Markets Week Ahead: Gold, S&P 500, US Dollar; Powell, Debt Ceiling, Australia Jobs, Germany ZEW, China Data
from DailyFX - Market News https://ift.tt/NYBEjgl
The key finance news stories to watch for next week,
• U.S. economic data:
The week will be full of important economic data releases, including retail sales, industrial production, capacity utilization, business inventories, and housing starts. These reports will be closely watched for signs of how the economy is faring in the face of rising inflation and interest rates.
• Fed speakers:
Several Federal Reserve officials will speak next week, including Chair Jerome Powell, Vice Chair Lael Brainard, and Governor Christopher Waller. Their remarks will be closely scrutinized for any clues about the Fed's future monetary policy path.
• G7 summit:
The G7 summit will be held in Hiroshima, Japan, next week. The leaders of the world's seven largest economies will discuss various issues, including the war in Ukraine, the global economy, and climate change.
• Corporate earnings:
The second quarter earnings season will kick off next week. Investors will be closely watching earnings reports from major companies to see how they are faring in the situation of rising inflation and interest rates.
• Cryptocurrency volatility:
Cryptocurrency prices have been volatile in recent weeks. Investors will be observing to see if the volatility continues next week.
Summary
Overall, next week is shaping up to be busy for finance news. Investors will be closely watching economic data, Fed speakers, the G7 summit, corporate earnings, and cryptocurrency prices for clues about the future of the global economy.
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
