The IMF’s world economic outlook and earnings updates from more major US companies will provide the main focus for investors today.
US markets experienced a mixed session yesterday as the World Bank cut its 2022 growth estimate to 3.2% but figures from China revealed a better-than-expected first quarter GDP figure. The IMF is due to publish updated forecasts in Washington later.
Oil prices, meanwhile, are close to their highest levels in almost a month after production disruption at Libya’s biggest oil field added to ongoing supply issues.
