Markets Week Ahead: Gold S&P 500 US Dollar; Powell Debt Ceiling Australia Jobs Germany ZEW China Data

May 14, 2023 at 05:01PM Markets will be looking for cues from Fed Chair Jerome Powell after hawkish remarks from Fed officials raised doubts on whether the US central bank will pause at its next meeting. With more evidence of weakness in the post-Covid recovery in China, concerns regarding the US debt ceiling and US banking sector, the positive drivers for markets are dwindling, just as the earnings season draws to a close.

Markets Week Ahead: Gold S&P 500 US Dollar; Powell Debt Ceiling Australia Jobs Germany ZEW China Data