Big Week for Earnings!
Mario Draghi leaves the ECB,
EURO, Swedish Interest Rates decisions,
UK Brexit Vote Delayed – opens up another round of GBP high stakes Betting!
- The key driver for stock indices this week include earnings from companies in the SP500 index; around 150 companies will report earnings in the next two weeks!
- The US looks to be the best positioned economy of all the develop world economies at the moment; global stock indices seem to be betting on US Fed interest rate cuts and European Central Bank (ECB) economic stimulus to support higher stock markets;
Source: FXGM / Bloomberg