As we approaching the end of the year, investors are growing more tired; however, the situation around gives no chance for a coffee break. The new week is bringing along statistics and events alike, we will not get bored, for sure.
The oil cartel is keeping capital markets positive, while the labor market in the USA demonstrates hidden power. There is little that can spoil the investors' mood except for the overbought state of the market. In the new week, market players may go on buying until they decide that things are getting too expensive.
The world keeps fighting the coronavirus, but the victories are rather feeble. The new week of April and the beginning of May (oh my, it is May already!) will be the times of Central Banks and their attempts to soothe the business and economies.
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.
The last week of January will be at least interesting: Brexit is coming, though it was hard to believe we will ever see it. The Fed will make its decision about the rate, as well as the Bank of England.