The Federal Reserve speeds up its quantitative tightening, and this is certainly bullish news for the USD. At the same time, this is a negative factor for the American stocks, which have entered their seasonally worst month.
Weekly Market Outlook: January 25-29
What to expect from the markets this week? The Federal Reserve has its regular meeting this Wednesday at 21:00 MT time. In addition to that, the US dollar awaits the release of US Advance GDP on Thursday at 15:30 MT time. Besides the USD, there will be other news to follow including, but not limited to the Australian CPI and Canadian GDP. And don't forget about the stock market this week, as the indices are making fresh gains amid stimulus-friendly policies by Joe Biden. Learn more from the weekly economic video by FBS!
Similar
The gold has made a perfect retest, but will it hold against the rising dollar? Also, the Jackson Hole Symposium and Jerome Powell's speech may become critical for most assets, and finally, more economic releases and earnings reports await you.
After last week's CPI turned the markets upside down, we are looking at the performance of the US dollar…
Latest news
Although the last week was intense, this one may be more dynamic and volatile. After the FOMC meeting and controversial decisions from the Bank of England, we saw a historical pound decrease, and the gold plunge. And there’s even more for you.
After the US CPI last week came out above the forecast, traders started expecting a 75-basis point rate hike…
In this video, we will talk about the potential change of a trend in the euro, another stock rally amid a global downtrend, gold prospects, and news that shakes the world right now. It’ll be a helpful video you don’t want to miss.