<img src="https://images.aposto.com/2022/5/0/1656251704723.png" style="display: block; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" width="550" alt="Markets Recap" ratio="1.98" fr-original-style="display: block; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">Year-to-date price changes. Prices at markets close.• Recession fears creep into the markets this week as the inflation prints continue to roll out with the US releasing its PCE data and the EU releasing its June preliminary CPI. Following last week's PMI flashes, we'll get to see the final readings of the PMI data for June this week as well.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Monday ECB President Lagarde, Fed Chair Powell, BOE Gov Bailey to speak at ECB Forum on Central Banking; US durable goods; China industrial profits</li><li fr-original-style="" style="box-sizing: border-box;">Tuesday Germany Gfk consumer confidence; US wholesale inventories, Conference Board consumer confidence;&nbsp;</li><li fr-original-style="" style="box-sizing: border-box;">Wednesday NATO summit starts in Spain; Eurozone economic confidence, consumer confidence; US Q1 GDP; Germany preliminary CPI; Russia unemployment; OPEC meeting; EIA crude oil inventories;&nbsp;</li><li fr-original-style="" style="box-sizing: border-box;">Thursday Eurozone, Germany unemployment; France CPI; UK, Czechia GDP; US personal income, spending; Sweden interest rate decision; China PMI</li><li fr-original-style="" style="box-sizing: border-box;">Friday Global manufacturing PMIs; Eurozone CPI flash; Japan unemployment, Tokyo CPI.</li></ul>

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