Markets Weekly Outlook - RBA, PBoC Decisions And U.K. Inflation In Focus

2025-05-17 00:30:00 ET

Summary

• Wall Street's main indexes were set to end the week on a high note, thanks to a temporary truce in the U.S.-China trade war.
• Stocks bounced back earlier in the week, with strong rallies on Monday and Tuesday after the U.S. and China agreed to pause their trade war for 90 days.
• The NFIB Small Business Optimism Index declined 1.6 points in April, to 95.8, its lowest since October 2024.
• Inflation expectations for the next year jumped to 7.3%, the highest since 1981, up from 6.5%, while long-term inflation expectations also rose slightly to 4.6% from 4.4%.

By Zain Vawda

Week in Review: Optimism Begins to Fade as Consumer Sentiment Deteriorates

Wall Street's main indexes were set to end the week on a high note, thanks to a temporary truce in the U.S.-China trade war. The S&P 500 was on track for its fifth straight daily gain, with all three major indexes showing weekly growth....

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