October is almost over but still full of news and events; markets are leaping up and falling down in the waves of volatility. The final week of the month will not leave room for boredom.
Tag: central banks
Hypothetically, the new week of October must be calmer than the previous one: nothing threatens Donald Trump, the US employment statistics have already been published, and capital markets in the world are stabilizing. However, there will still be issues to pay attention to.
The first month of autumn-2020 is nearly over, and it only confirms the uniqueness and unpredictability of this year. The market is gradually focusing on the US policy statistics, though the coronavirus remains a mighty depressing factor that corrects market fluctuations.
It seems we have already heard the brightest and most effective news of September – both from the macroeconomic calendar and the leading Central banks. However, this does not mean that we will get bored this week.
At the beginning of July, investors are unlikely to get bored - to tell you the truth, they have had no chance to get bored this whole year. On the macroeconomic calendar this week, there are more statistics than the market can work off; meanwhile, the sessions of Central Banks, the ECB being the leader, may provide us a clearer understanding of the future.
Well, here we have yet another week of April; this month has become a mock vacation for the majority of citizens, a disaster for a large number of businesses, a revelation of a row of economic problems. Not much has changed since last week. However, there is good news: outside is spring, and summer is coming. Judging by the Chinese experience, the quarantine will come to its end someday, and life will get back to normal.
This March is risking to become a legendary month for capital markets — all movements and trends are defined by the only driver: coronavirus. This week is becoming no exception, and investors will again be looking not at the statistics but at the states' actions against the virus.
The new week of February may become the pause that investors need so much after the volatile January and the ambiguous first half of February. If everything goes as expected, the markets will balance themselves.