Even as anticipation mounts ahead of the US jobs data due later today (Friday 5th May), investors may be bracing for more volatility in the week ahead thanks to another round of risk events.

European shares flashed red on Thursday as investors digested the latest rate hike by the Federal Reserve (Fed) and prepared for the European Central Bank’s (ECB) policy decision later today.

Asian equities were mixed on Tuesday with some markets closed as investors braced for a heavy event week packed with top-tier data releases and key central bank meetings.

Most Asian equities flashed red on Tuesday, pressured by losses in Chinese shares as investors evaluated China’s re-opening story in the face of negative economic and geopolitical forces.