No macroeconomic releases are scheduled today that could significantly impact global financial markets.
However, that doesn't mean we should expect a calm session. Following yesterday’s trade negotiations between the U.S. and China, another round of talks is set to begin today at 10:00 AM BST Initially, the meeting was expected to last no more than two days, so it’s likely we may hear some noteworthy outcomes today.
Market sentiment remains highly positive, and yesterday’s remarks from Lutnick — emphasizing that the meeting had been productive so far — have further fueled investor optimism.
Detailed calendar for the day:
07:00 AM BST, United Kingdom - Employment Data for April:
- Average Earnings ex Bonus: forecast 5.4%; previous 5.6%;
- Average Earnings Index +Bonus: forecast 5.5%; previous 5.5%;
- Employment Change 3M/3M: previous 112K MoM;
- Unemployment Rate: forecast 4.6%; previous 4.5%;
03:30 PM BST, Germany - German Buba Vice President Buch Speaks
09:00 PM BST, United States - U.S. President Trump Speaks
Daily Summary: Wall Street ends the week with a calm gain ๐ฝ Cryptocurrencies slide
BREAKING: US PCE inflation in line with expectations ๐UoM prelim data slightly higher
BREAKING: Lower Unemployment in Canada๐USDCAD sharply declines๐
DE40: Adequate data, Mild growth