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Lookahead: trade war, data, election aftermath make for unpredictable week

Credit: Reuters - Business (Amazon FireT
Published on May 24, 2019 - Duration: 01:23s

Lookahead: trade war, data, election aftermath make for unpredictable week

Investors open next week to the results of European elections where populists are polled to perform strongly.

As Francis Maguire reports, markets will also have an eye on key U.S. growth numbers, and German and French consumer data.

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Lookahead: trade war, data, election aftermath make for unpredictable week

Investors rise Monday to the aftermath of European election results And the changes to Europe a populist surge from the likes of France's National Rally might bring.

There's also the follow-up to British Prime Minister Theresa May's resignation.

And her party's search for a new leader to deal with a difficult Brexit process.

Markets due to find out if weak manufacturing and export data from this week spread to consumers.

As German and French consumer confidence is released Tuesday.

Markets will hope to see April's consumer recovery continue in France, After months of anti-government protests meant shoppers stayed home.

French GDP and CPI figures also due Wednesday, German employment numbers out that day, too - can Germany's jobless rate stay at the record lows seen earlier this year?

All eyes on the U.S. Thursday when it releases the second reading of Q1 GDP figures... Will it be pleasant viewing for investors?

Or more worrying signs the trade war's hurting business... After PMIs showed U.S. manufacturing growth hit a ten year low this month?

Arguments over China's Huawei also likely to rumble on... As the trade war starts to resemble a tech cold war.

The week ends with employment figures and retail sales from Japan .... And PMIs from China due Friday - with the trade war in full flow.

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