From Barchart: 2024-05-31 07:02:37

Michael Kramer provides a weekly market preview, analyzing major share indices and US tech stocks. This week, focus will be on US labor market data, China and US manufacturing and services readings, and the European Central Bank’s interest rate decision. China is expected to see growth in manufacturing and services PMIs, which could impact industrial metals like copper. The ECB is likely to cut interest rates, potentially affecting the EUR/USD forex pair. The US jobs report will provide insight into the Federal Reserve’s monetary policy and potential interest rate hikes. Stay tuned for economic announcements and company reports throughout the week.



Read more at Barchart: Weekly Market Preview | CMC Markets