Monday Market Must-Knows: September 16, 2024
This week is shaping up to be eventful, especially with central bank announcements. While earnings reports are lighter with only 194 companies, notable names include General Mills, KB Homes, FedEx, and Lennar.
However, the real focus is on Wednesday’s FOMC meeting, where a 25 basis point rate cut is expected.
The press conference afterward could trigger volatility, especially as Jerome Powell addresses off-script questions.
Thursday, the Bank of England might surprise markets with a rate cut from 5% to 4.75%. Lastly, the Bank of Japan’s decision, although likely to hold rates steady, could also impact global markets.
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!
However, the real focus is on Wednesday’s FOMC meeting, where a 25 basis point rate cut is expected.
The press conference afterward could trigger volatility, especially as Jerome Powell addresses off-script questions.
Thursday, the Bank of England might surprise markets with a rate cut from 5% to 4.75%. Lastly, the Bank of Japan’s decision, although likely to hold rates steady, could also impact global markets.
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!