Next week important events and data to look out for - China's May PMI; Federal Reserve meeting minutes; Nvidia and Xiaomi financial reports.

date
26/05/2025
Monday: 1. Events: Federal Reserve Chairman Powell delivered the commencement address at Princeton University graduation ceremony; European Central Bank President Lagarde delivered a speech at the Hertie School of Governance in Berlin. 2. Holidays: U.S. stock market closed in observance of Memorial Day; trading of precious metals and U.S. crude oil futures contracts under the CME Group will be suspended at 02:30 on the 27th, while stock index futures contracts will be suspended at 01:00 on the 27th; trading of ICE Brent crude oil futures contract will end early at 01:30 on the 27th; UK stock market closed for Spring Bank Holiday. 3. Financial Reports: Meituan Tuesday: 1. Data: German June Gfk Consumer Confidence Index; Swiss April Trade Balance; French May CPI preliminary; Eurozone May Industrial Confidence Index, Economic Confidence Index; U.S. April Durable Goods Orders, March FHFA House Price Index, March S&P/CS20-City Non-Seasonally Adjusted House Price Index YoY, May Conference Board Consumer Confidence Index, May Dallas Fed Manufacturing Activity Index. 2. Financial Reports: Xiaomi Group, Kuaishou, Pinduoduo Wednesday: 1. Data: U.S. May Richmond Fed Manufacturing Index. 2. Events: Federal Reserve's Williams participates in a group discussion at the Bank of Japan Institute for Monetary and Economic Studies conference; Reserve Bank of New Zealand Interest Rate Decision and Monetary Policy Statement, Vice Chairman holds press conference; 39th OPEC and non-OPEC Ministerial Meeting; U.S. Vice President Pence speaks at the "Bitcoin 2025" conference. 3. Financial Reports: Kingsoft Software, NVIDIA, Salesforce Thursday: 1. Data: U.S. API Crude Oil Inventories up to May 23; Canadian Q1 Current Account; U.S. Initial Jobless Claims up to May 24, Q1 Real GDP Annualized Revision, April Pending Home Sales MoM. 2. Events: Federal Reserve releases May Monetary Policy Meeting Minutes. 3. Financial Reports: NIO, Futu Holdings, Dell Friday: 1. Data: U.S. EIA Crude Oil Inventories up to May 23; Japan April Unemployment Rate; Swiss May KOF Economic Leading Indicator; German May CPI preliminary; Canadian March GDP MoM; U.S. April Core PCE Price Index YoY, May Chicago PMI, May University of Michigan Consumer Confidence Index Final, May One-Year Inflation Rate Expectation Final. 2. Holidays: Taiwan Stock Exchange closed for Dragon Boat Festival; Shanghai Gold Exchange, Shanghai Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange have no night trading session. 3. Financial Reports: Tiger Brokers Saturday: 1. Data: U.S. Total Oil Rig Count up to May 30; China May Official Manufacturing PMI. 2. Events: Federal Reserve's Quarles participates in a Q&A session. Sunday: 1. Data: South Korea May Trade Balance Preliminary. 2. Events: Second round of voting in the Polish presidential election.
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