Big Week for Central Banks
From Nasdaq:
Nasdaq’s IR team provides a daily roundup of market and economic updates. Central banks like BoJ, BoE, and Fed are in focus. BoJ expected to hike rates as Japanese wages surge. Narrow market breadth and concentration risk remain concerns. Earnings recovery crucial for sustained rally. Consumer sentiment and inflation expectations slightly above desired rates. Corporate bond spreads tighten. Domestic equity flows positive with passive managers leading. Equities mixed, oil and yields higher, dollar stronger. Week in review saw major indexes lower, with energy outperforming and real estate underperforming. Policy decisions from Fed, BoJ, and BoE this week. Key economic updates on global flash PMIs and inflation reports expected.
In market news, Fed expected to keep rates high for longer. Inflation concerns may prompt Fed to dial back rate-cut outlook. BoJ rate hike anticipated after wage jump. Bank of England likely to hold rates. China’s upbeat industrial output tempered by property struggles. Global commodity trading profits soar to second-best year. Putin cements rule for another 6 years. Israel plans to press on with Gaza assault. Ayala sets core net income goal for 2026. Shift4 CEO dismisses buyout bids. Advent nears deal to buy Canadian payments processor. BAT chief defends London listing. FAA to investigate missing panel on United Flight. Apple in talks to use Google Gemini for iPhone AI features. US probing Meta for illicit drug sales role. Bluebell urges Blackrock to rethink ESG. Uber to pay Aussie taxi drivers in settlement. TSMC bullish on AI age bet. Elon Musk releases chatbot code in A.I. war escalation. Pfizer plans to sell shares in Haleon. Iran boosts companies to increase oil output. China sees record oil processing. Ukrainian drones target Russian oil refineries. China set for record Russian oil imports.
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