This new week of January is unlikely to be eventful: the market has just got a whole load of news and is busy analyzing it. Oil is pricey, the risk seems appealing, and the nearest future does not look complicated.
Tag: us dollar
One shouldn’t expect a Pre-New Year week to be feverish or volatile: everything that had to happen has already happened. It’s time to take a break to save strengths and come back to financial markets in the New Year as fresh as paint.
It is unlikely that this Christmas week, the last full week of this weird year will surprise us with some breakthroughs or drastic changes. Let us just celebrate the Catholic Christmas and hope that the elves are in good mood.
The new week of December might seem interesting only because there are plenty of Central bank conferences scheduled for it. We will discuss them separately.
What are the reasons for it?
The new week that winds up autumn and gives way to winter is going to be eventful: we will enjoy, statistics, meetings of Central banks, and an OPEC meeting. The market will definitely find lots of footholds.
The tide of statistics can hardly knock investors down in the middle of the month, but reports are becoming more and more interesting, this week no exclusion.
Capital markets are ruled by volatility. The USA are enjoying new President but this is just the top of the iceberg. We expect statistics, meetings of Central banks, and, of course, political events.
The first week of November may become the most emotional one this year, apart from the panic in March. The main event is the presidential elections in the USA that will create an emotional background for the whole week. There will also be statistics, but right now, its influence will be somewhat limited.
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.