The last week on the financial markets was marked by euphoria in the Chinese market and the publication of quarterly results from Wall Street companies. What's more, investors have been keeping a close eye on incoming PMI data and comments from ECB bankers, which may provide important decision-making ground for the US Fed, which will make its decision on interest rates in the coming week. Remember to keep a close eye on US100, HK.cash and GBUSD in the coming week.
US100
Wall Street's Q4 2023 earnings season is entering a pivotal moment as quarterly data from giants such as Apple, Amazon, Alphabet and Microsoft will flow into the market. The financial data, coupled with Wednesday's interest rate decision by the Fed, could cause considerable volatility on the technology company index, which has been trading in the region of historic highs all along.
เริ่มเทรดทันทีวันนี้ หรือ ลองใช้บัญชีทดลองแบบไร้ความเสี่ยง
เปิดบัญชี ลองบัญชีเดโม่ ดาวน์โหลดแอปมือถือ ดาวน์โหลดแอปมือถือHK.cash
The past week has seen a pronounced wave of euphoria in APAC markets, fuelled by plans for multidimensional stimulus packages. For further sentiment creation on Chinese indices, actual confirmation of these developments in data may be key. On Wednesday, official PMI data from China for January will be known, so volatility in the markets could clearly accelerate on the day.
GBPUSD
In addition to the Fed itself, the Bank of England will also make a decision on interest rates. Market analysts assume that the Bank of England will decide on Thursday to keep interest rates unchanged at 5.25%. The GBPUSD pair broke out of the local highs of the consolidation zone last week, and this move could be tested just by the incoming macro data.