Summary It was a tremendous week of market volatility for every asset class on Wall Street. It is still all about inflation and what will be the reaction from central banks. A challenging inflation and growth mix have driven investor concerns that the Fed won’t be able to deliver a soft landing.

By Ed Moya

It was a tremendous week of market volatility for every asset class on Wall Street. It is still all about inflation and what will be the reaction from central banks. A challenging inflation and growth mix have driven investor concerns that the Fed won’t be able to deliver a soft landing.

The upcoming week is filled with a slew of central bank speak, world leaders meet, and economic data that could show signs that the economy is losing momentum. Fed Chair Powell will speak on Tuesday and he is expected to affirm expectations that the Fed will stick with a half-point rate increase in June.

Most of the US economic data will likely show that the economy is seeing a slowdown with manufacturing activity and that the housing market is cooling, while the US consumer is still doing its best withstanding widespread price increases.

A big part of the inflation story is energy prices and many traders will pay close attention to both if the EU does delay a ban on Russian oil and if Iran is able to make any progress in reviving its nuclear deal.

Countries

US

The upcoming week is filled with a slew of economic data and corporate earnings that will provide the latest update on the US consumer. Investors will still fixate over a slew of Fed speak that should mostly confirm the Fed’s set course of tightening over the next couple of policy decisions.

King dollar has not provided any signs that it is ready to give up its crown, but that could change if risk appetite is able to find its footing. The stock market selloff is showing signs of exhaustion and if investors...

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