By Malvika Gurung
Investing.com — Indian equity benchmark indices closed lower in the week ended on May 19, dropping up to 0.6% each. Headlines gained 0.41% to 18,203.4 levels and rose 0.48% or 297.94 points on Friday.
The US for the meeting held in May is set to release this week on Wednesday. A spate of Federal Open Market Committee members will speak in the new week, while key economic data is scheduled to release in the UK, including the as well as multiple Purchasing Managers’ Index (PMI) numbers.
Further, over 1,150 companies are set to release their March quarterly earnings in the week, including market heavyweights like ONGC (NS:), M&M (NS:), BHEL (NS:), LIC (NS:), Bharat Petroleum (NS:) and Vodafone Idea (NS:).
Here are some key economic events bound to release this week, likely to dictate the market movement.
May 22
- FOMC Member Bostic Speaks
- FOMC Member Thomas Barkin Speaks
May 23
- US for May: Investing.com forecast at 52.6
- US Building Permits
- UK Services PMI: Investing.com forecast at 55.5
- UK : Investing.com forecast at 54.6
- UK : Investing.com forecast at 48
- US New Home Sales for April: Investing.com forecast at 633,000
- US
May 24
- US FOMC Meeting Minutes
- UK CPI for April: Investing.com forecast at 8.3%
- US Crude Oil Inventories: Investing.com forecast at -0.92 million
May 25
- for Q1: Investing.com forecast at 1.1%
- US Initial Jobless Claims: Investing.com forecast at 250,000
- for May
- Tokyo Core CPI for May: Investing.com forecast at 3.3%.
May 26
- UK for April (MoM)
- in USD
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