Find out the key market movers for the upcoming week
February 22-26: dovish Fed, expensive oil, and stock market highs
A new week starts with fresh tops of the oil market, crypto, and bond yields. Of course, a non-stop rally of the markets worries investors, who cite possible reflation effects and reverse in the risk sentiment. Still, for now, we expect the Fed to stay dovish, and the RBNZ to keep its monetary policy unchanged. Follow the weekly video for more details.
It's a very interesting week: the reports of the Australian central bank and Bank of England will be out, also NFP will be released on Friday!
This week is going to be full of news from the corporate world, OPEC, FOMC, and the BOJ - tune in!
Coinbase dropped by 6.5% in pre-hours trading today, after reporting that revenue and earnings came out slightly worse than expected. Gold is moving up to $1840. EUR/USD is attacking local highs.
US inflation rose to a 13-year high making the USD rise…
The global economic recovery led to higher inflation which in turn is believed to cause the recent plunge in the US and Asian stock markets.