Expect FX volatility outlook for the week ahead

(AI Video Summary)

Notable economic index data

Angelie Ong previews significant financial events and earnings reports affecting global markets for the week starting Monday, 6 May. Key highlights include China’s Caixin index, the eurozone’s producer price index, decisions on interest rates from RBA influencing the Australian dollar, UK retail sales, Halifax house price index, and the Bank of England’s anticipated stance on interest rates. US market’s stability is noted despite a minor correction and positive earnings surprises from major tech companies.

Earnings reports

Tom Sosnoff from tastylive emphasises the market’s resilience, AI’s role in driving momentum, and a cautious outlook due to prevailing long positions and complacency risks. The corporate calendar features earnings from notable companies like BP, Walt Disney, Airbnb, and others, with in-depth analysis available on IG.com. NVIDIA’s earnings are particularly spotlighted for its potential market impact.

This article was originally published by a www.ig.com

Read it HERE


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