Central Banks around the world made significant moves this week, with the Bank of Japan hiking interest rates for the first time in 17 years and the SNB cutting rates in a surprise move. The US stock market surged to new highs following the Fed’s indication of maintaining its projection for three interest rate reductions this year. Investors are now predicting cuts from all three major central banks by June.
In the upcoming week, investors should focus on key economic indicators such as Initial Jobless Claims, U.S. GDP Revision, PCE Inflation, and earnings reports from companies like Walgreens Boots Alliance and Carnival. Analysts are closely watching these reports for insights into the market trend and potential trading opportunities.
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