Economic calendar: Wartime unrest toward the end of the week

Futures point to sharply lower opening of the session on the Old Continent and Wall Street
Israel retaliates for Iranian missile attack
No market-relevant macro readings are scheduled for today

The last trading session on the Old Continent this week is expected to bring a further deterioration in investor sentiment. This is indicated primarily by futures contracts, which are pricing the DAX index to open nearly 0.5% lower.

The slump is due to Israel's armed retaliation for Iran's recent missile attacks. Because of this, we saw a slump in Asia. Large gains are being recorded in oil, with both Brent and WTI adding more than 1.5% today. Sentiment is also not helped by the drop in Netflix's stock price after the release of quarterly results.

Selected macro events:

3:30 p.m. GMT - Speech by FED's Golsbee

08:30 p.m. GMT - Publication of the CFTC report on derivatives market positioning

22 May 2026, 5:15 PM

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22 May 2026, 4:12 PM

Is Waller echoing Warsh's stance? Keeping rates steady but pressing ahead with balance sheet reduction?

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22 May 2026, 9:40 AM

Economic calendar (22.05.2026) US UoM final data in focus, German Ifo beats expectations

Economic reports

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