Company / Analytics

Analytics, 30 May 2022

What will drive the markets this week?

Global equities closed sharply higher last week on positive economic data from the U.S. and signs of easing inflation as gauged by a reading on the Federal Reserve’s preferred measure of inflation. Still, government bonds and safe-haven assets rallied as concerns mount about the risk of recession in the U.S. Meanwhile, crude oil prices rose, closing the week at $115 per barrel, on supply concerns and growing demand emerging from sanctions on Russia and reopening.

This week, investors will parse earning reports from companies including Salesforce, HP, GameStop, Broadcom, and Lululemon, among others. Economic data released this week include PMI surveys, consumer confidence and jobs reports.

Monday, May 30.

Tuesday, May 31.

Wednesday, June 1.

Thursday, June 2.

Friday, June 3.

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