After NFP greatly exceeded expectations, the market players turn their heads to the release of US CPI, which may push the Fed to hike sooner…
Weekly Market Outlook: August 5-9
Information is not investment advice
After the rate cut by the Federal Reserve and intensified trade tensions last week, the risk sentiment in the market will be under the main attention. As for the economic calendar, we will see the rate statements by the Antipodean banks. The main question is whether the Reserve bank of New Zealand will cut its rate even more? We will find out on Wednesday. As for now, watch the weekly video by FBS where the Chief market analyst Darya Bobrova explains the main market movers and helps with sorting out your busy trading plans.
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For the stock market, January turned out to be the worst month since the market crash in March 2020. There are expectations of rate hikes, another covid wave, and speeding the end of the bond-buying program. What to expect from February and how to trade this week?
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After NFP greatly exceeded expectations, the market players turn their heads to the release of US CPI, which may push the Fed to hike sooner…
For the stock market, January turned out to be the worst month since the market crash in March 2020. There are expectations of rate hikes, another covid wave, and speeding the end of the bond-buying program. What to expect from February and how to trade this week?