FAST FIVE: Key Events This Week: Trade War, EU Elections, Durables, PMIs And Fed Minutes

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The FOMC and ECB meeting minutes are also due, along with a heavy calendar of Fed officials speaking.

It's worth noting that the ECB meeting minutes from the April meeting are due on Thursday.

Existing home sales are an input into the brokers' commissions component of residential investment in the GDP report.

12:00 PM Boston Fed President Rosengren (FOMC voter) speaks: Boston Fed President Rosengren will speak to the Economic Club of New York.

Thursday, May 23 08:30 AM Initial jobless claims, week ended May 18 (GS 215k, consensus 215k, last 212k); Continuing jobless claims, week ended May 11 (consensus 1,669k, last 1,660k): We estimate jobless claims were unchanged at 215k in the week ended May 18.

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