Week Ahead starting 22/5/23: FOMC minutes; Q1 GDP; PMIs; Nvidia, Ryanair, Zoom results
The FOMC minutes, Q1 US and German GDP reading, plus manufacturing PMIs will offer fresh clues on the nascent global economic recovery. The earnings diary is punctuated by results from Nvidia, Ryanair, and Zoom.
Monday
China releases its loan rate data, and we get the latest snapshot of eurozone consumer confidence.
Tuesday
Look out for UK public sector net borrowing. The UK, US and euro zone services and manufacturing PMIs may offer investors clues on the state the nascent global recovery. Plus, watch out for API oil data and US new home sales.
Wednesday
The UK releases its consumer, producer and retail price index. Watch out for the latest German business morale print and of course, the FOMC minutes.
Thursday
German and US GDP readings are on the menu, along with US initial jobless claims and pending home sales data.
Friday
UK retail sales, French consumer confidence and the core PCE price index from the US gives investors a consumption update.
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