Focus is especially on the U.S. amid growing concerns that elevated inflation, a strong economy and a recent rise in oil prices could delay interest-rate cuts until later this year or even into next year. In that light, the first estimate of U.S. first-quarter gross domestic product and PCE inflation data will be particularly closely watched. In Europe, flash purchasing managers' data for April could be a steer for whether the European Central Bank is on course to cut interest rates in June. Japan's central bank meeting is the main event of the week in Asia and will be watched for any hint of further rate hikes to ... (full story)