Find out the key market movers for the upcoming week
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!
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.