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President Donald Trump said Russia and Ukraine agreed to a three-day ceasefire from May 9-11, coinciding with Russia’s Victory Day celebrations. Trump said the agreement also includes a prisoner exchange involving 1,000 prisoners from each side. Ther

2026-05-09

President Donald Trump said Russia and Ukraine agreed to a three-day ceasefire from May 9-11, coinciding with Russia’s Victory Day celebrations. Trump said the agreement also includes a prisoner exchange involving 1,000 prisoners from each side. There was no immediate confirmation from Russian President Vladimir Putin or Ukrainian President Volodymyr Zelenskiy. “Hopefully, it is the beginning of the end of a very long, deadly, and hard fought War,” Trump said in a social media post.

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2026-05-09

FED REPORT: BANK LENDING TO OTHER FINANCIAL ENTITIES GREW APPRECIABLY IN FOURTH QUARTER OF 2025 TO $2.5 TRILLION

FED REPORT: BANK LENDING TO OTHER FINANCIAL ENTITIES GREW APPRECIABLY IN FOURTH QUARTER OF 2025 TO $2.5 TRILLION
2026-05-09

United States - April CPI (Tue), PPI (Wed), Retail Sales (Thu) Impact: Strong inflation data could further delay Fed rate-cut expectations and pressure bond markets. - Senate vote on Kevin Warsh Fed Chair nomination; Powell term ends Friday Impact: L

United States - April CPI (Tue), PPI (Wed), Retail Sales (Thu) Impact: Strong inflation data could further delay Fed rate-cut expectations and pressure bond markets. - Senate vote on Kevin Warsh Fed Chair nomination; Powell term ends Friday Impact: Leadership transition uncertainty may increase market volatility and reshape Fed policy expectations. - Key earnings: Cisco, Applied Materials, Constellation Energy Impact: Results will offer signals on AI spending, semiconductor demand, and power consumption trends. China - Trump visits China for Xi summit (Thu-Fri) Impact: Markets will watch for progress on tariffs, trade, AI restrictions, and geopolitical tensions. Any progress on de-escalation could ease oil prices and reduce global inflation pressure. - April CPI/PPI data (Mon) - Key earnings: Alibaba, Tencent, JD, Hon Hai Other Countries - UK King’s Speech (Wed) and Q1 GDP (Thu) - Eurozone GDP and Germany ZEW sentiment - Bucharest Nine security meeting (Wed) Impact: NATO and regional leaders will discuss Russia-related security risks and defense coordination.
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