
Please try another search
By Laura Sanchez
Investing.com - Investors adapt to yesterday's Federal Reserve minutes, which reiterated its commitment to adopt a more hawkish approach if necessary.
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. Market price in Fed minutes
Stocks are adjusting to the Fed minutes from last night, which, as expected by experts, indicated that the agency is moving towards further tightening its measures to attack inflation, and opening the possibility of moving from a "neutral" to a "restrictive" line.
This continues to be the focus of investor attention, especially after Fed Chairman Jerome Powell reiterated that he will raise interest rates as much as necessary to control inflation.
2. Corporate results
The corporate earnings season continues. We continue to keep a close eye on the tech and retail companies, after a mixed batch of data.
Today, Alibaba (NYSE:BABA), Costco (NASDAQ:COST), VMware (NYSE:VMW), Dollar General (NYSE:DG), and others are reporting their numbers.
3. Crypto down
The cryptocurrency sector fell this morning. Bitcoin is trading at $29,000 and Ethereum at $1,900.
4. Asia and the U.S. stock market
The main Asian indices are mixed today. Nikkei is down 0.1%. Hong Kong's Hang Seng lost 0.5%, and the Shanghai Composite gained 0.6%.
On Wall Street, the market ended yesterday in the green. The S&P 500 (0.9%), Nasdaq (1.5%), and Dow Jones (0.6%) closed higher.
5. Macroeconomic data
The main macroeconomic references in Europe include consumer confidence and industrial sales in Italy.
In the US we will see pending home sales, quarterly GDP, and initial jobless claims numbers.
Follow the day's events on our economic calendar: https://uk.investing.com/economic-calendar/
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The U.S. dollar slipped on Friday and posted its first weekly decline this month, as traders pared back bets on where interest...
NAIROBI (Reuters) - France's Amethis investment fund said on Friday it will sell its stake in Kenyan general retailer Naivas to Mauritius-based IBL Group. Amethis bought a stake...
LONDON (Reuters) - Copper prices were on Friday set for their biggest weekly fall in a year, down around 6.5%, as investors worried that efforts by central banks to stem inflation...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.