Upcoming Week's Macro Outlook: Rising Risks of U.S.-Israel Conflict and Gold Market Volatility

PANews posted on X (formerly Twitter). In the upcoming week, several key events are expected to capture market attention. On Monday, the G7 finance ministers and central bank governors will convene until May 19. On Tuesday at 20:00, Fed Governor Christopher Waller is scheduled to speak at a European Central Bank research conference. Additionally, the weekly change in U.S. ADP employment numbers for the week ending May 2 will be released at 20:15. On Wednesday at 7:00, Anna Paulson, the 2026 FOMC voting member and President of the Philadelphia Fed, will deliver a speech. The Federal Reserve will release the minutes of its monetary policy meeting on Thursday at 2:00. Later that day, at 20:30, data on U.S. initial jobless claims for the week ending April 18, April's annualized new housing starts, building permits, and the May Philadelphia Fed Manufacturing Index will be announced. On Friday at 22:00, the final figures for the University of Michigan's May consumer sentiment index, one-year inflation expectations, and the U.S. Conference Board's leading indicators for April will be published. Reports suggest that the U.S. and Israel may resume strikes on Iran as early as next week, posing a significant risk to gold bulls. Meanwhile, bond market expectations for interest rate hikes are intensifying, coinciding with the release of the last meeting minutes from the "Powell era." Additionally, the AI boom and consumer spending under inflationary pressure are the two main factors influencing U.S. stock market trends. Next week, semiconductor giant Nvidia (NVDA) and several retail companies, including Walmart (WMT), will release their earnings reports, prompting in-depth analysis around these two core themes.