Weekly Radar For The Week Of May 2nd, 2022

Weekly Radar For The Week Of May 2nd, 2022

almost 2 years ago1 min

Hey Finimizers,

Earnings season continues with pandemic winner Pfizer set to report on Tuesday and oil giants Shell and BP expected to report booming results this week thanks to soaring oil prices. Other notable results come from chipmaker AMD on Tuesday, ecommerce retailer eBay on Wednesday, and airline groups Lufthansa and IAG later in the week.

On the economic front, it's a big week for interest rate decisions with the US Federal Reserve's highly anticipated meeting concluding on Wednesday when it's widely expected to raise rates by 0.5%. Across the pond, the Bank of England is also expected to announce a 0.25% rate hike when it meets on Thursday.

Key events we are watching this week:

  • Tuesday: Earnings from Pfizer, AMD, BP, Airbnb
  • Wednesday: US interest rate decision, earnings from eBay, Uber Technologies, Volkswagen
  • Thursday: UK interest rate decision, earnings from Shell, Lufthansa
  • Friday: Earnings from Adidas, IAG
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