Monday Morning Must-Knows: May 3, 2021
First up, we are watching the central banks. OnTuesday, the Reserve Bank of Australia and on Thursday, the Bank of Englandwill have their rate announcements. These could have an impact onthe GBP and AUD.
We are also keeping a close eye on the healthcaresector. If you check out XLV ETF, you’ll see a pull back into an area ofdemand. And, as part of a big earnings week with 1,492 companiesreporting, companies like Pfizer, who is a major part of XLV will be reportingon Tuesday.
As always, if you’re in the markets, please make sure youhave a trade plan and proper risk management in place.