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The Global Week Ahead: The Mother’s Day Tax Shows Nothing is Sacrosanct
Markets are keenly focused upon the state of trade negotiations and that may be this week’s focus. It will otherwise be a light week. The main event will be US CPI, and yet not even that is going to settle much at all since it’s for April and hence before peak tariff nonsense began to be implemented in early May. We’ll only hear from one central bank—Mexico’s—plus the Federal Reserve’s conference that intensifies the path to a refreshed framework by late summer. The rest of the data docket is comparatively mild to other weeks but contains a few gems. We’ll also find out the size, scope and names of ... (full story)