Monday Market Must-Knows: March 18, 2024
Last week witnessed significant downturns in S&P, NASDAQ, and Russell indices, alongside a notable 5.5% surge in the 10-year yield attributed to concerning inflation data.
Energy prices spiked, hinting at a looming inflationary pressure likely delaying rate cuts by the Fed. Earnings calendar highlights include Volkswagen, Tencent, Micron Technologies, and General Mills. Central banks, notably Bank of Japan, Reserve Bank of Australia, and the US Federal Reserve, are set to announce their rates, with inflation concerns dominating discussions. Additional announcements from the Swiss National Bank and the Bank of England further contribute to a busy week in central banking. Economic indicators from France, Germany, the EU, England, and the US will also be closely monitored for insights into global economic health. 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!