Key events in the week ahead include the minutes of the last FOMC meeting as investors see now higher rates for longer after the economic data released the previous week. Markets now see a terminal rate of 5.28%
Investors leaving behind a week full of central bank decisions and entering a quieter one, with the RBA policy decision, UK’s GDP Q4 2022, and Canada’s employment report. In Europe,
We are entering one of the most critical weeks of the year. Fed, ECB and Bank of England will announce their interest rate decisions.
Traders digest the recent rally in equities as the expectations point to a 25 basis points rate hike in the next FOMC meeting as the inflation shows clear signs of slowing down.
Market News that moved the markets from September till December 2022
The week start with risk-on sentiment as investors speculate after the NFP data that Fed will not be aggressive on rate hikes. Inflationary pressures are weakening and so the focus this week will be on the CPI figures
Nikkei 225 and Asian istocks slide on Tuesday after the Bank of Japan adjusted its yield curve control (YCC) program increasing the allowable band for 10-year bond yields to target a band in and around 0.50% from the previous band of 0.25%.
Investors will enter the new week trying to digest the hawkish messages from Fed and ECB, both central banks raised the interest rates the previous week and left the door open for higher terminal rates.
SEC announced charges against eight individuals in a $100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks.
A critical week starts on Monday with four major central banks Fed, the European Central Bank, the Bank of England and the Swiss National Bank announcing their policy decisions while the U.S. CPI figure will play an important role
