Global markets ended last week lower as investors worried about signs of slowing global growth, rising inflation, the prospects for a more aggressive move by major central banks and signs of a global recession are growing by the day.
This week Central Banks completely dominate markets with the FED, BOE and BOJ all conducting meetings. The key focus, however, will remain on the most anticipated Federal Reserve’s interest rate decision and statement. The Federal Reserve will begin a two-day meeting on Tuesday with expectations mounting that they will lift rates by at least 0.75%.
On the earnings front, the companies scheduled to release their last quarter financial results this week will be Costco, KB Home and H.B. Fuller.
Check out the detailed weekly analysis here - https://gulfbrokers.com/en/weekly-review-gold-usd-eurusd-and-dow-jones-48