Friday, 1st May 2026, marks Workers Day (May Day), which is a Statutory Public Holiday and should be observed as such throughout the country, according to Muntaka Mohammed-Mubarak.
As of early Tuesday, the S&P 500 Index has risen by over 13% within the past three weeks after hitting a new seven-month low. April 2026 is projected to be the best month for the S&P 500 Index in 52 years.
The recent economic data shows that US Retail Sales increased by 1.7% month-on-month, surpassing expectations of 1.4%. In contrast, UK CPI (inflation) was at an annualized rate of 3.3%, which aligned with forecasts.
Meanwhile, Canada’s CPI had a month-on-month increase of only 0.9%, lower than the predicted 1.1%. New Zealand’s CPI saw a slight uptick of 0.9%, slightly above the expected 0.8%.
The USD/JPY currency pair gained ground last week after a bullish breakout beyond ¥160. Additionally, Brent Crude Oil prices are under pressure due to the closure of the Strait of Hormuz by Iran.
Moreover, Friday, 1st May is also recognized as a public holiday in several other countries including China, Switzerland, France, Germany, and Italy.
Tomorrow’s horoscope signals progress in career matters and healing in relationships—important money insights are also anticipated.
The outcome of ongoing negotiations concerning the Middle East war is likely to remain influential on market movements.
