What’s Chairman Powell got to say?
This Wednesday we’ll hear what the Fed plans to do with interest rates based on their perspective of the economy and in particular, the potential for inflationary times ahead. Powell’s comments after the Rate Statement are likely to move the markets one way or another so be sure you have your risk management rules in place and trading plans ready to go.
The very next day, FIVE markets (France, Germany, Euro, UK and USA) will be reporting on their respective Manufacturing & Services sectors. These sectors are big components of their economies and indicate what if any growth they are experiencing which in turn affects job growth, consumer sentiment, etc.
So, lots of potential for volatility this week so take a listen to Monday Morning Must-Knows and be ready for the trading week ahead!