A busy week is ahead for global markets. Meetings of major central banks with ECB, BOE and FOMC on the horizon return this week. However, all eyes are mainly on the US Federal Reserve bank this week as the US central bank is expected to provide a clear timeline related to its upcoming interest rate hikes. Markets have fully priced in a 50bp rate hike at this week’s FED meeting,
On the other hand, the markets have a lot of economic data to digest this week which includes the US inflation data. The November CPI report is expected to show further signs that peak inflation is in place.
On the earnings front, the companies scheduled to release their last quarter financial results this week will be Accenture, Adobe and Oracle.
Check out my detailed weekly analysis report here - https://gulfbrokers.com/en/weekly-review-gold-usd-eurusd-and-dow-jones-59