Global markets ended last week on a mixed note as investors are keeping a close watch on central bank actions as they try to assess the impact of aggressive rate hikes on global growth. It will be a holiday-shortened week in the US, with markets closed on Monday for a public holiday. However, this week is expected to be a busy one, with the main focus on the RBNZ decision, US GDP and FOMC minutes as well as the earnings results from big US retail firms.
Federal Open Market Committee, a committee within the Federal Reserve System (the Fed), will release February FOMC meeting minutes on Wednesday, the minutes may provide some insight into what we can expect from the Fed over the coming months. Last week, Fed officials hinted at more policy tightening till they see a decisive sign of inflation falling going ahead.
On the earnings front, the companies scheduled to release their last quarter financial results this week will be Coinbase, Nvidia, Walmart, Etsy, Moderna, Alibaba and Baidu.
Check out the detailed weekly analysis here - https://gulfbrokers.com/en/weekly-review-gold-usd-eurusd-and-dow-jones-68