This week is an important one for data. The latest Fed interest rate decision will be announced on Wednesday and before that, on Tuesday, the US CPI inflation data will be released so there is some uncertainty over what the Fed will do.
The European Central Bank will also be announcing it’s latest rate decision on Thursday – the market is expecting a further 0.25% increase and another in July.
Full report:
https://realmim.com/unexpected-hikes-last-week-but-what-will-the-fed-do-this-week/
Disclaimer: ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy.
This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’