This week promises significant market-moving events, including crucial monetary policy decisions, earnings reports, and OPEC+ output adjustments—all set against the backdrop of U.S. China trade tensions. Here’s what to watch:

1. Federal Reserve and Global Rate Decisions on the Radar

The Federal Reserve is expected to hold rates steady during its upcoming meeting, despite external pressures to cut rates from President Trump. Other major central banks, including the Bank of England and Sweden’s Riksbank, are also set to announce their decisions this week.

2. Q1 Earnings Reports Roll In

As first-quarter earnings season progresses, major companies like Ford Motor, Advanced Micro Devices, and Walt Disney are expected to report results. With two-thirds of S&P 500 firms having reported thus far, aggregate earnings have exceeded consensus expectations.

3. ISM Services PMI and Economic Sentiment

The non-manufacturing PMI report for April is set to be released mid-week, with expectations of a slight decline while still maintaining above the 50-point mark. A surprising drop would generate further recession concerns.

4. Trade Policy Developments Under Scrutiny

Trade relationship updates, particularly regarding Trump’s tariff decisions and comments from Treasury Secretary Bessent on negotiations, remain a focal point for market participants.

5. OPEC+ Output Adjustments

OPEC+ has agreed to increase supply by 411,000 barrels per day in June, a move that raises concerns of an oil surplus and impacts prices negatively. Watch for how these decisions influence energy sector stocks.

Key Takeaways:

• Keep track of Fed announcements and global central bank dates.
• Monitor upcoming major Q1 earnings reports.
• Pay attention to ISM services data for indications of cooling economic conditions.
• Stay updated on OPEC+ developments affecting crude prices and energy sector performance.

Utilize this information with real-time data feeds to stay ahead of key market catalysts this week.