Jun Rong

What are some of the key events to watch next week? Source: Getty This week's overview

Into the new trading week, markets in Japan, South Korea and Thailand are closed for holiday, setting the region up for a more tamed start.

The Asian session was set for a positive open, with Wall Street offering a positive lead overnight. Source: Getty Asia Open

Last week, an initial dip in Wall Street was overridden by a late-week surge, as US labour conditions finally revealed more concrete signs of moderation.

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Key events to watch in the week ahead: 13 – 19 May 2024

Wall Street has been taking comfort with a dovish outcome from the recent Fed meeting and along with some signs of weakness in US labour conditions.

A late-night bounce in Wall Street overnight aided to put major US indices firmly in the green as market participants look towards the upcoming US CPI data.

Following four straight months of upside surprises in US consumer prices, markets were relieved to see a more tamed read for April. Source: Getty

Risk sentiments may broadly track some profit-taking in Wall Street overnight, as the US dollar attempts to bounce off near-term support following its post-CPI dip.