What to focus on this week?
In the next week, the focus will still be on tensions between Russia and Ukraine, especially in the context of negotiations between the two sides. The conditions of war against the people of the two countries and news regarding the latest conditions still have to be watched by the market.
In addition, several data releases must also be considered, especially those related to inflation and financial policies from several countries. This week, there will be interest rate policies from the ECB and CPI data from the US which can be used as important data in seeing the potential market reaction to the market.
Jerome Powell said it is difficult to raise interest rates to 50 bps. However, if the CPI data spikes again, it will further pressure policymakers to rethink their decisions.
TWFn
