Week Ahead: What Are the Markets Watching This Week?
==========
This week, the markets will be focused on several key events and indicators. The US economy remains robust, with Q4 GDP rising more than expected at an annualized rate of 3.3%. Manufacturing and services PMIs are also in expansionary territory. The Federal Reserve is expected to hold the Fed funds target range unchanged, but there is speculation about a possible rate cut in March. The Bank of England is anticipated to hold the Bank Rate at 5.25%, but there may be a change in the rate statement. Inflation remains a problem for the UK, with headline YoY inflation at 4.0% in December. Non-farm payrolls data will be released on Friday, which could impact the US dollar. Overall, the markets will be closely watching these events and indicators for potential market-moving developments.
#Markets #UsEconomy #FederalReserve #BankOfEngland #Inflation #Non-farmPayrolls
https://www.fxempire.com/forecasts/article/week-ahead-what-are-the-markets-watching-this-week-5-1405526
FX Empire /
npub1lj…9zjdc
2024-01-28 10:56:09
Author Public Key
npub1ljmz9hjq6kkwm5ltqfc6dpw9ytalhtnf7sgp4r75dqvtsq2wz9sqp9zjdcPublished at
2024-01-28 10:56:09Event JSON
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"content": "Week Ahead: What Are the Markets Watching This Week?\n==========\n\nThis week, the markets will be focused on several key events and indicators. The US economy remains robust, with Q4 GDP rising more than expected at an annualized rate of 3.3%. Manufacturing and services PMIs are also in expansionary territory. The Federal Reserve is expected to hold the Fed funds target range unchanged, but there is speculation about a possible rate cut in March. The Bank of England is anticipated to hold the Bank Rate at 5.25%, but there may be a change in the rate statement. Inflation remains a problem for the UK, with headline YoY inflation at 4.0% in December. Non-farm payrolls data will be released on Friday, which could impact the US dollar. Overall, the markets will be closely watching these events and indicators for potential market-moving developments.\n\n#Markets #UsEconomy #FederalReserve #BankOfEngland #Inflation #Non-farmPayrolls\n\nhttps://www.fxempire.com/forecasts/article/week-ahead-what-are-the-markets-watching-this-week-5-1405526",
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