Global update
- No quantitative easing from Sweden's Riksbank this time around, but drawing closer
- Euro-zone industrial indicators surprised on the upside and continued to move upward in April. Both the German Ifo and euro-zone PMI are pointing towards improvement
- Data out of Asia in the past week added to the recovery story as South Korean exports continued to grow
- US housing prices are showing signs of improvement, and housing sales are beginning to stabilise
- Q1 financial earnings reports surprise on the upside
Market movers ahead
- Results of financial system stress tests
- US FOMC meeting, ISM and Q1 GDP data
- Euro-zone CPI and UK manufacturing PMI
- Monetary policy meeting at the Bank of Japan
- More Q1 earn ings reports
