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Global Markets Brace for Volatile Week Ahead of U.S. Inauguration

share-iconFriday, January 10 comment-icon1 week ago 7 views
News sources:
reutersREUTERS
Global Markets Brace for Volatile Week Ahead of U.S. Inauguration

Credited from: REUTERS

  • Global markets anticipate turbulence in the week leading to the U.S. inauguration on January 20.
  • Key economic indicators like UK inflation and U.S. consumer price data are due, influencing market responses.
  • The Bank of England faces challenges as inflation reaches an eight-month high, potentially affecting interest rates.
  • China's growth numbers are expected to show a successful stimulus push to achieve a 5% growth target for 2024.
  • Several major U.S. banks will report fourth-quarter earnings, marking a significant time for investment banking.

For the full article, visit Reuters.


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