Economic Events

a) OPEC is again pushing for production cuts to boost sagging prices. b) China’s trade data for April showed a rebound, which could signal higher oil demand. c) However, high US interest rates and a strong dollar could limit oil’s upside potential. The push-and-pull from these forces makes oil prices one of the top issues…

As we kick off a new week, let’s take a look at five major economic events that markets will be closely watching: