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How are you trading in the final week of May?

Joe Amon | The Denver Post | Getty Images

Comments from several U.S. Federal Reserve officials, as well as the April meeting minutes, sent clear signals to the market earlier this month that a June interest rate hike could be on the cards.

The April meeting minutes suggested a rate hike was imminent in June, provided economic data pointed to stronger growth in the second quarter. Some Fed officials have also fueled expectations of an increase in rates next month.

New York Fed President William Dudley said that June was a live meeting, while Richmond Fed President Jeffrey Lacker echoed the possibility of a June rate hike in an interview with Bloomberg Radio.

Whatever the Fed ends up doing will have profound implications for markets. The U.S. central bank has a long record of not wanting to surprise investors. On the few occasions it did so, the results were not good.

U.S. stocks sold off after the April meeting minutes were released, before rebounding on Friday.

Chris Weston, chief market strategist at IG, said in a note on Monday that the Fed's message to markets is that the world is doing better than previously thought, and the "market seems to be warming to this view," as the debate on whether the hike will come in the June to September window continues.

"It's no surprise that the U.S. five-year treasury saw aggressive selling last week," said Weston. He added, "The dollar has rallied in sympathy ... and the greenback remains a key focus this week."

A host of Fed officials are again due to speak this week, with the market searching for further clues on a forthcoming hike.

In light of this, tell us how you are trading in the final week of May.

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