Market focused on US inflation data and Fed policy outlook, with potential impact on S&P 500.

From Investing.com: 2025-01-13 00:21:00

The strong US jobs report has impacted Fed expectations, with some analysts now predicting no cuts at all. The S&P 500 experienced a sell-off, raising concerns about further downside. US inflation and retail sales data will shape future monetary policy expectations. The week ahead includes key economic releases from China, UK, and Australia. The US ended the week with a surge in jobs growth, causing market participants to see fewer Fed rate cuts. The commodities market saw gains, while the US Dollar remains strong. The Fed is expected to keep rates unchanged in January. In the Asia Pacific region, China’s data releases will be closely watched for signs of recovery. Australia will also release high-impact labor market data. In Europe, the US inflation and retail sales data will be crucial. The UK will release inflation and retail sales numbers. The focus is on the S&P 500 chart, with potential support and resistance levels identified.



Read more at Investing.com: Markets Weekly Outlook: Fed Policy in Focus as US Inflation Lies Ahead