Market Drivers this Week…ECB and Swedish Interest Rate Decisions, Earnings from McDonald’s, Microsoft, Tesla, Twitter, Amazon and more…

by John Knobel

 

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