KEY EVENTS THIS WEEK:

🇺🇸 The corporate earnings season is underway in the USA.

Monday, May 6:
🇯🇵 Japan - No trading - Children's Day
🇬🇧 Britain - No trading - Bank Holiday
🇨🇳 China - Caixin Services PMI (Apr)
🇮🇳 India - Services/Composite PMI (Apr)
🇷🇺 Russia - Services/Composite PMI (Apr)
🇩🇪 Germany - Services/Composite PMI (Apr)
🇪🇺 Eurozone - Services/Composite PMI (Apr)
🇪🇺 Eurozone - Sentix Investor Confidence (May)
🇷🇺 Central Bank of Russia will announce currency purchase/sale volumes for May
🇪🇺 Eurozone - Industrial Producer Price Index (PPI) (Mar)
🇧🇷 Brazil - Services/Composite PMI (Apr)

Tuesday, May 7:
🍆 International Masturbation Day
🇰🇿 Kazakhstan - No trading - Defender of the Fatherland Day
🇯🇵 Japan - Services/Composite PMI (Apr)
🇦🇺 Australia - Central Bank interest rate decision
🇪🇺 Eurozone - Retail Sales (Mar)
🇨🇦 Canada - Ivey PMI (Apr)
🛢 U.S. Energy Department's short-term crude market forecast
🛢 U.S. crude oil inventories (API)

Wednesday, May 8:
🇩🇪 Germany - Industrial Production (Mar)
🛢 U.S. crude oil inventories (EIA)
🇧🇷 Brazil - Central Bank interest rate decision

Thursday, May 9:
🇷🇺 Russia - No trading - Victory Day
🇰🇿 Kazakhstan - No trading - National Day
🇨🇭 Switzerland - No trading - Ascension Day
🇨🇳 China - Global trade (Apr)
🇬🇧 Britain - Central Bank interest rate decision
🇺🇸 USA - Initial Jobless Claims
🇬🇧 Bank of England Governor
🛢 U.S. natural gas inventories (EIA)
🇲🇽 Mexico - Central Bank interest rate decision

Friday, May 10:
🇬🇧 Britain - GDP (Q1)
🇪🇺 Minutes from the last European Central Bank meeting
🇧🇷 Brazil - Consumer Price Index (CPI) (Apr)
🇺🇸 USA - Michigan Consumer Sentiment (May)
🇺🇸 USA - Inflation expectations (May)
🇺🇸 WASDE report
🛢 Oil and gas drilling - Baker Hughes