The fourth week of May is set to be pivotal for global markets, with several macroeconomic events poised to impact investor sentiment. U.S. stock markets will be closed on May 25 for Memorial Day, leading to reduced trading volumes and liquidity globally. This week also features significant speeches from Federal Reserve officials, with Fed Governor Lisa Cook and FOMC member Michelle Bowman scheduled to speak, potentially offering insights into future monetary policy. On May 28, the Bank of Korea will announce its interest rate decision, a key indicator for Asian economies. The same day, the U.S. Bureau of Economic Analysis will release the April core Personal Consumption Expenditures (PCE) price index, a critical measure of inflation, alongside GDP data and jobless claims. These events are expected to shape market expectations and influence currency, bond, and equity markets as summer approaches.