Global Weekly Overview

Week of May 25–29 

Markets remain resilient despite ongoing inflationary and geopolitical challenges

Markets ended the week on a more constructive note, supported by moderating oil prices and strong corporate earnings. However, inflation remains above central bank targets, while geopolitical tensions continue to shape the global economic outlook.

United States

Markets advanced, supported by lower oil prices and S&P 500 earnings growth of 28.4%, the strongest pace since 2021. Inflation remains elevated, while consumer confidence continues to face pressure.

Europe

The ECB remains cautious amid still-elevated inflation. Although consumer confidence improved, economic sentiment remains weak and core inflation continues to run above target.

Japan

Retail sales and employment exceeded expectations. Consumption remains resilient, supported by government stimulus measures and a strong labor market.

China

Industrial profits increased 24.7%, driven by technology, electronics, and energy, reflecting a more favorable recovery in strategic sectors.

Argentina

Inflation expectations continue to moderate. Authorities anticipate monthly inflation below April levels, easing concerns over exchange-rate pressures.

Brazil

GDP exceeded expectations, supported by investment and consumer spending. However, producer prices continue to reflect pressures stemming from the global energy environment.

Mexico

Banxico lowered its 2026 growth forecast. Nevertheless, exports and foreign direct investment reached record levels, supporting economic activity.

“Markets can remain irrational longer than you can remain solvent.” — John Maynard Keynes

KEY UPCOMING EVENTS

• In the United States, manufacturing PMI will be released 06/01
• In the United States, nonfarm payrolls will be released on 06/05

Monitor:

Note: Returns as of 10 AM ET.