During Monday's trading hours, the US Dollar plummeted, which boosted commodity and stock prices and various currency exchange rates that include the USD.
Tesla announced on Monday that the company would return its Shanghai production to pre-lockdown levels already on Tuesday.
The Euro has surged against peer currencies, as the President of the European Central Bank Christine Lagarde commented that the ECB would hike interest rates in July.
Harley Davidson has revealed that the company would suspend most of its vehicle production due to parts shortages.
The Managing Director of the International Monetary Fund Kristalina Georgieva has announced that global financial leaders should prepare for additional inflationary shocks
Accounts of the European Central Bank's April 14 meeting have revealed that the policymakers have been arguing over the start of monetary tightening.
Data published this week revealed that in April inflation in Canada was at 6.8%, which is an increase from the previous 6.7% inflation rate.
In April, new US building permit issuance plummeted by 3.2%, reaching a five-month-low level.
This week, the US Treasury Secretary Janet Yellen stated that lockdowns in China have slowed down supply chain recovery and risks could spill over to other economies.
ECB bank supervisor Andrea Enria revealed to Italian media that the central bank had instructed Euro Zone banks to reassess their economic forecasts.
New York Federal Reserve revealed on Thursday that its data shows a worsening of global supply shortages in April.
Eurostat published this week revised inflation data for the Euro Zone. Inflation was revised down to 7.4%, which is still a record high level.
Data released this week revealed that UK annual inflation in April had reached 9.00%, which is a 40-year-high level.
This week, the state of New York sued Amazon over alleged discrimination of disabled and pregnant employees.
Tencent has published its quarterly results, which revealed that profits had decreased by a half on a year-on-year basis. In addition, no revenue growth had been recorded.
During Wednesday's trading, the US Dollar index ended its two day decline, as risk-off sentiment returned to the financial markets.
During the pre-market hours the stock price of Target plummeted by nearly 25.00%. The drop was caused by the company reporting that its quarterly profits had decreased by half, compared the previous quarter.
Reuters revealed this week that the G7 countries are set to discuss the legislation of crypto assets, as recent crashes had urged for regulation.
This week, it was revealed that in the first quarter of 2022 the quarterly UK unemployment rate had reached a 48-year low level.
US Retail Sales data for April has showed mixed results, as Core Retail Sales beat the forecast by 0.2% and Retail Sales came in 0.1% below expectations. The event created a muted market reaction.
During Tuesday's US trading hours, Walmart stock price declined more than 10.00% due to the company announcing worse than forecast quarterly results.
This week, Saudi Arabia announced that it would increase its oil production by more than 1 million barrels per day by the end of 2026.
In the first quarter of 2022, the economy of Israel declined by 1.6% on a year-on-year basis.
European Central Bank policymaker Fabio Panetta stated this week that at the end of 2023 the ECB might start the development of a digital Euro.