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Week Ahead: Inflation scare rocks markets, European PMIs due

Week Ahead: Inflation scare rocks markets, European PMIs due

Global Market Insights - Forex, Futures, Stocks

May 14, 20215m 36s

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It was a wild week in financial markets. Stocks got smoked while the dollar clawed back some ground as inflation finally showed its teeth, reigniting worries about higher interest rates being on the horizon. The upcoming week seems calmer. There are no central bank meetings and the minutes of the latest Fed decision will likely be seen as outdated. Instead, all eyes will be on the PMI business surveys out of the Eurozone.

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