2024.01.14
Earnings Season Begins: S&P 500 Companies in Spotlight
The upcoming week is packed with significant events, including the PBOC's expected MLF rate cut on Monday, followed by key data releases from China, the UK, and the US.
Traders are closely watching for multiple interest rate cuts by the Bank of England, with wage and inflation figures due on Tuesday and Wednesday, respectively.
The upcoming week is packed with significant events, including the PBOC's expected MLF rate cut on Monday, followed by key data releases from China, the UK, and the US.
Traders are closely watching for multiple interest rate cuts by the Bank of England, with wage and inflation figures due on Tuesday and Wednesday, respectively.
Fed Rate Cut Looms: Bond Traders Bet Big
Bond traders are increasingly betting on a Fed rate cut in March, with Treasury two-year yields falling to their lowest level since May. The S&P 500 also saw its 10th weekly gain in 11 weeks as traders priced in an 80% chance of a rate cut in March, up from just over 50% a week ago.
Bitcoin's performance was mixed following the launch of exchange-traded funds holding the cryptocurrency, while oil prices slid over 1% despite US and allied airstrikes against Houthi rebels in Yemen. $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$
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