on a high note last week despite volatility and fears of rising inflation. In the US, tech stocks outperformed while in Europe energy and retail sectors led the market.

The earnings season winds down this week and investors will digest reports from major retailers including Walmart, Home Depot, Target & Lowe’s. April saw weaker retail spending and with fears of rising inflation, the market will see whether retail companies plan to raise prices.

On the economic front, investors will parse data on the housing market, including reports on existing home sales, mortgage applications for April. While home prices have been on the rise, mortgage rates have been rising. The market will see how the two have been affecting each other.

On the commodities front, the market is anxious for oil and gas inventory reports, especially following the hacking and shutdown of the Colonial Pipeline and a rally in oil prices last week.

Monday, May 17:

Tuesday, May 18:

Wednesday, May 19:

Thursday, May 20:

Friday, May 21:

Choose one or several trading platforms and achieve your goals with Investors Europe

Investors Europe (Mauritius) Limited is authorised and regulated by the FSC Mauritius, license C112011088. Registered address: 3rd Floor Ebene House, Hotel Avenue,33 Cybercity, Ebene 72201, Republic of Mauritius. Registered Number: 113933.

Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures, foreign currencies, and bonds involve a high level of risk. Trading on margin comes with substantial risk as well. You must be aware of these risks before opening an account to trade. The income you may get from online investing may go down as well as up.