angle-double-right calendar

Sign up today to view these articles!

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

The Week Ahead

May 29, 2019, 08:29 AM by Weekly Market Report
In this holiday-shortened week in the U.S., trade concerns remain squarely in focus both with respect to China and the United States-Mexico-Canada Agreement (USMCA).

The Financial Times reports “U.S. vice-president Mike Pence will travel to Ottawa to meet Canada’s prime minister Justin Trudeau about accelerating the ratification of the new {USMCA} trade agreement.” Investors will also be paying close attention to the latest data on Chinese manufacturing PMI, Japanese unemployment, retail sales, and industrial production, along with German inflation and unemployment figures. In the United States, updated releases are due out on international trade, 1Q real GDP, pending home sales, personal income & spending, inflation, and consumer sentiment. The consensus forecasts are for a slight downward revision in first quarter GDP growth (3.1%) and slower personal spending in April (0.2%), but elevated consumer sentiment at 101.5 in May. Enjoy the rest of your week and don’t miss next week’s ReMA Market Report for a recap of the week’s key economic, trade, commodity, and scrap market highlights!

WeekAhead0529

Back to Main