April, 18 – 2022

Ukrainian defenders in Mariupol defy surrender-or-die demand. US rocked by 3 mass shootings during Easter weekend; 2 dead. Two of the major names reporting this week will include Netflix (NFLX) and Tesla (TSLA), United Airlines (UAL), American Express (AXP), Johnson & Johnson (JNJ) and Kimberly-Clark (KMB). Japan’s Nikkei 225 drops almost 2%; China’s first-quarter GDP tops expectations. Data on housing starts and building permits is due out on Tuesday, followed by an update on existing home sales on Wednesday. EU might phase in a ban on Russian oil imports underpinning prices. The phased-in approach is designed to give Germany and other countries time to arrange alternative suppliers. China is to release data on first quarter GDP on Monday, but investors will likely be more focused on March figures on retail sales. War in Ukraine creates commodity markets crisis, farming headaches. Mexico’s Pemex says fire under control at Salina Cruz refinery. U.S. Arrests 210,000 Migrants at Mexico Border in March, Rivaling Record Highs. Mexican president’s contentious electricity overhaul defeated in Congress.

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