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By Laura Sanchez
Investing.com - Volatile markets this week after the previous disastrous week. With the strong rebound on Wall Street, Asia is mixed and Europe is trying to recover its position. Experts recommend caution.
Corporate earnings season continues.
Oil rises.
Cryptocurrencies trade lower this morning.
Here are the five factors investors should consider when making their decisions today:
1. Do we trust the rebound?
Markets are trying to consolidate the rebound this week, after a fateful last week that affected equity markets, cryptocurrencies, commodities, etc.
Fears of more aggressive central bank policy remain, but investor appetite to buy the fall seems to be slowly returning.
Nevertheless, experts continue to advise caution.
2. ECB non-monetary policy meeting
Today we will be watching to see if an ECB member announces any new developments regarding a possible interest rate hike next July by the European Central Bank (ECB). The body holds a non-monetary policy meeting.
3. Cryptocurrencies on the decline
The cryptocurrency sector remains volatile. Bitcoin is trading at $29,000 and Ethereum at $2,000.
4. Asia and the American stock market
The main Asian indices are mixed today. Nikkei is up 0.7%. Hong Kong's Hang Seng lost 0.4% and the Shanghai Composite dropped 0.1%.
On Wall Street, the market ended yesterday in the green. The S&P 500 (2%), Nasdaq (2.7%) and Dow Jones (1.3%) closed higher.
5. Macroeconomic data
The main macroeconomic releases in Europe include the UK CPI and PPI, as well as the German current account balance.
In the US, crude oil inventories will be released by the IEA.
Follow the day's events on our economic calendar: https://uk.investing.com/economic-calendar/
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