Markets: Key events in the week ahead – Deutsche Bank

Analysts at Deutsche Bank lists down the key events and macro releases from across the globe, which are going to have maximum impact on the markets.

Key Quotes

“Tuesday: Another sparse session for data releases with the May CBI survey in the UK, May consumer confidence for the Euro Area and April existing home sales in the US the data due. The Fed's Powell will speak early in the morning, followed later on in the afternoon by Evans and Rosengren. BoE Governor Carney is due to testify to Parliament about the May inflation report. The OECD will also publish its latest Economic Outlook.”

“Wednesday: The highlight will likely be the release of the FOMC minutes from the April 30-May 1 meeting. As for data, Japan's April trade balance is due in the morning followed by April inflation and public sector net borrowing data in the UK. There's nothing of note in the US. The Fed's Bullard, Williams and Bostic are all due to speak, along with the ECB's Draghi and Praet. The BoJ's Harada will also speak in the morning.”

“Thursday: The European Parliament will start the four-day process of holding continent wide elections. As for data, the headline releases are the flash May PMIs in Europe and the US. The flash manufacturing PMI in Japan will also be released. Elsewhere, the final Q1 GDP revisions are due in Germany, May confidence indicators in France, May IFO survey in Germany and claims, April new home sales and April Kansas Fed manufacturing survey due in the US. The Fed's Kaplan, Daly, Bostic and Barkin are also due to speak, while over at the ECB Nowotny is due to speak. The ECB meeting minutes from the April policy decision is also due.”

“Friday: Data releases include April inflation in Japan, April retail sales and May CBI survey data in the UK, and preliminary April durable and capital goods orders in the US. The ECB's Nowotny will also speak.”