Major stock markets around the world started the week on a positive note. However, many market participants continue to digest the shift of focus away from inflation and back to economic slowdown following the last week’s European and US services and manufacturing reports showing a considerable growth slowdown.
This week is inactive in terms of monetary policy, with no significant central banks due to meet. However, this will be an interesting week as the European Central Bank will host a forum in Portugal. Fed Chair Jerome Powell, ECB chief Christine Lagarde and Bank of England Governor Andrew Bailey will participate in a policy panel at the ECB Forum.
Read my detailed weekly analysis report here - https://gulfbrokers.com/en/weekly-review-gold-usd-eurusd-and-dow-jones-36