- FOMC minutes: Most participants said June rate hike would be appropriate if US economy continues to improve
- US consumer prices, industrial production strengthened in April
- Japan Q1 GDP grew faster than forecast, with caveats
- IMF proposes Greek debt relief plan
- US Treasury and House Republicans strike tentative deal to ease Puerto Rico debt crisis
Global equities were nearly unchanged on the week as the market grappled with the possibility of a rate hike from the US Federal Reserve in the coming months. The Chicago Board Options Exchange Volatility Index (VIX) rose to 16.08 from 14.23 a week ago, while the yield on the 10-year US Treasury note increased to 1.86% from 1.75%. West Texas Intermediate crude prices rose to $48.30 from $46.31 last week, and global Brent crude prices rose to $48.96 from $47.65.