Looking Ahead: May 6 through May 10, 2013

Both the European Central Bank and the Reserve Bank of India cut their policy interest rates last week — and both disappointed investors because they did not do more. Most economic data disappointed globally with the exception of the U.S. employment situation report. The Reserve Bank of Australia and the Bank of England meet. Economic data mainly consists of industrial production and merchandise trade data for March. Services PMIs in Europe will be watched to see if any part of the European economy is growing. Key labour force reports will be closely watched in Australia and Canada.