Monday Market Must-Knows: April 8, 2024
The trading week ahead sees a shift from recent market uptrends, with S&P and NASDAQ showing signs of slowdown.
Despite only 63 companies reporting earnings, quality trumps quantity, notably with major financial firms like JP Morgan and Wells Fargo releasing results on Friday.
Central bank rate statements from Bank of New Zealand, Bank of Canada, and ECB could trigger volatility, despite expectations of no changes.
Inflation data, including CPI and PPI, are closely watched, with expectations of a slight drop in CPI but a potential increase in PPI.
Rising inflation poses challenges, potentially impacting rate cut expectations and market sentiment.
Investors brace for potential market shifts amidst earnings, central bank actions, and inflationary concerns.
As always, if you’re in the markets, make sure you have a trade plan. Join us for a FREE introductory class. Learn about tools & rules for trading with confidence-so you can stay one step ahead of market volatility. Stay Informed, Start Knowing Today!
Despite only 63 companies reporting earnings, quality trumps quantity, notably with major financial firms like JP Morgan and Wells Fargo releasing results on Friday.
Central bank rate statements from Bank of New Zealand, Bank of Canada, and ECB could trigger volatility, despite expectations of no changes.
Inflation data, including CPI and PPI, are closely watched, with expectations of a slight drop in CPI but a potential increase in PPI.
Rising inflation poses challenges, potentially impacting rate cut expectations and market sentiment.
Investors brace for potential market shifts amidst earnings, central bank actions, and inflationary concerns.
As always, if you’re in the markets, make sure you have a trade plan. Join us for a FREE introductory class. Learn about tools & rules for trading with confidence-so you can stay one step ahead of market volatility. Stay Informed, Start Knowing Today!