Aside from what's listed here, we will be waiting for the US to strike some trade deals and House Republicans are aiming to pass Trump's budget. Note that the following Monday is a holiday so next Friday afternoon should be quiet.
Fed-fest:
08:45 ET Jefferson + Williams (vice-chair, voter)
13:30 ET Kashkari (Minneapolis, non-voter)
08:30 ET – Philadelphia Fed non-manufacturing (May) – no consensus (prior -42.7).
09:00 ET Bostic & Barkin (both voters)
13:00 ET Musalem (St Louis)
Wednesday (May 21)
Fed line-up: 09:15 ET Barkin + Bowman (voter), 14:00 ET Williams.
08:30 ET – Initial jobless claims: consensus 226 k (prior 229 k).
09:45 ET – S&P flash PMIs (May)
Manufacturing 49.8 vs 50.2 prior
10:00 ET – Existing-home sales (Apr)
No street call on the SAAR headline yet.
Friday (May 23)
SAAR 705 k (prior 724 k)
m/m +2.6 % after -4.0 %.
This article was written by Adam Button at www.forexlive.com. Read More Details
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