Following the strong US jobs data and the dovish remarks by Fed Chair Jerome Powell on Friday, this week kicks off with investors locking their gaze on the two-day trade negotiations between the US and China, scheduled for Monday and Tuesday. On Wednesday, the BoC holds its first monetary policy meeting for the year, while the Fed publishes the minutes of its December gathering. We get the minutes from the ECB as well, which are due to be released on Thursday. On Friday, we get US inflation data.
On Monday, market participants are likely to be sitting on the edge of their seats in anticipation of the two-day trade negotiations between the US and China. Both nations have shown their willingness to reach consensus on the matter and thus, more headlines pointing to that direction may calm investors’ nerves somewhat. However, bearing in mind that there are still major...
On Wednesday, we have the first G10 central bank meeting for 2019, and it’s from the BoC. At their previous meeting, Canadian policymakers kept interest rates unchanged at +1.75% as was widely anticipated, but the accompanying statement had a dovish flavor compared to the hawkish one we got in October. The key takeaway was that the...
Read the full financial markets weekly outlook on JFD Research.