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Economic calendar Asia Thursday, May 22, 2025 – May preliminary PMIs from Australia, Japan

US House Majority Leader Scalise. House will vote on tax bill today

Crude oil futures settle at $61.57

US Treasury auctions off $16B of 20-year bonds at a high yield of 5.047%

US treasury to auction $16B of 20 year bonds at the top of the hour

US stocks tumble. Yields start to weigh on the equities

Pres. Trump: Feeling very good on “the big, beautiful bill” in Congress

European indices turn mixed on the day at the close

House Speaker Johnson will meet with Trump this afternoon

Nasdaq erases declines. Index trades in positive territory.

EIA US weekly oil inventories +1328K vs -1277K expected

German FM Klingbeil met with US Treasury Secretary Bessent: Agreed to meet again