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: September 2-6
Last month was pretty shaky for the markets, that is why we are happy to turn the page to September with new events and news expected. This week we are awaiting the rate statements by the RBA and the BOC and more comments on the further monetary policy decisions by the regulators. Also, of course, the American jobs data will be in focus on Friday. If you want to be updated with the key levels and know more market movers this week, watch the weekly outlook with Chief market analyst Darya Bobrova!
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