50 days ago • Posted by Paul de La Baume
To watch this week: #CPI #Fed #ECB #BoE $ORCL $ADBE #stocks #earnings #forex #trading
The main central banks in the world are expected to end 2022 with additional rate increases as they continue to fight against inflation. The US Federal Reserve will meet on Wednesday, followed by the European Central Bank, the BoE, and Switzerland's SNB on Thursday. On Tuesday, US inflation statistics will provide us with new insights into the Fed's strategy. The Fed meeting and the inflation statistics come as a double punch and could determine the direction of US stocks for the remainder of the year and beyond. Lastly, analysts will be closely following earnings from cloud software giants Oracle (Monday) and Adobe (Thursday), expected to be released after the bell.