Read the key events to monitor for the week which starts on May 10, 2021.
After April’s disappointing jobs report, market focus will shift squarely to inflation in the week ahead. The consumer price index is the big item for markets in the week ahead. Multiple Fed speakers are on the calendar.
The tug-of-war over tech stocks will also continue to be a dominant force in the stock market, after Friday’s bounce more than halved the week’s losses in the S&P technology sector.
Earnings season winds down with a few more big names such as Disney and AirBNB.
WEEK AHEAD CALENDAR
Earnings: Marriott, BioNTech, Jacobs Engineering, Simon Property Group, International Flavors and Fragrances, Wynn Resorts, SmileDirectClub, Duke Energy, Air Products, Tyson Foods, Party City, Energizer, Coty
Macro: China: CPI, PPI,
Japan: Household Spending
U.K.: British Retail Consortium (BRC) Retail Sales Monitor (April).
Earnings: Electronic Arts, Chesapeake Energy, Hanesbrands, Aramark, International Game Technology, Palantir Technologies, Perrigo, Unity Software, Opendoor Technologies, Kinross Gold, Lemonade, Vizio
US: NFIB survey, JOLTS job survey, Energy Information Administration (EIA) Short-Term Energy Outlook.
EU: German ZEW Economic Sentiment Index
New York Fed President John Williams, Fed Governor Lael Brainard, , San Francisco Fed President Mary Daly, Atlanta Fed President Raphael Bostic, Philadelphia Fed President Patrick Harker
Earnings: Toyota, Wendy’s, Fossil, Bumble, Allianz, Jack in the Box, Vroom, SoftBank, Sonos, Bayer, 1Life Healthcare
U.K: Manufacturing Production, Trade Balance
EU: German CPI , French CPI, Eurozone Industrial Production
Fed Vice Chair Richard Clarida, Fed budget, Atlanta Fed’s Bostic, Philadelphia Fed’s Harker
Market Holiday in Switzerland and Norway for Ascension Day, Market Holiday in India for Eid al-Fitir, and Market Holiday in Singapore for Hari Raya Haji.
Earnings: Walt Disney, Airbnb, Plantronics, Burberry, Casper Sleep, Brookfield Asset Management, Door Dash, Petrobras, Aurora Cannabis, Alibaba
US: Initial jobless claims, PPI
Fed Governor Christopher Waller, St. Louis Fed President James Bullard
Earnings: Honda, Rosneft
US: Retail sales, Import prices, Industrial production, Consumer sentiment, Business inventories
Dallas Fed President Robert Kaplan
European Central Bank (ECB) Monetary Policy Statement.
Source: CNBC, Investopedia