Weekly market movers: Fed minutes and lots of data to come

Money.it

22 May 2023 - 12:32

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Market mover of the week of 22-26th May: from the Fed minutes to the PMI indices, there are many economic data coming, with a careful look at the Eurozone, the USA, China.

Weekly market movers: Fed minutes and lots of data to come

Market mover of the week from 22th to 26th May: many important data are coming on the Economic Calendar concerning the main world powers.

The Chinese central bank is expected to understand how much it will stimulate still weak growth. Furthermore, the spotlight is on the GDP of Germany and the USA: recession or recovery?

The updated data of the PMI in the main countries of the Eurozone and in the USA will also be crucial.

Finally, much anticipation awaits the minutes of the last meeting of the Federal Reserve.

In detail below, all market movers from the 22th to the 26th of May. The time is set on the +0 Greenwich Meridian.

Market mover Monday 22nd May

  • 02:15, CNY: China PBoC Preferred Interest Rate

Market mover Tuesday 23 May

  • 08:30, EUR: Composite PMI, manufacturing, services Germany
  • 9:00, EUR: Eurozone Manufacturing, Composite and Services PMI
  • 9:30, GBP: UK Composite Manufacturing, Services PMI
  • 13:00, USD: US building permits issued
  • 14:45, USD: US Manufacturing Purchasing Managers Index
  • 15:00, USD: US New Home Sales

Market mover Wednesday 24 May

  • 07:00, GBP: UK CPI
  • 9:00, EUR: IFO Business Confidence Index for Germany
  • 15:30, USD: US crude oil inventories
  • 19:00, USD: US FOMC meeting minutes

Market mover Thursday 25 May

  • 07:00, EUR: GDP of Germany
  • 07:00, EUR: GfK report on consumer climate Germany
  • 13:30, USD: US GDP
  • 13:30, USD: Initial US Unemployment Claims

Market mover Friday 26 May

  • 07:00, GBP: UK Retail Sales
  • 8:00, EUR: Confidence level of companies and consumers Italy
  • 13:30, USD: Major US Durable Goods Orders
  • 13:30, USD: US PCE Price Index
  • 15:00, USD: US Michigan Confidence Index

Original article published on Money.it Italy 2023-05-21 12:49:00. Original title: Market mover della settimana: verbali Fed e tanti dati in arrivo

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