Action-Packed Week Awaits Nervy Markets
Monday, 8 April 2024, 04:33
Morning Bid: Action-packed week awaits nervy markets
European markets are gearing up for a steady start to the week with the ECB widely expected to stand pat on rates but possibly hint at when rate cuts would likely begin, while investors will parse through the latest reading of the U.S. inflation report.
- Markets will also get a chance to assess U.S. PPI data and the minutes of the Fed's March meeting.
- UK GDP data is due at the end of the week.
- Fed speakers including John Williams, Mary Daly, and Raphael Bostic are also due to speak in the week.
Conclusion: The upcoming week is packed with key economic data releases and speeches from notable Fed members, influencing market sentiments and trading strategies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.