Week Ahead: Conflicting Themes Buoy Bullish Markets But Longer Trend Remains Lower
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Weekend Reads | Sunday, May 29, 2022 | | | | Top 5 Things to Watch in Markets in the Week Ahead | With a turbulent month in equity markets drawing to a close, investors will be looking ahead to Friday's nonfarm payrolls report which could help set the market tone for June. Recent encouraging economic data has fueled hopes that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession. Investors will also be looking to PMI data out of China, amid mounting concerns over the economic outlook for the world's second largest economy hit by COVID restrictions. Meanwhile, Eurozone inflation data due out on Tuesday is expected to reach a fresh record high, which would cement expectations for the European Central Bank to kick off its own rate hiking cycle. Here's what you need to know to start your week. | | | | | | World Financial Markets | | Here is how leading financial instruments performed in the past week: | | | | DAX | 14,462.19 | 230.9 (1.62%) | | | | | | | Gold | 1,851.64 | 4.04 (0.22%) | | | | | | | | Our Weekly Comic | | Extreme Fear Spreads Across Global Financial Markets As Tech Stocks Plunge | | | | | | | | |
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