Reasons behind the USD's advance, the earnings season in the United States, the outlook for EUR, JPY, Apple, Amazon, and more in this video!
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!
This week we will see two CPIs, five PMIs, and a dozen statements from banks governors from all over the world. Why do you need to follow these releases? Because it is a perfect opportunity for markets to gain volatility and for you to earn on this volatility.
This week, we will continue monitoring the developments in the stock and commodity markets as tensions between Ukraine and Russia and Fed’s tightening cycle remain the main issues driving the markets.
Gold is about to break the most significant support. The US dollar index keeps gaining momentum. However, the situation might change this week, and we might see a tiny correction. Investors might return to risk-on and push the US stock market indices and cryptocurrencies to the upside. These and more trade ideas are in our new weekly video! Do not miss it!
This week is likely to be pivotal for many assets, including gold, USD, and several stocks. However, we need to be focused and react fast to the ever-changing environment to get the most from it.
This week, the majors will be affected by the interest rate decision by the Federal Reserve, NFP, the BOE Meeting, and more events.