Geopolitical instability and inflation remain a top concern while 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 manufacturing reports showing a considerable growth slowdown.
This week the world’s major central banks, the Reserve Bank of Australia and Bank of Canada will kick off this month’s central banks policy meetings. On the other hand, China’s inflation will be the highlight of the final trading day of the week.
On the earnings front, the companies scheduled to release their last quarter financial results this week will be GameStop, Costco, Chewy and Lululemon.
Check out the weekly analysis here - https://gulfbrokers.com/en/weekly-review-gold-usd-eurusd-and-dow-jones-58