This week the world’s major central banks, the European Central bank and the Bank of Japan will announce their interest rate decisions this week.
However, all eyes will turn to the European Central Bank monetary policy decision. The most waited ECB decision tends to lead to significant moves for currencies and Indices. The ECB is set to hike interest rates for the first time in 11 years. The central bank should also unveil new forecasts for interest rates, inflation, and the economy.
On the earnings front, the companies due to release their results will be Netflix, Bank of America, Snap, Twitter and Tesla will be among those reporting earnings this week.
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